CP88: 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.
CP88
Largest movements
- Cash -€61,727
down €61,727 (-79.1%), from €78,037 to €16,310
mainly Net result for the year (-€97,069) and Current portion of long-term debt (-€44,253)
- Receivables within one year -€57,889
down €57,889 (-99.9%), from €57,959 to €70
of which Trade receivables: -€44,318
- Tangible fixed assets -€19,911
down €19,911 (-28.3%), from €70,433 to €50,522
of which Furniture and vehicles: -€19,065
- Profit (loss) carried forward -€97,069
down €97,069, from €3,444 to -€93,625
- Current portion of long-term debt -€44,253
down €44,253 (-72.5%), from €61,071 to €16,819
- Other debts +€24,979
up €24,979 (+55.4%), from €45,123 to €70,102
- Debts after one year -€15,400
down €15,400 (-36.1%), from €42,674 to €27,274
- Tax, wage and social debts -€5,302
down €5,302 (-64.2%), from €8,261 to €2,959
- Gross operating margin -€104,116
down €104,116, from €37,724 to -€66,392
- Taxes -€3,920
down €3,920 (-94.0%), from €4,169 to €249
- Financial charges +€1,455
up €1,455 (+24.5%), from €5,942 to €7,397
- Financial income -€898
down €898 (-100.0%), from €898 to €0
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 | €209,420 | €69,402 | -€140,019 | -66.9% |
| Fixed assets | 21/28 | €72,933 | €53,022 | -€19,911 | -27.3% |
| Tangible fixed assets | 22/27 | €70,433 | €50,522 | -€19,911 | -28.3% |
| Plant, machinery and equipment | 23 | €903 | €498 | -€405 | -44.9% |
| Furniture and vehicles | 24 | €66,961 | €47,896 | -€19,065 | -28.5% |
| Other tangible fixed assets | 26 | €2,569 | €2,128 | -€441 | -17.2% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €136,487 | €16,380 | -€120,107 | -88.0% |
| Amounts receivable within one year | 40/41 | €57,959 | €70 | -€57,889 | -99.9% |
| Trade receivables | 40 | €44,318 | - | -€44,318 | |
| Other amounts receivable | 41 | €13,641 | €70 | -€13,571 | -99.5% |
| Cash at bank and in hand | 54/58 | €78,037 | €16,310 | -€61,727 | -79.1% |
| Deferred charges and accrued income | 490/1 | €492 | - | -€492 | |
| Total equity and liabilities | 10/49 | €209,420 | €69,402 | -€140,019 | -66.9% |
| Equity | 10/15 | €45,963 | -€51,106 | -€97,069 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €41,019 | €41,019 | = | 0.0% |
| Distributable reserves | 133 | €41,019 | €41,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,444 | -€93,625 | -€97,069 | |
| Amounts payable | 17/49 | €163,457 | €120,507 | -€42,950 | -26.3% |
| Amounts payable after more than one year | 17 | €42,674 | €27,274 | -€15,400 | -36.1% |
| Financial debts | 170/4 | €42,674 | €27,274 | -€15,400 | -36.1% |
| Amounts payable within one year | 42/48 | €120,783 | €93,233 | -€27,550 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €61,071 | €16,819 | -€44,253 | -72.5% |
| Trade debts | 44 | €6,327 | €3,353 | -€2,974 | -47.0% |
| Suppliers | 440/4 | €6,327 | €3,353 | -€2,974 | -47.0% |
| Taxes, remuneration and social security | 45 | €8,261 | €2,959 | -€5,302 | -64.2% |
| Taxes | 450/3 | €8,261 | €2,959 | -€5,302 | -64.2% |
| Other amounts payable | 47/48 | €45,123 | €70,102 | +€24,979 | +55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,065 | €19,911 | -€154 | -0.8% |
| Other operating charges | 640/8 | €3,045 | €3,120 | +€75 | +2.5% |
| Gross operating margin | 9900 | €37,724 | -€66,392 | -€104,116 | |
| Operating profit (loss) | 9901 | €14,613 | -€89,423 | -€104,036 | |
| Financial income | 75/76B | €898 | €0 | -€898 | -100.0% |
| Recurring financial income | 75 | €898 | €0 | -€898 | -100.0% |
| Financial charges | 65/66B | €5,942 | €7,397 | +€1,455 | +24.5% |
| Recurring financial charges | 65 | €5,942 | €7,397 | +€1,455 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €9,569 | -€96,820 | -€106,389 | |
| Income taxes | 67/77 | €4,169 | €249 | -€3,920 | -94.0% |
| Profit (loss) for the period | 9904 | €5,400 | -€97,069 | -€102,469 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,400 | -€97,069 | -€102,469 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.