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CLEM IMMO: 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.

What changed

CLEM IMMO

BE 0711.906.655
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€28,446
2024 · €11,266+€17,180
Equity
-€894
2024 · -€29,340+€28,446
Cash
€43,817
2024 · €30,179+€13,638
Balance sheet total
€922,121
2024 · €952,425-€30,304

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€36,560

    down €36,560 (-4.0%), from €913,043 to €876,482

    of which Land and buildings: -€41,182

  • Cash +€13,638

    up €13,638 (+45.2%), from €30,179 to €43,817

    mainly Depreciation (+€59,749) and Net result for the year (+€28,446)

Equity and liabilities
  • Debts after one year -€41,494

    down €41,494 (-4.6%), from €896,102 to €854,608

  • Profit (loss) carried forward +€28,446

    up €28,446 (+59.3%), from -€47,940 to -€19,494

  • Trade debts -€18,875

    down €18,875 (-84.5%), from €22,346 to €3,471

Income statement
  • Gross operating margin +€28,606

    up €28,606 (+35.6%), from €80,323 to €108,930

  • Depreciation +€9,798

    up €9,798 (+19.6%), from €49,952 to €59,749

  • Financial charges +€1,569

    up €1,569 (+8.7%), from €18,023 to €19,592

From the 2024 result to the 2025 result

effect on the 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 €11,266
Gross operating margin +€28,606
Depreciation -€9,798
Other operating charges -€59
Financial income -€2
Financial charges -€1,569
Result 2025 €28,446

Cash bridge derived

cash 2024 to 2025

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 +€77,346
Investment -€23,189
Financing -€40,519
Cash 2024 €30,179
Net result for the year +€28,446
Depreciation +€59,749
Receivables within one year +€2,940
Deferred charges and accrued income +€4,441
Trade debts -€18,875
Accrued charges and deferred income +€645
Investment in fixed assets (net) -€23,189
Debts after one year -€41,494
Current portion of long-term debt +€975
Cash 2025 €43,817
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €952,425 €922,121 -€30,304 -3.2%
Fixed assets 21/28 €913,243 €876,682 -€36,560 -4.0%
Tangible fixed assets 22/27 €913,043 €876,482 -€36,560 -4.0%
Land and buildings 22 €911,090 €869,908 -€41,182 -4.5%
Plant, machinery and equipment 23 €1,953 €2,096 +€143 +7.3%
Furniture and vehicles 24 - €4,478 +€4,478
Financial fixed assets 28 €200 €200 = 0.0%
Current assets 29/58 €39,182 €45,439 +€6,257 +16.0%
Amounts receivable within one year 40/41 €3,360 €420 -€2,940 -87.5%
Trade receivables 40 €3,360 €420 -€2,940 -87.5%
Cash at bank and in hand 54/58 €30,179 €43,817 +€13,638 +45.2%
Deferred charges and accrued income 490/1 €5,643 €1,202 -€4,441 -78.7%
Total equity and liabilities 10/49 €952,425 €922,121 -€30,304 -3.2%
Equity 10/15 -€29,340 -€894 +€28,446 +97.0%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€47,940 -€19,494 +€28,446 +59.3%
Amounts payable 17/49 €981,764 €923,015 -€58,750 -6.0%
Amounts payable after more than one year 17 €896,102 €854,608 -€41,494 -4.6%
Financial debts 170/4 €896,102 €854,608 -€41,494 -4.6%
Amounts payable within one year 42/48 €85,663 €67,762 -€17,900 -20.9%
Current portion of amounts payable after more than one year 42 €63,317 €64,292 +€975 +1.5%
Trade debts 44 €22,346 €3,471 -€18,875 -84.5%
Suppliers 440/4 €22,346 €3,471 -€18,875 -84.5%
Accrued charges and deferred income 492/3 - €645 +€645
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €49,952 €59,749 +€9,798 +19.6%
Other operating charges 640/8 €1,084 €1,143 +€59 +5.4%
Gross operating margin 9900 €80,323 €108,930 +€28,606 +35.6%
Operating profit (loss) 9901 €29,288 €48,038 +€18,750 +64.0%
Financial income 75/76B €2 €0 -€2 -98.0%
Recurring financial income 75 €2 €0 -€2 -98.0%
Financial charges 65/66B €18,023 €19,592 +€1,569 +8.7%
Recurring financial charges 65 €18,023 €19,592 +€1,569 +8.7%
Profit (loss) for the period before taxes 9903 €11,266 €28,446 +€17,180 +152.5%
Profit (loss) for the period 9904 €11,266 €28,446 +€17,180 +152.5%
Profit (loss) for the period to be appropriated 9905 €11,266 €28,446 +€17,180 +152.5%

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 30 September 2026 via checked.be.