First Clean: 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.
First Clean
Largest movements
- Tangible fixed assets -€83,213
down €83,213 (-27.3%), from €305,234 to €222,020
of which Furniture and vehicles: -€101,841
- Receivables within one year +€73,963
up €73,963 (+28.3%), from €261,706 to €335,669
of which Other amounts receivable: +€68,762
- Cash -€27,944
down €27,944 (-56.0%), from €49,881 to €21,937
mainly Contributions, distributions and other (-€125,000) and Receivables within one year (-€73,963)
- Reserves -€74,150
down €74,150 (-98.2%), from €75,482 to €1,332
- Trade debts -€37,826
down €37,826 (-56.0%), from €67,554 to €29,728
- Tax, wage and social debts +€22,526
up €22,526 (+21.0%), from €107,030 to €129,556
of which Remuneration and social security: +€15,103
- Short-term financial debts +€16,836
new in 2025: €16,836
- Current portion of long-term debt +€14,186
up €14,186 (+27.1%), from €52,342 to €66,528
- Gross operating margin -€144,994
down €144,994 (-13.1%), from €1.1m to €960,051
- Staff costs +€70,860
up €70,860 (+10.0%), from €708,591 to €779,450
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 | €636,595 | €590,643 | -€45,952 | -7.2% |
| Fixed assets | 21/28 | €310,133 | €222,020 | -€88,112 | -28.4% |
| Tangible fixed assets | 22/27 | €305,234 | €222,020 | -€83,213 | -27.3% |
| Plant, machinery and equipment | 23 | €72,092 | €90,720 | +€18,628 | +25.8% |
| Furniture and vehicles | 24 | €233,141 | €131,300 | -€101,841 | -43.7% |
| Financial fixed assets | 28 | €4,899 | - | -€4,899 | |
| Current assets | 29/58 | €326,462 | €368,623 | +€42,160 | +12.9% |
| Amounts receivable within one year | 40/41 | €261,706 | €335,669 | +€73,963 | +28.3% |
| Trade receivables | 40 | €150,482 | €155,683 | +€5,201 | +3.5% |
| Other amounts receivable | 41 | €111,224 | €179,986 | +€68,762 | +61.8% |
| Cash at bank and in hand | 54/58 | €49,881 | €21,937 | -€27,944 | -56.0% |
| Deferred charges and accrued income | 490/1 | €14,875 | €11,016 | -€3,859 | -25.9% |
| Total equity and liabilities | 10/49 | €636,595 | €590,643 | -€45,952 | -7.2% |
| Equity | 10/15 | €87,882 | €13,732 | -€74,150 | -84.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €75,482 | €1,332 | -€74,150 | -98.2% |
| Distributable reserves | 133 | €75,482 | €1,332 | -€74,150 | -98.2% |
| Amounts payable | 17/49 | €548,713 | €576,911 | +€28,198 | +5.1% |
| Amounts payable after more than one year | 17 | €172,793 | €175,016 | +€2,223 | +1.3% |
| Financial debts | 170/4 | €172,793 | €175,016 | +€2,223 | +1.3% |
| Amounts payable within one year | 42/48 | €375,920 | €401,895 | +€25,974 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €52,342 | €66,528 | +€14,186 | +27.1% |
| Financial debts | 43 | - | €16,836 | +€16,836 | |
| Credit institutions | 430/8 | - | €16,836 | +€16,836 | |
| Trade debts | 44 | €67,554 | €29,728 | -€37,826 | -56.0% |
| Suppliers | 440/4 | €67,554 | €29,728 | -€37,826 | -56.0% |
| Taxes, remuneration and social security | 45 | €107,030 | €129,556 | +€22,526 | +21.0% |
| Taxes | 450/3 | €32,954 | €40,377 | +€7,423 | +22.5% |
| Remuneration and social security | 454/9 | €74,076 | €89,179 | +€15,103 | +20.4% |
| Other amounts payable | 47/48 | €148,994 | €159,246 | +€10,251 | +6.9% |
| Remuneration, social security and pensions | 62 | €708,591 | €779,450 | +€70,860 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,154 | €61,166 | +€5,012 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €330 | - | -€330 | |
| Other operating charges | 640/8 | €3,314 | €7,770 | +€4,456 | +134.5% |
| Non-recurring operating charges | 66A | €10,255 | €34,045 | +€23,789 | +232.0% |
| Gross operating margin | 9900 | €1,105,045 | €960,051 | -€144,994 | -13.1% |
| Operating profit (loss) | 9901 | €326,401 | €77,620 | -€248,782 | -76.2% |
| Financial income | 75/76B | €5,833 | €7,859 | +€2,026 | +34.7% |
| Recurring financial income | 75 | €5,833 | €7,859 | +€2,026 | +34.7% |
| Financial charges | 65/66B | €15,086 | €19,137 | +€4,052 | +26.9% |
| Recurring financial charges | 65 | €15,086 | €19,137 | +€4,052 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €317,148 | €66,341 | -€250,807 | -79.1% |
| Income taxes | 67/77 | €13,331 | €15,491 | +€2,160 | +16.2% |
| Profit (loss) for the period | 9904 | €303,818 | €50,850 | -€252,967 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €303,818 | €50,850 | -€252,967 | -83.3% |
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 11 October 2026 via checked.be.