CDV AGRI CONSTRUCT: what changed
What changed
CDV AGRI CONSTRUCT
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€45,456
2024 · €158,966-€113,510
Equity
€249,193
2024 · €261,337-€12,144
Cash
€90,396
2024 · €43,009+€47,387
Balance sheet total
€779,285
2024 · €803,431-€24,146
Largest movements
Assets
- Receivables within one year -€300,615
down €300,615 (-67.8%), from €443,184 to €142,569
of which Trade receivables: -€328,228
- Tangible fixed assets +€208,064
up €208,064 (+67.4%), from €308,634 to €516,698
of which Plant, machinery and equipment: +€254,307
- Cash +€47,387
up €47,387 (+110%), from €43,009 to €90,396
mainly Receivables within one year (+€300,615) and Depreciation (+€137,052)
- Stocks and contracts +€12,809
up €12,809 (+178%), from €7,188 to €19,997
Equity and liabilities
- Tax, wage and social debts -€50,268
down €50,268 (-85.6%), from €58,736 to €8,469
of which Taxes: -€50,282
- Reserves -€49,955
down €49,955 (-33.9%), from €147,518 to €97,562
of which Tax-exempt reserves: -€49,955
- Other debts -€45,694
down €45,694 (-54.7%), from €83,577 to €37,883
- Profit (loss) carried forward +€35,411
up €35,411 (+36.3%), from €97,619 to €133,030
- Trade debts +€34,792
up €34,792 (+84.6%), from €41,136 to €75,927
Income statement
- Gross operating margin -€101,843
down €101,843 (-34.3%), from €296,536 to €194,693
- Depreciation +€62,084
up €62,084 (+82.8%), from €74,969 to €137,052
- Taxes +€13,333
up €13,333 (+280%), from €4,768 to €18,101
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€158,966
Gross operating margin
-€101,843
Depreciation
-€62,084
Other operating charges
-€827
Financial income
+€155
Financial charges
-€782
Taxes
-€13,333
Deferred taxes and other
+€65,204
Result 2025
€45,456
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€394,180
Investment
-€350,013
Financing
+€3,220
Cash 2024
€43,009
From operations (derived)
+€394,180
Net result for the year
+€45,456
Depreciation
+€137,052
Stocks and contracts
-€12,809
Receivables within one year
+€300,615
Deferred charges and accrued income
-€3,312
Provisions
-€16,652
Trade debts
+€34,792
Tax, wage and social debts
-€50,268
Other debts
-€45,694
Accrued charges and deferred income
+€5,000
Investment (derived)
-€350,013
Investment in fixed assets (net)
-€350,013
Financing
+€3,220
Debts after one year
+€32,745
Current portion of long-term debt
+€28,074
Contributions, distributions and other
-€57,600
Cash 2025
€90,396
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €803,431 | €779,285 | -€24,146 | -3.0% |
| Fixed assets | 21/28 | €308,634 | €521,595 | +€212,960 | +69.0% |
| Intangible fixed assets | 21 | - | €4,896 | +€4,896 | |
| Tangible fixed assets | 22/27 | €308,634 | €516,698 | +€208,064 | +67.4% |
| Plant, machinery and equipment | 23 | €119,812 | €374,119 | +€254,307 | +212% |
| Furniture and vehicles | 24 | €185,485 | €139,666 | -€45,819 | -24.7% |
| Other tangible fixed assets | 26 | €3,337 | €2,913 | -€424 | -12.7% |
| Current assets | 29/58 | €494,797 | €257,690 | -€237,107 | -47.9% |
| Stocks and contracts in progress | 3 | €7,188 | €19,997 | +€12,809 | +178% |
| Stocks | 30/36 | €7,188 | €19,997 | +€12,809 | +178% |
| Amounts receivable within one year | 40/41 | €443,184 | €142,569 | -€300,615 | -67.8% |
| Trade receivables | 40 | €442,139 | €113,910 | -€328,228 | -74.2% |
| Other amounts receivable | 41 | €1,046 | €28,659 | +€27,613 | +2,641% |
| Cash at bank and in hand | 54/58 | €43,009 | €90,396 | +€47,387 | +110% |
| Deferred charges and accrued income | 490/1 | €1,415 | €4,728 | +€3,312 | +234% |
| Total equity and liabilities | 10/49 | €803,431 | €779,285 | -€24,146 | -3.0% |
| Equity | 10/15 | €261,337 | €249,193 | -€12,144 | -4.6% |
| Contributions | 10/11 | €16,200 | €18,600 | +€2,400 | +14.8% |
| Reserves | 13 | €147,518 | €97,562 | -€49,955 | -33.9% |
| Tax-exempt reserves | 132 | €145,658 | €95,702 | -€49,955 | -34.3% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,619 | €133,030 | +€35,411 | +36.3% |
| Provisions and deferred taxes | 16 | €48,553 | €31,901 | -€16,652 | -34.3% |
| Deferred taxes | 168 | €48,553 | €31,901 | -€16,652 | -34.3% |
| Amounts payable | 17/49 | €493,542 | €498,191 | +€4,649 | +0.9% |
| Amounts payable after more than one year | 17 | €204,246 | €236,991 | +€32,745 | +16.0% |
| Financial debts | 170/4 | €204,246 | €236,991 | +€32,745 | +16.0% |
| Amounts payable within one year | 42/48 | €249,296 | €216,200 | -€33,096 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €65,847 | €93,921 | +€28,074 | +42.6% |
| Trade debts | 44 | €41,136 | €75,927 | +€34,792 | +84.6% |
| Suppliers | 440/4 | €41,136 | €75,927 | +€34,792 | +84.6% |
| Taxes, remuneration and social security | 45 | €58,736 | €8,469 | -€50,268 | -85.6% |
| Taxes | 450/3 | €54,824 | €4,542 | -€50,282 | -91.7% |
| Remuneration and social security | 454/9 | €3,912 | €3,926 | +€14 | +0.4% |
| Other amounts payable | 47/48 | €83,577 | €37,883 | -€45,694 | -54.7% |
| Accrued charges and deferred income | 492/3 | €40,000 | €45,000 | +€5,000 | +12.5% |
| Non-recurring operating income | 76A | €218,625 | €0 | -€218,625 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,969 | €137,052 | +€62,084 | +82.8% |
| Other operating charges | 640/8 | €649 | €1,476 | +€827 | +128% |
| Gross operating margin | 9900 | €296,536 | €194,693 | -€101,843 | -34.3% |
| Operating profit (loss) | 9901 | €220,919 | €56,165 | -€164,754 | -74.6% |
| Financial income | 75/76B | €1,194 | €1,348 | +€155 | +13.0% |
| Recurring financial income | 75 | €1,194 | €1,348 | +€155 | +13.0% |
| Financial charges | 65/66B | €9,826 | €10,608 | +€782 | +8.0% |
| Recurring financial charges | 65 | €9,826 | €10,608 | +€782 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €212,287 | €46,905 | -€165,382 | -77.9% |
| Transfer from deferred taxes | 780 | €6,072 | €16,652 | +€10,579 | +174% |
| Transfer to deferred taxes | 680 | €54,625 | €0 | -€54,625 | -100% |
| Income taxes | 67/77 | €4,768 | €18,101 | +€13,333 | +280% |
| Profit (loss) for the period | 9904 | €158,966 | €45,456 | -€113,510 | -71.4% |
| Transfer from tax-exempt reserves | 789 | €18,217 | €49,955 | +€31,738 | +174% |
| Transfer to tax-exempt reserves | 689 | €163,875 | €0 | -€163,875 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €13,308 | €95,411 | +€82,103 | +617% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.