Willem Cloet: what changed
What changed
Willem Cloet
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€48,649
2024 · €44,509+€4,140
Equity
€246,945
2024 · €296,295-€49,351
Cash
€8,366
2024 · €5,576+€2,790
Balance sheet total
€682,571
2024 · €691,274-€8,703
Largest movements
Assets
- Tangible fixed assets -€36,032
down €36,032 (-5.6%), from €643,868 to €607,836
- Receivables within one year +€28,465
up €28,465 (+182%), from €15,606 to €44,071
of which Other amounts receivable: +€26,764
Equity and liabilities
- Other debts +€94,000
up €94,000 (+2,350%), from €4,000 to €98,000
- Debts after one year -€54,802
down €54,802 (-18.1%), from €303,144 to €248,342
- Reserves -€50,000
down €50,000 (-25.8%), from €194,052 to €144,052
of which Distributable reserves: -€50,000
Income statement
- Gross operating margin +€4,263
up €4,263 (+3.9%), from €109,019 to €113,282
- Other operating charges -€2,604
down €2,604 (-51.3%), from €5,076 to €2,472
- Financial income -€2,263
down €2,263 (-70.1%), from €3,229 to €966
- Taxes +€1,307
up €1,307 (+7.2%), from €18,236 to €19,543
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€44,509
Gross operating margin
+€4,263
Depreciation
+€859
Other operating charges
+€2,604
Financial income
-€2,263
Financial charges
-€15
Taxes
-€1,307
Result 2025
€48,649
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€158,288
Investment
+€152
Financing
-€155,649
Cash 2024
€5,576
From operations (derived)
+€158,288
Net result for the year
+€48,649
Depreciation
+€36,032
Receivables within one year
-€28,465
Deferred charges and accrued income
+€3,774
Trade debts
-€2,604
Tax, wage and social debts
+€6,901
Other debts
+€94,000
Investment (derived)
+€152
Current investments
+€152
Financing
-€155,649
Debts after one year
-€54,802
Current portion of long-term debt
-€2,848
Contributions, distributions and other
-€98,000
Cash 2025
€8,366
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €691,274 | €682,571 | -€8,703 | -1.3% |
| Fixed assets | 21/28 | €663,868 | €627,836 | -€36,032 | -5.4% |
| Tangible fixed assets | 22/27 | €643,868 | €607,836 | -€36,032 | -5.6% |
| Land and buildings | 22 | €518,819 | €502,991 | -€15,828 | -3.1% |
| Plant, machinery and equipment | 23 | €216 | €0 | -€216 | -100% |
| Furniture and vehicles | 24 | €58,980 | €45,732 | -€13,249 | -22.5% |
| Leasing and similar rights | 25 | €65,852 | €59,113 | -€6,739 | -10.2% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €27,406 | €54,736 | +€27,329 | +99.7% |
| Amounts receivable within one year | 40/41 | €15,606 | €44,071 | +€28,465 | +182% |
| Trade receivables | 40 | €1,843 | €3,543 | +€1,701 | +92.3% |
| Other amounts receivable | 41 | €13,764 | €40,528 | +€26,764 | +194% |
| Current investments | 50/53 | €1,997 | €1,845 | -€152 | -7.6% |
| Cash at bank and in hand | 54/58 | €5,576 | €8,366 | +€2,790 | +50.0% |
| Deferred charges and accrued income | 490/1 | €4,227 | €453 | -€3,774 | -89.3% |
| Total equity and liabilities | 10/49 | €691,274 | €682,571 | -€8,703 | -1.3% |
| Equity | 10/15 | €296,295 | €246,945 | -€49,351 | -16.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €194,052 | €144,052 | -€50,000 | -25.8% |
| Tax-exempt reserves | 132 | €6,812 | €6,812 | = | 0.0% |
| Distributable reserves | 133 | €187,240 | €137,240 | -€50,000 | -26.7% |
| Profit (loss) carried forward | 14 | €89,843 | €90,493 | +€649 | +0.7% |
| Amounts payable | 17/49 | €394,979 | €435,627 | +€40,647 | +10.3% |
| Amounts payable after more than one year | 17 | €303,144 | €248,342 | -€54,802 | -18.1% |
| Financial debts | 170/4 | €303,144 | €248,342 | -€54,802 | -18.1% |
| Amounts payable within one year | 42/48 | €91,835 | €187,284 | +€95,449 | +104% |
| Current portion of amounts payable after more than one year | 42 | €57,053 | €54,206 | -€2,848 | -5.0% |
| Trade debts | 44 | €13,276 | €10,672 | -€2,604 | -19.6% |
| Suppliers | 440/4 | €13,276 | €10,672 | -€2,604 | -19.6% |
| Taxes, remuneration and social security | 45 | €17,506 | €24,406 | +€6,901 | +39.4% |
| Taxes | 450/3 | €15,506 | €22,406 | +€6,901 | +44.5% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €4,000 | €98,000 | +€94,000 | +2,350% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,891 | €36,032 | -€859 | -2.3% |
| Other operating charges | 640/8 | €5,076 | €2,472 | -€2,604 | -51.3% |
| Gross operating margin | 9900 | €109,019 | €113,282 | +€4,263 | +3.9% |
| Operating profit (loss) | 9901 | €67,051 | €74,777 | +€7,726 | +11.5% |
| Financial income | 75/76B | €3,229 | €966 | -€2,263 | -70.1% |
| Recurring financial income | 75 | €3,229 | €966 | -€2,263 | -70.1% |
| Financial charges | 65/66B | €7,535 | €7,550 | +€15 | +0.2% |
| Recurring financial charges | 65 | €7,535 | €7,550 | +€15 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €62,745 | €68,193 | +€5,447 | +8.7% |
| Income taxes | 67/77 | €18,236 | €19,543 | +€1,307 | +7.2% |
| Profit (loss) for the period | 9904 | €44,509 | €48,649 | +€4,140 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,509 | €48,649 | +€4,140 | +9.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.