CDV 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.
CDV CONSULT
Largest movements
- Receivables within one year +€144,798
up €144,798 (+29.3%), from €493,731 to €638,530
of which Other amounts receivable: +€172,130
- Cash -€78,593
down €78,593 (-15.9%), from €493,882 to €415,289
mainly Contributions, distributions and other (-€285,714) and Receivables within one year (-€144,798)
- Profit (loss) carried forward -€1.2m
no longer reported in 2025 (was €1.2m)
- Reserves +€1.1m
new in 2025: €1.1m
- Tax, wage and social debts +€160,757
up €160,757 (+68.1%), from €235,890 to €396,647
- Trade debts -€38,924
no longer reported in 2025 (was €38,924)
- Other debts +€18,575
new in 2025: €18,575
- Taxes -€397,290
down €397,290 (-83.8%), from €474,360 to €77,070
- Gross operating margin -€369,933
down €369,933 (-55.8%), from €662,750 to €292,818
- Financial charges -€38,462
down €38,462 (-95.0%), from €40,470 to €2,008
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 | €1,447,550 | €1,510,310 | +€62,759 | +4.3% |
| Fixed assets | 21/28 | €61,518 | €58,072 | -€3,446 | -5.6% |
| Tangible fixed assets | 22/27 | €61,518 | €58,072 | -€3,446 | -5.6% |
| Furniture and vehicles | 24 | €61,518 | €58,072 | -€3,446 | -5.6% |
| Current assets | 29/58 | €1,386,032 | €1,452,238 | +€66,205 | +4.8% |
| Stocks and contracts in progress | 3 | €398,419 | €398,419 | = | 0.0% |
| Stocks | 30/36 | €398,419 | €398,419 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €493,731 | €638,530 | +€144,798 | +29.3% |
| Trade receivables | 40 | €493,731 | €466,399 | -€27,332 | -5.5% |
| Other amounts receivable | 41 | - | €172,130 | +€172,130 | |
| Cash at bank and in hand | 54/58 | €493,882 | €415,289 | -€78,593 | -15.9% |
| Total equity and liabilities | 10/49 | €1,447,550 | €1,510,310 | +€62,759 | +4.3% |
| Equity | 10/15 | €1,172,737 | €1,095,087 | -€77,650 | -6.6% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | - | €1,080,827 | +€1.1m | |
| Distributable reserves | 133 | - | €1,080,827 | +€1.1m | |
| Profit (loss) carried forward | 14 | €1,158,477 | - | -€1.2m | |
| Amounts payable | 17/49 | €274,814 | €415,223 | +€140,409 | +51.1% |
| Amounts payable within one year | 42/48 | €274,814 | €415,223 | +€140,409 | +51.1% |
| Trade debts | 44 | €38,924 | - | -€38,924 | |
| Suppliers | 440/4 | €38,924 | - | -€38,924 | |
| Taxes, remuneration and social security | 45 | €235,890 | €396,647 | +€160,757 | +68.1% |
| Taxes | 450/3 | €235,890 | €396,647 | +€160,757 | +68.1% |
| Other amounts payable | 47/48 | - | €18,575 | +€18,575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,197 | €5,334 | +€137 | +2.6% |
| Other operating charges | 640/8 | €4,962 | €512 | -€4,450 | -89.7% |
| Gross operating margin | 9900 | €662,750 | €292,818 | -€369,933 | -55.8% |
| Operating profit (loss) | 9901 | €652,591 | €286,972 | -€365,619 | -56.0% |
| Financial income | 75/76B | €5,942 | €169 | -€5,773 | -97.2% |
| Recurring financial income | 75 | €5,942 | €169 | -€5,773 | -97.2% |
| Financial charges | 65/66B | €40,470 | €2,008 | -€38,462 | -95.0% |
| Recurring financial charges | 65 | €40,470 | €2,008 | -€38,462 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | €618,064 | €285,134 | -€332,930 | -53.9% |
| Income taxes | 67/77 | €474,360 | €77,070 | -€397,290 | -83.8% |
| Profit (loss) for the period | 9904 | €143,704 | €208,064 | +€64,360 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €143,704 | €208,064 | +€64,360 | +44.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.