CLAVANI: 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.
CLAVANI
Largest movements
- Receivables within one year +€1,104
up €1,104 (+73.7%), from €1,499 to €2,603
of which Other amounts receivable: +€2,236
- Cash -€1,085
down €1,085 (-32.9%), from €3,297 to €2,211
mainly Other debts (-€1,903) and Receivables within one year (-€1,104)
- Tangible fixed assets +€129
up €129 (+20.5%), from €628 to €757
of which Furniture and vehicles: +€322
- Other debts -€1,903
no longer reported in 2025 (was €1,903)
- Trade debts +€912
up €912 (+1,662%), from €55 to €966
- Profit (loss) carried forward +€619
up €619 (+18.6%), from -€3,334 to -€2,715
- Tax, wage and social debts +€521
new in 2025: €521
- Gross operating margin +€3,672
up €3,672, from -€1,067 to €2,604
- Depreciation -€902
down €902 (-68.2%), from €1,323 to €420
- Taxes +€173
up €173 (+79.6%), from €218 to €391
- Other operating charges +€112
up €112 (+11.3%), from €991 to €1,103
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 | €5,424 | €5,572 | +€148 | +2.7% |
| Fixed assets | 21/28 | €628 | €757 | +€129 | +20.5% |
| Tangible fixed assets | 22/27 | €628 | €757 | +€129 | +20.5% |
| Land and buildings | 22 | €359 | €300 | -€59 | -16.4% |
| Plant, machinery and equipment | 23 | €134 | - | -€134 | |
| Furniture and vehicles | 24 | €135 | €457 | +€322 | +238% |
| Current assets | 29/58 | €4,796 | €4,815 | +€19 | +0.4% |
| Amounts receivable within one year | 40/41 | €1,499 | €2,603 | +€1,104 | +73.7% |
| Trade receivables | 40 | €1,131 | - | -€1,131 | |
| Other amounts receivable | 41 | €368 | €2,603 | +€2,236 | +608% |
| Cash at bank and in hand | 54/58 | €3,297 | €2,211 | -€1,085 | -32.9% |
| Total equity and liabilities | 10/49 | €5,424 | €5,572 | +€148 | +2.7% |
| Equity | 10/15 | €3,466 | €4,085 | +€619 | +17.9% |
| Reserves | 13 | €6,800 | €6,800 | = | 0.0% |
| Distributable reserves | 133 | €6,800 | €6,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,334 | -€2,715 | +€619 | +18.6% |
| Amounts payable | 17/49 | €1,958 | €1,487 | -€471 | -24.0% |
| Amounts payable within one year | 42/48 | €1,958 | €1,487 | -€471 | -24.0% |
| Trade debts | 44 | €55 | €966 | +€912 | +1,662% |
| Suppliers | 440/4 | €55 | €966 | +€912 | +1,662% |
| Taxes, remuneration and social security | 45 | - | €521 | +€521 | |
| Taxes | 450/3 | - | €521 | +€521 | |
| Other amounts payable | 47/48 | €1,903 | - | -€1,903 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,323 | €420 | -€902 | -68.2% |
| Other operating charges | 640/8 | €991 | €1,103 | +€112 | +11.3% |
| Gross operating margin | 9900 | -€1,067 | €2,604 | +€3,672 | |
| Operating profit (loss) | 9901 | -€3,381 | €1,081 | +€4,462 | |
| Financial charges | 65/66B | €57 | €71 | +€14 | +24.0% |
| Recurring financial charges | 65 | €57 | €71 | +€14 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,438 | €1,010 | +€4,448 | |
| Income taxes | 67/77 | €218 | €391 | +€173 | +79.6% |
| Profit (loss) for the period | 9904 | -€3,656 | €619 | +€4,275 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,656 | €619 | +€4,275 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.