CEMPA: 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.
CEMPA
Largest movements
- Cash +€26,568
up €26,568 (+56.5%), from €47,018 to €73,586
mainly Other debts (+€50,000) and Net result for the year (+€30,603)
- Tangible fixed assets -€9,950
down €9,950 (-23.4%), from €42,458 to €32,507
of which Leasing and similar rights: -€5,370
- Financial fixed assets -€8,250
down €8,250 (-100.0%), from €8,250 to €0
- Deferred charges and accrued income +€2,875
up €2,875 (+191.9%), from €1,498 to €4,373
- Receivables within one year +€2,157
up €2,157, from €0 to €2,157
- Other debts +€50,000
up €50,000 (+2857.1%), from €1,750 to €51,750
- Reserves -€19,397
down €19,397 (-69.7%), from €27,814 to €8,417
of which Distributable reserves: -€19,397
- Debts after one year -€6,705
down €6,705 (-38.7%), from €17,332 to €10,627
- Current portion of long-term debt -€5,335
down €5,335 (-44.3%), from €12,040 to €6,705
- Tax, wage and social debts -€4,842
down €4,842 (-23.0%), from €21,023 to €16,180
of which Taxes: -€4,324
- Gross operating margin -€45,447
down €45,447 (-27.1%), from €167,835 to €122,388
- Financial charges +€11,481
up €11,481 (+982.9%), from €1,168 to €12,649
- Taxes +€7,631
up €7,631 (+3595.5%), from €212 to €7,843
- Staff costs +€2,200
up €2,200 (+3.8%), from €58,151 to €60,351
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.
Cash bridge derived
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 | €99,224 | €112,623 | +€13,399 | +13.5% |
| Fixed assets | 21/28 | €50,708 | €32,507 | -€18,200 | -35.9% |
| Tangible fixed assets | 22/27 | €42,458 | €32,507 | -€9,950 | -23.4% |
| Plant, machinery and equipment | 23 | €2,638 | €1,979 | -€660 | -25.0% |
| Furniture and vehicles | 24 | €15,589 | €11,668 | -€3,921 | -25.2% |
| Leasing and similar rights | 25 | €21,481 | €16,111 | -€5,370 | -25.0% |
| Other tangible fixed assets | 26 | €2,750 | €2,750 | = | 0.0% |
| Financial fixed assets | 28 | €8,250 | €0 | -€8,250 | -100.0% |
| Current assets | 29/58 | €48,516 | €80,116 | +€31,600 | +65.1% |
| Amounts receivable within one year | 40/41 | €0 | €2,157 | +€2,157 | |
| Other amounts receivable | 41 | €0 | €2,157 | +€2,157 | |
| Cash at bank and in hand | 54/58 | €47,018 | €73,586 | +€26,568 | +56.5% |
| Deferred charges and accrued income | 490/1 | €1,498 | €4,373 | +€2,875 | +191.9% |
| Total equity and liabilities | 10/49 | €99,224 | €112,623 | +€13,399 | +13.5% |
| Equity | 10/15 | €46,414 | €27,017 | -€19,397 | -41.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,814 | €8,417 | -€19,397 | -69.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €27,814 | €8,417 | -€19,397 | -69.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,810 | €85,606 | +€32,796 | +62.1% |
| Amounts payable after more than one year | 17 | €17,332 | €10,627 | -€6,705 | -38.7% |
| Financial debts | 170/4 | €17,332 | €10,627 | -€6,705 | -38.7% |
| Amounts payable within one year | 42/48 | €35,478 | €74,979 | +€39,501 | +111.3% |
| Current portion of amounts payable after more than one year | 42 | €12,040 | €6,705 | -€5,335 | -44.3% |
| Trade debts | 44 | €666 | €344 | -€322 | -48.4% |
| Suppliers | 440/4 | €666 | €344 | -€322 | -48.4% |
| Taxes, remuneration and social security | 45 | €21,023 | €16,180 | -€4,842 | -23.0% |
| Taxes | 450/3 | €10,374 | €6,050 | -€4,324 | -41.7% |
| Remuneration and social security | 454/9 | €10,649 | €10,131 | -€518 | -4.9% |
| Other amounts payable | 47/48 | €1,750 | €51,750 | +€50,000 | +2857.1% |
| Remuneration, social security and pensions | 62 | €58,151 | €60,351 | +€2,200 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,950 | €9,950 | = | 0.0% |
| Other operating charges | 640/8 | €1,863 | €991 | -€871 | -46.8% |
| Non-recurring operating charges | 66A | €2,883 | €0 | -€2,883 | -100.0% |
| Gross operating margin | 9900 | €167,835 | €122,388 | -€45,447 | -27.1% |
| Operating profit (loss) | 9901 | €94,989 | €51,096 | -€43,893 | -46.2% |
| Financial charges | 65/66B | €1,168 | €12,649 | +€11,481 | +982.9% |
| Recurring financial charges | 65 | €1,168 | €12,649 | +€11,481 | +982.9% |
| Profit (loss) for the period before taxes | 9903 | €93,820 | €38,447 | -€55,374 | -59.0% |
| Income taxes | 67/77 | €212 | €7,843 | +€7,631 | +3595.5% |
| Profit (loss) for the period | 9904 | €93,608 | €30,603 | -€63,005 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,608 | €30,603 | -€63,005 | -67.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.