CLOET TECHNICS: what changed
What changed
CLOET TECHNICS
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€911
2024 · €84,106-€83,196
Equity
€257,141
2024 · €256,230+€911
Cash
€15,833
2024 · €38,407-€22,575
Balance sheet total
€441,937
2024 · €488,332-€46,395
Largest movements
Assets
- Tangible fixed assets -€27,504
down €27,504 (-12.7%), from €216,941 to €189,438
of which Furniture and vehicles: -€18,246
- Cash -€22,575
down €22,575 (-58.8%), from €38,407 to €15,833
mainly Tax, wage and social debts (-€24,797) and Debts after one year (-€19,005)
Equity and liabilities
- Tax, wage and social debts -€24,797
down €24,797 (-54.8%), from €45,243 to €20,446
of which Taxes: -€24,797
- Debts after one year -€19,005
down €19,005 (-11.9%), from €159,565 to €140,560
Income statement
- Gross operating margin -€108,468
down €108,468 (-75.5%), from €143,717 to €35,249
- Taxes -€21,123
down €21,123 (-93.5%), from €22,581 to €1,458
- Financial income +€3,846
up €3,846 (+45,565%), from €8 to €3,854
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
€84,106
Gross operating margin
-€108,468
Other operating charges
-€59
Financial income
+€3,846
Financial charges
+€362
Taxes
+€21,123
Result 2025
€911
raises the resultlowers the result
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
-€941
Investment
€0
Financing
-€21,634
Cash 2024
€38,407
From operations (derived)
-€941
Net result for the year
+€911
Depreciation
+€27,504
Receivables within one year
-€939
Deferred charges and accrued income
-€2,745
Trade debts
-€874
Tax, wage and social debts
-€24,797
Financing
-€21,634
Debts after one year
-€19,005
Current portion of long-term debt
-€2,629
Cash 2025
€15,833
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €488,332 | €441,937 | -€46,395 | -9.5% |
| Fixed assets | 21/28 | €216,941 | €189,438 | -€27,504 | -12.7% |
| Tangible fixed assets | 22/27 | €216,941 | €189,438 | -€27,504 | -12.7% |
| Land and buildings | 22 | €153,554 | €144,297 | -€9,257 | -6.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €63,387 | €45,141 | -€18,246 | -28.8% |
| Current assets | 29/58 | €271,391 | €252,500 | -€18,891 | -7.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €209,026 | €209,965 | +€939 | +0.4% |
| Trade receivables | 40 | €36,402 | €36,771 | +€369 | +1.0% |
| Other amounts receivable | 41 | €172,625 | €173,194 | +€570 | +0.3% |
| Cash at bank and in hand | 54/58 | €38,407 | €15,833 | -€22,575 | -58.8% |
| Deferred charges and accrued income | 490/1 | €23,957 | €26,702 | +€2,745 | +11.5% |
| Total equity and liabilities | 10/49 | €488,332 | €441,937 | -€46,395 | -9.5% |
| Equity | 10/15 | €256,230 | €257,141 | +€911 | +0.4% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | €251,430 | €252,341 | +€911 | +0.4% |
| Distributable reserves | 133 | €251,430 | €252,341 | +€911 | +0.4% |
| Amounts payable | 17/49 | €232,102 | €184,796 | -€47,306 | -20.4% |
| Amounts payable after more than one year | 17 | €159,565 | €140,560 | -€19,005 | -11.9% |
| Financial debts | 170/4 | €159,565 | €140,560 | -€19,005 | -11.9% |
| Amounts payable within one year | 42/48 | €72,537 | €44,237 | -€28,300 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €21,634 | €19,005 | -€2,629 | -12.2% |
| Trade debts | 44 | €5,659 | €4,785 | -€874 | -15.5% |
| Suppliers | 440/4 | €5,659 | €4,785 | -€874 | -15.5% |
| Taxes, remuneration and social security | 45 | €45,243 | €20,446 | -€24,797 | -54.8% |
| Taxes | 450/3 | €42,449 | €17,652 | -€24,797 | -58.4% |
| Remuneration and social security | 454/9 | €2,794 | €2,794 | = | 0.0% |
| Non-recurring operating income | 76A | €87,584 | €0 | -€87,584 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,504 | €27,504 | = | 0.0% |
| Other operating charges | 640/8 | €2,096 | €2,155 | +€59 | +2.8% |
| Gross operating margin | 9900 | €143,717 | €35,249 | -€108,468 | -75.5% |
| Operating profit (loss) | 9901 | €114,118 | €5,591 | -€108,527 | -95.1% |
| Financial income | 75/76B | €8 | €3,854 | +€3,846 | +45,565% |
| Recurring financial income | 75 | €8 | €3,854 | +€3,846 | +45,565% |
| Financial charges | 65/66B | €7,438 | €7,076 | -€362 | -4.9% |
| Recurring financial charges | 65 | €7,438 | €7,076 | -€362 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €106,688 | €2,369 | -€104,319 | -97.8% |
| Income taxes | 67/77 | €22,581 | €1,458 | -€21,123 | -93.5% |
| Profit (loss) for the period | 9904 | €84,106 | €911 | -€83,196 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,106 | €911 | -€83,196 | -98.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.