C.M.P.G.: 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.
C.M.P.G.
Largest movements
- Cash -€8,174
down €8,174 (-25.0%), from €32,656 to €24,482
mainly Investment in fixed assets (net) (-€6,435) and Receivables within one year (-€5,873)
- Receivables within one year +€5,873
up €5,873 (+119%), from €4,954 to €10,827
of which Trade receivables: +€3,373
- Tangible fixed assets +€1,744
up €1,744 (+12.1%), from €14,473 to €16,217
of which Plant, machinery and equipment: +€2,859
- Deferred charges and accrued income +€1,035
up €1,035 (+269%), from €385 to €1,420
- Tax, wage and social debts +€3,613
up €3,613 (+38.3%), from €9,429 to €13,042
of which Remuneration and social security: +€2,334
- Profit (loss) carried forward -€3,199
down €3,199 (-56.1%), from €5,704 to €2,505
- Accrued charges and deferred income -€1,152
down €1,152 (-40.4%), from €2,852 to €1,701
- Trade debts +€920
up €920 (+10.7%), from €8,566 to €9,486
- Staff costs +€13,609
up €13,609 (+64.8%), from €21,018 to €34,627
- Taxes -€4,669
down €4,669, from €4,603 to -€66
- Gross operating margin -€3,678
down €3,678 (-8.4%), from €44,027 to €40,349
- Other operating charges +€1,534
up €1,534 (+274%), from €559 to €2,093
- Depreciation +€937
up €937 (+25.0%), from €3,754 to €4,691
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 | €57,486 | €58,120 | +€634 | +1.1% |
| Fixed assets | 21/28 | €15,773 | €17,517 | +€1,744 | +11.1% |
| Tangible fixed assets | 22/27 | €14,473 | €16,217 | +€1,744 | +12.1% |
| Plant, machinery and equipment | 23 | €6,855 | €9,714 | +€2,859 | +41.7% |
| Furniture and vehicles | 24 | €7,010 | €6,140 | -€870 | -12.4% |
| Other tangible fixed assets | 26 | €608 | €363 | -€245 | -40.3% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €41,713 | €40,603 | -€1,110 | -2.7% |
| Stocks and contracts in progress | 3 | €3,718 | €3,874 | +€156 | +4.2% |
| Stocks | 30/36 | €3,718 | €3,874 | +€156 | +4.2% |
| Amounts receivable within one year | 40/41 | €4,954 | €10,827 | +€5,873 | +119% |
| Trade receivables | 40 | €1,405 | €4,779 | +€3,373 | +240% |
| Other amounts receivable | 41 | €3,549 | €6,049 | +€2,500 | +70.5% |
| Cash at bank and in hand | 54/58 | €32,656 | €24,482 | -€8,174 | -25.0% |
| Deferred charges and accrued income | 490/1 | €385 | €1,420 | +€1,035 | +269% |
| Total equity and liabilities | 10/49 | €57,486 | €58,120 | +€634 | +1.1% |
| Equity | 10/15 | €34,723 | €31,524 | -€3,199 | -9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,818 | €22,818 | = | 0.0% |
| Distributable reserves | 133 | €22,818 | €22,818 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,704 | €2,505 | -€3,199 | -56.1% |
| Amounts payable | 17/49 | €22,763 | €26,597 | +€3,833 | +16.8% |
| Amounts payable within one year | 42/48 | €19,911 | €24,896 | +€4,985 | +25.0% |
| Trade debts | 44 | €8,566 | €9,486 | +€920 | +10.7% |
| Suppliers | 440/4 | €8,566 | €9,486 | +€920 | +10.7% |
| Taxes, remuneration and social security | 45 | €9,429 | €13,042 | +€3,613 | +38.3% |
| Taxes | 450/3 | €6,408 | €7,688 | +€1,279 | +20.0% |
| Remuneration and social security | 454/9 | €3,021 | €5,355 | +€2,334 | +77.3% |
| Other amounts payable | 47/48 | €1,916 | €2,368 | +€452 | +23.6% |
| Accrued charges and deferred income | 492/3 | €2,852 | €1,701 | -€1,152 | -40.4% |
| Remuneration, social security and pensions | 62 | €21,018 | €34,627 | +€13,609 | +64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,754 | €4,691 | +€937 | +25.0% |
| Other operating charges | 640/8 | €559 | €2,093 | +€1,534 | +274% |
| Gross operating margin | 9900 | €44,027 | €40,349 | -€3,678 | -8.4% |
| Operating profit (loss) | 9901 | €18,695 | -€1,062 | -€19,757 | |
| Financial charges | 65/66B | €2,740 | €2,203 | -€537 | -19.6% |
| Recurring financial charges | 65 | €2,740 | €2,203 | -€537 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €15,955 | -€3,265 | -€19,221 | |
| Income taxes | 67/77 | €4,603 | -€66 | -€4,669 | |
| Profit (loss) for the period | 9904 | €11,353 | -€3,199 | -€14,552 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,353 | -€3,199 | -€14,552 |
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 25 October 2026 via checked.be.