CLEYO: 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.
CLEYO
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Receivables within one year -€168,875
down €168,875 (-40.2%), from €419,801 to €250,926
of which Trade receivables: -€418,875
- Cash -€98,329
down €98,329 (-74.6%), from €131,825 to €33,495
mainly Other debts (-€218,136) and Current investments (-€200,000)
- Stocks and contracts -€74,415
down €74,415 (-73.1%), from €101,774 to €27,359
- Tangible fixed assets -€24,445
down €24,445 (-36.3%), from €67,282 to €42,837
of which Furniture and vehicles: -€25,083
- Other debts -€218,136
down €218,136 (-99.9%), from €218,275 to €139
- Profit (loss) carried forward +€68,432
up €68,432 (+16.8%), from €408,050 to €476,482
- Tax, wage and social debts -€17,024
down €17,024 (-81.2%), from €20,964 to €3,940
- Depreciation +€11,564
up €11,564 (+73.7%), from €15,701 to €27,264
- Gross operating margin -€2,011
down €2,011 (-1.6%), from €123,205 to €121,195
- Taxes +€1,952
up €1,952 (+8.1%), from €24,074 to €26,026
- Financial income +€1,700
up €1,700 (+2125237.5%), from €0 to €1,700
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 | €722,526 | €556,178 | -€166,348 | -23.0% |
| Fixed assets | 21/28 | €67,282 | €42,837 | -€24,445 | -36.3% |
| Tangible fixed assets | 22/27 | €67,282 | €42,837 | -€24,445 | -36.3% |
| Plant, machinery and equipment | 23 | €4,819 | €6,032 | +€1,213 | +25.2% |
| Furniture and vehicles | 24 | €56,771 | €31,689 | -€25,083 | -44.2% |
| Other tangible fixed assets | 26 | €5,692 | €5,117 | -€575 | -10.1% |
| Current assets | 29/58 | €655,244 | €513,340 | -€141,904 | -21.7% |
| Stocks and contracts in progress | 3 | €101,774 | €27,359 | -€74,415 | -73.1% |
| Stocks | 30/36 | €101,774 | €27,359 | -€74,415 | -73.1% |
| Amounts receivable within one year | 40/41 | €419,801 | €250,926 | -€168,875 | -40.2% |
| Trade receivables | 40 | €418,875 | €0 | -€418,875 | -100.0% |
| Other amounts receivable | 41 | €926 | €250,926 | +€250,000 | +27011.8% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €131,825 | €33,495 | -€98,329 | -74.6% |
| Deferred charges and accrued income | 490/1 | €1,845 | €1,560 | -€284 | -15.4% |
| Total equity and liabilities | 10/49 | €722,526 | €556,178 | -€166,348 | -23.0% |
| Equity | 10/15 | €483,050 | €551,482 | +€68,432 | +14.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €408,050 | €476,482 | +€68,432 | +16.8% |
| Amounts payable | 17/49 | €239,476 | €4,696 | -€234,780 | -98.0% |
| Amounts payable within one year | 42/48 | €239,476 | €4,696 | -€234,780 | -98.0% |
| Trade debts | 44 | €237 | €617 | +€380 | +159.8% |
| Suppliers | 440/4 | €237 | €617 | +€380 | +159.8% |
| Taxes, remuneration and social security | 45 | €20,964 | €3,940 | -€17,024 | -81.2% |
| Taxes | 450/3 | €20,964 | €3,940 | -€17,024 | -81.2% |
| Other amounts payable | 47/48 | €218,275 | €139 | -€218,136 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,701 | €27,264 | +€11,564 | +73.7% |
| Other operating charges | 640/8 | €578 | €810 | +€232 | +40.1% |
| Gross operating margin | 9900 | €123,205 | €121,195 | -€2,011 | -1.6% |
| Operating profit (loss) | 9901 | €106,927 | €93,120 | -€13,806 | -12.9% |
| Financial income | 75/76B | €0 | €1,700 | +€1,700 | +2125237.5% |
| Recurring financial income | 75 | €0 | €1,700 | +€1,700 | +2125237.5% |
| Financial charges | 65/66B | €232 | €362 | +€130 | +56.0% |
| Recurring financial charges | 65 | €232 | €362 | +€130 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €106,695 | €94,459 | -€12,236 | -11.5% |
| Income taxes | 67/77 | €24,074 | €26,026 | +€1,952 | +8.1% |
| Profit (loss) for the period | 9904 | €82,620 | €68,432 | -€14,188 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,620 | €68,432 | -€14,188 | -17.2% |
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 4 October 2026 via checked.be.