CVD CONSULT: 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.
CVD CONSULT
Largest movements
- Cash +€85,876
up €85,876 (+16.3%), from €526,254 to €612,130
mainly Net result for the year (+€105,842) and Other debts (+€63,475)
- Receivables within one year +€26,522
up €26,522 (+93.7%), from €28,308 to €54,830
of which Trade receivables: +€27,543
- Other debts +€63,475
up €63,475 (+32.7%), from €194,223 to €257,697
- Reserves +€31,390
up €31,390 (+9.1%), from €344,965 to €376,355
- Tax, wage and social debts +€15,481
up €15,481 (+228.1%), from €6,787 to €22,268
- Gross operating margin +€89,412
up €89,412 (+146.6%), from €61,006 to €150,419
- Taxes +€19,932
up €19,932 (+105.0%), from €18,979 to €38,911
- Financial charges +€2,172
up €2,172 (+365.2%), from €595 to €2,766
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 | €563,659 | €674,182 | +€110,523 | +19.6% |
| Fixed assets | 21/28 | €9,098 | €7,222 | -€1,876 | -20.6% |
| Tangible fixed assets | 22/27 | €8,348 | €6,472 | -€1,876 | -22.5% |
| Furniture and vehicles | 24 | €3,199 | €2,428 | -€771 | -24.1% |
| Other tangible fixed assets | 26 | €5,148 | €4,044 | -€1,104 | -21.5% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €554,562 | €666,960 | +€112,399 | +20.3% |
| Amounts receivable within one year | 40/41 | €28,308 | €54,830 | +€26,522 | +93.7% |
| Trade receivables | 40 | €27,287 | €54,830 | +€27,543 | +100.9% |
| Other amounts receivable | 41 | €1,021 | - | -€1,021 | |
| Cash at bank and in hand | 54/58 | €526,254 | €612,130 | +€85,876 | +16.3% |
| Total equity and liabilities | 10/49 | €563,659 | €674,182 | +€110,523 | +19.6% |
| Equity | 10/15 | €357,992 | €389,385 | +€31,392 | +8.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €344,965 | €376,355 | +€31,390 | +9.1% |
| Distributable reserves | 133 | €344,965 | €376,355 | +€31,390 | +9.1% |
| Profit (loss) carried forward | 14 | €627 | €630 | +€2 | +0.3% |
| Amounts payable | 17/49 | €205,667 | €284,798 | +€79,131 | +38.5% |
| Amounts payable within one year | 42/48 | €205,667 | €284,798 | +€79,131 | +38.5% |
| Trade debts | 44 | €4,657 | €4,833 | +€176 | +3.8% |
| Suppliers | 440/4 | €4,657 | €4,833 | +€176 | +3.8% |
| Taxes, remuneration and social security | 45 | €6,787 | €22,268 | +€15,481 | +228.1% |
| Taxes | 450/3 | €6,787 | €22,268 | +€15,481 | +228.1% |
| Other amounts payable | 47/48 | €194,223 | €257,697 | +€63,475 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,760 | €1,876 | +€115 | +6.5% |
| Other operating charges | 640/8 | €1,198 | €1,024 | -€174 | -14.5% |
| Gross operating margin | 9900 | €61,006 | €150,419 | +€89,412 | +146.6% |
| Operating profit (loss) | 9901 | €58,048 | €147,519 | +€89,471 | +154.1% |
| Financial charges | 65/66B | €595 | €2,766 | +€2,172 | +365.2% |
| Recurring financial charges | 65 | €595 | €2,766 | +€2,172 | +365.2% |
| Profit (loss) for the period before taxes | 9903 | €57,454 | €144,753 | +€87,300 | +151.9% |
| Income taxes | 67/77 | €18,979 | €38,911 | +€19,932 | +105.0% |
| Profit (loss) for the period | 9904 | €38,474 | €105,842 | +€67,368 | +175.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,474 | €105,842 | +€67,368 | +175.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.