CNUVAN: 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.
CNUVAN
Largest movements
- Tangible fixed assets -€4,716
down €4,716 (-2.1%), from €221,210 to €216,494
- Cash -€2,908
down €2,908 (-40.0%), from €7,263 to €4,355
mainly Net result for the year (-€7,595) and Trade debts (-€104)
- Profit (loss) carried forward -€7,595
down €7,595 (-27.7%), from -€27,412 to -€35,007
- Gross operating margin -€182,023
down €182,023, from €181,323 to -€701
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 | €228,473 | €220,849 | -€7,624 | -3.3% |
| Fixed assets | 21/28 | €221,210 | €216,494 | -€4,716 | -2.1% |
| Tangible fixed assets | 22/27 | €221,210 | €216,494 | -€4,716 | -2.1% |
| Land and buildings | 22 | €221,210 | €216,494 | -€4,716 | -2.1% |
| Current assets | 29/58 | €7,263 | €4,355 | -€2,908 | -40.0% |
| Cash at bank and in hand | 54/58 | €7,263 | €4,355 | -€2,908 | -40.0% |
| Total equity and liabilities | 10/49 | €228,473 | €220,849 | -€7,624 | -3.3% |
| Equity | 10/15 | -€8,812 | -€16,407 | -€7,595 | -86.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,412 | -€35,007 | -€7,595 | -27.7% |
| Amounts payable | 17/49 | €237,285 | €237,257 | -€29 | 0.0% |
| Amounts payable after more than one year | 17 | €236,697 | €236,772 | +€75 | 0.0% |
| Other amounts payable | 178/9 | €236,697 | €236,772 | +€75 | 0.0% |
| Amounts payable within one year | 42/48 | €588 | €484 | -€104 | -17.7% |
| Trade debts | 44 | €588 | €484 | -€104 | -17.7% |
| Suppliers | 440/4 | €588 | €484 | -€104 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,716 | €4,716 | = | 0.0% |
| Other operating charges | 640/8 | €2,785 | €2,098 | -€688 | -24.7% |
| Gross operating margin | 9900 | €181,323 | -€701 | -€182,023 | |
| Operating profit (loss) | 9901 | €173,822 | -€7,514 | -€181,335 | |
| Financial charges | 65/66B | €51 | €81 | +€30 | +59.2% |
| Recurring financial charges | 65 | €51 | €81 | +€30 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €173,771 | -€7,595 | -€181,366 | |
| Profit (loss) for the period | 9904 | €173,771 | -€7,595 | -€181,366 | |
| Profit (loss) for the period to be appropriated | 9905 | €173,771 | -€7,595 | -€181,366 |
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 15 October 2026 via checked.be.