CLOVER INC: 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.
CLOVER INC
Largest movements
- Receivables within one year -€328,522
down €328,522 (-95.6%), from €343,744 to €15,221
of which Other amounts receivable: -€283,593
- Cash +€108,452
up €108,452 (+404%), from €26,826 to €135,277
mainly Receivables within one year (+€328,522) and Net result for the year (+€214,271)
- Tangible fixed assets -€20,565
down €20,565 (-2.8%), from €725,961 to €705,396
of which Furniture and vehicles: -€10,810
- Other debts -€260,411
no longer reported in 2025 (was €260,411)
- Reserves +€178,773
up €178,773 (+30.5%), from €586,862 to €765,634
of which Distributable reserves: +€178,773
- Debts after one year -€84,705
down €84,705 (-21.8%), from €388,179 to €303,473
- Trade debts -€50,393
down €50,393 (-98.3%), from €51,274 to €881
- Gross operating margin -€58,324
down €58,324 (-13.2%), from €440,905 to €382,581
- Depreciation -€52,725
down €52,725 (-65.2%), from €80,818 to €28,093
- Taxes +€27,557
up €27,557 (+30.3%), from €90,990 to €118,546
- Financial charges +€5,899
up €5,899 (+81.7%), from €7,224 to €13,123
- Financial income -€4,716
down €4,716 (-29.2%), from €16,172 to €11,456
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 | €1,726,877 | €1,486,242 | -€240,635 | -13.9% |
| Fixed assets | 21/28 | €1,356,307 | €1,335,743 | -€20,565 | -1.5% |
| Tangible fixed assets | 22/27 | €725,961 | €705,396 | -€20,565 | -2.8% |
| Land and buildings | 22 | €670,906 | €661,152 | -€9,754 | -1.5% |
| Furniture and vehicles | 24 | €55,055 | €44,244 | -€10,810 | -19.6% |
| Financial fixed assets | 28 | €630,347 | €630,347 | = | 0.0% |
| Current assets | 29/58 | €370,569 | €150,499 | -€220,071 | -59.4% |
| Amounts receivable within one year | 40/41 | €343,744 | €15,221 | -€328,522 | -95.6% |
| Trade receivables | 40 | €44,930 | - | -€44,930 | |
| Other amounts receivable | 41 | €298,814 | €15,221 | -€283,593 | -94.9% |
| Cash at bank and in hand | 54/58 | €26,826 | €135,277 | +€108,452 | +404% |
| Total equity and liabilities | 10/49 | €1,726,877 | €1,486,242 | -€240,635 | -13.9% |
| Equity | 10/15 | €961,457 | €1,140,229 | +€178,773 | +18.6% |
| Contributions | 10/11 | €374,595 | €374,595 | = | 0.0% |
| Reserves | 13 | €586,862 | €765,634 | +€178,773 | +30.5% |
| Non-distributable reserves | 130/1 | €48,986 | €48,986 | = | 0.0% |
| Reserves not available under the articles | 1311 | €48,986 | €48,986 | = | 0.0% |
| Distributable reserves | 133 | €537,876 | €716,649 | +€178,773 | +33.2% |
| Amounts payable | 17/49 | €765,420 | €346,012 | -€419,408 | -54.8% |
| Amounts payable after more than one year | 17 | €388,179 | €303,473 | -€84,705 | -21.8% |
| Financial debts | 170/4 | €388,179 | €303,473 | -€84,705 | -21.8% |
| Amounts payable within one year | 42/48 | €377,242 | €42,539 | -€334,703 | -88.7% |
| Current portion of amounts payable after more than one year | 42 | €50,744 | €38,000 | -€12,744 | -25.1% |
| Trade debts | 44 | €51,274 | €881 | -€50,393 | -98.3% |
| Suppliers | 440/4 | €51,274 | €881 | -€50,393 | -98.3% |
| Taxes, remuneration and social security | 45 | €14,813 | €3,658 | -€11,155 | -75.3% |
| Taxes | 450/3 | €14,813 | €3,658 | -€11,155 | -75.3% |
| Other amounts payable | 47/48 | €260,411 | - | -€260,411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,818 | €28,093 | -€52,725 | -65.2% |
| Other operating charges | 640/8 | €15,688 | €20,004 | +€4,316 | +27.5% |
| Gross operating margin | 9900 | €440,905 | €382,581 | -€58,324 | -13.2% |
| Operating profit (loss) | 9901 | €344,399 | €334,484 | -€9,915 | -2.9% |
| Financial income | 75/76B | €16,172 | €11,456 | -€4,716 | -29.2% |
| Recurring financial income | 75 | €16,172 | €11,456 | -€4,716 | -29.2% |
| Financial charges | 65/66B | €7,224 | €13,123 | +€5,899 | +81.7% |
| Recurring financial charges | 65 | €7,224 | €13,123 | +€5,899 | +81.7% |
| Profit (loss) for the period before taxes | 9903 | €353,347 | €332,817 | -€20,530 | -5.8% |
| Income taxes | 67/77 | €90,990 | €118,546 | +€27,557 | +30.3% |
| Profit (loss) for the period | 9904 | €262,358 | €214,271 | -€48,087 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €262,358 | €214,271 | -€48,087 | -18.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.