VAN CLEEMPUT THOMAS: 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.
VAN CLEEMPUT THOMAS
Largest movements
- Deferred charges and accrued income -€5,001
down €5,001 (-100.0%), from €5,001 to €0
- Receivables within one year +€2,936
up €2,936 (+2.7%), from €109,320 to €112,257
of which Trade receivables: +€2,691
- Cash +€2,769
up €2,769 (+223.8%), from €1,237 to €4,006
mainly Short-term financial debts (+€10,094) and Deferred charges and accrued income (+€5,001)
- Tangible fixed assets -€2,042
down €2,042 (-27.2%), from €7,506 to €5,464
- Profit (loss) carried forward -€10,187
down €10,187 (-33.7%), from -€30,258 to -€40,445
- Short-term financial debts +€10,094
new in 2025: €10,094
- Gross operating margin +€49,868
up €49,868 (+86.0%), from -€57,959 to -€8,092
- Other operating charges -€7,368
down €7,368 (-93.2%), from €7,907 to €539
- Taxes +€2,997
up €2,997, from €0 to €2,997
- Financial charges -€628
down €628 (-36.3%), from €1,733 to €1,105
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 | €123,065 | €121,727 | -€1,338 | -1.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €7,506 | €5,464 | -€2,042 | -27.2% |
| Tangible fixed assets | 22/27 | €7,506 | €5,464 | -€2,042 | -27.2% |
| Land and buildings | 22 | €1,941 | €1,485 | -€456 | -23.5% |
| Plant, machinery and equipment | 23 | €1,024 | €870 | -€155 | -15.1% |
| Furniture and vehicles | 24 | €2,076 | €1,065 | -€1,012 | -48.7% |
| Other tangible fixed assets | 26 | €2,464 | €2,045 | -€420 | -17.0% |
| Current assets | 29/58 | €115,559 | €116,263 | +€704 | +0.6% |
| Amounts receivable within one year | 40/41 | €109,320 | €112,257 | +€2,936 | +2.7% |
| Trade receivables | 40 | €23,303 | €25,994 | +€2,691 | +11.5% |
| Other amounts receivable | 41 | €86,017 | €86,263 | +€246 | +0.3% |
| Cash at bank and in hand | 54/58 | €1,237 | €4,006 | +€2,769 | +223.8% |
| Deferred charges and accrued income | 490/1 | €5,001 | €0 | -€5,001 | -100.0% |
| Total equity and liabilities | 10/49 | €123,065 | €121,727 | -€1,338 | -1.1% |
| Equity | 10/15 | €121,427 | €111,240 | -€10,187 | -8.4% |
| Contributions | 10/11 | €9,114 | €9,114 | = | 0.0% |
| Reserves | 13 | €142,572 | €142,572 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €140,712 | €140,712 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,258 | -€40,445 | -€10,187 | -33.7% |
| Amounts payable | 17/49 | €1,637 | €10,487 | +€8,849 | +540.5% |
| Amounts payable within one year | 42/48 | €1,637 | €10,487 | +€8,849 | +540.5% |
| Current portion of amounts payable after more than one year | 42 | €783 | €0 | -€783 | -100.0% |
| Financial debts | 43 | - | €10,094 | +€10,094 | |
| Credit institutions | 430/8 | - | €10,094 | +€10,094 | |
| Trade debts | 44 | - | €193 | +€193 | |
| Suppliers | 440/4 | - | €193 | +€193 | |
| Advances received on contracts in progress | 46 | €854 | €0 | -€854 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €200 | +€200 | |
| Taxes | 450/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,260 | €2,042 | -€218 | -9.7% |
| Other operating charges | 640/8 | €7,907 | €539 | -€7,368 | -93.2% |
| Gross operating margin | 9900 | -€57,959 | -€8,092 | +€49,868 | +86.0% |
| Operating profit (loss) | 9901 | -€68,127 | -€10,673 | +€57,454 | +84.3% |
| Financial income | 75/76B | €4,952 | €4,587 | -€364 | -7.4% |
| Recurring financial income | 75 | €4,952 | €4,587 | -€364 | -7.4% |
| Financial charges | 65/66B | €1,733 | €1,105 | -€628 | -36.3% |
| Recurring financial charges | 65 | €1,733 | €1,105 | -€628 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€64,909 | -€7,190 | +€57,718 | +88.9% |
| Income taxes | 67/77 | €0 | €2,997 | +€2,997 | |
| Profit (loss) for the period | 9904 | -€64,909 | -€10,187 | +€54,721 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,909 | -€10,187 | +€54,721 | +84.3% |
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 12 October 2026 via checked.be.