CLAES IMMO GROUP: 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.
CLAES IMMO GROUP
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€16,535
up €16,535 (+4.0%), from €410,111 to €426,646
- Gross operating margin -€8,018
down €8,018 (-199.0%), from -€4,028 to -€12,046
- Financial charges -€658
down €658 (-46.7%), from €1,409 to €751
- Other operating charges +€511
up €511 (+78.7%), from €649 to €1,160
- Taxes -€215
down €215 (-0.2%), from €106,959 to €106,744
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,575,490 | €47,820,124 | +€244,634 | +0.5% |
| Fixed assets | 21/28 | €46,914,123 | €47,101,175 | +€187,053 | +0.4% |
| Financial fixed assets | 28 | €46,914,123 | €47,101,175 | +€187,053 | +0.4% |
| Current assets | 29/58 | €661,368 | €718,949 | +€57,581 | +8.7% |
| Amounts receivable within one year | 40/41 | €648,763 | €718,459 | +€69,697 | +10.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €648,763 | €718,459 | +€69,697 | +10.7% |
| Cash at bank and in hand | 54/58 | €12,605 | €490 | -€12,115 | -96.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €47,575,490 | €47,820,124 | +€244,634 | +0.5% |
| Equity | 10/15 | €47,411,690 | €47,717,635 | +€305,944 | +0.6% |
| Contributions | 10/11 | €81,855,227 | €81,855,227 | = | 0.0% |
| Capital | 10 | €81,855,227 | €81,855,227 | = | 0.0% |
| Issued capital | 100 | €81,855,227 | €81,855,227 | = | 0.0% |
| Reserves | 13 | €178,724 | €199,774 | +€21,050 | +11.8% |
| Tax-exempt reserves | 132 | €178,724 | €199,774 | +€21,050 | +11.8% |
| Profit (loss) carried forward | 14 | -€34,622,260 | -€34,337,366 | +€284,894 | +0.8% |
| Amounts payable | 17/49 | €163,800 | €102,490 | -€61,310 | -37.4% |
| Amounts payable within one year | 42/48 | €158,800 | €102,490 | -€56,310 | -35.5% |
| Trade debts | 44 | €197 | €3,589 | +€3,392 | +1724.2% |
| Suppliers | 440/4 | €197 | €3,589 | +€3,392 | +1724.2% |
| Taxes, remuneration and social security | 45 | €158,603 | €98,901 | -€59,702 | -37.6% |
| Taxes | 450/3 | €158,603 | €98,901 | -€59,702 | -37.6% |
| Accrued charges and deferred income | 492/3 | €5,000 | - | -€5,000 | |
| Other operating charges | 640/8 | €649 | €1,160 | +€511 | +78.7% |
| Gross operating margin | 9900 | -€4,028 | -€12,046 | -€8,018 | -199.0% |
| Operating profit (loss) | 9901 | -€4,678 | -€13,207 | -€8,529 | -182.3% |
| Financial income | 75/76B | €410,111 | €426,646 | +€16,535 | +4.0% |
| Recurring financial income | 75 | €410,111 | €426,646 | +€16,535 | +4.0% |
| Financial charges | 65/66B | €1,409 | €751 | -€658 | -46.7% |
| Recurring financial charges | 65 | €1,409 | €751 | -€658 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €404,024 | €412,688 | +€8,664 | +2.1% |
| Income taxes | 67/77 | €106,959 | €106,744 | -€215 | -0.2% |
| Profit (loss) for the period | 9904 | €297,065 | €305,944 | +€8,879 | +3.0% |
| Transfer to tax-exempt reserves | 689 | - | €21,050 | +€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €297,065 | €284,894 | -€12,171 | -4.1% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.