CVMO AUDIT: 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.
CVMO AUDIT
Largest movements
- Receivables within one year +€11,082
up €11,082 (+30.9%), from €35,898 to €46,980
of which Trade receivables: +€11,924
- Tangible fixed assets +€10,997
up €10,997 (+60.4%), from €18,197 to €29,194
of which Furniture and vehicles: +€16,946
- Cash -€9,067
down €9,067 (-31.0%), from €29,279 to €20,212
mainly Contributions, distributions and other (-€130,000) and Investment in fixed assets (net) (-€21,106)
- Reserves -€40,000
down €40,000 (-100.0%), from €40,000 to €0
- Other debts +€32,232
up €32,232 (+16.8%), from €191,310 to €223,542
- Financial income -€8,021
down €8,021 (-100.0%), from €8,021 to €0
- Depreciation -€6,820
down €6,820 (-40.3%), from €16,929 to €10,109
- Taxes +€1,520
up €1,520 (+7.3%), from €20,900 to €22,420
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 | €649,295 | €657,477 | +€8,182 | +1.3% |
| Fixed assets | 21/28 | €579,287 | €590,284 | +€10,997 | +1.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €18,197 | €29,194 | +€10,997 | +60.4% |
| Plant, machinery and equipment | 23 | €1,103 | €738 | -€365 | -33.1% |
| Furniture and vehicles | 24 | €3,276 | €20,221 | +€16,946 | +517.3% |
| Other tangible fixed assets | 26 | €13,819 | €8,235 | -€5,584 | -40.4% |
| Financial fixed assets | 28 | €561,090 | €561,090 | = | 0.0% |
| Current assets | 29/58 | €70,007 | €67,192 | -€2,815 | -4.0% |
| Amounts receivable within one year | 40/41 | €35,898 | €46,980 | +€11,082 | +30.9% |
| Trade receivables | 40 | €30,956 | €42,880 | +€11,924 | +38.5% |
| Other amounts receivable | 41 | €4,942 | €4,100 | -€842 | -17.0% |
| Cash at bank and in hand | 54/58 | €29,279 | €20,212 | -€9,067 | -31.0% |
| Deferred charges and accrued income | 490/1 | €4,830 | €0 | -€4,830 | -100.0% |
| Total equity and liabilities | 10/49 | €649,295 | €657,477 | +€8,182 | +1.3% |
| Equity | 10/15 | €446,416 | €412,480 | -€33,936 | -7.6% |
| Contributions | 10/11 | €1,100 | €1,100 | = | 0.0% |
| Reserves | 13 | €40,000 | €0 | -€40,000 | -100.0% |
| Distributable reserves | 133 | €40,000 | €0 | -€40,000 | -100.0% |
| Profit (loss) carried forward | 14 | €405,316 | €411,380 | +€6,064 | +1.5% |
| Amounts payable | 17/49 | €202,879 | €244,997 | +€42,118 | +20.8% |
| Amounts payable within one year | 42/48 | €202,879 | €244,997 | +€42,118 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,161 | €12,554 | +€6,393 | +103.8% |
| Suppliers | 440/4 | €6,161 | €12,554 | +€6,393 | +103.8% |
| Taxes, remuneration and social security | 45 | €5,408 | €8,901 | +€3,493 | +64.6% |
| Taxes | 450/3 | €5,408 | €8,901 | +€3,493 | +64.6% |
| Other amounts payable | 47/48 | €191,310 | €223,542 | +€32,232 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,929 | €10,109 | -€6,820 | -40.3% |
| Other operating charges | 640/8 | €1,521 | €1,386 | -€136 | -8.9% |
| Gross operating margin | 9900 | €131,237 | €132,248 | +€1,011 | +0.8% |
| Operating profit (loss) | 9901 | €112,787 | €120,753 | +€7,967 | +7.1% |
| Financial income | 75/76B | €8,021 | €0 | -€8,021 | -100.0% |
| Recurring financial income | 75 | €8,021 | €0 | -€8,021 | -100.0% |
| Financial charges | 65/66B | €3,239 | €2,269 | -€971 | -30.0% |
| Recurring financial charges | 65 | €3,239 | €2,269 | -€971 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €117,568 | €118,484 | +€916 | +0.8% |
| Income taxes | 67/77 | €20,900 | €22,420 | +€1,520 | +7.3% |
| Profit (loss) for the period | 9904 | €96,668 | €96,064 | -€604 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €96,668 | €96,064 | -€604 | -0.6% |
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 12 October 2026 via checked.be.