Clynhens J.: 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.
What changed
Clynhens J.
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€26,134
2024 · €4,831-€30,965
Equity
€1.1m
2024 · €1.1m-€26,134
Cash
€2,364
2024 · €3,263-€899
Balance sheet total
€1.4m
2024 · €1.3m+€146,185
Largest movements
Assets
- Tangible fixed assets +€335,680
up €335,680 (+86.5%), from €388,180 to €723,860
of which Land and buildings: +€341,329
- Current investments -€182,563
down €182,563 (-20.9%), from €875,268 to €692,705
Equity and liabilities
- Debts after one year +€203,697
new in 2025: €203,697
- Tax, wage and social debts -€33,868
no longer reported in 2025 (was €33,868)
- Profit (loss) carried forward -€15,212
new in 2025: -€15,212
Income statement
- Financial income -€22,710
down €22,710 (-76.3%), from €29,774 to €7,064
- Taxes +€8,373
up €8,373, from -€8,126 to €247
- Gross operating margin +€8,022
up €8,022 (+46.4%), from -€17,293 to -€9,271
- Depreciation +€5,932
up €5,932 (+43.0%), from €13,788 to €19,720
- Financial charges +€3,187
up €3,187 (+159%), from €1,999 to €5,185
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
€4,831
Gross operating margin
+€8,022
Depreciation
-€5,932
Other operating charges
-€390
Financial income
-€22,710
Financial charges
-€3,187
Taxes
-€8,373
Deferred taxes and other
+€1,603
Result 2025
-€26,134
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€43,349
Investment
-€172,837
Financing
+€215,286
Cash 2024
€3,263
From operations (derived)
-€43,349
Net result for the year
-€26,134
Depreciation
+€19,720
Receivables within one year
+€6,033
Provisions
-€3,641
Trade debts
-€3,225
Tax, wage and social debts
-€33,868
Other debts
-€2,234
Investment (derived)
-€172,837
Investment in fixed assets (net)
-€355,400
Current investments
+€182,563
Financing
+€215,286
Debts after one year
+€203,697
Current portion of long-term debt
+€11,590
Cash 2025
€2,364
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,288,020 | €1,434,205 | +€146,185 | +11.3% |
| Fixed assets | 21/28 | €388,180 | €723,860 | +€335,680 | +86.5% |
| Tangible fixed assets | 22/27 | €388,180 | €723,860 | +€335,680 | +86.5% |
| Land and buildings | 22 | €379,686 | €721,015 | +€341,329 | +89.9% |
| Furniture and vehicles | 24 | €8,494 | €2,845 | -€5,649 | -66.5% |
| Current assets | 29/58 | €899,840 | €710,345 | -€189,495 | -21.1% |
| Amounts receivable within one year | 40/41 | €21,309 | €15,276 | -€6,033 | -28.3% |
| Trade receivables | 40 | €7,624 | €832 | -€6,793 | -89.1% |
| Other amounts receivable | 41 | €13,685 | €14,445 | +€760 | +5.6% |
| Current investments | 50/53 | €875,268 | €692,705 | -€182,563 | -20.9% |
| Cash at bank and in hand | 54/58 | €3,263 | €2,364 | -€899 | -27.6% |
| Total equity and liabilities | 10/49 | €1,288,020 | €1,434,205 | +€146,185 | +11.3% |
| Equity | 10/15 | €1,142,683 | €1,116,549 | -€26,134 | -2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,122,683 | €1,111,761 | -€10,922 | -1.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €412,740 | €359,718 | -€53,022 | -12.8% |
| Distributable reserves | 133 | €707,943 | €750,043 | +€42,100 | +5.9% |
| Profit (loss) carried forward | 14 | - | -€15,212 | -€15,212 | |
| Provisions and deferred taxes | 16 | €95,083 | €91,442 | -€3,641 | -3.8% |
| Deferred taxes | 168 | €95,083 | €91,442 | -€3,641 | -3.8% |
| Amounts payable | 17/49 | €50,254 | €226,213 | +€175,959 | +350% |
| Amounts payable after more than one year | 17 | - | €203,697 | +€203,697 | |
| Financial debts | 170/4 | - | €203,697 | +€203,697 | |
| Amounts payable within one year | 42/48 | €49,154 | €21,417 | -€27,738 | -56.4% |
| Current portion of amounts payable after more than one year | 42 | - | €11,590 | +€11,590 | |
| Trade debts | 44 | €4,355 | €1,130 | -€3,225 | -74.1% |
| Suppliers | 440/4 | €4,355 | €1,130 | -€3,225 | -74.1% |
| Taxes, remuneration and social security | 45 | €33,868 | - | -€33,868 | |
| Taxes | 450/3 | €33,868 | - | -€33,868 | |
| Other amounts payable | 47/48 | €10,931 | €8,697 | -€2,234 | -20.4% |
| Accrued charges and deferred income | 492/3 | €1,100 | €1,100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,788 | €19,720 | +€5,932 | +43.0% |
| Other operating charges | 640/8 | €2,025 | €2,415 | +€390 | +19.2% |
| Gross operating margin | 9900 | -€17,293 | -€9,271 | +€8,022 | +46.4% |
| Operating profit (loss) | 9901 | -€33,107 | -€31,406 | +€1,701 | +5.1% |
| Financial income | 75/76B | €29,774 | €7,064 | -€22,710 | -76.3% |
| Recurring financial income | 75 | €29,774 | €7,064 | -€22,710 | -76.3% |
| Financial charges | 65/66B | €1,999 | €5,185 | +€3,187 | +159% |
| Recurring financial charges | 65 | €1,999 | €5,185 | +€3,187 | +159% |
| Profit (loss) for the period before taxes | 9903 | -€5,332 | -€29,527 | -€24,196 | -454% |
| Transfer from deferred taxes | 780 | €2,037 | €3,641 | +€1,603 | +78.7% |
| Income taxes | 67/77 | -€8,126 | €247 | +€8,373 | |
| Profit (loss) for the period | 9904 | €4,831 | -€26,134 | -€30,965 | |
| Transfer from tax-exempt reserves | 789 | €48,212 | €53,022 | +€4,810 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,043 | €26,888 | -€26,155 | -49.3% |
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 18 October 2026 via checked.be.