CCVS: 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.
CCVS
Largest movements
- Stocks and contracts -€14,351
down €14,351 (-65.2%), from €22,016 to €7,665
- Tangible fixed assets -€7,516
down €7,516 (-5.6%), from €133,149 to €125,633
- Cash -€4,743
down €4,743 (-38.4%), from €12,365 to €7,622
mainly Debts after one year (-€15,911) and Net result for the year (-€6,935)
- Receivables within one year +€2,507
up €2,507 (+5.5%), from €45,975 to €48,481
of which Other amounts receivable: +€2,075
- Debts after one year -€15,911
down €15,911 (-35.2%), from €45,169 to €29,259
- Reserves -€6,935
down €6,935 (-18.1%), from €38,369 to €31,433
of which Distributable reserves: -€6,935
- Trade debts -€3,079
down €3,079 (-65.5%), from €4,703 to €1,624
- Other debts +€2,505
up €2,505 (+3.2%), from €79,181 to €81,686
- Gross operating margin -€21,021
down €21,021 (-81.3%), from €25,846 to €4,825
- Depreciation -€1,566
down €1,566 (-17.2%), from €9,082 to €7,516
- Other operating charges -€894
down €894 (-35.6%), from €2,514 to €1,620
- Financial charges -€266
down €266 (-9.1%), from €2,935 to €2,669
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 | €215,083 | €190,817 | -€24,266 | -11.3% |
| Fixed assets | 21/28 | €133,149 | €125,633 | -€7,516 | -5.6% |
| Tangible fixed assets | 22/27 | €133,149 | €125,633 | -€7,516 | -5.6% |
| Land and buildings | 22 | €133,149 | €125,633 | -€7,516 | -5.6% |
| Current assets | 29/58 | €81,934 | €65,185 | -€16,749 | -20.4% |
| Stocks and contracts in progress | 3 | €22,016 | €7,665 | -€14,351 | -65.2% |
| Stocks | 30/36 | €22,016 | €7,665 | -€14,351 | -65.2% |
| Amounts receivable within one year | 40/41 | €45,975 | €48,481 | +€2,507 | +5.5% |
| Trade receivables | 40 | €40,411 | €40,843 | +€432 | +1.1% |
| Other amounts receivable | 41 | €5,563 | €7,638 | +€2,075 | +37.3% |
| Cash at bank and in hand | 54/58 | €12,365 | €7,622 | -€4,743 | -38.4% |
| Deferred charges and accrued income | 490/1 | €1,579 | €1,416 | -€162 | -10.3% |
| Total equity and liabilities | 10/49 | €215,083 | €190,817 | -€24,266 | -11.3% |
| Equity | 10/15 | €56,969 | €50,033 | -€6,935 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,369 | €31,433 | -€6,935 | -18.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,200 | €9,200 | = | 0.0% |
| Distributable reserves | 133 | €27,309 | €20,373 | -€6,935 | -25.4% |
| Provisions and deferred taxes | 16 | €12,000 | €12,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €12,000 | €12,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable | 17/49 | €146,114 | €128,784 | -€17,331 | -11.9% |
| Amounts payable after more than one year | 17 | €45,169 | €29,259 | -€15,911 | -35.2% |
| Financial debts | 170/4 | €45,169 | €29,259 | -€15,911 | -35.2% |
| Amounts payable within one year | 42/48 | €100,945 | €99,525 | -€1,420 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €15,349 | €15,911 | +€562 | +3.7% |
| Trade debts | 44 | €4,703 | €1,624 | -€3,079 | -65.5% |
| Suppliers | 440/4 | €4,703 | €1,624 | -€3,079 | -65.5% |
| Taxes, remuneration and social security | 45 | €1,712 | €304 | -€1,408 | -82.2% |
| Taxes | 450/3 | €1,712 | €304 | -€1,408 | -82.2% |
| Other amounts payable | 47/48 | €79,181 | €81,686 | +€2,505 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,082 | €7,516 | -€1,566 | -17.2% |
| Other operating charges | 640/8 | €2,514 | €1,620 | -€894 | -35.6% |
| Gross operating margin | 9900 | €25,846 | €4,825 | -€21,021 | -81.3% |
| Operating profit (loss) | 9901 | €14,251 | -€4,311 | -€18,562 | |
| Financial income | 75/76B | €114 | €349 | +€235 | +205.9% |
| Recurring financial income | 75 | €114 | €349 | +€235 | +205.9% |
| Financial charges | 65/66B | €2,935 | €2,669 | -€266 | -9.1% |
| Recurring financial charges | 65 | €2,935 | €2,669 | -€266 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €11,430 | -€6,631 | -€18,061 | |
| Income taxes | 67/77 | €270 | €304 | +€35 | +12.8% |
| Profit (loss) for the period | 9904 | €11,160 | -€6,935 | -€18,095 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,160 | -€6,935 | -€18,095 |
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 12 October 2026 via checked.be.