CNVision: 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.
CNVision
Largest movements
- Tangible fixed assets -€25,944
down €25,944 (-26.0%), from €99,872 to €73,928
of which Plant, machinery and equipment: -€16,775
- Receivables after one year +€25,000
up €25,000 (+4.9%), from €510,000 to €535,000
- Receivables within one year -€18,355
down €18,355 (-10.8%), from €169,502 to €151,148
of which Other amounts receivable: -€38,182
- Cash -€8,920
down €8,920 (-86.6%), from €10,299 to €1,380
mainly Debts after one year (-€37,109) and Receivables after one year (-€25,000)
- Debts after one year -€37,109
down €37,109 (-15.6%), from €238,640 to €201,531
- Tax, wage and social debts +€19,876
new in 2025: €19,876
- Profit (loss) carried forward -€11,333
down €11,333 (-14.3%), from -€79,196 to -€90,530
- Gross operating margin +€50,679
up €50,679, from -€40,068 to €10,611
- Financial income +€15,952
up €15,952 (+358.6%), from €4,449 to €20,400
- Financial charges -€5,966
down €5,966 (-45.4%), from €13,140 to €7,174
- Depreciation +€5,024
up €5,024 (+16.8%), from €29,925 to €34,949
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 | €789,673 | €761,455 | -€28,218 | -3.6% |
| Fixed assets | 21/28 | €99,872 | €73,928 | -€25,944 | -26.0% |
| Tangible fixed assets | 22/27 | €99,872 | €73,928 | -€25,944 | -26.0% |
| Plant, machinery and equipment | 23 | €68,535 | €51,760 | -€16,775 | -24.5% |
| Furniture and vehicles | 24 | €29,957 | €20,788 | -€9,168 | -30.6% |
| Other tangible fixed assets | 26 | €1,380 | €1,380 | = | 0.0% |
| Current assets | 29/58 | €689,802 | €687,527 | -€2,274 | -0.3% |
| Amounts receivable after more than one year | 29 | €510,000 | €535,000 | +€25,000 | +4.9% |
| Other amounts receivable | 291 | €510,000 | €535,000 | +€25,000 | +4.9% |
| Amounts receivable within one year | 40/41 | €169,502 | €151,148 | -€18,355 | -10.8% |
| Trade receivables | 40 | - | €19,828 | +€19,828 | |
| Other amounts receivable | 41 | €169,502 | €131,320 | -€38,182 | -22.5% |
| Cash at bank and in hand | 54/58 | €10,299 | €1,380 | -€8,920 | -86.6% |
| Total equity and liabilities | 10/49 | €789,673 | €761,455 | -€28,218 | -3.6% |
| Equity | 10/15 | €296,141 | €284,808 | -€11,333 | -3.8% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Reserves | 13 | €368,638 | €368,638 | = | 0.0% |
| Distributable reserves | 133 | €368,638 | €368,638 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,196 | -€90,530 | -€11,333 | -14.3% |
| Amounts payable | 17/49 | €493,532 | €476,647 | -€16,885 | -3.4% |
| Amounts payable after more than one year | 17 | €238,640 | €201,531 | -€37,109 | -15.6% |
| Financial debts | 170/4 | €238,640 | €201,531 | -€37,109 | -15.6% |
| Amounts payable within one year | 42/48 | €254,892 | €275,117 | +€20,225 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €36,606 | €37,109 | +€503 | +1.4% |
| Financial debts | 43 | €209,500 | €212,249 | +€2,749 | +1.3% |
| Credit institutions | 430/8 | €209,500 | €212,249 | +€2,749 | +1.3% |
| Trade debts | 44 | €8,786 | €5,882 | -€2,904 | -33.1% |
| Suppliers | 440/4 | €8,786 | €5,882 | -€2,904 | -33.1% |
| Taxes, remuneration and social security | 45 | - | €19,876 | +€19,876 | |
| Taxes | 450/3 | - | €19,876 | +€19,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,925 | €34,949 | +€5,024 | +16.8% |
| Other operating charges | 640/8 | €33 | - | -€33 | |
| Gross operating margin | 9900 | -€40,068 | €10,611 | +€50,679 | |
| Operating profit (loss) | 9901 | -€70,026 | -€24,337 | +€45,688 | +65.2% |
| Financial income | 75/76B | €4,449 | €20,400 | +€15,952 | +358.6% |
| Recurring financial income | 75 | €4,449 | €20,400 | +€15,952 | +358.6% |
| Financial charges | 65/66B | €13,140 | €7,174 | -€5,966 | -45.4% |
| Recurring financial charges | 65 | €13,140 | €7,174 | -€5,966 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | -€78,717 | -€11,111 | +€67,606 | +85.9% |
| Income taxes | 67/77 | €480 | €222 | -€257 | -53.6% |
| Profit (loss) for the period | 9904 | -€79,196 | -€11,333 | +€67,863 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,196 | -€11,333 | +€67,863 | +85.7% |
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 9 October 2026 via checked.be.