CP-MANAGEMENT: 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-MANAGEMENT
Largest movements
- Cash -€52,396
down €52,396 (-36.3%), from €144,335 to €91,939
mainly Contributions, distributions and other (-€136,000) and Current investments (-€50,000)
- Current investments +€50,000
up €50,000 (+25.0%), from €200,000 to €250,000
- Profit (loss) carried forward -€13,421
down €13,421 (-20.9%), from €64,244 to €50,823
- Other debts +€8,094
up €8,094 (+2.3%), from €357,439 to €365,533
- Gross operating margin +€3,075
up €3,075 (+1.9%), from €162,576 to €165,650
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 | €432,959 | €427,295 | -€5,664 | -1.3% |
| Fixed assets | 21/28 | €3,514 | €3,617 | +€103 | +2.9% |
| Tangible fixed assets | 22/27 | €3,514 | €3,617 | +€103 | +2.9% |
| Furniture and vehicles | 24 | €3,514 | €3,617 | +€103 | +2.9% |
| Current assets | 29/58 | €429,445 | €423,677 | -€5,767 | -1.3% |
| Amounts receivable within one year | 40/41 | €83,109 | €81,738 | -€1,371 | -1.6% |
| Trade receivables | 40 | €21,644 | €15,000 | -€6,644 | -30.7% |
| Other amounts receivable | 41 | €61,465 | €66,738 | +€5,273 | +8.6% |
| Current investments | 50/53 | €200,000 | €250,000 | +€50,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €144,335 | €91,939 | -€52,396 | -36.3% |
| Deferred charges and accrued income | 490/1 | €2,000 | - | -€2,000 | |
| Total equity and liabilities | 10/49 | €432,959 | €427,295 | -€5,664 | -1.3% |
| Equity | 10/15 | €72,304 | €58,883 | -€13,421 | -18.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,244 | €50,823 | -€13,421 | -20.9% |
| Amounts payable | 17/49 | €360,655 | €368,412 | +€7,756 | +2.2% |
| Amounts payable within one year | 42/48 | €360,655 | €368,412 | +€7,756 | +2.2% |
| Trade debts | 44 | €2,789 | €184 | -€2,605 | -93.4% |
| Suppliers | 440/4 | €2,789 | €184 | -€2,605 | -93.4% |
| Taxes, remuneration and social security | 45 | €427 | €2,694 | +€2,268 | +531.5% |
| Taxes | 450/3 | €427 | €2,694 | +€2,268 | +531.5% |
| Other amounts payable | 47/48 | €357,439 | €365,533 | +€8,094 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,470 | €1,472 | -€997 | -40.4% |
| Other operating charges | 640/8 | €384 | €505 | +€121 | +31.4% |
| Gross operating margin | 9900 | €162,576 | €165,650 | +€3,075 | +1.9% |
| Operating profit (loss) | 9901 | €159,722 | €163,673 | +€3,951 | +2.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €108 | €104 | -€4 | -4.0% |
| Recurring financial charges | 65 | €108 | €104 | -€4 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €159,614 | €163,569 | +€3,955 | +2.5% |
| Income taxes | 67/77 | €39,963 | €40,990 | +€1,027 | +2.6% |
| Profit (loss) for the period | 9904 | €119,651 | €122,579 | +€2,928 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €119,651 | €122,579 | +€2,928 | +2.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.