CLUYTEN: 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.
CLUYTEN
Largest movements
- Cash -€19,536
down €19,536 (-9.3%), from €209,466 to €189,930
mainly Other debts (-€256,365) and Investment in fixed assets (net) (-€50,643)
- Stocks and contracts -€11,463
down €11,463 (-7.5%), from €152,401 to €140,937
- Other debts -€256,365
down €256,365 (-96.8%), from €264,754 to €8,389
- Reserves +€143,058
up €143,058 (+373%), from €38,389 to €181,447
of which Distributable reserves: +€173,058
- Debts after one year +€63,955
up €63,955 (+638%), from €10,019 to €73,974
- Current portion of long-term debt +€10,026
up €10,026 (+29.7%), from €33,813 to €43,839
- Gross operating margin +€205,206
up €205,206 (+340%), from €60,410 to €265,616
- Taxes +€50,540
new in 2025: €50,540
- Financial income +€2,938
up €2,938 (+1,658%), from €177 to €3,115
- Staff costs -€2,706
down €2,706 (-100%), from €2,706 to €0
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 | €738,157 | €705,838 | -€32,319 | -4.4% |
| Fixed assets | 21/28 | €341,766 | €340,578 | -€1,188 | -0.3% |
| Tangible fixed assets | 22/27 | €341,766 | €340,578 | -€1,188 | -0.3% |
| Land and buildings | 22 | €294,388 | €176,328 | -€118,060 | -40.1% |
| Plant, machinery and equipment | 23 | €18,306 | €7,977 | -€10,329 | -56.4% |
| Furniture and vehicles | 24 | €29,072 | €156,273 | +€127,201 | +438% |
| Current assets | 29/58 | €396,391 | €365,260 | -€31,131 | -7.9% |
| Stocks and contracts in progress | 3 | €152,401 | €140,937 | -€11,463 | -7.5% |
| Stocks | 30/36 | €152,401 | €140,937 | -€11,463 | -7.5% |
| Amounts receivable within one year | 40/41 | €26,468 | €30,562 | +€4,095 | +15.5% |
| Trade receivables | 40 | €16,468 | €25,529 | +€9,062 | +55.0% |
| Other amounts receivable | 41 | €10,000 | €5,033 | -€4,967 | -49.7% |
| Cash at bank and in hand | 54/58 | €209,466 | €189,930 | -€19,536 | -9.3% |
| Deferred charges and accrued income | 490/1 | €8,057 | €3,830 | -€4,226 | -52.5% |
| Total equity and liabilities | 10/49 | €738,157 | €705,838 | -€32,319 | -4.4% |
| Equity | 10/15 | €422,866 | €565,924 | +€143,058 | +33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,389 | €181,447 | +€143,058 | +373% |
| Non-distributable reserves | 130/1 | €30,000 | €0 | -€30,000 | -100% |
| Reserves not available under the articles | 1311 | €30,000 | €0 | -€30,000 | -100% |
| Distributable reserves | 133 | €8,389 | €181,447 | +€173,058 | +2,063% |
| Profit (loss) carried forward | 14 | €365,877 | €365,877 | = | 0.0% |
| Amounts payable | 17/49 | €315,291 | €139,914 | -€175,377 | -55.6% |
| Amounts payable after more than one year | 17 | €10,019 | €73,974 | +€63,955 | +638% |
| Financial debts | 170/4 | €10,019 | €73,974 | +€63,955 | +638% |
| Amounts payable within one year | 42/48 | €305,272 | €65,661 | -€239,610 | -78.5% |
| Current portion of amounts payable after more than one year | 42 | €33,813 | €43,839 | +€10,026 | +29.7% |
| Trade debts | 44 | €4,013 | €4,908 | +€895 | +22.3% |
| Suppliers | 440/4 | €4,013 | €4,908 | +€895 | +22.3% |
| Advances received on contracts in progress | 46 | €142 | €0 | -€142 | -100% |
| Taxes, remuneration and social security | 45 | €2,549 | €8,524 | +€5,975 | +234% |
| Taxes | 450/3 | €49 | €5,774 | +€5,725 | +11,622% |
| Remuneration and social security | 454/9 | €2,500 | €2,750 | +€250 | +10.0% |
| Other amounts payable | 47/48 | €264,754 | €8,389 | -€256,365 | -96.8% |
| Accrued charges and deferred income | 492/3 | €0 | €278 | +€278 | |
| Remuneration, social security and pensions | 62 | €2,706 | €0 | -€2,706 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,615 | €51,831 | +€217 | +0.4% |
| Other operating charges | 640/8 | €9,210 | €9,743 | +€533 | +5.8% |
| Gross operating margin | 9900 | €60,410 | €265,616 | +€205,206 | +340% |
| Operating profit (loss) | 9901 | -€3,121 | €204,042 | +€207,163 | |
| Financial income | 75/76B | €177 | €3,115 | +€2,938 | +1,658% |
| Recurring financial income | 75 | €177 | €3,115 | +€2,938 | +1,658% |
| Financial charges | 65/66B | €4,106 | €5,169 | +€1,064 | +25.9% |
| Recurring financial charges | 65 | €4,106 | €5,169 | +€1,064 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,049 | €201,988 | +€209,037 | |
| Income taxes | 67/77 | - | €50,540 | +€50,540 | |
| Profit (loss) for the period | 9904 | -€7,049 | €151,447 | +€158,496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,049 | €151,447 | +€158,496 |
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 27 October 2026 via checked.be.