C.M.P.: 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
C.M.P.
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€377,621
2024 · €42,608+€335,013
Equity
€850,289
2024 · €472,668+€377,621
Cash
€28,350
2024 · €27,254+€1,096
Balance sheet total
€999,265
2024 · €493,347+€505,918
Largest movements
Assets
- Current investments +€578,622
up €578,622 (+345%), from €167,866 to €746,488
- Tangible fixed assets -€82,521
down €82,521 (-30.3%), from €272,738 to €190,218
of which Land and buildings: -€87,453
Equity and liabilities
- Reserves +€377,621
up €377,621 (+92.1%), from €410,168 to €787,789
of which Tax-exempt reserves: +€405,000
- Provisions +€135,000
new in 2025: €135,000
Income statement
- Gross operating margin +€449,386
up €449,386 (+572%), from €78,525 to €527,911
- Taxes -€15,712
down €15,712 (-100%), from €15,712 to €0
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
€42,608
Gross operating margin
+€449,386
Depreciation
-€197
Other operating charges
+€2,240
Financial income
-€511
Financial charges
+€3,382
Taxes
+€15,712
Deferred taxes and other
-€135,000
Result 2025
€377,621
raises the resultlowers the resultnot broken down further in the accounts
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
+€510,841
Investment
-€509,745
Financing
€0
Cash 2024
€27,254
From operations (derived)
+€510,841
Net result for the year
+€377,621
Depreciation
+€13,644
Receivables within one year
-€8,720
Provisions
+€135,000
Smaller working-capital items
+€55
Tax, wage and social debts
-€6,759
Investment (derived)
-€509,745
Investment in fixed assets (net)
+€68,877
Current investments
-€578,622
Cash 2025
€28,350
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €493,347 | €999,265 | +€505,918 | +103% |
| Fixed assets | 21/28 | €272,738 | €190,218 | -€82,521 | -30.3% |
| Tangible fixed assets | 22/27 | €272,738 | €190,218 | -€82,521 | -30.3% |
| Land and buildings | 22 | €272,738 | €185,286 | -€87,453 | -32.1% |
| Furniture and vehicles | 24 | - | €4,932 | +€4,932 | |
| Current assets | 29/58 | €220,609 | €809,047 | +€588,438 | +267% |
| Amounts receivable within one year | 40/41 | €25,489 | €34,209 | +€8,720 | +34.2% |
| Trade receivables | 40 | €16,758 | €8,593 | -€8,165 | -48.7% |
| Other amounts receivable | 41 | €8,731 | €25,616 | +€16,886 | +193% |
| Current investments | 50/53 | €167,866 | €746,488 | +€578,622 | +345% |
| Cash at bank and in hand | 54/58 | €27,254 | €28,350 | +€1,096 | +4.0% |
| Total equity and liabilities | 10/49 | €493,347 | €999,265 | +€505,918 | +103% |
| Equity | 10/15 | €472,668 | €850,289 | +€377,621 | +79.9% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €410,168 | €787,789 | +€377,621 | +92.1% |
| Non-distributable reserves | 130/1 | €24,250 | €24,250 | = | 0.0% |
| Legal reserve | 130 | €24,250 | €24,250 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €405,000 | +€405,000 | |
| Distributable reserves | 133 | €385,918 | €358,539 | -€27,379 | -7.1% |
| Provisions and deferred taxes | 16 | - | €135,000 | +€135,000 | |
| Deferred taxes | 168 | - | €135,000 | +€135,000 | |
| Amounts payable | 17/49 | €20,680 | €13,976 | -€6,704 | -32.4% |
| Amounts payable within one year | 42/48 | €19,211 | €11,621 | -€7,590 | -39.5% |
| Financial debts | 43 | €11,000 | €11,000 | = | 0.0% |
| Credit institutions | 430/8 | €11,000 | €11,000 | = | 0.0% |
| Trade debts | 44 | €1,452 | €621 | -€831 | -57.2% |
| Suppliers | 440/4 | €1,452 | €621 | -€831 | -57.2% |
| Taxes, remuneration and social security | 45 | €6,759 | €0 | -€6,759 | -100% |
| Taxes | 450/3 | €6,759 | €0 | -€6,759 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,469 | €2,355 | +€886 | +60.3% |
| Non-recurring operating income | 76A | - | €540,000 | +€540,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,447 | €13,644 | +€197 | +1.5% |
| Other operating charges | 640/8 | €5,891 | €3,651 | -€2,240 | -38.0% |
| Gross operating margin | 9900 | €78,525 | €527,911 | +€449,386 | +572% |
| Operating profit (loss) | 9901 | €59,187 | €510,617 | +€451,430 | +763% |
| Financial income | 75/76B | €2,310 | €1,799 | -€511 | -22.1% |
| Recurring financial income | 75 | €2,310 | €1,799 | -€511 | -22.1% |
| Financial charges | 65/66B | €3,177 | -€205 | -€3,382 | |
| Recurring financial charges | 65 | €3,177 | -€205 | -€3,382 | |
| Profit (loss) for the period before taxes | 9903 | €58,320 | €512,621 | +€454,301 | +779% |
| Transfer to deferred taxes | 680 | - | €135,000 | +€135,000 | |
| Income taxes | 67/77 | €15,712 | €0 | -€15,712 | -100% |
| Profit (loss) for the period | 9904 | €42,608 | €377,621 | +€335,013 | +786% |
| Transfer to tax-exempt reserves | 689 | - | €405,000 | +€405,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,608 | -€27,379 | -€69,987 |
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 23 October 2026 via checked.be.