CPEGF: 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.
CPEGF
Largest movements
- Tangible fixed assets +€33,848
up €33,848 (+32.3%), from €104,748 to €138,596
of which Land and buildings: +€36,979
- Receivables after one year +€25,200
new in 2024: €25,200
- Cash -€24,905
down €24,905 (-52.9%), from €47,060 to €22,155
mainly Investment in fixed assets (net) (-€53,546) and Receivables after one year (-€25,200)
- Receivables within one year +€18,606
up €18,606 (+316.8%), from €5,874 to €24,480
of which Other amounts receivable: +€10,480
- Profit (loss) carried forward +€61,711
up €61,711 (+126.7%), from €48,701 to €110,413
- Debts after one year -€12,840
down €12,840 (-19.3%), from €66,373 to €53,533
- Current portion of long-term debt +€12,247
up €12,247 (+99.0%), from €12,372 to €24,619
- Other debts -€9,808
down €9,808 (-100.0%), from €9,808 to €0
- Tax, wage and social debts +€7,650
up €7,650 (+124.5%), from €6,143 to €13,794
of which Taxes: +€5,000
- Gross operating margin +€64,117
up €64,117 (+73.1%), from €87,766 to €151,883
- Staff costs +€39,762
up €39,762 (+437.2%), from €9,094 to €48,856
- Depreciation +€6,569
up €6,569 (+54.2%), from €12,128 to €18,698
- Taxes +€4,583
up €4,583 (+35.1%), from €13,070 to €17,654
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €158,069 | €211,452 | +€53,383 | +33.8% |
| Fixed assets | 21/28 | €104,748 | €139,596 | +€34,848 | +33.3% |
| Tangible fixed assets | 22/27 | €104,748 | €138,596 | +€33,848 | +32.3% |
| Land and buildings | 22 | €66,007 | €102,986 | +€36,979 | +56.0% |
| Plant, machinery and equipment | 23 | - | €1,539 | +€1,539 | |
| Furniture and vehicles | 24 | €38,742 | €34,071 | -€4,670 | -12.1% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €53,321 | €71,856 | +€18,535 | +34.8% |
| Amounts receivable after more than one year | 29 | - | €25,200 | +€25,200 | |
| Other amounts receivable | 291 | - | €25,200 | +€25,200 | |
| Amounts receivable within one year | 40/41 | €5,874 | €24,480 | +€18,606 | +316.8% |
| Trade receivables | 40 | €5,874 | €14,000 | +€8,126 | +138.3% |
| Other amounts receivable | 41 | - | €10,480 | +€10,480 | |
| Cash at bank and in hand | 54/58 | €47,060 | €22,155 | -€24,905 | -52.9% |
| Deferred charges and accrued income | 490/1 | €387 | €21 | -€366 | -94.7% |
| Total equity and liabilities | 10/49 | €158,069 | €211,452 | +€53,383 | +33.8% |
| Equity | 10/15 | €51,201 | €112,913 | +€61,711 | +120.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | €2,500 | - | -€2,500 | |
| Share premium | 1100/10 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | €48,701 | €110,413 | +€61,711 | +126.7% |
| Amounts payable | 17/49 | €106,868 | €98,540 | -€8,328 | -7.8% |
| Amounts payable after more than one year | 17 | €66,373 | €53,533 | -€12,840 | -19.3% |
| Financial debts | 170/4 | €66,373 | €53,533 | -€12,840 | -19.3% |
| Amounts payable within one year | 42/48 | €40,494 | €45,007 | +€4,512 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €12,372 | €24,619 | +€12,247 | +99.0% |
| Financial debts | 43 | €8,561 | €2,239 | -€6,322 | -73.8% |
| Credit institutions | 430/8 | €8,561 | €2,239 | -€6,322 | -73.8% |
| Trade debts | 44 | €3,610 | €4,355 | +€744 | +20.6% |
| Suppliers | 440/4 | €3,610 | €4,355 | +€744 | +20.6% |
| Taxes, remuneration and social security | 45 | €6,143 | €13,794 | +€7,650 | +124.5% |
| Taxes | 450/3 | €4,683 | €9,683 | +€5,000 | +106.8% |
| Remuneration and social security | 454/9 | €1,461 | €4,111 | +€2,650 | +181.4% |
| Other amounts payable | 47/48 | €9,808 | €0 | -€9,808 | -100.0% |
| Remuneration, social security and pensions | 62 | €9,094 | €48,856 | +€39,762 | +437.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,128 | €18,698 | +€6,569 | +54.2% |
| Other operating charges | 640/8 | €1,877 | €793 | -€1,084 | -57.7% |
| Gross operating margin | 9900 | €87,766 | €151,883 | +€64,117 | +73.1% |
| Operating profit (loss) | 9901 | €64,666 | €83,536 | +€18,869 | +29.2% |
| Financial income | 75/76B | €118 | €85 | -€33 | -27.8% |
| Recurring financial income | 75 | €118 | €85 | -€33 | -27.8% |
| Financial charges | 65/66B | €3,013 | €4,257 | +€1,243 | +41.3% |
| Recurring financial charges | 65 | €3,013 | €4,257 | +€1,243 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | €61,771 | €79,365 | +€17,593 | +28.5% |
| Income taxes | 67/77 | €13,070 | €17,654 | +€4,583 | +35.1% |
| Profit (loss) for the period | 9904 | €48,701 | €61,711 | +€13,010 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,701 | €61,711 | +€13,010 | +26.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.