CLAVIS FORESTRY: 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.
CLAVIS FORESTRY
Largest movements
- Tangible fixed assets +€82,607
new in 2025: €82,607
- Profit (loss) carried forward +€171,955
up €171,955 (+123.2%), from €139,621 to €311,576
- Other debts -€94,343
down €94,343 (-72.6%), from €129,921 to €35,578
- Financial income +€124,215
up €124,215 (+15818.3%), from €785 to €125,000
- Financial charges -€7,876
down €7,876 (-39.7%), from €19,859 to €11,984
- Gross operating margin +€5,925
up €5,925 (+8.1%), from €72,887 to €78,812
- Taxes +€3,167
up €3,167 (+21.1%), from €14,995 to €18,162
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,411,386 | €1,502,378 | +€90,992 | +6.4% |
| Fixed assets | 21/28 | €1,383,500 | €1,466,107 | +€82,607 | +6.0% |
| Tangible fixed assets | 22/27 | - | €82,607 | +€82,607 | |
| Furniture and vehicles | 24 | - | €82,607 | +€82,607 | |
| Financial fixed assets | 28 | €1,383,500 | €1,383,500 | = | 0.0% |
| Current assets | 29/58 | €27,886 | €36,271 | +€8,385 | +30.1% |
| Amounts receivable within one year | 40/41 | - | €14,870 | +€14,870 | |
| Other amounts receivable | 41 | - | €14,870 | +€14,870 | |
| Cash at bank and in hand | 54/58 | €27,517 | €17,118 | -€10,399 | -37.8% |
| Deferred charges and accrued income | 490/1 | €369 | €4,283 | +€3,914 | +1061.6% |
| Total equity and liabilities | 10/49 | €1,411,386 | €1,502,378 | +€90,992 | +6.4% |
| Equity | 10/15 | €142,121 | €314,076 | +€171,955 | +121.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,621 | €311,576 | +€171,955 | +123.2% |
| Amounts payable | 17/49 | €1,269,265 | €1,188,302 | -€80,963 | -6.4% |
| Amounts payable after more than one year | 17 | €1,076,667 | €1,083,895 | +€7,229 | +0.7% |
| Financial debts | 170/4 | €1,076,667 | €1,083,895 | +€7,229 | +0.7% |
| Amounts payable within one year | 42/48 | €192,598 | €104,407 | -€88,191 | -45.8% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €64,612 | +€14,612 | +29.2% |
| Trade debts | 44 | €136 | €322 | +€186 | +136.6% |
| Suppliers | 440/4 | €136 | €322 | +€186 | +136.6% |
| Taxes, remuneration and social security | 45 | €12,542 | €3,896 | -€8,646 | -68.9% |
| Taxes | 450/3 | €12,542 | €3,896 | -€8,646 | -68.9% |
| Other amounts payable | 47/48 | €129,921 | €35,578 | -€94,343 | -72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €301 | +€301 | |
| Other operating charges | 640/8 | €957 | €1,412 | +€455 | +47.6% |
| Gross operating margin | 9900 | €72,887 | €78,812 | +€5,925 | +8.1% |
| Operating profit (loss) | 9901 | €71,930 | €77,100 | +€5,170 | +7.2% |
| Financial income | 75/76B | €785 | €125,000 | +€124,215 | +15818.3% |
| Recurring financial income | 75 | €785 | €125,000 | +€124,215 | +15818.3% |
| Financial charges | 65/66B | €19,859 | €11,984 | -€7,876 | -39.7% |
| Recurring financial charges | 65 | €19,859 | €11,984 | -€7,876 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €52,856 | €190,116 | +€137,261 | +259.7% |
| Income taxes | 67/77 | €14,995 | €18,162 | +€3,167 | +21.1% |
| Profit (loss) for the period | 9904 | €37,861 | €171,955 | +€134,094 | +354.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,861 | €171,955 | +€134,094 | +354.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.