CLOS DE LEVAL: 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.
CLOS DE LEVAL
Largest movements
- Tangible fixed assets +€375,855
up €375,855 (+18.6%), from €2.0m to €2.4m
of which Land and buildings: +€376,449
- Receivables within one year +€32,828
up €32,828 (+7.8%), from €419,431 to €452,259
of which Other amounts receivable: +€32,613
- Other debts +€614,886
up €614,886 (+58.7%), from €1.0m to €1.7m
- Profit (loss) carried forward -€223,535
down €223,535 (-76.1%), from -€293,696 to -€517,231
- Other operating charges +€67,086
up €67,086 (+1274.3%), from €5,265 to €72,350
- Depreciation +€55,650
up €55,650 (+43.9%), from €126,626 to €182,276
- Gross operating margin +€1,886
up €1,886 (+33.3%), from €5,671 to €7,557
- Financial income -€794
down €794 (-3.3%), from €24,408 to €23,613
- Financial charges -€101
down €101 (-56.5%), from €179 to €78
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 | €2,462,264 | €2,868,539 | +€406,275 | +16.5% |
| Fixed assets | 21/28 | €2,020,042 | €2,395,898 | +€375,855 | +18.6% |
| Tangible fixed assets | 22/27 | €2,019,162 | €2,395,018 | +€375,855 | +18.6% |
| Land and buildings | 22 | €2,017,755 | €2,394,204 | +€376,449 | +18.7% |
| Plant, machinery and equipment | 23 | €1,407 | €813 | -€594 | -42.2% |
| Financial fixed assets | 28 | €880 | €880 | = | 0.0% |
| Current assets | 29/58 | €442,221 | €472,641 | +€30,420 | +6.9% |
| Amounts receivable within one year | 40/41 | €419,431 | €452,259 | +€32,828 | +7.8% |
| Trade receivables | 40 | €0 | €215 | +€215 | |
| Other amounts receivable | 41 | €419,431 | €452,044 | +€32,613 | +7.8% |
| Cash at bank and in hand | 54/58 | €19,830 | €17,363 | -€2,467 | -12.4% |
| Deferred charges and accrued income | 490/1 | €2,960 | €3,020 | +€60 | +2.0% |
| Total equity and liabilities | 10/49 | €2,462,264 | €2,868,539 | +€406,275 | +16.5% |
| Equity | 10/15 | €1,406,304 | €1,182,769 | -€223,535 | -15.9% |
| Contributions | 10/11 | €1,700,000 | €1,700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€293,696 | -€517,231 | -€223,535 | -76.1% |
| Amounts payable | 17/49 | €1,055,960 | €1,685,770 | +€629,810 | +59.6% |
| Amounts payable within one year | 42/48 | €1,055,960 | €1,685,770 | +€629,810 | +59.6% |
| Trade debts | 44 | €8,847 | €23,770 | +€14,924 | +168.7% |
| Suppliers | 440/4 | €8,847 | €23,770 | +€14,924 | +168.7% |
| Other amounts payable | 47/48 | €1,047,113 | €1,662,000 | +€614,886 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,626 | €182,276 | +€55,650 | +43.9% |
| Other operating charges | 640/8 | €5,265 | €72,350 | +€67,086 | +1274.3% |
| Gross operating margin | 9900 | €5,671 | €7,557 | +€1,886 | +33.3% |
| Operating profit (loss) | 9901 | -€126,220 | -€247,070 | -€120,849 | -95.7% |
| Financial income | 75/76B | €24,408 | €23,613 | -€794 | -3.3% |
| Recurring financial income | 75 | €24,408 | €23,613 | -€794 | -3.3% |
| Financial charges | 65/66B | €179 | €78 | -€101 | -56.5% |
| Recurring financial charges | 65 | €179 | €78 | -€101 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | -€101,992 | -€223,535 | -€121,543 | -119.2% |
| Profit (loss) for the period | 9904 | -€101,992 | -€223,535 | -€121,543 | -119.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€101,992 | -€223,535 | -€121,543 | -119.2% |
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 8 October 2026 via checked.be.