C.V. STORES: 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. STORES
Largest movements
- Cash -€68,436
down €68,436 (-25.7%), from €266,301 to €197,866
mainly Other debts (-€45,614) and Investment in fixed assets (net) (-€27,982)
- Receivables within one year +€18,908
up €18,908 (+30.2%), from €62,606 to €81,514
of which Other amounts receivable: +€36,687
- Deferred charges and accrued income -€8,108
down €8,108 (-72.5%), from €11,184 to €3,076
- Other debts -€45,614
down €45,614 (-89.9%), from €50,721 to €5,107
- Debts after one year -€22,753
down €22,753 (-20.3%), from €112,014 to €89,261
- Accrued charges and deferred income +€21,300
up €21,300 (+81.3%), from €26,189 to €47,488
- Profit (loss) carried forward -€20,536
down €20,536, from €186 to -€20,350
- Trade debts +€8,415
up €8,415 (+7.9%), from €105,862 to €114,278
- Staff costs +€95,349
up €95,349 (+32.8%), from €290,296 to €385,645
- Gross operating margin -€21,019
down €21,019 (-4.7%), from €445,601 to €424,582
- Taxes -€11,952
down €11,952 (-51.9%), from €23,049 to €11,097
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 | €497,930 | €435,827 | -€62,103 | -12.5% |
| Fixed assets | 21/28 | €112,489 | €107,219 | -€5,269 | -4.7% |
| Intangible fixed assets | 21 | €9,946 | €7,046 | -€2,900 | -29.2% |
| Tangible fixed assets | 22/27 | €101,402 | €99,033 | -€2,369 | -2.3% |
| Land and buildings | 22 | €74,200 | €55,650 | -€18,550 | -25.0% |
| Plant, machinery and equipment | 23 | €20,373 | €15,967 | -€4,406 | -21.6% |
| Furniture and vehicles | 24 | €6,829 | €27,417 | +€20,587 | +301.4% |
| Financial fixed assets | 28 | €1,140 | €1,140 | = | 0.0% |
| Current assets | 29/58 | €385,441 | €328,608 | -€56,833 | -14.7% |
| Stocks and contracts in progress | 3 | €45,350 | €46,153 | +€802 | +1.8% |
| Stocks | 30/36 | €45,350 | €46,153 | +€802 | +1.8% |
| Amounts receivable within one year | 40/41 | €62,606 | €81,514 | +€18,908 | +30.2% |
| Trade receivables | 40 | €54,544 | €36,765 | -€17,779 | -32.6% |
| Other amounts receivable | 41 | €8,061 | €44,749 | +€36,687 | +455.1% |
| Cash at bank and in hand | 54/58 | €266,301 | €197,866 | -€68,436 | -25.7% |
| Deferred charges and accrued income | 490/1 | €11,184 | €3,076 | -€8,108 | -72.5% |
| Total equity and liabilities | 10/49 | €497,930 | €435,827 | -€62,103 | -12.5% |
| Equity | 10/15 | €142,504 | €121,968 | -€20,536 | -14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,718 | €123,718 | = | 0.0% |
| Distributable reserves | 133 | €123,718 | €123,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | €186 | -€20,350 | -€20,536 | |
| Amounts payable | 17/49 | €355,425 | €313,859 | -€41,566 | -11.7% |
| Amounts payable after more than one year | 17 | €112,014 | €89,261 | -€22,753 | -20.3% |
| Financial debts | 170/4 | €112,014 | €89,261 | -€22,753 | -20.3% |
| Amounts payable within one year | 42/48 | €217,223 | €177,110 | -€40,113 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €33,577 | €34,709 | +€1,131 | +3.4% |
| Trade debts | 44 | €105,862 | €114,278 | +€8,415 | +7.9% |
| Suppliers | 440/4 | €105,862 | €114,278 | +€8,415 | +7.9% |
| Taxes, remuneration and social security | 45 | €27,063 | €23,017 | -€4,046 | -14.9% |
| Taxes | 450/3 | €12,714 | €11 | -€12,703 | -99.9% |
| Remuneration and social security | 454/9 | €14,349 | €23,006 | +€8,657 | +60.3% |
| Other amounts payable | 47/48 | €50,721 | €5,107 | -€45,614 | -89.9% |
| Accrued charges and deferred income | 492/3 | €26,189 | €47,488 | +€21,300 | +81.3% |
| Remuneration, social security and pensions | 62 | €290,296 | €385,645 | +€95,349 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,792 | €33,252 | +€3,460 | +11.6% |
| Other operating charges | 640/8 | €10,560 | €8,093 | -€2,467 | -23.4% |
| Non-recurring operating charges | 66A | €17,575 | - | -€17,575 | |
| Gross operating margin | 9900 | €445,601 | €424,582 | -€21,019 | -4.7% |
| Operating profit (loss) | 9901 | €97,379 | -€2,407 | -€99,786 | |
| Financial income | 75/76B | €1,640 | €1,801 | +€161 | +9.8% |
| Recurring financial income | 75 | €1,640 | €1,801 | +€161 | +9.8% |
| Financial charges | 65/66B | €11,283 | €8,832 | -€2,451 | -21.7% |
| Recurring financial charges | 65 | €11,283 | €8,832 | -€2,451 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €87,735 | -€9,439 | -€97,174 | |
| Income taxes | 67/77 | €23,049 | €11,097 | -€11,952 | -51.9% |
| Profit (loss) for the period | 9904 | €64,686 | -€20,536 | -€85,222 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,686 | -€20,536 | -€85,222 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.