CVE ENGINEERING: 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 ENGINEERING
Largest movements
- Receivables within one year +€12,053
up €12,053 (+115.2%), from €10,458 to €22,511
of which Trade receivables: +€12,709
- Cash +€2,613
up €2,613 (+19.5%), from €13,407 to €16,021
mainly Net result for the year (+€22,020) and Deferred charges and accrued income (+€1,072)
- Deferred charges and accrued income -€1,072
down €1,072 (-25.0%), from €4,291 to €3,218
- Profit (loss) carried forward +€22,020
up €22,020 (+887.4%), from €2,481 to €24,502
- Other debts -€4,208
down €4,208 (-43.2%), from €9,740 to €5,532
- Tax, wage and social debts -€3,860
down €3,860 (-26.0%), from €14,845 to €10,985
of which Remuneration and social security: -€5,191
- Gross operating margin +€25,754
up €25,754 (+471.9%), from €5,457 to €31,212
- Taxes +€5,086
up €5,086 (+412.0%), from €1,234 to €6,320
- Financial charges +€1,156
up €1,156 (+123.8%), from €933 to €2,089
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,048 | €42,710 | +€13,661 | +47.0% |
| Fixed assets | 21/28 | €892 | €960 | +€68 | +7.6% |
| Tangible fixed assets | 22/27 | €892 | €960 | +€68 | +7.6% |
| Furniture and vehicles | 24 | €892 | €960 | +€68 | +7.6% |
| Current assets | 29/58 | €28,156 | €41,750 | +€13,594 | +48.3% |
| Amounts receivable within one year | 40/41 | €10,458 | €22,511 | +€12,053 | +115.2% |
| Trade receivables | 40 | €9,293 | €22,001 | +€12,709 | +136.8% |
| Other amounts receivable | 41 | €1,166 | €510 | -€656 | -56.3% |
| Cash at bank and in hand | 54/58 | €13,407 | €16,021 | +€2,613 | +19.5% |
| Deferred charges and accrued income | 490/1 | €4,291 | €3,218 | -€1,072 | -25.0% |
| Total equity and liabilities | 10/49 | €29,048 | €42,710 | +€13,661 | +47.0% |
| Equity | 10/15 | €3,981 | €26,002 | +€22,020 | +553.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,481 | €24,502 | +€22,020 | +887.4% |
| Amounts payable | 17/49 | €25,067 | €16,708 | -€8,359 | -33.3% |
| Amounts payable within one year | 42/48 | €25,067 | €16,708 | -€8,359 | -33.3% |
| Trade debts | 44 | €482 | €191 | -€291 | -60.3% |
| Suppliers | 440/4 | €482 | €191 | -€291 | -60.3% |
| Taxes, remuneration and social security | 45 | €14,845 | €10,985 | -€3,860 | -26.0% |
| Taxes | 450/3 | €7,110 | €8,441 | +€1,331 | +18.7% |
| Remuneration and social security | 454/9 | €7,734 | €2,543 | -€5,191 | -67.1% |
| Other amounts payable | 47/48 | €9,740 | €5,532 | -€4,208 | -43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181 | €395 | +€214 | +117.9% |
| Other operating charges | 640/8 | €627 | €387 | -€240 | -38.3% |
| Gross operating margin | 9900 | €5,457 | €31,212 | +€25,754 | +471.9% |
| Operating profit (loss) | 9901 | €4,649 | €30,430 | +€25,781 | +554.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €933 | €2,089 | +€1,156 | +123.8% |
| Recurring financial charges | 65 | €933 | €2,089 | +€1,156 | +123.8% |
| Profit (loss) for the period before taxes | 9903 | €3,716 | €28,340 | +€24,625 | +662.7% |
| Income taxes | 67/77 | €1,234 | €6,320 | +€5,086 | +412.0% |
| Profit (loss) for the period | 9904 | €2,481 | €22,020 | +€19,539 | +787.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,481 | €22,020 | +€19,539 | +787.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.