C.V.M.J.: 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.M.J.
Largest movements
- Receivables after one year -€27,124
no longer reported in 2025 (was €27,124)
- Deferred charges and accrued income -€1,409
no longer reported in 2025 (was €1,409)
- Profit (loss) carried forward -€29,582
down €29,582, from €3,395 to -€26,188
- Accrued charges and deferred income +€580
up €580 (+19.7%), from €2,946 to €3,526
- Provisions +€15,000
no longer reported in 2025 (was -€15,000)
- Gross operating margin +€1,500
up €1,500 (+89.8%), from -€1,670 to -€170
- Financial income -€581
no longer reported in 2025 (was €581)
- Financial charges -€26
down €26 (-8.0%), from €326 to €300
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 | €29,676 | €930 | -€28,746 | -96.9% |
| Current assets | 29/58 | €29,676 | €930 | -€28,746 | -96.9% |
| Amounts receivable after more than one year | 29 | €27,124 | - | -€27,124 | |
| Other amounts receivable | 291 | €27,124 | - | -€27,124 | |
| Amounts receivable within one year | 40/41 | €879 | €930 | +€51 | +5.8% |
| Other amounts receivable | 41 | €879 | €930 | +€51 | +5.8% |
| Cash at bank and in hand | 54/58 | €264 | - | -€264 | |
| Deferred charges and accrued income | 490/1 | €1,409 | - | -€1,409 | |
| Total equity and liabilities | 10/49 | €29,676 | €930 | -€28,746 | -96.9% |
| Equity | 10/15 | €21,995 | -€7,588 | -€29,582 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,395 | -€26,188 | -€29,582 | |
| Amounts payable | 17/49 | €7,682 | €8,518 | +€836 | +10.9% |
| Amounts payable within one year | 42/48 | €4,735 | €4,992 | +€256 | +5.4% |
| Financial debts | 43 | - | €52 | +€52 | |
| Credit institutions | 430/8 | - | €52 | +€52 | |
| Trade debts | 44 | €4,735 | €4,940 | +€204 | +4.3% |
| Suppliers | 440/4 | €4,735 | €4,940 | +€204 | +4.3% |
| Accrued charges and deferred income | 492/3 | €2,946 | €3,526 | +€580 | +19.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€15,000 | - | +€15,000 | |
| Other operating charges | 640/8 | €567 | €580 | +€12 | +2.2% |
| Non-recurring operating charges | 66A | - | €14,442 | +€14,442 | |
| Gross operating margin | 9900 | -€1,670 | -€170 | +€1,500 | +89.8% |
| Operating profit (loss) | 9901 | €12,762 | -€15,192 | -€27,954 | |
| Financial income | 75/76B | €581 | - | -€581 | |
| Recurring financial income | 75 | €581 | - | -€581 | |
| Financial charges | 65/66B | €326 | €300 | -€26 | -8.0% |
| Recurring financial charges | 65 | €326 | €300 | -€26 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €13,017 | -€15,492 | -€28,509 | |
| Profit (loss) for the period | 9904 | €13,017 | -€15,492 | -€28,509 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,017 | -€15,492 | -€28,509 |
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 19 October 2026 via checked.be.