CPG Immo: 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.
CPG Immo
Largest movements
- Receivables within one year +€394,486
up €394,486 (+6827.6%), from €5,778 to €400,263
of which Other amounts receivable: +€364,144
- Cash -€128,120
down €128,120 (-87.4%), from €146,526 to €18,407
mainly Receivables within one year (-€394,486) and Contributions, distributions and other (-€95,322)
- Current portion of long-term debt +€176,042
new in 2025: €176,042
- Other debts +€169,023
up €169,023 (+92.5%), from €182,645 to €351,669
- Profit (loss) carried forward -€64,555
down €64,555 (-100.0%), from €64,555 to €0
- Trade debts -€42,491
down €42,491 (-49.9%), from €85,194 to €42,703
- Tax, wage and social debts +€28,577
up €28,577 (+218.7%), from €13,067 to €41,644
- Gross operating margin -€24,897
down €24,897 (-37.4%), from €66,568 to €41,671
- Taxes -€4,618
down €4,618 (-35.3%), from €13,067 to €8,449
- Financial charges +€801
up €801 (+176.0%), from €455 to €1,256
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 | €365,462 | €632,058 | +€266,596 | +72.9% |
| Formation expenses | 20 | €409 | €97 | -€313 | -76.3% |
| Fixed assets | 21/28 | €2,150 | €1,569 | -€581 | -27.0% |
| Tangible fixed assets | 22/27 | €2,150 | €1,569 | -€581 | -27.0% |
| Furniture and vehicles | 24 | €2,150 | €1,569 | -€581 | -27.0% |
| Current assets | 29/58 | €362,902 | €630,392 | +€267,490 | +73.7% |
| Stocks and contracts in progress | 3 | €210,598 | €211,722 | +€1,124 | +0.5% |
| Stocks | 30/36 | €210,598 | €211,722 | +€1,124 | +0.5% |
| Amounts receivable within one year | 40/41 | €5,778 | €400,263 | +€394,486 | +6827.6% |
| Trade receivables | 40 | €66 | €30,407 | +€30,341 | +45950.7% |
| Other amounts receivable | 41 | €5,712 | €369,856 | +€364,144 | +6375.4% |
| Cash at bank and in hand | 54/58 | €146,526 | €18,407 | -€128,120 | -87.4% |
| Total equity and liabilities | 10/49 | €365,462 | €632,058 | +€266,596 | +72.9% |
| Equity | 10/15 | €84,555 | €20,000 | -€64,555 | -76.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,555 | €0 | -€64,555 | -100.0% |
| Amounts payable | 17/49 | €280,907 | €612,058 | +€331,151 | +117.9% |
| Amounts payable within one year | 42/48 | €280,907 | €612,058 | +€331,151 | +117.9% |
| Current portion of amounts payable after more than one year | 42 | - | €176,042 | +€176,042 | |
| Trade debts | 44 | €85,194 | €42,703 | -€42,491 | -49.9% |
| Suppliers | 440/4 | €85,194 | €42,703 | -€42,491 | -49.9% |
| Taxes, remuneration and social security | 45 | €13,067 | €41,644 | +€28,577 | +218.7% |
| Taxes | 450/3 | €13,067 | €41,644 | +€28,577 | +218.7% |
| Other amounts payable | 47/48 | €182,645 | €351,669 | +€169,023 | +92.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €487 | €894 | +€407 | +83.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €66,568 | €41,671 | -€24,897 | -37.4% |
| Operating profit (loss) | 9901 | €65,694 | €40,377 | -€25,316 | -38.5% |
| Financial income | 75/76B | €100 | €94 | -€5 | -5.5% |
| Recurring financial income | 75 | €100 | €94 | -€5 | -5.5% |
| Financial charges | 65/66B | €455 | €1,256 | +€801 | +176.0% |
| Recurring financial charges | 65 | €455 | €1,256 | +€801 | +176.0% |
| Profit (loss) for the period before taxes | 9903 | €65,338 | €39,216 | -€26,123 | -40.0% |
| Income taxes | 67/77 | €13,067 | €8,449 | -€4,618 | -35.3% |
| Profit (loss) for the period | 9904 | €52,271 | €30,767 | -€21,505 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,271 | €30,767 | -€21,505 | -41.1% |
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 10 October 2026 via checked.be.