CLS SERVICE: what changed
CLS SERVICE
Largest movements
- Receivables within one year -€8,573
down €8,573 (-18.3%), from €46,949 to €38,376
of which Trade receivables: -€14,302
- Tangible fixed assets -€4,168
down €4,168 (-14.5%), from €28,734 to €24,566
- Stocks and contracts +€1,686
up €1,686 (+7.8%), from €21,673 to €23,360
- Cash +€1,381
up €1,381 (+55.1%), from €2,508 to €3,889
mainly Other debts (+€22,314) and Receivables within one year (+€8,573)
- Other debts +€22,314
up €22,314 (+1,552%), from €1,438 to €23,752
- Reserves -€21,113
down €21,113 (-44.3%), from €47,622 to €26,509
- Debts after one year -€6,069
down €6,069 (-51.6%), from €11,772 to €5,702
- Current portion of long-term debt -€3,395
down €3,395 (-33.6%), from €10,099 to €6,704
- Trade debts -€1,449
down €1,449 (-4.9%), from €29,515 to €28,065
of which Suppliers: -€2,178
- Gross operating margin -€10,693
down €10,693 (-53.9%), from €19,851 to €9,159
- Taxes -€2,677
down €2,677 (-86.1%), from €3,108 to €431
- Other operating charges -€1,552
down €1,552 (-55.8%), from €2,784 to €1,231
- Financial charges +€1,059
up €1,059 (+31.3%), from €3,388 to €4,447
- Depreciation -€619
down €619 (-12.9%), from €4,786 to €4,168
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,662 | €92,195 | -€10,467 | -10.2% |
| Fixed assets | 21/28 | €28,869 | €24,701 | -€4,168 | -14.4% |
| Tangible fixed assets | 22/27 | €28,734 | €24,566 | -€4,168 | -14.5% |
| Plant, machinery and equipment | 23 | €2,699 | €1,589 | -€1,111 | -41.1% |
| Furniture and vehicles | 24 | €1,707 | €626 | -€1,081 | -63.3% |
| Other tangible fixed assets | 26 | €24,327 | €22,351 | -€1,976 | -8.1% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €73,793 | €67,494 | -€6,299 | -8.5% |
| Stocks and contracts in progress | 3 | €21,673 | €23,360 | +€1,686 | +7.8% |
| Stocks | 30/36 | €21,673 | €23,360 | +€1,686 | +7.8% |
| Amounts receivable within one year | 40/41 | €46,949 | €38,376 | -€8,573 | -18.3% |
| Trade receivables | 40 | €37,603 | €23,301 | -€14,302 | -38.0% |
| Other amounts receivable | 41 | €9,346 | €15,075 | +€5,729 | +61.3% |
| Cash at bank and in hand | 54/58 | €2,508 | €3,889 | +€1,381 | +55.1% |
| Deferred charges and accrued income | 490/1 | €2,663 | €1,869 | -€794 | -29.8% |
| Total equity and liabilities | 10/49 | €102,662 | €92,195 | -€10,467 | -10.2% |
| Equity | 10/15 | €48,122 | €27,009 | -€21,113 | -43.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €47,622 | €26,509 | -€21,113 | -44.3% |
| Distributable reserves | 133 | €47,622 | €26,509 | -€21,113 | -44.3% |
| Amounts payable | 17/49 | €54,540 | €65,187 | +€10,646 | +19.5% |
| Amounts payable after more than one year | 17 | €11,772 | €5,702 | -€6,069 | -51.6% |
| Financial debts | 170/4 | €11,772 | €5,702 | -€6,069 | -51.6% |
| Amounts payable within one year | 42/48 | €42,768 | €59,484 | +€16,716 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €10,099 | €6,704 | -€3,395 | -33.6% |
| Trade debts | 44 | €29,515 | €28,065 | -€1,449 | -4.9% |
| Suppliers | 440/4 | €29,515 | €27,336 | -€2,178 | -7.4% |
| Bills of exchange payable | 441 | - | €729 | +€729 | |
| Taxes, remuneration and social security | 45 | €1,716 | €963 | -€753 | -43.9% |
| Taxes | 450/3 | €38 | €40 | +€2 | +5.6% |
| Remuneration and social security | 454/9 | €1,679 | €923 | -€755 | -45.0% |
| Other amounts payable | 47/48 | €1,438 | €23,752 | +€22,314 | +1,552% |
| Non-recurring operating income | 76A | €2,880 | €165 | -€2,714 | -94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,786 | €4,168 | -€619 | -12.9% |
| Other operating charges | 640/8 | €2,784 | €1,231 | -€1,552 | -55.8% |
| Gross operating margin | 9900 | €19,851 | €9,159 | -€10,693 | -53.9% |
| Operating profit (loss) | 9901 | €12,281 | €3,760 | -€8,522 | -69.4% |
| Financial income | 75/76B | €0 | €5 | +€5 | +49,100% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +49,100% |
| Financial charges | 65/66B | €3,388 | €4,447 | +€1,059 | +31.3% |
| Recurring financial charges | 65 | €3,388 | €4,447 | +€1,059 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €8,894 | -€682 | -€9,576 | |
| Income taxes | 67/77 | €3,108 | €431 | -€2,677 | -86.1% |
| Profit (loss) for the period | 9904 | €5,786 | -€1,113 | -€6,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,786 | -€1,113 | -€6,899 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.