C.P.A.: 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.P.A.
Largest movements
- Current investments +€38,569
new in 2025: €38,569
- Cash -€32,263
no longer reported in 2025 (was €32,263)
mainly Current investments (-€38,569) and Trade debts (-€3,432)
- Tangible fixed assets -€5,273
down €5,273 (-6.1%), from €87,090 to €81,817
- Deferred charges and accrued income +€2,800
up €2,800 (+4.0%), from €70,215 to €73,015
- Accrued charges and deferred income +€4,076
new in 2025: €4,076
- Trade debts -€3,432
down €3,432 (-15.4%), from €22,323 to €18,891
- Other debts +€2,743
up €2,743 (+13.5%), from €20,349 to €23,092
- Purchases and services +€6,144
new in 2025: €6,144
- Other operating charges +€3,414
new in 2025: €3,414
- Gross operating margin +€2,318
up €2,318 (+33.0%), from €7,015 to €9,333
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.
Cash bridge derived
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 | €241,278 | €245,112 | +€3,834 | +1.6% |
| Fixed assets | 21/28 | €87,800 | €82,527 | -€5,273 | -6.0% |
| Tangible fixed assets | 22/27 | €87,090 | €81,817 | -€5,273 | -6.1% |
| Land and buildings | 22 | €87,090 | €81,817 | -€5,273 | -6.1% |
| Financial fixed assets | 28 | €710 | €710 | -€0 | 0.0% |
| Current assets | 29/58 | €153,478 | €162,585 | +€9,107 | +5.9% |
| Amounts receivable within one year | 40/41 | €51,000 | €51,000 | = | 0.0% |
| Other amounts receivable | 41 | €51,000 | €51,000 | = | 0.0% |
| Current investments | 50/53 | - | €38,569 | +€38,569 | |
| Cash at bank and in hand | 54/58 | €32,263 | - | -€32,263 | |
| Deferred charges and accrued income | 490/1 | €70,215 | €73,015 | +€2,800 | +4.0% |
| Total equity and liabilities | 10/49 | €241,278 | €245,112 | +€3,834 | +1.6% |
| Equity | 10/15 | €93,606 | €94,053 | +€447 | +0.5% |
| Contributions | 10/11 | €18,591 | €18,592 | +€1 | 0.0% |
| Capital | 10 | €18,591 | €18,592 | +€1 | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | +€0 | 0.0% |
| Uncalled capital | 101 | €1 | - | -€1 | |
| Reserves | 13 | €59,745 | €59,745 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,279 | €1,279 | +€0 | 0.0% |
| Legal reserve | 130 | €1,279 | €1,279 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €33,466 | - | -€33,466 | |
| Distributable reserves | 133 | €25,000 | €58,466 | +€33,466 | +133.9% |
| Profit (loss) carried forward | 14 | €15,270 | €15,716 | +€446 | +2.9% |
| Provisions and deferred taxes | 16 | €80,000 | €80,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €80,000 | €80,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €30,000 | €30,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €67,672 | €71,059 | +€3,387 | +5.0% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,672 | €41,983 | -€689 | -1.6% |
| Trade debts | 44 | €22,323 | €18,891 | -€3,432 | -15.4% |
| Suppliers | 440/4 | €22,323 | €18,891 | -€3,432 | -15.4% |
| Other amounts payable | 47/48 | €20,349 | €23,092 | +€2,743 | +13.5% |
| Accrued charges and deferred income | 492/3 | - | €4,076 | +€4,076 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €6,144 | +€6,144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,272 | €5,272 | +€0 | 0.0% |
| Other operating charges | 640/8 | - | €3,414 | +€3,414 | |
| Non-recurring operating charges | 66A | €3,310 | - | -€3,310 | |
| Gross operating margin | 9900 | €7,015 | €9,333 | +€2,318 | +33.0% |
| Operating profit (loss) | 9901 | -€1,567 | €646 | +€2,213 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €204 | €209 | +€5 | +2.2% |
| Recurring financial charges | 65 | €204 | €209 | +€5 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,771 | €447 | +€2,218 | |
| Profit (loss) for the period | 9904 | -€1,771 | €447 | +€2,218 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,771 | €447 | +€2,218 |
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 11 October 2026 via checked.be.