CL REAL ESTATE: what changed
What changed
CL REAL ESTATE
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€150,379
2024 · -€13,660-€136,719
Equity
€120,534
2024 · €270,913-€150,379
Cash
€2,091
2024 · €181+€1,909
Balance sheet total
€1.2m
2024 · €1.5m-€372,013
Largest movements
Assets
- Stocks and contracts -€285,322
down €285,322 (-23.5%), from €1.2m to €930,961
- Receivables within one year -€88,408
down €88,408 (-27.9%), from €316,871 to €228,462
Equity and liabilities
- Current portion of long-term debt -€192,825
down €192,825 (-21.1%), from €912,757 to €719,933
- Profit (loss) carried forward -€150,379
down €150,379 (-59.6%), from €252,313 to €101,934
- Other debts -€37,819
down €37,819 (-43.8%), from €86,320 to €48,501
- Trade debts +€21,722
up €21,722 (+38.4%), from €56,548 to €78,270
Income statement
- Gross operating margin -€263,223
down €263,223, from €175,525 to -€87,698
- Financial charges -€126,136
down €126,136 (-67.8%), from €185,935 to €59,799
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€13,660
Gross operating margin
-€263,223
Depreciation
+€115
Other operating charges
-€381
Financial charges
+€126,136
Taxes
+€635
Result 2025
-€150,379
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€204,667
Investment
€0
Financing
-€202,757
Cash 2024
€181
From operations (derived)
+€204,667
Net result for the year
-€150,379
Depreciation
+€288
Stocks and contracts
+€285,322
Receivables within one year
+€88,408
Smaller working-capital items
-€583
Trade debts
+€21,722
Other debts
-€37,819
Accrued charges and deferred income
-€2,293
Financing
-€202,757
Debts after one year
-€9,933
Current portion of long-term debt
-€192,825
Cash 2025
€2,091
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,534,031 | €1,162,018 | -€372,013 | -24.3% |
| Fixed assets | 21/28 | €288 | €0 | -€288 | -100% |
| Tangible fixed assets | 22/27 | €288 | €0 | -€288 | -100% |
| Furniture and vehicles | 24 | €288 | €0 | -€288 | -100% |
| Current assets | 29/58 | €1,533,743 | €1,162,018 | -€371,725 | -24.2% |
| Stocks and contracts in progress | 3 | €1,216,282 | €930,961 | -€285,322 | -23.5% |
| Stocks | 30/36 | €1,216,282 | €930,961 | -€285,322 | -23.5% |
| Amounts receivable within one year | 40/41 | €316,871 | €228,462 | -€88,408 | -27.9% |
| Other amounts receivable | 41 | €316,871 | €228,462 | -€88,408 | -27.9% |
| Cash at bank and in hand | 54/58 | €181 | €2,091 | +€1,909 | +1,053% |
| Deferred charges and accrued income | 490/1 | €408 | €504 | +€96 | +23.4% |
| Total equity and liabilities | 10/49 | €1,534,031 | €1,162,018 | -€372,013 | -24.3% |
| Equity | 10/15 | €270,913 | €120,534 | -€150,379 | -55.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,313 | €101,934 | -€150,379 | -59.6% |
| Amounts payable | 17/49 | €1,263,118 | €1,041,483 | -€221,634 | -17.5% |
| Amounts payable after more than one year | 17 | €49,687 | €39,755 | -€9,933 | -20.0% |
| Financial debts | 170/4 | €49,687 | €39,755 | -€9,933 | -20.0% |
| Amounts payable within one year | 42/48 | €1,207,316 | €997,907 | -€209,409 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €912,757 | €719,933 | -€192,825 | -21.1% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €56,548 | €78,270 | +€21,722 | +38.4% |
| Suppliers | 440/4 | €56,548 | €78,270 | +€21,722 | +38.4% |
| Taxes, remuneration and social security | 45 | €1,690 | €1,203 | -€487 | -28.8% |
| Taxes | 450/3 | €1,690 | €1,203 | -€487 | -28.8% |
| Other amounts payable | 47/48 | €86,320 | €48,501 | -€37,819 | -43.8% |
| Accrued charges and deferred income | 492/3 | €6,114 | €3,821 | -€2,293 | -37.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €403 | €288 | -€115 | -28.5% |
| Other operating charges | 640/8 | €1,927 | €2,309 | +€381 | +19.8% |
| Gross operating margin | 9900 | €175,525 | -€87,698 | -€263,223 | |
| Operating profit (loss) | 9901 | €173,194 | -€90,295 | -€263,490 | |
| Financial charges | 65/66B | €185,935 | €59,799 | -€126,136 | -67.8% |
| Recurring financial charges | 65 | €185,935 | €59,799 | -€126,136 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,741 | -€150,095 | -€137,354 | -1,078% |
| Income taxes | 67/77 | €919 | €284 | -€635 | -69.1% |
| Profit (loss) for the period | 9904 | -€13,660 | -€150,379 | -€136,719 | -1,001% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,660 | -€150,379 | -€136,719 | -1,001% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.