Klifhangers: 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.
Klifhangers
Largest movements
- Receivables within one year -€5,260
down €5,260 (-80.3%), from €6,550 to €1,290
of which Other amounts receivable: -€5,642
- Tangible fixed assets -€4,859
down €4,859 (-14.4%), from €33,787 to €28,929
of which Furniture and vehicles: -€6,263
- Intangible fixed assets -€840
down €840 (-24.7%), from €3,399 to €2,559
- Profit (loss) carried forward -€16,729
down €16,729 (-54.0%), from -€30,955 to -€47,685
- Other debts +€8,282
up €8,282 (+13.5%), from €61,434 to €69,716
- Trade debts -€1,567
down €1,567 (-60.9%), from €2,575 to €1,008
- Advances received -€1,025
down €1,025 (-68.9%), from €1,487 to €462
- Depreciation +€3,993
up €3,993 (+81.1%), from €4,922 to €8,915
- Gross operating margin +€1,162
up €1,162 (+15.9%), from -€7,306 to -€6,144
- Other operating charges -€416
down €416 (-23.4%), from €1,783 to €1,366
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 | €43,970 | €33,036 | -€10,934 | -24.9% |
| Fixed assets | 21/28 | €37,186 | €31,488 | -€5,699 | -15.3% |
| Intangible fixed assets | 21 | €3,399 | €2,559 | -€840 | -24.7% |
| Tangible fixed assets | 22/27 | €33,787 | €28,929 | -€4,859 | -14.4% |
| Plant, machinery and equipment | 23 | €5,769 | €7,173 | +€1,404 | +24.3% |
| Furniture and vehicles | 24 | €28,018 | €21,756 | -€6,263 | -22.4% |
| Current assets | 29/58 | €6,784 | €1,549 | -€5,235 | -77.2% |
| Amounts receivable within one year | 40/41 | €6,550 | €1,290 | -€5,260 | -80.3% |
| Trade receivables | 40 | - | €382 | +€382 | |
| Other amounts receivable | 41 | €6,550 | €908 | -€5,642 | -86.1% |
| Cash at bank and in hand | 54/58 | €30 | €39 | +€9 | +28.7% |
| Deferred charges and accrued income | 490/1 | €204 | €220 | +€16 | +8.1% |
| Total equity and liabilities | 10/49 | €43,970 | €33,036 | -€10,934 | -24.9% |
| Equity | 10/15 | -€21,655 | -€38,385 | -€16,729 | -77.3% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,955 | -€47,685 | -€16,729 | -54.0% |
| Amounts payable | 17/49 | €65,626 | €71,421 | +€5,796 | +8.8% |
| Amounts payable within one year | 42/48 | €65,626 | €71,421 | +€5,796 | +8.8% |
| Financial debts | 43 | - | €24 | +€24 | |
| Credit institutions | 430/8 | - | €24 | +€24 | |
| Trade debts | 44 | €2,575 | €1,008 | -€1,567 | -60.9% |
| Suppliers | 440/4 | €2,575 | €1,008 | -€1,567 | -60.9% |
| Advances received on contracts in progress | 46 | €1,487 | €462 | -€1,025 | -68.9% |
| Taxes, remuneration and social security | 45 | €130 | €212 | +€82 | +63.1% |
| Taxes | 450/3 | €130 | €212 | +€82 | +63.1% |
| Other amounts payable | 47/48 | €61,434 | €69,716 | +€8,282 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,922 | €8,915 | +€3,993 | +81.1% |
| Other operating charges | 640/8 | €1,783 | €1,366 | -€416 | -23.4% |
| Gross operating margin | 9900 | -€7,306 | -€6,144 | +€1,162 | +15.9% |
| Operating profit (loss) | 9901 | -€14,010 | -€16,425 | -€2,415 | -17.2% |
| Financial income | 75/76B | €18 | €1 | -€17 | -94.7% |
| Recurring financial income | 75 | €18 | €1 | -€17 | -94.7% |
| Financial charges | 65/66B | €97 | €111 | +€14 | +14.3% |
| Recurring financial charges | 65 | €97 | €111 | +€14 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,090 | -€16,535 | -€2,445 | -17.4% |
| Income taxes | 67/77 | €130 | €194 | +€64 | +49.7% |
| Profit (loss) for the period | 9904 | -€14,220 | -€16,729 | -€2,510 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,220 | -€16,729 | -€2,510 | -17.6% |
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 28 October 2026 via checked.be.