KLAVERTJE: 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.
KLAVERTJE
Largest movements
- Cash +€32,949
up €32,949 (+88.3%), from €37,318 to €70,267
mainly Net result for the year (+€23,293) and Depreciation (+€10,167)
- Tangible fixed assets -€10,167
down €10,167 (-22.5%), from €45,169 to €35,001
of which Land and buildings: -€5,275
- Receivables within one year -€2,637
down €2,637 (-64.4%), from €4,096 to €1,459
- Reserves +€21,334
up €21,334 (+37.9%), from €56,252 to €77,586
of which Distributable reserves: +€21,334
- Gross operating margin -€6,017
down €6,017 (-11.1%), from €54,383 to €48,366
- Taxes -€1,415
down €1,415 (-10.9%), from €12,978 to €11,563
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 | €86,606 | €106,927 | +€20,321 | +23.5% |
| Fixed assets | 21/28 | €45,169 | €35,001 | -€10,167 | -22.5% |
| Tangible fixed assets | 22/27 | €45,169 | €35,001 | -€10,167 | -22.5% |
| Land and buildings | 22 | €39,177 | €33,902 | -€5,275 | -13.5% |
| Furniture and vehicles | 24 | €5,992 | €1,099 | -€4,893 | -81.7% |
| Current assets | 29/58 | €41,437 | €71,926 | +€30,489 | +73.6% |
| Amounts receivable within one year | 40/41 | €4,096 | €1,459 | -€2,637 | -64.4% |
| Other amounts receivable | 41 | €4,096 | €1,459 | -€2,637 | -64.4% |
| Cash at bank and in hand | 54/58 | €37,318 | €70,267 | +€32,949 | +88.3% |
| Deferred charges and accrued income | 490/1 | €23 | €200 | +€177 | +774.7% |
| Total equity and liabilities | 10/49 | €86,606 | €106,927 | +€20,321 | +23.5% |
| Equity | 10/15 | €74,844 | €96,178 | +€21,334 | +28.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €56,252 | €77,586 | +€21,334 | +37.9% |
| Tax-exempt reserves | 132 | €24,726 | €24,726 | = | 0.0% |
| Distributable reserves | 133 | €31,526 | €52,860 | +€21,334 | +67.7% |
| Amounts payable | 17/49 | €11,762 | €10,749 | -€1,013 | -8.6% |
| Amounts payable within one year | 42/48 | €11,762 | €10,749 | -€1,013 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €2,222 | €2,215 | -€7 | -0.3% |
| Trade debts | 44 | €126 | - | -€126 | |
| Suppliers | 440/4 | €126 | - | -€126 | |
| Taxes, remuneration and social security | 45 | €1,853 | €973 | -€880 | -47.5% |
| Taxes | 450/3 | €1,853 | €973 | -€880 | -47.5% |
| Other amounts payable | 47/48 | €7,561 | €7,561 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,167 | €10,167 | = | 0.0% |
| Other operating charges | 640/8 | €2,932 | €2,916 | -€16 | -0.6% |
| Gross operating margin | 9900 | €54,383 | €48,366 | -€6,017 | -11.1% |
| Operating profit (loss) | 9901 | €41,283 | €35,282 | -€6,001 | -14.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €489 | €427 | -€62 | -12.7% |
| Recurring financial charges | 65 | €489 | €427 | -€62 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €40,795 | €34,856 | -€5,939 | -14.6% |
| Income taxes | 67/77 | €12,978 | €11,563 | -€1,415 | -10.9% |
| Profit (loss) for the period | 9904 | €27,816 | €23,293 | -€4,523 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,816 | €23,293 | -€4,523 | -16.3% |
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 7 October 2026 via checked.be.