CLEVAN: 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.
CLEVAN
Largest movements
- Cash -€87,830
down €87,830 (-81.9%), from €107,179 to €19,349
mainly Current investments (-€85,000) and Debts after one year (-€22,600)
- Current investments +€85,000
new in 2025: €85,000
- Tangible fixed assets -€24,940
down €24,940 (-5.8%), from €431,145 to €406,205
of which Land and buildings: -€24,626
- Debts after one year -€22,600
down €22,600 (-24.7%), from €91,680 to €69,080
- Profit (loss) carried forward -€9,643
down €9,643 (-3.0%), from €323,695 to €314,053
- Gross operating margin -€7,087
down €7,087 (-32.2%), from €22,035 to €14,948
- Other operating charges -€1,071
down €1,071 (-27.3%), from €3,922 to €2,851
- Financial income +€614
up €614 (+15,431%), from €4 to €618
- Financial charges -€491
down €491 (-25.8%), from €1,906 to €1,415
- Taxes +€261
up €261 (+205%), from €127 to €388
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 | €542,938 | €512,272 | -€30,666 | -5.6% |
| Fixed assets | 21/28 | €431,145 | €406,205 | -€24,940 | -5.8% |
| Tangible fixed assets | 22/27 | €431,145 | €406,205 | -€24,940 | -5.8% |
| Land and buildings | 22 | €429,864 | €405,238 | -€24,626 | -5.7% |
| Furniture and vehicles | 24 | €1,281 | €967 | -€314 | -24.5% |
| Current assets | 29/58 | €111,793 | €106,067 | -€5,726 | -5.1% |
| Amounts receivable within one year | 40/41 | €2,548 | €1,094 | -€1,453 | -57.0% |
| Trade receivables | 40 | €307 | €618 | +€311 | +101% |
| Other amounts receivable | 41 | €2,241 | €477 | -€1,764 | -78.7% |
| Current investments | 50/53 | - | €85,000 | +€85,000 | |
| Cash at bank and in hand | 54/58 | €107,179 | €19,349 | -€87,830 | -81.9% |
| Deferred charges and accrued income | 490/1 | €2,066 | €623 | -€1,443 | -69.8% |
| Total equity and liabilities | 10/49 | €542,938 | €512,272 | -€30,666 | -5.6% |
| Equity | 10/15 | €405,112 | €392,180 | -€12,932 | -3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,217 | €71,928 | -€3,289 | -4.4% |
| Tax-exempt reserves | 132 | €50,357 | €47,068 | -€3,289 | -6.5% |
| Distributable reserves | 133 | €24,860 | €24,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €323,695 | €314,053 | -€9,643 | -3.0% |
| Provisions and deferred taxes | 16 | €16,781 | €15,685 | -€1,096 | -6.5% |
| Deferred taxes | 168 | €16,781 | €15,685 | -€1,096 | -6.5% |
| Amounts payable | 17/49 | €121,045 | €104,406 | -€16,638 | -13.7% |
| Amounts payable after more than one year | 17 | €91,680 | €69,080 | -€22,600 | -24.7% |
| Financial debts | 170/4 | €91,680 | €69,080 | -€22,600 | -24.7% |
| Amounts payable within one year | 42/48 | €29,365 | €33,107 | +€3,742 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €22,390 | €22,600 | +€210 | +0.9% |
| Trade debts | 44 | €4,390 | €3,152 | -€1,238 | -28.2% |
| Suppliers | 440/4 | €4,390 | €3,152 | -€1,238 | -28.2% |
| Taxes, remuneration and social security | 45 | €870 | €263 | -€607 | -69.7% |
| Taxes | 450/3 | €270 | €263 | -€7 | -2.6% |
| Remuneration and social security | 454/9 | €600 | - | -€600 | |
| Other amounts payable | 47/48 | €1,714 | €7,092 | +€5,377 | +314% |
| Accrued charges and deferred income | 492/3 | - | €2,220 | +€2,220 | |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,915 | €24,940 | +€25 | +0.1% |
| Other operating charges | 640/8 | €3,922 | €2,851 | -€1,071 | -27.3% |
| Gross operating margin | 9900 | €22,035 | €14,948 | -€7,087 | -32.2% |
| Operating profit (loss) | 9901 | -€6,802 | -€12,843 | -€6,041 | -88.8% |
| Financial income | 75/76B | €4 | €618 | +€614 | +15,431% |
| Recurring financial income | 75 | €4 | €618 | +€614 | +15,431% |
| Financial charges | 65/66B | €1,906 | €1,415 | -€491 | -25.8% |
| Recurring financial charges | 65 | €1,906 | €1,415 | -€491 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,704 | -€13,640 | -€4,936 | -56.7% |
| Transfer from deferred taxes | 780 | €1,096 | €1,096 | -€0 | 0.0% |
| Income taxes | 67/77 | €127 | €388 | +€261 | +205% |
| Profit (loss) for the period | 9904 | -€7,735 | -€12,932 | -€5,197 | -67.2% |
| Transfer from tax-exempt reserves | 789 | €3,289 | €3,289 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,446 | -€9,643 | -€5,197 | -117% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.