CLEBELC: 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.
CLEBELC
Largest movements
- Receivables within one year +€25,623
up €25,623 (+142.3%), from €18,011 to €43,634
- Tangible fixed assets -€8,032
down €8,032 (-22.7%), from €35,342 to €27,310
- Cash +€7,083
up €7,083 (+1588.1%), from €446 to €7,529
mainly Net result for the year (+€29,217) and Depreciation (+€8,032)
- Deferred charges and accrued income -€2,480
down €2,480 (-12.5%), from €19,838 to €17,358
- Profit (loss) carried forward +€29,217
up €29,217, from -€2,672 to €26,545
- Debts after one year -€7,250
down €7,250 (-23.9%), from €30,291 to €23,041
- Short-term financial debts +€4,953
new in 2025: €4,953
- Trade debts -€2,866
down €2,866 (-95.5%), from €3,000 to €134
- Current portion of long-term debt -€2,342
no longer reported in 2025 (was €2,342)
- Gross operating margin +€62,159
up €62,159, from -€11,428 to €50,731
- Taxes +€12,342
new in 2025: €12,342
- Depreciation +€4,434
up €4,434 (+123.2%), from €3,598 to €8,032
- Financial income -€737
no longer reported in 2025 (was €737)
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 | €73,637 | €95,831 | +€22,194 | +30.1% |
| Fixed assets | 21/28 | €35,342 | €27,310 | -€8,032 | -22.7% |
| Tangible fixed assets | 22/27 | €35,342 | €27,310 | -€8,032 | -22.7% |
| Furniture and vehicles | 24 | €35,342 | €27,310 | -€8,032 | -22.7% |
| Current assets | 29/58 | €38,295 | €68,521 | +€30,226 | +78.9% |
| Amounts receivable within one year | 40/41 | €18,011 | €43,634 | +€25,623 | +142.3% |
| Other amounts receivable | 41 | €18,011 | €43,634 | +€25,623 | +142.3% |
| Cash at bank and in hand | 54/58 | €446 | €7,529 | +€7,083 | +1588.1% |
| Deferred charges and accrued income | 490/1 | €19,838 | €17,358 | -€2,480 | -12.5% |
| Total equity and liabilities | 10/49 | €73,637 | €95,831 | +€22,194 | +30.1% |
| Equity | 10/15 | €26,880 | €56,097 | +€29,217 | +108.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €27,552 | €27,552 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,552 | €27,552 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,552 | €27,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,672 | €26,545 | +€29,217 | |
| Amounts payable | 17/49 | €46,757 | €39,734 | -€7,023 | -15.0% |
| Amounts payable after more than one year | 17 | €30,291 | €23,041 | -€7,250 | -23.9% |
| Financial debts | 170/4 | €30,291 | €23,041 | -€7,250 | -23.9% |
| Amounts payable within one year | 42/48 | €16,466 | €16,693 | +€227 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €2,342 | - | -€2,342 | |
| Financial debts | 43 | - | €4,953 | +€4,953 | |
| Credit institutions | 430/8 | - | €4,953 | +€4,953 | |
| Trade debts | 44 | €3,000 | €134 | -€2,866 | -95.5% |
| Suppliers | 440/4 | €3,000 | €134 | -€2,866 | -95.5% |
| Taxes, remuneration and social security | 45 | €11,124 | €11,606 | +€482 | +4.3% |
| Taxes | 450/3 | €11,124 | €11,606 | +€482 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,598 | €8,032 | +€4,434 | +123.2% |
| Other operating charges | 640/8 | €195 | €239 | +€44 | +22.6% |
| Gross operating margin | 9900 | -€11,428 | €50,731 | +€62,159 | |
| Operating profit (loss) | 9901 | -€15,221 | €42,460 | +€57,681 | |
| Financial income | 75/76B | €737 | - | -€737 | |
| Recurring financial income | 75 | €737 | - | -€737 | |
| Financial charges | 65/66B | €877 | €901 | +€24 | +2.7% |
| Recurring financial charges | 65 | €877 | €901 | +€24 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,361 | €41,559 | +€56,920 | |
| Income taxes | 67/77 | - | €12,342 | +€12,342 | |
| Profit (loss) for the period | 9904 | -€15,361 | €29,217 | +€44,578 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,361 | €29,217 | +€44,578 |
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 29 September 2026 via checked.be.