CLEVELAND: 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.
CLEVELAND
Largest movements
- Cash +€81,928
up €81,928 (+48.8%), from €167,826 to €249,755
mainly Other debts (+€379,520) and Current investments (+€49,930)
- Current investments -€49,930
down €49,930 (-25.1%), from €198,759 to €148,829
- Tangible fixed assets -€15,650
down €15,650 (-6.9%), from €228,122 to €212,473
of which Land and buildings: -€15,218
- Other debts +€379,520
up €379,520 (+757%), from €50,147 to €429,667
- Reserves -€367,441
down €367,441 (-76.3%), from €481,673 to €114,231
of which Distributable reserves: -€362,755
- Financial charges +€5,615
up €5,615 (+311%), from €1,804 to €7,419
- Gross operating margin -€2,759
down €2,759 (-6.3%), from €43,701 to €40,942
- Taxes -€1,870
down €1,870 (-20.8%), from €8,993 to €7,123
- Depreciation +€1,018
up €1,018 (+7.0%), from €14,632 to €15,650
- Financial income +€788
up €788 (+20.2%), from €3,900 to €4,688
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €596,956 | €614,913 | +€17,957 | +3.0% |
| Fixed assets | 21/28 | €228,122 | €212,473 | -€15,650 | -6.9% |
| Tangible fixed assets | 22/27 | €228,122 | €212,473 | -€15,650 | -6.9% |
| Land and buildings | 22 | €227,560 | €212,343 | -€15,218 | -6.7% |
| Plant, machinery and equipment | 23 | €562 | €130 | -€432 | -76.8% |
| Current assets | 29/58 | €368,833 | €402,440 | +€33,607 | +9.1% |
| Amounts receivable within one year | 40/41 | €711 | €2,744 | +€2,033 | +286% |
| Trade receivables | 40 | €332 | €0 | -€332 | -100% |
| Other amounts receivable | 41 | €379 | €2,744 | +€2,365 | +624% |
| Current investments | 50/53 | €198,759 | €148,829 | -€49,930 | -25.1% |
| Cash at bank and in hand | 54/58 | €167,826 | €249,755 | +€81,928 | +48.8% |
| Deferred charges and accrued income | 490/1 | €1,537 | €1,112 | -€425 | -27.6% |
| Total equity and liabilities | 10/49 | €596,956 | €614,913 | +€17,957 | +3.0% |
| Equity | 10/15 | €543,173 | €175,731 | -€367,441 | -67.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €481,673 | €114,231 | -€367,441 | -76.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €47,332 | €42,646 | -€4,686 | -9.9% |
| Distributable reserves | 133 | €428,191 | €65,435 | -€362,755 | -84.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €53,783 | €439,182 | +€385,398 | +717% |
| Amounts payable within one year | 42/48 | €51,629 | €435,370 | +€383,741 | +743% |
| Trade debts | 44 | €1,482 | €5,703 | +€4,221 | +285% |
| Suppliers | 440/4 | €1,482 | €5,703 | +€4,221 | +285% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €50,147 | €429,667 | +€379,520 | +757% |
| Accrued charges and deferred income | 492/3 | €2,154 | €3,811 | +€1,657 | +76.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,632 | €15,650 | +€1,018 | +7.0% |
| Other operating charges | 640/8 | €4,605 | €4,777 | +€172 | +3.7% |
| Gross operating margin | 9900 | €43,701 | €40,942 | -€2,759 | -6.3% |
| Operating profit (loss) | 9901 | €24,464 | €20,516 | -€3,949 | -16.1% |
| Financial income | 75/76B | €3,900 | €4,688 | +€788 | +20.2% |
| Recurring financial income | 75 | €3,900 | €4,688 | +€788 | +20.2% |
| Financial charges | 65/66B | €1,804 | €7,419 | +€5,615 | +311% |
| Recurring financial charges | 65 | €1,804 | €7,419 | +€5,615 | +311% |
| Profit (loss) for the period before taxes | 9903 | €26,560 | €17,785 | -€8,776 | -33.0% |
| Income taxes | 67/77 | €8,993 | €7,123 | -€1,870 | -20.8% |
| Profit (loss) for the period | 9904 | €17,568 | €10,662 | -€6,906 | -39.3% |
| Transfer from tax-exempt reserves | 789 | €4,686 | €4,686 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,254 | €15,348 | -€6,906 | -31.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.