Clecon: 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.
Clecon
Largest movements
- Cash +€151,920
up €151,920 (+149.1%), from €101,881 to €253,801
mainly Net result for the year (+€105,930) and Receivables within one year (+€50,342)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€14,087
down €14,087 (-6.9%), from €203,610 to €189,524
- Taxes -€3,989
down €3,989 (-7.5%), from €53,423 to €49,434
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 | €12,011,596 | €12,113,175 | +€101,579 | +0.8% |
| Fixed assets | 21/28 | €11,774,678 | €11,774,678 | = | 0.0% |
| Tangible fixed assets | 22/27 | €11,774,678 | €11,774,678 | = | 0.0% |
| Land and buildings | 22 | €11,774,678 | €11,774,678 | = | 0.0% |
| Current assets | 29/58 | €236,918 | €338,497 | +€101,579 | +42.9% |
| Amounts receivable within one year | 40/41 | €134,702 | €84,361 | -€50,342 | -37.4% |
| Trade receivables | 40 | €53,509 | €28,986 | -€24,523 | -45.8% |
| Other amounts receivable | 41 | €81,194 | €55,375 | -€25,818 | -31.8% |
| Cash at bank and in hand | 54/58 | €101,881 | €253,801 | +€151,920 | +149.1% |
| Deferred charges and accrued income | 490/1 | €334 | €335 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €12,011,596 | €12,113,175 | +€101,579 | +0.8% |
| Equity | 10/15 | €11,990,636 | €12,096,566 | +€105,930 | +0.9% |
| Contributions | 10/11 | €10,103,704 | €10,103,704 | = | 0.0% |
| Reserves | 13 | €1,886,932 | €1,992,862 | +€105,930 | +5.6% |
| Non-distributable reserves | 130/1 | €250,914 | €250,914 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250,914 | €250,914 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,736 | €4,736 | = | 0.0% |
| Distributable reserves | 133 | €1,631,282 | €1,737,212 | +€105,930 | +6.5% |
| Amounts payable | 17/49 | €20,960 | €16,609 | -€4,351 | -20.8% |
| Amounts payable within one year | 42/48 | €20,960 | €16,609 | -€4,351 | -20.8% |
| Advances received on contracts in progress | 46 | €159 | €0 | -€159 | -100.0% |
| Taxes, remuneration and social security | 45 | €13,789 | €9,483 | -€4,306 | -31.2% |
| Taxes | 450/3 | €13,789 | €9,483 | -€4,306 | -31.2% |
| Other amounts payable | 47/48 | €7,012 | €7,127 | +€114 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €36,057 | €37,390 | +€1,332 | +3.7% |
| Gross operating margin | 9900 | €203,610 | €189,524 | -€14,087 | -6.9% |
| Operating profit (loss) | 9901 | €167,553 | €152,134 | -€15,419 | -9.2% |
| Financial income | 75/76B | €1,879 | €3,661 | +€1,783 | +94.9% |
| Recurring financial income | 75 | €1,879 | €3,661 | +€1,783 | +94.9% |
| Financial charges | 65/66B | €1,530 | €431 | -€1,098 | -71.8% |
| Recurring financial charges | 65 | €1,530 | €431 | -€1,098 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €167,902 | €155,364 | -€12,538 | -7.5% |
| Income taxes | 67/77 | €53,423 | €49,434 | -€3,989 | -7.5% |
| Profit (loss) for the period | 9904 | €114,479 | €105,930 | -€8,549 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €114,479 | €105,930 | -€8,549 | -7.5% |
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 4 October 2026 via checked.be.