C & #201;VG CONSTRUCT: what changed
C & #201;VG CONSTRUCT
Largest movements
- Receivables within one year +€5,075
up €5,075 (+534%), from €951 to €6,026
of which Trade receivables: +€4,582
- Cash +€148
up €148, from €0 to €148
mainly Other debts (+€15,774)
- Other debts +€15,774
up €15,774 (+35.8%), from €44,057 to €59,831
- Profit (loss) carried forward -€8,616
down €8,616 (-12.3%), from -€69,877 to -€78,493
- Trade debts -€1,931
down €1,931 (-40.5%), from €4,767 to €2,836
- Financial charges -€3,222
down €3,222 (-96.8%), from €3,330 to €107
- Gross operating margin -€2,180
down €2,180 (-34.4%), from -€6,329 to -€8,509
- Financial income -€888
down €888 (-100.0%), from €888 to €0
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €951 | €6,174 | +€5,223 | +549% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €951 | €6,174 | +€5,223 | +549% |
| Amounts receivable within one year | 40/41 | €951 | €6,026 | +€5,075 | +534% |
| Trade receivables | 40 | - | €4,582 | +€4,582 | |
| Other amounts receivable | 41 | €951 | €1,445 | +€494 | +51.9% |
| Cash at bank and in hand | 54/58 | €0 | €148 | +€148 | |
| Total equity and liabilities | 10/49 | €951 | €6,174 | +€5,223 | +549% |
| Equity | 10/15 | -€47,877 | -€56,493 | -€8,616 | -18.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,877 | -€78,493 | -€8,616 | -12.3% |
| Amounts payable | 17/49 | €48,828 | €62,667 | +€13,839 | +28.3% |
| Amounts payable within one year | 42/48 | €48,828 | €62,667 | +€13,839 | +28.3% |
| Financial debts | 43 | €4 | €0 | -€4 | -100% |
| Credit institutions | 430/8 | €4 | €0 | -€4 | -100% |
| Trade debts | 44 | €4,767 | €2,836 | -€1,931 | -40.5% |
| Suppliers | 440/4 | €4,767 | €2,836 | -€1,931 | -40.5% |
| Other amounts payable | 47/48 | €44,057 | €59,831 | +€15,774 | +35.8% |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100% |
| Non-recurring operating charges | 66A | €11,062 | €0 | -€11,062 | -100% |
| Gross operating margin | 9900 | -€6,329 | -€8,509 | -€2,180 | -34.4% |
| Operating profit (loss) | 9901 | -€17,441 | -€8,509 | +€8,933 | +51.2% |
| Financial income | 75/76B | €888 | €0 | -€888 | -100.0% |
| Recurring financial income | 75 | €888 | €0 | -€888 | -100.0% |
| Financial charges | 65/66B | €3,330 | €107 | -€3,222 | -96.8% |
| Recurring financial charges | 65 | €3,330 | €107 | -€3,222 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,882 | -€8,616 | +€11,267 | +56.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€19,882 | -€8,616 | +€11,267 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,882 | -€8,616 | +€11,267 | +56.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.