CVT CONSULT: 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.
What changed
CVT CONSULT
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€37,601
2024 · €33,372+€4,229
Equity
€1.1m
2024 · €1.1m+€37,601
Cash
€31,381
2024 · €20,785+€10,596
Balance sheet total
€1.9m
2024 · €1.9m+€26,868
Largest movements
Assets
- Receivables within one year +€22,762
up €22,762 (+53.3%), from €42,738 to €65,500
of which Other amounts receivable: +€30,945
Equity and liabilities
- Profit (loss) carried forward +€37,601
up €37,601 (+17.0%), from €221,280 to €258,881
- Other debts -€24,455
down €24,455 (-28.9%), from €84,520 to €60,065
Income statement
- Gross operating margin +€6,877
up €6,877 (+8.5%), from €80,845 to €87,722
- Taxes +€2,520
up €2,520 (+17.8%), from €14,150 to €16,670
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.
Result 2024
€33,372
Gross operating margin
+€6,877
Other operating charges
-€271
Financial income
-€3
Financial charges
+€146
Taxes
-€2,520
Result 2025
€37,601
raises the resultlowers the result
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.
From operations
+€13,520
Investment
€0
Financing
-€2,924
Cash 2024
€20,785
From operations (derived)
+€13,520
Net result for the year
+€37,601
Depreciation
+€3,662
Receivables within one year
-€22,762
Deferred charges and accrued income
+€2,828
Trade debts
+€11,470
Tax, wage and social debts
+€4,016
Other debts
-€24,455
Accrued charges and deferred income
+€1,160
Financing
-€2,924
Current portion of long-term debt
-€2,924
Cash 2025
€31,381
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,870,465 | €1,897,333 | +€26,868 | +1.4% |
| Fixed assets | 21/28 | €1,801,993 | €1,798,331 | -€3,662 | -0.2% |
| Tangible fixed assets | 22/27 | €1,094,861 | €1,091,199 | -€3,662 | -0.3% |
| Land and buildings | 22 | €1,088,859 | €1,088,468 | -€391 | 0.0% |
| Furniture and vehicles | 24 | €6,002 | €2,731 | -€3,271 | -54.5% |
| Financial fixed assets | 28 | €707,132 | €707,132 | = | 0.0% |
| Current assets | 29/58 | €68,472 | €99,002 | +€30,530 | +44.6% |
| Amounts receivable within one year | 40/41 | €42,738 | €65,500 | +€22,762 | +53.3% |
| Trade receivables | 40 | €26,503 | €18,320 | -€8,183 | -30.9% |
| Other amounts receivable | 41 | €16,235 | €47,180 | +€30,945 | +191% |
| Cash at bank and in hand | 54/58 | €20,785 | €31,381 | +€10,596 | +51.0% |
| Deferred charges and accrued income | 490/1 | €4,949 | €2,121 | -€2,828 | -57.1% |
| Total equity and liabilities | 10/49 | €1,870,465 | €1,897,333 | +€26,868 | +1.4% |
| Equity | 10/15 | €1,069,038 | €1,106,639 | +€37,601 | +3.5% |
| Contributions | 10/11 | €271,773 | €271,773 | = | 0.0% |
| Reserves | 13 | €575,985 | €575,985 | = | 0.0% |
| Distributable reserves | 133 | €575,985 | €575,985 | = | 0.0% |
| Profit (loss) carried forward | 14 | €221,280 | €258,881 | +€37,601 | +17.0% |
| Amounts payable | 17/49 | €801,427 | €790,694 | -€10,733 | -1.3% |
| Amounts payable after more than one year | 17 | €549,152 | €549,152 | = | 0.0% |
| Financial debts | 170/4 | €549,152 | €549,152 | = | 0.0% |
| Amounts payable within one year | 42/48 | €240,022 | €228,129 | -€11,893 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €2,924 | - | -€2,924 | |
| Trade debts | 44 | €137,093 | €148,563 | +€11,470 | +8.4% |
| Suppliers | 440/4 | €137,093 | €148,563 | +€11,470 | +8.4% |
| Taxes, remuneration and social security | 45 | €15,485 | €19,501 | +€4,016 | +25.9% |
| Taxes | 450/3 | €15,485 | €19,501 | +€4,016 | +25.9% |
| Other amounts payable | 47/48 | €84,520 | €60,065 | -€24,455 | -28.9% |
| Accrued charges and deferred income | 492/3 | €12,253 | €13,413 | +€1,160 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,662 | €3,662 | = | 0.0% |
| Other operating charges | 640/8 | €296 | €567 | +€271 | +91.6% |
| Gross operating margin | 9900 | €80,845 | €87,722 | +€6,877 | +8.5% |
| Operating profit (loss) | 9901 | €76,887 | €83,493 | +€6,606 | +8.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €29,368 | €29,222 | -€146 | -0.5% |
| Recurring financial charges | 65 | €29,368 | €29,222 | -€146 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €47,522 | €54,271 | +€6,749 | +14.2% |
| Income taxes | 67/77 | €14,150 | €16,670 | +€2,520 | +17.8% |
| Profit (loss) for the period | 9904 | €33,372 | €37,601 | +€4,229 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,372 | €37,601 | +€4,229 | +12.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.