Cleforta: 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.
What changed
Cleforta
NACE 86.230, Dental practice
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€514,494
2024 · €642,583-€128,089
Equity
€1.2m
2024 · €2.3m-€1.1m
Cash
€23,604
2024 · €28,042-€4,438
Balance sheet total
€2.7m
2024 · €3.8m-€1.1m
Largest movements
Assets
- Tangible fixed assets -€633,240
down €633,240 (-21.1%), from €3.0m to €2.4m
of which Land and buildings: -€685,986
- Financial fixed assets -€413,857
down €413,857 (-99.9%), from €414,067 to €210
- Receivables after one year -€50,000
down €50,000 (-30.3%), from €165,000 to €115,000
Equity and liabilities
- Reserves -€1.1m
down €1.1m (-47.4%), from €2.3m to €1.2m
- Other debts -€287,871
down €287,871 (-52.1%), from €552,880 to €265,008
- Debts after one year +€211,995
up €211,995 (+26.5%), from €798,637 to €1.0m
Income statement
- Gross operating margin -€190,893
down €190,893 (-16.8%), from €1.1m to €942,508
- Taxes -€97,741
down €97,741 (-33.6%), from €290,588 to €192,847
- Depreciation +€22,299
up €22,299 (+14.0%), from €159,425 to €181,723
- Financial charges +€12,476
up €12,476 (+27.1%), from €46,104 to €58,580
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.
Result 2024
€642,583
Gross operating margin
-€190,893
Depreciation
-€22,299
Other operating charges
+€934
Financial income
-€1,096
Financial charges
-€12,476
Taxes
+€97,741
Result 2025
€514,494
raises the resultlowers the result
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.
From operations
+€485,543
Investment
+€863,063
Financing
-€1.4m
Cash 2024
€28,042
From operations (derived)
+€485,543
Net result for the year
+€514,494
Depreciation
+€181,723
Receivables after one year
+€50,000
Receivables within one year
-€2,182
Deferred charges and accrued income
-€6,262
Trade debts
+€12,837
Tax, wage and social debts
+€22,803
Other debts
-€287,871
Investment (derived)
+€863,063
Investment in fixed assets (net)
+€865,373
Current investments
-€2,310
Financing
-€1.4m
Debts after one year
+€211,995
Current portion of long-term debt
+€31,002
Contributions, distributions and other
-€1.6m
Cash 2025
€23,604
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,763,983 | €2,673,202 | -€1.1m | -29.0% |
| Fixed assets | 21/28 | €3,418,151 | €2,371,055 | -€1.0m | -30.6% |
| Tangible fixed assets | 22/27 | €3,004,085 | €2,370,845 | -€633,240 | -21.1% |
| Land and buildings | 22 | €2,953,269 | €2,267,283 | -€685,986 | -23.2% |
| Furniture and vehicles | 24 | €50,816 | €103,562 | +€52,746 | +104% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €414,067 | €210 | -€413,857 | -99.9% |
| Current assets | 29/58 | €345,831 | €302,147 | -€43,684 | -12.6% |
| Amounts receivable after more than one year | 29 | €165,000 | €115,000 | -€50,000 | -30.3% |
| Other amounts receivable | 291 | €165,000 | €115,000 | -€50,000 | -30.3% |
| Stocks and contracts in progress | 3 | €5,271 | €5,271 | = | 0.0% |
| Stocks | 30/36 | €5,271 | €5,271 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,922 | €4,104 | +€2,182 | +114% |
| Trade receivables | 40 | €424 | €0 | -€424 | -100% |
| Other amounts receivable | 41 | €1,498 | €4,104 | +€2,606 | +174% |
| Current investments | 50/53 | €134,674 | €136,984 | +€2,310 | +1.7% |
| Cash at bank and in hand | 54/58 | €28,042 | €23,604 | -€4,438 | -15.8% |
| Deferred charges and accrued income | 490/1 | €10,921 | €17,183 | +€6,262 | +57.3% |
| Total equity and liabilities | 10/49 | €3,763,983 | €2,673,202 | -€1.1m | -29.0% |
| Equity | 10/15 | €2,275,076 | €1,193,530 | -€1.1m | -47.5% |
| Contributions | 10/11 | €18,600 | €7,731 | -€10,869 | -58.4% |
| Reserves | 13 | €2,256,476 | €1,185,800 | -€1.1m | -47.4% |
| Distributable reserves | 133 | €2,256,476 | €1,185,800 | -€1.1m | -47.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,488,906 | €1,479,672 | -€9,234 | -0.6% |
| Amounts payable after more than one year | 17 | €798,637 | €1,010,632 | +€211,995 | +26.5% |
| Financial debts | 170/4 | €798,637 | €1,010,632 | +€211,995 | +26.5% |
| Amounts payable within one year | 42/48 | €690,269 | €469,040 | -€221,229 | -32.0% |
| Current portion of amounts payable after more than one year | 42 | €94,348 | €125,350 | +€31,002 | +32.9% |
| Trade debts | 44 | €356 | €13,194 | +€12,837 | +3,601% |
| Suppliers | 440/4 | €356 | €13,194 | +€12,837 | +3,601% |
| Taxes, remuneration and social security | 45 | €42,685 | €65,488 | +€22,803 | +53.4% |
| Taxes | 450/3 | €42,685 | €65,488 | +€22,803 | +53.4% |
| Other amounts payable | 47/48 | €552,880 | €265,008 | -€287,871 | -52.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €8,921 | +€8,921 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,425 | €181,723 | +€22,299 | +14.0% |
| Other operating charges | 640/8 | €2,729 | €1,795 | -€934 | -34.2% |
| Gross operating margin | 9900 | €1,133,402 | €942,508 | -€190,893 | -16.8% |
| Operating profit (loss) | 9901 | €971,248 | €758,990 | -€212,258 | -21.9% |
| Financial income | 75/76B | €8,027 | €6,931 | -€1,096 | -13.7% |
| Recurring financial income | 75 | €8,027 | €6,931 | -€1,096 | -13.7% |
| Financial charges | 65/66B | €46,104 | €58,580 | +€12,476 | +27.1% |
| Recurring financial charges | 65 | €46,104 | €58,580 | +€12,476 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €933,171 | €707,341 | -€225,830 | -24.2% |
| Income taxes | 67/77 | €290,588 | €192,847 | -€97,741 | -33.6% |
| Profit (loss) for the period | 9904 | €642,583 | €514,494 | -€128,089 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €642,583 | €514,494 | -€128,089 | -19.9% |
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 18 October 2026 via checked.be.