CLYBOUW STEVEN: 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.
CLYBOUW STEVEN
Largest movements
- Receivables within one year -€92,161
down €92,161 (-30.4%), from €302,865 to €210,704
of which Trade receivables: -€85,791
- Tangible fixed assets -€27,871
down €27,871 (-26.7%), from €104,546 to €76,674
of which Leasing and similar rights: -€25,500
- Deferred charges and accrued income -€6,795
down €6,795 (-55.1%), from €12,343 to €5,548
- Trade debts -€126,634
down €126,634 (-55.5%), from €228,166 to €101,531
- Reserves +€47,000
up €47,000 (+43.5%), from €107,940 to €154,940
of which Tax-exempt reserves: +€47,000
- Debts after one year -€24,624
down €24,624 (-20.8%), from €118,229 to €93,604
- Tax, wage and social debts -€19,196
down €19,196 (-63.9%), from €30,061 to €10,866
of which Remuneration and social security: -€12,079
- Other debts +€11,941
up €11,941 (+11.6%), from €102,880 to €114,822
- Gross operating margin -€149,213
down €149,213 (-45.6%), from €327,248 to €178,035
- Depreciation -€97,751
down €97,751 (-77.8%), from €125,623 to €27,871
- Staff costs -€40,274
down €40,274 (-22.9%), from €175,619 to €135,345
- Financial income -€11,257
down €11,257 (-18.5%), from €60,690 to €49,432
of which Non-recurring financial income: -€12,410
- Other operating charges -€4,726
down €4,726 (-34.7%), from €13,618 to €8,892
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 | €645,584 | €526,005 | -€119,579 | -18.5% |
| Fixed assets | 21/28 | €104,546 | €76,674 | -€27,871 | -26.7% |
| Tangible fixed assets | 22/27 | €104,546 | €76,674 | -€27,871 | -26.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,293 | €0 | -€2,293 | -100% |
| Leasing and similar rights | 25 | €102,000 | €76,500 | -€25,500 | -25.0% |
| Other tangible fixed assets | 26 | €253 | €174 | -€78 | -31.0% |
| Current assets | 29/58 | €541,038 | €449,331 | -€91,707 | -17.0% |
| Stocks and contracts in progress | 3 | €174,850 | €177,200 | +€2,350 | +1.3% |
| Stocks | 30/36 | €7,850 | €10,200 | +€2,350 | +29.9% |
| Contracts in progress | 37 | €167,000 | €167,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €302,865 | €210,704 | -€92,161 | -30.4% |
| Trade receivables | 40 | €285,073 | €199,282 | -€85,791 | -30.1% |
| Other amounts receivable | 41 | €17,792 | €11,421 | -€6,370 | -35.8% |
| Cash at bank and in hand | 54/58 | €50,980 | €55,879 | +€4,899 | +9.6% |
| Deferred charges and accrued income | 490/1 | €12,343 | €5,548 | -€6,795 | -55.1% |
| Total equity and liabilities | 10/49 | €645,584 | €526,005 | -€119,579 | -18.5% |
| Equity | 10/15 | €131,319 | €178,506 | +€47,187 | +35.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,940 | €154,940 | +€47,000 | +43.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €106,080 | €153,080 | +€47,000 | +44.3% |
| Profit (loss) carried forward | 14 | €4,779 | €4,966 | +€187 | +3.9% |
| Amounts payable | 17/49 | €514,265 | €347,499 | -€166,766 | -32.4% |
| Amounts payable after more than one year | 17 | €118,229 | €93,604 | -€24,624 | -20.8% |
| Financial debts | 170/4 | €118,229 | €93,604 | -€24,624 | -20.8% |
| Amounts payable within one year | 42/48 | €396,036 | €251,843 | -€144,193 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €34,928 | €24,624 | -€10,304 | -29.5% |
| Trade debts | 44 | €228,166 | €101,531 | -€126,634 | -55.5% |
| Suppliers | 440/4 | €228,166 | €101,531 | -€126,634 | -55.5% |
| Taxes, remuneration and social security | 45 | €30,061 | €10,866 | -€19,196 | -63.9% |
| Taxes | 450/3 | €9,751 | €2,634 | -€7,117 | -73.0% |
| Remuneration and social security | 454/9 | €20,310 | €8,231 | -€12,079 | -59.5% |
| Other amounts payable | 47/48 | €102,880 | €114,822 | +€11,941 | +11.6% |
| Accrued charges and deferred income | 492/3 | - | €2,052 | +€2,052 | |
| Remuneration, social security and pensions | 62 | €175,619 | €135,345 | -€40,274 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,623 | €27,871 | -€97,751 | -77.8% |
| Other operating charges | 640/8 | €13,618 | €8,892 | -€4,726 | -34.7% |
| Gross operating margin | 9900 | €327,248 | €178,035 | -€149,213 | -45.6% |
| Operating profit (loss) | 9901 | €12,388 | €5,927 | -€6,461 | -52.2% |
| Financial income | 75/76B | €60,690 | €49,432 | -€11,257 | -18.5% |
| Recurring financial income | 75 | €30 | €1,182 | +€1,153 | +3,855% |
| Non-recurring financial income | 76B | €60,660 | €48,250 | -€12,410 | -20.5% |
| Financial charges | 65/66B | €10,531 | €8,172 | -€2,359 | -22.4% |
| Recurring financial charges | 65 | €10,531 | €8,172 | -€2,359 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €62,546 | €47,187 | -€15,359 | -24.6% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +180% |
| Profit (loss) for the period | 9904 | €62,546 | €47,187 | -€15,359 | -24.6% |
| Transfer to tax-exempt reserves | 689 | - | €47,000 | +€47,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,546 | €187 | -€62,359 | -99.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.