Maison Van Cleef: 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.
Maison Van Cleef
Largest movements
- Current investments +€82,200
new in 2025: €82,200
- Cash -€17,555
down €17,555 (-58.7%), from €29,894 to €12,339
mainly Current investments (-€82,200) and Investment in fixed assets (net) (-€1,349)
- Receivables within one year -€7,541
down €7,541 (-27.5%), from €27,467 to €19,925
of which Trade receivables: -€15,972
- Reserves +€37,273
up €37,273 (+70.9%), from €52,608 to €89,881
- Tax, wage and social debts +€16,183
up €16,183 (+68.0%), from €23,786 to €39,969
- Trade debts +€4,585
up €4,585 (+152,320%), from €3 to €4,588
- Gross operating margin -€18,029
down €18,029 (-25.0%), from €72,040 to €54,011
- Taxes -€4,090
down €4,090 (-21.6%), from €18,922 to €14,832
- Other operating charges +€914
up €914 (+178%), from €513 to €1,427
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 | €81,397 | €139,438 | +€58,041 | +71.3% |
| Fixed assets | 21/28 | €881 | €1,655 | +€774 | +87.9% |
| Tangible fixed assets | 22/27 | €581 | €1,355 | +€774 | +133% |
| Furniture and vehicles | 24 | €581 | €1,355 | +€774 | +133% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €80,516 | €137,783 | +€57,267 | +71.1% |
| Stocks and contracts in progress | 3 | €23,000 | €22,500 | -€500 | -2.2% |
| Stocks | 30/36 | €23,000 | €22,500 | -€500 | -2.2% |
| Amounts receivable within one year | 40/41 | €27,467 | €19,925 | -€7,541 | -27.5% |
| Trade receivables | 40 | €24,342 | €8,370 | -€15,972 | -65.6% |
| Other amounts receivable | 41 | €3,125 | €11,555 | +€8,431 | +270% |
| Current investments | 50/53 | - | €82,200 | +€82,200 | |
| Cash at bank and in hand | 54/58 | €29,894 | €12,339 | -€17,555 | -58.7% |
| Deferred charges and accrued income | 490/1 | €156 | €819 | +€663 | +426% |
| Total equity and liabilities | 10/49 | €81,397 | €139,438 | +€58,041 | +71.3% |
| Equity | 10/15 | €57,608 | €94,881 | +€37,273 | +64.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €52,608 | €89,881 | +€37,273 | +70.9% |
| Distributable reserves | 133 | €52,608 | €89,881 | +€37,273 | +70.9% |
| Amounts payable | 17/49 | €23,789 | €44,557 | +€20,768 | +87.3% |
| Amounts payable within one year | 42/48 | €23,789 | €44,557 | +€20,768 | +87.3% |
| Trade debts | 44 | €3 | €4,588 | +€4,585 | +152,320% |
| Suppliers | 440/4 | €3 | €4,588 | +€4,585 | +152,320% |
| Taxes, remuneration and social security | 45 | €23,786 | €39,969 | +€16,183 | +68.0% |
| Taxes | 450/3 | €23,786 | €39,969 | +€16,183 | +68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79 | €575 | +€496 | +624% |
| Other operating charges | 640/8 | €513 | €1,427 | +€914 | +178% |
| Gross operating margin | 9900 | €72,040 | €54,011 | -€18,029 | -25.0% |
| Operating profit (loss) | 9901 | €71,447 | €52,008 | -€19,439 | -27.2% |
| Financial income | 75/76B | €83 | €396 | +€313 | +379% |
| Recurring financial income | 75 | €83 | €396 | +€313 | +379% |
| Financial charges | 65/66B | €0 | €299 | +€299 | +2,991,500% |
| Recurring financial charges | 65 | €0 | €299 | +€299 | +2,991,500% |
| Profit (loss) for the period before taxes | 9903 | €71,530 | €52,105 | -€19,425 | -27.2% |
| Income taxes | 67/77 | €18,922 | €14,832 | -€4,090 | -21.6% |
| Profit (loss) for the period | 9904 | €52,608 | €37,273 | -€15,335 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,608 | €37,273 | -€15,335 | -29.1% |
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 16 October 2026 via checked.be.