CVF 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.
CVF CONSULT
Largest movements
- Cash +€28,462
up €28,462 (+40.7%), from €69,972 to €98,433
mainly Depreciation (+€25,708) and Receivables within one year (+€20,256)
- Tangible fixed assets -€25,708
down €25,708 (-24.1%), from €106,507 to €80,798
of which Furniture and vehicles: -€21,082
- Receivables within one year -€20,256
down €20,256 (-77.4%), from €26,172 to €5,916
of which Trade receivables: -€21,022
- Other debts -€14,376
down €14,376 (-14.5%), from €98,907 to €84,531
- Reserves -€4,500
down €4,500 (-6.7%), from €67,000 to €62,500
- Tax, wage and social debts -€3,109
down €3,109 (-17.6%), from €17,629 to €14,519
of which Remuneration and social security: -€2,843
- Accrued charges and deferred income +€2,117
up €2,117 (+54.3%), from €3,898 to €6,015
- Other operating charges -€14,870
down €14,870 (-95.9%), from €15,499 to €629
- Depreciation +€8,807
up €8,807 (+52.1%), from €16,901 to €25,708
- Gross operating margin -€4,250
down €4,250 (-2.5%), from €169,201 to €164,952
- Staff costs +€2,764
up €2,764 (+4.0%), from €68,526 to €71,291
- Financial charges -€2,230
down €2,230 (-3.7%), from €60,849 to €58,619
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 | €204,036 | €185,148 | -€18,888 | -9.3% |
| Fixed assets | 21/28 | €106,507 | €80,798 | -€25,708 | -24.1% |
| Tangible fixed assets | 22/27 | €106,507 | €80,798 | -€25,708 | -24.1% |
| Furniture and vehicles | 24 | €92,381 | €71,299 | -€21,082 | -22.8% |
| Other tangible fixed assets | 26 | €14,126 | €9,499 | -€4,627 | -32.8% |
| Current assets | 29/58 | €97,529 | €104,350 | +€6,820 | +7.0% |
| Amounts receivable within one year | 40/41 | €26,172 | €5,916 | -€20,256 | -77.4% |
| Trade receivables | 40 | €23,386 | €2,364 | -€21,022 | -89.9% |
| Other amounts receivable | 41 | €2,786 | €3,552 | +€766 | +27.5% |
| Cash at bank and in hand | 54/58 | €69,972 | €98,433 | +€28,462 | +40.7% |
| Deferred charges and accrued income | 490/1 | €1,386 | - | -€1,386 | |
| Total equity and liabilities | 10/49 | €204,036 | €185,148 | -€18,888 | -9.3% |
| Equity | 10/15 | €80,067 | €76,520 | -€3,546 | -4.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €67,000 | €62,500 | -€4,500 | -6.7% |
| Distributable reserves | 133 | €67,000 | €62,500 | -€4,500 | -6.7% |
| Profit (loss) carried forward | 14 | €3,067 | €4,020 | +€954 | +31.1% |
| Amounts payable | 17/49 | €123,969 | €108,627 | -€15,342 | -12.4% |
| Amounts payable within one year | 42/48 | €120,072 | €102,612 | -€17,459 | -14.5% |
| Trade debts | 44 | €3,537 | €3,563 | +€26 | +0.7% |
| Suppliers | 440/4 | €3,537 | €3,563 | +€26 | +0.7% |
| Taxes, remuneration and social security | 45 | €17,629 | €14,519 | -€3,109 | -17.6% |
| Taxes | 450/3 | €4,243 | €3,977 | -€266 | -6.3% |
| Remuneration and social security | 454/9 | €13,385 | €10,542 | -€2,843 | -21.2% |
| Other amounts payable | 47/48 | €98,907 | €84,531 | -€14,376 | -14.5% |
| Accrued charges and deferred income | 492/3 | €3,898 | €6,015 | +€2,117 | +54.3% |
| Remuneration, social security and pensions | 62 | €68,526 | €71,291 | +€2,764 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,901 | €25,708 | +€8,807 | +52.1% |
| Other operating charges | 640/8 | €15,499 | €629 | -€14,870 | -95.9% |
| Non-recurring operating charges | 66A | €199 | €316 | +€117 | +58.9% |
| Gross operating margin | 9900 | €169,201 | €164,952 | -€4,250 | -2.5% |
| Operating profit (loss) | 9901 | €68,076 | €67,007 | -€1,069 | -1.6% |
| Financial income | 75/76B | €362 | €396 | +€34 | +9.4% |
| Recurring financial income | 75 | €362 | €396 | +€34 | +9.4% |
| Financial charges | 65/66B | €60,849 | €58,619 | -€2,230 | -3.7% |
| Recurring financial charges | 65 | €60,849 | €58,619 | -€2,230 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €7,589 | €8,784 | +€1,195 | +15.8% |
| Income taxes | 67/77 | €5,773 | €4,830 | -€942 | -16.3% |
| Profit (loss) for the period | 9904 | €1,816 | €3,954 | +€2,138 | +117.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,816 | €3,954 | +€2,138 | +117.7% |
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 6 October 2026 via checked.be.