C.LENA: 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.
C.LENA
Largest movements
- Cash +€73,329
up €73,329 (+699.8%), from €10,479 to €83,808
mainly Depreciation (+€76,936) and Net result for the year (+€74,701)
- Tangible fixed assets -€72,461
down €72,461 (-4.3%), from €1.7m to €1.6m
of which Land and buildings: -€66,732
- Receivables within one year -€18,000
down €18,000 (-77.4%), from €23,244 to €5,244
- Debts after one year -€101,408
down €101,408 (-8.5%), from €1.2m to €1.1m
- Profit (loss) carried forward +€74,701
up €74,701 (+150.2%), from €49,731 to €124,432
- Gross operating margin +€48,006
up €48,006 (+26.1%), from €183,629 to €231,635
- Other operating charges -€21,453
down €21,453 (-63.4%), from €33,841 to €12,388
- Taxes +€17,344
up €17,344 (+229.5%), from €7,556 to €24,900
- Depreciation +€8,347
up €8,347 (+12.2%), from €68,589 to €76,936
- Financial charges -€6,112
down €6,112 (-12.5%), from €48,822 to €42,710
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 | €1,726,262 | €1,709,165 | -€17,097 | -1.0% |
| Fixed assets | 21/28 | €1,688,682 | €1,616,221 | -€72,461 | -4.3% |
| Tangible fixed assets | 22/27 | €1,688,682 | €1,616,221 | -€72,461 | -4.3% |
| Land and buildings | 22 | €1,613,939 | €1,547,207 | -€66,732 | -4.1% |
| Plant, machinery and equipment | 23 | €35,391 | €35,426 | +€35 | +0.1% |
| Other tangible fixed assets | 26 | €39,352 | €33,588 | -€5,764 | -14.6% |
| Current assets | 29/58 | €37,580 | €92,944 | +€55,364 | +147.3% |
| Amounts receivable within one year | 40/41 | €23,244 | €5,244 | -€18,000 | -77.4% |
| Other amounts receivable | 41 | €23,244 | €5,244 | -€18,000 | -77.4% |
| Cash at bank and in hand | 54/58 | €10,479 | €83,808 | +€73,329 | +699.8% |
| Deferred charges and accrued income | 490/1 | €3,857 | €3,892 | +€35 | +0.9% |
| Total equity and liabilities | 10/49 | €1,726,262 | €1,709,165 | -€17,097 | -1.0% |
| Equity | 10/15 | €404,407 | €479,108 | +€74,701 | +18.5% |
| Contributions | 10/11 | €352,400 | €352,400 | = | 0.0% |
| Reserves | 13 | €2,276 | €2,276 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,276 | €2,276 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,276 | €2,276 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,731 | €124,432 | +€74,701 | +150.2% |
| Amounts payable | 17/49 | €1,321,855 | €1,230,057 | -€91,798 | -6.9% |
| Amounts payable after more than one year | 17 | €1,199,186 | €1,097,778 | -€101,408 | -8.5% |
| Financial debts | 170/4 | €1,199,186 | €1,097,778 | -€101,408 | -8.5% |
| Amounts payable within one year | 42/48 | €122,669 | €132,279 | +€9,610 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €101,592 | €98,701 | -€2,891 | -2.8% |
| Trade debts | 44 | €3,250 | €43 | -€3,207 | -98.7% |
| Suppliers | 440/4 | €3,250 | €43 | -€3,207 | -98.7% |
| Taxes, remuneration and social security | 45 | €14,077 | €29,785 | +€15,708 | +111.6% |
| Taxes | 450/3 | €14,077 | €29,785 | +€15,708 | +111.6% |
| Other amounts payable | 47/48 | €3,750 | €3,750 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €4,446 | - | -€4,446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,589 | €76,936 | +€8,347 | +12.2% |
| Other operating charges | 640/8 | €33,841 | €12,388 | -€21,453 | -63.4% |
| Gross operating margin | 9900 | €183,629 | €231,635 | +€48,006 | +26.1% |
| Operating profit (loss) | 9901 | €76,753 | €142,311 | +€65,558 | +85.4% |
| Financial income | 75/76B | €120 | - | -€120 | |
| Recurring financial income | 75 | €120 | - | -€120 | |
| Financial charges | 65/66B | €48,822 | €42,710 | -€6,112 | -12.5% |
| Recurring financial charges | 65 | €48,822 | €42,710 | -€6,112 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €28,051 | €99,601 | +€71,550 | +255.1% |
| Income taxes | 67/77 | €7,556 | €24,900 | +€17,344 | +229.5% |
| Profit (loss) for the period | 9904 | €20,495 | €74,701 | +€54,206 | +264.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,495 | €74,701 | +€54,206 | +264.5% |
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 9 October 2026 via checked.be.