CLOVERLEAF: 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.
CLOVERLEAF
Largest movements
- Tangible fixed assets -€13,394
down €13,394 (-2.2%), from €602,660 to €589,266
of which Land and buildings: -€12,283
- Profit (loss) carried forward -€31,792
down €31,792 (-32.9%), from -€96,560 to -€128,352
- Other debts +€19,982
up €19,982 (+7.2%), from €279,092 to €299,074
- Gross operating margin +€7,139
up €7,139, from -€7,112 to €27
- Other operating charges +€4,716
up €4,716 (+115.3%), from €4,090 to €8,806
- Depreciation +€1,800
up €1,800 (+8.5%), from €21,158 to €22,959
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €605,882 | €595,909 | -€9,973 | -1.6% |
| Fixed assets | 21/28 | €602,660 | €589,266 | -€13,394 | -2.2% |
| Tangible fixed assets | 22/27 | €602,660 | €589,266 | -€13,394 | -2.2% |
| Land and buildings | 22 | €597,361 | €585,079 | -€12,283 | -2.1% |
| Plant, machinery and equipment | 23 | €5,299 | €4,188 | -€1,111 | -21.0% |
| Current assets | 29/58 | €3,222 | €6,643 | +€3,420 | +106.1% |
| Cash at bank and in hand | 54/58 | €657 | €4,312 | +€3,654 | +555.9% |
| Deferred charges and accrued income | 490/1 | €2,565 | €2,331 | -€234 | -9.1% |
| Total equity and liabilities | 10/49 | €605,882 | €595,909 | -€9,973 | -1.6% |
| Equity | 10/15 | €325,747 | €293,955 | -€31,792 | -9.8% |
| Contributions | 10/11 | €420,000 | €420,000 | = | 0.0% |
| Capital | 10 | €420,000 | €420,000 | = | 0.0% |
| Issued capital | 100 | €420,000 | €420,000 | = | 0.0% |
| Reserves | 13 | €2,307 | €2,307 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,307 | €2,307 | = | 0.0% |
| Legal reserve | 130 | €2,307 | €2,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,560 | -€128,352 | -€31,792 | -32.9% |
| Amounts payable | 17/49 | €280,135 | €301,954 | +€21,819 | +7.8% |
| Amounts payable within one year | 42/48 | €280,135 | €301,954 | +€21,819 | +7.8% |
| Trade debts | 44 | €1,043 | €2,880 | +€1,837 | +176.2% |
| Suppliers | 440/4 | €1,043 | €2,880 | +€1,837 | +176.2% |
| Other amounts payable | 47/48 | €279,092 | €299,074 | +€19,982 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,158 | €22,959 | +€1,800 | +8.5% |
| Other operating charges | 640/8 | €4,090 | €8,806 | +€4,716 | +115.3% |
| Gross operating margin | 9900 | -€7,112 | €27 | +€7,139 | |
| Operating profit (loss) | 9901 | -€32,360 | -€31,738 | +€622 | +1.9% |
| Financial charges | 65/66B | €53 | €54 | +€1 | +1.9% |
| Recurring financial charges | 65 | €53 | €54 | +€1 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€32,413 | -€31,792 | +€621 | +1.9% |
| Profit (loss) for the period | 9904 | -€32,413 | -€31,792 | +€621 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,413 | -€31,792 | +€621 | +1.9% |
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 29 September 2026 via checked.be.