CVMC: 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.
CVMC
Largest movements
- Tangible fixed assets -€81,305
down €81,305 (-15.0%), from €543,794 to €462,488
of which Plant, machinery and equipment: -€57,859
- Cash -€71,534
down €71,534 (-49.2%), from €145,405 to €73,871
mainly Debts after one year (-€462,816) and Trade debts (-€72,227)
- Debts after one year -€462,816
down €462,816 (-60.7%), from €762,083 to €299,267
- Other debts +€355,638
up €355,638 (+12274.0%), from €2,897 to €358,535
- Trade debts -€72,227
down €72,227 (-11.3%), from €641,295 to €569,068
- Current portion of long-term debt +€41,251
up €41,251 (+138.2%), from €29,859 to €71,110
- Profit (loss) carried forward +€22,250
up €22,250 (+4.6%), from -€482,288 to -€460,038
- Gross operating margin -€66,823
down €66,823 (-10.7%), from €623,782 to €556,959
- Staff costs +€22,298
up €22,298 (+6.0%), from €372,694 to €394,992
- Depreciation +€11,005
up €11,005 (+11.0%), from €99,914 to €110,919
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 | €1,042,364 | €908,301 | -€134,062 | -12.9% |
| Fixed assets | 21/28 | €544,994 | €465,188 | -€79,805 | -14.6% |
| Tangible fixed assets | 22/27 | €543,794 | €462,488 | -€81,305 | -15.0% |
| Land and buildings | 22 | €123,030 | €97,093 | -€25,937 | -21.1% |
| Plant, machinery and equipment | 23 | €420,764 | €362,905 | -€57,859 | -13.8% |
| Furniture and vehicles | 24 | - | €2,490 | +€2,490 | |
| Financial fixed assets | 28 | €1,200 | €2,700 | +€1,500 | +125.0% |
| Current assets | 29/58 | €497,370 | €443,113 | -€54,257 | -10.9% |
| Stocks and contracts in progress | 3 | €297,407 | €303,515 | +€6,107 | +2.1% |
| Stocks | 30/36 | €297,407 | €303,515 | +€6,107 | +2.1% |
| Amounts receivable within one year | 40/41 | €50,499 | €59,406 | +€8,907 | +17.6% |
| Trade receivables | 40 | €35,450 | €24,803 | -€10,647 | -30.0% |
| Other amounts receivable | 41 | €15,049 | €34,603 | +€19,554 | +129.9% |
| Cash at bank and in hand | 54/58 | €145,405 | €73,871 | -€71,534 | -49.2% |
| Deferred charges and accrued income | 490/1 | €4,059 | €6,322 | +€2,263 | +55.8% |
| Total equity and liabilities | 10/49 | €1,042,364 | €908,301 | -€134,062 | -12.9% |
| Equity | 10/15 | -€463,688 | -€441,438 | +€22,250 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€482,288 | -€460,038 | +€22,250 | +4.6% |
| Amounts payable | 17/49 | €1,506,052 | €1,349,740 | -€156,312 | -10.4% |
| Amounts payable after more than one year | 17 | €762,083 | €299,267 | -€462,816 | -60.7% |
| Financial debts | 170/4 | €762,083 | €299,267 | -€462,816 | -60.7% |
| Amounts payable within one year | 42/48 | €743,969 | €1,050,473 | +€306,504 | +41.2% |
| Current portion of amounts payable after more than one year | 42 | €29,859 | €71,110 | +€41,251 | +138.2% |
| Trade debts | 44 | €641,295 | €569,068 | -€72,227 | -11.3% |
| Suppliers | 440/4 | €641,295 | €569,068 | -€72,227 | -11.3% |
| Taxes, remuneration and social security | 45 | €69,917 | €51,760 | -€18,158 | -26.0% |
| Taxes | 450/3 | €2,379 | €13,373 | +€10,993 | +462.0% |
| Remuneration and social security | 454/9 | €67,538 | €38,387 | -€29,151 | -43.2% |
| Other amounts payable | 47/48 | €2,897 | €358,535 | +€355,638 | +12274.0% |
| Remuneration, social security and pensions | 62 | €372,694 | €394,992 | +€22,298 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,914 | €110,919 | +€11,005 | +11.0% |
| Other operating charges | 640/8 | €7,979 | €8,364 | +€386 | +4.8% |
| Gross operating margin | 9900 | €623,782 | €556,959 | -€66,823 | -10.7% |
| Operating profit (loss) | 9901 | €143,196 | €42,685 | -€100,512 | -70.2% |
| Financial income | 75/76B | €4 | €101 | +€97 | +2530.2% |
| Recurring financial income | 75 | €4 | €101 | +€97 | +2530.2% |
| Financial charges | 65/66B | €20,155 | €20,536 | +€381 | +1.9% |
| Recurring financial charges | 65 | €20,155 | €20,536 | +€381 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €123,045 | €22,250 | -€100,795 | -81.9% |
| Profit (loss) for the period | 9904 | €123,045 | €22,250 | -€100,795 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €123,045 | €22,250 | -€100,795 | -81.9% |
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.