De Klaver: 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.
De Klaver
Largest movements
- Cash -€8,257
down €8,257 (-35.2%), from €23,465 to €15,208
mainly Other debts (-€5,872) and Net result for the year (-€5,533)
- Tangible fixed assets -€1,568
down €1,568 (-47.9%), from €3,277 to €1,709
of which Furniture and vehicles: -€2,082
- Other debts -€5,872
down €5,872 (-94.4%), from €6,223 to €351
- Reserves -€5,533
down €5,533 (-36.1%), from €15,337 to €9,804
- Tax, wage and social debts +€3,939
up €3,939 (+718%), from €549 to €4,487
of which Taxes: +€2,237
- Trade debts -€2,533
no longer reported in 2025 (was €2,533)
- Gross operating margin -€6,648
down €6,648 (-33.3%), from €19,956 to €13,307
- Staff costs +€1,324
up €1,324 (+12.7%), from €10,407 to €11,731
- Financial charges +€905
up €905 (+105%), from €863 to €1,768
- Depreciation -€224
down €224 (-5.4%), from €4,156 to €3,932
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 | €27,642 | €17,642 | -€10,000 | -36.2% |
| Fixed assets | 21/28 | €3,541 | €1,709 | -€1,832 | -51.7% |
| Intangible fixed assets | 21 | €263 | - | -€263 | |
| Tangible fixed assets | 22/27 | €3,277 | €1,709 | -€1,568 | -47.9% |
| Plant, machinery and equipment | 23 | €1,195 | €1,709 | +€513 | +42.9% |
| Furniture and vehicles | 24 | €2,082 | - | -€2,082 | |
| Current assets | 29/58 | €24,102 | €15,933 | -€8,169 | -33.9% |
| Amounts receivable within one year | 40/41 | €637 | €725 | +€89 | +13.9% |
| Trade receivables | 40 | €128 | €531 | +€403 | +316% |
| Other amounts receivable | 41 | €509 | €195 | -€315 | -61.8% |
| Cash at bank and in hand | 54/58 | €23,465 | €15,208 | -€8,257 | -35.2% |
| Total equity and liabilities | 10/49 | €27,642 | €17,642 | -€10,000 | -36.2% |
| Equity | 10/15 | €18,337 | €12,804 | -€5,533 | -30.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,337 | €9,804 | -€5,533 | -36.1% |
| Distributable reserves | 133 | €15,337 | €9,804 | -€5,533 | -36.1% |
| Amounts payable | 17/49 | €9,305 | €4,838 | -€4,467 | -48.0% |
| Amounts payable within one year | 42/48 | €9,305 | €4,838 | -€4,467 | -48.0% |
| Trade debts | 44 | €2,533 | - | -€2,533 | |
| Suppliers | 440/4 | €2,533 | - | -€2,533 | |
| Taxes, remuneration and social security | 45 | €549 | €4,487 | +€3,939 | +718% |
| Taxes | 450/3 | - | €2,237 | +€2,237 | |
| Remuneration and social security | 454/9 | €549 | €2,251 | +€1,702 | +310% |
| Other amounts payable | 47/48 | €6,223 | €351 | -€5,872 | -94.4% |
| Remuneration, social security and pensions | 62 | €10,407 | €11,731 | +€1,324 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,156 | €3,932 | -€224 | -5.4% |
| Other operating charges | 640/8 | €1,538 | €1,410 | -€128 | -8.3% |
| Gross operating margin | 9900 | €19,956 | €13,307 | -€6,648 | -33.3% |
| Operating profit (loss) | 9901 | €3,854 | -€3,766 | -€7,620 | |
| Financial charges | 65/66B | €863 | €1,768 | +€905 | +105% |
| Recurring financial charges | 65 | €863 | €1,768 | +€905 | +105% |
| Profit (loss) for the period before taxes | 9903 | €2,992 | -€5,533 | -€8,525 | |
| Profit (loss) for the period | 9904 | €2,992 | -€5,533 | -€8,525 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,992 | -€5,533 | -€8,525 |
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 27 October 2026 via checked.be.