Clavi: 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.
Clavi
Largest movements
- Current assets +€3,451
up €3,451 (+1.2%), from €282,925 to €286,376
of which Cash: +€4,156
- Equity +€3,451
up €3,451 (+1.1%), from €317,884 to €321,335
- Gross operating margin +€2,521
up €2,521 (+27.7%), from -€9,087 to -€6,566
From the 2012 result to the 2013 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2012 | 2013 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €317,925 | €321,376 | +€3,451 | +1.1% |
| Fixed assets | 21/28 | €35,000 | €35,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €282,925 | €286,376 | +€3,451 | +1.2% |
| Amounts receivable within one year | 40/41 | €8,138 | €8,775 | +€637 | +7.8% |
| Current investments | 50/53 | €272,831 | €271,483 | -€1,348 | -0.5% |
| Cash at bank and in hand | 54/58 | €1,173 | €5,329 | +€4,156 | +354.3% |
| Total equity and liabilities | 10/49 | €317,925 | €321,376 | +€3,451 | +1.1% |
| Equity | 10/15 | €317,884 | €321,335 | +€3,451 | +1.1% |
| Profit (loss) carried forward | 14 | -€271,994 | -€268,543 | +€3,451 | +1.3% |
| Amounts payable | 17/49 | €41 | €41 | +€0 | +0.4% |
| Gross operating margin | 9900 | -€9,087 | -€6,566 | +€2,521 | +27.7% |
| Operating profit (loss) | 9901 | -€9,193 | -€6,729 | +€2,464 | +26.8% |
| Recurring financial income | 75 | €2,945 | €2,631 | -€315 | -10.7% |
| Recurring financial charges | 65 | €404 | €398 | -€6 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,652 | -€4,497 | +€2,155 | +32.4% |
| Profit (loss) for the period | 9904 | -€30,940 | €3,451 | +€34,391 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €3,451 | +€3,451 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2012 and 31 December 2013. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.