C.P.A.B.: 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.B.
Largest movements
- Cash +€21,670
up €21,670 (+994%), from €2,180 to €23,850
mainly Net result for the year (+€32,526) and Depreciation (+€14,492)
- Tangible fixed assets -€8,172
down €8,172 (-4.4%), from €185,392 to €177,220
of which Land and buildings: -€6,330
- Profit (loss) carried forward +€32,526
up €32,526 (+28.2%), from €115,311 to €147,838
- Debts after one year -€14,005
down €14,005 (-17.9%), from €78,396 to €64,391
- Trade debts -€5,895
down €5,895 (-38.4%), from €15,347 to €9,451
- Gross operating margin +€23,440
up €23,440 (+60.7%), from €38,596 to €62,036
- Taxes +€7,585
up €7,585 (+180%), from €4,207 to €11,792
- Depreciation -€4,506
down €4,506 (-23.7%), from €18,998 to €14,492
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,854 | €256,350 | +€14,496 | +6.0% |
| Fixed assets | 21/28 | €185,805 | €177,633 | -€8,172 | -4.4% |
| Tangible fixed assets | 22/27 | €185,392 | €177,220 | -€8,172 | -4.4% |
| Land and buildings | 22 | €167,283 | €160,953 | -€6,330 | -3.8% |
| Plant, machinery and equipment | 23 | €191 | - | -€191 | |
| Furniture and vehicles | 24 | €17,918 | €16,267 | -€1,651 | -9.2% |
| Financial fixed assets | 28 | €413 | €413 | = | 0.0% |
| Current assets | 29/58 | €56,049 | €78,717 | +€22,668 | +40.4% |
| Amounts receivable within one year | 40/41 | €50,542 | €52,802 | +€2,259 | +4.5% |
| Trade receivables | 40 | €21,417 | €12,666 | -€8,751 | -40.9% |
| Other amounts receivable | 41 | €29,125 | €40,136 | +€11,011 | +37.8% |
| Cash at bank and in hand | 54/58 | €2,180 | €23,850 | +€21,670 | +994% |
| Deferred charges and accrued income | 490/1 | €3,327 | €2,065 | -€1,262 | -37.9% |
| Total equity and liabilities | 10/49 | €241,854 | €256,350 | +€14,496 | +6.0% |
| Equity | 10/15 | €129,571 | €162,098 | +€32,526 | +25.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,311 | €147,838 | +€32,526 | +28.2% |
| Amounts payable | 17/49 | €112,283 | €94,252 | -€18,031 | -16.1% |
| Amounts payable after more than one year | 17 | €78,396 | €64,391 | -€14,005 | -17.9% |
| Financial debts | 170/4 | €78,396 | €64,391 | -€14,005 | -17.9% |
| Amounts payable within one year | 42/48 | €33,812 | €29,824 | -€3,989 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €17,132 | €17,116 | -€16 | -0.1% |
| Trade debts | 44 | €15,347 | €9,451 | -€5,895 | -38.4% |
| Suppliers | 440/4 | €15,347 | €9,451 | -€5,895 | -38.4% |
| Taxes, remuneration and social security | 45 | €333 | €2,229 | +€1,896 | +569% |
| Taxes | 450/3 | €333 | €2,229 | +€1,896 | +569% |
| Other amounts payable | 47/48 | €1,000 | €1,027 | +€27 | +2.7% |
| Accrued charges and deferred income | 492/3 | €74 | €37 | -€37 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,998 | €14,492 | -€4,506 | -23.7% |
| Other operating charges | 640/8 | €2,543 | €2,236 | -€308 | -12.1% |
| Gross operating margin | 9900 | €38,596 | €62,036 | +€23,440 | +60.7% |
| Operating profit (loss) | 9901 | €17,054 | €45,308 | +€28,254 | +166% |
| Financial income | 75/76B | €1,057 | €1,561 | +€504 | +47.7% |
| Recurring financial income | 75 | €1,057 | €1,561 | +€504 | +47.7% |
| Financial charges | 65/66B | €2,900 | €2,551 | -€349 | -12.0% |
| Recurring financial charges | 65 | €2,900 | €2,551 | -€349 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €15,212 | €44,319 | +€29,107 | +191% |
| Income taxes | 67/77 | €4,207 | €11,792 | +€7,585 | +180% |
| Profit (loss) for the period | 9904 | €11,004 | €32,526 | +€21,522 | +196% |
| Profit (loss) for the period to be appropriated | 9905 | €11,004 | €32,526 | +€21,522 | +196% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.