Clossetcadeaux: what changed
Two financial 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.
Clossetcadeaux
Largest movements
- Tangible fixed assets -€31,755
down €31,755 (-27.5%), from €115,489 to €83,733
of which Land and buildings: -€29,940
- Cash +€5,626
up €5,626 (+40.1%), from €14,034 to €19,659
mainly Depreciation (+€35,445) and Other debts (+€19,503)
- Stocks and contracts -€1,948
down €1,948 (-4.7%), from €41,042 to €39,094
- Debts after one year -€34,465
down €34,465 (-34.1%), from €101,107 to €66,642
of which Financial debts: -€34,465
- Profit (loss) carried forward -€20,132
down €20,132, from €2,949 to -€17,183
- Other debts +€19,503
up €19,503 (+155%), from €12,618 to €32,121
- Short-term financial debts +€8,738
new in 2025: €8,738
- Gross operating margin -€16,496
down €16,496 (-37.9%), from €43,525 to €27,029
- Financial charges +€1,471
up €1,471 (+29.6%), from €4,966 to €6,437
- Depreciation +€863
up €863 (+2.5%), from €34,582 to €35,445
- Financial income -€583
down €583 (-85.9%), from €678 to €95
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.
Derived cash bridge
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 | €186,533 | €159,981 | -€26,552 | -14.2% |
| Fixed assets | 21/28 | €128,822 | €97,066 | -€31,755 | -24.7% |
| Tangible fixed assets | 22/27 | €115,489 | €83,733 | -€31,755 | -27.5% |
| Land and buildings | 22 | €96,942 | €67,001 | -€29,940 | -30.9% |
| Plant, machinery and equipment | 23 | €18,547 | €16,732 | -€1,815 | -9.8% |
| Financial fixed assets | 28 | €13,333 | €13,333 | = | 0.0% |
| Current assets | 29/58 | €57,711 | €62,915 | +€5,203 | +9.0% |
| Stocks and contracts in progress | 3 | €41,042 | €39,094 | -€1,948 | -4.7% |
| Stocks | 30/36 | €41,042 | €39,094 | -€1,948 | -4.7% |
| Amounts receivable within one year | 40/41 | €2,635 | €4,161 | +€1,526 | +57.9% |
| Trade receivables | 40 | €2,616 | €4,161 | +€1,545 | +59.1% |
| Other amounts receivable | 41 | €19 | - | -€19 | |
| Cash at bank and in hand | 54/58 | €14,034 | €19,659 | +€5,626 | +40.1% |
| Total equity and liabilities | 10/49 | €186,533 | €159,981 | -€26,552 | -14.2% |
| Equity | 10/15 | €27,949 | €7,817 | -€20,132 | -72.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,949 | -€17,183 | -€20,132 | |
| Amounts payable | 17/49 | €158,583 | €152,164 | -€6,420 | -4.0% |
| Amounts payable after more than one year | 17 | €101,107 | €66,642 | -€34,465 | -34.1% |
| Financial debts | 170/4 | €61,107 | €26,642 | -€34,465 | -56.4% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,477 | €85,521 | +€28,045 | +48.8% |
| Current portion of amounts payable after more than one year | 42 | €33,926 | €35,096 | +€1,169 | +3.4% |
| Financial debts | 43 | - | €8,738 | +€8,738 | |
| Credit institutions | 430/8 | - | €8,738 | +€8,738 | |
| Trade debts | 44 | €9,031 | €8,744 | -€287 | -3.2% |
| Suppliers | 440/4 | €9,031 | €8,744 | -€287 | -3.2% |
| Taxes, remuneration and social security | 45 | €1,901 | €822 | -€1,079 | -56.8% |
| Taxes | 450/3 | €1,901 | €822 | -€1,079 | -56.8% |
| Other amounts payable | 47/48 | €12,618 | €32,121 | +€19,503 | +155% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,582 | €35,445 | +€863 | +2.5% |
| Other operating charges | 640/8 | €5,817 | €5,388 | -€429 | -7.4% |
| Gross operating margin | 9900 | €43,525 | €27,029 | -€16,496 | -37.9% |
| Operating profit (loss) | 9901 | €3,126 | -€13,804 | -€16,930 | |
| Financial income | 75/76B | €678 | €95 | -€583 | -85.9% |
| Recurring financial income | 75 | €678 | €95 | -€583 | -85.9% |
| Financial charges | 65/66B | €4,966 | €6,437 | +€1,471 | +29.6% |
| Recurring financial charges | 65 | €4,966 | €6,437 | +€1,471 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,162 | -€20,146 | -€18,985 | -1,634% |
| Income taxes | 67/77 | -€50 | -€14 | +€36 | +72.0% |
| Profit (loss) for the period | 9904 | -€1,112 | -€20,132 | -€19,021 | -1,711% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,112 | -€20,132 | -€19,021 | -1,711% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.