CVPL CONSULT: 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.
CVPL CONSULT
Largest movements
- Current investments +€299,900
up €299,900 (+66.6%), from €450,000 to €749,900
- Tangible fixed assets -€157,068
down €157,068 (-99.8%), from €157,404 to €337
of which Land and buildings: -€152,843
- Cash -€82,105
down €82,105 (-78.8%), from €104,202 to €22,096
mainly Current investments (-€299,900) and Contributions, distributions and other (-€151,000)
- Receivables within one year -€46,573
down €46,573 (-96.1%), from €48,447 to €1,875
of which Trade receivables: -€48,120
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€42,100
up €42,100 (+24.2%), from €173,763 to €215,863
- Taxes +€21,470
up €21,470 (+47.3%), from €45,397 to €66,867
- Depreciation -€20,138
down €20,138 (-98.4%), from €20,474 to €337
- Financial income +€4,719
up €4,719 (+72.2%), from €6,532 to €11,252
- Other operating charges -€2,336
down €2,336 (-69.1%), from €3,379 to €1,043
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 | €764,626 | €775,834 | +€11,208 | +1.5% |
| Fixed assets | 21/28 | €157,404 | €337 | -€157,068 | -99.8% |
| Tangible fixed assets | 22/27 | €157,404 | €337 | -€157,068 | -99.8% |
| Land and buildings | 22 | €152,843 | - | -€152,843 | |
| Plant, machinery and equipment | 23 | €3,888 | - | -€3,888 | |
| Furniture and vehicles | 24 | €673 | €337 | -€337 | -50.0% |
| Current assets | 29/58 | €607,222 | €775,498 | +€168,276 | +27.7% |
| Amounts receivable within one year | 40/41 | €48,447 | €1,875 | -€46,573 | -96.1% |
| Trade receivables | 40 | €48,447 | €327 | -€48,120 | -99.3% |
| Other amounts receivable | 41 | - | €1,548 | +€1,548 | |
| Current investments | 50/53 | €450,000 | €749,900 | +€299,900 | +66.6% |
| Cash at bank and in hand | 54/58 | €104,202 | €22,096 | -€82,105 | -78.8% |
| Deferred charges and accrued income | 490/1 | €4,573 | €1,627 | -€2,946 | -64.4% |
| Total equity and liabilities | 10/49 | €764,626 | €775,834 | +€11,208 | +1.5% |
| Equity | 10/15 | €763,115 | €770,698 | +€7,583 | +1.0% |
| Reserves | 13 | €701,600 | €709,100 | +€7,500 | +1.1% |
| Non-distributable reserves | 130/1 | €683,000 | €690,500 | +€7,500 | +1.1% |
| Other | 1319 | €683,000 | €690,500 | +€7,500 | +1.1% |
| Distributable reserves | 133 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,515 | €61,598 | +€83 | +0.1% |
| Amounts payable | 17/49 | €1,511 | €5,136 | +€3,625 | +239.9% |
| Amounts payable within one year | 42/48 | €1,511 | €5,136 | +€3,625 | +239.9% |
| Trade debts | 44 | €8 | €1,736 | +€1,728 | +20443.9% |
| Suppliers | 440/4 | €8 | €1,736 | +€1,728 | +20443.9% |
| Taxes, remuneration and social security | 45 | €1,502 | €3,400 | +€1,898 | +126.3% |
| Taxes | 450/3 | €1,502 | €3,400 | +€1,898 | +126.3% |
| Non-recurring operating income | 76A | - | €169,091 | +€169,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,474 | €337 | -€20,138 | -98.4% |
| Other operating charges | 640/8 | €3,379 | €1,043 | -€2,336 | -69.1% |
| Gross operating margin | 9900 | €173,763 | €215,863 | +€42,100 | +24.2% |
| Operating profit (loss) | 9901 | €149,910 | €214,484 | +€64,574 | +43.1% |
| Financial income | 75/76B | €6,532 | €11,252 | +€4,719 | +72.2% |
| Recurring financial income | 75 | €6,532 | €11,252 | +€4,719 | +72.2% |
| Financial charges | 65/66B | €168 | €285 | +€117 | +69.6% |
| Recurring financial charges | 65 | €168 | €285 | +€117 | +69.6% |
| Profit (loss) for the period before taxes | 9903 | €156,274 | €225,451 | +€69,176 | +44.3% |
| Income taxes | 67/77 | €45,397 | €66,867 | +€21,470 | +47.3% |
| Profit (loss) for the period | 9904 | €110,877 | €158,583 | +€47,706 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €110,877 | €158,583 | +€47,706 | +43.0% |
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 9 October 2026 via checked.be.