C&V Projects: 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 Projects
Largest movements
- Cash -€17,278
down €17,278 (-86.8%), from €19,911 to €2,633
mainly Net result for the year (-€14,534) and Other debts (-€2,520)
- Profit (loss) carried forward -€14,534
down €14,534 (-48.5%), from €29,996 to €15,461
- Other debts -€2,520
down €2,520 (-25.3%), from €9,975 to €7,455
- Gross operating margin -€49,047
down €49,047, from €42,577 to -€6,470
- Taxes -€10,030
down €10,030 (-100.0%), from €10,030 to €0
- Financial charges +€5,771
up €5,771 (+406.8%), from €1,419 to €7,190
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 | €207,846 | €191,052 | -€16,794 | -8.1% |
| Fixed assets | 21/28 | €940 | €527 | -€413 | -43.9% |
| Tangible fixed assets | 22/27 | €940 | €527 | -€413 | -43.9% |
| Plant, machinery and equipment | 23 | €940 | €527 | -€413 | -43.9% |
| Current assets | 29/58 | €206,905 | €190,525 | -€16,381 | -7.9% |
| Stocks and contracts in progress | 3 | €186,100 | €186,100 | = | 0.0% |
| Stocks | 30/36 | €186,100 | €186,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €895 | €1,792 | +€897 | +100.3% |
| Trade receivables | 40 | €656 | €656 | = | 0.0% |
| Other amounts receivable | 41 | €239 | €1,136 | +€897 | +375.6% |
| Cash at bank and in hand | 54/58 | €19,911 | €2,633 | -€17,278 | -86.8% |
| Total equity and liabilities | 10/49 | €207,846 | €191,052 | -€16,794 | -8.1% |
| Equity | 10/15 | €57,496 | €42,961 | -€14,534 | -25.3% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,996 | €15,461 | -€14,534 | -48.5% |
| Amounts payable | 17/49 | €150,350 | €148,090 | -€2,260 | -1.5% |
| Amounts payable within one year | 42/48 | €150,350 | €148,090 | -€2,260 | -1.5% |
| Financial debts | 43 | €130,000 | €130,000 | = | 0.0% |
| Credit institutions | 430/8 | €130,000 | €130,000 | = | 0.0% |
| Trade debts | 44 | €345 | €605 | +€260 | +75.6% |
| Suppliers | 440/4 | €345 | €605 | +€260 | +75.6% |
| Taxes, remuneration and social security | 45 | €10,030 | €10,030 | = | 0.0% |
| Taxes | 450/3 | €10,030 | €10,030 | = | 0.0% |
| Other amounts payable | 47/48 | €9,975 | €7,455 | -€2,520 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €299 | €413 | +€114 | +38.3% |
| Other operating charges | 640/8 | €834 | €462 | -€372 | -44.6% |
| Gross operating margin | 9900 | €42,577 | -€6,470 | -€49,047 | |
| Operating profit (loss) | 9901 | €41,445 | -€7,345 | -€48,789 | |
| Financial charges | 65/66B | €1,419 | €7,190 | +€5,771 | +406.8% |
| Recurring financial charges | 65 | €1,419 | €7,190 | +€5,771 | +406.8% |
| Profit (loss) for the period before taxes | 9903 | €40,026 | -€14,534 | -€54,560 | |
| Income taxes | 67/77 | €10,030 | €0 | -€10,030 | -100.0% |
| Profit (loss) for the period | 9904 | €29,996 | -€14,534 | -€44,530 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,996 | -€14,534 | -€44,530 |
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 10 October 2026 via checked.be.