CLS Innovation: 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.
CLS Innovation
Largest movements
- Intangible fixed assets +€17,041
up €17,041 (+37.6%), from €45,284 to €62,325
- Cash +€10,683
up €10,683 (+2,992%), from €357 to €11,040
mainly Contributions, distributions and other (+€71,000) and Depreciation (+€22,685)
- Receivables within one year +€8,499
up €8,499 (+697%), from €1,219 to €9,718
of which Trade receivables: +€9,718
- Contributions +€71,000
up €71,000 (+710%), from €10,000 to €81,000
- Debts after one year -€28,212
no longer reported in 2025 (was €28,212)
- Profit (loss) carried forward -€13,207
down €13,207 (-18.5%), from -€71,294 to -€84,501
- Trade debts +€12,779
up €12,779 (+71.8%), from €17,796 to €30,575
- Current portion of long-term debt -€3,005
down €3,005 (-29.4%), from €10,217 to €7,212
- Gross operating margin -€16,662
down €16,662 (-56.6%), from €29,453 to €12,791
- Depreciation +€3,638
up €3,638 (+19.1%), from €19,047 to €22,685
- Financial charges -€1,194
down €1,194 (-40.1%), from €2,974 to €1,780
- Other operating charges +€851
new in 2025: €851
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.
Derived cash bridge
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 | €46,860 | €83,083 | +€36,223 | +77.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €45,284 | €62,325 | +€17,041 | +37.6% |
| Intangible fixed assets | 21 | €45,284 | €62,325 | +€17,041 | +37.6% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €1,576 | €20,758 | +€19,182 | +1,217% |
| Amounts receivable within one year | 40/41 | €1,219 | €9,718 | +€8,499 | +697% |
| Trade receivables | 40 | - | €9,718 | +€9,718 | |
| Other amounts receivable | 41 | €1,219 | €0 | -€1,219 | -100% |
| Cash at bank and in hand | 54/58 | €357 | €11,040 | +€10,683 | +2,992% |
| Total equity and liabilities | 10/49 | €46,860 | €83,083 | +€36,223 | +77.3% |
| Equity | 10/15 | -€61,294 | -€3,501 | +€57,793 | +94.3% |
| Contributions | 10/11 | €10,000 | €81,000 | +€71,000 | +710% |
| Profit (loss) carried forward | 14 | -€71,294 | -€84,501 | -€13,207 | -18.5% |
| Amounts payable | 17/49 | €108,154 | €86,584 | -€21,570 | -19.9% |
| Amounts payable after more than one year | 17 | €28,212 | - | -€28,212 | |
| Financial debts | 170/4 | €28,212 | - | -€28,212 | |
| Amounts payable within one year | 42/48 | €79,942 | €86,584 | +€6,642 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €10,217 | €7,212 | -€3,005 | -29.4% |
| Financial debts | 43 | €4,326 | €4,326 | = | 0.0% |
| Credit institutions | 430/8 | €2,326 | €2,326 | = | 0.0% |
| Other loans | 439 | €2,000 | €2,000 | = | 0.0% |
| Trade debts | 44 | €17,796 | €30,575 | +€12,779 | +71.8% |
| Suppliers | 440/4 | €17,796 | €30,575 | +€12,779 | +71.8% |
| Taxes, remuneration and social security | 45 | €4,386 | €3,051 | -€1,335 | -30.4% |
| Taxes | 450/3 | €3,728 | €2,393 | -€1,335 | -35.8% |
| Remuneration and social security | 454/9 | €658 | €658 | = | 0.0% |
| Other amounts payable | 47/48 | €43,217 | €41,420 | -€1,797 | -4.2% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,047 | €22,685 | +€3,638 | +19.1% |
| Other operating charges | 640/8 | - | €851 | +€851 | |
| Non-recurring operating charges | 66A | - | €692 | +€692 | |
| Gross operating margin | 9900 | €29,453 | €12,791 | -€16,662 | -56.6% |
| Operating profit (loss) | 9901 | €10,406 | -€11,437 | -€21,843 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €2,974 | €1,780 | -€1,194 | -40.1% |
| Recurring financial charges | 65 | €2,974 | €1,780 | -€1,194 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €7,432 | -€13,207 | -€20,639 | |
| Profit (loss) for the period | 9904 | €7,432 | -€13,207 | -€20,639 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,432 | -€13,207 | -€20,639 |
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 16 October 2026 via checked.be.