Immo Cleblo: what changed
Two fiscal 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.
What changed
Immo Cleblo
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€214,326
2024 · €3.1m-€3.3m
Equity
€159,070
2024 · €373,397-€214,326
Cash
-
2024 · €0
Balance sheet total
€1.5m
2024 · €3.2m-€1.7m
Largest movements
Assets
- Receivables after one year -€1.7m
down €1.7m (-92.4%), from €1.8m to €136,029
Equity and liabilities
- Trade debts -€1.1m
down €1.1m (-98.9%), from €1.2m to €13,153
- Current portion of long-term debt -€293,090
down €293,090 (-22.7%), from €1.3m to €995,266
- Profit (loss) carried forward -€214,326
down €214,326 (-50.9%), from -€421,084 to -€635,411
Income statement
- Gross operating margin -€3.3m
down €3.3m, from €3.2m to -€111,274
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.
Result 2024
€3.1m
Gross operating margin
-€3.3m
Depreciation
+€3,395
Other operating charges
-€15,347
Financial income
-€2,037
Financial charges
-€4,697
Result 2025
-€214,326
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.
From operations
+€307,518
Investment
€0
Financing
-€307,518
Cash 2024
€0
From operations (derived)
+€307,518
Net result for the year
-€214,326
Depreciation
+€12,761
Receivables after one year
+€1.7m
Receivables within one year
-€6,298
Trade debts
-€1.1m
Financing
-€307,518
Debts after one year
-€18,691
Current portion of long-term debt
-€293,090
Short-term financial debts
+€4,264
Cash 2025
€0
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,182,175 | €1,518,284 | -€1.7m | -52.3% |
| Fixed assets | 21/28 | €988,779 | €976,018 | -€12,761 | -1.3% |
| Tangible fixed assets | 22/27 | €988,779 | €976,018 | -€12,761 | -1.3% |
| Land and buildings | 22 | €988,779 | €976,018 | -€12,761 | -1.3% |
| Current assets | 29/58 | €2,193,396 | €542,266 | -€1.7m | -75.3% |
| Amounts receivable after more than one year | 29 | €1,793,458 | €136,029 | -€1.7m | -92.4% |
| Other amounts receivable | 291 | €1,793,458 | €136,029 | -€1.7m | -92.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €399,938 | €406,237 | +€6,298 | +1.6% |
| Trade receivables | 40 | €49,938 | €56,237 | +€6,298 | +12.6% |
| Other amounts receivable | 41 | €350,000 | €350,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,182,175 | €1,518,284 | -€1.7m | -52.3% |
| Equity | 10/15 | €373,397 | €159,070 | -€214,326 | -57.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Revaluation surpluses | 12 | €494,481 | €494,481 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€421,084 | -€635,411 | -€214,326 | -50.9% |
| Amounts payable | 17/49 | €2,808,779 | €1,359,213 | -€1.4m | -51.6% |
| Amounts payable after more than one year | 17 | €351,532 | €332,841 | -€18,691 | -5.3% |
| Financial debts | 170/4 | €351,532 | €332,841 | -€18,691 | -5.3% |
| Amounts payable within one year | 42/48 | €2,445,052 | €1,014,178 | -€1.4m | -58.5% |
| Current portion of amounts payable after more than one year | 42 | €1,288,356 | €995,266 | -€293,090 | -22.7% |
| Financial debts | 43 | €1,496 | €5,759 | +€4,264 | +285.1% |
| Credit institutions | 430/8 | €1,496 | €5,759 | +€4,264 | +285.1% |
| Trade debts | 44 | €1,155,200 | €13,153 | -€1.1m | -98.9% |
| Suppliers | 440/4 | €1,155,200 | €13,153 | -€1.1m | -98.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €12,194 | €12,194 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,157 | €12,761 | -€3,395 | -21.0% |
| Other operating charges | 640/8 | €1,030 | €16,377 | +€15,347 | +1490.7% |
| Gross operating margin | 9900 | €3,160,881 | -€111,274 | -€3.3m | |
| Operating profit (loss) | 9901 | €3,143,694 | -€140,412 | -€3.3m | |
| Financial income | 75/76B | €2,037 | €0 | -€2,037 | -100.0% |
| Recurring financial income | 75 | €2,037 | €0 | -€2,037 | -100.0% |
| Financial charges | 65/66B | €69,217 | €73,914 | +€4,697 | +6.8% |
| Recurring financial charges | 65 | €69,217 | €73,914 | +€4,697 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €3,076,514 | -€214,326 | -€3.3m | |
| Profit (loss) for the period | 9904 | €3,076,514 | -€214,326 | -€3.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €3,076,514 | -€214,326 | -€3.3m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.