C.E.V.V Technical Services: 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.E.V.V Technical Services
Largest movements
- Receivables within one year -€35,860
down €35,860 (-42.3%), from €84,706 to €48,845
of which Trade receivables: -€75,920
- Tangible fixed assets -€30,312
down €30,312 (-4.7%), from €638,823 to €608,512
of which Land and buildings: -€29,937
- Cash -€10,781
down €10,781 (-18.8%), from €57,308 to €46,527
mainly Debts after one year (-€80,000) and Net result for the year (-€76,919)
- Debts after one year -€80,000
down €80,000 (-8.7%), from €924,000 to €844,000
of which Financial debts: -€80,000
- Current portion of long-term debt +€80,000
up €80,000 (+100%), from €80,000 to €160,000
- Profit (loss) carried forward -€76,919
down €76,919 (-3.3%), from -€2.3m to -€2.4m
- Accrued charges and deferred income +€21,272
up €21,272 (+267%), from €7,973 to €29,246
- Other debts -€15,725
down €15,725 (-79.5%), from €19,781 to €4,056
- Provisions -€1.5m
no longer reported in 2025 (was €1.5m)
- Financial charges -€429,894
down €429,894 (-93.3%), from €460,592 to €30,697
of which Non-recurring financial charges: -€411,964
- Gross operating margin -€379,003
down €379,003 (-99.0%), from €382,934 to €3,931
- Staff costs -€180,207
down €180,207 (-93.7%), from €192,395 to €12,188
- Financial income -€133,477
down €133,477 (-100.0%), from €133,530 to €52
of which Non-recurring financial income: -€116,152
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 | €781,698 | €704,546 | -€77,153 | -9.9% |
| Fixed assets | 21/28 | €639,685 | €609,173 | -€30,512 | -4.8% |
| Tangible fixed assets | 22/27 | €638,823 | €608,512 | -€30,312 | -4.7% |
| Land and buildings | 22 | €638,444 | €608,506 | -€29,937 | -4.7% |
| Furniture and vehicles | 24 | €380 | €5 | -€375 | -98.6% |
| Financial fixed assets | 28 | €861 | €661 | -€200 | -23.2% |
| Current assets | 29/58 | €142,014 | €95,373 | -€46,641 | -32.8% |
| Amounts receivable within one year | 40/41 | €84,706 | €48,845 | -€35,860 | -42.3% |
| Trade receivables | 40 | €75,920 | - | -€75,920 | |
| Other amounts receivable | 41 | €8,786 | €48,845 | +€40,059 | +456% |
| Cash at bank and in hand | 54/58 | €57,308 | €46,527 | -€10,781 | -18.8% |
| Total equity and liabilities | 10/49 | €781,698 | €704,546 | -€77,153 | -9.9% |
| Equity | 10/15 | -€1,760,897 | -€1,837,816 | -€76,919 | -4.4% |
| Contributions | 10/11 | €311,200 | €311,200 | = | 0.0% |
| Reserves | 13 | €177,570 | €177,570 | = | 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% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €156,960 | €156,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,308,393 | -€2,385,312 | -€76,919 | -3.3% |
| Investment grants | 15 | €58,726 | €58,726 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,456,770 | €1,456,770 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,456,770 | €1,456,770 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,456,770 | €1,456,770 | = | 0.0% |
| Amounts payable | 17/49 | €1,085,825 | €1,085,591 | -€233 | 0.0% |
| Amounts payable after more than one year | 17 | €924,000 | €844,000 | -€80,000 | -8.7% |
| Financial debts | 170/4 | €370,000 | €290,000 | -€80,000 | -21.6% |
| Other amounts payable | 178/9 | €554,000 | €554,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €153,851 | €212,346 | +€58,494 | +38.0% |
| Current portion of amounts payable after more than one year | 42 | €80,000 | €160,000 | +€80,000 | +100% |
| Trade debts | 44 | €54,071 | €48,290 | -€5,781 | -10.7% |
| Suppliers | 440/4 | €54,071 | €48,290 | -€5,781 | -10.7% |
| Other amounts payable | 47/48 | €19,781 | €4,056 | -€15,725 | -79.5% |
| Accrued charges and deferred income | 492/3 | €7,973 | €29,246 | +€21,272 | +267% |
| Remuneration, social security and pensions | 62 | €192,395 | €12,188 | -€180,207 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,012 | €30,312 | -€2,700 | -8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,691 | - | -€1,691 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,467,880 | - | -€1.5m | |
| Other operating charges | 640/8 | €2,758 | €653 | -€2,105 | -76.3% |
| Non-recurring operating charges | 66A | €5,925 | - | -€5,925 | |
| Gross operating margin | 9900 | €382,934 | €3,931 | -€379,003 | -99.0% |
| Operating profit (loss) | 9901 | -€1,320,727 | -€39,222 | +€1.3m | +97.0% |
| Financial income | 75/76B | €133,530 | €52 | -€133,477 | -100.0% |
| Recurring financial income | 75 | €17,378 | €52 | -€17,325 | -99.7% |
| Non-recurring financial income | 76B | €116,152 | - | -€116,152 | |
| Financial charges | 65/66B | €460,592 | €30,697 | -€429,894 | -93.3% |
| Recurring financial charges | 65 | €48,628 | €30,697 | -€17,930 | -36.9% |
| Non-recurring financial charges | 66B | €411,964 | - | -€411,964 | |
| Profit (loss) for the period before taxes | 9903 | -€1,647,789 | -€69,867 | +€1.6m | +95.8% |
| Income taxes | 67/77 | - | €7,052 | +€7,052 | |
| Profit (loss) for the period | 9904 | -€1,647,789 | -€76,919 | +€1.6m | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,647,789 | -€76,919 | +€1.6m | +95.3% |
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 15 October 2026 via checked.be.