CVA NOT: what changed
Two fiscal 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.
CVA NOT
Largest movements
- Cash +€7,056
up €7,056 (+4.5%), from €158,063 to €165,119
mainly Net result for the year (+€69,794) and Tax, wage and social debts (+€7,262)
- Tax, wage and social debts +€7,262
up €7,262 (+54.1%), from €13,418 to €20,680
of which Taxes: +€4,012
- Taxes +€2,382
up €2,382 (+19.1%), from €12,461 to €14,842
- Gross operating margin +€1,198
up €1,198 (+1.4%), from €83,950 to €85,148
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.
Cash bridge derived
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 | €158,063 | €165,119 | +€7,056 | +4.5% |
| Current assets | 29/58 | €158,063 | €165,119 | +€7,056 | +4.5% |
| Cash at bank and in hand | 54/58 | €158,063 | €165,119 | +€7,056 | +4.5% |
| Total equity and liabilities | 10/49 | €158,063 | €165,119 | +€7,056 | +4.5% |
| Equity | 10/15 | €85,145 | €84,939 | -€206 | -0.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €82,303 | €82,303 | = | 0.0% |
| Distributable reserves | 133 | €82,303 | €82,303 | = | 0.0% |
| Profit (loss) carried forward | 14 | €842 | €636 | -€206 | -24.4% |
| Amounts payable | 17/49 | €72,918 | €80,180 | +€7,262 | +10.0% |
| Amounts payable within one year | 42/48 | €72,918 | €80,180 | +€7,262 | +10.0% |
| Taxes, remuneration and social security | 45 | €13,418 | €20,680 | +€7,262 | +54.1% |
| Taxes | 450/3 | €13,418 | €17,430 | +€4,012 | +29.9% |
| Remuneration and social security | 454/9 | - | €3,250 | +€3,250 | |
| Other amounts payable | 47/48 | €59,500 | €59,500 | = | 0.0% |
| Other operating charges | 640/8 | €601 | €465 | -€136 | -22.6% |
| Gross operating margin | 9900 | €83,950 | €85,148 | +€1,198 | +1.4% |
| Operating profit (loss) | 9901 | €83,349 | €84,683 | +€1,334 | +1.6% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €83,303 | €84,637 | +€1,334 | +1.6% |
| Income taxes | 67/77 | €12,461 | €14,842 | +€2,382 | +19.1% |
| Profit (loss) for the period | 9904 | €70,842 | €69,794 | -€1,048 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,842 | €69,794 | -€1,048 | -1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.