CVK: 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.
CVK
Largest movements
- Cash +€9,133
up €9,133 (+53.2%), from €17,171 to €26,304
mainly Net result for the year (+€8,556) and Depreciation (+€2,348)
- Tangible fixed assets -€2,348
down €2,348 (-33.8%), from €6,943 to €4,594
- Deferred charges and accrued income +€1,371
up €1,371 (+380.2%), from €361 to €1,732
- Receivables within one year +€660
up €660 (+90.2%), from €732 to €1,392
of which Trade receivables: +€660
- Profit (loss) carried forward +€8,556
up €8,556, from -€413 to €8,143
- Gross operating margin +€33,153
up €33,153, from -€21,322 to €11,832
- Depreciation +€2,246
up €2,246 (+2187.6%), from €103 to €2,348
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 | €25,206 | €34,023 | +€8,816 | +35.0% |
| Fixed assets | 21/28 | €6,943 | €4,594 | -€2,348 | -33.8% |
| Tangible fixed assets | 22/27 | €6,943 | €4,594 | -€2,348 | -33.8% |
| Furniture and vehicles | 24 | €6,943 | €4,594 | -€2,348 | -33.8% |
| Current assets | 29/58 | €18,264 | €29,428 | +€11,165 | +61.1% |
| Amounts receivable within one year | 40/41 | €732 | €1,392 | +€660 | +90.2% |
| Trade receivables | 40 | - | €660 | +€660 | |
| Other amounts receivable | 41 | €732 | €732 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,171 | €26,304 | +€9,133 | +53.2% |
| Deferred charges and accrued income | 490/1 | €361 | €1,732 | +€1,371 | +380.2% |
| Total equity and liabilities | 10/49 | €25,206 | €34,023 | +€8,816 | +35.0% |
| Equity | 10/15 | €20,047 | €28,603 | +€8,556 | +42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€413 | €8,143 | +€8,556 | |
| Amounts payable | 17/49 | €5,160 | €5,420 | +€260 | +5.0% |
| Amounts payable within one year | 42/48 | €5,160 | €5,420 | +€260 | +5.0% |
| Trade debts | 44 | €653 | €627 | -€26 | -4.0% |
| Suppliers | 440/4 | €653 | €627 | -€26 | -4.0% |
| Other amounts payable | 47/48 | €4,506 | €4,793 | +€286 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103 | €2,348 | +€2,246 | +2187.6% |
| Other operating charges | 640/8 | €965 | €812 | -€153 | -15.8% |
| Gross operating margin | 9900 | -€21,322 | €11,832 | +€33,153 | |
| Operating profit (loss) | 9901 | -€22,390 | €8,671 | +€31,061 | |
| Financial income | 75/76B | €1 | €15 | +€14 | +2365.6% |
| Recurring financial income | 75 | €1 | €15 | +€14 | +2365.6% |
| Financial charges | 65/66B | €326 | €130 | -€196 | -60.2% |
| Recurring financial charges | 65 | €326 | €130 | -€196 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,715 | €8,556 | +€31,271 | |
| Profit (loss) for the period | 9904 | -€22,715 | €8,556 | +€31,271 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,715 | €8,556 | +€31,271 |
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.