CVC GROUP: 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.
CVC GROUP
Largest movements
- Receivables within one year +€235,153
up €235,153 (+45.4%), from €517,869 to €753,023
of which Other amounts receivable: +€141,112
- Deferred charges and accrued income -€63,211
no longer reported in 2024 (was €63,211)
- Trade debts +€234,536
up €234,536 (+119%), from €196,920 to €431,456
- Other debts -€181,990
down €181,990 (-50.5%), from €360,658 to €178,669
- Accrued charges and deferred income +€136,884
new in 2024: €136,884
- Tax, wage and social debts -€51,942
down €51,942 (-46.3%), from €112,254 to €60,311
of which Remuneration and social security: -€57,376
- Profit (loss) carried forward +€32,591
new in 2024: €32,591
- Gross operating margin -€12,112
down €12,112 (-14.0%), from €86,252 to €74,140
- Taxes -€11,885
down €11,885 (-44.9%), from €26,444 to €14,560
- Depreciation -€9,855
down €9,855 (-61.4%), from €16,060 to €6,204
- Other operating charges +€2,021
up €2,021 (+11.2%), from €18,030 to €20,051
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €690,292 | €860,371 | +€170,079 | +24.6% |
| Fixed assets | 21/28 | €22,592 | €17,937 | -€4,656 | -20.6% |
| Intangible fixed assets | 21 | €898 | €534 | -€364 | -40.5% |
| Tangible fixed assets | 22/27 | €14,929 | €10,327 | -€4,602 | -30.8% |
| Plant, machinery and equipment | 23 | €2,623 | €1,101 | -€1,522 | -58.0% |
| Furniture and vehicles | 24 | €1,072 | €1,345 | +€274 | +25.5% |
| Leasing and similar rights | 25 | €1,886 | - | -€1,886 | |
| Other tangible fixed assets | 26 | €9,349 | €7,881 | -€1,468 | -15.7% |
| Financial fixed assets | 28 | €6,765 | €7,075 | +€310 | +4.6% |
| Current assets | 29/58 | €667,699 | €842,434 | +€174,735 | +26.2% |
| Amounts receivable within one year | 40/41 | €517,869 | €753,023 | +€235,153 | +45.4% |
| Trade receivables | 40 | €273,579 | €367,621 | +€94,042 | +34.4% |
| Other amounts receivable | 41 | €244,290 | €385,402 | +€141,112 | +57.8% |
| Cash at bank and in hand | 54/58 | €86,619 | €89,411 | +€2,792 | +3.2% |
| Deferred charges and accrued income | 490/1 | €63,211 | - | -€63,211 | |
| Total equity and liabilities | 10/49 | €690,292 | €860,371 | +€170,079 | +24.6% |
| Equity | 10/15 | €20,460 | €53,051 | +€32,591 | +159% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €32,591 | +€32,591 | |
| Amounts payable | 17/49 | €669,832 | €807,320 | +€137,488 | +20.5% |
| Amounts payable within one year | 42/48 | €669,832 | €670,436 | +€604 | +0.1% |
| Trade debts | 44 | €196,920 | €431,456 | +€234,536 | +119% |
| Suppliers | 440/4 | €196,920 | €431,456 | +€234,536 | +119% |
| Taxes, remuneration and social security | 45 | €112,254 | €60,311 | -€51,942 | -46.3% |
| Taxes | 450/3 | €54,878 | €60,311 | +€5,434 | +9.9% |
| Remuneration and social security | 454/9 | €57,376 | - | -€57,376 | |
| Other amounts payable | 47/48 | €360,658 | €178,669 | -€181,990 | -50.5% |
| Accrued charges and deferred income | 492/3 | - | €136,884 | +€136,884 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,060 | €6,204 | -€9,855 | -61.4% |
| Other operating charges | 640/8 | €18,030 | €20,051 | +€2,021 | +11.2% |
| Gross operating margin | 9900 | €86,252 | €74,140 | -€12,112 | -14.0% |
| Operating profit (loss) | 9901 | €52,162 | €47,884 | -€4,278 | -8.2% |
| Financial income | 75/76B | €0 | €54 | +€54 | +25,676% |
| Recurring financial income | 75 | €0 | €54 | +€54 | +25,676% |
| Financial charges | 65/66B | €644 | €788 | +€143 | +22.3% |
| Recurring financial charges | 65 | €644 | €788 | +€143 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €51,518 | €47,151 | -€4,367 | -8.5% |
| Income taxes | 67/77 | €26,444 | €14,560 | -€11,885 | -44.9% |
| Profit (loss) for the period | 9904 | €25,073 | €32,591 | +€7,518 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,073 | €32,591 | +€7,518 | +30.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.