Clover Properties: 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 Properties
Largest movements
- Receivables within one year -€2,515
down €2,515 (-17.4%), from €14,470 to €11,955
of which Trade receivables: -€3,980
- Cash +€2,299
up €2,299 (+89.1%), from €2,582 to €4,881
mainly Net result for the year (+€8,794) and Receivables within one year (+€2,515)
- Tangible fixed assets -€2,115
down €2,115 (-62.4%), from €3,388 to €1,273
of which Furniture and vehicles: -€1,635
- Deferred charges and accrued income -€863
no longer reported in 2025 (was €863)
- Profit (loss) carried forward +€8,794
up €8,794 (+29.9%), from -€29,387 to -€20,594
- Other debts -€5,743
down €5,743 (-79.7%), from €7,209 to €1,467
- Trade debts -€5,213
down €5,213 (-55.5%), from €9,401 to €4,188
- Tax, wage and social debts -€1,032
down €1,032 (-23.2%), from €4,443 to €3,411
- Gross operating margin +€19,737
up €19,737, from -€4,428 to €15,309
- Depreciation -€2,662
down €2,662 (-55.7%), from €4,777 to €2,115
- Taxes +€2,647
up €2,647 (+4136.4%), from €64 to €2,711
- Other operating charges +€1,233
up €1,233 (+344.3%), from €358 to €1,591
- Financial charges -€162
down €162 (-61.7%), from €263 to €101
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 | €21,666 | €18,472 | -€3,194 | -14.7% |
| Fixed assets | 21/28 | €3,751 | €1,636 | -€2,115 | -56.4% |
| Tangible fixed assets | 22/27 | €3,388 | €1,273 | -€2,115 | -62.4% |
| Furniture and vehicles | 24 | €2,354 | €719 | -€1,635 | -69.4% |
| Other tangible fixed assets | 26 | €1,034 | €554 | -€480 | -46.4% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €17,915 | €16,836 | -€1,079 | -6.0% |
| Amounts receivable within one year | 40/41 | €14,470 | €11,955 | -€2,515 | -17.4% |
| Trade receivables | 40 | €12,121 | €8,140 | -€3,980 | -32.8% |
| Other amounts receivable | 41 | €2,350 | €3,815 | +€1,465 | +62.4% |
| Cash at bank and in hand | 54/58 | €2,582 | €4,881 | +€2,299 | +89.1% |
| Deferred charges and accrued income | 490/1 | €863 | - | -€863 | |
| Total equity and liabilities | 10/49 | €21,666 | €18,472 | -€3,194 | -14.7% |
| Equity | 10/15 | €613 | €9,406 | +€8,794 | +1435.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,387 | -€20,594 | +€8,794 | +29.9% |
| Amounts payable | 17/49 | €21,053 | €9,066 | -€11,988 | -56.9% |
| Amounts payable within one year | 42/48 | €21,053 | €9,066 | -€11,988 | -56.9% |
| Trade debts | 44 | €9,401 | €4,188 | -€5,213 | -55.5% |
| Suppliers | 440/4 | €9,401 | €4,188 | -€5,213 | -55.5% |
| Taxes, remuneration and social security | 45 | €4,443 | €3,411 | -€1,032 | -23.2% |
| Taxes | 450/3 | €4,443 | €3,411 | -€1,032 | -23.2% |
| Other amounts payable | 47/48 | €7,209 | €1,467 | -€5,743 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,777 | €2,115 | -€2,662 | -55.7% |
| Other operating charges | 640/8 | €358 | €1,591 | +€1,233 | +344.3% |
| Gross operating margin | 9900 | -€4,428 | €15,309 | +€19,737 | |
| Operating profit (loss) | 9901 | -€9,563 | €11,603 | +€21,166 | |
| Financial income | 75/76B | €19 | €3 | -€16 | -83.4% |
| Recurring financial income | 75 | €19 | €3 | -€16 | -83.4% |
| Financial charges | 65/66B | €263 | €101 | -€162 | -61.7% |
| Recurring financial charges | 65 | €263 | €101 | -€162 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,807 | €11,505 | +€21,312 | |
| Income taxes | 67/77 | €64 | €2,711 | +€2,647 | +4136.4% |
| Profit (loss) for the period | 9904 | -€9,871 | €8,794 | +€18,665 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,871 | €8,794 | +€18,665 |
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 10 October 2026 via checked.be.