CV ELECTRO: 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 ELECTRO
Largest movements
- Receivables within one year +€18,391
up €18,391 (+110%), from €16,776 to €35,167
of which Trade receivables: +€16,657
- Cash -€13,707
down €13,707 (-56.1%), from €24,425 to €10,719
mainly Investment in fixed assets (net) (-€29,909) and Receivables within one year (-€18,391)
- Tangible fixed assets +€13,290
up €13,290 (+61.7%), from €21,544 to €34,834
of which Leasing and similar rights: +€25,635
- Stocks and contracts +€6,959
up €6,959 (+84.0%), from €8,287 to €15,245
- Debts after one year +€9,334
up €9,334 (+27.0%), from €34,633 to €43,967
- Current portion of long-term debt +€5,774
up €5,774 (+52.0%), from €11,101 to €16,875
- Profit (loss) carried forward +€4,531
up €4,531 (+25.6%), from -€17,699 to -€13,168
- Trade debts +€3,912
up €3,912 (+19.2%), from €20,330 to €24,242
- Gross operating margin +€16,367
up €16,367 (+102%), from €16,099 to €32,465
- Depreciation +€9,306
up €9,306 (+131%), from €7,108 to €16,414
- Staff costs +€8,916
up €8,916 (+583%), from €1,528 to €10,444
- Financial income +€4,938
up €4,938 (+4,515%), from €109 to €5,048
of which Non-recurring financial income: +€4,959
- Financial charges -€833
down €833 (-13.8%), from €6,055 to €5,222
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 | €71,757 | €96,213 | +€24,455 | +34.1% |
| Fixed assets | 21/28 | €21,587 | €35,082 | +€13,495 | +62.5% |
| Tangible fixed assets | 22/27 | €21,544 | €34,834 | +€13,290 | +61.7% |
| Plant, machinery and equipment | 23 | €5,736 | €4,045 | -€1,691 | -29.5% |
| Furniture and vehicles | 24 | €15,808 | €5,154 | -€10,654 | -67.4% |
| Leasing and similar rights | 25 | - | €25,635 | +€25,635 | |
| Financial fixed assets | 28 | €43 | €248 | +€205 | +473% |
| Current assets | 29/58 | €50,170 | €61,131 | +€10,961 | +21.8% |
| Stocks and contracts in progress | 3 | €8,287 | €15,245 | +€6,959 | +84.0% |
| Stocks | 30/36 | €8,287 | €15,245 | +€6,959 | +84.0% |
| Amounts receivable within one year | 40/41 | €16,776 | €35,167 | +€18,391 | +110% |
| Trade receivables | 40 | €12,557 | €29,214 | +€16,657 | +133% |
| Other amounts receivable | 41 | €4,218 | €5,953 | +€1,735 | +41.1% |
| Cash at bank and in hand | 54/58 | €24,425 | €10,719 | -€13,707 | -56.1% |
| Deferred charges and accrued income | 490/1 | €683 | - | -€683 | |
| Total equity and liabilities | 10/49 | €71,757 | €96,213 | +€24,455 | +34.1% |
| Equity | 10/15 | €2,753 | €7,284 | +€4,531 | +165% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,699 | -€13,168 | +€4,531 | +25.6% |
| Amounts payable | 17/49 | €69,004 | €88,929 | +€19,925 | +28.9% |
| Amounts payable after more than one year | 17 | €34,633 | €43,967 | +€9,334 | +27.0% |
| Financial debts | 170/4 | €34,633 | €43,967 | +€9,334 | +27.0% |
| Amounts payable within one year | 42/48 | €34,371 | €44,962 | +€10,591 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €11,101 | €16,875 | +€5,774 | +52.0% |
| Trade debts | 44 | €20,330 | €24,242 | +€3,912 | +19.2% |
| Suppliers | 440/4 | €20,330 | €24,242 | +€3,912 | +19.2% |
| Advances received on contracts in progress | 46 | - | €750 | +€750 | |
| Taxes, remuneration and social security | 45 | €2,790 | €3,095 | +€305 | +10.9% |
| Taxes | 450/3 | €774 | €1,649 | +€874 | +113% |
| Remuneration and social security | 454/9 | €2,016 | €1,447 | -€569 | -28.2% |
| Other amounts payable | 47/48 | €150 | - | -€150 | |
| Remuneration, social security and pensions | 62 | €1,528 | €10,444 | +€8,916 | +583% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,108 | €16,414 | +€9,306 | +131% |
| Other operating charges | 640/8 | €608 | €866 | +€258 | +42.5% |
| Non-recurring operating charges | 66A | €3,445 | €36 | -€3,409 | -98.9% |
| Gross operating margin | 9900 | €16,099 | €32,465 | +€16,367 | +102% |
| Operating profit (loss) | 9901 | €3,410 | €4,705 | +€1,295 | +38.0% |
| Financial income | 75/76B | €109 | €5,048 | +€4,938 | +4,515% |
| Recurring financial income | 75 | €109 | €89 | -€20 | -18.5% |
| Non-recurring financial income | 76B | - | €4,959 | +€4,959 | |
| Financial charges | 65/66B | €6,055 | €5,222 | -€833 | -13.8% |
| Recurring financial charges | 65 | €6,055 | €5,222 | -€833 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,536 | €4,531 | +€7,066 | |
| Income taxes | 67/77 | €137 | - | -€137 | |
| Profit (loss) for the period | 9904 | -€2,672 | €4,531 | +€7,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,672 | €4,531 | +€7,203 |
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 16 October 2026 via checked.be.