KlaverHand: 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.
KlaverHand
Largest movements
- Tangible fixed assets +€15,783
up €15,783 (+2,156%), from €732 to €16,514
of which Other tangible fixed assets: +€15,017
- Cash -€10,712
down €10,712 (-34.6%), from €30,992 to €20,280
mainly Investment in fixed assets (net) (-€17,996) and Tax, wage and social debts (-€11,223)
- Stocks and contracts -€5,992
down €5,992 (-18.5%), from €32,326 to €26,334
- Receivables within one year +€1,342
up €1,342 (+18.9%), from €7,097 to €8,438
of which Trade receivables: +€1,342
- Profit (loss) carried forward +€19,085
up €19,085 (+63.1%), from €30,252 to €49,337
- Tax, wage and social debts -€11,223
down €11,223 (-55.7%), from €20,168 to €8,944
- Other debts -€4,908
down €4,908 (-97.5%), from €5,032 to €124
- Trade debts -€2,102
down €2,102 (-19.7%), from €10,695 to €8,593
- Gross operating margin +€16,602
up €16,602 (+133%), from €12,454 to €29,057
- Taxes +€3,684
up €3,684 (+191%), from €1,930 to €5,614
- Depreciation +€1,415
up €1,415 (+177%), from €798 to €2,214
- Other operating charges -€678
down €678 (-56.6%), from €1,198 to €520
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 | €71,146 | €71,998 | +€852 | +1.2% |
| Fixed assets | 21/28 | €732 | €16,514 | +€15,783 | +2,156% |
| Tangible fixed assets | 22/27 | €732 | €16,514 | +€15,783 | +2,156% |
| Plant, machinery and equipment | 23 | €732 | - | -€732 | |
| Furniture and vehicles | 24 | - | €1,498 | +€1,498 | |
| Other tangible fixed assets | 26 | - | €15,017 | +€15,017 | |
| Current assets | 29/58 | €70,415 | €55,484 | -€14,931 | -21.2% |
| Stocks and contracts in progress | 3 | €32,326 | €26,334 | -€5,992 | -18.5% |
| Stocks | 30/36 | €32,326 | €26,334 | -€5,992 | -18.5% |
| Amounts receivable within one year | 40/41 | €7,097 | €8,438 | +€1,342 | +18.9% |
| Trade receivables | 40 | €7,097 | €8,438 | +€1,342 | +18.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €30,992 | €20,280 | -€10,712 | -34.6% |
| Deferred charges and accrued income | 490/1 | €0 | €431 | +€431 | |
| Total equity and liabilities | 10/49 | €71,146 | €71,998 | +€852 | +1.2% |
| Equity | 10/15 | €35,252 | €54,337 | +€19,085 | +54.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,252 | €49,337 | +€19,085 | +63.1% |
| Amounts payable | 17/49 | €35,895 | €17,661 | -€18,234 | -50.8% |
| Amounts payable within one year | 42/48 | €35,895 | €17,661 | -€18,234 | -50.8% |
| Trade debts | 44 | €10,695 | €8,593 | -€2,102 | -19.7% |
| Suppliers | 440/4 | €10,695 | €8,593 | -€2,102 | -19.7% |
| Taxes, remuneration and social security | 45 | €20,168 | €8,944 | -€11,223 | -55.7% |
| Taxes | 450/3 | €20,168 | €8,944 | -€11,223 | -55.7% |
| Other amounts payable | 47/48 | €5,032 | €124 | -€4,908 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €798 | €2,214 | +€1,415 | +177% |
| Other operating charges | 640/8 | €1,198 | €520 | -€678 | -56.6% |
| Gross operating margin | 9900 | €12,454 | €29,057 | +€16,602 | +133% |
| Operating profit (loss) | 9901 | €10,458 | €26,323 | +€15,865 | +152% |
| Financial income | 75/76B | €1 | €59 | +€58 | +4,171% |
| Recurring financial income | 75 | €1 | €59 | +€58 | +4,171% |
| Financial charges | 65/66B | €1,948 | €1,683 | -€265 | -13.6% |
| Recurring financial charges | 65 | €1,948 | €1,683 | -€265 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €8,511 | €24,699 | +€16,188 | +190% |
| Income taxes | 67/77 | €1,930 | €5,614 | +€3,684 | +191% |
| Profit (loss) for the period | 9904 | €6,581 | €19,085 | +€12,504 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €6,581 | €19,085 | +€12,504 | +190% |
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 19 October 2026 via checked.be.