CPI: 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.
CPI
Largest movements
- Current investments -€62,500
down €62,500 (-27.2%), from €229,500 to €167,000
- Cash +€54,529
up €54,529 (+82.3%), from €66,255 to €120,784
mainly Net result for the year (+€81,177) and Current investments (+€62,500)
- Tangible fixed assets +€25,788
up €25,788 (+6.0%), from €431,300 to €457,088
of which Land and buildings: +€29,706
- Debts after one year -€28,846
down €28,846 (-8.8%), from €328,980 to €300,134
- Reserves +€26,177
up €26,177 (+18.0%), from €145,271 to €171,448
- Other debts +€17,273
up €17,273 (+9.7%), from €178,547 to €195,820
- Gross operating margin -€36,212
down €36,212 (-18.5%), from €195,934 to €159,722
- Financial charges -€6,702
down €6,702 (-32.2%), from €20,806 to €14,104
- Depreciation +€3,412
up €3,412 (+14.5%), from €23,582 to €26,994
- Staff costs +€2,401
new in 2025: €2,401
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 | €741,701 | €758,970 | +€17,269 | +2.3% |
| Fixed assets | 21/28 | €431,300 | €457,088 | +€25,788 | +6.0% |
| Tangible fixed assets | 22/27 | €431,300 | €457,088 | +€25,788 | +6.0% |
| Land and buildings | 22 | €407,085 | €436,792 | +€29,706 | +7.3% |
| Plant, machinery and equipment | 23 | - | €2,390 | +€2,390 | |
| Furniture and vehicles | 24 | €10,934 | €12,018 | +€1,083 | +9.9% |
| Leasing and similar rights | 25 | €13,280 | €5,888 | -€7,392 | -55.7% |
| Current assets | 29/58 | €310,401 | €301,882 | -€8,519 | -2.7% |
| Amounts receivable within one year | 40/41 | €13,878 | €14,098 | +€220 | +1.6% |
| Trade receivables | 40 | €13,878 | €13,905 | +€27 | +0.2% |
| Other amounts receivable | 41 | - | €192 | +€192 | |
| Current investments | 50/53 | €229,500 | €167,000 | -€62,500 | -27.2% |
| Cash at bank and in hand | 54/58 | €66,255 | €120,784 | +€54,529 | +82.3% |
| Deferred charges and accrued income | 490/1 | €768 | €0 | -€768 | -100.0% |
| Total equity and liabilities | 10/49 | €741,701 | €758,970 | +€17,269 | +2.3% |
| Equity | 10/15 | €150,271 | €176,448 | +€26,177 | +17.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €145,271 | €171,448 | +€26,177 | +18.0% |
| Distributable reserves | 133 | €145,271 | €171,448 | +€26,177 | +18.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €591,430 | €582,522 | -€8,908 | -1.5% |
| Amounts payable after more than one year | 17 | €328,980 | €300,134 | -€28,846 | -8.8% |
| Financial debts | 170/4 | €328,980 | €300,134 | -€28,846 | -8.8% |
| Amounts payable within one year | 42/48 | €262,451 | €282,388 | +€19,938 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €27,541 | €34,334 | +€6,793 | +24.7% |
| Trade debts | 44 | €4,464 | €22 | -€4,442 | -99.5% |
| Suppliers | 440/4 | €4,464 | €22 | -€4,442 | -99.5% |
| Taxes, remuneration and social security | 45 | €51,898 | €52,212 | +€314 | +0.6% |
| Taxes | 450/3 | €51,898 | €52,212 | +€314 | +0.6% |
| Other amounts payable | 47/48 | €178,547 | €195,820 | +€17,273 | +9.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €2,401 | +€2,401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,582 | €26,994 | +€3,412 | +14.5% |
| Other operating charges | 640/8 | €3,822 | €3,189 | -€633 | -16.6% |
| Gross operating margin | 9900 | €195,934 | €159,722 | -€36,212 | -18.5% |
| Operating profit (loss) | 9901 | €168,530 | €127,139 | -€41,392 | -24.6% |
| Financial income | 75/76B | €521 | €1,687 | +€1,166 | +223.9% |
| Recurring financial income | 75 | €521 | €1,687 | +€1,166 | +223.9% |
| Financial charges | 65/66B | €20,806 | €14,104 | -€6,702 | -32.2% |
| Recurring financial charges | 65 | €20,806 | €14,104 | -€6,702 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €148,245 | €114,722 | -€33,523 | -22.6% |
| Income taxes | 67/77 | €34,899 | €33,545 | -€1,355 | -3.9% |
| Profit (loss) for the period | 9904 | €113,346 | €81,177 | -€32,169 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €113,346 | €81,177 | -€32,169 | -28.4% |
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.