CV PRODUCTION: 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 PRODUCTION
Largest movements
- Tangible fixed assets +€24,526
up €24,526 (+147%), from €16,696 to €41,222
of which Furniture and vehicles: +€25,030
- Cash -€17,493
down €17,493 (-32.4%), from €53,980 to €36,486
mainly Investment in fixed assets (net) (-€35,927) and Net result for the year (-€17,417)
- Receivables within one year -€3,927
down €3,927 (-14.6%), from €26,855 to €22,928
of which Other amounts receivable: -€2,118
- Profit (loss) carried forward -€17,417
down €17,417, from €6,074 to -€11,343
- Other debts +€14,283
up €14,283 (+62.3%), from €22,917 to €37,200
- Trade debts -€5,826
down €5,826 (-48.3%), from €12,072 to €6,246
- Current portion of long-term debt +€4,951
new in 2025: €4,951
- Debts after one year +€3,841
new in 2025: €3,841
- Gross operating margin -€14,920
down €14,920 (-34.3%), from €43,444 to €28,524
- Staff costs +€6,412
up €6,412 (+24.4%), from €26,234 to €32,646
- Depreciation +€3,387
up €3,387 (+42.3%), from €8,014 to €11,401
- Other operating charges -€856
down €856 (-52.1%), from €1,644 to €788
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 | €100,650 | €104,036 | +€3,386 | +3.4% |
| Fixed assets | 21/28 | €16,846 | €41,372 | +€24,526 | +146% |
| Tangible fixed assets | 22/27 | €16,696 | €41,222 | +€24,526 | +147% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €14,682 | €39,712 | +€25,030 | +170% |
| Other tangible fixed assets | 26 | €2,014 | €1,511 | -€504 | -25.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €83,804 | €62,663 | -€21,140 | -25.2% |
| Amounts receivable within one year | 40/41 | €26,855 | €22,928 | -€3,927 | -14.6% |
| Trade receivables | 40 | €24,737 | €22,928 | -€1,809 | -7.3% |
| Other amounts receivable | 41 | €2,118 | - | -€2,118 | |
| Cash at bank and in hand | 54/58 | €53,980 | €36,486 | -€17,493 | -32.4% |
| Deferred charges and accrued income | 490/1 | €2,969 | €3,249 | +€280 | +9.4% |
| Total equity and liabilities | 10/49 | €100,650 | €104,036 | +€3,386 | +3.4% |
| Equity | 10/15 | €61,204 | €43,787 | -€17,417 | -28.5% |
| Contributions | 10/11 | €6,800 | €6,800 | = | 0.0% |
| Reserves | 13 | €48,331 | €48,331 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,486 | €4,486 | = | 0.0% |
| Distributable reserves | 133 | €43,844 | €43,844 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,074 | -€11,343 | -€17,417 | |
| Amounts payable | 17/49 | €39,445 | €60,248 | +€20,803 | +52.7% |
| Amounts payable after more than one year | 17 | - | €3,841 | +€3,841 | |
| Financial debts | 170/4 | - | €3,841 | +€3,841 | |
| Amounts payable within one year | 42/48 | €39,445 | €56,407 | +€16,962 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,951 | +€4,951 | |
| Trade debts | 44 | €12,072 | €6,246 | -€5,826 | -48.3% |
| Suppliers | 440/4 | €12,072 | €6,246 | -€5,826 | -48.3% |
| Taxes, remuneration and social security | 45 | €4,456 | €8,011 | +€3,555 | +79.8% |
| Taxes | 450/3 | €140 | €2,291 | +€2,151 | +1,542% |
| Remuneration and social security | 454/9 | €4,317 | €5,721 | +€1,404 | +32.5% |
| Other amounts payable | 47/48 | €22,917 | €37,200 | +€14,283 | +62.3% |
| Remuneration, social security and pensions | 62 | €26,234 | €32,646 | +€6,412 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,014 | €11,401 | +€3,387 | +42.3% |
| Other operating charges | 640/8 | €1,644 | €788 | -€856 | -52.1% |
| Gross operating margin | 9900 | €43,444 | €28,524 | -€14,920 | -34.3% |
| Operating profit (loss) | 9901 | €7,552 | -€16,311 | -€23,863 | |
| Financial income | 75/76B | €82 | €1 | -€81 | -98.4% |
| Recurring financial income | 75 | €82 | €1 | -€81 | -98.4% |
| Financial charges | 65/66B | €562 | €919 | +€357 | +63.6% |
| Recurring financial charges | 65 | €562 | €919 | +€357 | +63.6% |
| Profit (loss) for the period before taxes | 9903 | €7,072 | -€17,229 | -€24,302 | |
| Income taxes | 67/77 | €140 | €188 | +€48 | +34.5% |
| Profit (loss) for the period | 9904 | €6,933 | -€17,417 | -€24,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,933 | -€17,417 | -€24,350 |
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.