CVI CONSTRUCT: what changed
Two financial 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.
CVI CONSTRUCT
Largest movements
- Tangible fixed assets +€25,803
up €25,803 (+63.7%), from €40,531 to €66,334
- Receivables within one year -€23,400
down €23,400 (-65.7%), from €35,594 to €12,194
of which Trade receivables: -€14,797
- Cash +€19,547
up €19,547 (+32.4%), from €60,264 to €79,811
mainly Receivables within one year (+€23,400) and Net result for the year (+€18,411)
- Profit (loss) carried forward +€18,411
up €18,411 (+18.6%), from €99,101 to €117,512
- Other debts +€6,922
up €6,922, from €0 to €6,922
- Tax, wage and social debts -€5,515
down €5,515 (-40.5%), from €13,614 to €8,099
of which Remuneration and social security: -€5,462
- Staff costs -€7,082
no longer reported in 2025 (was €7,082)
- Depreciation +€4,762
up €4,762 (+213%), from €2,238 to €7,000
- Other operating charges -€2,975
down €2,975 (-69.0%), from €4,309 to €1,334
- Gross operating margin -€2,445
down €2,445 (-7.0%), from €34,763 to €32,319
- Financial charges -€1,156
down €1,156 (-89.3%), from €1,294 to €138
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.
Derived cash bridge
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 | €211,752 | €233,702 | +€21,950 | +10.4% |
| Fixed assets | 21/28 | €40,894 | €66,698 | +€25,803 | +63.1% |
| Tangible fixed assets | 22/27 | €40,531 | €66,334 | +€25,803 | +63.7% |
| Furniture and vehicles | 24 | €40,531 | €66,334 | +€25,803 | +63.7% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €170,858 | €167,005 | -€3,853 | -2.3% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,594 | €12,194 | -€23,400 | -65.7% |
| Trade receivables | 40 | €21,992 | €7,194 | -€14,797 | -67.3% |
| Other amounts receivable | 41 | €13,602 | €5,000 | -€8,602 | -63.2% |
| Cash at bank and in hand | 54/58 | €60,264 | €79,811 | +€19,547 | +32.4% |
| Total equity and liabilities | 10/49 | €211,752 | €233,702 | +€21,950 | +10.4% |
| Equity | 10/15 | €191,601 | €210,012 | +€18,411 | +9.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €80,000 | €80,000 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,101 | €117,512 | +€18,411 | +18.6% |
| Amounts payable | 17/49 | €20,151 | €23,691 | +€3,540 | +17.6% |
| Amounts payable within one year | 42/48 | €20,151 | €23,691 | +€3,540 | +17.6% |
| Trade debts | 44 | €6,537 | €8,670 | +€2,133 | +32.6% |
| Suppliers | 440/4 | €6,537 | €8,670 | +€2,133 | +32.6% |
| Taxes, remuneration and social security | 45 | €13,614 | €8,099 | -€5,515 | -40.5% |
| Taxes | 450/3 | €8,153 | €8,099 | -€53 | -0.7% |
| Remuneration and social security | 454/9 | €5,462 | - | -€5,462 | |
| Other amounts payable | 47/48 | €0 | €6,922 | +€6,922 | |
| Remuneration, social security and pensions | 62 | €7,082 | - | -€7,082 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,238 | €7,000 | +€4,762 | +213% |
| Other operating charges | 640/8 | €4,309 | €1,334 | -€2,975 | -69.0% |
| Gross operating margin | 9900 | €34,763 | €32,319 | -€2,445 | -7.0% |
| Operating profit (loss) | 9901 | €21,135 | €23,984 | +€2,849 | +13.5% |
| Financial income | 75/76B | €208 | €15 | -€193 | -92.8% |
| Recurring financial income | 75 | €208 | €15 | -€193 | -92.8% |
| Financial charges | 65/66B | €1,294 | €138 | -€1,156 | -89.3% |
| Recurring financial charges | 65 | €1,294 | €138 | -€1,156 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | €20,049 | €23,861 | +€3,812 | +19.0% |
| Income taxes | 67/77 | €6,000 | €5,451 | -€549 | -9.2% |
| Profit (loss) for the period | 9904 | €14,049 | €18,411 | +€4,361 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,049 | €18,411 | +€4,361 | +31.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.