Clynvest: 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.
Clynvest
Largest movements
- Tangible fixed assets +€181,927
up €181,927 (+16.2%), from €1.1m to €1.3m
of which Land and buildings: +€208,883
- Receivables within one year -€20,487
down €20,487 (-64.1%), from €31,959 to €11,472
of which Trade receivables: -€25,311
- Debts after one year +€959,405
up €959,405 (+1,371%), from €70,000 to €1.0m
- Other debts -€704,406
down €704,406 (-99.9%), from €704,822 to €416
- Profit (loss) carried forward -€102,497
down €102,497 (-26.5%), from €387,508 to €285,011
- Accrued charges and deferred income +€30,928
up €30,928 (+1,153%), from €2,682 to €33,611
- Trade debts -€25,370
down €25,370 (-83.8%), from €30,266 to €4,895
- Financial income -€110,879
down €110,879 (-99.9%), from €110,983 to €104
- Financial charges +€31,345
up €31,345 (+3,558%), from €881 to €32,226
- Other operating charges -€10,591
down €10,591 (-66.8%), from €15,848 to €5,257
- Gross operating margin +€8,324
up €8,324 (+101%), from €8,242 to €16,566
- Depreciation +€7,868
up €7,868 (+10.7%), from €73,411 to €81,279
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 | €1,232,397 | €1,390,833 | +€158,436 | +12.9% |
| Fixed assets | 21/28 | €1,163,142 | €1,345,070 | +€181,927 | +15.6% |
| Tangible fixed assets | 22/27 | €1,124,564 | €1,306,491 | +€181,927 | +16.2% |
| Land and buildings | 22 | €1,019,127 | €1,228,010 | +€208,883 | +20.5% |
| Plant, machinery and equipment | 23 | €2,607 | €2,303 | -€304 | -11.7% |
| Furniture and vehicles | 24 | €94,611 | €67,959 | -€26,652 | -28.2% |
| Other tangible fixed assets | 26 | €8,219 | €8,219 | = | 0.0% |
| Financial fixed assets | 28 | €38,578 | €38,578 | = | 0.0% |
| Current assets | 29/58 | €69,255 | €45,763 | -€23,492 | -33.9% |
| Amounts receivable within one year | 40/41 | €31,959 | €11,472 | -€20,487 | -64.1% |
| Trade receivables | 40 | €25,311 | - | -€25,311 | |
| Other amounts receivable | 41 | €6,648 | €11,472 | +€4,824 | +72.6% |
| Current investments | 50/53 | €19,210 | €19,281 | +€71 | +0.4% |
| Cash at bank and in hand | 54/58 | €13,729 | €10,447 | -€3,282 | -23.9% |
| Deferred charges and accrued income | 490/1 | €4,357 | €4,564 | +€206 | +4.7% |
| Total equity and liabilities | 10/49 | €1,232,397 | €1,390,833 | +€158,436 | +12.9% |
| Equity | 10/15 | €424,627 | €322,130 | -€102,497 | -24.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €24,719 | €24,719 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,074 | €6,074 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,074 | €6,074 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,645 | €18,645 | = | 0.0% |
| Profit (loss) carried forward | 14 | €387,508 | €285,011 | -€102,497 | -26.5% |
| Amounts payable | 17/49 | €807,770 | €1,068,703 | +€260,933 | +32.3% |
| Amounts payable after more than one year | 17 | €70,000 | €1,029,405 | +€959,405 | +1,371% |
| Financial debts | 170/4 | €70,000 | €1,029,405 | +€959,405 | +1,371% |
| Amounts payable within one year | 42/48 | €735,088 | €5,687 | -€729,401 | -99.2% |
| Trade debts | 44 | €30,266 | €4,895 | -€25,370 | -83.8% |
| Suppliers | 440/4 | €30,266 | €4,895 | -€25,370 | -83.8% |
| Taxes, remuneration and social security | 45 | - | €375 | +€375 | |
| Taxes | 450/3 | - | €375 | +€375 | |
| Other amounts payable | 47/48 | €704,822 | €416 | -€704,406 | -99.9% |
| Accrued charges and deferred income | 492/3 | €2,682 | €33,611 | +€30,928 | +1,153% |
| Turnover | 70 | €36,931 | €40,224 | +€3,293 | +8.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €28,689 | €23,658 | -€5,031 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,411 | €81,279 | +€7,868 | +10.7% |
| Other operating charges | 640/8 | €15,848 | €5,257 | -€10,591 | -66.8% |
| Gross operating margin | 9900 | €8,242 | €16,566 | +€8,324 | +101% |
| Operating profit (loss) | 9901 | -€81,017 | -€69,970 | +€11,047 | +13.6% |
| Financial income | 75/76B | €110,983 | €104 | -€110,879 | -99.9% |
| Recurring financial income | 75 | €110,983 | €104 | -€110,879 | -99.9% |
| Financial charges | 65/66B | €881 | €32,226 | +€31,345 | +3,558% |
| Recurring financial charges | 65 | €881 | €32,226 | +€31,345 | +3,558% |
| Profit (loss) for the period before taxes | 9903 | €29,085 | -€102,092 | -€131,176 | |
| Income taxes | 67/77 | €407 | €405 | -€1 | -0.3% |
| Profit (loss) for the period | 9904 | €28,678 | -€102,497 | -€131,175 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,678 | -€102,497 | -€131,175 |
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 19 October 2026 via checked.be.