CVdA Management: 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.
CVdA Management
Largest movements
- Cash +€128,505
up €128,505 (+51.4%), from €249,776 to €378,282
mainly Net result for the year (+€357,306) and Other debts (+€112,455)
- Receivables within one year +€6,050
up €6,050 (+14.3%), from €42,350 to €48,400
of which Trade receivables: +€6,050
- Other debts +€112,455
up €112,455 (+45.0%), from €250,031 to €362,486
- Tax, wage and social debts +€22,031
up €22,031 (+68.6%), from €32,102 to €54,133
- Gross operating margin +€149,571
up €149,571 (+45.6%), from €327,948 to €477,518
- Taxes +€43,835
up €43,835 (+58.2%), from €75,267 to €119,102
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 | €292,390 | €427,006 | +€134,616 | +46.0% |
| Current assets | 29/58 | €292,390 | €427,006 | +€134,616 | +46.0% |
| Amounts receivable within one year | 40/41 | €42,350 | €48,400 | +€6,050 | +14.3% |
| Trade receivables | 40 | €42,350 | €48,400 | +€6,050 | +14.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €249,776 | €378,282 | +€128,505 | +51.4% |
| Deferred charges and accrued income | 490/1 | €264 | €324 | +€61 | +23.1% |
| Total equity and liabilities | 10/49 | €292,390 | €427,006 | +€134,616 | +46.0% |
| Equity | 10/15 | €10,000 | €10,000 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €282,390 | €417,006 | +€134,616 | +47.7% |
| Amounts payable within one year | 42/48 | €282,133 | €416,620 | +€134,487 | +47.7% |
| Taxes, remuneration and social security | 45 | €32,102 | €54,133 | +€22,031 | +68.6% |
| Taxes | 450/3 | €32,102 | €54,133 | +€22,031 | +68.6% |
| Other amounts payable | 47/48 | €250,031 | €362,486 | +€112,455 | +45.0% |
| Accrued charges and deferred income | 492/3 | €257 | €386 | +€129 | +50.4% |
| Other operating charges | 640/8 | €504 | €513 | +€9 | +1.8% |
| Gross operating margin | 9900 | €327,948 | €477,518 | +€149,571 | +45.6% |
| Operating profit (loss) | 9901 | €327,443 | €477,005 | +€149,562 | +45.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €407 | €596 | +€189 | +46.5% |
| Recurring financial charges | 65 | €407 | €596 | +€189 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €327,036 | €476,409 | +€149,372 | +45.7% |
| Income taxes | 67/77 | €75,267 | €119,102 | +€43,835 | +58.2% |
| Profit (loss) for the period | 9904 | €251,769 | €357,306 | +€105,537 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €251,769 | €357,306 | +€105,537 | +41.9% |
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 1 October 2026 via checked.be.