GROUP CLAEYS IMMO: 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.
GROUP CLAEYS IMMO
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+43.5%), from €3.3m to €4.7m
of which Assets under construction and advance payments: +€1.8m
- Receivables within one year -€308,891
down €308,891 (-81.1%), from €380,887 to €71,995
of which Other amounts receivable: -€307,245
- Cash -€125,252
down €125,252 (-77.8%), from €161,008 to €35,756
mainly Short-term financial debts (-€1.7m) and Investment in fixed assets (net) (-€1.4m)
- Short-term financial debts -€1.7m
down €1.7m (-100%), from €1.7m to €0
- Debts after one year +€1.4m
up €1.4m (+78.3%), from €1.8m to €3.3m
- Profit (loss) carried forward +€678,821
up €678,821 (+79.5%), from -€853,531 to -€174,710
- Other debts +€313,158
up €313,158 (+71.2%), from €440,000 to €753,158
- Trade debts +€187,632
up €187,632 (+7,741%), from €2,424 to €190,056
- Gross operating margin +€808,838
up €808,838, from -€13,757 to €795,082
- Depreciation -€23,656
down €23,656 (-58.6%), from €40,375 to €16,719
- Financial charges +€10,621
up €10,621 (+12.6%), from €84,571 to €95,192
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 | €3,825,576 | €4,820,135 | +€994,558 | +26.0% |
| Fixed assets | 21/28 | €3,283,630 | €4,711,345 | +€1.4m | +43.5% |
| Tangible fixed assets | 22/27 | €3,283,630 | €4,711,345 | +€1.4m | +43.5% |
| Land and buildings | 22 | €2,420,829 | €2,064,308 | -€356,521 | -14.7% |
| Assets under construction and advance payments | 27 | €862,800 | €2,647,037 | +€1.8m | +207% |
| Current assets | 29/58 | €541,947 | €108,790 | -€433,157 | -79.9% |
| Amounts receivable within one year | 40/41 | €380,887 | €71,995 | -€308,891 | -81.1% |
| Trade receivables | 40 | €1,850 | €204 | -€1,646 | -89.0% |
| Other amounts receivable | 41 | €379,037 | €71,792 | -€307,245 | -81.1% |
| Cash at bank and in hand | 54/58 | €161,008 | €35,756 | -€125,252 | -77.8% |
| Deferred charges and accrued income | 490/1 | €52 | €1,038 | +€986 | +1,893% |
| Total equity and liabilities | 10/49 | €3,825,576 | €4,820,135 | +€994,558 | +26.0% |
| Equity | 10/15 | -€247,531 | €431,290 | +€678,821 | |
| Contributions | 10/11 | €606,000 | €606,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€853,531 | -€174,710 | +€678,821 | +79.5% |
| Amounts payable | 17/49 | €4,073,107 | €4,388,845 | +€315,737 | +7.8% |
| Amounts payable after more than one year | 17 | €1,823,209 | €3,251,538 | +€1.4m | +78.3% |
| Financial debts | 170/4 | €1,823,209 | €3,251,538 | +€1.4m | +78.3% |
| Amounts payable within one year | 42/48 | €2,249,898 | €1,137,306 | -€1.1m | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €40,622 | €151,793 | +€111,171 | +274% |
| Financial debts | 43 | €1,700,000 | €0 | -€1.7m | -100% |
| Credit institutions | 430/8 | €1,700,000 | €0 | -€1.7m | -100% |
| Trade debts | 44 | €2,424 | €190,056 | +€187,632 | +7,741% |
| Suppliers | 440/4 | €2,424 | €190,056 | +€187,632 | +7,741% |
| Taxes, remuneration and social security | 45 | €66,852 | €42,299 | -€24,553 | -36.7% |
| Taxes | 450/3 | €66,852 | €42,299 | -€24,553 | -36.7% |
| Other amounts payable | 47/48 | €440,000 | €753,158 | +€313,158 | +71.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €278,319 | +€278,319 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,375 | €16,719 | -€23,656 | -58.6% |
| Other operating charges | 640/8 | €3,538 | €8,016 | +€4,478 | +127% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€13,757 | €795,082 | +€808,838 | |
| Operating profit (loss) | 9901 | -€57,670 | €770,347 | +€828,016 | |
| Financial income | 75/76B | €6,031 | €3,667 | -€2,364 | -39.2% |
| Recurring financial income | 75 | €6,031 | €3,667 | -€2,364 | -39.2% |
| Financial charges | 65/66B | €84,571 | €95,192 | +€10,621 | +12.6% |
| Recurring financial charges | 65 | €84,571 | €95,192 | +€10,621 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | -€136,210 | €678,821 | +€815,032 | |
| Income taxes | 67/77 | €477 | €0 | -€477 | -100% |
| Profit (loss) for the period | 9904 | -€136,687 | €678,821 | +€815,508 | |
| Profit (loss) for the period to be appropriated | 9905 | -€136,687 | €678,821 | +€815,508 |
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 1 November 2026 via checked.be.