CLEYS: what changed
What changed
CLEYS
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€1.9m
2024 · €2.1m-€205,195
Equity
€3.8m
2024 · €2.2m+€1.6m
Cash
€4.3m
2024 · €3.3m+€990,089
Balance sheet total
€10.4m
2024 · €5.6m+€4.9m
Largest movements
Assets
- Tangible fixed assets +€3.2m
up €3.2m (+325%), from €970,449 to €4.1m
of which Land and buildings: +€3.2m
- Cash +€990,089
up €990,089 (+30.3%), from €3.3m to €4.3m
mainly Debts after one year (+€3.1m) and Net result for the year (+€1.9m)
- Receivables within one year +€689,889
up €689,889 (+55.8%), from €1.2m to €1.9m
of which Trade receivables: +€795,259
Equity and liabilities
- Debts after one year +€3.1m
up €3.1m (+397%), from €771,003 to €3.8m
- Profit (loss) carried forward +€1.6m
up €1.6m (+72.3%), from €2.2m to €3.7m
- Trade debts +€159,298
up €159,298 (+16.1%), from €987,901 to €1.1m
Income statement
- Gross operating margin +€923,234
up €923,234 (+27.7%), from €3.3m to €4.3m
- Staff costs +€653,500
up €653,500 (+193%), from €338,896 to €992,395
- Depreciation +€441,599
up €441,599 (+590%), from €74,792 to €516,391
- Financial charges +€76,937
up €76,937 (+282%), from €27,323 to €104,260
- Taxes -€52,779
down €52,779 (-6.8%), from €772,914 to €720,135
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.1m
Gross operating margin
+€923,234
Staff costs
-€653,500
Depreciation
-€441,599
Other operating charges
-€14,413
Other operating items
+€1,366
Financial income
+€3,875
Financial charges
-€76,937
Taxes
+€52,779
Result 2025
€1.9m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.9m
Investment
-€3.7m
Financing
+€2.8m
Cash 2024
€3.3m
From operations (derived)
+€1.9m
Net result for the year
+€1.9m
Depreciation
+€516,391
Stocks and contracts
-€13
Receivables within one year
-€689,889
Deferred charges and accrued income
-€22,332
Trade debts
+€159,298
Tax, wage and social debts
+€73,494
Other debts
-€94,067
Investment (derived)
-€3.7m
Investment in fixed assets (net)
-€3.7m
Financing
+€2.8m
Debts after one year
+€3.1m
Current portion of long-term debt
+€86,554
Contributions, distributions and other
-€342,857
Cash 2025
€4.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,568,845 | €10,425,588 | +€4.9m | +87.2% |
| Fixed assets | 21/28 | €975,704 | €4,130,124 | +€3.2m | +323% |
| Intangible fixed assets | 21 | €4,000 | €2,994 | -€1,006 | -25.2% |
| Tangible fixed assets | 22/27 | €970,449 | €4,125,875 | +€3.2m | +325% |
| Land and buildings | 22 | €896,909 | €4,049,530 | +€3.2m | +351% |
| Plant, machinery and equipment | 23 | €39,205 | €38,096 | -€1,108 | -2.8% |
| Furniture and vehicles | 24 | €28,002 | €32,938 | +€4,936 | +17.6% |
| Other tangible fixed assets | 26 | €6,333 | €5,310 | -€1,023 | -16.1% |
| Financial fixed assets | 28 | €1,255 | €1,255 | = | 0.0% |
| Current assets | 29/58 | €4,593,142 | €6,295,464 | +€1.7m | +37.1% |
| Stocks and contracts in progress | 3 | €92,307 | €92,320 | +€13 | 0.0% |
| Stocks | 30/36 | €92,307 | €92,320 | +€13 | 0.0% |
| Amounts receivable within one year | 40/41 | €1,236,742 | €1,926,631 | +€689,889 | +55.8% |
| Trade receivables | 40 | €1,093,475 | €1,888,733 | +€795,259 | +72.7% |
| Other amounts receivable | 41 | €143,267 | €37,898 | -€105,369 | -73.5% |
| Cash at bank and in hand | 54/58 | €3,264,053 | €4,254,141 | +€990,089 | +30.3% |
| Deferred charges and accrued income | 490/1 | €40 | €22,372 | +€22,332 | +55,346% |
| Total equity and liabilities | 10/49 | €5,568,845 | €10,425,588 | +€4.9m | +87.2% |
| Equity | 10/15 | €2,247,837 | €3,815,625 | +€1.6m | +69.7% |
| Contributions | 10/11 | €78,600 | €78,600 | = | 0.0% |
| Contributions outside capital | 11 | €78,600 | €78,600 | = | 0.0% |
| Other | 1109/19 | €78,600 | €78,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,167,377 | €3,735,165 | +€1.6m | +72.3% |
| Amounts payable | 17/49 | €3,321,008 | €6,609,963 | +€3.3m | +99.0% |
| Amounts payable after more than one year | 17 | €771,003 | €3,834,678 | +€3.1m | +397% |
| Financial debts | 170/4 | €771,003 | €3,834,678 | +€3.1m | +397% |
| Amounts payable within one year | 42/48 | €2,550,005 | €2,775,285 | +€225,280 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €38,294 | €124,848 | +€86,554 | +226% |
| Trade debts | 44 | €987,901 | €1,147,199 | +€159,298 | +16.1% |
| Suppliers | 440/4 | €987,901 | €1,147,199 | +€159,298 | +16.1% |
| Taxes, remuneration and social security | 45 | €895,649 | €969,144 | +€73,494 | +8.2% |
| Taxes | 450/3 | €815,473 | €772,174 | -€43,298 | -5.3% |
| Remuneration and social security | 454/9 | €80,177 | €196,969 | +€116,793 | +146% |
| Other amounts payable | 47/48 | €628,161 | €534,094 | -€94,067 | -15.0% |
| Remuneration, social security and pensions | 62 | €338,896 | €992,395 | +€653,500 | +193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,792 | €516,391 | +€441,599 | +590% |
| Other operating charges | 640/8 | €9,997 | €24,410 | +€14,413 | +144% |
| Non-recurring operating charges | 66A | €1,366 | - | -€1,366 | |
| Gross operating margin | 9900 | €3,338,974 | €4,262,208 | +€923,234 | +27.7% |
| Operating profit (loss) | 9901 | €2,913,923 | €2,729,011 | -€184,912 | -6.3% |
| Financial income | 75/76B | €2,154 | €6,030 | +€3,875 | +180% |
| Recurring financial income | 75 | €2,154 | €6,030 | +€3,875 | +180% |
| Financial charges | 65/66B | €27,323 | €104,260 | +€76,937 | +282% |
| Recurring financial charges | 65 | €27,323 | €104,260 | +€76,937 | +282% |
| Profit (loss) for the period before taxes | 9903 | €2,888,753 | €2,630,780 | -€257,973 | -8.9% |
| Income taxes | 67/77 | €772,914 | €720,135 | -€52,779 | -6.8% |
| Profit (loss) for the period | 9904 | €2,115,839 | €1,910,645 | -€205,195 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,115,839 | €1,910,645 | -€205,195 | -9.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.