CPB INNOVATION: 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.
CPB INNOVATION
Largest movements
- Cash +€53,604
up €53,604 (+231%), from €23,200 to €76,804
mainly Net result for the year (+€62,884) and Receivables within one year (+€13,873)
- Deferred charges and accrued income +€20,277
new in 2025: €20,277
- Receivables within one year -€13,873
down €13,873 (-26.3%), from €52,836 to €38,962
of which Trade receivables: -€10,272
- Profit (loss) carried forward +€62,884
up €62,884 (+91.1%), from €69,012 to €131,896
- Trade debts -€1,881
down €1,881 (-85.8%), from €2,191 to €310
- Tax, wage and social debts -€1,408
down €1,408 (-46.9%), from €3,000 to €1,592
of which Remuneration and social security: -€3,000
- Gross operating margin -€7,510
down €7,510 (-8.7%), from €86,635 to €79,125
- Taxes -€1,255
down €1,255 (-7.0%), from €17,847 to €16,592
- Financial income +€1,211
up €1,211 (+118%), from €1,026 to €2,237
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 | €77,203 | €136,798 | +€59,595 | +77.2% |
| Fixed assets | 21/28 | €1,168 | €755 | -€413 | -35.4% |
| Tangible fixed assets | 22/27 | €1,168 | €755 | -€413 | -35.4% |
| Furniture and vehicles | 24 | €1,168 | €755 | -€413 | -35.4% |
| Current assets | 29/58 | €76,035 | €136,043 | +€60,008 | +78.9% |
| Amounts receivable within one year | 40/41 | €52,836 | €38,962 | -€13,873 | -26.3% |
| Trade receivables | 40 | €10,272 | - | -€10,272 | |
| Other amounts receivable | 41 | €42,564 | €38,962 | -€3,602 | -8.5% |
| Cash at bank and in hand | 54/58 | €23,200 | €76,804 | +€53,604 | +231% |
| Deferred charges and accrued income | 490/1 | - | €20,277 | +€20,277 | |
| Total equity and liabilities | 10/49 | €77,203 | €136,798 | +€59,595 | +77.2% |
| Equity | 10/15 | €72,012 | €134,896 | +€62,884 | +87.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,012 | €131,896 | +€62,884 | +91.1% |
| Amounts payable | 17/49 | €5,191 | €1,902 | -€3,289 | -63.4% |
| Amounts payable within one year | 42/48 | €5,191 | €1,902 | -€3,289 | -63.4% |
| Trade debts | 44 | €2,191 | €310 | -€1,881 | -85.8% |
| Suppliers | 440/4 | €2,191 | €310 | -€1,881 | -85.8% |
| Taxes, remuneration and social security | 45 | €3,000 | €1,592 | -€1,408 | -46.9% |
| Taxes | 450/3 | - | €1,592 | +€1,592 | |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71 | €413 | +€342 | +481% |
| Other operating charges | 640/8 | €646 | €1,276 | +€630 | +97.5% |
| Gross operating margin | 9900 | €86,635 | €79,125 | -€7,510 | -8.7% |
| Operating profit (loss) | 9901 | €85,918 | €77,436 | -€8,482 | -9.9% |
| Financial income | 75/76B | €1,026 | €2,237 | +€1,211 | +118% |
| Recurring financial income | 75 | €1,026 | €2,237 | +€1,211 | +118% |
| Financial charges | 65/66B | €84 | €197 | +€113 | +135% |
| Recurring financial charges | 65 | €84 | €197 | +€113 | +135% |
| Profit (loss) for the period before taxes | 9903 | €86,860 | €79,476 | -€7,384 | -8.5% |
| Income taxes | 67/77 | €17,847 | €16,592 | -€1,255 | -7.0% |
| Profit (loss) for the period | 9904 | €69,012 | €62,884 | -€6,129 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,012 | €62,884 | -€6,129 | -8.9% |
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 14 October 2026 via checked.be.