CLOVIS INVEST: 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.
CLOVIS INVEST
Largest movements
- Tangible fixed assets -€23,617
down €23,617 (-1.7%), from €1.4m to €1.4m
of which Land and buildings: -€34,030
- Debts after one year -€80,491
down €80,491 (-7.1%), from €1.1m to €1.1m
- Reserves +€56,667
up €56,667 (+28.9%), from €196,341 to €253,008
of which Distributable reserves: +€56,667
- Other operating charges +€7,605
up €7,605 (+70.6%), from €10,765 to €18,370
- Financial income +€5,283
up €5,283 (+3.5%), from €149,122 to €154,405
of which Non-recurring financial income: +€5,103
- Depreciation +€2,180
up €2,180 (+4.3%), from €50,237 to €52,417
- Financial charges -€1,225
down €1,225 (-6.6%), from €18,456 to €17,231
- Gross operating margin +€285
up €285 (+2.8%), from -€10,006 to -€9,721
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,431,924 | €1,409,087 | -€22,837 | -1.6% |
| Fixed assets | 21/28 | €1,398,432 | €1,374,815 | -€23,617 | -1.7% |
| Tangible fixed assets | 22/27 | €1,398,400 | €1,374,783 | -€23,617 | -1.7% |
| Land and buildings | 22 | €1,372,611 | €1,338,581 | -€34,030 | -2.5% |
| Plant, machinery and equipment | 23 | €643 | - | -€643 | |
| Other tangible fixed assets | 26 | €25,146 | €36,202 | +€11,056 | +44.0% |
| Financial fixed assets | 28 | €32 | €32 | = | 0.0% |
| Current assets | 29/58 | €33,492 | €34,272 | +€780 | +2.3% |
| Amounts receivable within one year | 40/41 | €4,541 | €4,595 | +€54 | +1.2% |
| Other amounts receivable | 41 | €4,541 | €4,595 | +€54 | +1.2% |
| Cash at bank and in hand | 54/58 | €27,039 | €29,677 | +€2,638 | +9.8% |
| Deferred charges and accrued income | 490/1 | €1,912 | - | -€1,912 | |
| Total equity and liabilities | 10/49 | €1,431,924 | €1,409,087 | -€22,837 | -1.6% |
| Equity | 10/15 | €73,311 | €129,978 | +€56,667 | +77.3% |
| Contributions | 10/11 | €25,533 | €25,533 | = | 0.0% |
| Contributions outside capital | 11 | €25,533 | €25,533 | = | 0.0% |
| Other | 1109/19 | €25,533 | €25,533 | = | 0.0% |
| Reserves | 13 | €196,341 | €253,008 | +€56,667 | +28.9% |
| Tax-exempt reserves | 132 | €892 | €892 | = | 0.0% |
| Distributable reserves | 133 | €195,449 | €252,116 | +€56,667 | +29.0% |
| Profit (loss) carried forward | 14 | -€148,563 | -€148,563 | = | 0.0% |
| Amounts payable | 17/49 | €1,358,613 | €1,279,109 | -€79,504 | -5.9% |
| Amounts payable after more than one year | 17 | €1,134,114 | €1,053,623 | -€80,491 | -7.1% |
| Financial debts | 170/4 | €1,134,114 | €1,053,623 | -€80,491 | -7.1% |
| Amounts payable within one year | 42/48 | €224,467 | €224,467 | = | 0.0% |
| Financial debts | 43 | €821 | €821 | = | 0.0% |
| Other loans | 439 | €821 | €821 | = | 0.0% |
| Trade debts | 44 | €7,159 | - | -€7,159 | |
| Suppliers | 440/4 | €7,159 | - | -€7,159 | |
| Other amounts payable | 47/48 | €216,487 | €223,646 | +€7,159 | +3.3% |
| Accrued charges and deferred income | 492/3 | €32 | €1,019 | +€987 | +3,084% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,237 | €52,417 | +€2,180 | +4.3% |
| Other operating charges | 640/8 | €10,765 | €18,370 | +€7,605 | +70.6% |
| Gross operating margin | 9900 | -€10,006 | -€9,721 | +€285 | +2.8% |
| Operating profit (loss) | 9901 | -€71,008 | -€80,508 | -€9,500 | -13.4% |
| Financial income | 75/76B | €149,122 | €154,405 | +€5,283 | +3.5% |
| Recurring financial income | 75 | €149,122 | €180 | -€148,942 | -99.9% |
| Non-recurring financial income | 76B | €149,122 | €154,225 | +€5,103 | +3.4% |
| Financial charges | 65/66B | €18,456 | €17,231 | -€1,225 | -6.6% |
| Recurring financial charges | 65 | €18,456 | €17,231 | -€1,225 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €59,658 | €56,666 | -€2,992 | -5.0% |
| Profit (loss) for the period | 9904 | €59,658 | €56,666 | -€2,992 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,658 | €56,666 | -€2,992 | -5.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.