C.V.I.: what changed
What changed
C.V.I.
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€110,541
2024 · €506,955-€396,414
Equity
€5.5m
2024 · €5.4m+€110,541
Cash
€57,410
2024 · €53,062+€4,348
Balance sheet total
€14.4m
2024 · €11.6m+€2.8m
Largest movements
Assets
- Intangible fixed assets +€2.8m
new in 2025: €2.8m
- Financial fixed assets -€1.4m
down €1.4m (-14.0%), from €9.6m to €8.3m
of which Affiliated companies: -€1.4m
- Receivables within one year +€1.0m
up €1.0m (+739%), from €137,603 to €1.2m
of which Trade receivables: +€956,709
- Tangible fixed assets +€288,786
up €288,786 (+16.2%), from €1.8m to €2.1m
of which Land and buildings: +€277,453
Equity and liabilities
- Other debts +€1.7m
up €1.7m (+2,159%), from €76,475 to €1.7m
- Tax, wage and social debts +€422,248
up €422,248 (+168%), from €251,956 to €674,204
of which Taxes: +€290,298
- Current portion of long-term debt +€409,740
up €409,740 (+39.7%), from €1.0m to €1.4m
- Trade debts +€145,035
up €145,035 (+91.6%), from €158,287 to €303,322
Income statement
- Depreciation +€326,051
up €326,051 (+486%), from €67,139 to €393,190
- Turnover +€264,483
up €264,483 (+10.7%), from €2.5m to €2.7m
- Staff costs +€129,958
up €129,958 (+10.3%), from €1.3m to €1.4m
- Services and other goods +€120,597
up €120,597 (+38.4%), from €314,458 to €435,055
- Other operating charges +€112,412
up €112,412 (+1,930%), from €5,825 to €118,237
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€506,955
Turnover
+€264,483
Other operating income
+€27,196
Goods and materials
-€1,042
Services and other goods
-€120,597
Staff costs
-€129,958
Depreciation
-€326,051
Write-downs
-€503
Other operating charges
-€112,412
Financial income
-€747
Financial charges
-€18,751
Taxes
+€21,966
Result 2025
€110,541
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.8m
Investment
-€2.2m
Financing
+€414,485
Cash 2024
€53,062
From operations (derived)
+€1.8m
Net result for the year
+€110,541
Depreciation
+€393,190
Receivables within one year
-€1.0m
Deferred charges and accrued income
+€11,653
Trade debts
+€145,035
Tax, wage and social debts
+€422,248
Other debts
+€1.7m
Accrued charges and deferred income
+€34,435
Investment (derived)
-€2.2m
Investment in fixed assets (net)
-€2.2m
Financing
+€414,485
Debts after one year
+€56,054
Current portion of long-term debt
+€409,740
Short-term financial debts
-€51,309
Cash 2025
€57,410
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,615,026 | €14,392,785 | +€2.8m | +23.9% |
| Fixed assets | 21/28 | €11,411,183 | €13,179,474 | +€1.8m | +15.5% |
| Intangible fixed assets | 21 | - | €2,830,510 | +€2.8m | |
| Tangible fixed assets | 22/27 | €1,778,734 | €2,067,520 | +€288,786 | +16.2% |
| Land and buildings | 22 | €1,471,962 | €1,749,415 | +€277,453 | +18.8% |
| Plant, machinery and equipment | 23 | - | €14,457 | +€14,457 | |
| Furniture and vehicles | 24 | €41,672 | €38,549 | -€3,123 | -7.5% |
| Other tangible fixed assets | 26 | €265,100 | €265,100 | = | 0.0% |
| Financial fixed assets | 28 | €9,632,448 | €8,281,443 | -€1.4m | -14.0% |
| Affiliated companies | 280/1 | €9,631,248 | €8,280,243 | -€1.4m | -14.0% |
| Participating interests | 280 | €9,631,248 | €8,280,243 | -€1.4m | -14.0% |
| Other financial fixed assets | 284/8 | €1,200 | €1,200 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €203,843 | €1,213,312 | +€1.0m | +495% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €137,603 | €1,154,377 | +€1.0m | +739% |
| Trade receivables | 40 | €80,116 | €1,036,825 | +€956,709 | +1,194% |
| Other amounts receivable | 41 | €57,488 | €117,553 | +€60,065 | +104% |
| Cash at bank and in hand | 54/58 | €53,062 | €57,410 | +€4,348 | +8.2% |
| Deferred charges and accrued income | 490/1 | €13,178 | €1,525 | -€11,653 | -88.4% |
| Total equity and liabilities | 10/49 | €11,615,026 | €14,392,785 | +€2.8m | +23.9% |
| Equity | 10/15 | €5,369,333 | €5,479,874 | +€110,541 | +2.1% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €5,349,833 | €5,460,374 | +€110,541 | +2.1% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €4,018 | +€4,018 | |
| Distributable reserves | 133 | €5,347,883 | €5,454,406 | +€106,524 | +2.0% |
| Amounts payable | 17/49 | €6,245,693 | €8,912,912 | +€2.7m | +42.7% |
| Amounts payable after more than one year | 17 | €4,499,863 | €4,555,917 | +€56,054 | +1.2% |
| Financial debts | 170/4 | €4,499,863 | €4,555,917 | +€56,054 | +1.2% |
| Subordinated loans | 170 | €1,019,503 | €62,770 | -€956,732 | -93.8% |
| Credit institutions | 173 | €3,480,361 | €4,493,147 | +€1.0m | +29.1% |
| Amounts payable within one year | 42/48 | €1,745,071 | €4,321,801 | +€2.6m | +148% |
| Current portion of amounts payable after more than one year | 42 | €1,032,036 | €1,441,776 | +€409,740 | +39.7% |
| Financial debts | 43 | €226,316 | €175,007 | -€51,309 | -22.7% |
| Credit institutions | 430/8 | €226,316 | €175,007 | -€51,309 | -22.7% |
| Trade debts | 44 | €158,287 | €303,322 | +€145,035 | +91.6% |
| Suppliers | 440/4 | €158,287 | €303,322 | +€145,035 | +91.6% |
| Taxes, remuneration and social security | 45 | €251,956 | €674,204 | +€422,248 | +168% |
| Taxes | 450/3 | €74,704 | €365,002 | +€290,298 | +389% |
| Remuneration and social security | 454/9 | €177,253 | €309,202 | +€131,949 | +74.4% |
| Other amounts payable | 47/48 | €76,475 | €1,727,492 | +€1.7m | +2,159% |
| Accrued charges and deferred income | 492/3 | €759 | €35,193 | +€34,435 | +4,538% |
| Operating income | 70/76A | €2,478,019 | €2,769,699 | +€291,680 | +11.8% |
| Turnover | 70 | €2,477,047 | €2,741,531 | +€264,483 | +10.7% |
| Other operating income | 74 | €972 | €28,168 | +€27,196 | +2,799% |
| Operating charges | 60/66A | €1,660,257 | €2,350,819 | +€690,563 | +41.6% |
| Goods for resale, raw materials and consumables | 60 | €10,684 | €11,726 | +€1,042 | +9.7% |
| Purchases | 600/8 | €10,684 | €11,726 | +€1,042 | +9.7% |
| Services and other goods | 61 | €314,458 | €435,055 | +€120,597 | +38.4% |
| Remuneration, social security and pensions | 62 | €1,262,150 | €1,392,109 | +€129,958 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,139 | €393,190 | +€326,051 | +486% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €503 | +€503 | |
| Other operating charges | 640/8 | €5,825 | €118,237 | +€112,412 | +1,930% |
| Operating profit (loss) | 9901 | €817,763 | €418,880 | -€398,883 | -48.8% |
| Financial income | 75/76B | €1,056 | €309 | -€747 | -70.7% |
| Recurring financial income | 75 | €1,056 | €309 | -€747 | -70.7% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €1,055 | €309 | -€746 | -70.7% |
| Other financial income | 752/9 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €128,399 | €147,149 | +€18,751 | +14.6% |
| Recurring financial charges | 65 | €128,399 | €147,149 | +€18,751 | +14.6% |
| Debt charges | 650 | €126,189 | €143,104 | +€16,915 | +13.4% |
| Other financial charges | 652/9 | €2,210 | €4,045 | +€1,836 | +83.1% |
| Profit (loss) for the period before taxes | 9903 | €690,419 | €272,040 | -€418,380 | -60.6% |
| Income taxes | 67/77 | €183,464 | €161,498 | -€21,966 | -12.0% |
| Taxes | 670/3 | €183,464 | €161,498 | -€21,966 | -12.0% |
| Profit (loss) for the period | 9904 | €506,955 | €110,541 | -€396,414 | -78.2% |
| Transfer to tax-exempt reserves | 689 | - | €4,018 | +€4,018 | |
| Profit (loss) for the period to be appropriated | 9905 | €506,955 | €106,524 | -€400,431 | -79.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.