C'PORT: 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'PORT
Largest movements
- Current investments -€75,000
down €75,000 (-100%), from €75,000 to €0
- Cash -€59,105
down €59,105 (-14.7%), from €402,585 to €343,480
mainly Other debts (-€166,593) and Tax, wage and social debts (-€3,262)
- Other debts -€166,593
down €166,593 (-80.5%), from €206,850 to €40,258
- Reserves +€30,332
up €30,332 (+11.9%), from €255,767 to €286,100
of which Distributable reserves: +€30,332
- Gross operating margin -€17,706
down €17,706 (-11.4%), from €155,938 to €138,232
- Taxes -€3,704
down €3,704 (-19.7%), from €18,826 to €15,122
- Financial income +€2,653
up €2,653 (+119%), from €2,222 to €4,875
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 | €504,068 | €368,221 | -€135,846 | -27.0% |
| Fixed assets | 21/28 | €9,071 | €6,571 | -€2,500 | -27.6% |
| Tangible fixed assets | 22/27 | €9,071 | €6,571 | -€2,500 | -27.6% |
| Plant, machinery and equipment | 23 | €4,780 | €2,925 | -€1,855 | -38.8% |
| Furniture and vehicles | 24 | €507 | €287 | -€220 | -43.4% |
| Other tangible fixed assets | 26 | €3,784 | €3,360 | -€425 | -11.2% |
| Current assets | 29/58 | €494,997 | €361,650 | -€133,347 | -26.9% |
| Stocks and contracts in progress | 3 | €11,747 | €11,472 | -€276 | -2.3% |
| Stocks | 30/36 | €11,747 | €11,472 | -€276 | -2.3% |
| Amounts receivable within one year | 40/41 | €3,498 | €4,474 | +€976 | +27.9% |
| Trade receivables | 40 | €0 | €1,659 | +€1,659 | |
| Other amounts receivable | 41 | €3,498 | €2,815 | -€683 | -19.5% |
| Current investments | 50/53 | €75,000 | €0 | -€75,000 | -100% |
| Cash at bank and in hand | 54/58 | €402,585 | €343,480 | -€59,105 | -14.7% |
| Deferred charges and accrued income | 490/1 | €2,167 | €2,225 | +€58 | +2.7% |
| Total equity and liabilities | 10/49 | €504,068 | €368,221 | -€135,846 | -27.0% |
| Equity | 10/15 | €275,767 | €306,100 | +€30,332 | +11.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €255,767 | €286,100 | +€30,332 | +11.9% |
| Non-distributable reserves | 130/1 | €1,935 | €1,935 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,935 | €1,935 | = | 0.0% |
| Distributable reserves | 133 | €253,833 | €284,165 | +€30,332 | +11.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €228,300 | €62,122 | -€166,179 | -72.8% |
| Amounts payable within one year | 42/48 | €228,300 | €59,337 | -€168,963 | -74.0% |
| Trade debts | 44 | €6,689 | €7,581 | +€892 | +13.3% |
| Suppliers | 440/4 | €6,689 | €7,581 | +€892 | +13.3% |
| Taxes, remuneration and social security | 45 | €14,761 | €11,499 | -€3,262 | -22.1% |
| Taxes | 450/3 | €12,443 | €11,499 | -€944 | -7.6% |
| Remuneration and social security | 454/9 | €2,318 | €0 | -€2,318 | -100% |
| Other amounts payable | 47/48 | €206,850 | €40,258 | -€166,593 | -80.5% |
| Accrued charges and deferred income | 492/3 | - | €2,784 | +€2,784 | |
| Remuneration, social security and pensions | 62 | €93,349 | €91,865 | -€1,485 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,804 | €2,500 | -€1,304 | -34.3% |
| Other operating charges | 640/8 | €1,104 | €1,125 | +€21 | +1.9% |
| Gross operating margin | 9900 | €155,938 | €138,232 | -€17,706 | -11.4% |
| Operating profit (loss) | 9901 | €57,681 | €42,743 | -€14,938 | -25.9% |
| Financial income | 75/76B | €2,222 | €4,875 | +€2,653 | +119% |
| Recurring financial income | 75 | €2,222 | €4,875 | +€2,653 | +119% |
| Financial charges | 65/66B | €1,060 | €498 | -€562 | -53.0% |
| Recurring financial charges | 65 | €1,060 | €498 | -€562 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €58,843 | €47,120 | -€11,722 | -19.9% |
| Income taxes | 67/77 | €18,826 | €15,122 | -€3,704 | -19.7% |
| Profit (loss) for the period | 9904 | €40,016 | €31,998 | -€8,018 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,016 | €31,998 | -€8,018 | -20.0% |
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 31 October 2026 via checked.be.