CVDS Consultancy: 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.
CVDS Consultancy
Largest movements
- Cash +€6,244
up €6,244 (+66.4%), from €9,402 to €15,646
mainly Debts after one year (+€3,897) and Depreciation (+€2,754)
- Receivables within one year +€2,149
up €2,149 (+801.3%), from €268 to €2,417
of which Trade receivables: +€1,968
- Formation expenses -€2,112
down €2,112 (-100.0%), from €2,112 to €0
- Tangible fixed assets -€642
down €642 (-35.4%), from €1,812 to €1,170
- Debts after one year +€3,897
up €3,897 (+25.8%), from €15,100 to €18,997
- Trade debts +€1,327
new in 2025: €1,327
- Profit (loss) carried forward +€346
up €346 (+6.3%), from -€5,521 to -€5,175
- Gross operating margin +€8,263
up €8,263, from -€4,961 to €3,302
- Depreciation +€2,217
up €2,217 (+413.3%), from €537 to €2,754
- Taxes +€141
up €141 (+974.3%), from €15 to €156
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 | €13,594 | €19,343 | +€5,749 | +42.3% |
| Formation expenses | 20 | €2,112 | €0 | -€2,112 | -100.0% |
| Fixed assets | 21/28 | €1,812 | €1,170 | -€642 | -35.4% |
| Tangible fixed assets | 22/27 | €1,812 | €1,170 | -€642 | -35.4% |
| Furniture and vehicles | 24 | €1,812 | €1,170 | -€642 | -35.4% |
| Current assets | 29/58 | €9,670 | €18,174 | +€8,503 | +87.9% |
| Amounts receivable within one year | 40/41 | €268 | €2,417 | +€2,149 | +801.3% |
| Trade receivables | 40 | - | €1,968 | +€1,968 | |
| Other amounts receivable | 41 | €268 | €448 | +€180 | +67.1% |
| Cash at bank and in hand | 54/58 | €9,402 | €15,646 | +€6,244 | +66.4% |
| Deferred charges and accrued income | 490/1 | - | €111 | +€111 | |
| Total equity and liabilities | 10/49 | €13,594 | €19,343 | +€5,749 | +42.3% |
| Equity | 10/15 | -€1,521 | -€1,175 | +€346 | +22.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,521 | -€5,175 | +€346 | +6.3% |
| Amounts payable | 17/49 | €15,115 | €20,518 | +€5,403 | +35.7% |
| Amounts payable after more than one year | 17 | €15,100 | €18,997 | +€3,897 | +25.8% |
| Other amounts payable | 178/9 | €15,100 | €18,997 | +€3,897 | +25.8% |
| Amounts payable within one year | 42/48 | €15 | €1,521 | +€1,506 | +10373.1% |
| Trade debts | 44 | - | €1,327 | +€1,327 | |
| Suppliers | 440/4 | - | €1,327 | +€1,327 | |
| Taxes, remuneration and social security | 45 | €15 | €194 | +€179 | +1233.1% |
| Taxes | 450/3 | €15 | €194 | +€179 | +1233.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €537 | €2,754 | +€2,217 | +413.3% |
| Gross operating margin | 9900 | -€4,961 | €3,302 | +€8,263 | |
| Operating profit (loss) | 9901 | -€5,498 | €548 | +€6,046 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €9 | €55 | +€47 | +533.1% |
| Recurring financial charges | 65 | €9 | €55 | +€47 | +533.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,506 | €502 | +€6,008 | |
| Income taxes | 67/77 | €15 | €156 | +€141 | +974.3% |
| Profit (loss) for the period | 9904 | -€5,521 | €346 | +€5,867 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,521 | €346 | +€5,867 |
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 2 October 2026 via checked.be.