C.P.L.: 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.L.
Largest movements
- Cash +€60,540
up €60,540 (+206%), from €29,396 to €89,936
mainly Depreciation (+€57,288) and Receivables within one year (+€34,891)
- Tangible fixed assets -€57,288
down €57,288 (-18.8%), from €304,691 to €247,403
of which Furniture and vehicles: -€48,307
- Receivables within one year -€34,891
down €34,891 (-60.2%), from €57,942 to €23,051
of which Trade receivables: -€27,522
- Debts after one year -€49,966
down €49,966 (-53.8%), from €92,950 to €42,985
- Accrued charges and deferred income +€18,231
up €18,231 (+175,132%), from €10 to €18,242
- Other operating charges +€18,202
up €18,202 (+857%), from €2,124 to €20,326
- Gross operating margin +€8,602
up €8,602 (+7.0%), from €122,098 to €130,700
- Staff costs +€5,855
up €5,855 (+13.6%), from €43,019 to €48,874
- Taxes -€1,750
down €1,750 (-61.9%), from €2,825 to €1,075
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 | €397,902 | €366,456 | -€31,446 | -7.9% |
| Fixed assets | 21/28 | €305,054 | €247,766 | -€57,288 | -18.8% |
| Tangible fixed assets | 22/27 | €304,691 | €247,403 | -€57,288 | -18.8% |
| Land and buildings | 22 | €4,600 | €4,318 | -€281 | -6.1% |
| Plant, machinery and equipment | 23 | €65,621 | €56,922 | -€8,699 | -13.3% |
| Furniture and vehicles | 24 | €234,470 | €186,163 | -€48,307 | -20.6% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €92,848 | €118,690 | +€25,842 | +27.8% |
| Amounts receivable within one year | 40/41 | €57,942 | €23,051 | -€34,891 | -60.2% |
| Trade receivables | 40 | €45,609 | €18,087 | -€27,522 | -60.3% |
| Other amounts receivable | 41 | €12,333 | €4,964 | -€7,368 | -59.7% |
| Cash at bank and in hand | 54/58 | €29,396 | €89,936 | +€60,540 | +206% |
| Deferred charges and accrued income | 490/1 | €5,511 | €5,703 | +€192 | +3.5% |
| Total equity and liabilities | 10/49 | €397,902 | €366,456 | -€31,446 | -7.9% |
| Equity | 10/15 | €216,086 | €214,564 | -€1,523 | -0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €197,486 | €195,964 | -€1,523 | -0.8% |
| Distributable reserves | 133 | €197,486 | €195,964 | -€1,523 | -0.8% |
| Amounts payable | 17/49 | €181,816 | €151,892 | -€29,923 | -16.5% |
| Amounts payable after more than one year | 17 | €92,950 | €42,985 | -€49,966 | -53.8% |
| Financial debts | 170/4 | €92,950 | €42,985 | -€49,966 | -53.8% |
| Amounts payable within one year | 42/48 | €88,855 | €90,666 | +€1,811 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €48,912 | €49,966 | +€1,054 | +2.2% |
| Trade debts | 44 | €18,942 | €19,103 | +€160 | +0.8% |
| Suppliers | 440/4 | €18,942 | €19,103 | +€160 | +0.8% |
| Taxes, remuneration and social security | 45 | €12,094 | €13,422 | +€1,328 | +11.0% |
| Taxes | 450/3 | €6,891 | €13,422 | +€6,531 | +94.8% |
| Remuneration and social security | 454/9 | €5,203 | - | -€5,203 | |
| Other amounts payable | 47/48 | €8,907 | €8,176 | -€731 | -8.2% |
| Accrued charges and deferred income | 492/3 | €10 | €18,242 | +€18,231 | +175,132% |
| Remuneration, social security and pensions | 62 | €43,019 | €48,874 | +€5,855 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,378 | €57,288 | -€1,090 | -1.9% |
| Other operating charges | 640/8 | €2,124 | €20,326 | +€18,202 | +857% |
| Non-recurring operating charges | 66A | €6,373 | - | -€6,373 | |
| Gross operating margin | 9900 | €122,098 | €130,700 | +€8,602 | +7.0% |
| Operating profit (loss) | 9901 | €12,204 | €4,212 | -€7,991 | -65.5% |
| Financial income | 75/76B | €70 | €145 | +€75 | +107% |
| Recurring financial income | 75 | €70 | €145 | +€75 | +107% |
| Financial charges | 65/66B | €4,031 | €3,004 | -€1,027 | -25.5% |
| Recurring financial charges | 65 | €4,031 | €3,004 | -€1,027 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €8,243 | €1,353 | -€6,890 | -83.6% |
| Income taxes | 67/77 | €2,825 | €1,075 | -€1,750 | -61.9% |
| Profit (loss) for the period | 9904 | €5,418 | €277 | -€5,141 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,418 | €277 | -€5,141 | -94.9% |
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 21 October 2026 via checked.be.