CPAINT: 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.
CPAINT
Largest movements
- Stocks and contracts +€176,388
up €176,388 (+142%), from €124,405 to €300,793
- Cash -€135,867
down €135,867 (-55.6%), from €244,537 to €108,669
mainly Stocks and contracts (-€176,388) and Receivables within one year (-€119,005)
- Receivables within one year +€119,005
up €119,005 (+28.4%), from €418,700 to €537,706
of which Trade receivables: +€151,518
- Tangible fixed assets +€40,060
up €40,060 (+26.4%), from €151,456 to €191,516
of which Furniture and vehicles: +€48,830
- Profit (loss) carried forward +€185,779
up €185,779 (+41.9%), from €443,388 to €629,168
- Trade debts +€166,110
up €166,110 (+145%), from €114,566 to €280,676
- Other debts -€70,000
no longer reported in 2025 (was €70,000)
- Current portion of long-term debt -€65,927
down €65,927 (-48.7%), from €135,325 to €69,398
- Debts after one year -€37,324
down €37,324 (-28.2%), from €132,356 to €95,033
- Staff costs +€116,271
up €116,271 (+6.5%), from €1.8m to €1.9m
- Gross operating margin +€101,073
up €101,073 (+4.7%), from €2.1m to €2.2m
- Financial income -€24,914
down €24,914 (-78.2%), from €31,860 to €6,945
of which Non-recurring financial income: -€24,245
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 | €1,160,346 | €1,361,346 | +€201,000 | +17.3% |
| Fixed assets | 21/28 | €151,850 | €191,910 | +€40,060 | +26.4% |
| Tangible fixed assets | 22/27 | €151,456 | €191,516 | +€40,060 | +26.4% |
| Plant, machinery and equipment | 23 | €8,784 | €3,913 | -€4,872 | -55.5% |
| Furniture and vehicles | 24 | €133,550 | €182,380 | +€48,830 | +36.6% |
| Other tangible fixed assets | 26 | €9,122 | €5,224 | -€3,898 | -42.7% |
| Financial fixed assets | 28 | €394 | €394 | = | 0.0% |
| Current assets | 29/58 | €1,008,495 | €1,169,435 | +€160,940 | +16.0% |
| Stocks and contracts in progress | 3 | €124,405 | €300,793 | +€176,388 | +142% |
| Stocks | 30/36 | €124,405 | €300,793 | +€176,388 | +142% |
| Amounts receivable within one year | 40/41 | €418,700 | €537,706 | +€119,005 | +28.4% |
| Trade receivables | 40 | €365,712 | €517,229 | +€151,518 | +41.4% |
| Other amounts receivable | 41 | €52,989 | €20,477 | -€32,512 | -61.4% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €244,537 | €108,669 | -€135,867 | -55.6% |
| Deferred charges and accrued income | 490/1 | €20,853 | €22,268 | +€1,414 | +6.8% |
| Total equity and liabilities | 10/49 | €1,160,346 | €1,361,346 | +€201,000 | +17.3% |
| Equity | 10/15 | €651,448 | €837,228 | +€185,779 | +28.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €201,860 | €201,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200,000 | €200,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €200,000 | +€200,000 | |
| Own shares acquired | 1312 | €200,000 | - | -€200,000 | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €443,388 | €629,168 | +€185,779 | +41.9% |
| Amounts payable | 17/49 | €508,898 | €524,118 | +€15,221 | +3.0% |
| Amounts payable after more than one year | 17 | €132,356 | €95,033 | -€37,324 | -28.2% |
| Financial debts | 170/4 | €132,356 | €95,033 | -€37,324 | -28.2% |
| Amounts payable within one year | 42/48 | €364,678 | €420,766 | +€56,087 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €135,325 | €69,398 | -€65,927 | -48.7% |
| Trade debts | 44 | €114,566 | €280,676 | +€166,110 | +145% |
| Suppliers | 440/4 | €114,566 | €280,676 | +€166,110 | +145% |
| Taxes, remuneration and social security | 45 | €44,787 | €70,691 | +€25,904 | +57.8% |
| Taxes | 450/3 | €5,117 | €23,303 | +€18,186 | +355% |
| Remuneration and social security | 454/9 | €39,670 | €47,389 | +€7,718 | +19.5% |
| Other amounts payable | 47/48 | €70,000 | - | -€70,000 | |
| Accrued charges and deferred income | 492/3 | €11,863 | €8,320 | -€3,543 | -29.9% |
| Non-recurring operating income | 76A | €2,409 | €5,036 | +€2,627 | +109% |
| Remuneration, social security and pensions | 62 | €1,795,510 | €1,911,781 | +€116,271 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,399 | €43,804 | +€2,404 | +5.8% |
| Other operating charges | 640/8 | €1,989 | €1,689 | -€299 | -15.1% |
| Non-recurring operating charges | 66A | €2,967 | €2,505 | -€462 | -15.6% |
| Gross operating margin | 9900 | €2,139,251 | €2,240,325 | +€101,073 | +4.7% |
| Operating profit (loss) | 9901 | €297,387 | €280,546 | -€16,840 | -5.7% |
| Financial income | 75/76B | €31,860 | €6,945 | -€24,914 | -78.2% |
| Recurring financial income | 75 | €2,145 | €1,475 | -€670 | -31.2% |
| Non-recurring financial income | 76B | €29,715 | €5,470 | -€24,245 | -81.6% |
| Financial charges | 65/66B | €27,827 | €26,421 | -€1,406 | -5.1% |
| Recurring financial charges | 65 | €19,568 | €14,467 | -€5,102 | -26.1% |
| Non-recurring financial charges | 66B | €8,259 | €11,954 | +€3,696 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €301,419 | €261,071 | -€40,348 | -13.4% |
| Income taxes | 67/77 | €80,117 | €75,291 | -€4,826 | -6.0% |
| Profit (loss) for the period | 9904 | €221,302 | €185,779 | -€35,523 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €221,302 | €185,779 | -€35,523 | -16.1% |
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 16 October 2026 via checked.be.