CEPI-Consulting: 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.
CEPI-Consulting
Largest movements
- Tangible fixed assets +€328,244
up €328,244 (+727%), from €45,128 to €373,372
of which Land and buildings: +€342,822
- Current investments -€99,604
down €99,604 (-55.3%), from €179,968 to €80,364
- Cash +€90,636
up €90,636 (+290%), from €31,300 to €121,936
mainly Debts after one year (+€200,535) and Current investments (+€99,604)
- Receivables within one year +€18,910
new in 2025: €18,910
- Debts after one year +€200,535
new in 2025: €200,535
- Reserves +€199,719
up €199,719 (+1,997%), from €10,000 to €209,719
- Profit (loss) carried forward -€178,941
no longer reported in 2025 (was €178,941)
- Trade debts +€82,826
new in 2025: €82,826
- Other debts +€55,959
up €55,959 (+250%), from €22,356 to €78,315
- Depreciation +€45,887
up €45,887 (+268%), from €17,151 to €63,038
- Staff costs -€35,237
no longer reported in 2025 (was €35,237)
- Taxes -€22,629
down €22,629 (-70.2%), from €32,249 to €9,620
- Gross operating margin -€13,699
down €13,699 (-12.3%), from €111,179 to €97,480
- Other operating charges +€1,821
new in 2025: €1,821
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 | €256,396 | €596,292 | +€339,896 | +133% |
| Fixed assets | 21/28 | €45,128 | €373,372 | +€328,244 | +727% |
| Tangible fixed assets | 22/27 | €45,128 | €373,372 | +€328,244 | +727% |
| Land and buildings | 22 | - | €342,822 | +€342,822 | |
| Plant, machinery and equipment | 23 | - | €926 | +€926 | |
| Furniture and vehicles | 24 | €45,128 | €29,624 | -€15,504 | -34.4% |
| Current assets | 29/58 | €211,268 | €222,921 | +€11,653 | +5.5% |
| Amounts receivable within one year | 40/41 | - | €18,910 | +€18,910 | |
| Other amounts receivable | 41 | - | €18,910 | +€18,910 | |
| Current investments | 50/53 | €179,968 | €80,364 | -€99,604 | -55.3% |
| Cash at bank and in hand | 54/58 | €31,300 | €121,936 | +€90,636 | +290% |
| Deferred charges and accrued income | 490/1 | - | €1,710 | +€1,710 | |
| Total equity and liabilities | 10/49 | €256,396 | €596,292 | +€339,896 | +133% |
| Equity | 10/15 | €189,941 | €210,719 | +€20,778 | +10.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €209,719 | +€199,719 | +1,997% |
| Distributable reserves | 133 | €10,000 | €209,719 | +€199,719 | +1,997% |
| Profit (loss) carried forward | 14 | €178,941 | - | -€178,941 | |
| Amounts payable | 17/49 | €66,455 | €385,574 | +€319,119 | +480% |
| Amounts payable after more than one year | 17 | - | €200,535 | +€200,535 | |
| Financial debts | 170/4 | - | €200,535 | +€200,535 | |
| Amounts payable within one year | 42/48 | €66,455 | €182,022 | +€115,567 | +174% |
| Current portion of amounts payable after more than one year | 42 | - | €7,603 | +€7,603 | |
| Trade debts | 44 | - | €82,826 | +€82,826 | |
| Suppliers | 440/4 | - | €82,826 | +€82,826 | |
| Taxes, remuneration and social security | 45 | €44,099 | €13,278 | -€30,821 | -69.9% |
| Taxes | 450/3 | - | €13,278 | +€13,278 | |
| Remuneration and social security | 454/9 | €44,099 | - | -€44,099 | |
| Other amounts payable | 47/48 | €22,356 | €78,315 | +€55,959 | +250% |
| Accrued charges and deferred income | 492/3 | - | €3,017 | +€3,017 | |
| Remuneration, social security and pensions | 62 | €35,237 | - | -€35,237 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,151 | €63,038 | +€45,887 | +268% |
| Other operating charges | 640/8 | - | €1,821 | +€1,821 | |
| Gross operating margin | 9900 | €111,179 | €97,480 | -€13,699 | -12.3% |
| Operating profit (loss) | 9901 | €58,791 | €32,621 | -€26,170 | -44.5% |
| Financial income | 75/76B | €1,849 | €3,161 | +€1,312 | +70.9% |
| Recurring financial income | 75 | €1,849 | €3,161 | +€1,312 | +70.9% |
| Financial charges | 65/66B | €5,887 | €5,385 | -€502 | -8.5% |
| Recurring financial charges | 65 | €5,887 | €5,385 | -€502 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €54,753 | €30,397 | -€24,356 | -44.5% |
| Income taxes | 67/77 | €32,249 | €9,620 | -€22,629 | -70.2% |
| Profit (loss) for the period | 9904 | €22,504 | €20,778 | -€1,726 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,504 | €20,778 | -€1,726 | -7.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.