CV Accounting: 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.
CV Accounting
Largest movements
- Cash -€61,865
down €61,865 (-64.6%), from €95,775 to €33,910
mainly Other debts (-€87,111) and Receivables within one year (-€13,728)
- Receivables within one year +€13,728
up €13,728 (+45.0%), from €30,487 to €44,215
of which Other amounts receivable: +€15,772
- Tangible fixed assets +€2,187
up €2,187 (+17.4%), from €12,565 to €14,752
of which Furniture and vehicles: +€4,005
- Other debts -€87,111
down €87,111 (-100%), from €87,111 to €0
- Profit (loss) carried forward +€39,380
up €39,380 (+216%), from €18,201 to €57,582
- Trade debts +€3,456
up €3,456 (+67.9%), from €5,088 to €8,544
- Tax, wage and social debts -€1,755
down €1,755 (-17.1%), from €10,279 to €8,524
- Gross operating margin -€12,497
down €12,497 (-18.1%), from €68,859 to €56,362
- Taxes -€2,916
down €2,916 (-20.5%), from €14,250 to €11,335
- Depreciation +€882
up €882 (+27.6%), from €3,193 to €4,075
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 | €140,680 | €94,650 | -€46,030 | -32.7% |
| Formation expenses | 20 | €237 | €3 | -€234 | -98.6% |
| Fixed assets | 21/28 | €12,860 | €15,047 | +€2,187 | +17.0% |
| Tangible fixed assets | 22/27 | €12,565 | €14,752 | +€2,187 | +17.4% |
| Plant, machinery and equipment | 23 | €2,846 | €1,537 | -€1,310 | -46.0% |
| Furniture and vehicles | 24 | €5,286 | €9,291 | +€4,005 | +75.8% |
| Other tangible fixed assets | 26 | €4,432 | €3,924 | -€508 | -11.5% |
| Financial fixed assets | 28 | €296 | €296 | = | 0.0% |
| Current assets | 29/58 | €127,582 | €79,599 | -€47,983 | -37.6% |
| Amounts receivable within one year | 40/41 | €30,487 | €44,215 | +€13,728 | +45.0% |
| Trade receivables | 40 | €30,487 | €28,443 | -€2,044 | -6.7% |
| Other amounts receivable | 41 | €0 | €15,772 | +€15,772 | |
| Cash at bank and in hand | 54/58 | €95,775 | €33,910 | -€61,865 | -64.6% |
| Deferred charges and accrued income | 490/1 | €1,320 | €1,475 | +€154 | +11.7% |
| Total equity and liabilities | 10/49 | €140,680 | €94,650 | -€46,030 | -32.7% |
| Equity | 10/15 | €38,201 | €77,582 | +€39,380 | +103% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €13,500 | €13,500 | = | 0.0% |
| Distributable reserves | 133 | €13,500 | €13,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,201 | €57,582 | +€39,380 | +216% |
| Amounts payable | 17/49 | €102,479 | €17,068 | -€85,410 | -83.3% |
| Amounts payable within one year | 42/48 | €102,479 | €17,068 | -€85,410 | -83.3% |
| Trade debts | 44 | €5,088 | €8,544 | +€3,456 | +67.9% |
| Suppliers | 440/4 | €5,088 | €8,544 | +€3,456 | +67.9% |
| Taxes, remuneration and social security | 45 | €10,279 | €8,524 | -€1,755 | -17.1% |
| Taxes | 450/3 | €10,279 | €8,524 | -€1,755 | -17.1% |
| Other amounts payable | 47/48 | €87,111 | €0 | -€87,111 | -100% |
| Remuneration, social security and pensions | 62 | €373 | €290 | -€83 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,193 | €4,075 | +€882 | +27.6% |
| Other operating charges | 640/8 | €1,701 | €1,575 | -€126 | -7.4% |
| Gross operating margin | 9900 | €68,859 | €56,362 | -€12,497 | -18.1% |
| Operating profit (loss) | 9901 | €63,593 | €50,423 | -€13,170 | -20.7% |
| Financial income | 75/76B | €305 | €374 | +€69 | +22.5% |
| Recurring financial income | 75 | €305 | €374 | +€69 | +22.5% |
| Financial charges | 65/66B | €230 | €81 | -€149 | -64.7% |
| Recurring financial charges | 65 | €230 | €81 | -€149 | -64.7% |
| Profit (loss) for the period before taxes | 9903 | €63,668 | €50,715 | -€12,953 | -20.3% |
| Income taxes | 67/77 | €14,250 | €11,335 | -€2,916 | -20.5% |
| Profit (loss) for the period | 9904 | €49,418 | €39,380 | -€10,038 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,418 | €39,380 | -€10,038 | -20.3% |
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 24 October 2026 via checked.be.