CVE 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.
CVE CONSULT
Largest movements
- Receivables within one year +€18,150
up €18,150 (+145.1%), from €12,510 to €30,660
of which Trade receivables: +€18,150
- Tangible fixed assets +€15,685
up €15,685 (+4375.3%), from €359 to €16,044
- Cash +€12,721
up €12,721 (+38.7%), from €32,845 to €45,566
mainly Other debts (+€35,506) and Net result for the year (+€31,405)
- Other debts +€35,506
up €35,506 (+239.2%), from €14,843 to €50,349
- Trade debts +€5,795
up €5,795 (+91.6%), from €6,325 to €12,120
- Tax, wage and social debts +€4,767
up €4,767 (+74.1%), from €6,434 to €11,201
- Gross operating margin +€24,189
up €24,189 (+108.5%), from €22,298 to €46,487
- Taxes +€7,299
up €7,299 (+118.3%), from €6,170 to €13,469
- Depreciation +€790
up €790 (+258.5%), from €306 to €1,096
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 | €46,202 | €92,270 | +€46,068 | +99.7% |
| Fixed assets | 21/28 | €359 | €16,044 | +€15,685 | +4375.3% |
| Tangible fixed assets | 22/27 | €359 | €16,044 | +€15,685 | +4375.3% |
| Furniture and vehicles | 24 | €359 | €16,044 | +€15,685 | +4375.3% |
| Current assets | 29/58 | €45,843 | €76,226 | +€30,383 | +66.3% |
| Amounts receivable within one year | 40/41 | €12,510 | €30,660 | +€18,150 | +145.1% |
| Trade receivables | 40 | €9,680 | €27,830 | +€18,150 | +187.5% |
| Other amounts receivable | 41 | €2,830 | €2,830 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,845 | €45,566 | +€12,721 | +38.7% |
| Deferred charges and accrued income | 490/1 | €488 | - | -€488 | |
| Total equity and liabilities | 10/49 | €46,202 | €92,270 | +€46,068 | +99.7% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €27,602 | €73,670 | +€46,068 | +166.9% |
| Amounts payable within one year | 42/48 | €27,602 | €73,670 | +€46,068 | +166.9% |
| Trade debts | 44 | €6,325 | €12,120 | +€5,795 | +91.6% |
| Suppliers | 440/4 | €6,325 | €12,120 | +€5,795 | +91.6% |
| Taxes, remuneration and social security | 45 | €6,434 | €11,201 | +€4,767 | +74.1% |
| Taxes | 450/3 | €6,434 | €11,201 | +€4,767 | +74.1% |
| Other amounts payable | 47/48 | €14,843 | €50,349 | +€35,506 | +239.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306 | €1,096 | +€790 | +258.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €22,298 | €46,487 | +€24,189 | +108.5% |
| Operating profit (loss) | 9901 | €21,605 | €44,992 | +€23,387 | +108.2% |
| Financial income | 75/76B | €6 | €1 | -€5 | -80.0% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -80.0% |
| Financial charges | 65/66B | €182 | €118 | -€64 | -35.2% |
| Recurring financial charges | 65 | €182 | €118 | -€64 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €21,429 | €44,875 | +€23,446 | +109.4% |
| Income taxes | 67/77 | €6,170 | €13,469 | +€7,299 | +118.3% |
| Profit (loss) for the period | 9904 | €15,258 | €31,405 | +€16,147 | +105.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,258 | €31,405 | +€16,147 | +105.8% |
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 8 October 2026 via checked.be.