CVT CONSTRUCT: 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.
CVT CONSTRUCT
Largest movements
- Cash +€10,897
up €10,897 (+666%), from €1,636 to €12,533
mainly Trade debts (+€11,546) and Net result for the year (+€4,425)
- Tangible fixed assets +€7,501
up €7,501 (+1,907%), from €393 to €7,894
- Receivables within one year -€3,639
down €3,639 (-3.8%), from €96,277 to €92,638
of which Trade receivables: -€2,743
- Trade debts +€11,546
up €11,546 (+113%), from €10,234 to €21,779
- Profit (loss) carried forward +€4,425
up €4,425 (+5.9%), from €75,005 to €79,430
- Other debts -€3,673
down €3,673 (-71.2%), from €5,161 to €1,488
- Tax, wage and social debts +€1,954
up €1,954 (+129%), from €1,510 to €3,464
of which Remuneration and social security: +€1,950
- Gross operating margin +€3,017
up €3,017 (+49.3%), from €6,121 to €9,138
- Depreciation +€959
up €959 (+111%), from €865 to €1,824
- Financial charges -€621
down €621 (-59.3%), from €1,047 to €426
- Financial income -€164
no longer reported in 2025 (was €164)
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 | €99,970 | €114,222 | +€14,252 | +14.3% |
| Fixed assets | 21/28 | €393 | €7,894 | +€7,501 | +1,907% |
| Tangible fixed assets | 22/27 | €393 | €7,894 | +€7,501 | +1,907% |
| Furniture and vehicles | 24 | €393 | €7,894 | +€7,501 | +1,907% |
| Current assets | 29/58 | €99,577 | €106,327 | +€6,751 | +6.8% |
| Amounts receivable within one year | 40/41 | €96,277 | €92,638 | -€3,639 | -3.8% |
| Trade receivables | 40 | €95,274 | €92,531 | -€2,743 | -2.9% |
| Other amounts receivable | 41 | €1,003 | €107 | -€897 | -89.3% |
| Cash at bank and in hand | 54/58 | €1,636 | €12,533 | +€10,897 | +666% |
| Deferred charges and accrued income | 490/1 | €1,663 | €1,156 | -€507 | -30.5% |
| Total equity and liabilities | 10/49 | €99,970 | €114,222 | +€14,252 | +14.3% |
| Equity | 10/15 | €83,065 | €87,490 | +€4,425 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Share premium | 1100/10 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,005 | €79,430 | +€4,425 | +5.9% |
| Amounts payable | 17/49 | €16,905 | €26,732 | +€9,827 | +58.1% |
| Amounts payable within one year | 42/48 | €16,905 | €26,732 | +€9,827 | +58.1% |
| Trade debts | 44 | €10,234 | €21,779 | +€11,546 | +113% |
| Suppliers | 440/4 | €10,234 | €21,779 | +€11,546 | +113% |
| Taxes, remuneration and social security | 45 | €1,510 | €3,464 | +€1,954 | +129% |
| Taxes | 450/3 | €1,510 | €1,514 | +€4 | +0.3% |
| Remuneration and social security | 454/9 | - | €1,950 | +€1,950 | |
| Other amounts payable | 47/48 | €5,161 | €1,488 | -€3,673 | -71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €865 | €1,824 | +€959 | +111% |
| Other operating charges | 640/8 | €1,027 | €949 | -€78 | -7.6% |
| Gross operating margin | 9900 | €6,121 | €9,138 | +€3,017 | +49.3% |
| Operating profit (loss) | 9901 | €4,229 | €6,365 | +€2,136 | +50.5% |
| Financial income | 75/76B | €164 | - | -€164 | |
| Recurring financial income | 75 | €164 | - | -€164 | |
| Financial charges | 65/66B | €1,047 | €426 | -€621 | -59.3% |
| Recurring financial charges | 65 | €1,047 | €426 | -€621 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | €3,346 | €5,940 | +€2,594 | +77.5% |
| Income taxes | 67/77 | €1,510 | €1,514 | +€4 | +0.3% |
| Profit (loss) for the period | 9904 | €1,836 | €4,425 | +€2,589 | +141% |
| Profit (loss) for the period to be appropriated | 9905 | €1,836 | €4,425 | +€2,589 | +141% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.