CEPE: 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.
CEPE
Largest movements
- Deferred charges and accrued income +€8,553
up €8,553, from €0 to €8,553
- Cash +€3,207
up €3,207 (+753.3%), from €426 to €3,633
mainly Net result for the year (+€13,890) and Receivables within one year (+€2,871)
- Receivables within one year -€2,871
down €2,871 (-100.0%), from €2,871 to €0
- Profit (loss) carried forward +€13,890
up €13,890 (+9.0%), from -€154,098 to -€140,209
- Other debts -€5,000
down €5,000 (-5.5%), from €91,264 to €86,264
- Gross operating margin +€4,439
up €4,439 (+39.6%), from €11,206 to €15,645
- Financial income +€2,531
new in 2025: €2,531
- Other operating charges -€255
down €255 (-5.7%), from €4,488 to €4,232
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 | €202,262 | €211,152 | +€8,890 | +4.4% |
| Fixed assets | 21/28 | €198,966 | €198,966 | = | 0.0% |
| Tangible fixed assets | 22/27 | €184,616 | €184,616 | = | 0.0% |
| Land and buildings | 22 | €184,616 | €184,616 | = | 0.0% |
| Financial fixed assets | 28 | €14,350 | €14,350 | = | 0.0% |
| Current assets | 29/58 | €3,296 | €12,186 | +€8,890 | +269.7% |
| Amounts receivable within one year | 40/41 | €2,871 | €0 | -€2,871 | -100.0% |
| Other amounts receivable | 41 | €2,871 | €0 | -€2,871 | -100.0% |
| Cash at bank and in hand | 54/58 | €426 | €3,633 | +€3,207 | +753.3% |
| Deferred charges and accrued income | 490/1 | €0 | €8,553 | +€8,553 | |
| Total equity and liabilities | 10/49 | €202,262 | €211,152 | +€8,890 | +4.4% |
| Equity | 10/15 | €110,998 | €124,888 | +€13,890 | +12.5% |
| Contributions | 10/11 | €242,000 | €242,000 | = | 0.0% |
| Reserves | 13 | €23,096 | €23,096 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,096 | €23,096 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,096 | €23,096 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,098 | -€140,209 | +€13,890 | +9.0% |
| Amounts payable | 17/49 | €91,264 | €86,264 | -€5,000 | -5.5% |
| Amounts payable within one year | 42/48 | €91,264 | €86,264 | -€5,000 | -5.5% |
| Other amounts payable | 47/48 | €91,264 | €86,264 | -€5,000 | -5.5% |
| Other operating charges | 640/8 | €4,488 | €4,232 | -€255 | -5.7% |
| Gross operating margin | 9900 | €11,206 | €15,645 | +€4,439 | +39.6% |
| Operating profit (loss) | 9901 | €6,719 | €11,413 | +€4,694 | +69.9% |
| Financial income | 75/76B | - | €2,531 | +€2,531 | |
| Recurring financial income | 75 | - | €2,531 | +€2,531 | |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €6,668 | €13,890 | +€7,222 | +108.3% |
| Profit (loss) for the period | 9904 | €6,668 | €13,890 | +€7,222 | +108.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,668 | €13,890 | +€7,222 | +108.3% |
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 8 October 2026 via checked.be.