Cleerbout: 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.
Cleerbout
Largest movements
- Cash +€346,281
up €346,281 (+2,473%), from €14,004 to €360,285
mainly Investment in fixed assets (net) (+€286,517) and Net result for the year (+€62,615)
- Tangible fixed assets -€288,945
down €288,945 (-97.0%), from €297,733 to €8,788
of which Land and buildings: -€297,051
- Reserves +€62,615
up €62,615 (+27.5%), from €227,339 to €289,954
of which Distributable reserves: +€62,615
- Current portion of long-term debt -€12,385
no longer reported in 2025 (was €12,385)
- Other debts +€4,134
up €4,134 (+9.2%), from €44,830 to €48,964
- Turnover -€128,006
no longer reported in 2025 (was €128,006)
- Purchases and services -€93,636
no longer reported in 2025 (was €93,636)
- Gross operating margin +€52,499
up €52,499 (+123%), from €42,550 to €95,049
- Taxes +€16,986
up €16,986 (+214%), from €7,944 to €24,930
- Depreciation -€6,434
down €6,434 (-72.6%), from €8,863 to €2,429
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 | €314,563 | €374,279 | +€59,716 | +19.0% |
| Fixed assets | 21/28 | €297,773 | €8,828 | -€288,945 | -97.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €297,733 | €8,788 | -€288,945 | -97.0% |
| Land and buildings | 22 | €297,051 | - | -€297,051 | |
| Plant, machinery and equipment | 23 | €682 | €1,979 | +€1,297 | +190% |
| Furniture and vehicles | 24 | - | €6,809 | +€6,809 | |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €16,790 | €365,451 | +€348,661 | +2,077% |
| Amounts receivable within one year | 40/41 | €1,050 | €3,093 | +€2,043 | +195% |
| Trade receivables | 40 | €1,050 | €3,093 | +€2,043 | +195% |
| Cash at bank and in hand | 54/58 | €14,004 | €360,285 | +€346,281 | +2,473% |
| Deferred charges and accrued income | 490/1 | €1,736 | €2,073 | +€337 | +19.4% |
| Total equity and liabilities | 10/49 | €314,563 | €374,279 | +€59,716 | +19.0% |
| Equity | 10/15 | €245,939 | €308,554 | +€62,615 | +25.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €227,339 | €289,954 | +€62,615 | +27.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €225,479 | €288,094 | +€62,615 | +27.8% |
| Amounts payable | 17/49 | €68,624 | €65,724 | -€2,900 | -4.2% |
| Amounts payable within one year | 42/48 | €68,624 | €64,007 | -€4,617 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €12,385 | - | -€12,385 | |
| Trade debts | 44 | €2,424 | €5,033 | +€2,609 | +108% |
| Suppliers | 440/4 | €2,424 | €5,033 | +€2,609 | +108% |
| Taxes, remuneration and social security | 45 | €8,985 | €10,011 | +€1,026 | +11.4% |
| Taxes | 450/3 | €8,985 | €10,011 | +€1,026 | +11.4% |
| Other amounts payable | 47/48 | €44,830 | €48,964 | +€4,134 | +9.2% |
| Accrued charges and deferred income | 492/3 | - | €1,717 | +€1,717 | |
| Turnover | 70 | €128,006 | - | -€128,006 | |
| Non-recurring operating income | 76A | €700 | €84,884 | +€84,184 | +12,026% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,636 | - | -€93,636 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,863 | €2,429 | -€6,434 | -72.6% |
| Other operating charges | 640/8 | €2,275 | €2,429 | +€154 | +6.7% |
| Gross operating margin | 9900 | €42,550 | €95,049 | +€52,499 | +123% |
| Operating profit (loss) | 9901 | €31,412 | €90,192 | +€58,780 | +187% |
| Financial income | 75/76B | €25 | €977 | +€952 | +3,810% |
| Recurring financial income | 75 | €25 | €977 | +€952 | +3,810% |
| Financial charges | 65/66B | €5,385 | €3,624 | -€1,761 | -32.7% |
| Recurring financial charges | 65 | €5,385 | €3,624 | -€1,761 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €26,052 | €87,545 | +€61,493 | +236% |
| Income taxes | 67/77 | €7,944 | €24,930 | +€16,986 | +214% |
| Profit (loss) for the period | 9904 | €18,108 | €62,615 | +€44,507 | +246% |
| Profit (loss) for the period to be appropriated | 9905 | €18,108 | €62,615 | +€44,507 | +246% |
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 19 October 2026 via checked.be.