CLOUDSTAR: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CLOUDSTAR
Largest movements
- Cash +€89,203
up €89,203 (+326.1%), from €27,355 to €116,558
mainly Trade debts (+€82,098) and Net result for the year (+€30,989)
- Tangible fixed assets +€34,324
up €34,324 (+3131.8%), from €1,096 to €35,420
of which Furniture and vehicles: +€34,555
- Current investments -€25,000
down €25,000 (-25.0%), from €100,000 to €75,000
- Receivables within one year +€18,965
up €18,965 (+11.1%), from €170,136 to €189,101
of which Trade receivables: +€15,383
- Trade debts +€82,098
up €82,098 (+74.9%), from €109,553 to €191,651
- Profit (loss) carried forward +€30,989
up €30,989 (+69.9%), from -€44,338 to -€13,349
- Tax, wage and social debts +€4,405
up €4,405 (+39.8%), from €11,064 to €15,469
of which Taxes: +€3,667
- Gross operating margin +€41,411
up €41,411 (+45.2%), from €91,569 to €132,980
- Taxes +€7,627
up €7,627 (+533.4%), from €1,430 to €9,057
- Financial income -€1,380
down €1,380 (-37.8%), from €3,655 to €2,275
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,080 | €427,572 | +€117,492 | +37.9% |
| Fixed assets | 21/28 | €1,096 | €35,420 | +€34,324 | +3131.8% |
| Tangible fixed assets | 22/27 | €1,096 | €35,420 | +€34,324 | +3131.8% |
| Land and buildings | 22 | €461 | €230 | -€231 | -50.1% |
| Furniture and vehicles | 24 | €635 | €35,190 | +€34,555 | +5441.7% |
| Current assets | 29/58 | €308,984 | €392,152 | +€83,168 | +26.9% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €170,136 | €189,101 | +€18,965 | +11.1% |
| Trade receivables | 40 | €161,980 | €177,363 | +€15,383 | +9.5% |
| Other amounts receivable | 41 | €8,156 | €11,738 | +€3,582 | +43.9% |
| Current investments | 50/53 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Cash at bank and in hand | 54/58 | €27,355 | €116,558 | +€89,203 | +326.1% |
| Deferred charges and accrued income | 490/1 | €1,493 | €1,493 | = | 0.0% |
| Total equity and liabilities | 10/49 | €310,080 | €427,572 | +€117,492 | +37.9% |
| Equity | 10/15 | €189,463 | €220,452 | +€30,989 | +16.4% |
| Contributions | 10/11 | €230,126 | €230,126 | = | 0.0% |
| Reserves | 13 | €3,675 | €3,675 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,815 | €1,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,338 | -€13,349 | +€30,989 | +69.9% |
| Amounts payable | 17/49 | €120,617 | €207,120 | +€86,503 | +71.7% |
| Amounts payable within one year | 42/48 | €120,617 | €207,120 | +€86,503 | +71.7% |
| Trade debts | 44 | €109,553 | €191,651 | +€82,098 | +74.9% |
| Suppliers | 440/4 | €109,553 | €191,651 | +€82,098 | +74.9% |
| Taxes, remuneration and social security | 45 | €11,064 | €15,469 | +€4,405 | +39.8% |
| Taxes | 450/3 | - | €3,667 | +€3,667 | |
| Remuneration and social security | 454/9 | €11,064 | €11,802 | +€738 | +6.7% |
| Remuneration, social security and pensions | 62 | €93,000 | €92,959 | -€41 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,291 | €1,856 | +€565 | +43.8% |
| Other operating charges | 640/8 | €141 | €288 | +€147 | +104.3% |
| Gross operating margin | 9900 | €91,569 | €132,980 | +€41,411 | +45.2% |
| Operating profit (loss) | 9901 | -€2,863 | €37,877 | +€40,740 | |
| Financial income | 75/76B | €3,655 | €2,275 | -€1,380 | -37.8% |
| Recurring financial income | 75 | €3,655 | €2,275 | -€1,380 | -37.8% |
| Financial charges | 65/66B | €110 | €106 | -€4 | -3.6% |
| Recurring financial charges | 65 | €110 | €106 | -€4 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €682 | €40,046 | +€39,364 | +5771.8% |
| Income taxes | 67/77 | €1,430 | €9,057 | +€7,627 | +533.4% |
| Profit (loss) for the period | 9904 | -€748 | €30,989 | +€31,737 | |
| Profit (loss) for the period to be appropriated | 9905 | -€748 | €30,989 | +€31,737 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.