CLETA: 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.
CLETA
Largest movements
- Current investments +€91,171
up €91,171 (+16.8%), from €542,415 to €633,586
- Cash +€85,016
up €85,016 (+70.6%), from €120,361 to €205,377
mainly Net result for the year (+€131,397) and Other debts (+€110,507)
- Tangible fixed assets -€17,642
down €17,642 (-17.4%), from €101,523 to €83,881
of which Furniture and vehicles: -€13,998
- Deferred charges and accrued income -€16,303
no longer reported in 2025 (was €16,303)
- Receivables within one year -€15,581
down €15,581 (-34.8%), from €44,760 to €29,180
of which Trade receivables: -€15,623
- Other debts +€110,507
up €110,507 (+195.9%), from €56,404 to €166,911
- Revaluation surpluses +€91,171
up €91,171 (+135.7%), from €67,187 to €158,359
- Debts after one year -€55,000
down €55,000 (-26.2%), from €210,000 to €155,000
- Reserves -€18,603
down €18,603 (-4.5%), from €415,231 to €396,628
of which Distributable reserves: -€18,603
- Taxes -€15,450
down €15,450 (-30.7%), from €50,388 to €34,937
- Gross operating margin +€14,730
up €14,730 (+8.9%), from €166,009 to €180,739
- Financial income -€10,709
down €10,709 (-44.7%), from €23,939 to €13,230
of which Financial income: -€10,789
- Purchases and services -€7,952
down €7,952 (-13.8%), from €57,805 to €49,852
- Depreciation -€7,053
down €7,053 (-28.6%), from €24,695 to €17,642
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 | €825,361 | €952,023 | +€126,662 | +15.3% |
| Fixed assets | 21/28 | €101,523 | €83,881 | -€17,642 | -17.4% |
| Tangible fixed assets | 22/27 | €101,523 | €83,881 | -€17,642 | -17.4% |
| Plant, machinery and equipment | 23 | €873 | €649 | -€225 | -25.7% |
| Furniture and vehicles | 24 | €94,531 | €80,533 | -€13,998 | -14.8% |
| Other tangible fixed assets | 26 | €6,118 | €2,699 | -€3,419 | -55.9% |
| Current assets | 29/58 | €723,838 | €868,142 | +€144,304 | +19.9% |
| Amounts receivable within one year | 40/41 | €44,760 | €29,180 | -€15,581 | -34.8% |
| Trade receivables | 40 | €44,760 | €29,137 | -€15,623 | -34.9% |
| Other amounts receivable | 41 | - | €42 | +€42 | |
| Current investments | 50/53 | €542,415 | €633,586 | +€91,171 | +16.8% |
| Cash at bank and in hand | 54/58 | €120,361 | €205,377 | +€85,016 | +70.6% |
| Deferred charges and accrued income | 490/1 | €16,303 | - | -€16,303 | |
| Total equity and liabilities | 10/49 | €825,361 | €952,023 | +€126,662 | +15.3% |
| Equity | 10/15 | €542,418 | €614,987 | +€72,568 | +13.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Capital | 10 | €60,000 | €60,000 | = | 0.0% |
| Issued capital | 100 | €60,000 | €60,000 | = | 0.0% |
| Revaluation surpluses | 12 | €67,187 | €158,359 | +€91,171 | +135.7% |
| Reserves | 13 | €415,231 | €396,628 | -€18,603 | -4.5% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Legal reserve | 130 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €409,231 | €390,628 | -€18,603 | -4.5% |
| Amounts payable | 17/49 | €282,943 | €337,037 | +€54,094 | +19.1% |
| Amounts payable after more than one year | 17 | €210,000 | €155,000 | -€55,000 | -26.2% |
| Financial debts | 170/4 | €210,000 | €155,000 | -€55,000 | -26.2% |
| Amounts payable within one year | 42/48 | €65,183 | €174,126 | +€108,943 | +167.1% |
| Trade debts | 44 | €2,899 | €6,086 | +€3,187 | +109.9% |
| Suppliers | 440/4 | €2,899 | €6,086 | +€3,187 | +109.9% |
| Taxes, remuneration and social security | 45 | €5,880 | €1,129 | -€4,751 | -80.8% |
| Taxes | 450/3 | €5,880 | €1,129 | -€4,751 | -80.8% |
| Other amounts payable | 47/48 | €56,404 | €166,911 | +€110,507 | +195.9% |
| Accrued charges and deferred income | 492/3 | €7,760 | €7,911 | +€151 | +1.9% |
| Turnover | 70 | €221,537 | €228,480 | +€6,943 | +3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €57,805 | €49,852 | -€7,952 | -13.8% |
| Remuneration, social security and pensions | 62 | €346 | €423 | +€77 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,695 | €17,642 | -€7,053 | -28.6% |
| Other operating charges | 640/8 | €1,143 | €781 | -€362 | -31.7% |
| Gross operating margin | 9900 | €166,009 | €180,739 | +€14,730 | +8.9% |
| Operating profit (loss) | 9901 | €139,825 | €161,893 | +€22,068 | +15.8% |
| Financial income | 75/76B | €23,939 | €13,230 | -€10,709 | -44.7% |
| Recurring financial income | 75 | €23,939 | €13,150 | -€10,789 | -45.1% |
| Non-recurring financial income | 76B | - | €80 | +€80 | |
| Financial charges | 65/66B | €7,854 | €8,788 | +€934 | +11.9% |
| Recurring financial charges | 65 | €7,854 | €8,788 | +€934 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €155,910 | €166,334 | +€10,425 | +6.7% |
| Income taxes | 67/77 | €50,388 | €34,937 | -€15,450 | -30.7% |
| Profit (loss) for the period | 9904 | €105,522 | €131,397 | +€25,875 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €105,522 | €131,397 | +€25,875 | +24.5% |
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 6 October 2026 via checked.be.