CP&P: 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&P
Largest movements
- Receivables within one year +€65,178
up €65,178 (+149%), from €43,606 to €108,785
of which Other amounts receivable: +€44,094
- Cash -€50,551
down €50,551 (-26.1%), from €193,895 to €143,344
mainly Contributions, distributions and other (-€92,143) and Receivables within one year (-€65,178)
- Tangible fixed assets +€45,910
up €45,910 (+99.2%), from €46,269 to €92,179
of which Furniture and vehicles: +€45,317
- Profit (loss) carried forward +€72,352
up €72,352 (+53.6%), from €134,930 to €207,282
- Debts after one year -€30,304
down €30,304 (-33.5%), from €90,454 to €60,149
- Current portion of long-term debt +€10,458
up €10,458 (+117%), from €8,929 to €19,386
- Tax, wage and social debts +€6,755
up €6,755 (+26.1%), from €25,866 to €32,621
- Accrued charges and deferred income +€4,746
up €4,746 (+39.0%), from €12,161 to €16,907
- Gross operating margin +€57,567
up €57,567 (+20.8%), from €276,851 to €334,418
- Staff costs -€47,221
down €47,221 (-42.5%), from €111,024 to €63,802
- Financial charges +€26,045
up €26,045 (+1,415%), from €1,841 to €27,886
- Taxes -€24,429
down €24,429 (-28.1%), from €87,049 to €62,621
- Depreciation +€8,644
up €8,644 (+210%), from €4,115 to €12,760
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 | €293,133 | €353,111 | +€59,977 | +20.5% |
| Fixed assets | 21/28 | €46,269 | €92,179 | +€45,910 | +99.2% |
| Tangible fixed assets | 22/27 | €46,269 | €92,179 | +€45,910 | +99.2% |
| Plant, machinery and equipment | 23 | €1,688 | €2,280 | +€592 | +35.1% |
| Furniture and vehicles | 24 | €44,581 | €89,898 | +€45,317 | +102% |
| Current assets | 29/58 | €246,864 | €260,932 | +€14,068 | +5.7% |
| Amounts receivable within one year | 40/41 | €43,606 | €108,785 | +€65,178 | +149% |
| Trade receivables | 40 | €14,455 | €35,539 | +€21,084 | +146% |
| Other amounts receivable | 41 | €29,152 | €73,246 | +€44,094 | +151% |
| Cash at bank and in hand | 54/58 | €193,895 | €143,344 | -€50,551 | -26.1% |
| Deferred charges and accrued income | 490/1 | €9,363 | €8,803 | -€559 | -6.0% |
| Total equity and liabilities | 10/49 | €293,133 | €353,111 | +€59,977 | +20.5% |
| Equity | 10/15 | €144,490 | €216,842 | +€72,352 | +50.1% |
| Contributions | 10/11 | €7,700 | €7,700 | = | 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 | €134,930 | €207,282 | +€72,352 | +53.6% |
| Amounts payable | 17/49 | €148,644 | €136,269 | -€12,375 | -8.3% |
| Amounts payable after more than one year | 17 | €90,454 | €60,149 | -€30,304 | -33.5% |
| Financial debts | 170/4 | €90,454 | €60,149 | -€30,304 | -33.5% |
| Amounts payable within one year | 42/48 | €46,029 | €59,212 | +€13,183 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €8,929 | €19,386 | +€10,458 | +117% |
| Trade debts | 44 | €11,235 | €7,205 | -€4,029 | -35.9% |
| Suppliers | 440/4 | €11,235 | €7,205 | -€4,029 | -35.9% |
| Taxes, remuneration and social security | 45 | €25,866 | €32,621 | +€6,755 | +26.1% |
| Taxes | 450/3 | €25,866 | €32,621 | +€6,755 | +26.1% |
| Accrued charges and deferred income | 492/3 | €12,161 | €16,907 | +€4,746 | +39.0% |
| Non-recurring operating income | 76A | €4,643 | €1,640 | -€3,003 | -64.7% |
| Remuneration, social security and pensions | 62 | €111,024 | €63,802 | -€47,221 | -42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,115 | €12,760 | +€8,644 | +210% |
| Other operating charges | 640/8 | €1,928 | €2,857 | +€929 | +48.2% |
| Gross operating margin | 9900 | €276,851 | €334,418 | +€57,567 | +20.8% |
| Operating profit (loss) | 9901 | €159,785 | €255,000 | +€95,215 | +59.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,841 | €27,886 | +€26,045 | +1,415% |
| Recurring financial charges | 65 | €1,841 | €27,886 | +€26,045 | +1,415% |
| Profit (loss) for the period before taxes | 9903 | €157,944 | €227,116 | +€69,172 | +43.8% |
| Income taxes | 67/77 | €87,049 | €62,621 | -€24,429 | -28.1% |
| Profit (loss) for the period | 9904 | €70,894 | €164,495 | +€93,601 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €70,894 | €164,495 | +€93,601 | +132% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.