IMMO CLAES: 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.
IMMO CLAES
Largest movements
- Receivables within one year +€21,979
up €21,979 (+135%), from €16,316 to €38,295
of which Other amounts receivable: +€22,072
- Tangible fixed assets -€3,798
down €3,798 (-1.2%), from €309,315 to €305,517
of which Land and buildings: -€6,017
- Debts after one year +€17,336
up €17,336, from €0 to €17,336
of which Financial debts: +€17,336
- Other debts -€14,179
down €14,179 (-55.4%), from €25,599 to €11,420
- Current portion of long-term debt +€9,751
up €9,751, from €0 to €9,751
- Gross operating margin +€1,054
up €1,054 (+9.7%), from €10,861 to €11,916
- Financial charges +€891
up €891 (+1,332%), from €67 to €957
- Financial income +€889
up €889 (+184%), from €482 to €1,371
- Depreciation +€515
up €515 (+8.6%), from €6,017 to €6,532
- Taxes +€274
new in 2025: €274
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 | €327,140 | €345,099 | +€17,959 | +5.5% |
| Fixed assets | 21/28 | €309,315 | €305,517 | -€3,798 | -1.2% |
| Tangible fixed assets | 22/27 | €309,315 | €305,517 | -€3,798 | -1.2% |
| Land and buildings | 22 | €309,315 | €303,298 | -€6,017 | -1.9% |
| Plant, machinery and equipment | 23 | - | €2,219 | +€2,219 | |
| Current assets | 29/58 | €17,825 | €39,581 | +€21,757 | +122% |
| Amounts receivable within one year | 40/41 | €16,316 | €38,295 | +€21,979 | +135% |
| Trade receivables | 40 | €400 | €307 | -€93 | -23.1% |
| Other amounts receivable | 41 | €15,916 | €37,988 | +€22,072 | +139% |
| Cash at bank and in hand | 54/58 | €1,508 | €1,286 | -€222 | -14.7% |
| Total equity and liabilities | 10/49 | €327,140 | €345,099 | +€17,959 | +5.5% |
| Equity | 10/15 | €298,765 | €301,506 | +€2,741 | +0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €266,198 | €266,198 | = | 0.0% |
| Reserves | 13 | €12,567 | €15,308 | +€2,741 | +21.8% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Other | 1319 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €9,468 | €12,210 | +€2,741 | +28.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €28,375 | €43,593 | +€15,218 | +53.6% |
| Amounts payable after more than one year | 17 | €0 | €17,336 | +€17,336 | |
| Financial debts | 170/4 | - | €17,336 | +€17,336 | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €28,375 | €26,257 | -€2,118 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,751 | +€9,751 | |
| Trade debts | 44 | €2,776 | €4,747 | +€1,972 | +71.0% |
| Suppliers | 440/4 | €2,776 | €4,747 | +€1,972 | +71.0% |
| Taxes, remuneration and social security | 45 | - | €339 | +€339 | |
| Taxes | 450/3 | - | €339 | +€339 | |
| Other amounts payable | 47/48 | €25,599 | €11,420 | -€14,179 | -55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,017 | €6,532 | +€515 | +8.6% |
| Other operating charges | 640/8 | €2,770 | €2,782 | +€12 | +0.4% |
| Gross operating margin | 9900 | €10,861 | €11,916 | +€1,054 | +9.7% |
| Operating profit (loss) | 9901 | €2,074 | €2,601 | +€527 | +25.4% |
| Financial income | 75/76B | €482 | €1,371 | +€889 | +184% |
| Recurring financial income | 75 | €482 | €1,371 | +€889 | +184% |
| Financial charges | 65/66B | €67 | €957 | +€891 | +1,332% |
| Recurring financial charges | 65 | €67 | €957 | +€891 | +1,332% |
| Profit (loss) for the period before taxes | 9903 | €2,489 | €3,015 | +€526 | +21.1% |
| Income taxes | 67/77 | - | €274 | +€274 | |
| Profit (loss) for the period | 9904 | €2,489 | €2,741 | +€252 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,489 | €2,741 | +€252 | +10.1% |
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 15 October 2026 via checked.be.