CLOUTER: what changed
Two financial 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.
CLOUTER
Largest movements
- Receivables within one year +€8,679
up €8,679 (+12.7%), from €68,444 to €77,124
of which Other amounts receivable: +€6,334
- Cash +€5,118
up €5,118 (+12.9%), from €39,720 to €44,838
mainly Net result for the year (+€10,291) and Investment in fixed assets (net) (+€2,806)
- Financial fixed assets -€2,806
down €2,806 (-100.0%), from €2,806 to €0
- Reserves +€10,291
up €10,291 (+12.5%), from €82,596 to €92,887
- Gross operating margin -€4,401
down €4,401 (-24.0%), from €18,368 to €13,967
- Financial income +€3,516
new in 2025: €3,516
- Taxes -€360
down €360 (-6.5%), from €5,510 to €5,150
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 | €113,559 | €123,329 | +€9,770 | +8.6% |
| Fixed assets | 21/28 | €5,394 | €1,367 | -€4,027 | -74.7% |
| Tangible fixed assets | 22/27 | €2,589 | €1,367 | -€1,222 | -47.2% |
| Plant, machinery and equipment | 23 | €1,609 | €600 | -€1,010 | -62.7% |
| Furniture and vehicles | 24 | €979 | €767 | -€212 | -21.7% |
| Financial fixed assets | 28 | €2,806 | €0 | -€2,806 | -100.0% |
| Current assets | 29/58 | €108,164 | €121,962 | +€13,798 | +12.8% |
| Amounts receivable within one year | 40/41 | €68,444 | €77,124 | +€8,679 | +12.7% |
| Trade receivables | 40 | €6,655 | €9,000 | +€2,345 | +35.2% |
| Other amounts receivable | 41 | €61,789 | €68,124 | +€6,334 | +10.3% |
| Cash at bank and in hand | 54/58 | €39,720 | €44,838 | +€5,118 | +12.9% |
| Total equity and liabilities | 10/49 | €113,559 | €123,329 | +€9,770 | +8.6% |
| Equity | 10/15 | €107,888 | €118,179 | +€10,291 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,596 | €92,887 | +€10,291 | +12.5% |
| Distributable reserves | 133 | €82,596 | €92,887 | +€10,291 | +12.5% |
| Profit (loss) carried forward | 14 | €6,691 | €6,691 | +€0 | 0.0% |
| Amounts payable | 17/49 | €5,671 | €5,150 | -€521 | -9.2% |
| Amounts payable within one year | 42/48 | €5,671 | €5,150 | -€521 | -9.2% |
| Taxes, remuneration and social security | 45 | €5,671 | €5,150 | -€521 | -9.2% |
| Taxes | 450/3 | €5,671 | €5,150 | -€521 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,088 | €1,222 | +€134 | +12.3% |
| Other operating charges | 640/8 | €800 | €687 | -€113 | -14.2% |
| Gross operating margin | 9900 | €18,368 | €13,967 | -€4,401 | -24.0% |
| Operating profit (loss) | 9901 | €16,480 | €12,059 | -€4,422 | -26.8% |
| Financial income | 75/76B | - | €3,516 | +€3,516 | |
| Recurring financial income | 75 | - | €3,516 | +€3,516 | |
| Financial charges | 65/66B | €192 | €134 | -€58 | -30.2% |
| Recurring financial charges | 65 | €192 | €134 | -€58 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €16,288 | €15,441 | -€847 | -5.2% |
| Income taxes | 67/77 | €5,510 | €5,150 | -€360 | -6.5% |
| Profit (loss) for the period | 9904 | €10,778 | €10,291 | -€487 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,778 | €10,291 | -€487 | -4.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.