CLM IMMO: 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.
CLM IMMO
Largest movements
- Cash -€328,205
down €328,205 (-59.7%), from €549,658 to €221,453
mainly Receivables within one year (-€166,734) and Investment in fixed assets (net) (-€162,215)
- Receivables within one year +€166,734
up €166,734 (+27.9%), from €598,311 to €765,045
of which Other amounts receivable: +€166,197
- Tangible fixed assets +€136,044
up €136,044 (+53.7%), from €253,354 to €389,398
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€14,860
down €14,860 (-88.6%), from €16,778 to €1,918
- Depreciation +€5,966
up €5,966 (+29.5%), from €20,206 to €26,171
- Taxes -€5,723
no longer reported in 2025 (was €5,723)
- Gross operating margin -€5,311
down €5,311 (-20.0%), from €26,508 to €21,197
- Financial charges +€2,539
up €2,539 (+65.2%), from €3,896 to €6,435
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 | €1,411,270 | €1,387,346 | -€23,923 | -1.7% |
| Fixed assets | 21/28 | €253,354 | €389,398 | +€136,044 | +53.7% |
| Tangible fixed assets | 22/27 | €253,354 | €389,398 | +€136,044 | +53.7% |
| Land and buildings | 22 | €253,354 | €389,398 | +€136,044 | +53.7% |
| Current assets | 29/58 | €1,157,915 | €997,948 | -€159,967 | -13.8% |
| Amounts receivable within one year | 40/41 | €598,311 | €765,045 | +€166,734 | +27.9% |
| Trade receivables | 40 | - | €536 | +€536 | |
| Other amounts receivable | 41 | €598,311 | €764,508 | +€166,197 | +27.8% |
| Current investments | 50/53 | €6,987 | €6,987 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €549,658 | €221,453 | -€328,205 | -59.7% |
| Deferred charges and accrued income | 490/1 | €2,959 | €4,463 | +€1,504 | +50.8% |
| Total equity and liabilities | 10/49 | €1,411,270 | €1,387,346 | -€23,923 | -1.7% |
| Equity | 10/15 | €997,239 | €984,938 | -€12,302 | -1.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €931,469 | €918,343 | -€13,126 | -1.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €340,269 | €332,143 | -€8,126 | -2.4% |
| Distributable reserves | 133 | €585,000 | €580,000 | -€5,000 | -0.9% |
| Profit (loss) carried forward | 14 | €3,770 | €4,595 | +€825 | +21.9% |
| Provisions and deferred taxes | 16 | €113,715 | €111,006 | -€2,709 | -2.4% |
| Deferred taxes | 168 | €113,715 | €111,006 | -€2,709 | -2.4% |
| Amounts payable | 17/49 | €300,316 | €291,403 | -€8,913 | -3.0% |
| Amounts payable after more than one year | 17 | €104,752 | €96,096 | -€8,656 | -8.3% |
| Financial debts | 170/4 | €104,752 | €96,096 | -€8,656 | -8.3% |
| Amounts payable within one year | 42/48 | €193,998 | €193,360 | -€638 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €8,562 | €8,656 | +€94 | +1.1% |
| Trade debts | 44 | €3,543 | €3,538 | -€5 | -0.1% |
| Suppliers | 440/4 | €3,543 | €3,538 | -€5 | -0.1% |
| Taxes, remuneration and social security | 45 | €728 | - | -€728 | |
| Taxes | 450/3 | €728 | - | -€728 | |
| Other amounts payable | 47/48 | €181,166 | €181,166 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,566 | €1,947 | +€381 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,206 | €26,171 | +€5,966 | +29.5% |
| Other operating charges | 640/8 | €5,351 | €5,519 | +€168 | +3.1% |
| Gross operating margin | 9900 | €26,508 | €21,197 | -€5,311 | -20.0% |
| Operating profit (loss) | 9901 | €952 | -€10,493 | -€11,445 | |
| Financial income | 75/76B | €16,778 | €1,918 | -€14,860 | -88.6% |
| Recurring financial income | 75 | €16,778 | €1,918 | -€14,860 | -88.6% |
| Financial charges | 65/66B | €3,896 | €6,435 | +€2,539 | +65.2% |
| Recurring financial charges | 65 | €3,896 | €6,435 | +€2,539 | +65.2% |
| Profit (loss) for the period before taxes | 9903 | €13,834 | -€15,010 | -€28,844 | |
| Transfer from deferred taxes | 780 | €1,127 | €2,709 | +€1,581 | +140.3% |
| Income taxes | 67/77 | €5,723 | - | -€5,723 | |
| Profit (loss) for the period | 9904 | €9,238 | -€12,302 | -€21,539 | |
| Transfer from tax-exempt reserves | 789 | €3,382 | €8,126 | +€4,744 | +140.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,620 | -€4,175 | -€16,795 |
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 1 October 2026 via checked.be.