CV-T: 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-T
Largest movements
- Stocks and contracts -€4,862
down €4,862 (-71.2%), from €6,827 to €1,966
- Tangible fixed assets -€1,203
down €1,203 (-77.8%), from €1,546 to €343
- Receivables within one year +€460
up €460 (+20.1%), from €2,289 to €2,749
of which Trade receivables: +€725
- Deferred charges and accrued income -€416
down €416 (-41.8%), from €995 to €579
- Cash +€153
up €153 (+6.6%), from €2,320 to €2,473
mainly Stocks and contracts (+€4,862) and Depreciation (+€1,203)
- Profit (loss) carried forward -€3,681
down €3,681 (-12.9%), from -€28,458 to -€32,139
- Accrued charges and deferred income -€2,830
down €2,830 (-100%), from €2,830 to €0
- Other debts +€737
up €737 (+3.1%), from €23,729 to €24,467
- Gross operating margin +€7,956
up €7,956 (+82.8%), from -€9,614 to -€1,658
- Depreciation +€343
up €343 (+39.8%), from €860 to €1,203
- Other operating charges +€280
up €280 (+71.5%), from €392 to €672
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 | €13,977 | €8,109 | -€5,868 | -42.0% |
| Fixed assets | 21/28 | €1,546 | €343 | -€1,203 | -77.8% |
| Tangible fixed assets | 22/27 | €1,546 | €343 | -€1,203 | -77.8% |
| Furniture and vehicles | 24 | €1,546 | €343 | -€1,203 | -77.8% |
| Current assets | 29/58 | €12,431 | €7,766 | -€4,665 | -37.5% |
| Stocks and contracts in progress | 3 | €6,827 | €1,966 | -€4,862 | -71.2% |
| Stocks | 30/36 | €6,827 | €1,966 | -€4,862 | -71.2% |
| Amounts receivable within one year | 40/41 | €2,289 | €2,749 | +€460 | +20.1% |
| Trade receivables | 40 | €1,903 | €2,628 | +€725 | +38.1% |
| Other amounts receivable | 41 | €386 | €121 | -€265 | -68.8% |
| Cash at bank and in hand | 54/58 | €2,320 | €2,473 | +€153 | +6.6% |
| Deferred charges and accrued income | 490/1 | €995 | €579 | -€416 | -41.8% |
| Total equity and liabilities | 10/49 | €13,977 | €8,109 | -€5,868 | -42.0% |
| Equity | 10/15 | -€12,728 | -€16,409 | -€3,681 | -28.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €13,230 | €13,230 | = | 0.0% |
| Distributable reserves | 133 | €13,230 | €13,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,458 | -€32,139 | -€3,681 | -12.9% |
| Amounts payable | 17/49 | €26,705 | €24,518 | -€2,187 | -8.2% |
| Amounts payable within one year | 42/48 | €23,875 | €24,518 | +€643 | +2.7% |
| Trade debts | 44 | €145 | €52 | -€94 | -64.5% |
| Suppliers | 440/4 | €145 | €52 | -€94 | -64.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €23,729 | €24,467 | +€737 | +3.1% |
| Accrued charges and deferred income | 492/3 | €2,830 | €0 | -€2,830 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €860 | €1,203 | +€343 | +39.8% |
| Other operating charges | 640/8 | €392 | €672 | +€280 | +71.5% |
| Gross operating margin | 9900 | -€9,614 | -€1,658 | +€7,956 | +82.8% |
| Operating profit (loss) | 9901 | -€10,866 | -€3,533 | +€7,333 | +67.5% |
| Financial income | 75/76B | €49 | €7 | -€42 | -86.2% |
| Recurring financial income | 75 | €49 | €7 | -€42 | -86.2% |
| Financial charges | 65/66B | €158 | €155 | -€4 | -2.2% |
| Recurring financial charges | 65 | €158 | €155 | -€4 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,975 | -€3,681 | +€7,294 | +66.5% |
| Profit (loss) for the period | 9904 | -€10,975 | -€3,681 | +€7,294 | +66.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,975 | -€3,681 | +€7,294 | +66.5% |
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 15 October 2026 via checked.be.