C&V bv: 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&V bv
Largest movements
- Receivables within one year +€13,382
up €13,382 (+13.0%), from €103,158 to €116,541
of which Trade receivables: +€15,188
- Cash +€6,248
up €6,248 (+85.6%), from €7,300 to €13,548
mainly Net result for the year (+€37,233) and Depreciation (+€10,109)
- Tangible fixed assets +€4,994
up €4,994 (+20.1%), from €24,784 to €29,778
of which Other tangible fixed assets: +€12,230
- Profit (loss) carried forward +€27,233
up €27,233 (+160.8%), from €16,940 to €44,173
- Trade debts -€10,285
down €10,285 (-30.2%), from €34,027 to €23,742
- Tax, wage and social debts +€6,430
up €6,430 (+33.0%), from €19,505 to €25,935
of which Taxes: +€6,198
- Debts after one year +€4,074
up €4,074 (+10.8%), from €37,625 to €41,699
- Short-term financial debts -€2,088
down €2,088 (-58.0%), from €3,600 to €1,512
- Gross operating margin +€25,987
up €25,987 (+28.5%), from €91,221 to €117,209
- Staff costs -€5,534
down €5,534 (-8.4%), from €65,665 to €60,131
- Taxes +€4,304
up €4,304 (+111.7%), from €3,852 to €8,156
- Depreciation +€1,839
up €1,839 (+22.2%), from €8,270 to €10,109
- Other operating charges +€1,444
up €1,444 (+68.5%), from €2,109 to €3,553
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 | €151,415 | €175,906 | +€24,491 | +16.2% |
| Fixed assets | 21/28 | €30,615 | €35,132 | +€4,517 | +14.8% |
| Intangible fixed assets | 21 | €581 | €104 | -€477 | -82.1% |
| Tangible fixed assets | 22/27 | €24,784 | €29,778 | +€4,994 | +20.1% |
| Plant, machinery and equipment | 23 | €7,155 | €4,374 | -€2,781 | -38.9% |
| Furniture and vehicles | 24 | €630 | €477 | -€153 | -24.3% |
| Leasing and similar rights | 25 | €16,241 | €11,939 | -€4,302 | -26.5% |
| Other tangible fixed assets | 26 | €759 | €12,988 | +€12,230 | +1612.0% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €120,800 | €140,774 | +€19,975 | +16.5% |
| Stocks and contracts in progress | 3 | €8,866 | €8,565 | -€301 | -3.4% |
| Stocks | 30/36 | €8,866 | €8,565 | -€301 | -3.4% |
| Amounts receivable within one year | 40/41 | €103,158 | €116,541 | +€13,382 | +13.0% |
| Trade receivables | 40 | €4,116 | €19,305 | +€15,188 | +369.0% |
| Other amounts receivable | 41 | €99,042 | €97,236 | -€1,806 | -1.8% |
| Cash at bank and in hand | 54/58 | €7,300 | €13,548 | +€6,248 | +85.6% |
| Deferred charges and accrued income | 490/1 | €1,476 | €2,121 | +€645 | +43.7% |
| Total equity and liabilities | 10/49 | €151,415 | €175,906 | +€24,491 | +16.2% |
| Equity | 10/15 | €38,529 | €65,762 | +€27,233 | +70.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,589 | €1,589 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,589 | €1,589 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,589 | €1,589 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,940 | €44,173 | +€27,233 | +160.8% |
| Amounts payable | 17/49 | €112,886 | €110,144 | -€2,742 | -2.4% |
| Amounts payable after more than one year | 17 | €37,625 | €41,699 | +€4,074 | +10.8% |
| Financial debts | 170/4 | €37,625 | €41,699 | +€4,074 | +10.8% |
| Amounts payable within one year | 42/48 | €72,761 | €65,945 | -€6,816 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €4,128 | €4,756 | +€628 | +15.2% |
| Financial debts | 43 | €3,600 | €1,512 | -€2,088 | -58.0% |
| Credit institutions | 430/8 | €3,600 | €1,512 | -€2,088 | -58.0% |
| Trade debts | 44 | €34,027 | €23,742 | -€10,285 | -30.2% |
| Suppliers | 440/4 | €34,027 | €23,742 | -€10,285 | -30.2% |
| Taxes, remuneration and social security | 45 | €19,505 | €25,935 | +€6,430 | +33.0% |
| Taxes | 450/3 | €10,505 | €16,703 | +€6,198 | +59.0% |
| Remuneration and social security | 454/9 | €9,001 | €9,232 | +€231 | +2.6% |
| Other amounts payable | 47/48 | €11,500 | €10,000 | -€1,500 | -13.0% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €65,665 | €60,131 | -€5,534 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,270 | €10,109 | +€1,839 | +22.2% |
| Other operating charges | 640/8 | €2,109 | €3,553 | +€1,444 | +68.5% |
| Non-recurring operating charges | 66A | €100 | - | -€100 | |
| Gross operating margin | 9900 | €91,221 | €117,209 | +€25,987 | +28.5% |
| Operating profit (loss) | 9901 | €15,078 | €43,416 | +€28,338 | +188.0% |
| Financial income | 75/76B | €5,345 | €5,494 | +€149 | +2.8% |
| Recurring financial income | 75 | €5,345 | €5,494 | +€149 | +2.8% |
| Financial charges | 65/66B | €4,263 | €3,521 | -€741 | -17.4% |
| Recurring financial charges | 65 | €4,263 | €3,521 | -€741 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €16,160 | €45,389 | +€29,229 | +180.9% |
| Income taxes | 67/77 | €3,852 | €8,156 | +€4,304 | +111.7% |
| Profit (loss) for the period | 9904 | €12,308 | €37,233 | +€24,925 | +202.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,308 | €37,233 | +€24,925 | +202.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.