cp.eu: 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.
cp.eu
Largest movements
- Receivables within one year +€258,808
up €258,808 (+231%), from €112,269 to €371,077
of which Other amounts receivable: +€249,501
- Tangible fixed assets +€87,548
up €87,548 (+1,145%), from €7,643 to €95,191
- Cash -€43,039
down €43,039 (-15.5%), from €276,914 to €233,875
mainly Receivables within one year (-€258,808) and Contributions, distributions and other (-€250,000)
- Receivables after one year -€18,500
no longer reported in 2025 (was €18,500)
- Reserves +€96,500
up €96,500 (+106%), from €90,658 to €187,158
of which Distributable reserves: +€96,500
- Other debts +€70,507
up €70,507 (+33.8%), from €208,341 to €278,848
- Debts after one year +€68,216
up €68,216 (+85.3%), from €80,000 to €148,216
of which Financial debts: +€68,216
- Tax, wage and social debts +€24,770
up €24,770 (+187%), from €13,246 to €38,016
of which Taxes: +€16,246
- Current portion of long-term debt +€17,595
new in 2025: €17,595
- Financial income +€251,002
up €251,002 (+25,100,200%), from €1 to €251,003
- Gross operating margin +€43,087
up €43,087 (+40.8%), from €105,530 to €148,617
- Depreciation +€14,044
up €14,044 (+1,236%), from €1,136 to €15,180
- Taxes +€8,781
up €8,781 (+46.8%), from €18,765 to €27,546
- Financial charges +€2,824
up €2,824 (+43.3%), from €6,518 to €9,342
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 | €522,843 | €808,525 | +€285,682 | +54.6% |
| Fixed assets | 21/28 | €114,280 | €201,828 | +€87,548 | +76.6% |
| Tangible fixed assets | 22/27 | €7,643 | €95,191 | +€87,548 | +1,145% |
| Furniture and vehicles | 24 | €7,643 | €95,191 | +€87,548 | +1,145% |
| Financial fixed assets | 28 | €106,637 | €106,637 | = | 0.0% |
| Current assets | 29/58 | €408,563 | €606,697 | +€198,134 | +48.5% |
| Amounts receivable after more than one year | 29 | €18,500 | - | -€18,500 | |
| Other amounts receivable | 291 | €18,500 | - | -€18,500 | |
| Amounts receivable within one year | 40/41 | €112,269 | €371,077 | +€258,808 | +231% |
| Trade receivables | 40 | €112,269 | €121,576 | +€9,307 | +8.3% |
| Other amounts receivable | 41 | - | €249,501 | +€249,501 | |
| Cash at bank and in hand | 54/58 | €276,914 | €233,875 | -€43,039 | -15.5% |
| Deferred charges and accrued income | 490/1 | €880 | €1,745 | +€865 | +98.3% |
| Total equity and liabilities | 10/49 | €522,843 | €808,525 | +€285,682 | +54.6% |
| Equity | 10/15 | €219,208 | €315,708 | +€96,500 | +44.0% |
| Contributions | 10/11 | €128,550 | €128,550 | = | 0.0% |
| Reserves | 13 | €90,658 | €187,158 | +€96,500 | +106% |
| Tax-exempt reserves | 132 | €11,732 | €11,732 | = | 0.0% |
| Distributable reserves | 133 | €78,926 | €175,426 | +€96,500 | +122% |
| Amounts payable | 17/49 | €303,635 | €492,817 | +€189,182 | +62.3% |
| Amounts payable after more than one year | 17 | €80,000 | €148,216 | +€68,216 | +85.3% |
| Financial debts | 170/4 | - | €68,216 | +€68,216 | |
| Other amounts payable | 178/9 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €223,635 | €344,601 | +€120,966 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | - | €17,595 | +€17,595 | |
| Trade debts | 44 | €2,048 | €10,142 | +€8,094 | +395% |
| Suppliers | 440/4 | €2,048 | €10,142 | +€8,094 | +395% |
| Taxes, remuneration and social security | 45 | €13,246 | €38,016 | +€24,770 | +187% |
| Taxes | 450/3 | €10,426 | €26,672 | +€16,246 | +156% |
| Remuneration and social security | 454/9 | €2,820 | €11,344 | +€8,524 | +302% |
| Other amounts payable | 47/48 | €208,341 | €278,848 | +€70,507 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,136 | €15,180 | +€14,044 | +1,236% |
| Other operating charges | 640/8 | €1,059 | €1,052 | -€7 | -0.7% |
| Gross operating margin | 9900 | €105,530 | €148,617 | +€43,087 | +40.8% |
| Operating profit (loss) | 9901 | €103,335 | €132,385 | +€29,050 | +28.1% |
| Financial income | 75/76B | €1 | €251,003 | +€251,002 | +25,100,200% |
| Recurring financial income | 75 | €1 | €251,003 | +€251,002 | +25,100,200% |
| Financial charges | 65/66B | €6,518 | €9,342 | +€2,824 | +43.3% |
| Recurring financial charges | 65 | €6,518 | €9,342 | +€2,824 | +43.3% |
| Profit (loss) for the period before taxes | 9903 | €96,818 | €374,046 | +€277,228 | +286% |
| Income taxes | 67/77 | €18,765 | €27,546 | +€8,781 | +46.8% |
| Profit (loss) for the period | 9904 | €78,053 | €346,500 | +€268,447 | +344% |
| Profit (loss) for the period to be appropriated | 9905 | €78,053 | €346,500 | +€268,447 | +344% |
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 17 October 2026 via checked.be.