CL-IMMO: what changed
Two fiscal 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-IMMO
Largest movements
- Receivables within one year +€3.5m
up €3.5m (+509.8%), from €687,149 to €4.2m
of which Other amounts receivable: +€3.5m
- Cash -€1.3m
down €1.3m (-95.7%), from €1.3m to €57,421
mainly Receivables within one year (-€3.5m) and Investment in fixed assets (net) (-€1.8m)
- Tangible fixed assets +€750,808
up €750,808 (+6.2%), from €12.1m to €12.9m
- Deferred charges and accrued income -€189,142
down €189,142 (-89.6%), from €211,178 to €22,037
- Profit (loss) carried forward +€2.6m
up €2.6m (+34.9%), from €7.5m to €10.2m
- Other debts +€200,225
new in 2025: €200,225
- Gross operating margin +€3.3m
up €3.3m (+214.1%), from €1.6m to €4.9m
- Taxes +€750,477
up €750,477 (+775.8%), from €96,742 to €847,219
- Write-downs +€83,687
new in 2025: €83,687
- Depreciation +€71,993
up €71,993 (+7.6%), from €953,203 to €1.0m
- Other operating charges +€69,195
up €69,195 (+24.4%), from €284,031 to €353,226
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 | €14,339,527 | €17,128,466 | +€2.8m | +19.4% |
| Fixed assets | 21/28 | €12,107,685 | €12,858,506 | +€750,820 | +6.2% |
| Tangible fixed assets | 22/27 | €12,104,633 | €12,855,441 | +€750,808 | +6.2% |
| Land and buildings | 22 | €12,104,633 | €12,855,441 | +€750,808 | +6.2% |
| Financial fixed assets | 28 | €3,052 | €3,065 | +€13 | +0.4% |
| Current assets | 29/58 | €2,231,842 | €4,269,961 | +€2.0m | +91.3% |
| Amounts receivable within one year | 40/41 | €687,149 | €4,190,503 | +€3.5m | +509.8% |
| Trade receivables | 40 | €17,003 | €12,669 | -€4,334 | -25.5% |
| Other amounts receivable | 41 | €670,145 | €4,177,834 | +€3.5m | +523.4% |
| Cash at bank and in hand | 54/58 | €1,333,515 | €57,421 | -€1.3m | -95.7% |
| Deferred charges and accrued income | 490/1 | €211,178 | €22,037 | -€189,142 | -89.6% |
| Total equity and liabilities | 10/49 | €14,339,527 | €17,128,466 | +€2.8m | +19.4% |
| Equity | 10/15 | €14,148,095 | €16,777,067 | +€2.6m | +18.6% |
| Contributions | 10/11 | €901,147 | €901,147 | = | 0.0% |
| Capital | 10 | €901,147 | €901,147 | = | 0.0% |
| Issued capital | 100 | €901,147 | €901,147 | = | 0.0% |
| Revaluation surpluses | 12 | €132 | €132 | = | 0.0% |
| Reserves | 13 | €5,716,256 | €5,716,256 | = | 0.0% |
| Non-distributable reserves | 130/1 | €93,159 | €93,159 | = | 0.0% |
| Legal reserve | 130 | €90,115 | €90,115 | = | 0.0% |
| Other | 1319 | €3,044 | €3,044 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,011,646 | €1,011,646 | = | 0.0% |
| Distributable reserves | 133 | €4,611,451 | €4,611,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,530,559 | €10,159,532 | +€2.6m | +34.9% |
| Amounts payable | 17/49 | €191,432 | €351,399 | +€159,967 | +83.6% |
| Amounts payable within one year | 42/48 | €181,596 | €341,588 | +€159,992 | +88.1% |
| Current portion of amounts payable after more than one year | 42 | €60,000 | - | -€60,000 | |
| Trade debts | 44 | €105,495 | €130,670 | +€25,175 | +23.9% |
| Suppliers | 440/4 | €105,495 | €130,670 | +€25,175 | +23.9% |
| Taxes, remuneration and social security | 45 | €16,101 | €10,693 | -€5,408 | -33.6% |
| Taxes | 450/3 | €16,101 | €10,693 | -€5,408 | -33.6% |
| Other amounts payable | 47/48 | - | €200,225 | +€200,225 | |
| Accrued charges and deferred income | 492/3 | €9,836 | €9,810 | -€26 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €953,203 | €1,025,196 | +€71,993 | +7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €83,687 | +€83,687 | |
| Other operating charges | 640/8 | €284,031 | €353,226 | +€69,195 | +24.4% |
| Gross operating margin | 9900 | €1,562,424 | €4,908,292 | +€3.3m | +214.1% |
| Operating profit (loss) | 9901 | €325,189 | €3,446,183 | +€3.1m | +959.7% |
| Financial income | 75/76B | €736 | €34,152 | +€33,416 | +4539.9% |
| Recurring financial income | 75 | €736 | €34,152 | +€33,416 | +4539.9% |
| Financial charges | 65/66B | €222 | €4,144 | +€3,922 | +1766.1% |
| Recurring financial charges | 65 | €222 | €659 | +€437 | +196.9% |
| Non-recurring financial charges | 66B | - | €3,485 | +€3,485 | |
| Profit (loss) for the period before taxes | 9903 | €325,703 | €3,476,191 | +€3.2m | +967.3% |
| Income taxes | 67/77 | €96,742 | €847,219 | +€750,477 | +775.8% |
| Profit (loss) for the period | 9904 | €228,961 | €2,628,972 | +€2.4m | +1048.2% |
| Transfer to tax-exempt reserves | 689 | €999,875 | - | -€999,875 | |
| Profit (loss) for the period to be appropriated | 9905 | -€770,914 | €2,628,972 | +€3.4m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.