CPDG Consult: 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.
CPDG Consult
Largest movements
- Cash -€22,875
down €22,875 (-29.6%), from €77,406 to €54,531
mainly Net result for the year (-€22,108) and Debts after one year (-€13,232)
- Tangible fixed assets -€17,741
down €17,741 (-38.6%), from €46,015 to €28,274
of which Furniture and vehicles: -€13,077
- Receivables within one year +€9,843
up €9,843 (+52.1%), from €18,892 to €28,736
of which Trade receivables: +€7,290
- Profit (loss) carried forward -€22,108
down €22,108, from €20,300 to -€1,808
- Debts after one year -€13,232
down €13,232 (-52.8%), from €25,082 to €11,851
- Trade debts +€4,637
up €4,637 (+202.8%), from €2,287 to €6,924
- Other debts +€3,282
up €3,282 (+88.0%), from €3,729 to €7,011
- Current portion of long-term debt -€2,424
down €2,424 (-15.5%), from €15,656 to €13,232
- Gross operating margin -€16,820
down €16,820, from €15,375 to -€1,445
- Depreciation -€3,301
down €3,301 (-15.7%), from €21,042 to €17,741
- Financial income -€1,498
down €1,498 (-82.9%), from €1,806 to €309
- Financial charges -€527
down €527 (-21.9%), from €2,409 to €1,883
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 | €152,254 | €120,372 | -€31,882 | -20.9% |
| Fixed assets | 21/28 | €46,015 | €28,274 | -€17,741 | -38.6% |
| Tangible fixed assets | 22/27 | €46,015 | €28,274 | -€17,741 | -38.6% |
| Plant, machinery and equipment | 23 | €6,323 | €1,868 | -€4,455 | -70.5% |
| Furniture and vehicles | 24 | €38,682 | €25,605 | -€13,077 | -33.8% |
| Other tangible fixed assets | 26 | €1,009 | €801 | -€208 | -20.6% |
| Current assets | 29/58 | €106,239 | €92,098 | -€14,142 | -13.3% |
| Amounts receivable within one year | 40/41 | €18,892 | €28,736 | +€9,843 | +52.1% |
| Trade receivables | 40 | €18,200 | €25,490 | +€7,290 | +40.1% |
| Other amounts receivable | 41 | €692 | €3,246 | +€2,554 | +369.1% |
| Cash at bank and in hand | 54/58 | €77,406 | €54,531 | -€22,875 | -29.6% |
| Deferred charges and accrued income | 490/1 | €9,941 | €8,831 | -€1,111 | -11.2% |
| Total equity and liabilities | 10/49 | €152,254 | €120,372 | -€31,882 | -20.9% |
| Equity | 10/15 | €96,582 | €74,474 | -€22,108 | -22.9% |
| Contributions | 10/11 | €11,804 | €11,804 | = | 0.0% |
| Reserves | 13 | €64,478 | €64,478 | = | 0.0% |
| Distributable reserves | 133 | €64,478 | €64,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,300 | -€1,808 | -€22,108 | |
| Amounts payable | 17/49 | €55,672 | €45,898 | -€9,774 | -17.6% |
| Amounts payable after more than one year | 17 | €25,082 | €11,851 | -€13,232 | -52.8% |
| Financial debts | 170/4 | €25,082 | €11,851 | -€13,232 | -52.8% |
| Amounts payable within one year | 42/48 | €30,590 | €34,047 | +€3,458 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €15,656 | €13,232 | -€2,424 | -15.5% |
| Financial debts | 43 | €1,548 | - | -€1,548 | |
| Credit institutions | 430/8 | €1,548 | - | -€1,548 | |
| Trade debts | 44 | €2,287 | €6,924 | +€4,637 | +202.8% |
| Suppliers | 440/4 | €2,287 | €6,924 | +€4,637 | +202.8% |
| Taxes, remuneration and social security | 45 | €7,370 | €6,880 | -€490 | -6.6% |
| Taxes | 450/3 | €7,370 | €6,880 | -€490 | -6.6% |
| Other amounts payable | 47/48 | €3,729 | €7,011 | +€3,282 | +88.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,042 | €17,741 | -€3,301 | -15.7% |
| Other operating charges | 640/8 | €951 | €1,013 | +€62 | +6.5% |
| Gross operating margin | 9900 | €15,375 | -€1,445 | -€16,820 | |
| Operating profit (loss) | 9901 | -€6,618 | -€20,198 | -€13,580 | -205.2% |
| Financial income | 75/76B | €1,806 | €309 | -€1,498 | -82.9% |
| Recurring financial income | 75 | €1,806 | €309 | -€1,498 | -82.9% |
| Financial charges | 65/66B | €2,409 | €1,883 | -€527 | -21.9% |
| Recurring financial charges | 65 | €2,409 | €1,883 | -€527 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,222 | -€21,772 | -€14,551 | -201.5% |
| Income taxes | 67/77 | €342 | €336 | -€6 | -1.6% |
| Profit (loss) for the period | 9904 | -€7,563 | -€22,108 | -€14,545 | -192.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,563 | -€22,108 | -€14,545 | -192.3% |
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 10 October 2026 via checked.be.