C.P.S.: what changed
Two fiscal 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.S.
Largest movements
- Tangible fixed assets -€5,482
down €5,482 (-48.9%), from €11,221 to €5,739
of which Furniture and vehicles: -€3,921
- Stocks and contracts -€4,768
down €4,768 (-19.4%), from €24,625 to €19,857
- Cash -€4,429
down €4,429 (-33.6%), from €13,193 to €8,764
mainly Net result for the year (-€64,294) and Receivables within one year (-€1,935)
- Receivables within one year +€1,935
up €1,935 (+7.5%), from €25,791 to €27,726
- Deferred charges and accrued income -€1,295
down €1,295 (-49.6%), from €2,610 to €1,315
- Profit (loss) carried forward -€64,294
down €64,294 (-28.5%), from -€225,320 to -€289,614
- Trade debts +€45,590
up €45,590 (+69.5%), from €65,594 to €111,184
- Tax, wage and social debts +€4,864
up €4,864 (+5.4%), from €90,194 to €95,058
of which Taxes: +€20,522
- Gross operating margin +€45,494
up €45,494 (+34.0%), from €133,924 to €179,419
- Staff costs +€13,492
up €13,492 (+6.6%), from €205,176 to €218,668
- Other operating charges +€2,997
up €2,997 (+133.8%), from €2,240 to €5,238
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.
Cash bridge derived
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 | €77,441 | €63,401 | -€14,039 | -18.1% |
| Fixed assets | 21/28 | €11,221 | €5,739 | -€5,482 | -48.9% |
| Tangible fixed assets | 22/27 | €11,221 | €5,739 | -€5,482 | -48.9% |
| Furniture and vehicles | 24 | €6,216 | €2,295 | -€3,921 | -63.1% |
| Other tangible fixed assets | 26 | €5,006 | €3,444 | -€1,561 | -31.2% |
| Current assets | 29/58 | €66,219 | €57,662 | -€8,557 | -12.9% |
| Stocks and contracts in progress | 3 | €24,625 | €19,857 | -€4,768 | -19.4% |
| Stocks | 30/36 | €24,625 | €19,857 | -€4,768 | -19.4% |
| Amounts receivable within one year | 40/41 | €25,791 | €27,726 | +€1,935 | +7.5% |
| Other amounts receivable | 41 | €25,791 | €27,726 | +€1,935 | +7.5% |
| Cash at bank and in hand | 54/58 | €13,193 | €8,764 | -€4,429 | -33.6% |
| Deferred charges and accrued income | 490/1 | €2,610 | €1,315 | -€1,295 | -49.6% |
| Total equity and liabilities | 10/49 | €77,441 | €63,401 | -€14,039 | -18.1% |
| Equity | 10/15 | -€133,546 | -€197,841 | -€64,294 | -48.1% |
| Contributions | 10/11 | €61,950 | €61,950 | = | 0.0% |
| Capital | 10 | €61,950 | €61,950 | = | 0.0% |
| Issued capital | 100 | €61,950 | €61,950 | = | 0.0% |
| Reserves | 13 | €29,823 | €29,823 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €4,873 | €4,873 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€225,320 | -€289,614 | -€64,294 | -28.5% |
| Amounts payable | 17/49 | €210,987 | €261,242 | +€50,255 | +23.8% |
| Amounts payable after more than one year | 17 | €55,000 | €55,000 | = | 0.0% |
| Other amounts payable | 178/9 | €55,000 | €55,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €155,987 | €206,242 | +€50,255 | +32.2% |
| Financial debts | 43 | €199 | - | -€199 | |
| Credit institutions | 430/8 | €199 | - | -€199 | |
| Trade debts | 44 | €65,594 | €111,184 | +€45,590 | +69.5% |
| Suppliers | 440/4 | €65,594 | €111,184 | +€45,590 | +69.5% |
| Taxes, remuneration and social security | 45 | €90,194 | €95,058 | +€4,864 | +5.4% |
| Taxes | 450/3 | €30,455 | €50,977 | +€20,522 | +67.4% |
| Remuneration and social security | 454/9 | €59,739 | €44,081 | -€15,658 | -26.2% |
| Remuneration, social security and pensions | 62 | €205,176 | €218,668 | +€13,492 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,779 | €7,305 | -€474 | -6.1% |
| Other operating charges | 640/8 | €2,240 | €5,238 | +€2,997 | +133.8% |
| Non-recurring operating charges | 66A | - | €11,738 | +€11,738 | |
| Gross operating margin | 9900 | €133,924 | €179,419 | +€45,494 | +34.0% |
| Operating profit (loss) | 9901 | -€81,271 | -€63,530 | +€17,741 | +21.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €776 | €765 | -€11 | -1.4% |
| Recurring financial charges | 65 | €776 | €765 | -€11 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€82,046 | -€64,294 | +€17,752 | +21.6% |
| Profit (loss) for the period | 9904 | -€82,046 | -€64,294 | +€17,752 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,046 | -€64,294 | +€17,752 | +21.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.