CVR: what changed
What changed
CVR
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
€307,143
2024 · -€458,758+€765,901
Equity
€1.1m
2024 · €776,068+€307,143
Cash
€182,165
2024 · €227,032-€44,867
Balance sheet total
€5.4m
2024 · €6.2m-€862,754
Largest movements
Assets
- Receivables within one year -€627,692
down €627,692 (-17.1%), from €3.7m to €3.0m
of which Trade receivables: -€650,358
- Intangible fixed assets -€129,240
down €129,240 (-55.4%), from €233,187 to €103,946
Equity and liabilities
- Trade debts -€562,230
down €562,230 (-14.9%), from €3.8m to €3.2m
- Short-term financial debts -€438,607
down €438,607 (-47.3%), from €928,148 to €489,541
- Profit (loss) carried forward +€307,143
up €307,143 (+73.5%), from -€417,723 to -€110,581
- Accrued charges and deferred income -€80,856
down €80,856 (-89.5%), from €90,348 to €9,493
Income statement
- Turnover +€2.3m
up €2.3m (+14.8%), from €15.6m to €17.9m
- Goods and materials +€1.0m
up €1.0m (+9.4%), from €11.0m to €12.0m
of which Purchases: +€1.1m
- Services and other goods +€208,300
up €208,300 (+7.9%), from €2.6m to €2.9m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€458,758
Turnover
+€2.3m
Other operating income
-€23,104
Goods and materials
-€1.0m
Services and other goods
-€208,300
Staff costs
-€58,450
Depreciation
-€22,231
Other operating charges
+€2,352
Other operating items
-€196,719
Financial income
-€1,342
Financial charges
-€799
Taxes
+€347
Result 2025
€307,143
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€525,931
Investment
-€73,622
Financing
-€497,177
Cash 2024
€227,032
From operations (derived)
+€525,931
Net result for the year
+€307,143
Depreciation
+€207,403
Stocks and contracts
+€52,269
Receivables within one year
+€627,692
Deferred charges and accrued income
+€4,144
Trade debts
-€562,230
Tax, wage and social debts
-€2,212
Advances received
-€27,422
Accrued charges and deferred income
-€80,856
Investment (derived)
-€73,622
Investment in fixed assets (net)
-€73,622
Financing
-€497,177
Debts after one year
-€40,354
Current portion of long-term debt
-€18,216
Short-term financial debts
-€438,607
Cash 2025
€182,165
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,228,507 | €5,365,753 | -€862,754 | -13.9% |
| Fixed assets | 21/28 | €559,246 | €425,465 | -€133,781 | -23.9% |
| Intangible fixed assets | 21 | €233,187 | €103,946 | -€129,240 | -55.4% |
| Tangible fixed assets | 22/27 | €326,059 | €321,519 | -€4,541 | -1.4% |
| Land and buildings | 22 | €273,981 | €230,798 | -€43,183 | -15.8% |
| Plant, machinery and equipment | 23 | €18,172 | €8,241 | -€9,931 | -54.6% |
| Furniture and vehicles | 24 | €8,150 | €22,266 | +€14,116 | +173% |
| Assets under construction and advance payments | 27 | €25,755 | €60,213 | +€34,457 | +134% |
| Current assets | 29/58 | €5,669,261 | €4,940,288 | -€728,973 | -12.9% |
| Stocks and contracts in progress | 3 | €1,488,626 | €1,436,357 | -€52,269 | -3.5% |
| Stocks | 30/36 | €1,156,142 | €1,082,496 | -€73,646 | -6.4% |
| Raw materials and consumables | 30/31 | €1,156,142 | €1,082,496 | -€73,646 | -6.4% |
| Contracts in progress | 37 | €332,484 | €353,861 | +€21,377 | +6.4% |
| Amounts receivable within one year | 40/41 | €3,665,959 | €3,038,267 | -€627,692 | -17.1% |
| Trade receivables | 40 | €3,384,681 | €2,734,323 | -€650,358 | -19.2% |
| Other amounts receivable | 41 | €281,279 | €303,944 | +€22,666 | +8.1% |
| Cash at bank and in hand | 54/58 | €227,032 | €182,165 | -€44,867 | -19.8% |
| Deferred charges and accrued income | 490/1 | €287,644 | €283,499 | -€4,144 | -1.4% |
| Total equity and liabilities | 10/49 | €6,228,507 | €5,365,753 | -€862,754 | -13.9% |
| Equity | 10/15 | €776,068 | €1,083,211 | +€307,143 | +39.6% |
| Contributions | 10/11 | €1,125,000 | €1,125,000 | = | 0.0% |
| Capital | 10 | €1,125,000 | €1,125,000 | = | 0.0% |
| Issued capital | 100 | €1,125,000 | €1,125,000 | = | 0.0% |
| Reserves | 13 | €68,792 | €68,792 | = | 0.0% |
| Non-distributable reserves | 130/1 | €68,792 | €68,792 | = | 0.0% |
| Legal reserve | 130 | €68,792 | €68,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€417,723 | -€110,581 | +€307,143 | +73.5% |
| Amounts payable | 17/49 | €5,452,439 | €4,282,543 | -€1.2m | -21.5% |
| Amounts payable after more than one year | 17 | €230,439 | €190,086 | -€40,354 | -17.5% |
| Financial debts | 170/4 | €230,439 | €190,086 | -€40,354 | -17.5% |
| Credit institutions | 173 | €230,439 | €190,086 | -€40,354 | -17.5% |
| Amounts payable within one year | 42/48 | €5,131,651 | €4,082,965 | -€1.0m | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €58,569 | €40,354 | -€18,216 | -31.1% |
| Financial debts | 43 | €928,148 | €489,541 | -€438,607 | -47.3% |
| Credit institutions | 430/8 | €928,148 | €489,541 | -€438,607 | -47.3% |
| Trade debts | 44 | €3,767,692 | €3,205,462 | -€562,230 | -14.9% |
| Suppliers | 440/4 | €3,767,692 | €3,205,462 | -€562,230 | -14.9% |
| Advances received on contracts in progress | 46 | €27,422 | - | -€27,422 | |
| Taxes, remuneration and social security | 45 | €349,820 | €347,607 | -€2,212 | -0.6% |
| Taxes | 450/3 | €26,146 | €24,564 | -€1,582 | -6.1% |
| Remuneration and social security | 454/9 | €323,673 | €323,043 | -€630 | -0.2% |
| Accrued charges and deferred income | 492/3 | €90,348 | €9,493 | -€80,856 | -89.5% |
| Operating income | 70/76A | €16,023,966 | €18,104,572 | +€2.1m | +13.0% |
| Turnover | 70 | €15,611,860 | €17,916,407 | +€2.3m | +14.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €152,175 | €21,377 | -€130,798 | -86.0% |
| Own construction capitalised | 72 | €66,425 | - | -€66,425 | |
| Other operating income | 74 | €189,892 | €166,788 | -€23,104 | -12.2% |
| Non-recurring operating income | 76A | €3,615 | - | -€3,615 | |
| Operating charges | 60/66A | €16,382,788 | €17,695,699 | +€1.3m | +8.0% |
| Goods for resale, raw materials and consumables | 60 | €10,983,309 | €12,013,709 | +€1.0m | +9.4% |
| Purchases | 600/8 | €10,798,034 | €11,940,063 | +€1.1m | +10.6% |
| Change in stocks: decrease (increase) | 609 | €185,275 | €73,646 | -€111,629 | -60.3% |
| Services and other goods | 61 | €2,649,671 | €2,857,971 | +€208,300 | +7.9% |
| Remuneration, social security and pensions | 62 | €2,535,377 | €2,593,827 | +€58,450 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,172 | €207,403 | +€22,231 | +12.0% |
| Other operating charges | 640/8 | €25,141 | €22,789 | -€2,352 | -9.4% |
| Non-recurring operating charges | 66A | €4,118 | - | -€4,118 | |
| Operating profit (loss) | 9901 | -€358,822 | €408,872 | +€767,694 | |
| Financial income | 75/76B | €6,479 | €5,137 | -€1,342 | -20.7% |
| Recurring financial income | 75 | €6,479 | €5,137 | -€1,342 | -20.7% |
| Other financial income | 752/9 | €6,479 | €5,137 | -€1,342 | -20.7% |
| Financial charges | 65/66B | €103,510 | €104,309 | +€799 | +0.8% |
| Recurring financial charges | 65 | €103,510 | €104,309 | +€799 | +0.8% |
| Debt charges | 650 | €58,776 | €50,344 | -€8,432 | -14.3% |
| Other financial charges | 652/9 | €44,733 | €53,965 | +€9,231 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | -€455,853 | €309,701 | +€765,553 | |
| Income taxes | 67/77 | €2,905 | €2,558 | -€347 | -12.0% |
| Taxes | 670/3 | €2,905 | €2,558 | -€347 | -12.0% |
| Profit (loss) for the period | 9904 | -€458,758 | €307,143 | +€765,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€458,758 | €307,143 | +€765,901 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.