DE CLIPPELEIR: 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 CLIPPELEIR
Largest movements
- Receivables within one year -€204,151
down €204,151 (-29.3%), from €697,752 to €493,601
of which Trade receivables: -€211,406
- Cash +€99,880
up €99,880 (+18.6%), from €536,738 to €636,618
mainly Receivables within one year (+€204,151) and Net result for the year (+€130,549)
- Stocks and contracts -€35,000
down €35,000 (-7.3%), from €482,587 to €447,587
- Tangible fixed assets -€26,432
down €26,432 (-6.0%), from €438,868 to €412,436
of which Plant, machinery and equipment: -€14,756
- Trade debts -€94,953
down €94,953 (-18.3%), from €519,931 to €424,978
- Debts after one year -€65,944
down €65,944 (-12.2%), from €542,624 to €476,680
- Depreciation -€18,678
down €18,678 (-39.1%), from €47,787 to €29,109
- Gross operating margin -€13,523
down €13,523 (-2.5%), from €531,381 to €517,858
- Other operating charges +€6,298
up €6,298 (+36.2%), from €17,379 to €23,677
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 | €2,157,445 | €1,991,992 | -€165,453 | -7.7% |
| Fixed assets | 21/28 | €440,368 | €414,186 | -€26,182 | -5.9% |
| Tangible fixed assets | 22/27 | €438,868 | €412,436 | -€26,432 | -6.0% |
| Land and buildings | 22 | €350,643 | €347,172 | -€3,471 | -1.0% |
| Plant, machinery and equipment | 23 | €69,505 | €54,748 | -€14,756 | -21.2% |
| Furniture and vehicles | 24 | €18,720 | €10,516 | -€8,205 | -43.8% |
| Financial fixed assets | 28 | €1,500 | €1,750 | +€250 | +16.7% |
| Current assets | 29/58 | €1,717,077 | €1,577,806 | -€139,271 | -8.1% |
| Stocks and contracts in progress | 3 | €482,587 | €447,587 | -€35,000 | -7.3% |
| Stocks | 30/36 | €482,587 | €447,587 | -€35,000 | -7.3% |
| Amounts receivable within one year | 40/41 | €697,752 | €493,601 | -€204,151 | -29.3% |
| Trade receivables | 40 | €484,257 | €272,852 | -€211,406 | -43.7% |
| Other amounts receivable | 41 | €213,495 | €220,749 | +€7,254 | +3.4% |
| Cash at bank and in hand | 54/58 | €536,738 | €636,618 | +€99,880 | +18.6% |
| Total equity and liabilities | 10/49 | €2,157,445 | €1,991,992 | -€165,453 | -7.7% |
| Equity | 10/15 | €844,512 | €850,061 | +€5,549 | +0.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €824,512 | €830,061 | +€5,549 | +0.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €822,512 | €828,061 | +€5,549 | +0.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,312,933 | €1,141,930 | -€171,002 | -13.0% |
| Amounts payable after more than one year | 17 | €542,624 | €476,680 | -€65,944 | -12.2% |
| Financial debts | 170/4 | €542,624 | €476,680 | -€65,944 | -12.2% |
| Amounts payable within one year | 42/48 | €770,309 | €665,251 | -€105,058 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €66,492 | €65,944 | -€548 | -0.8% |
| Trade debts | 44 | €519,931 | €424,978 | -€94,953 | -18.3% |
| Suppliers | 440/4 | €519,931 | €424,978 | -€94,953 | -18.3% |
| Taxes, remuneration and social security | 45 | €58,886 | €38,491 | -€20,394 | -34.6% |
| Taxes | 450/3 | €34,994 | €14,558 | -€20,435 | -58.4% |
| Remuneration and social security | 454/9 | €23,892 | €23,933 | +€41 | +0.2% |
| Other amounts payable | 47/48 | €125,000 | €135,837 | +€10,837 | +8.7% |
| Remuneration, social security and pensions | 62 | €313,193 | €312,475 | -€718 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,787 | €29,109 | -€18,678 | -39.1% |
| Other operating charges | 640/8 | €17,379 | €23,677 | +€6,298 | +36.2% |
| Gross operating margin | 9900 | €531,381 | €517,858 | -€13,523 | -2.5% |
| Operating profit (loss) | 9901 | €153,021 | €152,597 | -€425 | -0.3% |
| Financial income | 75/76B | €6,414 | €8,032 | +€1,618 | +25.2% |
| Recurring financial income | 75 | €6,414 | €8,032 | +€1,618 | +25.2% |
| Financial charges | 65/66B | €20,827 | €23,606 | +€2,780 | +13.3% |
| Recurring financial charges | 65 | €20,827 | €23,606 | +€2,780 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €138,609 | €137,023 | -€1,586 | -1.1% |
| Income taxes | 67/77 | €4,378 | €6,473 | +€2,096 | +47.9% |
| Profit (loss) for the period | 9904 | €134,231 | €130,549 | -€3,682 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €134,231 | €130,549 | -€3,682 | -2.7% |
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 19 October 2026 via checked.be.