CV-Team: 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-Team
Largest movements
- Cash +€16,952
up €16,952 (+24.3%), from €69,668 to €86,620
mainly Net result for the year (+€31,500) and Trade debts (+€19,741)
- Receivables within one year -€10,317
down €10,317 (-42.6%), from €24,217 to €13,900
of which Trade receivables: -€13,071
- Deferred charges and accrued income -€2,958
down €2,958 (-46.3%), from €6,386 to €3,428
- Tangible fixed assets -€1,806
down €1,806 (-7.3%), from €24,772 to €22,966
of which Furniture and vehicles: -€1,875
- Other debts -€31,826
down €31,826 (-61.6%), from €51,700 to €19,874
- Trade debts +€19,741
new in 2025: €19,741
- Reserves +€13,850
up €13,850 (+25.4%), from €54,579 to €68,429
- Depreciation -€22,954
down €22,954 (-77.3%), from €29,698 to €6,744
- Gross operating margin +€17,497
up €17,497 (+51.4%), from €34,055 to €51,552
- Taxes +€10,921
up €10,921 (+833%), from €1,311 to €12,232
- Financial income -€640
down €640 (-87.3%), from €733 to €93
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 | €125,043 | €126,914 | +€1,871 | +1.5% |
| Fixed assets | 21/28 | €24,772 | €22,966 | -€1,806 | -7.3% |
| Tangible fixed assets | 22/27 | €24,772 | €22,966 | -€1,806 | -7.3% |
| Plant, machinery and equipment | 23 | €6,233 | €6,302 | +€69 | +1.1% |
| Furniture and vehicles | 24 | €18,539 | €16,664 | -€1,875 | -10.1% |
| Current assets | 29/58 | €100,271 | €103,948 | +€3,677 | +3.7% |
| Amounts receivable within one year | 40/41 | €24,217 | €13,900 | -€10,317 | -42.6% |
| Trade receivables | 40 | €19,633 | €6,562 | -€13,071 | -66.6% |
| Other amounts receivable | 41 | €4,584 | €7,338 | +€2,754 | +60.1% |
| Cash at bank and in hand | 54/58 | €69,668 | €86,620 | +€16,952 | +24.3% |
| Deferred charges and accrued income | 490/1 | €6,386 | €3,428 | -€2,958 | -46.3% |
| Total equity and liabilities | 10/49 | €125,043 | €126,914 | +€1,871 | +1.5% |
| Equity | 10/15 | €73,179 | €87,029 | +€13,850 | +18.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,579 | €68,429 | +€13,850 | +25.4% |
| Distributable reserves | 133 | €54,579 | €68,429 | +€13,850 | +25.4% |
| Amounts payable | 17/49 | €51,864 | €39,885 | -€11,979 | -23.1% |
| Amounts payable within one year | 42/48 | €51,864 | €39,885 | -€11,979 | -23.1% |
| Trade debts | 44 | - | €19,741 | +€19,741 | |
| Suppliers | 440/4 | - | €19,741 | +€19,741 | |
| Taxes, remuneration and social security | 45 | €164 | €270 | +€106 | +64.6% |
| Taxes | 450/3 | €164 | €270 | +€106 | +64.6% |
| Other amounts payable | 47/48 | €51,700 | €19,874 | -€31,826 | -61.6% |
| Non-recurring operating income | 76A | - | €2,400 | +€2,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,698 | €6,744 | -€22,954 | -77.3% |
| Other operating charges | 640/8 | €1,188 | €721 | -€467 | -39.3% |
| Gross operating margin | 9900 | €34,055 | €51,552 | +€17,497 | +51.4% |
| Operating profit (loss) | 9901 | €3,169 | €44,087 | +€40,918 | +1,291% |
| Financial income | 75/76B | €733 | €93 | -€640 | -87.3% |
| Recurring financial income | 75 | €733 | €93 | -€640 | -87.3% |
| Financial charges | 65/66B | €258 | €448 | +€190 | +73.6% |
| Recurring financial charges | 65 | €258 | €448 | +€190 | +73.6% |
| Profit (loss) for the period before taxes | 9903 | €3,644 | €43,732 | +€40,088 | +1,100% |
| Income taxes | 67/77 | €1,311 | €12,232 | +€10,921 | +833% |
| Profit (loss) for the period | 9904 | €2,333 | €31,500 | +€29,167 | +1,250% |
| Profit (loss) for the period to be appropriated | 9905 | €2,333 | €31,500 | +€29,167 | +1,250% |
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.