Cloudworks: 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.
Cloudworks
Largest movements
- Receivables within one year -€136,475
down €136,475 (-31.2%), from €437,298 to €300,823
of which Trade receivables: -€138,744
- Current investments +€115,706
new in 2025: €115,706
- Cash +€40,954
up €40,954 (+4.2%), from €979,746 to €1.0m
mainly Net result for the year (+€1.2m) and Receivables within one year (+€136,475)
- Tangible fixed assets +€35,198
up €35,198 (+10.2%), from €345,512 to €380,710
of which Land and buildings: +€225,890
- Reserves +€312,226
up €312,226 (+62.5%), from €499,748 to €811,974
- Tax, wage and social debts -€265,562
down €265,562 (-73.5%), from €361,497 to €95,935
- Gross operating margin +€981,210
up €981,210 (+119.5%), from €820,981 to €1.8m
- Taxes +€247,736
up €247,736 (+123.0%), from €201,373 to €449,109
- Financial charges +€105,557
up €105,557 (+2412.9%), from €4,375 to €109,931
- Depreciation +€20,317
up €20,317 (+187.7%), from €10,822 to €31,140
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 | €1,767,932 | €1,822,383 | +€54,451 | +3.1% |
| Fixed assets | 21/28 | €345,662 | €380,860 | +€35,198 | +10.2% |
| Tangible fixed assets | 22/27 | €345,512 | €380,710 | +€35,198 | +10.2% |
| Land and buildings | 22 | €116,360 | €342,250 | +€225,890 | +194.1% |
| Furniture and vehicles | 24 | €50,176 | €38,460 | -€11,716 | -23.3% |
| Assets under construction and advance payments | 27 | €178,976 | - | -€178,976 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €1,422,270 | €1,441,523 | +€19,253 | +1.4% |
| Amounts receivable within one year | 40/41 | €437,298 | €300,823 | -€136,475 | -31.2% |
| Trade receivables | 40 | €431,818 | €293,074 | -€138,744 | -32.1% |
| Other amounts receivable | 41 | €5,480 | €7,749 | +€2,269 | +41.4% |
| Current investments | 50/53 | - | €115,706 | +€115,706 | |
| Cash at bank and in hand | 54/58 | €979,746 | €1,020,699 | +€40,954 | +4.2% |
| Deferred charges and accrued income | 490/1 | €5,226 | €4,295 | -€932 | -17.8% |
| Total equity and liabilities | 10/49 | €1,767,932 | €1,822,383 | +€54,451 | +3.1% |
| Equity | 10/15 | €501,748 | €813,974 | +€312,226 | +62.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €499,748 | €811,974 | +€312,226 | +62.5% |
| Distributable reserves | 133 | €499,748 | €811,974 | +€312,226 | +62.5% |
| Amounts payable | 17/49 | €1,266,184 | €1,008,409 | -€257,775 | -20.4% |
| Amounts payable within one year | 42/48 | €1,266,184 | €1,008,409 | -€257,775 | -20.4% |
| Trade debts | 44 | €4,687 | €12,474 | +€7,788 | +166.2% |
| Suppliers | 440/4 | €4,687 | €12,474 | +€7,788 | +166.2% |
| Taxes, remuneration and social security | 45 | €361,497 | €95,935 | -€265,562 | -73.5% |
| Taxes | 450/3 | €361,497 | €95,935 | -€265,562 | -73.5% |
| Other amounts payable | 47/48 | €900,000 | €900,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,822 | €31,140 | +€20,317 | +187.7% |
| Other operating charges | 640/8 | €4,277 | €2,718 | -€1,559 | -36.4% |
| Gross operating margin | 9900 | €820,981 | €1,802,191 | +€981,210 | +119.5% |
| Operating profit (loss) | 9901 | €805,882 | €1,768,333 | +€962,452 | +119.4% |
| Financial income | 75/76B | €2,508 | €2,933 | +€425 | +16.9% |
| Recurring financial income | 75 | €2,508 | €2,933 | +€425 | +16.9% |
| Financial charges | 65/66B | €4,375 | €109,931 | +€105,557 | +2412.9% |
| Recurring financial charges | 65 | €4,375 | €109,931 | +€105,557 | +2412.9% |
| Profit (loss) for the period before taxes | 9903 | €804,016 | €1,661,335 | +€857,319 | +106.6% |
| Income taxes | 67/77 | €201,373 | €449,109 | +€247,736 | +123.0% |
| Profit (loss) for the period | 9904 | €602,643 | €1,212,226 | +€609,583 | +101.2% |
| Profit (loss) for the period to be appropriated | 9905 | €602,643 | €1,212,226 | +€609,583 | +101.2% |
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 4 October 2026 via checked.be.