DE CLIP: 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.
DE CLIP
Largest movements
- Current investments -€465,279
down €465,279 (-32.0%), from €1.5m to €989,166
- Cash +€454,876
up €454,876 (+88.7%), from €512,708 to €967,583
mainly Net result for the year (+€818,273) and Current investments (+€465,279)
- Receivables within one year -€84,209
down €84,209 (-88.9%), from €94,738 to €10,529
of which Other amounts receivable: -€83,945
- Other debts -€244,994
down €244,994 (-25.6%), from €958,779 to €713,786
- Reserves +€198,001
up €198,001 (+18.8%), from €1.1m to €1.2m
- Tax, wage and social debts -€62,275
down €62,275 (-76.0%), from €81,944 to €19,669
of which Taxes: -€62,275
- Gross operating margin -€496,770
down €496,770 (-33.9%), from €1.5m to €969,556
- Taxes -€84,636
down €84,636 (-42.3%), from €200,223 to €115,587
- Financial income -€69,138
down €69,138 (-88.2%), from €78,381 to €9,243
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,111,859 | €2,001,951 | -€109,907 | -5.2% |
| Fixed assets | 21/28 | €43,919 | €28,634 | -€15,286 | -34.8% |
| Tangible fixed assets | 22/27 | €43,919 | €28,634 | -€15,286 | -34.8% |
| Plant, machinery and equipment | 23 | €634 | €150 | -€484 | -76.3% |
| Furniture and vehicles | 24 | €43,285 | €28,484 | -€14,801 | -34.2% |
| Current assets | 29/58 | €2,067,939 | €1,973,318 | -€94,622 | -4.6% |
| Stocks and contracts in progress | 3 | €3,779 | €3,697 | -€82 | -2.2% |
| Stocks | 30/36 | €3,779 | €3,697 | -€82 | -2.2% |
| Amounts receivable within one year | 40/41 | €94,738 | €10,529 | -€84,209 | -88.9% |
| Trade receivables | 40 | €283 | €19 | -€264 | -93.3% |
| Other amounts receivable | 41 | €94,455 | €10,510 | -€83,945 | -88.9% |
| Current investments | 50/53 | €1,454,445 | €989,166 | -€465,279 | -32.0% |
| Cash at bank and in hand | 54/58 | €512,708 | €967,583 | +€454,876 | +88.7% |
| Deferred charges and accrued income | 490/1 | €2,270 | €2,342 | +€72 | +3.2% |
| Total equity and liabilities | 10/49 | €2,111,859 | €2,001,951 | -€109,907 | -5.2% |
| Equity | 10/15 | €1,069,312 | €1,267,312 | +€198,001 | +18.5% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,050,562 | €1,248,562 | +€198,001 | +18.8% |
| Distributable reserves | 133 | €1,050,562 | €1,248,562 | +€198,001 | +18.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,042,547 | €734,639 | -€307,908 | -29.5% |
| Amounts payable within one year | 42/48 | €1,042,547 | €734,639 | -€307,908 | -29.5% |
| Trade debts | 44 | €1,823 | €1,184 | -€640 | -35.1% |
| Suppliers | 440/4 | €1,823 | €1,184 | -€640 | -35.1% |
| Taxes, remuneration and social security | 45 | €81,944 | €19,669 | -€62,275 | -76.0% |
| Taxes | 450/3 | €81,944 | €19,669 | -€62,275 | -76.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €958,779 | €713,786 | -€244,994 | -25.6% |
| Remuneration, social security and pensions | 62 | €9,876 | -€44 | -€9,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,286 | €15,286 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,784 | €2,082 | +€298 | +16.7% |
| Non-recurring operating charges | 66A | - | €27,153 | +€27,153 | |
| Gross operating margin | 9900 | €1,466,326 | €969,556 | -€496,770 | -33.9% |
| Operating profit (loss) | 9901 | €1,439,380 | €925,079 | -€514,301 | -35.7% |
| Financial income | 75/76B | €78,381 | €9,243 | -€69,138 | -88.2% |
| Recurring financial income | 75 | €78,381 | €9,243 | -€69,138 | -88.2% |
| Financial charges | 65/66B | €1,360 | €463 | -€898 | -66.0% |
| Recurring financial charges | 65 | €1,360 | €463 | -€898 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | €1,516,401 | €933,860 | -€582,541 | -38.4% |
| Income taxes | 67/77 | €200,223 | €115,587 | -€84,636 | -42.3% |
| Profit (loss) for the period | 9904 | €1,316,178 | €818,273 | -€497,905 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,316,178 | €818,273 | -€497,905 | -37.8% |
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 11 October 2026 via checked.be.