Cleys J.: what changed
What changed
Cleys J.
NACE 41.003, General construction of other non-residential buildings
filed annual accounts (NBB)
Net result for the year
€16,207
2024 · €68,989-€52,781
Equity
€485,716
2024 · €469,508+€16,207
Cash
€84,815
2024 · €153,593-€68,778
Balance sheet total
€1.4m
2024 · €1.4m+€9,960
Largest movements
Assets
- Cash -€68,778
down €68,778 (-44.8%), from €153,593 to €84,815
mainly Investment in fixed assets (net) (-€237,702) and Trade debts (-€49,046)
- Receivables within one year +€35,886
up €35,886 (+12.8%), from €280,168 to €316,054
of which Trade receivables: +€37,347
- Tangible fixed assets +€34,292
up €34,292 (+3.7%), from €927,174 to €961,466
of which Plant, machinery and equipment: +€157,875
Equity and liabilities
- Trade debts -€49,046
down €49,046 (-49.8%), from €98,481 to €49,435
- Current portion of long-term debt +€41,807
up €41,807 (+29.9%), from €139,744 to €181,551
- Debts after one year +€32,706
up €32,706 (+5.7%), from €575,375 to €608,080
- Other debts -€31,641
down €31,641 (-77.4%), from €40,899 to €9,258
- Reserves +€16,207
up €16,207 (+3.5%), from €457,108 to €473,316
of which Distributable reserves: +€16,207
Income statement
- Staff costs +€66,246
up €66,246 (+86.5%), from €76,618 to €142,864
- Depreciation +€24,459
up €24,459 (+13.7%), from €178,950 to €203,410
- Gross operating margin +€19,881
up €19,881 (+4.9%), from €401,976 to €421,857
- Taxes -€13,251
down €13,251 (-50.5%), from €26,248 to €12,997
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
€68,989
Gross operating margin
+€19,881
Staff costs
-€66,246
Depreciation
-€24,459
Other operating charges
+€4,180
Other operating items
-€211
Financial income
+€3,167
Financial charges
-€2,345
Taxes
+€13,251
Result 2025
€16,207
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
+€94,861
Investment
-€237,702
Financing
+€74,063
Cash 2024
€153,593
From operations (derived)
+€94,861
Net result for the year
+€16,207
Depreciation
+€203,410
Stocks and contracts
-€430
Receivables within one year
-€35,886
Deferred charges and accrued income
-€8,130
Trade debts
-€49,046
Tax, wage and social debts
+€5,391
Other debts
-€31,641
Accrued charges and deferred income
-€5,014
Investment (derived)
-€237,702
Investment in fixed assets (net)
-€237,702
Financing
+€74,063
Debts after one year
+€32,706
Current portion of long-term debt
+€41,807
Short-term financial debts
-€449
Cash 2025
€84,815
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,375,731 | €1,385,691 | +€9,960 | +0.7% |
| Fixed assets | 21/28 | €931,719 | €966,011 | +€34,292 | +3.7% |
| Tangible fixed assets | 22/27 | €927,174 | €961,466 | +€34,292 | +3.7% |
| Land and buildings | 22 | €459,866 | €451,918 | -€7,947 | -1.7% |
| Plant, machinery and equipment | 23 | €111,942 | €269,817 | +€157,875 | +141% |
| Furniture and vehicles | 24 | €11,276 | €20,185 | +€8,909 | +79.0% |
| Leasing and similar rights | 25 | €344,090 | €219,545 | -€124,545 | -36.2% |
| Financial fixed assets | 28 | €4,545 | €4,545 | = | 0.0% |
| Current assets | 29/58 | €444,013 | €419,680 | -€24,333 | -5.5% |
| Stocks and contracts in progress | 3 | €5,248 | €5,678 | +€430 | +8.2% |
| Stocks | 30/36 | €5,248 | €5,678 | +€430 | +8.2% |
| Amounts receivable within one year | 40/41 | €280,168 | €316,054 | +€35,886 | +12.8% |
| Trade receivables | 40 | €271,680 | €309,027 | +€37,347 | +13.7% |
| Other amounts receivable | 41 | €8,488 | €7,027 | -€1,461 | -17.2% |
| Cash at bank and in hand | 54/58 | €153,593 | €84,815 | -€68,778 | -44.8% |
| Deferred charges and accrued income | 490/1 | €5,003 | €13,133 | +€8,130 | +162% |
| Total equity and liabilities | 10/49 | €1,375,731 | €1,385,691 | +€9,960 | +0.7% |
| Equity | 10/15 | €469,508 | €485,716 | +€16,207 | +3.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €457,108 | €473,316 | +€16,207 | +3.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €42,108 | €42,108 | = | 0.0% |
| Distributable reserves | 133 | €415,000 | €431,207 | +€16,207 | +3.9% |
| Amounts payable | 17/49 | €906,223 | €899,976 | -€6,247 | -0.7% |
| Amounts payable after more than one year | 17 | €575,375 | €608,080 | +€32,706 | +5.7% |
| Financial debts | 170/4 | €575,375 | €608,080 | +€32,706 | +5.7% |
| Amounts payable within one year | 42/48 | €325,835 | €291,895 | -€33,939 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €139,744 | €181,551 | +€41,807 | +29.9% |
| Financial debts | 43 | €16,483 | €16,033 | -€449 | -2.7% |
| Credit institutions | 430/8 | €979 | €1,033 | +€55 | +5.6% |
| Other loans | 439 | €15,504 | €15,000 | -€504 | -3.3% |
| Trade debts | 44 | €98,481 | €49,435 | -€49,046 | -49.8% |
| Suppliers | 440/4 | €98,481 | €49,435 | -€49,046 | -49.8% |
| Taxes, remuneration and social security | 45 | €30,228 | €35,619 | +€5,391 | +17.8% |
| Taxes | 450/3 | €13,284 | €16,128 | +€2,843 | +21.4% |
| Remuneration and social security | 454/9 | €16,944 | €19,491 | +€2,548 | +15.0% |
| Other amounts payable | 47/48 | €40,899 | €9,258 | -€31,641 | -77.4% |
| Accrued charges and deferred income | 492/3 | €5,014 | €0 | -€5,014 | -100% |
| Non-recurring operating income | 76A | €22,648 | €5,906 | -€16,742 | -73.9% |
| Remuneration, social security and pensions | 62 | €76,618 | €142,864 | +€66,246 | +86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,950 | €203,410 | +€24,459 | +13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €16,414 | €12,234 | -€4,180 | -25.5% |
| Non-recurring operating charges | 66A | €100 | €310 | +€211 | +211% |
| Gross operating margin | 9900 | €401,976 | €421,857 | +€19,881 | +4.9% |
| Operating profit (loss) | 9901 | €129,894 | €63,040 | -€66,854 | -51.5% |
| Financial income | 75/76B | €132 | €3,299 | +€3,167 | +2,399% |
| Recurring financial income | 75 | €132 | €3,299 | +€3,167 | +2,399% |
| Financial charges | 65/66B | €34,789 | €37,134 | +€2,345 | +6.7% |
| Recurring financial charges | 65 | €34,789 | €37,134 | +€2,345 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €95,236 | €29,204 | -€66,032 | -69.3% |
| Income taxes | 67/77 | €26,248 | €12,997 | -€13,251 | -50.5% |
| Profit (loss) for the period | 9904 | €68,989 | €16,207 | -€52,781 | -76.5% |
| Transfer to tax-exempt reserves | 689 | €21,054 | €0 | -€21,054 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €47,934 | €16,207 | -€31,727 | -66.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.