De Cluyse: 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.
De Cluyse
Largest movements
- Tangible fixed assets -€10,816
down €10,816 (-4.5%), from €239,619 to €228,803
- Cash -€6,672
down €6,672 (-46.8%), from €14,242 to €7,570
mainly Contributions, distributions and other (-€20,000) and Receivables within one year (-€175)
- Revaluation surpluses -€9,091
down €9,091 (-6.5%), from €139,886 to €130,795
- Reserves -€8,268
down €8,268 (-10.7%), from €77,220 to €68,951
of which Distributable reserves: -€8,268
- Gross operating margin +€574
up €574 (+2.7%), from €21,314 to €21,887
- Taxes -€538
down €538 (-13.1%), from €4,100 to €3,562
- Depreciation -€327
down €327 (-2.9%), from €11,143 to €10,816
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 | €254,506 | €237,213 | -€17,293 | -6.8% |
| Fixed assets | 21/28 | €239,619 | €228,803 | -€10,816 | -4.5% |
| Tangible fixed assets | 22/27 | €239,619 | €228,803 | -€10,816 | -4.5% |
| Land and buildings | 22 | €239,619 | €228,803 | -€10,816 | -4.5% |
| Current assets | 29/58 | €14,887 | €8,409 | -€6,478 | -43.5% |
| Amounts receivable within one year | 40/41 | €15 | €190 | +€175 | +1165.7% |
| Other amounts receivable | 41 | €15 | €190 | +€175 | +1165.7% |
| Cash at bank and in hand | 54/58 | €14,242 | €7,570 | -€6,672 | -46.8% |
| Deferred charges and accrued income | 490/1 | €630 | €649 | +€20 | +3.1% |
| Total equity and liabilities | 10/49 | €254,506 | €237,213 | -€17,293 | -6.8% |
| Equity | 10/15 | €254,506 | €237,147 | -€17,359 | -6.8% |
| Contributions | 10/11 | €37,400 | €37,400 | = | 0.0% |
| Revaluation surpluses | 12 | €139,886 | €130,795 | -€9,091 | -6.5% |
| Reserves | 13 | €77,220 | €68,951 | -€8,268 | -10.7% |
| Tax-exempt reserves | 132 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €74,720 | €66,451 | -€8,268 | -11.1% |
| Amounts payable | 17/49 | - | €66 | +€66 | |
| Amounts payable within one year | 42/48 | - | €66 | +€66 | |
| Trade debts | 44 | - | €66 | +€66 | |
| Suppliers | 440/4 | - | €66 | +€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,143 | €10,816 | -€327 | -2.9% |
| Other operating charges | 640/8 | €4,701 | €4,846 | +€146 | +3.1% |
| Gross operating margin | 9900 | €21,314 | €21,887 | +€574 | +2.7% |
| Operating profit (loss) | 9901 | €5,470 | €6,225 | +€756 | +13.8% |
| Financial income | 75/76B | €12 | €51 | +€39 | +336.5% |
| Recurring financial income | 75 | €12 | €51 | +€39 | +336.5% |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.5% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €5,412 | €6,203 | +€790 | +14.6% |
| Income taxes | 67/77 | €4,100 | €3,562 | -€538 | -13.1% |
| Profit (loss) for the period | 9904 | €1,313 | €2,641 | +€1,328 | +101.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,313 | €2,641 | +€1,328 | +101.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.