CV-Degeneffe: 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-Degeneffe
Largest movements
- Tangible fixed assets +€84,060
up €84,060 (+2,069%), from €4,064 to €88,123
of which Land and buildings: +€82,606
- Cash +€53,534
up €53,534 (+117%), from €45,800 to €99,334
mainly Net result for the year (+€72,088) and Debts after one year (+€61,458)
- Stocks and contracts +€12,500
new in 2025: €12,500
- Receivables within one year +€10,630
up €10,630 (+37.6%), from €28,253 to €38,883
of which Trade receivables: +€11,020
- Reserves +€140,075
up €140,075 (+46,692%), from €300 to €140,375
of which Distributable reserves: +€140,375
- Profit (loss) carried forward -€67,986
down €67,986 (-100%), from €67,986 to €0
- Debts after one year +€61,458
new in 2025: €61,458
- Tax, wage and social debts +€15,405
up €15,405 (+571%), from €2,700 to €18,105
- Current portion of long-term debt +€7,500
new in 2025: €7,500
- Gross operating margin +€95,929
up €95,929 (+4,474%), from €2,144 to €98,073
- Taxes +€15,405
new in 2025: €15,405
- Other operating charges +€2,376
up €2,376 (+217%), from €1,095 to €3,471
- Depreciation +€2,250
up €2,250 (+81.1%), from €2,773 to €5,024
- Financial charges +€1,627
up €1,627 (+348%), from €467 to €2,095
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 | €78,674 | €241,213 | +€162,539 | +207% |
| Fixed assets | 21/28 | €4,064 | €88,123 | +€84,060 | +2,069% |
| Tangible fixed assets | 22/27 | €4,064 | €88,123 | +€84,060 | +2,069% |
| Land and buildings | 22 | - | €82,606 | +€82,606 | |
| Plant, machinery and equipment | 23 | €4,064 | €1,295 | -€2,769 | -68.1% |
| Furniture and vehicles | 24 | - | €4,223 | +€4,223 | |
| Current assets | 29/58 | €74,611 | €153,090 | +€78,479 | +105% |
| Stocks and contracts in progress | 3 | - | €12,500 | +€12,500 | |
| Stocks | 30/36 | - | €12,500 | +€12,500 | |
| Amounts receivable within one year | 40/41 | €28,253 | €38,883 | +€10,630 | +37.6% |
| Trade receivables | 40 | €25,422 | €36,442 | +€11,020 | +43.3% |
| Other amounts receivable | 41 | €2,831 | €2,441 | -€390 | -13.8% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €45,800 | €99,334 | +€53,534 | +117% |
| Deferred charges and accrued income | 490/1 | €558 | €2,373 | +€1,814 | +325% |
| Total equity and liabilities | 10/49 | €78,674 | €241,213 | +€162,539 | +207% |
| Equity | 10/15 | €71,286 | €143,375 | +€72,088 | +101% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €300 | €140,375 | +€140,075 | +46,692% |
| Non-distributable reserves | 130/1 | €300 | - | -€300 | |
| Legal reserve | 130 | €300 | - | -€300 | |
| Distributable reserves | 133 | - | €140,375 | +€140,375 | |
| Profit (loss) carried forward | 14 | €67,986 | €0 | -€67,986 | -100% |
| Amounts payable | 17/49 | €7,388 | €97,838 | +€90,450 | +1,224% |
| Amounts payable after more than one year | 17 | - | €61,458 | +€61,458 | |
| Financial debts | 170/4 | - | €61,458 | +€61,458 | |
| Amounts payable within one year | 42/48 | €6,916 | €36,380 | +€29,465 | +426% |
| Current portion of amounts payable after more than one year | 42 | - | €7,500 | +€7,500 | |
| Trade debts | 44 | €4,216 | €9,872 | +€5,656 | +134% |
| Suppliers | 440/4 | €4,216 | €9,872 | +€5,656 | +134% |
| Taxes, remuneration and social security | 45 | €2,700 | €18,105 | +€15,405 | +571% |
| Taxes | 450/3 | €2,700 | €18,105 | +€15,405 | +571% |
| Other amounts payable | 47/48 | - | €903 | +€903 | |
| Accrued charges and deferred income | 492/3 | €472 | - | -€472 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,773 | €5,024 | +€2,250 | +81.1% |
| Other operating charges | 640/8 | €1,095 | €3,471 | +€2,376 | +217% |
| Gross operating margin | 9900 | €2,144 | €98,073 | +€95,929 | +4,474% |
| Operating profit (loss) | 9901 | -€1,724 | €89,578 | +€91,303 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €467 | €2,095 | +€1,627 | +348% |
| Recurring financial charges | 65 | €467 | €2,095 | +€1,627 | +348% |
| Profit (loss) for the period before taxes | 9903 | -€2,192 | €87,493 | +€89,685 | |
| Income taxes | 67/77 | - | €15,405 | +€15,405 | |
| Profit (loss) for the period | 9904 | -€2,192 | €72,088 | +€74,280 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,192 | €72,088 | +€74,280 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.