CP MANAGMENT: 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 MANAGMENT
Largest movements
- Stocks and contracts -€157,938
no longer reported in 2025 (was €157,938)
- Cash +€32,217
up €32,217 (+71.5%), from €45,054 to €77,271
mainly Stocks and contracts (+€157,938) and Tax, wage and social debts (+€20,002)
- Receivables within one year -€17,049
down €17,049 (-45.3%), from €37,651 to €20,602
of which Trade receivables: -€12,398
- Tangible fixed assets -€6,246
down €6,246 (-37.5%), from €16,667 to €10,421
of which Furniture and vehicles: -€3,336
- Short-term financial debts -€140,000
no longer reported in 2025 (was €140,000)
- Other debts -€38,717
down €38,717 (-53.2%), from €72,794 to €34,077
- Tax, wage and social debts +€20,002
new in 2025: €20,002
- Profit (loss) carried forward +€10,108
up €10,108 (+15.8%), from -€64,147 to -€54,039
- Debts after one year -€4,265
down €4,265 (-6.4%), from €66,265 to €62,000
- Depreciation -€7,597
down €7,597 (-61.2%), from €12,413 to €4,817
- Financial charges -€1,696
down €1,696 (-14.0%), from €12,103 to €10,406
- Gross operating margin +€1,586
up €1,586 (+6.4%), from €24,797 to €26,383
- Other operating charges -€1,014
down €1,014 (-49.0%), from €2,068 to €1,054
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 | €261,582 | €110,831 | -€150,751 | -57.6% |
| Fixed assets | 21/28 | €18,887 | €10,421 | -€8,466 | -44.8% |
| Tangible fixed assets | 22/27 | €16,667 | €10,421 | -€6,246 | -37.5% |
| Land and buildings | 22 | €3,449 | €2,500 | -€949 | -27.5% |
| Plant, machinery and equipment | 23 | €5,897 | €3,935 | -€1,962 | -33.3% |
| Furniture and vehicles | 24 | €7,321 | €3,986 | -€3,336 | -45.6% |
| Financial fixed assets | 28 | €2,220 | - | -€2,220 | |
| Current assets | 29/58 | €242,694 | €100,410 | -€142,284 | -58.6% |
| Stocks and contracts in progress | 3 | €157,938 | - | -€157,938 | |
| Stocks | 30/36 | €157,938 | - | -€157,938 | |
| Amounts receivable within one year | 40/41 | €37,651 | €20,602 | -€17,049 | -45.3% |
| Trade receivables | 40 | €33,000 | €20,602 | -€12,398 | -37.6% |
| Other amounts receivable | 41 | €4,651 | - | -€4,651 | |
| Cash at bank and in hand | 54/58 | €45,054 | €77,271 | +€32,217 | +71.5% |
| Deferred charges and accrued income | 490/1 | €2,052 | €2,537 | +€486 | +23.7% |
| Total equity and liabilities | 10/49 | €261,582 | €110,831 | -€150,751 | -57.6% |
| Equity | 10/15 | -€31,117 | -€21,010 | +€10,108 | +32.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €13,029 | €13,029 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €11,029 | €11,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,147 | -€54,039 | +€10,108 | +15.8% |
| Amounts payable | 17/49 | €292,699 | €131,841 | -€160,858 | -55.0% |
| Amounts payable after more than one year | 17 | €66,265 | €62,000 | -€4,265 | -6.4% |
| Financial debts | 170/4 | €66,265 | €62,000 | -€4,265 | -6.4% |
| Amounts payable within one year | 42/48 | €226,434 | €69,841 | -€156,594 | -69.2% |
| Financial debts | 43 | €140,000 | - | -€140,000 | |
| Credit institutions | 430/8 | €140,000 | - | -€140,000 | |
| Trade debts | 44 | €12,641 | €15,762 | +€3,121 | +24.7% |
| Suppliers | 440/4 | €12,641 | €15,762 | +€3,121 | +24.7% |
| Advances received on contracts in progress | 46 | €1,000 | - | -€1,000 | |
| Taxes, remuneration and social security | 45 | - | €20,002 | +€20,002 | |
| Taxes | 450/3 | - | €20,002 | +€20,002 | |
| Other amounts payable | 47/48 | €72,794 | €34,077 | -€38,717 | -53.2% |
| Non-recurring operating income | 76A | €2,550 | €5,100 | +€2,550 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,413 | €4,817 | -€7,597 | -61.2% |
| Other operating charges | 640/8 | €2,068 | €1,054 | -€1,014 | -49.0% |
| Gross operating margin | 9900 | €24,797 | €26,383 | +€1,586 | +6.4% |
| Operating profit (loss) | 9901 | €10,316 | €20,513 | +€10,197 | +98.8% |
| Financial income | 75/76B | €72 | €1 | -€71 | -98.6% |
| Recurring financial income | 75 | €72 | €1 | -€71 | -98.6% |
| Financial charges | 65/66B | €12,103 | €10,406 | -€1,696 | -14.0% |
| Recurring financial charges | 65 | €12,103 | €10,406 | -€1,696 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,715 | €10,108 | +€11,822 | |
| Profit (loss) for the period | 9904 | -€1,715 | €10,108 | +€11,822 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,715 | €10,108 | +€11,822 |
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 22 October 2026 via checked.be.