CluePoints: 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.
What changed
CluePoints
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3.6m
2024 · €7.1m-€3.5m
Equity
€8.1m
2024 · €20.3m-€12.2m
Cash
€2.7m
2024 · €14.3m-€11.7m
Balance sheet total
€33.2m
2024 · €34.4m-€1.2m
Largest movements
Assets
- Cash -€11.7m
down €11.7m (-81.5%), from €14.3m to €2.7m
mainly Contributions, distributions and other (-€15.7m) and Investment in fixed assets (net) (-€12.1m)
- Receivables within one year +€5.0m
up €5.0m (+108.1%), from €4.6m to €9.5m
of which Other amounts receivable: +€3.3m
- Deferred charges and accrued income +€3.2m
up €3.2m (+215.2%), from €1.5m to €4.7m
- Intangible fixed assets +€1.9m
up €1.9m (+15.4%), from €12.6m to €14.6m
Equity and liabilities
- Profit (loss) carried forward -€12.2m
no longer reported in 2025 (was €12.2m)
- Other debts +€8.6m
up €8.6m (+7501.6%), from €115,074 to €8.7m
- Trade debts +€1.2m
up €1.2m (+33.0%), from €3.8m to €5.0m
- Accrued charges and deferred income +€1.1m
up €1.1m (+16.3%), from €6.9m to €8.1m
Income statement
- Services and other goods +€8.6m
up €8.6m (+35.1%), from €24.6m to €33.2m
- Turnover +€7.5m
up €7.5m (+17.6%), from €42.6m to €50.1m
- Taxes -€2.4m
down €2.4m, from €1.4m to -€991,351
of which Taxes: -€1.4m
- Depreciation +€2.1m
up €2.1m (+27.0%), from €7.9m to €10.0m
- Financial charges +€2.1m
up €2.1m (+615.3%), from €344,690 to €2.5m
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.
Result 2024
€7.1m
Turnover
+€7.5m
Other operating income
-€330,209
Services and other goods
-€8.6m
Staff costs
-€1.2m
Depreciation
-€2.1m
Provisions
+€392,000
Other operating charges
+€8,477
Other operating items
+€1.4m
Financial income
-€837,399
Financial charges
-€2.1m
Taxes
+€2.4m
Result 2025
€3.6m
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.
From operations
+€16.1m
Investment
-€12.1m
Financing
-€15.6m
Cash 2024
€14.3m
From operations (derived)
+€16.1m
Net result for the year
+€3.6m
Depreciation
+€10.0m
Receivables after one year
-€189,806
Receivables within one year
-€5.0m
Deferred charges and accrued income
-€3.2m
Provisions
-€196,000
Trade debts
+€1.2m
Tax, wage and social debts
+€20,253
Other debts
+€8.6m
Accrued charges and deferred income
+€1.1m
Investment (derived)
-€12.1m
Investment in fixed assets (net)
-€12.1m
Financing
-€15.6m
Debts after one year
-€106,652
Current portion of long-term debt
-€16,952
Short-term financial debts
+€227,345
Contributions, distributions and other
-€15.7m
Cash 2025
€2.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,424,446 | €33,184,254 | -€1.2m | -3.6% |
| Fixed assets | 21/28 | €13,476,824 | €15,545,333 | +€2.1m | +15.3% |
| Intangible fixed assets | 21 | €12,623,962 | €14,572,411 | +€1.9m | +15.4% |
| Tangible fixed assets | 22/27 | €475,885 | €653,013 | +€177,128 | +37.2% |
| Plant, machinery and equipment | 23 | €102,358 | €106,927 | +€4,569 | +4.5% |
| Furniture and vehicles | 24 | €366,036 | €546,086 | +€180,050 | +49.2% |
| Assets under construction and advance payments | 27 | €7,492 | - | -€7,492 | |
| Financial fixed assets | 28 | €376,977 | €319,909 | -€57,068 | -15.1% |
| Affiliated companies | 280/1 | €104,441 | €104,441 | = | 0.0% |
| Participating interests | 280 | €104,441 | €104,441 | = | 0.0% |
| Other financial fixed assets | 284/8 | €272,537 | €215,469 | -€57,068 | -20.9% |
| Amounts receivable and cash guarantees | 285/8 | €272,537 | €215,469 | -€57,068 | -20.9% |
| Current assets | 29/58 | €20,947,621 | €17,638,921 | -€3.3m | -15.8% |
| Amounts receivable after more than one year | 29 | €573,123 | €762,929 | +€189,806 | +33.1% |
| Other amounts receivable | 291 | €573,123 | €762,929 | +€189,806 | +33.1% |
| Amounts receivable within one year | 40/41 | €4,585,143 | €9,543,863 | +€5.0m | +108.1% |
| Trade receivables | 40 | €4,333,435 | €6,031,428 | +€1.7m | +39.2% |
| Other amounts receivable | 41 | €251,708 | €3,512,435 | +€3.3m | +1295.4% |
| Cash at bank and in hand | 54/58 | €14,304,771 | €2,652,256 | -€11.7m | -81.5% |
| Deferred charges and accrued income | 490/1 | €1,484,585 | €4,679,873 | +€3.2m | +215.2% |
| Total equity and liabilities | 10/49 | €34,424,446 | €33,184,254 | -€1.2m | -3.6% |
| Equity | 10/15 | €20,307,444 | €8,126,190 | -€12.2m | -60.0% |
| Contributions | 10/11 | €7,454,270 | €7,454,270 | = | 0.0% |
| Capital | 10 | €6,719,197 | €6,719,197 | = | 0.0% |
| Issued capital | 100 | €6,719,197 | €6,719,197 | = | 0.0% |
| Outside capital | 11 | €735,073 | €735,073 | = | 0.0% |
| Share premium | 1100/10 | €735,073 | €735,073 | = | 0.0% |
| Reserves | 13 | €671,920 | €671,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €671,920 | €671,920 | = | 0.0% |
| Legal reserve | 130 | €671,920 | €671,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,181,254 | - | -€12.2m | |
| Provisions and deferred taxes | 16 | €196,000 | - | -€196,000 | |
| Provisions for liabilities and charges | 160/5 | €196,000 | - | -€196,000 | |
| Other liabilities and charges | 164/5 | €196,000 | - | -€196,000 | |
| Amounts payable | 17/49 | €13,921,002 | €25,058,065 | +€11.1m | +80.0% |
| Amounts payable after more than one year | 17 | €106,652 | - | -€106,652 | |
| Trade debts | 175 | €106,652 | - | -€106,652 | |
| Suppliers | 1750 | €106,652 | - | -€106,652 | |
| Amounts payable within one year | 42/48 | €6,879,453 | €16,990,344 | +€10.1m | +147.0% |
| Current portion of amounts payable after more than one year | 42 | €123,604 | €106,652 | -€16,952 | -13.7% |
| Financial debts | 43 | - | €227,345 | +€227,345 | |
| Other loans | 439 | - | €227,345 | +€227,345 | |
| Trade debts | 44 | €3,787,099 | €5,035,019 | +€1.2m | +33.0% |
| Suppliers | 440/4 | €3,787,099 | €5,035,019 | +€1.2m | +33.0% |
| Taxes, remuneration and social security | 45 | €2,853,676 | €2,873,930 | +€20,253 | +0.7% |
| Taxes | 450/3 | €661,732 | €408,398 | -€253,334 | -38.3% |
| Remuneration and social security | 454/9 | €2,191,944 | €2,465,532 | +€273,588 | +12.5% |
| Other amounts payable | 47/48 | €115,074 | €8,747,399 | +€8.6m | +7501.6% |
| Accrued charges and deferred income | 492/3 | €6,934,897 | €8,067,721 | +€1.1m | +16.3% |
| Operating income | 70/76A | €53,732,164 | €62,472,987 | +€8.7m | +16.3% |
| Turnover | 70 | €42,572,838 | €50,072,973 | +€7.5m | +17.6% |
| Own construction capitalised | 72 | €10,195,131 | €11,766,028 | +€1.6m | +15.4% |
| Other operating income | 74 | €964,195 | €633,986 | -€330,209 | -34.2% |
| Operating charges | 60/66A | €45,942,997 | €57,674,201 | +€11.7m | +25.5% |
| Services and other goods | 61 | €24,561,951 | €33,190,210 | +€8.6m | +35.1% |
| Remuneration, social security and pensions | 62 | €13,276,688 | €14,501,390 | +€1.2m | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,867,331 | €9,994,999 | +€2.1m | +27.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €196,000 | -€196,000 | -€392,000 | |
| Other operating charges | 640/8 | €40,769 | €32,292 | -€8,477 | -20.8% |
| Non-recurring operating charges | 66A | €257 | €151,310 | +€151,053 | +58684.1% |
| Operating profit (loss) | 9901 | €7,789,168 | €4,798,786 | -€3.0m | -38.4% |
| Financial income | 75/76B | €1,081,493 | €244,094 | -€837,399 | -77.4% |
| Recurring financial income | 75 | €1,081,493 | €244,094 | -€837,399 | -77.4% |
| Income from financial fixed assets | 750 | €536 | €24,132 | +€23,595 | +4399.2% |
| Income from current assets | 751 | €10,745 | €35,211 | +€24,466 | +227.7% |
| Other financial income | 752/9 | €1,070,212 | €184,752 | -€885,460 | -82.7% |
| Financial charges | 65/66B | €344,690 | €2,465,632 | +€2.1m | +615.3% |
| Recurring financial charges | 65 | €344,690 | €2,465,632 | +€2.1m | +615.3% |
| Debt charges | 650 | €112,729 | €149,891 | +€37,162 | +33.0% |
| Other financial charges | 652/9 | €231,962 | €2,315,742 | +€2.1m | +898.3% |
| Profit (loss) for the period before taxes | 9903 | €8,525,971 | €2,577,248 | -€5.9m | -69.8% |
| Income taxes | 67/77 | €1,435,761 | -€991,351 | -€2.4m | |
| Taxes | 670/3 | €1,474,940 | €65,675 | -€1.4m | -95.5% |
| Tax adjustments and reversals of tax provisions | 77 | €39,179 | €1,057,025 | +€1.0m | +2597.9% |
| Profit (loss) for the period | 9904 | €7,090,209 | €3,568,598 | -€3.5m | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,090,209 | €3,568,598 | -€3.5m | -49.7% |
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 5 October 2026 via checked.be.