CFLVM: 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.
CFLVM
Largest movements
- Current investments -€134,627
down €134,627 (-17.6%), from €763,923 to €629,295
- Receivables within one year +€132,096
up €132,096 (+28.7%), from €459,858 to €591,954
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€91,198
down €91,198 (-82.8%), from €110,168 to €18,970
- Financial income +€25,959
up €25,959 (+225%), from €11,527 to €37,486
- Gross operating margin +€8,699
up €8,699 (+36.1%), from -€24,074 to -€15,374
- Purchases and services -€8,699
down €8,699 (-36.1%), from €24,074 to €15,374
- Taxes -€2,999
no longer reported in 2025 (was €2,999)
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 | €1,319,303 | €1,319,292 | -€11 | 0.0% |
| Fixed assets | 21/28 | €58,060 | €56,754 | -€1,306 | -2.3% |
| Tangible fixed assets | 22/27 | €3,060 | €1,754 | -€1,306 | -42.7% |
| Plant, machinery and equipment | 23 | €2,119 | €1,313 | -€806 | -38.0% |
| Furniture and vehicles | 24 | €941 | €440 | -€501 | -53.2% |
| Financial fixed assets | 28 | €55,000 | €55,000 | = | 0.0% |
| Current assets | 29/58 | €1,261,243 | €1,262,538 | +€1,295 | +0.1% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €459,858 | €591,954 | +€132,096 | +28.7% |
| Other amounts receivable | 41 | €459,858 | €591,954 | +€132,096 | +28.7% |
| Current investments | 50/53 | €763,923 | €629,295 | -€134,627 | -17.6% |
| Cash at bank and in hand | 54/58 | €561 | €2,201 | +€1,639 | +292% |
| Deferred charges and accrued income | 490/1 | €1,901 | €4,088 | +€2,188 | +115% |
| Total equity and liabilities | 10/49 | €1,319,303 | €1,319,292 | -€11 | 0.0% |
| Equity | 10/15 | €215,887 | €215,756 | -€131 | -0.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,887 | €205,756 | -€131 | -0.1% |
| Amounts payable | 17/49 | €1,103,416 | €1,103,536 | +€120 | 0.0% |
| Amounts payable after more than one year | 17 | €800,000 | €800,000 | = | 0.0% |
| Other amounts payable | 178/9 | €800,000 | €800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €303,416 | €303,536 | +€120 | 0.0% |
| Financial debts | 43 | €300,000 | €300,000 | = | 0.0% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Trade debts | 44 | €3,416 | €3,536 | +€120 | +3.5% |
| Suppliers | 440/4 | €3,416 | €3,536 | +€120 | +3.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,074 | €15,374 | -€8,699 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,597 | €1,306 | -€290 | -18.2% |
| Other operating charges | 640/8 | €1,009 | €1,967 | +€958 | +94.9% |
| Gross operating margin | 9900 | -€24,074 | -€15,374 | +€8,699 | +36.1% |
| Operating profit (loss) | 9901 | -€26,680 | -€18,647 | +€8,032 | +30.1% |
| Financial income | 75/76B | €11,527 | €37,486 | +€25,959 | +225% |
| Recurring financial income | 75 | €11,527 | €37,486 | +€25,959 | +225% |
| Financial charges | 65/66B | €110,168 | €18,970 | -€91,198 | -82.8% |
| Recurring financial charges | 65 | €110,168 | €18,970 | -€91,198 | -82.8% |
| Profit (loss) for the period before taxes | 9903 | -€125,321 | -€131 | +€125,189 | +99.9% |
| Income taxes | 67/77 | €2,999 | - | -€2,999 | |
| Profit (loss) for the period | 9904 | -€128,320 | -€131 | +€128,189 | +99.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€128,320 | -€131 | +€128,189 | +99.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.