CDV Construction: 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.
CDV Construction
Largest movements
- Cash +€37,505
up €37,505 (+193.0%), from €19,432 to €56,936
mainly Net result for the year (+€56,058) and Tax, wage and social debts (+€13,211)
- Receivables within one year +€33,648
up €33,648 (+2743.6%), from €1,226 to €34,874
of which Trade receivables: +€22,215
- Tangible fixed assets +€16,761
up €16,761 (+154.6%), from €10,845 to €27,606
of which Furniture and vehicles: +€12,457
- Deferred charges and accrued income -€4,004
down €4,004 (-78.5%), from €5,098 to €1,094
- Profit (loss) carried forward +€56,058
up €56,058 (+741.8%), from €7,557 to €63,614
- Tax, wage and social debts +€13,211
up €13,211 (+246.7%), from €5,355 to €18,567
- Advances received +€5,500
up €5,500 (+50.0%), from €11,000 to €16,500
- Accrued charges and deferred income +€3,455
up €3,455 (+1616.7%), from €214 to €3,669
- Trade debts +€3,407
up €3,407 (+60.2%), from €5,660 to €9,066
- Gross operating margin +€82,182
up €82,182 (+548.4%), from €14,986 to €97,168
- Staff costs +€15,258
new in 2025: €15,258
- Taxes +€11,987
up €11,987 (+545.3%), from €2,198 to €14,185
- Depreciation +€9,130
up €9,130 (+572.8%), from €1,594 to €10,724
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 | €37,679 | €121,275 | +€83,596 | +221.9% |
| Formation expenses | 20 | €801 | €344 | -€457 | -57.1% |
| Fixed assets | 21/28 | €11,122 | €28,027 | +€16,905 | +152.0% |
| Intangible fixed assets | 21 | €277 | €170 | -€107 | -38.5% |
| Tangible fixed assets | 22/27 | €10,845 | €27,606 | +€16,761 | +154.6% |
| Plant, machinery and equipment | 23 | €6,169 | €10,474 | +€4,305 | +69.8% |
| Furniture and vehicles | 24 | €4,676 | €17,132 | +€12,457 | +266.4% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €25,756 | €92,904 | +€67,148 | +260.7% |
| Amounts receivable within one year | 40/41 | €1,226 | €34,874 | +€33,648 | +2743.6% |
| Trade receivables | 40 | €1,212 | €23,427 | +€22,215 | +1833.0% |
| Other amounts receivable | 41 | €14 | €11,447 | +€11,433 | +79009.4% |
| Cash at bank and in hand | 54/58 | €19,432 | €56,936 | +€37,505 | +193.0% |
| Deferred charges and accrued income | 490/1 | €5,098 | €1,094 | -€4,004 | -78.5% |
| Total equity and liabilities | 10/49 | €37,679 | €121,275 | +€83,596 | +221.9% |
| Equity | 10/15 | €12,557 | €68,614 | +€56,058 | +446.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,557 | €63,614 | +€56,058 | +741.8% |
| Amounts payable | 17/49 | €25,123 | €52,661 | +€27,538 | +109.6% |
| Amounts payable within one year | 42/48 | €24,909 | €48,992 | +€24,083 | +96.7% |
| Trade debts | 44 | €5,660 | €9,066 | +€3,407 | +60.2% |
| Suppliers | 440/4 | €5,660 | €9,066 | +€3,407 | +60.2% |
| Advances received on contracts in progress | 46 | €11,000 | €16,500 | +€5,500 | +50.0% |
| Taxes, remuneration and social security | 45 | €5,355 | €18,567 | +€13,211 | +246.7% |
| Taxes | 450/3 | €5,355 | €18,567 | +€13,211 | +246.7% |
| Other amounts payable | 47/48 | €2,894 | €4,859 | +€1,965 | +67.9% |
| Accrued charges and deferred income | 492/3 | €214 | €3,669 | +€3,455 | +1616.7% |
| Remuneration, social security and pensions | 62 | - | €15,258 | +€15,258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,594 | €10,724 | +€9,130 | +572.8% |
| Other operating charges | 640/8 | €863 | €1,024 | +€161 | +18.6% |
| Gross operating margin | 9900 | €14,986 | €97,168 | +€82,182 | +548.4% |
| Operating profit (loss) | 9901 | €12,529 | €70,162 | +€57,633 | +460.0% |
| Financial income | 75/76B | - | €218 | +€218 | |
| Recurring financial income | 75 | - | €218 | +€218 | |
| Financial charges | 65/66B | €59 | €137 | +€79 | +134.3% |
| Recurring financial charges | 65 | €59 | €137 | +€79 | +134.3% |
| Profit (loss) for the period before taxes | 9903 | €12,470 | €70,242 | +€57,772 | +463.3% |
| Income taxes | 67/77 | €2,198 | €14,185 | +€11,987 | +545.3% |
| Profit (loss) for the period | 9904 | €10,272 | €56,058 | +€45,786 | +445.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,272 | €56,058 | +€45,786 | +445.7% |
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 3 October 2026 via checked.be.