CVDH Services: 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.
CVDH Services
Largest movements
- Cash +€5,185
up €5,185 (+105.0%), from €4,936 to €10,121
mainly Net result for the year (+€23,997) and Tax, wage and social debts (+€3,016)
- Stocks and contracts -€923
down €923 (-64.2%), from €1,437 to €514
- Tangible fixed assets -€702
down €702 (-18.1%), from €3,887 to €3,185
of which Furniture and vehicles: -€602
- Deferred charges and accrued income -€240
down €240 (-11.8%), from €2,030 to €1,789
- Profit (loss) carried forward +€23,997
up €23,997 (+28.5%), from -€84,089 to -€60,091
- Debts after one year -€22,444
down €22,444 (-42.3%), from €53,080 to €30,636
- Tax, wage and social debts +€3,016
up €3,016 (+443.7%), from €680 to €3,696
- Trade debts -€1,250
down €1,250 (-5.2%), from €24,039 to €22,789
- Gross operating margin -€4,518
down €4,518 (-15.1%), from €30,007 to €25,489
- Depreciation -€697
down €697 (-49.8%), from €1,399 to €702
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 | €12,310 | €15,630 | +€3,320 | +27.0% |
| Fixed assets | 21/28 | €3,887 | €3,185 | -€702 | -18.1% |
| Tangible fixed assets | 22/27 | €3,887 | €3,185 | -€702 | -18.1% |
| Plant, machinery and equipment | 23 | €720 | €620 | -€100 | -13.9% |
| Furniture and vehicles | 24 | €3,166 | €2,564 | -€602 | -19.0% |
| Current assets | 29/58 | €8,423 | €12,445 | +€4,022 | +47.7% |
| Stocks and contracts in progress | 3 | €1,437 | €514 | -€923 | -64.2% |
| Stocks | 30/36 | €1,437 | €514 | -€923 | -64.2% |
| Amounts receivable within one year | 40/41 | €21 | €21 | = | 0.0% |
| Other amounts receivable | 41 | €21 | €21 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,936 | €10,121 | +€5,185 | +105.0% |
| Deferred charges and accrued income | 490/1 | €2,030 | €1,789 | -€240 | -11.8% |
| Total equity and liabilities | 10/49 | €12,310 | €15,630 | +€3,320 | +27.0% |
| Equity | 10/15 | -€65,489 | -€41,491 | +€23,997 | +36.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,089 | -€60,091 | +€23,997 | +28.5% |
| Amounts payable | 17/49 | €77,799 | €57,121 | -€20,677 | -26.6% |
| Amounts payable after more than one year | 17 | €53,080 | €30,636 | -€22,444 | -42.3% |
| Other amounts payable | 178/9 | €53,080 | €30,636 | -€22,444 | -42.3% |
| Amounts payable within one year | 42/48 | €24,719 | €26,485 | +€1,767 | +7.1% |
| Trade debts | 44 | €24,039 | €22,789 | -€1,250 | -5.2% |
| Suppliers | 440/4 | €24,039 | €22,789 | -€1,250 | -5.2% |
| Taxes, remuneration and social security | 45 | €680 | €3,696 | +€3,016 | +443.7% |
| Taxes | 450/3 | €680 | €3,696 | +€3,016 | +443.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,399 | €702 | -€697 | -49.8% |
| Other operating charges | 640/8 | €570 | €529 | -€41 | -7.3% |
| Gross operating margin | 9900 | €30,007 | €25,489 | -€4,518 | -15.1% |
| Operating profit (loss) | 9901 | €28,038 | €24,258 | -€3,780 | -13.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €285 | €261 | -€24 | -8.5% |
| Recurring financial charges | 65 | €285 | €261 | -€24 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €27,753 | €23,997 | -€3,755 | -13.5% |
| Profit (loss) for the period | 9904 | €27,753 | €23,997 | -€3,755 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,753 | €23,997 | -€3,755 | -13.5% |
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 3 October 2026 via checked.be.