C.A.V. CONSTRUCTION: 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.
C.A.V. CONSTRUCTION
Largest movements
- Receivables within one year +€8,610
up €8,610 (+50.2%), from €17,140 to €25,750
of which Trade receivables: +€7,999
- Tangible fixed assets -€6,804
down €6,804 (-28.0%), from €24,279 to €17,475
- Cash -€2,999
down €2,999 (-24.7%), from €12,121 to €9,122
mainly Receivables within one year (-€8,610) and Debts after one year (-€6,445)
- Deferred charges and accrued income +€2,127
up €2,127 (+82.4%), from €2,582 to €4,709
- Tax, wage and social debts +€7,560
up €7,560 (+28.1%), from €26,929 to €34,489
of which Remuneration and social security: +€5,038
- Debts after one year -€6,445
down €6,445 (-43.4%), from €14,834 to €8,389
- Trade debts +€2,373
up €2,373 (+19.1%), from €12,449 to €14,822
- Current portion of long-term debt -€2,107
down €2,107 (-24.6%), from €8,552 to €6,445
- Gross operating margin +€10,199
up €10,199 (+15.5%), from €65,592 to €75,791
- Staff costs +€6,819
up €6,819 (+11.9%), from €57,340 to €64,159
- Depreciation -€3,428
down €3,428 (-27.6%), from €12,439 to €9,011
- Other operating charges -€1,138
down €1,138 (-48.6%), from €2,340 to €1,202
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 | €57,622 | €58,756 | +€1,134 | +2.0% |
| Fixed assets | 21/28 | €24,279 | €17,475 | -€6,804 | -28.0% |
| Tangible fixed assets | 22/27 | €24,279 | €17,475 | -€6,804 | -28.0% |
| Furniture and vehicles | 24 | €24,279 | €17,475 | -€6,804 | -28.0% |
| Current assets | 29/58 | €33,343 | €41,281 | +€7,938 | +23.8% |
| Stocks and contracts in progress | 3 | €1,500 | €1,700 | +€200 | +13.3% |
| Stocks | 30/36 | €1,500 | €1,700 | +€200 | +13.3% |
| Amounts receivable within one year | 40/41 | €17,140 | €25,750 | +€8,610 | +50.2% |
| Trade receivables | 40 | €16,646 | €24,645 | +€7,999 | +48.1% |
| Other amounts receivable | 41 | €494 | €1,105 | +€611 | +124% |
| Cash at bank and in hand | 54/58 | €12,121 | €9,122 | -€2,999 | -24.7% |
| Deferred charges and accrued income | 490/1 | €2,582 | €4,709 | +€2,127 | +82.4% |
| Total equity and liabilities | 10/49 | €57,622 | €58,756 | +€1,134 | +2.0% |
| Equity | 10/15 | -€6,958 | -€7,205 | -€247 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€27,418 | -€27,665 | -€247 | -0.9% |
| Amounts payable | 17/49 | €64,580 | €65,961 | +€1,381 | +2.1% |
| Amounts payable after more than one year | 17 | €14,834 | €8,389 | -€6,445 | -43.4% |
| Financial debts | 170/4 | €14,834 | €8,389 | -€6,445 | -43.4% |
| Amounts payable within one year | 42/48 | €48,996 | €56,822 | +€7,826 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €8,552 | €6,445 | -€2,107 | -24.6% |
| Trade debts | 44 | €12,449 | €14,822 | +€2,373 | +19.1% |
| Suppliers | 440/4 | €12,449 | €14,822 | +€2,373 | +19.1% |
| Taxes, remuneration and social security | 45 | €26,929 | €34,489 | +€7,560 | +28.1% |
| Taxes | 450/3 | €2,675 | €5,197 | +€2,522 | +94.3% |
| Remuneration and social security | 454/9 | €24,254 | €29,292 | +€5,038 | +20.8% |
| Other amounts payable | 47/48 | €1,066 | €1,066 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €57,340 | €64,159 | +€6,819 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,439 | €9,011 | -€3,428 | -27.6% |
| Other operating charges | 640/8 | €2,340 | €1,202 | -€1,138 | -48.6% |
| Gross operating margin | 9900 | €65,592 | €75,791 | +€10,199 | +15.5% |
| Operating profit (loss) | 9901 | -€6,527 | €1,419 | +€7,946 | |
| Financial income | 75/76B | - | €311 | +€311 | |
| Recurring financial income | 75 | - | €311 | +€311 | |
| Financial charges | 65/66B | €1,364 | €818 | -€546 | -40.0% |
| Recurring financial charges | 65 | €1,364 | €818 | -€546 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,891 | €912 | +€8,803 | |
| Income taxes | 67/77 | €665 | €1,159 | +€494 | +74.3% |
| Profit (loss) for the period | 9904 | -€8,556 | -€247 | +€8,309 | +97.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,556 | -€247 | +€8,309 | +97.1% |
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 18 October 2026 via checked.be.