Clouwdy: 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.
Clouwdy
Largest movements
- Receivables within one year +€13,008
up €13,008 (+127.9%), from €10,170 to €23,177
of which Other amounts receivable: +€8,214
- Cash +€9,709
up €9,709 (+98.8%), from €9,830 to €19,539
mainly Net result for the year (+€31,252) and Depreciation (+€3,783)
- Current investments +€8,215
up €8,215 (+40.1%), from €20,466 to €28,682
- Deferred charges and accrued income +€1,534
up €1,534 (+177.2%), from €865 to €2,399
- Tangible fixed assets -€1,115
down €1,115 (-14.6%), from €7,617 to €6,502
of which Furniture and vehicles: -€766
- Profit (loss) carried forward +€31,252
new in 2025: €31,252
- Other debts -€2,659
down €2,659 (-79.0%), from €3,365 to €705
- Tax, wage and social debts +€2,653
up €2,653 (+15.1%), from €17,566 to €20,219
of which Taxes: +€2,674
- Gross operating margin +€15,432
up €15,432 (+50.5%), from €30,555 to €45,987
- Depreciation +€1,721
up €1,721 (+83.5%), from €2,062 to €3,783
- Taxes +€1,713
up €1,713 (+23.7%), from €7,231 to €8,944
- Financial charges -€950
down €950 (-28.5%), from €3,332 to €2,382
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 | €48,948 | €80,299 | +€31,351 | +64.1% |
| Fixed assets | 21/28 | €7,617 | €6,502 | -€1,115 | -14.6% |
| Tangible fixed assets | 22/27 | €7,617 | €6,502 | -€1,115 | -14.6% |
| Furniture and vehicles | 24 | €6,221 | €5,456 | -€766 | -12.3% |
| Other tangible fixed assets | 26 | €1,395 | €1,046 | -€349 | -25.0% |
| Current assets | 29/58 | €41,331 | €73,798 | +€32,466 | +78.6% |
| Amounts receivable within one year | 40/41 | €10,170 | €23,177 | +€13,008 | +127.9% |
| Trade receivables | 40 | €10,164 | €14,957 | +€4,793 | +47.2% |
| Other amounts receivable | 41 | €6 | €8,220 | +€8,214 | +143606.3% |
| Current investments | 50/53 | €20,466 | €28,682 | +€8,215 | +40.1% |
| Cash at bank and in hand | 54/58 | €9,830 | €19,539 | +€9,709 | +98.8% |
| Deferred charges and accrued income | 490/1 | €865 | €2,399 | +€1,534 | +177.2% |
| Total equity and liabilities | 10/49 | €48,948 | €80,299 | +€31,351 | +64.1% |
| Equity | 10/15 | €26,063 | €57,315 | +€31,252 | +119.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €25,563 | €25,563 | = | 0.0% |
| Distributable reserves | 133 | €25,563 | €25,563 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €31,252 | +€31,252 | |
| Amounts payable | 17/49 | €22,885 | €22,985 | +€99 | +0.4% |
| Amounts payable within one year | 42/48 | €22,081 | €22,407 | +€326 | +1.5% |
| Financial debts | 43 | €31 | - | -€31 | |
| Credit institutions | 430/8 | €31 | - | -€31 | |
| Trade debts | 44 | €1,120 | €1,483 | +€363 | +32.4% |
| Suppliers | 440/4 | €1,120 | €1,483 | +€363 | +32.4% |
| Taxes, remuneration and social security | 45 | €17,566 | €20,219 | +€2,653 | +15.1% |
| Taxes | 450/3 | €15,391 | €18,064 | +€2,674 | +17.4% |
| Remuneration and social security | 454/9 | €2,175 | €2,154 | -€21 | -0.9% |
| Other amounts payable | 47/48 | €3,365 | €705 | -€2,659 | -79.0% |
| Accrued charges and deferred income | 492/3 | €804 | €578 | -€226 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,062 | €3,783 | +€1,721 | +83.5% |
| Other operating charges | 640/8 | €318 | €128 | -€190 | -59.8% |
| Non-recurring operating charges | 66A | €888 | - | -€888 | |
| Gross operating margin | 9900 | €30,555 | €45,987 | +€15,432 | +50.5% |
| Operating profit (loss) | 9901 | €27,287 | €42,076 | +€14,789 | +54.2% |
| Financial income | 75/76B | €104 | €501 | +€398 | +382.8% |
| Recurring financial income | 75 | €104 | €501 | +€398 | +382.8% |
| Financial charges | 65/66B | €3,332 | €2,382 | -€950 | -28.5% |
| Recurring financial charges | 65 | €3,332 | €2,382 | -€950 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €24,058 | €40,196 | +€16,137 | +67.1% |
| Income taxes | 67/77 | €7,231 | €8,944 | +€1,713 | +23.7% |
| Profit (loss) for the period | 9904 | €16,827 | €31,252 | +€14,425 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,827 | €31,252 | +€14,425 | +85.7% |
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 9 October 2026 via checked.be.