CL ELECTRIC: 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.
CL ELECTRIC
Largest movements
- Cash -€49,434
down €49,434 (-76.1%), from €64,931 to €15,497
mainly Tax, wage and social debts (-€27,429) and Current portion of long-term debt (-€24,526)
- Tax, wage and social debts -€27,429
down €27,429 (-97.7%), from €28,063 to €635
- Current portion of long-term debt -€24,526
down €24,526 (-91.1%), from €26,927 to €2,401
- Reserves +€8,600
up €8,600 (+6.9%), from €124,463 to €133,063
of which Distributable reserves: +€8,600
- Gross operating margin -€30,820
down €30,820 (-56.8%), from €54,272 to €23,451
- Taxes -€7,823
down €7,823 (-64.9%), from €12,050 to €4,227
- Other operating charges -€1,951
down €1,951 (-41.3%), from €4,728 to €2,777
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 | €298,844 | €251,022 | -€47,823 | -16.0% |
| Fixed assets | 21/28 | €95,836 | €94,784 | -€1,051 | -1.1% |
| Tangible fixed assets | 22/27 | €95,836 | €94,784 | -€1,051 | -1.1% |
| Plant, machinery and equipment | 23 | €1,191 | €2,383 | +€1,192 | +100% |
| Furniture and vehicles | 24 | €17,469 | €11,951 | -€5,518 | -31.6% |
| Assets under construction and advance payments | 27 | €77,176 | €80,451 | +€3,275 | +4.2% |
| Current assets | 29/58 | €203,009 | €156,237 | -€46,772 | -23.0% |
| Amounts receivable after more than one year | 29 | €7,500 | €7,500 | = | 0.0% |
| Other amounts receivable | 291 | €7,500 | €7,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €112,275 | €114,268 | +€1,994 | +1.8% |
| Trade receivables | 40 | €99,799 | €91,740 | -€8,059 | -8.1% |
| Other amounts receivable | 41 | €12,476 | €22,528 | +€10,053 | +80.6% |
| Cash at bank and in hand | 54/58 | €64,931 | €15,497 | -€49,434 | -76.1% |
| Deferred charges and accrued income | 490/1 | €3,303 | €3,972 | +€669 | +20.3% |
| Total equity and liabilities | 10/49 | €298,844 | €251,022 | -€47,823 | -16.0% |
| Equity | 10/15 | €204,578 | €213,271 | +€8,693 | +4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €124,463 | €133,063 | +€8,600 | +6.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €124,463 | €133,063 | +€8,600 | +6.9% |
| Profit (loss) carried forward | 14 | €73,914 | €74,008 | +€93 | +0.1% |
| Amounts payable | 17/49 | €94,267 | €37,751 | -€56,516 | -60.0% |
| Amounts payable after more than one year | 17 | €2,401 | €0 | -€2,401 | -100% |
| Financial debts | 170/4 | €2,401 | €0 | -€2,401 | -100% |
| Amounts payable within one year | 42/48 | €91,866 | €37,751 | -€54,115 | -58.9% |
| Current portion of amounts payable after more than one year | 42 | €26,927 | €2,401 | -€24,526 | -91.1% |
| Trade debts | 44 | €36,876 | €34,715 | -€2,161 | -5.9% |
| Suppliers | 440/4 | €36,876 | €34,715 | -€2,161 | -5.9% |
| Taxes, remuneration and social security | 45 | €28,063 | €635 | -€27,429 | -97.7% |
| Taxes | 450/3 | €28,063 | €635 | -€27,429 | -97.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,788 | €7,011 | +€223 | +3.3% |
| Other operating charges | 640/8 | €4,728 | €2,777 | -€1,951 | -41.3% |
| Gross operating margin | 9900 | €54,272 | €23,451 | -€30,820 | -56.8% |
| Operating profit (loss) | 9901 | €42,756 | €13,664 | -€29,092 | -68.0% |
| Financial income | 75/76B | €268 | €629 | +€361 | +135% |
| Recurring financial income | 75 | €268 | €629 | +€361 | +135% |
| Financial charges | 65/66B | €1,513 | €1,373 | -€140 | -9.2% |
| Recurring financial charges | 65 | €1,513 | €1,373 | -€140 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €41,511 | €12,920 | -€28,591 | -68.9% |
| Income taxes | 67/77 | €12,050 | €4,227 | -€7,823 | -64.9% |
| Profit (loss) for the period | 9904 | €29,461 | €8,693 | -€20,768 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,461 | €8,693 | -€20,768 | -70.5% |
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 23 October 2026 via checked.be.