Cléval: 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.
Cléval
Largest movements
- Receivables within one year +€7,002
up €7,002 (+17.6%), from €39,870 to €46,872
- Profit (loss) carried forward +€6,254
up €6,254 (+20.7%), from €30,218 to €36,473
- Financial income +€704
up €704 (+34.3%), from €2,053 to €2,757
- Gross operating margin +€596
up €596 (+10.4%), from €5,736 to €6,332
- Taxes +€352
up €352 (+17.4%), from €2,022 to €2,374
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 | €40,281 | €46,972 | +€6,691 | +16.6% |
| Current assets | 29/58 | €40,281 | €46,972 | +€6,691 | +16.6% |
| Amounts receivable within one year | 40/41 | €39,870 | €46,872 | +€7,002 | +17.6% |
| Other amounts receivable | 41 | €39,870 | €46,872 | +€7,002 | +17.6% |
| Cash at bank and in hand | 54/58 | €411 | €100 | -€311 | -75.7% |
| Total equity and liabilities | 10/49 | €40,281 | €46,972 | +€6,691 | +16.6% |
| Equity | 10/15 | €38,278 | €44,533 | +€6,254 | +16.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,218 | €36,473 | +€6,254 | +20.7% |
| Amounts payable | 17/49 | €2,003 | €2,440 | +€437 | +21.8% |
| Amounts payable within one year | 42/48 | €2,003 | €2,440 | +€437 | +21.8% |
| Trade debts | 44 | €64 | €66 | +€2 | +3.3% |
| Suppliers | 440/4 | €64 | €66 | +€2 | +3.3% |
| Taxes, remuneration and social security | 45 | €1,939 | €2,374 | +€435 | +22.4% |
| Taxes | 450/3 | €1,939 | €2,374 | +€435 | +22.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €5,736 | €6,332 | +€596 | +10.4% |
| Operating profit (loss) | 9901 | €5,352 | €5,945 | +€593 | +11.1% |
| Financial income | 75/76B | €2,053 | €2,757 | +€704 | +34.3% |
| Recurring financial income | 75 | €2,053 | €2,757 | +€704 | +34.3% |
| Financial charges | 65/66B | €57 | €74 | +€17 | +29.8% |
| Recurring financial charges | 65 | €57 | €74 | +€17 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €7,348 | €8,628 | +€1,280 | +17.4% |
| Income taxes | 67/77 | €2,022 | €2,374 | +€352 | +17.4% |
| Profit (loss) for the period | 9904 | €5,326 | €6,254 | +€928 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,326 | €6,254 | +€928 | +17.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.