CVNIndustries: 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.
CVNIndustries
Largest movements
- Receivables within one year +€139,146
up €139,146 (+238%), from €58,466 to €197,611
of which Trade receivables: +€138,559
- Tangible fixed assets -€25,025
down €25,025 (-51.0%), from €49,096 to €24,070
of which Plant, machinery and equipment: -€21,870
- Stocks and contracts +€12,000
new in 2024: €12,000
- Other debts +€100,470
new in 2024: €100,470
- Trade debts +€51,858
up €51,858 (+255%), from €20,312 to €72,169
- Current portion of long-term debt -€21,293
down €21,293 (-82.6%), from €25,778 to €4,485
- Debts after one year -€4,485
down €4,485 (-63.2%), from €7,102 to €2,616
- Gross operating margin -€14,099
down €14,099 (-26.7%), from €52,866 to €38,767
- Other operating charges -€4,191
down €4,191 (-70.4%), from €5,949 to €1,758
- Financial charges -€2,522
down €2,522 (-42.7%), from €5,905 to €3,382
- Taxes +€2,435
new in 2024: €2,435
- Depreciation +€1,727
up €1,727 (+6.0%), from €28,799 to €30,525
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,253 | €258,546 | +€128,292 | +98.5% |
| Fixed assets | 21/28 | €49,096 | €24,070 | -€25,025 | -51.0% |
| Tangible fixed assets | 22/27 | €49,096 | €24,070 | -€25,025 | -51.0% |
| Plant, machinery and equipment | 23 | €33,586 | €11,715 | -€21,870 | -65.1% |
| Furniture and vehicles | 24 | €11,147 | €9,083 | -€2,064 | -18.5% |
| Other tangible fixed assets | 26 | €4,363 | €3,272 | -€1,091 | -25.0% |
| Current assets | 29/58 | €81,158 | €234,476 | +€153,318 | +189% |
| Stocks and contracts in progress | 3 | - | €12,000 | +€12,000 | |
| Contracts in progress | 37 | - | €12,000 | +€12,000 | |
| Amounts receivable within one year | 40/41 | €58,466 | €197,611 | +€139,146 | +238% |
| Trade receivables | 40 | €51,855 | €190,414 | +€138,559 | +267% |
| Other amounts receivable | 41 | €6,610 | €7,197 | +€587 | +8.9% |
| Cash at bank and in hand | 54/58 | €21,390 | €23,881 | +€2,492 | +11.6% |
| Deferred charges and accrued income | 490/1 | €1,303 | €983 | -€320 | -24.5% |
| Total equity and liabilities | 10/49 | €130,253 | €258,546 | +€128,292 | +98.5% |
| Equity | 10/15 | €74,913 | €76,370 | +€1,457 | +1.9% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €25,353 | €25,353 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €19,103 | €19,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,940 | -€11,483 | +€1,457 | +11.3% |
| Amounts payable | 17/49 | €55,340 | €182,176 | +€126,835 | +229% |
| Amounts payable after more than one year | 17 | €7,102 | €2,616 | -€4,485 | -63.2% |
| Financial debts | 170/4 | €7,102 | €2,616 | -€4,485 | -63.2% |
| Amounts payable within one year | 42/48 | €46,090 | €179,560 | +€133,470 | +290% |
| Current portion of amounts payable after more than one year | 42 | €25,778 | €4,485 | -€21,293 | -82.6% |
| Trade debts | 44 | €20,312 | €72,169 | +€51,858 | +255% |
| Suppliers | 440/4 | €20,312 | €72,169 | +€51,858 | +255% |
| Taxes, remuneration and social security | 45 | - | €2,435 | +€2,435 | |
| Taxes | 450/3 | - | €2,435 | +€2,435 | |
| Other amounts payable | 47/48 | - | €100,470 | +€100,470 | |
| Accrued charges and deferred income | 492/3 | €2,149 | €0 | -€2,149 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,799 | €30,525 | +€1,727 | +6.0% |
| Other operating charges | 640/8 | €5,949 | €1,758 | -€4,191 | -70.4% |
| Gross operating margin | 9900 | €52,866 | €38,767 | -€14,099 | -26.7% |
| Operating profit (loss) | 9901 | €18,119 | €6,483 | -€11,635 | -64.2% |
| Financial income | 75/76B | €36 | €791 | +€755 | +2,097% |
| Recurring financial income | 75 | €36 | €791 | +€755 | +2,097% |
| Financial charges | 65/66B | €5,905 | €3,382 | -€2,522 | -42.7% |
| Recurring financial charges | 65 | €5,905 | €3,382 | -€2,522 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €12,250 | €3,892 | -€8,358 | -68.2% |
| Income taxes | 67/77 | - | €2,435 | +€2,435 | |
| Profit (loss) for the period | 9904 | €12,250 | €1,457 | -€10,793 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,250 | €1,457 | -€10,793 | -88.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.