C.P.C.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.C.B.
Largest movements
- Tangible fixed assets +€59,383
up €59,383 (+56.2%), from €105,631 to €165,014
of which Furniture and vehicles: +€31,958
- Cash -€46,381
down €46,381 (-76.4%), from €60,738 to €14,357
mainly Investment in fixed assets (net) (-€83,617) and Other debts (-€79,041)
- Intangible fixed assets -€40,767
down €40,767 (-19.3%), from €211,651 to €170,885
- Deferred charges and accrued income +€7,350
up €7,350 (+22.5%), from €32,722 to €40,072
- Other debts -€79,041
no longer reported in 2025 (was €79,041)
- Profit (loss) carried forward +€31,804
up €31,804 (+77.4%), from €41,106 to €72,910
- Short-term financial debts +€30,474
new in 2025: €30,474
- Debts after one year -€19,348
down €19,348 (-11.3%), from €171,095 to €151,747
- Tax, wage and social debts +€15,799
up €15,799 (+66.3%), from €23,814 to €39,613
of which Taxes: +€12,250
- Gross operating margin +€61,136
up €61,136 (+27.4%), from €222,752 to €283,888
- Staff costs +€41,671
up €41,671 (+36.0%), from €115,755 to €157,426
- Depreciation +€12,983
up €12,983 (+25.0%), from €52,018 to €65,001
- Financial charges +€4,894
up €4,894 (+69.0%), from €7,095 to €11,990
- Other operating charges +€3,957
up €3,957 (+264%), from €1,498 to €5,455
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 | €430,543 | €412,928 | -€17,615 | -4.1% |
| Fixed assets | 21/28 | €317,283 | €335,899 | +€18,616 | +5.9% |
| Intangible fixed assets | 21 | €211,651 | €170,885 | -€40,767 | -19.3% |
| Tangible fixed assets | 22/27 | €105,631 | €165,014 | +€59,383 | +56.2% |
| Plant, machinery and equipment | 23 | €610 | €313 | -€298 | -48.8% |
| Furniture and vehicles | 24 | €12,277 | €44,235 | +€31,958 | +260% |
| Other tangible fixed assets | 26 | €92,744 | €120,466 | +€27,723 | +29.9% |
| Current assets | 29/58 | €113,261 | €77,029 | -€36,231 | -32.0% |
| Amounts receivable within one year | 40/41 | €19,800 | €22,600 | +€2,800 | +14.1% |
| Other amounts receivable | 41 | €19,800 | €22,600 | +€2,800 | +14.1% |
| Cash at bank and in hand | 54/58 | €60,738 | €14,357 | -€46,381 | -76.4% |
| Deferred charges and accrued income | 490/1 | €32,722 | €40,072 | +€7,350 | +22.5% |
| Total equity and liabilities | 10/49 | €430,543 | €412,928 | -€17,615 | -4.1% |
| Equity | 10/15 | €61,511 | €93,315 | +€31,804 | +51.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,106 | €72,910 | +€31,804 | +77.4% |
| Amounts payable | 17/49 | €369,032 | €319,613 | -€49,419 | -13.4% |
| Amounts payable after more than one year | 17 | €171,095 | €151,747 | -€19,348 | -11.3% |
| Financial debts | 170/4 | €171,095 | €151,747 | -€19,348 | -11.3% |
| Amounts payable within one year | 42/48 | €197,937 | €167,867 | -€30,071 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €68,881 | €81,866 | +€12,985 | +18.9% |
| Financial debts | 43 | - | €30,474 | +€30,474 | |
| Credit institutions | 430/8 | - | €30,474 | +€30,474 | |
| Trade debts | 44 | €26,201 | €15,913 | -€10,288 | -39.3% |
| Suppliers | 440/4 | €26,201 | €15,913 | -€10,288 | -39.3% |
| Taxes, remuneration and social security | 45 | €23,814 | €39,613 | +€15,799 | +66.3% |
| Taxes | 450/3 | €13,700 | €25,950 | +€12,250 | +89.4% |
| Remuneration and social security | 454/9 | €10,114 | €13,663 | +€3,549 | +35.1% |
| Other amounts payable | 47/48 | €79,041 | - | -€79,041 | |
| Remuneration, social security and pensions | 62 | €115,755 | €157,426 | +€41,671 | +36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,018 | €65,001 | +€12,983 | +25.0% |
| Other operating charges | 640/8 | €1,498 | €5,455 | +€3,957 | +264% |
| Non-recurring operating charges | 66A | €256 | - | -€256 | |
| Gross operating margin | 9900 | €222,752 | €283,888 | +€61,136 | +27.4% |
| Operating profit (loss) | 9901 | €53,225 | €56,006 | +€2,781 | +5.2% |
| Financial income | 75/76B | €62 | €14 | -€49 | -78.0% |
| Recurring financial income | 75 | €62 | €14 | -€49 | -78.0% |
| Financial charges | 65/66B | €7,095 | €11,990 | +€4,894 | +69.0% |
| Recurring financial charges | 65 | €7,095 | €11,990 | +€4,894 | +69.0% |
| Profit (loss) for the period before taxes | 9903 | €46,192 | €44,030 | -€2,161 | -4.7% |
| Income taxes | 67/77 | €13,700 | €12,226 | -€1,474 | -10.8% |
| Profit (loss) for the period | 9904 | €32,491 | €31,804 | -€687 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,491 | €31,804 | -€687 | -2.1% |
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 26 October 2026 via checked.be.