CVC INVEST: what changed
What changed
CVC INVEST
NACE 35.150, Electricity, gas, steam and air conditioning supply
filed annual accounts (NBB)
Net result for the year
€23,159
2024 · €17,608+€5,551
Equity
€219,545
2024 · €196,385+€23,159
Cash
€477,686
2024 · €124,942+€352,745
Balance sheet total
€646,616
2024 · €615,263+€31,353
Largest movements
Assets
- Cash +€352,745
up €352,745 (+282%), from €124,942 to €477,686
mainly Stocks and contracts (+€296,856) and Net result for the year (+€23,159)
- Stocks and contracts -€296,856
down €296,856 (-97.4%), from €304,756 to €7,900
- Tangible fixed assets -€21,799
down €21,799 (-13.6%), from €159,882 to €138,083
Equity and liabilities
- Reserves +€23,159
up €23,159 (+15.4%), from €150,427 to €173,586
- Tax, wage and social debts +€11,023
up €11,023 (+207%), from €5,333 to €16,356
Income statement
- Gross operating margin +€8,912
up €8,912 (+11.5%), from €77,453 to €86,364
- Taxes +€3,544
up €3,544 (+42.7%), from €8,300 to €11,845
- Other operating charges +€2,830
up €2,830 (+223%), from €1,268 to €4,098
- Financial charges -€2,232
down €2,232 (-7.8%), from €28,478 to €26,245
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€17,608
Gross operating margin
+€8,912
Other operating charges
-€2,830
Financial income
+€782
Financial charges
+€2,232
Taxes
-€3,544
Result 2025
€23,159
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€352,745
Investment
€0
Financing
€0
Cash 2024
€124,942
From operations (derived)
+€352,745
Net result for the year
+€23,159
Depreciation
+€21,799
Stocks and contracts
+€296,856
Receivables within one year
+€2,765
Smaller working-capital items
-€619
Tax, wage and social debts
+€11,023
Accrued charges and deferred income
-€2,240
Cash 2025
€477,686
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €615,263 | €646,616 | +€31,353 | +5.1% |
| Fixed assets | 21/28 | €159,882 | €138,083 | -€21,799 | -13.6% |
| Tangible fixed assets | 22/27 | €159,882 | €138,083 | -€21,799 | -13.6% |
| Plant, machinery and equipment | 23 | €159,882 | €138,083 | -€21,799 | -13.6% |
| Current assets | 29/58 | €455,381 | €508,533 | +€53,152 | +11.7% |
| Stocks and contracts in progress | 3 | €304,756 | €7,900 | -€296,856 | -97.4% |
| Stocks | 30/36 | €304,756 | €7,900 | -€296,856 | -97.4% |
| Amounts receivable within one year | 40/41 | €25,201 | €22,436 | -€2,765 | -11.0% |
| Trade receivables | 40 | €24,548 | €22,436 | -€2,111 | -8.6% |
| Other amounts receivable | 41 | €654 | - | -€654 | |
| Cash at bank and in hand | 54/58 | €124,942 | €477,686 | +€352,745 | +282% |
| Deferred charges and accrued income | 490/1 | €481 | €511 | +€29 | +6.1% |
| Total equity and liabilities | 10/49 | €615,263 | €646,616 | +€31,353 | +5.1% |
| Equity | 10/15 | €196,385 | €219,545 | +€23,159 | +11.8% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Reserves | 13 | €150,427 | €173,586 | +€23,159 | +15.4% |
| Distributable reserves | 133 | €150,427 | €173,586 | +€23,159 | +15.4% |
| Profit (loss) carried forward | 14 | €12,958 | €12,958 | = | 0.0% |
| Amounts payable | 17/49 | €418,877 | €427,071 | +€8,194 | +2.0% |
| Amounts payable after more than one year | 17 | €346,000 | €346,000 | = | 0.0% |
| Financial debts | 170/4 | €346,000 | €346,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,515 | €54,948 | +€10,434 | +23.4% |
| Trade debts | 44 | €1,818 | €1,228 | -€590 | -32.4% |
| Suppliers | 440/4 | €1,818 | €1,228 | -€590 | -32.4% |
| Taxes, remuneration and social security | 45 | €5,333 | €16,356 | +€11,023 | +207% |
| Taxes | 450/3 | €5,333 | €16,356 | +€11,023 | +207% |
| Other amounts payable | 47/48 | €37,364 | €37,364 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €28,363 | €26,123 | -€2,240 | -7.9% |
| Non-recurring operating income | 76A | €29,972 | €42,006 | +€12,034 | +40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,799 | €21,799 | = | 0.0% |
| Other operating charges | 640/8 | €1,268 | €4,098 | +€2,830 | +223% |
| Gross operating margin | 9900 | €77,453 | €86,364 | +€8,912 | +11.5% |
| Operating profit (loss) | 9901 | €54,386 | €60,467 | +€6,081 | +11.2% |
| Financial income | 75/76B | €0 | €782 | +€782 | +260,567% |
| Recurring financial income | 75 | €0 | €782 | +€782 | +260,567% |
| Financial charges | 65/66B | €28,478 | €26,245 | -€2,232 | -7.8% |
| Recurring financial charges | 65 | €28,478 | €26,245 | -€2,232 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €25,909 | €35,004 | +€9,095 | +35.1% |
| Income taxes | 67/77 | €8,300 | €11,845 | +€3,544 | +42.7% |
| Profit (loss) for the period | 9904 | €17,608 | €23,159 | +€5,551 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,608 | €23,159 | +€5,551 | +31.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.