Double Clear: 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.
Double Clear
Largest movements
- Stocks and contracts -€1.2m
down €1.2m (-34.9%), from €3.5m to €2.3m
- Cash -€43,054
down €43,054 (-41.9%), from €102,757 to €59,703
mainly Other debts (-€1.1m) and Net result for the year (-€107,276)
- Other debts -€1.1m
down €1.1m (-39.9%), from €2.9m to €1.7m
- Profit (loss) carried forward -€107,276
down €107,276 (-27.4%), from -€391,203 to -€498,479
- Gross operating margin +€285,115
up €285,115 (+73.0%), from -€390,715 to -€105,600
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 | €3,637,214 | €2,359,621 | -€1.3m | -35.1% |
| Current assets | 29/58 | €3,637,214 | €2,359,621 | -€1.3m | -35.1% |
| Stocks and contracts in progress | 3 | €3,525,000 | €2,295,000 | -€1.2m | -34.9% |
| Stocks | 30/36 | €3,525,000 | €2,295,000 | -€1.2m | -34.9% |
| Amounts receivable within one year | 40/41 | €9,457 | €4,918 | -€4,539 | -48.0% |
| Other amounts receivable | 41 | €9,457 | €4,918 | -€4,539 | -48.0% |
| Cash at bank and in hand | 54/58 | €102,757 | €59,703 | -€43,054 | -41.9% |
| Total equity and liabilities | 10/49 | €3,637,214 | €2,359,621 | -€1.3m | -35.1% |
| Equity | 10/15 | €719,256 | €611,981 | -€107,276 | -14.9% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €110,459 | €110,459 | = | 0.0% |
| Distributable reserves | 133 | €110,459 | €110,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€391,203 | -€498,479 | -€107,276 | -27.4% |
| Amounts payable | 17/49 | €2,917,958 | €1,747,640 | -€1.2m | -40.1% |
| Amounts payable within one year | 42/48 | €2,917,958 | €1,747,640 | -€1.2m | -40.1% |
| Trade debts | 44 | €47,958 | €22,440 | -€25,517 | -53.2% |
| Suppliers | 440/4 | €47,958 | €22,440 | -€25,517 | -53.2% |
| Other amounts payable | 47/48 | €2,870,000 | €1,725,200 | -€1.1m | -39.9% |
| Other operating charges | 640/8 | €449 | €1,060 | +€611 | +136.0% |
| Gross operating margin | 9900 | -€390,715 | -€105,600 | +€285,115 | +73.0% |
| Operating profit (loss) | 9901 | -€391,164 | -€106,661 | +€284,503 | +72.7% |
| Financial charges | 65/66B | €39 | €615 | +€576 | +1475.0% |
| Recurring financial charges | 65 | €39 | €615 | +€576 | +1475.0% |
| Profit (loss) for the period before taxes | 9903 | -€391,203 | -€107,276 | +€283,927 | +72.6% |
| Profit (loss) for the period | 9904 | -€391,203 | -€107,276 | +€283,927 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€391,203 | -€107,276 | +€283,927 | +72.6% |
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 10 October 2026 via checked.be.