CLEG: 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.
CLEG
Largest movements
- Receivables within one year -€2.6m
down €2.6m (-60.3%), from €4.3m to €1.7m
of which Other amounts receivable: -€2.6m
- Cash -€48,151
down €48,151 (-98.2%), from €49,045 to €894
mainly Other debts (-€1.9m) and Tax, wage and social debts (-€477,151)
- Other debts -€1.9m
down €1.9m (-100.0%), from €1.9m to €0
- Tax, wage and social debts -€477,151
down €477,151 (-91.6%), from €520,906 to €43,755
- Trade debts -€364,684
down €364,684 (-24.7%), from €1.5m to €1.1m
- Profit (loss) carried forward +€115,197
up €115,197 (+17082.7%), from €674 to €115,871
- Gross operating margin -€1.7m
down €1.7m (-94.9%), from €1.8m to €91,754
- Taxes -€479,894
down €479,894 (-92.0%), from €521,856 to €41,962
- Financial income -€82,331
down €82,331 (-52.8%), from €155,823 to €73,492
- Other operating charges -€35,090
down €35,090 (-90.6%), from €38,746 to €3,656
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,362,687 | €1,713,049 | -€2.6m | -60.7% |
| Current assets | 29/58 | €4,362,687 | €1,713,049 | -€2.6m | -60.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,313,642 | €1,712,156 | -€2.6m | -60.3% |
| Trade receivables | 40 | €33,344 | €18,989 | -€14,354 | -43.0% |
| Other amounts receivable | 41 | €4,280,298 | €1,693,166 | -€2.6m | -60.4% |
| Cash at bank and in hand | 54/58 | €49,045 | €894 | -€48,151 | -98.2% |
| Total equity and liabilities | 10/49 | €4,362,687 | €1,713,049 | -€2.6m | -60.7% |
| Equity | 10/15 | €440,674 | €555,871 | +€115,197 | +26.1% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €674 | €115,871 | +€115,197 | +17082.7% |
| Amounts payable | 17/49 | €3,922,012 | €1,157,178 | -€2.8m | -70.5% |
| Amounts payable within one year | 42/48 | €3,922,012 | €1,157,178 | -€2.8m | -70.5% |
| Trade debts | 44 | €1,478,107 | €1,113,423 | -€364,684 | -24.7% |
| Suppliers | 440/4 | €1,478,107 | €1,113,423 | -€364,684 | -24.7% |
| Taxes, remuneration and social security | 45 | €520,906 | €43,755 | -€477,151 | -91.6% |
| Taxes | 450/3 | €520,906 | €43,755 | -€477,151 | -91.6% |
| Other amounts payable | 47/48 | €1,923,000 | €0 | -€1.9m | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,751 | +€3,751 | |
| Other operating charges | 640/8 | €38,746 | €3,656 | -€35,090 | -90.6% |
| Gross operating margin | 9900 | €1,795,544 | €91,754 | -€1.7m | -94.9% |
| Operating profit (loss) | 9901 | €1,756,798 | €84,347 | -€1.7m | -95.2% |
| Financial income | 75/76B | €155,823 | €73,492 | -€82,331 | -52.8% |
| Recurring financial income | 75 | €155,823 | €73,492 | -€82,331 | -52.8% |
| Financial charges | 65/66B | €1,041 | €680 | -€362 | -34.7% |
| Recurring financial charges | 65 | €1,041 | €680 | -€362 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €1,911,580 | €157,159 | -€1.8m | -91.8% |
| Income taxes | 67/77 | €521,856 | €41,962 | -€479,894 | -92.0% |
| Profit (loss) for the period | 9904 | €1,389,724 | €115,197 | -€1.3m | -91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,389,724 | €115,197 | -€1.3m | -91.7% |
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 12 October 2026 via checked.be.