CLOVER IMMO: 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.
CLOVER IMMO
Largest movements
- Cash +€378,808
up €378,808 (+299.9%), from €126,324 to €505,132
mainly Investment in fixed assets (net) (+€296,570) and Net result for the year (+€35,271)
- Tangible fixed assets -€322,255
down €322,255 (-35.2%), from €915,686 to €593,431
of which Land and buildings: -€321,580
- Profit (loss) carried forward +€35,271
up €35,271 (+21.8%), from -€161,936 to -€126,665
- Trade debts +€24,057
up €24,057 (+14068.3%), from €171 to €24,228
- Gross operating margin +€35,266
up €35,266 (+114.5%), from €30,806 to €66,073
- Depreciation -€10,890
down €10,890 (-29.8%), from €36,574 to €25,685
- Financial income -€4,686
no longer reported in 2025 (was €4,686)
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 | €1,043,514 | €1,100,068 | +€56,554 | +5.4% |
| Fixed assets | 21/28 | €915,686 | €593,431 | -€322,255 | -35.2% |
| Tangible fixed assets | 22/27 | €915,686 | €593,431 | -€322,255 | -35.2% |
| Land and buildings | 22 | €915,011 | €593,431 | -€321,580 | -35.1% |
| Plant, machinery and equipment | 23 | €675 | - | -€675 | |
| Current assets | 29/58 | €127,828 | €506,637 | +€378,810 | +296.3% |
| Amounts receivable within one year | 40/41 | €1,406 | €1,406 | = | 0.0% |
| Other amounts receivable | 41 | €1,406 | €1,406 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €126,324 | €505,132 | +€378,808 | +299.9% |
| Deferred charges and accrued income | 490/1 | €98 | €100 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €1,043,514 | €1,100,068 | +€56,554 | +5.4% |
| Equity | 10/15 | €1,040,564 | €1,075,835 | +€35,271 | +3.4% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €202,500 | €202,500 | = | 0.0% |
| Distributable reserves | 133 | €202,500 | €202,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€161,936 | -€126,665 | +€35,271 | +21.8% |
| Amounts payable | 17/49 | €2,950 | €24,233 | +€21,283 | +721.4% |
| Amounts payable within one year | 42/48 | €202 | €24,233 | +€24,031 | +11883.7% |
| Trade debts | 44 | €171 | €24,228 | +€24,057 | +14068.3% |
| Suppliers | 440/4 | €171 | €24,228 | +€24,057 | +14068.3% |
| Taxes, remuneration and social security | 45 | €31 | - | -€31 | |
| Taxes | 450/3 | €31 | - | -€31 | |
| Other amounts payable | 47/48 | - | €6 | +€6 | |
| Accrued charges and deferred income | 492/3 | €2,748 | - | -€2,748 | |
| Non-recurring operating income | 76A | - | €86,430 | +€86,430 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,574 | €25,685 | -€10,890 | -29.8% |
| Other operating charges | 640/8 | €4,471 | €4,612 | +€141 | +3.2% |
| Gross operating margin | 9900 | €30,806 | €66,073 | +€35,266 | +114.5% |
| Operating profit (loss) | 9901 | -€10,239 | €35,776 | +€46,015 | |
| Financial income | 75/76B | €4,686 | - | -€4,686 | |
| Recurring financial income | 75 | €4,686 | - | -€4,686 | |
| Financial charges | 65/66B | €587 | €504 | -€83 | -14.1% |
| Recurring financial charges | 65 | €587 | €504 | -€83 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,141 | €35,271 | +€41,412 | |
| Profit (loss) for the period | 9904 | -€6,141 | €35,271 | +€41,412 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,141 | €35,271 | +€41,412 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.