CPR INVEST: 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.
CPR INVEST
Largest movements
- Receivables within one year -€25,238
down €25,238 (-33.4%), from €75,615 to €50,377
of which Other amounts receivable: -€23,048
- Tangible fixed assets -€17,856
down €17,856 (-2.4%), from €737,457 to €719,602
of which Land and buildings: -€15,275
- Reserves -€112,223
down €112,223 (-22.1%), from €507,330 to €395,106
of which Distributable reserves: -€96,477
- Other debts +€99,141
new in 2025: €99,141
- Debts after one year -€14,670
down €14,670 (-6.6%), from €222,366 to €207,696
- Tax, wage and social debts -€9,941
down €9,941 (-61.2%), from €16,233 to €6,292
- Gross operating margin -€7,324
down €7,324 (-20.4%), from €35,861 to €28,536
- Depreciation -€6,218
down €6,218 (-20.7%), from €30,086 to €23,868
- Financial charges -€3,108
down €3,108 (-25.9%), from €12,020 to €8,912
- Financial income -€1,526
down €1,526 (-35.6%), from €4,291 to €2,765
- Taxes +€809
up €809 (+11.7%), from €6,893 to €7,702
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.
Derived cash bridge
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 | €921,019 | €881,867 | -€39,152 | -4.3% |
| Fixed assets | 21/28 | €737,457 | €719,602 | -€17,856 | -2.4% |
| Tangible fixed assets | 22/27 | €737,457 | €719,602 | -€17,856 | -2.4% |
| Land and buildings | 22 | €729,540 | €714,265 | -€15,275 | -2.1% |
| Plant, machinery and equipment | 23 | €1,440 | €968 | -€472 | -32.8% |
| Furniture and vehicles | 24 | €6,477 | €4,369 | -€2,109 | -32.6% |
| Current assets | 29/58 | €183,562 | €162,266 | -€21,296 | -11.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,615 | €50,377 | -€25,238 | -33.4% |
| Trade receivables | 40 | €15,249 | €13,059 | -€2,190 | -14.4% |
| Other amounts receivable | 41 | €60,366 | €37,318 | -€23,048 | -38.2% |
| Cash at bank and in hand | 54/58 | €7,947 | €11,889 | +€3,942 | +49.6% |
| Total equity and liabilities | 10/49 | €921,019 | €881,867 | -€39,152 | -4.3% |
| Equity | 10/15 | €508,848 | €402,047 | -€106,801 | -21.0% |
| Contributions | 10/11 | €6,941 | €6,941 | = | 0.0% |
| Reserves | 13 | €507,330 | €395,106 | -€112,223 | -22.1% |
| Non-distributable reserves | 130/1 | €2,033 | - | -€2,033 | |
| Reserves not available under the articles | 1311 | €2,033 | - | -€2,033 | |
| Tax-exempt reserves | 132 | €406,156 | €392,442 | -€13,714 | -3.4% |
| Distributable reserves | 133 | €99,141 | €2,664 | -€96,477 | -97.3% |
| Profit (loss) carried forward | 14 | -€5,422 | - | +€5,422 | |
| Provisions and deferred taxes | 16 | €157,570 | €151,810 | -€5,761 | -3.7% |
| Deferred taxes | 168 | €157,570 | €151,810 | -€5,761 | -3.7% |
| Amounts payable | 17/49 | €254,601 | €328,010 | +€73,409 | +28.8% |
| Amounts payable after more than one year | 17 | €222,366 | €207,696 | -€14,670 | -6.6% |
| Financial debts | 170/4 | €222,366 | €207,696 | -€14,670 | -6.6% |
| Amounts payable within one year | 42/48 | €32,235 | €120,314 | +€88,079 | +273% |
| Current portion of amounts payable after more than one year | 42 | €14,145 | €14,670 | +€525 | +3.7% |
| Trade debts | 44 | €1,857 | €212 | -€1,646 | -88.6% |
| Suppliers | 440/4 | €1,857 | €212 | -€1,646 | -88.6% |
| Taxes, remuneration and social security | 45 | €16,233 | €6,292 | -€9,941 | -61.2% |
| Taxes | 450/3 | €16,233 | €6,292 | -€9,941 | -61.2% |
| Other amounts payable | 47/48 | - | €99,141 | +€99,141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,086 | €23,868 | -€6,218 | -20.7% |
| Other operating charges | 640/8 | €4,325 | €4,240 | -€86 | -2.0% |
| Gross operating margin | 9900 | €35,861 | €28,536 | -€7,324 | -20.4% |
| Operating profit (loss) | 9901 | €1,449 | €429 | -€1,020 | -70.4% |
| Financial income | 75/76B | €4,291 | €2,765 | -€1,526 | -35.6% |
| Recurring financial income | 75 | €4,291 | €2,765 | -€1,526 | -35.6% |
| Financial charges | 65/66B | €12,020 | €8,912 | -€3,108 | -25.9% |
| Recurring financial charges | 65 | €12,020 | €8,912 | -€3,108 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,280 | -€5,719 | +€561 | +8.9% |
| Transfer from deferred taxes | 780 | €5,761 | €5,761 | = | 0.0% |
| Income taxes | 67/77 | €6,893 | €7,702 | +€809 | +11.7% |
| Profit (loss) for the period | 9904 | -€7,413 | -€7,660 | -€247 | -3.3% |
| Transfer from tax-exempt reserves | 789 | €13,714 | €13,714 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,301 | €6,054 | -€247 | -3.9% |
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 1 November 2026 via checked.be.