CP&L: 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&L
Largest movements
- Cash +€55,687
up €55,687 (+6.7%), from €830,742 to €886,429
mainly Net result for the year (+€73,003) and Receivables within one year (+€5,683)
- Reserves +€50,000
up €50,000 (+6.0%), from €834,657 to €884,657
of which Distributable reserves: +€50,000
- Gross operating margin -€43,309
down €43,309 (-30.9%), from €140,064 to €96,755
- Taxes -€7,611
down €7,611 (-16.6%), from €45,776 to €38,165
- Financial income -€2,560
down €2,560 (-10.2%), from €25,025 to €22,465
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 | €871,918 | €921,317 | +€49,398 | +5.7% |
| Fixed assets | 21/28 | €1,438 | €829 | -€610 | -42.4% |
| Tangible fixed assets | 22/27 | €1,438 | €829 | -€610 | -42.4% |
| Plant, machinery and equipment | 23 | €1,438 | €829 | -€610 | -42.4% |
| Current assets | 29/58 | €870,480 | €920,488 | +€50,008 | +5.7% |
| Amounts receivable within one year | 40/41 | €36,647 | €30,964 | -€5,683 | -15.5% |
| Trade receivables | 40 | €36,647 | €30,565 | -€6,082 | -16.6% |
| Other amounts receivable | 41 | - | €399 | +€399 | |
| Cash at bank and in hand | 54/58 | €830,742 | €886,429 | +€55,687 | +6.7% |
| Deferred charges and accrued income | 490/1 | €3,091 | €3,095 | +€4 | +0.1% |
| Total equity and liabilities | 10/49 | €871,918 | €921,317 | +€49,398 | +5.7% |
| Equity | 10/15 | €854,848 | €904,850 | +€50,003 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €834,657 | €884,657 | +€50,000 | +6.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €832,797 | €882,797 | +€50,000 | +6.0% |
| Profit (loss) carried forward | 14 | €1,590 | €1,593 | +€3 | +0.2% |
| Amounts payable | 17/49 | €17,071 | €16,466 | -€604 | -3.5% |
| Amounts payable within one year | 42/48 | €17,059 | €16,466 | -€592 | -3.5% |
| Trade debts | 44 | €758 | €4,002 | +€3,244 | +427.9% |
| Suppliers | 440/4 | €758 | €4,002 | +€3,244 | +427.9% |
| Taxes, remuneration and social security | 45 | €15,995 | €12,464 | -€3,530 | -22.1% |
| Taxes | 450/3 | €15,995 | €12,464 | -€3,530 | -22.1% |
| Other amounts payable | 47/48 | €306 | €0 | -€306 | -100.0% |
| Accrued charges and deferred income | 492/3 | €12 | €0 | -€12 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347 | €610 | +€262 | +75.5% |
| Other operating charges | 640/8 | €8,053 | €7,219 | -€835 | -10.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €140,064 | €96,755 | -€43,309 | -30.9% |
| Operating profit (loss) | 9901 | €131,663 | €88,927 | -€42,736 | -32.5% |
| Financial income | 75/76B | €25,025 | €22,465 | -€2,560 | -10.2% |
| Recurring financial income | 75 | €25,025 | €22,465 | -€2,560 | -10.2% |
| Financial charges | 65/66B | €183 | €224 | +€41 | +22.5% |
| Recurring financial charges | 65 | €183 | €224 | +€41 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €156,505 | €111,167 | -€45,337 | -29.0% |
| Income taxes | 67/77 | €45,776 | €38,165 | -€7,611 | -16.6% |
| Profit (loss) for the period | 9904 | €110,729 | €73,003 | -€37,726 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €110,729 | €73,003 | -€37,726 | -34.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.