CLOVIS: 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.
CLOVIS
Largest movements
- Tangible fixed assets -€119,629
down €119,629 (-19.2%), from €623,552 to €503,923
- Receivables within one year +€88,254
up €88,254 (+523.0%), from €16,874 to €105,128
of which Trade receivables: +€91,600
- Intangible fixed assets -€18,387
down €18,387 (-17.2%), from €106,636 to €88,250
- Stocks and contracts -€14,379
down €14,379 (-27.1%), from €53,115 to €38,736
- Other debts +€126,674
up €126,674 (+8.7%), from €1.5m to €1.6m
- Profit (loss) carried forward -€92,949
down €92,949 (-9.4%), from -€989,682 to -€1.1m
- Debts after one year -€63,344
down €63,344 (-75.2%), from €84,233 to €20,888
- Current portion of long-term debt -€34,463
down €34,463 (-32.8%), from €104,967 to €70,504
- Trade debts -€18,437
down €18,437 (-16.8%), from €109,970 to €91,534
- Gross operating margin +€36,542
up €36,542 (+18.3%), from €200,038 to €236,579
- Depreciation -€11,375
down €11,375 (-10.8%), from €105,272 to €93,897
- Staff costs -€10,245
down €10,245 (-5.8%), from €176,472 to €166,228
- Other operating charges +€4,424
up €4,424 (+46.2%), from €9,577 to €14,001
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 | €843,249 | €778,858 | -€64,391 | -7.6% |
| Fixed assets | 21/28 | €754,738 | €616,722 | -€138,016 | -18.3% |
| Intangible fixed assets | 21 | €106,636 | €88,250 | -€18,387 | -17.2% |
| Tangible fixed assets | 22/27 | €623,552 | €503,923 | -€119,629 | -19.2% |
| Land and buildings | 22 | €344,809 | €303,709 | -€41,100 | -11.9% |
| Plant, machinery and equipment | 23 | €183,750 | €126,764 | -€56,986 | -31.0% |
| Furniture and vehicles | 24 | €8,571 | €5,700 | -€2,871 | -33.5% |
| Other tangible fixed assets | 26 | €30,286 | €62,000 | +€31,714 | +104.7% |
| Assets under construction and advance payments | 27 | €56,136 | €5,750 | -€50,386 | -89.8% |
| Financial fixed assets | 28 | €24,550 | €24,550 | = | 0.0% |
| Current assets | 29/58 | €88,511 | €162,136 | +€73,625 | +83.2% |
| Stocks and contracts in progress | 3 | €53,115 | €38,736 | -€14,379 | -27.1% |
| Stocks | 30/36 | €53,115 | €38,736 | -€14,379 | -27.1% |
| Amounts receivable within one year | 40/41 | €16,874 | €105,128 | +€88,254 | +523.0% |
| Trade receivables | 40 | €13,304 | €104,904 | +€91,600 | +688.5% |
| Other amounts receivable | 41 | €3,570 | €224 | -€3,346 | -93.7% |
| Current investments | 50/53 | €3,250 | €3,250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,630 | €13,329 | -€301 | -2.2% |
| Deferred charges and accrued income | 490/1 | €1,641 | €1,693 | +€51 | +3.1% |
| Total equity and liabilities | 10/49 | €843,249 | €778,858 | -€64,391 | -7.6% |
| Equity | 10/15 | -€938,182 | -€1,031,131 | -€92,949 | -9.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €31,500 | €31,500 | = | 0.0% |
| Distributable reserves | 133 | €31,500 | €31,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€989,682 | -€1,082,631 | -€92,949 | -9.4% |
| Amounts payable | 17/49 | €1,781,431 | €1,809,989 | +€28,558 | +1.6% |
| Amounts payable after more than one year | 17 | €84,233 | €20,888 | -€63,344 | -75.2% |
| Financial debts | 170/4 | €84,233 | €20,888 | -€63,344 | -75.2% |
| Amounts payable within one year | 42/48 | €1,697,198 | €1,789,101 | +€91,902 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €104,967 | €70,504 | -€34,463 | -32.8% |
| Financial debts | 43 | €1,408 | €0 | -€1,408 | -100.0% |
| Credit institutions | 430/8 | €1,408 | €0 | -€1,408 | -100.0% |
| Trade debts | 44 | €109,970 | €91,534 | -€18,437 | -16.8% |
| Suppliers | 440/4 | €109,970 | €91,534 | -€18,437 | -16.8% |
| Advances received on contracts in progress | 46 | €1,972 | €3,106 | +€1,134 | +57.5% |
| Taxes, remuneration and social security | 45 | €17,776 | €36,177 | +€18,401 | +103.5% |
| Taxes | 450/3 | €1,071 | €14,681 | +€13,610 | +1270.7% |
| Remuneration and social security | 454/9 | €16,705 | €21,496 | +€4,791 | +28.7% |
| Other amounts payable | 47/48 | €1,461,105 | €1,587,779 | +€126,674 | +8.7% |
| Non-recurring operating income | 76A | €17,166 | €0 | -€17,166 | -100.0% |
| Remuneration, social security and pensions | 62 | €176,472 | €166,228 | -€10,245 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,272 | €93,897 | -€11,375 | -10.8% |
| Other operating charges | 640/8 | €9,577 | €14,001 | +€4,424 | +46.2% |
| Non-recurring operating charges | 66A | - | €45,886 | +€45,886 | |
| Gross operating margin | 9900 | €200,038 | €236,579 | +€36,542 | +18.3% |
| Operating profit (loss) | 9901 | -€91,283 | -€83,433 | +€7,851 | +8.6% |
| Financial income | 75/76B | €950 | €248 | -€701 | -73.9% |
| Recurring financial income | 75 | €950 | €248 | -€701 | -73.9% |
| Financial charges | 65/66B | €12,000 | €9,764 | -€2,235 | -18.6% |
| Recurring financial charges | 65 | €12,000 | €9,764 | -€2,235 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€102,333 | -€92,949 | +€9,385 | +9.2% |
| Profit (loss) for the period | 9904 | -€102,333 | -€92,949 | +€9,385 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€102,333 | -€92,949 | +€9,385 | +9.2% |
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 6 October 2026 via checked.be.