C.V.ENGINEERING: what changed
Two fiscal 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.ENGINEERING
Largest movements
- Receivables after one year -€60,000
down €60,000 (-50.0%), from €120,000 to €60,000
- Cash +€51,465
up €51,465 (+32.0%), from €160,674 to €212,139
mainly Other debts (+€177,330) and Net result for the year (+€76,783)
- Receivables within one year +€35,466
up €35,466 (+316.9%), from €11,192 to €46,658
of which Other amounts receivable: +€35,466
- Tangible fixed assets +€9,523
up €9,523 (+1645.4%), from €579 to €10,102
- Other debts +€177,330
new in 2025: €177,330
- Reserves -€144,147
down €144,147 (-27.0%), from €533,414 to €389,267
- Tax, wage and social debts +€6,630
up €6,630 (+159.4%), from €4,158 to €10,788
- Taxes +€3,691
up €3,691 (+15.4%), from €23,979 to €27,671
- Depreciation +€1,211
up €1,211 (+78.9%), from €1,536 to €2,748
- Financial income +€952
up €952 (+2.9%), from €33,333 to €34,285
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 | €548,277 | €588,451 | +€40,173 | +7.3% |
| Fixed assets | 21/28 | €250,579 | €260,102 | +€9,523 | +3.8% |
| Tangible fixed assets | 22/27 | €579 | €10,102 | +€9,523 | +1645.4% |
| Furniture and vehicles | 24 | €579 | €10,102 | +€9,523 | +1645.4% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €297,699 | €328,349 | +€30,650 | +10.3% |
| Amounts receivable after more than one year | 29 | €120,000 | €60,000 | -€60,000 | -50.0% |
| Other amounts receivable | 291 | €120,000 | €60,000 | -€60,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €11,192 | €46,658 | +€35,466 | +316.9% |
| Trade receivables | 40 | €7,260 | €7,260 | = | 0.0% |
| Other amounts receivable | 41 | €3,932 | €39,398 | +€35,466 | +902.0% |
| Cash at bank and in hand | 54/58 | €160,674 | €212,139 | +€51,465 | +32.0% |
| Deferred charges and accrued income | 490/1 | €5,833 | €9,552 | +€3,719 | +63.8% |
| Total equity and liabilities | 10/49 | €548,277 | €588,451 | +€40,173 | +7.3% |
| Equity | 10/15 | €543,414 | €399,267 | -€144,147 | -26.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €533,414 | €389,267 | -€144,147 | -27.0% |
| Distributable reserves | 133 | €533,414 | €389,267 | -€144,147 | -27.0% |
| Amounts payable | 17/49 | €4,863 | €189,183 | +€184,320 | +3790.1% |
| Amounts payable within one year | 42/48 | €4,863 | €189,183 | +€184,320 | +3790.1% |
| Trade debts | 44 | €705 | €1,065 | +€360 | +51.1% |
| Suppliers | 440/4 | €705 | €1,065 | +€360 | +51.1% |
| Taxes, remuneration and social security | 45 | €4,158 | €10,788 | +€6,630 | +159.4% |
| Taxes | 450/3 | €4,158 | €10,788 | +€6,630 | +159.4% |
| Other amounts payable | 47/48 | - | €177,330 | +€177,330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,536 | €2,748 | +€1,211 | +78.9% |
| Other operating charges | 640/8 | €692 | €713 | +€21 | +3.0% |
| Gross operating margin | 9900 | €73,497 | €73,836 | +€338 | +0.5% |
| Operating profit (loss) | 9901 | €71,269 | €70,375 | -€894 | -1.3% |
| Financial income | 75/76B | €33,333 | €34,285 | +€952 | +2.9% |
| Recurring financial income | 75 | €33,333 | €34,285 | +€952 | +2.9% |
| Financial charges | 65/66B | €222 | €207 | -€15 | -6.8% |
| Recurring financial charges | 65 | €222 | €207 | -€15 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €104,380 | €104,453 | +€74 | +0.1% |
| Income taxes | 67/77 | €23,979 | €27,671 | +€3,691 | +15.4% |
| Profit (loss) for the period | 9904 | €80,401 | €76,783 | -€3,618 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €80,401 | €76,783 | -€3,618 | -4.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.