CVME GTO: 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.
CVME GTO
Largest movements
- Tangible fixed assets +€2,655
up €2,655 (+24.8%), from €10,721 to €13,377
of which Furniture and vehicles: +€1,676
- Cash +€1,601
up €1,601 (+84.5%), from €1,895 to €3,496
mainly Depreciation (+€6,723) and Other debts (+€5,571)
- Receivables within one year +€1,223
up €1,223 (+117%), from €1,045 to €2,268
of which Trade receivables: +€1,521
- Deferred charges and accrued income +€745
up €745 (+1,713%), from €43 to €788
- Other debts +€5,571
up €5,571 (+44.5%), from €12,513 to €18,084
- Profit (loss) carried forward +€694
up €694 (+9.0%), from -€7,726 to -€7,032
- Gross operating margin -€1,466
down €1,466 (-13.7%), from €10,700 to €9,234
- Depreciation -€932
down €932 (-12.2%), from €7,656 to €6,723
- Taxes -€702
down €702 (-48.2%), from €1,455 to €753
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 | €13,705 | €19,929 | +€6,224 | +45.4% |
| Fixed assets | 21/28 | €10,721 | €13,377 | +€2,655 | +24.8% |
| Tangible fixed assets | 22/27 | €10,721 | €13,377 | +€2,655 | +24.8% |
| Plant, machinery and equipment | 23 | €8,756 | €9,736 | +€980 | +11.2% |
| Furniture and vehicles | 24 | €1,966 | €3,641 | +€1,676 | +85.2% |
| Current assets | 29/58 | €2,984 | €6,552 | +€3,569 | +120% |
| Amounts receivable within one year | 40/41 | €1,045 | €2,268 | +€1,223 | +117% |
| Trade receivables | 40 | - | €1,521 | +€1,521 | |
| Other amounts receivable | 41 | €1,045 | €747 | -€298 | -28.5% |
| Cash at bank and in hand | 54/58 | €1,895 | €3,496 | +€1,601 | +84.5% |
| Deferred charges and accrued income | 490/1 | €43 | €788 | +€745 | +1,713% |
| Total equity and liabilities | 10/49 | €13,705 | €19,929 | +€6,224 | +45.4% |
| Equity | 10/15 | -€226 | €468 | +€694 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,726 | -€7,032 | +€694 | +9.0% |
| Amounts payable | 17/49 | €13,931 | €19,461 | +€5,530 | +39.7% |
| Amounts payable within one year | 42/48 | €13,931 | €19,461 | +€5,530 | +39.7% |
| Trade debts | 44 | €1,418 | €1,377 | -€41 | -2.9% |
| Suppliers | 440/4 | €1,418 | €1,377 | -€41 | -2.9% |
| Other amounts payable | 47/48 | €12,513 | €18,084 | +€5,571 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,656 | €6,723 | -€932 | -12.2% |
| Other operating charges | 640/8 | €907 | €927 | +€19 | +2.1% |
| Gross operating margin | 9900 | €10,700 | €9,234 | -€1,466 | -13.7% |
| Operating profit (loss) | 9901 | €2,137 | €1,585 | -€553 | -25.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €138 | €138 | = | 0.0% |
| Recurring financial charges | 65 | €138 | €138 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,000 | €1,447 | -€553 | -27.6% |
| Income taxes | 67/77 | €1,455 | €753 | -€702 | -48.2% |
| Profit (loss) for the period | 9904 | €545 | €694 | +€149 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €545 | €694 | +€149 | +27.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.