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 -€10,000
down €10,000 (-19.7%), from €50,833 to €40,833
- Cash +€8,443
up €8,443 (+11.8%), from €71,821 to €80,264
mainly Net result for the year (+€11,313) and Depreciation (+€10,000)
- Receivables within one year -€6,231
no longer reported in 2025 (was €6,231)
of which Trade receivables: -€5,910
- Debts after one year -€15,395
down €15,395 (-22.4%), from €68,805 to €53,410
- Profit (loss) carried forward +€5,482
no longer reported in 2025 (was -€5,482)
- Gross operating margin +€1,342
up €1,342 (+3.6%), from €36,879 to €38,222
- Financial charges -€824
down €824 (-15.8%), from €5,227 to €4,404
- Taxes +€714
up €714 (+18.6%), from €3,835 to €4,549
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 | €128,885 | €121,097 | -€7,788 | -6.0% |
| Fixed assets | 21/28 | €50,833 | €40,833 | -€10,000 | -19.7% |
| Tangible fixed assets | 22/27 | €50,833 | €40,833 | -€10,000 | -19.7% |
| Land and buildings | 22 | €50,833 | €40,833 | -€10,000 | -19.7% |
| Current assets | 29/58 | €78,052 | €80,264 | +€2,212 | +2.8% |
| Amounts receivable within one year | 40/41 | €6,231 | - | -€6,231 | |
| Trade receivables | 40 | €5,910 | - | -€5,910 | |
| Other amounts receivable | 41 | €321 | - | -€321 | |
| Cash at bank and in hand | 54/58 | €71,821 | €80,264 | +€8,443 | +11.8% |
| Total equity and liabilities | 10/49 | €128,885 | €121,097 | -€7,788 | -6.0% |
| Equity | 10/15 | €40,689 | €46,891 | +€6,202 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,971 | €40,691 | +€720 | +1.8% |
| Distributable reserves | 133 | €39,971 | €40,691 | +€720 | +1.8% |
| Profit (loss) carried forward | 14 | -€5,482 | - | +€5,482 | |
| Amounts payable | 17/49 | €88,197 | €74,207 | -€13,990 | -15.9% |
| Amounts payable after more than one year | 17 | €68,805 | €53,410 | -€15,395 | -22.4% |
| Financial debts | 170/4 | €68,805 | €53,410 | -€15,395 | -22.4% |
| Amounts payable within one year | 42/48 | €19,392 | €20,797 | +€1,405 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €14,539 | €15,395 | +€857 | +5.9% |
| Taxes, remuneration and social security | 45 | - | €549 | +€549 | |
| Taxes | 450/3 | - | €549 | +€549 | |
| Other amounts payable | 47/48 | €4,853 | €4,853 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,000 | €10,000 | = | 0.0% |
| Other operating charges | 640/8 | €8,312 | €7,956 | -€356 | -4.3% |
| Gross operating margin | 9900 | €36,879 | €38,222 | +€1,342 | +3.6% |
| Operating profit (loss) | 9901 | €18,568 | €20,266 | +€1,698 | +9.1% |
| Financial charges | 65/66B | €5,227 | €4,404 | -€824 | -15.8% |
| Recurring financial charges | 65 | €5,227 | €4,404 | -€824 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €13,340 | €15,862 | +€2,522 | +18.9% |
| Income taxes | 67/77 | €3,835 | €4,549 | +€714 | +18.6% |
| Profit (loss) for the period | 9904 | €9,505 | €11,313 | +€1,808 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,505 | €11,313 | +€1,808 | +19.0% |
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 17 October 2026 via checked.be.