CLECOB: 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.
CLECOB
Largest movements
- Receivables within one year -€22,222
down €22,222 (-6.2%), from €360,092 to €337,870
of which Other amounts receivable: -€26,939
- Reserves -€26,801
down €26,801 (-9.5%), from €282,193 to €255,392
of which Distributable reserves: -€26,801
- Tax, wage and social debts +€19,266
up €19,266 (+40.7%), from €47,299 to €66,565
of which Taxes: +€18,846
- Current portion of long-term debt -€10,985
down €10,985 (-87.3%), from €12,579 to €1,594
- Trade debts -€5,851
down €5,851 (-80.4%), from €7,280 to €1,430
- Staff costs +€5,420
new in 2025: €5,420
- Financial income +€4,652
up €4,652 (+59.2%), from €7,855 to €12,507
- Gross operating margin +€3,842
up €3,842 (+4.4%), from €88,276 to €92,118
- Depreciation -€2,639
no longer reported in 2025 (was €2,639)
- Taxes +€2,132
up €2,132 (+7.2%), from €29,732 to €31,864
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 | €361,752 | €339,980 | -€21,772 | -6.0% |
| Fixed assets | 21/28 | €1,660 | €1,660 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,660 | €1,660 | = | 0.0% |
| Current assets | 29/58 | €360,092 | €338,320 | -€21,772 | -6.0% |
| Amounts receivable within one year | 40/41 | €360,092 | €337,870 | -€22,222 | -6.2% |
| Trade receivables | 40 | €0 | €4,718 | +€4,718 | |
| Other amounts receivable | 41 | €360,092 | €333,152 | -€26,939 | -7.5% |
| Cash at bank and in hand | 54/58 | - | €0 | = | |
| Deferred charges and accrued income | 490/1 | - | €450 | +€450 | |
| Total equity and liabilities | 10/49 | €361,752 | €339,980 | -€21,772 | -6.0% |
| Equity | 10/15 | €294,593 | €267,792 | -€26,801 | -9.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €282,193 | €255,392 | -€26,801 | -9.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €272,334 | €245,533 | -€26,801 | -9.8% |
| Amounts payable | 17/49 | €67,158 | €72,188 | +€5,029 | +7.5% |
| Amounts payable within one year | 42/48 | €67,158 | €72,188 | +€5,029 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €12,579 | €1,594 | -€10,985 | -87.3% |
| Financial debts | 43 | - | €2,600 | +€2,600 | |
| Credit institutions | 430/8 | - | €2,600 | +€2,600 | |
| Trade debts | 44 | €7,280 | €1,430 | -€5,851 | -80.4% |
| Suppliers | 440/4 | €7,280 | €1,430 | -€5,851 | -80.4% |
| Taxes, remuneration and social security | 45 | €47,299 | €66,565 | +€19,266 | +40.7% |
| Taxes | 450/3 | €47,299 | €66,145 | +€18,846 | +39.8% |
| Remuneration and social security | 454/9 | - | €420 | +€420 | |
| Remuneration, social security and pensions | 62 | - | €5,420 | +€5,420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,639 | - | -€2,639 | |
| Other operating charges | 640/8 | €690 | €1,072 | +€382 | +55.3% |
| Gross operating margin | 9900 | €88,276 | €92,118 | +€3,842 | +4.4% |
| Operating profit (loss) | 9901 | €84,947 | €85,626 | +€679 | +0.8% |
| Financial income | 75/76B | €7,855 | €12,507 | +€4,652 | +59.2% |
| Recurring financial income | 75 | €7,855 | €12,507 | +€4,652 | +59.2% |
| Financial charges | 65/66B | €5,915 | €5,023 | -€892 | -15.1% |
| Recurring financial charges | 65 | €5,915 | €5,023 | -€892 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €86,886 | €93,109 | +€6,223 | +7.2% |
| Income taxes | 67/77 | €29,732 | €31,864 | +€2,132 | +7.2% |
| Profit (loss) for the period | 9904 | €57,154 | €61,245 | +€4,091 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,154 | €61,245 | +€4,091 | +7.2% |
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 17 October 2026 via checked.be.