CDVI Benelux: 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.
CDVI Benelux
Largest movements
- Financial fixed assets +€649,500
up €649,500 (+135,879%), from €478 to €649,978
- Cash -€323,348
down €323,348 (-93.8%), from €344,770 to €21,422
mainly Investment in fixed assets (net) (-€649,500) and Other debts (-€200,000)
- Receivables within one year +€170,204
up €170,204 (+24.4%), from €698,607 to €868,811
of which Other amounts receivable: +€175,020
- Stocks and contracts -€84,967
down €84,967 (-25.2%), from €337,630 to €252,663
- Receivables after one year +€73,000
new in 2025: €73,000
- Debts after one year +€435,915
new in 2025: €435,915
- Other debts -€200,000
down €200,000 (-50.0%), from €400,000 to €200,000
- Trade debts +€105,724
up €105,724 (+42.7%), from €247,813 to €353,537
- Current portion of long-term debt +€64,085
new in 2025: €64,085
- Profit (loss) carried forward +€62,556
up €62,556 (+42.2%), from €148,314 to €210,870
- Gross operating margin -€367,471
down €367,471 (-23.6%), from €1.6m to €1.2m
- Taxes -€121,036
down €121,036 (-75.3%), from €160,690 to €39,654
- Staff costs +€116,230
up €116,230 (+12.5%), from €932,480 to €1.0m
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 | €1,447,329 | €1,921,062 | +€473,733 | +32.7% |
| Fixed assets | 21/28 | €57,399 | €695,877 | +€638,478 | +1,112% |
| Tangible fixed assets | 22/27 | €56,921 | €45,899 | -€11,022 | -19.4% |
| Plant, machinery and equipment | 23 | €15,371 | €11,858 | -€3,513 | -22.9% |
| Furniture and vehicles | 24 | €7,440 | €2,821 | -€4,620 | -62.1% |
| Other tangible fixed assets | 26 | €34,110 | €31,221 | -€2,890 | -8.5% |
| Financial fixed assets | 28 | €478 | €649,978 | +€649,500 | +135,879% |
| Current assets | 29/58 | €1,389,930 | €1,225,185 | -€164,745 | -11.9% |
| Amounts receivable after more than one year | 29 | - | €73,000 | +€73,000 | |
| Other amounts receivable | 291 | - | €73,000 | +€73,000 | |
| Stocks and contracts in progress | 3 | €337,630 | €252,663 | -€84,967 | -25.2% |
| Stocks | 30/36 | €337,630 | €252,663 | -€84,967 | -25.2% |
| Amounts receivable within one year | 40/41 | €698,607 | €868,811 | +€170,204 | +24.4% |
| Trade receivables | 40 | €695,461 | €690,646 | -€4,815 | -0.7% |
| Other amounts receivable | 41 | €3,146 | €178,166 | +€175,020 | +5,563% |
| Cash at bank and in hand | 54/58 | €344,770 | €21,422 | -€323,348 | -93.8% |
| Deferred charges and accrued income | 490/1 | €8,922 | €9,288 | +€366 | +4.1% |
| Total equity and liabilities | 10/49 | €1,447,329 | €1,921,062 | +€473,733 | +32.7% |
| Equity | 10/15 | €637,414 | €699,970 | +€62,556 | +9.8% |
| Contributions | 10/11 | €111,000 | €111,000 | = | 0.0% |
| Reserves | 13 | €378,100 | €378,100 | = | 0.0% |
| Distributable reserves | 133 | €378,100 | €378,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,314 | €210,870 | +€62,556 | +42.2% |
| Amounts payable | 17/49 | €809,915 | €1,221,092 | +€411,177 | +50.8% |
| Amounts payable after more than one year | 17 | - | €435,915 | +€435,915 | |
| Financial debts | 170/4 | - | €435,915 | +€435,915 | |
| Amounts payable within one year | 42/48 | €809,915 | €785,176 | -€24,739 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | - | €64,085 | +€64,085 | |
| Trade debts | 44 | €247,813 | €353,537 | +€105,724 | +42.7% |
| Suppliers | 440/4 | €247,813 | €353,537 | +€105,724 | +42.7% |
| Taxes, remuneration and social security | 45 | €162,103 | €167,555 | +€5,452 | +3.4% |
| Taxes | 450/3 | €89,944 | €44,342 | -€45,603 | -50.7% |
| Remuneration and social security | 454/9 | €72,158 | €123,213 | +€51,055 | +70.8% |
| Other amounts payable | 47/48 | €400,000 | €200,000 | -€200,000 | -50.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €932,480 | €1,048,710 | +€116,230 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,860 | €11,022 | +€162 | +1.5% |
| Other operating charges | 640/8 | €13,795 | €13,577 | -€218 | -1.6% |
| Non-recurring operating charges | 66A | €15,110 | €0 | -€15,110 | -100% |
| Gross operating margin | 9900 | €1,558,587 | €1,191,116 | -€367,471 | -23.6% |
| Operating profit (loss) | 9901 | €586,341 | €117,806 | -€468,535 | -79.9% |
| Financial income | 75/76B | €2,066 | €2,757 | +€690 | +33.4% |
| Recurring financial income | 75 | €2,066 | €2,757 | +€690 | +33.4% |
| Financial charges | 65/66B | €16,117 | €18,353 | +€2,236 | +13.9% |
| Recurring financial charges | 65 | €16,117 | €18,353 | +€2,236 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €572,290 | €102,210 | -€470,080 | -82.1% |
| Income taxes | 67/77 | €160,690 | €39,654 | -€121,036 | -75.3% |
| Profit (loss) for the period | 9904 | €411,600 | €62,556 | -€349,044 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €411,600 | €62,556 | -€349,044 | -84.8% |
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 29 October 2026 via checked.be.