Klaver4: what changed
Two fiscal 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.
Klaver4
Largest movements
- Tangible fixed assets -€9,773
down €9,773 (-2.9%), from €340,662 to €330,889
of which Land and buildings: -€7,273
- Cash -€7,790
down €7,790 (-51.4%), from €15,165 to €7,375
mainly Debts after one year (-€11,607) and Net result for the year (-€8,354)
- Debts after one year -€11,607
down €11,607 (-3.3%), from €356,268 to €344,661
- Profit (loss) carried forward -€8,354
down €8,354 (-11.5%), from -€72,476 to -€80,830
- Financial charges -€1,199
down €1,199 (-11.4%), from €10,477 to €9,277
- Gross operating margin -€276
down €276 (-2.3%), from €12,073 to €11,797
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,827 | €338,265 | -€17,563 | -4.9% |
| Fixed assets | 21/28 | €340,662 | €330,889 | -€9,773 | -2.9% |
| Tangible fixed assets | 22/27 | €340,662 | €330,889 | -€9,773 | -2.9% |
| Land and buildings | 22 | €321,888 | €314,615 | -€7,273 | -2.3% |
| Furniture and vehicles | 24 | €18,774 | €16,274 | -€2,500 | -13.3% |
| Current assets | 29/58 | €15,165 | €7,375 | -€7,790 | -51.4% |
| Cash at bank and in hand | 54/58 | €15,165 | €7,375 | -€7,790 | -51.4% |
| Total equity and liabilities | 10/49 | €355,827 | €338,265 | -€17,563 | -4.9% |
| Equity | 10/15 | -€47,476 | -€55,830 | -€8,354 | -17.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,476 | -€80,830 | -€8,354 | -11.5% |
| Amounts payable | 17/49 | €403,304 | €394,095 | -€9,209 | -2.3% |
| Amounts payable after more than one year | 17 | €356,268 | €344,661 | -€11,607 | -3.3% |
| Financial debts | 170/4 | €356,268 | €344,661 | -€11,607 | -3.3% |
| Amounts payable within one year | 42/48 | €46,252 | €48,683 | +€2,431 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €12,125 | €12,556 | +€431 | +3.6% |
| Trade debts | 44 | €128 | €2,000 | +€1,872 | +1466.3% |
| Suppliers | 440/4 | €128 | €2,000 | +€1,872 | +1466.3% |
| Other amounts payable | 47/48 | €34,000 | €34,128 | +€128 | +0.4% |
| Accrued charges and deferred income | 492/3 | €783 | €750 | -€33 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,773 | €9,773 | = | 0.0% |
| Other operating charges | 640/8 | €1,069 | €1,101 | +€32 | +3.0% |
| Gross operating margin | 9900 | €12,073 | €11,797 | -€276 | -2.3% |
| Operating profit (loss) | 9901 | €1,231 | €924 | -€307 | -25.0% |
| Financial charges | 65/66B | €10,477 | €9,277 | -€1,199 | -11.4% |
| Recurring financial charges | 65 | €10,477 | €9,277 | -€1,199 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,246 | -€8,354 | +€892 | +9.6% |
| Profit (loss) for the period | 9904 | -€9,246 | -€8,354 | +€892 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,246 | -€8,354 | +€892 | +9.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.