'T KLAVERKE: 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.
'T KLAVERKE
Largest movements
- Receivables within one year +€46,598
up €46,598 (+1,742%), from €2,676 to €49,273
of which Trade receivables: +€47,036
- Cash -€12,459
down €12,459 (-22.0%), from €56,608 to €44,149
mainly Receivables within one year (-€46,598) and Net result for the year (-€9,751)
- Tangible fixed assets -€2,246
down €2,246 (-11.3%), from €19,942 to €17,696
of which Other tangible fixed assets: -€3,394
- Trade debts +€31,732
up €31,732 (+290%), from €10,924 to €42,657
- Profit (loss) carried forward -€9,751
down €9,751, from €4,475 to -€5,277
- Other debts +€4,732
up €4,732 (+18.8%), from €25,143 to €29,876
- Tax, wage and social debts +€4,636
up €4,636 (+30.9%), from €15,000 to €19,636
of which Taxes: +€4,639
- Gross operating margin -€15,702
down €15,702 (-65.3%), from €24,032 to €8,331
- Other operating charges +€3,786
up €3,786 (+57.2%), from €6,619 to €10,406
- Staff costs -€2,761
down €2,761 (-85.3%), from €3,239 to €478
- Taxes -€636
down €636 (-100%), from €636 to €0
- Depreciation +€363
up €363 (+6.0%), from €6,052 to €6,415
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 | €88,707 | €120,056 | +€31,349 | +35.3% |
| Fixed assets | 21/28 | €25,162 | €22,316 | -€2,846 | -11.3% |
| Tangible fixed assets | 22/27 | €19,942 | €17,696 | -€2,246 | -11.3% |
| Plant, machinery and equipment | 23 | €171 | €1,319 | +€1,147 | +670% |
| Other tangible fixed assets | 26 | €19,771 | €16,377 | -€3,394 | -17.2% |
| Financial fixed assets | 28 | €5,220 | €4,620 | -€600 | -11.5% |
| Current assets | 29/58 | €63,545 | €97,740 | +€34,196 | +53.8% |
| Stocks and contracts in progress | 3 | €4,064 | €4,064 | = | 0.0% |
| Stocks | 30/36 | €4,064 | €4,064 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,676 | €49,273 | +€46,598 | +1,742% |
| Trade receivables | 40 | €2,000 | €49,036 | +€47,036 | +2,352% |
| Other amounts receivable | 41 | €676 | €237 | -€439 | -64.9% |
| Cash at bank and in hand | 54/58 | €56,608 | €44,149 | -€12,459 | -22.0% |
| Deferred charges and accrued income | 490/1 | €197 | €254 | +€57 | +29.0% |
| Total equity and liabilities | 10/49 | €88,707 | €120,056 | +€31,349 | +35.3% |
| Equity | 10/15 | €37,639 | €27,887 | -€9,751 | -25.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,964 | €26,964 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,104 | €25,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,475 | -€5,277 | -€9,751 | |
| Amounts payable | 17/49 | €51,068 | €92,168 | +€41,100 | +80.5% |
| Amounts payable within one year | 42/48 | €51,068 | €92,168 | +€41,100 | +80.5% |
| Trade debts | 44 | €10,924 | €42,657 | +€31,732 | +290% |
| Suppliers | 440/4 | €10,924 | €42,657 | +€31,732 | +290% |
| Taxes, remuneration and social security | 45 | €15,000 | €19,636 | +€4,636 | +30.9% |
| Taxes | 450/3 | €10,966 | €15,605 | +€4,639 | +42.3% |
| Remuneration and social security | 454/9 | €4,035 | €4,031 | -€3 | -0.1% |
| Other amounts payable | 47/48 | €25,143 | €29,876 | +€4,732 | +18.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €29 | €9 | -€20 | -69.0% |
| Remuneration, social security and pensions | 62 | €3,239 | €478 | -€2,761 | -85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,052 | €6,415 | +€363 | +6.0% |
| Other operating charges | 640/8 | €6,619 | €10,406 | +€3,786 | +57.2% |
| Gross operating margin | 9900 | €24,032 | €8,331 | -€15,702 | -65.3% |
| Operating profit (loss) | 9901 | €8,122 | -€8,967 | -€17,090 | |
| Financial income | 75/76B | €11 | €207 | +€197 | +1,863% |
| Recurring financial income | 75 | €11 | €207 | +€197 | +1,863% |
| Financial charges | 65/66B | €1,132 | €991 | -€141 | -12.4% |
| Recurring financial charges | 65 | €1,132 | €991 | -€141 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €7,001 | -€9,751 | -€16,752 | |
| Income taxes | 67/77 | €636 | €0 | -€636 | -100% |
| Profit (loss) for the period | 9904 | €6,365 | -€9,751 | -€16,116 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,365 | -€9,751 | -€16,116 |
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 30 October 2026 via checked.be.