CLOTURE LIEGE: what changed
CLOTURE LIEGE
Largest movements
- Receivables within one year +€16,831
up €16,831 (+160%), from €10,540 to €27,371
of which Trade receivables: +€18,615
- Tangible fixed assets -€12,782
down €12,782 (-56.7%), from €22,547 to €9,765
- Stocks and contracts -€12,050
down €12,050 (-16.1%), from €75,070 to €63,020
- Cash +€5,076
up €5,076 (+68.5%), from €7,411 to €12,487
mainly Depreciation (+€13,282) and Stocks and contracts (+€12,050)
- Deferred charges and accrued income +€1,737
up €1,737 (+3,474%), from €50 to €1,787
- Other debts -€10,234
down €10,234 (-6.8%), from €150,031 to €139,796
- Trade debts +€10,000
up €10,000 (+54.3%), from €18,408 to €28,407
- Profit (loss) carried forward +€6,100
up €6,100 (+4.3%), from -€140,793 to -€134,693
- Debts after one year -€3,909
no longer reported in 2025 (was €3,909)
- Current portion of long-term debt -€2,703
down €2,703 (-40.9%), from €6,612 to €3,909
- Gross operating margin +€64,618
up €64,618 (+180%), from €35,810 to €100,428
- Staff costs -€12,031
down €12,031 (-14.3%), from €84,371 to €72,340
- Other operating charges -€4,760
down €4,760 (-88.7%), from €5,368 to €608
- Financial charges +€2,167
up €2,167 (+34.9%), from €6,212 to €8,379
- Depreciation +€1,789
up €1,789 (+15.6%), from €11,493 to €13,282
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,618 | €114,429 | -€1,189 | -1.0% |
| Fixed assets | 21/28 | €22,547 | €9,765 | -€12,782 | -56.7% |
| Tangible fixed assets | 22/27 | €22,547 | €9,765 | -€12,782 | -56.7% |
| Plant, machinery and equipment | 23 | €6,624 | €2,911 | -€3,713 | -56.1% |
| Furniture and vehicles | 24 | €9,941 | €6,558 | -€3,382 | -34.0% |
| Leasing and similar rights | 25 | €5,983 | €296 | -€5,687 | -95.1% |
| Current assets | 29/58 | €93,071 | €104,664 | +€11,593 | +12.5% |
| Stocks and contracts in progress | 3 | €75,070 | €63,020 | -€12,050 | -16.1% |
| Stocks | 30/36 | €75,070 | €63,020 | -€12,050 | -16.1% |
| Amounts receivable within one year | 40/41 | €10,540 | €27,371 | +€16,831 | +160% |
| Trade receivables | 40 | €8,267 | €26,882 | +€18,615 | +225% |
| Other amounts receivable | 41 | €2,272 | €489 | -€1,783 | -78.5% |
| Cash at bank and in hand | 54/58 | €7,411 | €12,487 | +€5,076 | +68.5% |
| Deferred charges and accrued income | 490/1 | €50 | €1,787 | +€1,737 | +3,474% |
| Total equity and liabilities | 10/49 | €115,618 | €114,429 | -€1,189 | -1.0% |
| Equity | 10/15 | -€125,793 | -€119,693 | +€6,100 | +4.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,793 | -€134,693 | +€6,100 | +4.3% |
| Amounts payable | 17/49 | €241,412 | €234,123 | -€7,289 | -3.0% |
| Amounts payable after more than one year | 17 | €3,909 | - | -€3,909 | |
| Financial debts | 170/4 | €3,909 | - | -€3,909 | |
| Amounts payable within one year | 42/48 | €237,361 | €234,123 | -€3,238 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €6,612 | €3,909 | -€2,703 | -40.9% |
| Financial debts | 43 | €50,000 | €49,920 | -€80 | -0.2% |
| Credit institutions | 430/8 | €50,000 | €49,920 | -€80 | -0.2% |
| Trade debts | 44 | €18,408 | €28,407 | +€10,000 | +54.3% |
| Suppliers | 440/4 | €18,408 | €28,407 | +€10,000 | +54.3% |
| Taxes, remuneration and social security | 45 | €12,311 | €12,090 | -€221 | -1.8% |
| Taxes | 450/3 | €1,051 | €6,425 | +€5,374 | +511% |
| Remuneration and social security | 454/9 | €11,259 | €5,665 | -€5,594 | -49.7% |
| Other amounts payable | 47/48 | €150,031 | €139,796 | -€10,234 | -6.8% |
| Accrued charges and deferred income | 492/3 | €142 | - | -€142 | |
| Remuneration, social security and pensions | 62 | €84,371 | €72,340 | -€12,031 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,493 | €13,282 | +€1,789 | +15.6% |
| Other operating charges | 640/8 | €5,368 | €608 | -€4,760 | -88.7% |
| Gross operating margin | 9900 | €35,810 | €100,428 | +€64,618 | +180% |
| Operating profit (loss) | 9901 | -€65,422 | €14,197 | +€79,620 | |
| Financial income | 75/76B | €1,158 | €281 | -€877 | -75.7% |
| Recurring financial income | 75 | €1,158 | €281 | -€877 | -75.7% |
| Financial charges | 65/66B | €6,212 | €8,379 | +€2,167 | +34.9% |
| Recurring financial charges | 65 | €6,212 | €8,379 | +€2,167 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | -€70,476 | €6,100 | +€76,576 | |
| Profit (loss) for the period | 9904 | -€70,476 | €6,100 | +€76,576 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,476 | €6,100 | +€76,576 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.