CLYVANTO: 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.
CLYVANTO
Largest movements
- Current investments -€1.6m
down €1.6m (-79.8%), from €2.0m to €397,348
- Cash +€429,017
up €429,017 (+86.7%), from €494,748 to €923,766
mainly Current investments (+€1.6m) and Net result for the year (+€301,277)
- Receivables within one year +€211,045
up €211,045 (+126%), from €167,776 to €378,821
of which Other amounts receivable: +€345,856
- Other debts -€1.3m
down €1.3m (-100%), from €1.3m to €0
- Reserves +€301,277
up €301,277 (+64.0%), from €470,398 to €771,675
of which Distributable reserves: +€301,277
- Tax, wage and social debts +€83,466
up €83,466 (+922%), from €9,054 to €92,519
- Gross operating margin +€408,148
up €408,148, from -€5,869 to €402,279
- Taxes +€143,642
up €143,642 (+7,317%), from €1,963 to €145,605
- Financial income +€14,574
up €14,574 (+41.2%), from €35,403 to €49,977
- Financial charges -€6,920
down €6,920 (-97.0%), from €7,131 to €212
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.
Derived cash bridge
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 | €3,839,136 | €2,916,931 | -€922,205 | -24.0% |
| Fixed assets | 21/28 | €1,208,353 | €1,216,996 | +€8,643 | +0.7% |
| Tangible fixed assets | 22/27 | €12,645 | €21,287 | +€8,643 | +68.4% |
| Plant, machinery and equipment | 23 | €2,763 | €9,712 | +€6,949 | +252% |
| Furniture and vehicles | 24 | €9,882 | €11,575 | +€1,693 | +17.1% |
| Financial fixed assets | 28 | €1,195,709 | €1,195,709 | = | 0.0% |
| Current assets | 29/58 | €2,630,782 | €1,699,935 | -€930,847 | -35.4% |
| Amounts receivable within one year | 40/41 | €167,776 | €378,821 | +€211,045 | +126% |
| Trade receivables | 40 | €134,811 | €0 | -€134,811 | -100% |
| Other amounts receivable | 41 | €32,965 | €378,821 | +€345,856 | +1,049% |
| Current investments | 50/53 | €1,968,211 | €397,348 | -€1.6m | -79.8% |
| Cash at bank and in hand | 54/58 | €494,748 | €923,766 | +€429,017 | +86.7% |
| Deferred charges and accrued income | 490/1 | €48 | €0 | -€48 | -100% |
| Total equity and liabilities | 10/49 | €3,839,136 | €2,916,931 | -€922,205 | -24.0% |
| Equity | 10/15 | €2,516,817 | €2,818,094 | +€301,277 | +12.0% |
| Contributions | 10/11 | €20,869 | €20,869 | = | 0.0% |
| Reserves | 13 | €470,398 | €771,675 | +€301,277 | +64.0% |
| Non-distributable reserves | 130/1 | €2,087 | €2,087 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,087 | €2,087 | = | 0.0% |
| Distributable reserves | 133 | €468,311 | €769,588 | +€301,277 | +64.3% |
| Profit (loss) carried forward | 14 | €2,025,550 | €2,025,550 | = | 0.0% |
| Amounts payable | 17/49 | €1,322,318 | €98,837 | -€1.2m | -92.5% |
| Amounts payable within one year | 42/48 | €1,315,099 | €98,795 | -€1.2m | -92.5% |
| Trade debts | 44 | €5,875 | €6,276 | +€401 | +6.8% |
| Suppliers | 440/4 | €5,875 | €6,276 | +€401 | +6.8% |
| Taxes, remuneration and social security | 45 | €9,054 | €92,519 | +€83,466 | +922% |
| Taxes | 450/3 | €9,054 | €92,519 | +€83,466 | +922% |
| Other amounts payable | 47/48 | €1,300,170 | €0 | -€1.3m | -100% |
| Accrued charges and deferred income | 492/3 | €7,219 | €42 | -€7,177 | -99.4% |
| Non-recurring operating income | 76A | €50,257 | €441,541 | +€391,285 | +779% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,752 | €4,857 | +€1,105 | +29.5% |
| Other operating charges | 640/8 | €3,560 | €305 | -€3,255 | -91.4% |
| Gross operating margin | 9900 | -€5,869 | €402,279 | +€408,148 | |
| Operating profit (loss) | 9901 | -€13,181 | €397,117 | +€410,297 | |
| Financial income | 75/76B | €35,403 | €49,977 | +€14,574 | +41.2% |
| Recurring financial income | 75 | €35,403 | €49,977 | +€14,574 | +41.2% |
| Financial charges | 65/66B | €7,131 | €212 | -€6,920 | -97.0% |
| Recurring financial charges | 65 | €7,131 | €212 | -€6,920 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | €15,091 | €446,882 | +€431,791 | +2,861% |
| Income taxes | 67/77 | €1,963 | €145,605 | +€143,642 | +7,317% |
| Profit (loss) for the period | 9904 | €13,128 | €301,277 | +€288,149 | +2,195% |
| Profit (loss) for the period to be appropriated | 9905 | €13,128 | €301,277 | +€288,149 | +2,195% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.