CPI TECHNOLOGIES: 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.
What changed
CPI TECHNOLOGIES
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€307,170
2024 · €187,338+€119,832
Equity
€863,659
2024 · €869,489-€5,830
Cash
€518,151
2024 · €442,523+€75,627
Balance sheet total
€1.9m
2024 · €2.3m-€349,827
Largest movements
Assets
- Receivables within one year -€417,565
down €417,565 (-33.8%), from €1.2m to €818,621
of which Other amounts receivable: -€234,904
- Cash +€75,627
up €75,627 (+17.1%), from €442,523 to €518,151
mainly Receivables within one year (+€417,565) and Net result for the year (+€307,170)
Equity and liabilities
- Trade debts -€325,406
down €325,406 (-66.7%), from €488,166 to €162,760
- Current portion of long-term debt +€133,305
up €133,305 (+124.5%), from €107,060 to €240,365
- Debts after one year -€49,176
down €49,176 (-18.0%), from €273,029 to €223,853
- Provisions -€45,000
down €45,000 (-47.4%), from €95,000 to €50,000
- Tax, wage and social debts -€34,154
down €34,154 (-36.4%), from €93,921 to €59,768
of which Remuneration and social security: -€35,721
Income statement
- Gross operating margin +€142,733
up €142,733 (+11.2%), from €1.3m to €1.4m
- Taxes +€75,854
up €75,854 (+101.3%), from €74,877 to €150,731
- Provisions -€45,000
new in 2025: -€45,000
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.
Result 2024
€187,338
Gross operating margin
+€142,733
Staff costs
-€9,327
Depreciation
+€8,849
Provisions
+€45,000
Other operating charges
+€11
Financial income
+€5,682
Financial charges
+€2,736
Taxes
-€75,854
Result 2025
€307,170
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.
From operations
+€394,150
Investment
-€89,653
Financing
-€228,871
Cash 2024
€442,523
From operations (derived)
+€394,150
Net result for the year
+€307,170
Depreciation
+€110,445
Stocks and contracts
-€7,602
Receivables within one year
+€417,565
Deferred charges and accrued income
-€5,301
Provisions
-€45,000
Trade debts
-€325,406
Tax, wage and social debts
-€34,154
Other debts
-€25,507
Accrued charges and deferred income
+€1,940
Investment (derived)
-€89,653
Investment in fixed assets (net)
-€89,653
Financing
-€228,871
Debts after one year
-€49,176
Current portion of long-term debt
+€133,305
Contributions, distributions and other
-€313,000
Cash 2025
€518,151
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,255,016 | €1,905,189 | -€349,827 | -15.5% |
| Fixed assets | 21/28 | €432,170 | €411,378 | -€20,793 | -4.8% |
| Tangible fixed assets | 22/27 | €418,008 | €397,216 | -€20,793 | -5.0% |
| Land and buildings | 22 | €267,313 | €238,272 | -€29,041 | -10.9% |
| Plant, machinery and equipment | 23 | €0 | €1,720 | +€1,720 | |
| Furniture and vehicles | 24 | €150,695 | €157,223 | +€6,528 | +4.3% |
| Financial fixed assets | 28 | €14,162 | €14,162 | = | 0.0% |
| Current assets | 29/58 | €1,822,846 | €1,493,811 | -€329,035 | -18.1% |
| Stocks and contracts in progress | 3 | €127,153 | €134,755 | +€7,602 | +6.0% |
| Stocks | 30/36 | €127,153 | €134,755 | +€7,602 | +6.0% |
| Amounts receivable within one year | 40/41 | €1,236,185 | €818,621 | -€417,565 | -33.8% |
| Trade receivables | 40 | €778,487 | €595,826 | -€182,661 | -23.5% |
| Other amounts receivable | 41 | €457,698 | €222,795 | -€234,904 | -51.3% |
| Cash at bank and in hand | 54/58 | €442,523 | €518,151 | +€75,627 | +17.1% |
| Deferred charges and accrued income | 490/1 | €16,984 | €22,285 | +€5,301 | +31.2% |
| Total equity and liabilities | 10/49 | €2,255,016 | €1,905,189 | -€349,827 | -15.5% |
| Equity | 10/15 | €869,489 | €863,659 | -€5,830 | -0.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €64,770 | €64,770 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €58,620 | €58,620 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €743,219 | €737,389 | -€5,830 | -0.8% |
| Provisions and deferred taxes | 16 | €95,000 | €50,000 | -€45,000 | -47.4% |
| Provisions for liabilities and charges | 160/5 | €95,000 | €50,000 | -€45,000 | -47.4% |
| Environmental obligations | 163 | €95,000 | €50,000 | -€45,000 | -47.4% |
| Amounts payable | 17/49 | €1,290,527 | €991,530 | -€298,997 | -23.2% |
| Amounts payable after more than one year | 17 | €273,029 | €223,853 | -€49,176 | -18.0% |
| Financial debts | 170/4 | €273,029 | €223,853 | -€49,176 | -18.0% |
| Amounts payable within one year | 42/48 | €1,017,498 | €765,736 | -€251,761 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €107,060 | €240,365 | +€133,305 | +124.5% |
| Trade debts | 44 | €488,166 | €162,760 | -€325,406 | -66.7% |
| Suppliers | 440/4 | €488,166 | €162,760 | -€325,406 | -66.7% |
| Taxes, remuneration and social security | 45 | €93,921 | €59,768 | -€34,154 | -36.4% |
| Taxes | 450/3 | €12,146 | €13,713 | +€1,567 | +12.9% |
| Remuneration and social security | 454/9 | €81,776 | €46,055 | -€35,721 | -43.7% |
| Other amounts payable | 47/48 | €328,350 | €302,844 | -€25,507 | -7.8% |
| Accrued charges and deferred income | 492/3 | €0 | €1,940 | +€1,940 | |
| Remuneration, social security and pensions | 62 | €879,046 | €888,373 | +€9,327 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,295 | €110,445 | -€8,849 | -7.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€45,000 | -€45,000 | |
| Other operating charges | 640/8 | €8,804 | €8,793 | -€11 | -0.1% |
| Gross operating margin | 9900 | €1,278,938 | €1,421,671 | +€142,733 | +11.2% |
| Operating profit (loss) | 9901 | €271,793 | €459,061 | +€187,267 | +68.9% |
| Financial income | 75/76B | €8,343 | €14,026 | +€5,682 | +68.1% |
| Recurring financial income | 75 | €79 | €740 | +€661 | +840.7% |
| Non-recurring financial income | 76B | €8,264 | €13,286 | +€5,021 | +60.8% |
| Financial charges | 65/66B | €17,921 | €15,185 | -€2,736 | -15.3% |
| Recurring financial charges | 65 | €17,921 | €15,185 | -€2,736 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €262,215 | €457,901 | +€195,686 | +74.6% |
| Income taxes | 67/77 | €74,877 | €150,731 | +€75,854 | +101.3% |
| Profit (loss) for the period | 9904 | €187,338 | €307,170 | +€119,832 | +64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €187,338 | €307,170 | +€119,832 | +64.0% |
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 11 October 2026 via checked.be.