CP MANAGEMENT: 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 MANAGEMENT
Largest movements
- Tangible fixed assets +€20,547
up €20,547 (+74.6%), from €27,531 to €48,078
- Receivables within one year +€4,787
up €4,787 (+323.7%), from €1,479 to €6,266
of which Other amounts receivable: +€2,571
- Cash -€2,052
down €2,052 (-47.2%), from €4,349 to €2,298
mainly Investment in fixed assets (net) (-€42,730) and Trade debts (-€31,078)
- Deferred charges and accrued income -€997
down €997 (-57.0%), from €1,749 to €752
- Other debts +€38,988
up €38,988 (+73.3%), from €53,196 to €92,184
- Trade debts -€31,078
down €31,078 (-90.6%), from €34,303 to €3,225
- Profit (loss) carried forward +€15,851
up €15,851 (+22.4%), from -€70,721 to -€54,870
- Tax, wage and social debts +€5,276
up €5,276 (+212.5%), from €2,483 to €7,760
- Current portion of long-term debt -€4,168
down €4,168 (-57.8%), from €7,218 to €3,049
- Gross operating margin +€62,137
up €62,137, from -€18,647 to €43,490
- Depreciation +€8,024
up €8,024 (+56.7%), from €14,158 to €22,183
- Other operating charges +€2,483
up €2,483 (+107.4%), from €2,313 to €4,796
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 | €35,728 | €58,014 | +€22,286 | +62.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €28,151 | €48,698 | +€20,547 | +73.0% |
| Tangible fixed assets | 22/27 | €27,531 | €48,078 | +€20,547 | +74.6% |
| Furniture and vehicles | 24 | €27,531 | €48,078 | +€20,547 | +74.6% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €7,577 | €9,316 | +€1,739 | +23.0% |
| Amounts receivable within one year | 40/41 | €1,479 | €6,266 | +€4,787 | +323.7% |
| Trade receivables | 40 | - | €2,216 | +€2,216 | |
| Other amounts receivable | 41 | €1,479 | €4,050 | +€2,571 | +173.8% |
| Cash at bank and in hand | 54/58 | €4,349 | €2,298 | -€2,052 | -47.2% |
| Deferred charges and accrued income | 490/1 | €1,749 | €752 | -€997 | -57.0% |
| Total equity and liabilities | 10/49 | €35,728 | €58,014 | +€22,286 | +62.4% |
| Equity | 10/15 | -€64,521 | -€48,670 | +€15,851 | +24.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,721 | -€54,870 | +€15,851 | +22.4% |
| Amounts payable | 17/49 | €100,249 | €106,684 | +€6,435 | +6.4% |
| Amounts payable after more than one year | 17 | €3,049 | - | -€3,049 | |
| Financial debts | 170/4 | €3,049 | - | -€3,049 | |
| Amounts payable within one year | 42/48 | €97,200 | €106,218 | +€9,018 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €7,218 | €3,049 | -€4,168 | -57.8% |
| Trade debts | 44 | €34,303 | €3,225 | -€31,078 | -90.6% |
| Suppliers | 440/4 | €34,303 | €3,225 | -€31,078 | -90.6% |
| Taxes, remuneration and social security | 45 | €2,483 | €7,760 | +€5,276 | +212.5% |
| Taxes | 450/3 | €2,483 | €7,760 | +€5,276 | +212.5% |
| Other amounts payable | 47/48 | €53,196 | €92,184 | +€38,988 | +73.3% |
| Accrued charges and deferred income | 492/3 | - | €467 | +€467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,158 | €22,183 | +€8,024 | +56.7% |
| Other operating charges | 640/8 | €2,313 | €4,796 | +€2,483 | +107.4% |
| Gross operating margin | 9900 | -€18,647 | €43,490 | +€62,137 | |
| Operating profit (loss) | 9901 | -€35,118 | €16,511 | +€51,629 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €463 | €265 | -€198 | -42.8% |
| Recurring financial charges | 65 | €463 | €265 | -€198 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | -€35,581 | €16,249 | +€51,829 | |
| Income taxes | 67/77 | €388 | €398 | +€10 | +2.6% |
| Profit (loss) for the period | 9904 | -€35,968 | €15,851 | +€51,819 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,968 | €15,851 | +€51,819 |
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.