CLP MANAGEMENT: 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.
CLP MANAGEMENT
Largest movements
- Cash -€126,177
down €126,177 (-70.1%), from €180,015 to €53,838
mainly Other debts (-€102,903) and Contributions, distributions and other (-€60,000)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year +€30,984
up €30,984 (+50.6%), from €61,288 to €92,272
of which Other amounts receivable: +€50,984
- Other debts -€102,903
down €102,903 (-58.9%), from €174,824 to €71,920
- Profit (loss) carried forward -€80,787
down €80,787 (-52.8%), from €152,918 to €72,132
- Current portion of long-term debt -€15,000
no longer reported in 2025 (was €15,000)
- Financial income -€215,997
down €215,997 (-83.2%), from €259,484 to €43,487
- Gross operating margin -€126,752
down €126,752, from €78,906 to -€47,846
- Taxes -€21,129
down €21,129 (-97.7%), from €21,622 to €493
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 | €373,517 | €176,009 | -€197,508 | -52.9% |
| Fixed assets | 21/28 | €32,214 | €29,899 | -€2,315 | -7.2% |
| Tangible fixed assets | 22/27 | €5,402 | €3,087 | -€2,315 | -42.9% |
| Plant, machinery and equipment | 23 | €48 | €0 | -€48 | -100.0% |
| Furniture and vehicles | 24 | €2,940 | €1,699 | -€1,241 | -42.2% |
| Other tangible fixed assets | 26 | €2,413 | €1,388 | -€1,025 | -42.5% |
| Financial fixed assets | 28 | €26,813 | €26,813 | = | 0.0% |
| Current assets | 29/58 | €341,303 | €146,110 | -€195,193 | -57.2% |
| Amounts receivable within one year | 40/41 | €61,288 | €92,272 | +€30,984 | +50.6% |
| Trade receivables | 40 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 41 | €41,288 | €92,272 | +€50,984 | +123.5% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €180,015 | €53,838 | -€126,177 | -70.1% |
| Total equity and liabilities | 10/49 | €373,517 | €176,009 | -€197,508 | -52.9% |
| Equity | 10/15 | €171,650 | €90,863 | -€80,787 | -47.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132 | €132 | = | 0.0% |
| Non-distributable reserves | 130/1 | €132 | €132 | = | 0.0% |
| Reserves not available under the articles | 1311 | €132 | €132 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,918 | €72,132 | -€80,787 | -52.8% |
| Amounts payable | 17/49 | €201,867 | €85,146 | -€116,721 | -57.8% |
| Amounts payable within one year | 42/48 | €201,867 | €85,146 | -€116,721 | -57.8% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €1,150 | €2,501 | +€1,351 | +117.5% |
| Suppliers | 440/4 | €1,150 | €2,501 | +€1,351 | +117.5% |
| Taxes, remuneration and social security | 45 | €10,893 | €10,724 | -€169 | -1.6% |
| Taxes | 450/3 | €10,893 | €10,724 | -€169 | -1.6% |
| Other amounts payable | 47/48 | €174,824 | €71,920 | -€102,903 | -58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,515 | €2,315 | -€200 | -7.9% |
| Other operating charges | 640/8 | €388 | €915 | +€526 | +135.5% |
| Non-recurring operating charges | 66A | - | €11,797 | +€11,797 | |
| Gross operating margin | 9900 | €78,906 | -€47,846 | -€126,752 | |
| Operating profit (loss) | 9901 | €76,003 | -€62,872 | -€138,876 | |
| Financial income | 75/76B | €259,484 | €43,487 | -€215,997 | -83.2% |
| Recurring financial income | 75 | €259,484 | €43,487 | -€215,997 | -83.2% |
| Financial charges | 65/66B | €534 | €908 | +€374 | +70.0% |
| Recurring financial charges | 65 | €534 | €908 | +€374 | +70.0% |
| Profit (loss) for the period before taxes | 9903 | €334,953 | -€20,293 | -€355,246 | |
| Income taxes | 67/77 | €21,622 | €493 | -€21,129 | -97.7% |
| Profit (loss) for the period | 9904 | €313,331 | -€20,787 | -€334,117 | |
| Profit (loss) for the period to be appropriated | 9905 | €313,331 | -€20,787 | -€334,117 |
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.