CLYVAN: 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.
What changed
CLYVAN
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€470
2024 · €17,377-€16,907
Equity
€576,433
2024 · €575,962+€470
Cash
€8,191
2024 · €3,469+€4,722
Balance sheet total
€1.5m
2024 · €1.6m-€79,444
Largest movements
Assets
- Receivables within one year -€45,128
down €45,128 (-6.7%), from €669,754 to €624,626
of which Trade receivables: -€37,932
- Tangible fixed assets -€35,730
down €35,730 (-4.0%), from €884,417 to €848,687
of which Leasing and similar rights: -€20,462
Equity and liabilities
- Debts after one year -€58,392
down €58,392 (-7.2%), from €805,524 to €747,132
Income statement
- Gross operating margin -€9,212
down €9,212 (-11.1%), from €83,063 to €73,852
- Financial income -€8,222
down €8,222 (-20.1%), from €40,983 to €32,761
- Taxes -€6,581
down €6,581 (-58.1%), from €11,328 to €4,746
- Other operating charges +€4,733
up €4,733 (+134.7%), from €3,513 to €8,246
- Staff costs +€3,482
up €3,482 (+22.6%), from €15,401 to €18,884
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.
Result 2024
€17,377
Gross operating margin
-€9,212
Staff costs
-€3,482
Depreciation
+€657
Other operating charges
-€4,733
Financial income
-€8,222
Financial charges
+€1,504
Taxes
+€6,581
Result 2025
€470
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.
From operations
+€64,978
Investment
-€4,153
Financing
-€56,102
Cash 2024
€3,469
From operations (derived)
+€64,978
Net result for the year
+€470
Depreciation
+€39,883
Receivables within one year
+€45,128
Deferred charges and accrued income
+€3,308
Provisions
-€4,747
Trade debts
-€12,046
Tax, wage and social debts
-€290
Other debts
-€2,487
Accrued charges and deferred income
-€4,241
Investment (derived)
-€4,153
Investment in fixed assets (net)
-€4,153
Financing
-€56,102
Debts after one year
-€58,392
Current portion of long-term debt
+€2,290
Cash 2025
€8,191
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,566,233 | €1,486,789 | -€79,444 | -5.1% |
| Fixed assets | 21/28 | €889,655 | €853,925 | -€35,730 | -4.0% |
| Tangible fixed assets | 22/27 | €884,417 | €848,687 | -€35,730 | -4.0% |
| Land and buildings | 22 | €48,696 | €45,535 | -€3,161 | -6.5% |
| Plant, machinery and equipment | 23 | €34,686 | €22,578 | -€12,108 | -34.9% |
| Leasing and similar rights | 25 | €801,035 | €780,574 | -€20,462 | -2.6% |
| Financial fixed assets | 28 | €5,238 | €5,238 | = | 0.0% |
| Current assets | 29/58 | €676,578 | €632,864 | -€43,713 | -6.5% |
| Amounts receivable within one year | 40/41 | €669,754 | €624,626 | -€45,128 | -6.7% |
| Trade receivables | 40 | €37,932 | - | -€37,932 | |
| Other amounts receivable | 41 | €631,822 | €624,626 | -€7,196 | -1.1% |
| Cash at bank and in hand | 54/58 | €3,469 | €8,191 | +€4,722 | +136.1% |
| Deferred charges and accrued income | 490/1 | €3,355 | €47 | -€3,308 | -98.6% |
| Total equity and liabilities | 10/49 | €1,566,233 | €1,486,789 | -€79,444 | -5.1% |
| Equity | 10/15 | €575,962 | €576,433 | +€470 | +0.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €61,500 | €61,500 | = | 0.0% |
| Other | 1109/19 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €278,986 | €266,418 | -€12,569 | -4.5% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €35,000 | €35,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €196,237 | €183,669 | -€12,569 | -6.4% |
| Distributable reserves | 133 | €47,749 | €47,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,476 | €248,515 | +€13,039 | +5.5% |
| Provisions and deferred taxes | 16 | €83,507 | €78,759 | -€4,747 | -5.7% |
| Deferred taxes | 168 | €83,507 | €78,759 | -€4,747 | -5.7% |
| Amounts payable | 17/49 | €906,764 | €831,597 | -€75,167 | -8.3% |
| Amounts payable after more than one year | 17 | €805,524 | €747,132 | -€58,392 | -7.2% |
| Financial debts | 170/4 | €805,524 | €747,132 | -€58,392 | -7.2% |
| Amounts payable within one year | 42/48 | €96,161 | €83,627 | -€12,534 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €56,102 | €58,392 | +€2,290 | +4.1% |
| Trade debts | 44 | €17,094 | €5,048 | -€12,046 | -70.5% |
| Suppliers | 440/4 | €17,094 | €5,048 | -€12,046 | -70.5% |
| Taxes, remuneration and social security | 45 | €16,364 | €16,074 | -€290 | -1.8% |
| Taxes | 450/3 | €16,364 | €16,074 | -€290 | -1.8% |
| Other amounts payable | 47/48 | €6,600 | €4,113 | -€2,487 | -37.7% |
| Accrued charges and deferred income | 492/3 | €5,079 | €838 | -€4,241 | -83.5% |
| Non-recurring operating income | 76A | €2,372 | - | -€2,372 | |
| Remuneration, social security and pensions | 62 | €15,401 | €18,884 | +€3,482 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,540 | €39,883 | -€657 | -1.6% |
| Other operating charges | 640/8 | €3,513 | €8,246 | +€4,733 | +134.7% |
| Gross operating margin | 9900 | €83,063 | €73,852 | -€9,212 | -11.1% |
| Operating profit (loss) | 9901 | €23,609 | €6,840 | -€16,770 | -71.0% |
| Financial income | 75/76B | €40,983 | €32,761 | -€8,222 | -20.1% |
| Recurring financial income | 75 | €40,983 | €32,761 | -€8,222 | -20.1% |
| Financial charges | 65/66B | €40,635 | €39,131 | -€1,504 | -3.7% |
| Recurring financial charges | 65 | €40,635 | €39,131 | -€1,504 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €23,957 | €469 | -€23,488 | -98.0% |
| Transfer from deferred taxes | 780 | €4,747 | €4,747 | = | 0.0% |
| Income taxes | 67/77 | €11,328 | €4,746 | -€6,581 | -58.1% |
| Profit (loss) for the period | 9904 | €17,377 | €470 | -€16,907 | -97.3% |
| Transfer from tax-exempt reserves | 789 | €12,569 | €12,569 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,945 | €13,039 | -€16,907 | -56.5% |
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 12 October 2026 via checked.be.