C&Ve Consult: 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&Ve Consult
Largest movements
- Tangible fixed assets +€122,201
up €122,201 (+234%), from €52,146 to €174,347
of which Land and buildings: +€132,498
- Cash +€85,918
up €85,918 (+199%), from €43,133 to €129,051
mainly Net result for the year (+€103,784) and Debts after one year (+€94,741)
- Receivables within one year +€38,246
up €38,246 (+326%), from €11,726 to €49,973
of which Trade receivables: +€31,728
- Reserves +€105,000
up €105,000 (+233%), from €45,000 to €150,000
- Debts after one year +€94,741
up €94,741 (+298%), from €31,773 to €126,514
- Tax, wage and social debts +€34,461
up €34,461 (+233%), from €14,816 to €49,277
of which Taxes: +€34,461
- Current portion of long-term debt +€8,334
up €8,334 (+70.5%), from €11,814 to €20,148
- Trade debts +€4,589
up €4,589 (+397%), from €1,157 to €5,746
- Gross operating margin +€89,346
up €89,346 (+132%), from €67,612 to €156,958
- Taxes +€21,829
up €21,829 (+157%), from €13,923 to €35,752
- Depreciation +€8,544
up €8,544 (+172%), from €4,970 to €13,514
- Financial charges +€2,001
up €2,001 (+171%), from €1,170 to €3,170
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 | €108,354 | €354,554 | +€246,200 | +227% |
| Fixed assets | 21/28 | €52,146 | €174,347 | +€122,201 | +234% |
| Tangible fixed assets | 22/27 | €52,146 | €174,347 | +€122,201 | +234% |
| Land and buildings | 22 | - | €132,498 | +€132,498 | |
| Furniture and vehicles | 24 | €52,146 | €41,849 | -€10,297 | -19.7% |
| Current assets | 29/58 | €56,208 | €180,207 | +€123,999 | +221% |
| Amounts receivable within one year | 40/41 | €11,726 | €49,973 | +€38,246 | +326% |
| Trade receivables | 40 | €11,726 | €43,454 | +€31,728 | +271% |
| Other amounts receivable | 41 | - | €6,519 | +€6,519 | |
| Cash at bank and in hand | 54/58 | €43,133 | €129,051 | +€85,918 | +199% |
| Deferred charges and accrued income | 490/1 | €1,349 | €1,183 | -€166 | -12.3% |
| Total equity and liabilities | 10/49 | €108,354 | €354,554 | +€246,200 | +227% |
| Equity | 10/15 | €48,145 | €151,930 | +€103,784 | +216% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €45,000 | €150,000 | +€105,000 | +233% |
| Distributable reserves | 133 | €45,000 | €150,000 | +€105,000 | +233% |
| Profit (loss) carried forward | 14 | €1,645 | €430 | -€1,216 | -73.9% |
| Amounts payable | 17/49 | €60,209 | €202,624 | +€142,416 | +237% |
| Amounts payable after more than one year | 17 | €31,773 | €126,514 | +€94,741 | +298% |
| Financial debts | 170/4 | €31,773 | €126,514 | +€94,741 | +298% |
| Amounts payable within one year | 42/48 | €28,436 | €75,171 | +€46,736 | +164% |
| Current portion of amounts payable after more than one year | 42 | €11,814 | €20,148 | +€8,334 | +70.5% |
| Trade debts | 44 | €1,157 | €5,746 | +€4,589 | +397% |
| Suppliers | 440/4 | €1,157 | €5,746 | +€4,589 | +397% |
| Taxes, remuneration and social security | 45 | €14,816 | €49,277 | +€34,461 | +233% |
| Taxes | 450/3 | €13,316 | €47,777 | +€34,461 | +259% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €649 | €0 | -€649 | -100% |
| Accrued charges and deferred income | 492/3 | - | €939 | +€939 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,970 | €13,514 | +€8,544 | +172% |
| Other operating charges | 640/8 | €925 | €893 | -€32 | -3.4% |
| Gross operating margin | 9900 | €67,612 | €156,958 | +€89,346 | +132% |
| Operating profit (loss) | 9901 | €61,717 | €142,551 | +€80,834 | +131% |
| Financial income | 75/76B | €21 | €156 | +€134 | +632% |
| Recurring financial income | 75 | €21 | €156 | +€134 | +632% |
| Financial charges | 65/66B | €1,170 | €3,170 | +€2,001 | +171% |
| Recurring financial charges | 65 | €1,170 | €3,170 | +€2,001 | +171% |
| Profit (loss) for the period before taxes | 9903 | €60,568 | €139,536 | +€78,968 | +130% |
| Income taxes | 67/77 | €13,923 | €35,752 | +€21,829 | +157% |
| Profit (loss) for the period | 9904 | €46,645 | €103,784 | +€57,139 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €46,645 | €103,784 | +€57,139 | +122% |
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 13 October 2026 via checked.be.