CP: 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.
CP
Largest movements
- Cash -€16,182
down €16,182 (-69.0%), from €23,458 to €7,276
mainly Net result for the year (-€19,580) and Debts after one year (-€3,000)
- Receivables within one year -€3,014
down €3,014 (-39.5%), from €7,628 to €4,615
of which Trade receivables: -€4,876
- Profit (loss) carried forward -€19,580
down €19,580 (-184.6%), from -€10,608 to -€30,188
- Trade debts +€9,663
up €9,663 (+47.1%), from €20,523 to €30,186
- Debts after one year -€3,000
down €3,000 (-11.1%), from €27,000 to €24,000
- Tax, wage and social debts -€2,479
down €2,479 (-94.2%), from €2,630 to €152
of which Remuneration and social security: -€1,812
- Accrued charges and deferred income -€2,171
no longer reported in 2025 (was €2,171)
- Gross operating margin -€44,893
down €44,893, from €33,550 to -€11,344
- Staff costs -€17,745
down €17,745 (-67.6%), from €26,258 to €8,513
- Financial charges -€4,316
down €4,316, from €2,378 to -€1,938
- Other operating charges -€2,580
down €2,580 (-69.3%), from €3,724 to €1,144
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 | €82,606 | €62,966 | -€19,641 | -23.8% |
| Fixed assets | 21/28 | €50,475 | €50,695 | +€219 | +0.4% |
| Tangible fixed assets | 22/27 | €475 | €695 | +€219 | +46.2% |
| Plant, machinery and equipment | 23 | €475 | €203 | -€272 | -57.2% |
| Furniture and vehicles | 24 | - | €491 | +€491 | |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €32,131 | €12,271 | -€19,860 | -61.8% |
| Stocks and contracts in progress | 3 | - | €150 | +€150 | |
| Stocks | 30/36 | - | €150 | +€150 | |
| Amounts receivable within one year | 40/41 | €7,628 | €4,615 | -€3,014 | -39.5% |
| Trade receivables | 40 | €7,628 | €2,752 | -€4,876 | -63.9% |
| Other amounts receivable | 41 | - | €1,863 | +€1,863 | |
| Cash at bank and in hand | 54/58 | €23,458 | €7,276 | -€16,182 | -69.0% |
| Deferred charges and accrued income | 490/1 | €1,045 | €230 | -€814 | -78.0% |
| Total equity and liabilities | 10/49 | €82,606 | €62,966 | -€19,641 | -23.8% |
| Equity | 10/15 | €27,692 | €8,112 | -€19,580 | -70.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €37,300 | €37,300 | = | 0.0% |
| Distributable reserves | 133 | €37,300 | €37,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,608 | -€30,188 | -€19,580 | -184.6% |
| Amounts payable | 17/49 | €54,914 | €54,853 | -€61 | -0.1% |
| Amounts payable after more than one year | 17 | €27,000 | €24,000 | -€3,000 | -11.1% |
| Financial debts | 170/4 | €27,000 | €24,000 | -€3,000 | -11.1% |
| Amounts payable within one year | 42/48 | €25,743 | €30,853 | +€5,110 | +19.9% |
| Trade debts | 44 | €20,523 | €30,186 | +€9,663 | +47.1% |
| Suppliers | 440/4 | €20,523 | €30,186 | +€9,663 | +47.1% |
| Taxes, remuneration and social security | 45 | €2,630 | €152 | -€2,479 | -94.2% |
| Taxes | 450/3 | €666 | - | -€666 | |
| Remuneration and social security | 454/9 | €1,964 | €152 | -€1,812 | -92.3% |
| Other amounts payable | 47/48 | €2,590 | €516 | -€2,074 | -80.1% |
| Accrued charges and deferred income | 492/3 | €2,171 | - | -€2,171 | |
| Remuneration, social security and pensions | 62 | €26,258 | €8,513 | -€17,745 | -67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | €518 | +€245 | +90.0% |
| Other operating charges | 640/8 | €3,724 | €1,144 | -€2,580 | -69.3% |
| Gross operating margin | 9900 | €33,550 | -€11,344 | -€44,893 | |
| Operating profit (loss) | 9901 | €3,295 | -€21,518 | -€24,813 | |
| Financial charges | 65/66B | €2,378 | -€1,938 | -€4,316 | |
| Recurring financial charges | 65 | €2,378 | -€1,938 | -€4,316 | |
| Profit (loss) for the period before taxes | 9903 | €917 | -€19,580 | -€20,497 | |
| Profit (loss) for the period | 9904 | €917 | -€19,580 | -€20,497 | |
| Profit (loss) for the period to be appropriated | 9905 | €917 | -€19,580 | -€20,497 |
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 7 October 2026 via checked.be.