KLAVER VIEREN: 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.
KLAVER VIEREN
Largest movements
- Current investments -€50,000
down €50,000 (-4.2%), from €1.2m to €1.2m
- Reserves -€64,304
down €64,304 (-8.9%), from €725,593 to €661,289
of which Distributable reserves: -€69,531
- Financial income -€2,307
down €2,307 (-1.8%), from €129,019 to €126,713
- Taxes -€601
down €601 (-3.5%), from €17,386 to €16,785
- Gross operating margin +€441
up €441 (+2.0%), from €22,495 to €22,937
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 | €2,055,024 | €1,989,703 | -€65,320 | -3.2% |
| Fixed assets | 21/28 | €809,124 | €809,124 | = | 0.0% |
| Financial fixed assets | 28 | €809,124 | €809,124 | = | 0.0% |
| Current assets | 29/58 | €1,245,899 | €1,180,579 | -€65,320 | -5.2% |
| Amounts receivable within one year | 40/41 | €20 | €20 | = | 0.0% |
| Other amounts receivable | 41 | €20 | €20 | = | 0.0% |
| Current investments | 50/53 | €1,200,000 | €1,150,000 | -€50,000 | -4.2% |
| Cash at bank and in hand | 54/58 | €38,852 | €27,157 | -€11,695 | -30.1% |
| Deferred charges and accrued income | 490/1 | €7,027 | €3,403 | -€3,625 | -51.6% |
| Total equity and liabilities | 10/49 | €2,055,024 | €1,989,703 | -€65,320 | -3.2% |
| Equity | 10/15 | €1,602,181 | €1,537,877 | -€64,304 | -4.0% |
| Contributions | 10/11 | €876,588 | €876,588 | = | 0.0% |
| Capital | 10 | €876,588 | €876,588 | = | 0.0% |
| Issued capital | 100 | €876,588 | €876,588 | = | 0.0% |
| Reserves | 13 | €725,593 | €661,289 | -€64,304 | -8.9% |
| Non-distributable reserves | 130/1 | €73,014 | €78,241 | +€5,227 | +7.2% |
| Legal reserve | 130 | €73,014 | €78,241 | +€5,227 | +7.2% |
| Distributable reserves | 133 | €652,579 | €583,048 | -€69,531 | -10.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €452,843 | €451,827 | -€1,016 | -0.2% |
| Amounts payable after more than one year | 17 | €450,734 | €450,734 | = | 0.0% |
| Other amounts payable | 178/9 | €450,734 | €450,734 | = | 0.0% |
| Amounts payable within one year | 42/48 | €0 | €71 | +€71 | |
| Taxes, remuneration and social security | 45 | €0 | €71 | +€71 | |
| Taxes | 450/3 | €0 | €71 | +€71 | |
| Accrued charges and deferred income | 492/3 | €2,108 | €1,021 | -€1,087 | -51.6% |
| Other operating charges | 640/8 | €1,179 | €1,214 | +€36 | +3.0% |
| Gross operating margin | 9900 | €22,495 | €22,937 | +€441 | +2.0% |
| Operating profit (loss) | 9901 | €21,317 | €21,722 | +€406 | +1.9% |
| Financial income | 75/76B | €129,019 | €126,713 | -€2,307 | -1.8% |
| Recurring financial income | 75 | €129,019 | €126,713 | -€2,307 | -1.8% |
| Financial charges | 65/66B | €27,122 | €27,110 | -€12 | 0.0% |
| Recurring financial charges | 65 | €27,122 | €27,110 | -€12 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €123,214 | €121,325 | -€1,889 | -1.5% |
| Income taxes | 67/77 | €17,386 | €16,785 | -€601 | -3.5% |
| Profit (loss) for the period | 9904 | €105,827 | €104,540 | -€1,288 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €105,827 | €104,540 | -€1,288 | -1.2% |
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 29 October 2026 via checked.be.