CVB: 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.
CVB
Largest movements
- Receivables within one year +€14,611
up €14,611 (+103.4%), from €14,133 to €28,743
of which Trade receivables: +€11,114
- Cash -€5,990
down €5,990 (-29.1%), from €20,587 to €14,597
mainly Receivables within one year (-€14,611) and Net result for the year (-€5,250)
- Stocks and contracts +€4,243
up €4,243 (+84.9%), from €5,000 to €9,243
- Tangible fixed assets -€3,084
down €3,084 (-31.5%), from €9,783 to €6,699
of which Furniture and vehicles: -€2,815
- Trade debts +€11,272
up €11,272 (+87.2%), from €12,921 to €24,193
- Profit (loss) carried forward -€5,250
down €5,250 (-52.3%), from -€10,031 to -€15,281
- Other debts +€5,167
up €5,167 (+12.6%), from €40,854 to €46,021
- Tax, wage and social debts -€1,388
down €1,388 (-18.6%), from €7,459 to €6,071
- Gross operating margin +€8,871
up €8,871 (+98.7%), from -€8,987 to -€116
- Depreciation +€2,582
up €2,582 (+514.4%), from €502 to €3,084
- Other operating charges +€686
up €686 (+335.6%), from €204 to €890
- Taxes +€574
new in 2025: €574
- Financial charges +€228
up €228 (+64.0%), from €357 to €585
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 | €51,203 | €61,004 | +€9,802 | +19.1% |
| Fixed assets | 21/28 | €9,783 | €6,699 | -€3,084 | -31.5% |
| Tangible fixed assets | 22/27 | €9,783 | €6,699 | -€3,084 | -31.5% |
| Furniture and vehicles | 24 | €8,438 | €5,623 | -€2,815 | -33.4% |
| Leasing and similar rights | 25 | €1,345 | €1,076 | -€269 | -20.0% |
| Current assets | 29/58 | €41,420 | €54,305 | +€12,886 | +31.1% |
| Stocks and contracts in progress | 3 | €5,000 | €9,243 | +€4,243 | +84.9% |
| Stocks | 30/36 | €5,000 | €9,243 | +€4,243 | +84.9% |
| Amounts receivable within one year | 40/41 | €14,133 | €28,743 | +€14,611 | +103.4% |
| Trade receivables | 40 | €14,133 | €25,247 | +€11,114 | +78.6% |
| Other amounts receivable | 41 | - | €3,496 | +€3,496 | |
| Cash at bank and in hand | 54/58 | €20,587 | €14,597 | -€5,990 | -29.1% |
| Deferred charges and accrued income | 490/1 | €1,701 | €1,722 | +€21 | +1.2% |
| Total equity and liabilities | 10/49 | €51,203 | €61,004 | +€9,802 | +19.1% |
| Equity | 10/15 | -€10,031 | -€15,281 | -€5,250 | -52.3% |
| Profit (loss) carried forward | 14 | -€10,031 | -€15,281 | -€5,250 | -52.3% |
| Amounts payable | 17/49 | €61,233 | €76,285 | +€15,052 | +24.6% |
| Amounts payable within one year | 42/48 | €61,233 | €76,285 | +€15,052 | +24.6% |
| Trade debts | 44 | €12,921 | €24,193 | +€11,272 | +87.2% |
| Suppliers | 440/4 | €12,921 | €24,193 | +€11,272 | +87.2% |
| Taxes, remuneration and social security | 45 | €7,459 | €6,071 | -€1,388 | -18.6% |
| Taxes | 450/3 | €7,459 | €6,071 | -€1,388 | -18.6% |
| Other amounts payable | 47/48 | €40,854 | €46,021 | +€5,167 | +12.6% |
| Non-recurring operating income | 76A | - | €4,467 | +€4,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502 | €3,084 | +€2,582 | +514.4% |
| Other operating charges | 640/8 | €204 | €890 | +€686 | +335.6% |
| Gross operating margin | 9900 | -€8,987 | -€116 | +€8,871 | +98.7% |
| Operating profit (loss) | 9901 | -€9,694 | -€4,090 | +€5,604 | +57.8% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €357 | €585 | +€228 | +64.0% |
| Recurring financial charges | 65 | €357 | €585 | +€228 | +64.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,031 | -€4,675 | +€5,356 | +53.4% |
| Income taxes | 67/77 | - | €574 | +€574 | |
| Profit (loss) for the period | 9904 | -€10,031 | -€5,250 | +€4,781 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,031 | -€5,250 | +€4,781 | +47.7% |
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 5 October 2026 via checked.be.