CPL Vastgoed: 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.
CPL Vastgoed
Largest movements
- Tangible fixed assets +€646,794
up €646,794 (+17.2%), from €3.8m to €4.4m
of which Land and buildings: +€664,400
- Current investments -€450,000
down €450,000 (-100.0%), from €450,000 to €0
- Cash +€184,405
up €184,405 (+275.4%), from €66,960 to €251,365
mainly Current investments (+€450,000) and Net result for the year (+€444,145)
- Other debts +€409,228
up €409,228 (+292.6%), from €139,854 to €549,082
- Debts after one year -€183,364
down €183,364 (-13.1%), from €1.4m to €1.2m
- Trade debts +€151,334
up €151,334 (+841.7%), from €17,980 to €169,314
- Gross operating margin +€343,042
up €343,042 (+73.9%), from €464,466 to €807,509
- Taxes +€91,755
up €91,755 (+92.3%), from €99,407 to €191,162
- Depreciation +€15,382
up €15,382 (+14.6%), from €105,251 to €120,633
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 | €4,565,147 | €4,937,357 | +€372,210 | +8.2% |
| Fixed assets | 21/28 | €3,765,488 | €4,412,282 | +€646,794 | +17.2% |
| Tangible fixed assets | 22/27 | €3,765,488 | €4,412,282 | +€646,794 | +17.2% |
| Land and buildings | 22 | €3,724,424 | €4,388,823 | +€664,400 | +17.8% |
| Plant, machinery and equipment | 23 | €807 | €360 | -€448 | -55.4% |
| Furniture and vehicles | 24 | €40,257 | €23,099 | -€17,158 | -42.6% |
| Current assets | 29/58 | €799,660 | €525,075 | -€274,585 | -34.3% |
| Amounts receivable within one year | 40/41 | €279,625 | €271,395 | -€8,230 | -2.9% |
| Trade receivables | 40 | €279,576 | €271,395 | -€8,181 | -2.9% |
| Other amounts receivable | 41 | €49 | €0 | -€49 | -100.0% |
| Current investments | 50/53 | €450,000 | €0 | -€450,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €66,960 | €251,365 | +€184,405 | +275.4% |
| Deferred charges and accrued income | 490/1 | €3,075 | €2,316 | -€759 | -24.7% |
| Total equity and liabilities | 10/49 | €4,565,147 | €4,937,357 | +€372,210 | +8.2% |
| Equity | 10/15 | €2,683,396 | €2,685,898 | +€2,502 | +0.1% |
| Contributions | 10/11 | €25,300 | €25,300 | = | 0.0% |
| Reserves | 13 | €2,658,096 | €2,660,598 | +€2,502 | +0.1% |
| Non-distributable reserves | 130/1 | €3,720 | €0 | -€3,720 | -100.0% |
| Reserves not available under the articles | 1311 | €3,720 | €0 | -€3,720 | -100.0% |
| Tax-exempt reserves | 132 | €34,687 | €34,687 | = | 0.0% |
| Distributable reserves | 133 | €2,619,689 | €2,625,911 | +€6,222 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,881,751 | €2,251,458 | +€369,707 | +19.6% |
| Amounts payable after more than one year | 17 | €1,403,771 | €1,220,407 | -€183,364 | -13.1% |
| Financial debts | 170/4 | €1,403,771 | €1,220,407 | -€183,364 | -13.1% |
| Amounts payable within one year | 42/48 | €477,980 | €1,018,942 | +€540,962 | +113.2% |
| Current portion of amounts payable after more than one year | 42 | €206,400 | €183,364 | -€23,036 | -11.2% |
| Trade debts | 44 | €17,980 | €169,314 | +€151,334 | +841.7% |
| Suppliers | 440/4 | €17,980 | €169,314 | +€151,334 | +841.7% |
| Taxes, remuneration and social security | 45 | €113,746 | €117,182 | +€3,436 | +3.0% |
| Taxes | 450/3 | €109,526 | €116,562 | +€7,036 | +6.4% |
| Remuneration and social security | 454/9 | €4,220 | €620 | -€3,600 | -85.3% |
| Other amounts payable | 47/48 | €139,854 | €549,082 | +€409,228 | +292.6% |
| Accrued charges and deferred income | 492/3 | €0 | €12,110 | +€12,110 | |
| Non-recurring operating income | 76A | €0 | €436,241 | +€436,241 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,251 | €120,633 | +€15,382 | +14.6% |
| Other operating charges | 640/8 | €14,178 | €20,256 | +€6,078 | +42.9% |
| Gross operating margin | 9900 | €464,466 | €807,509 | +€343,042 | +73.9% |
| Operating profit (loss) | 9901 | €345,037 | €666,619 | +€321,582 | +93.2% |
| Financial income | 75/76B | €15,243 | €13,372 | -€1,871 | -12.3% |
| Recurring financial income | 75 | €15,243 | €13,372 | -€1,871 | -12.3% |
| Financial charges | 65/66B | €40,213 | €44,683 | +€4,470 | +11.1% |
| Recurring financial charges | 65 | €40,213 | €44,683 | +€4,470 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €320,066 | €635,308 | +€315,241 | +98.5% |
| Income taxes | 67/77 | €99,407 | €191,162 | +€91,755 | +92.3% |
| Profit (loss) for the period | 9904 | €220,659 | €444,145 | +€223,486 | +101.3% |
| Profit (loss) for the period to be appropriated | 9905 | €220,659 | €444,145 | +€223,486 | +101.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.