CUMA D.P.: 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.
CUMA D.P.
Largest movements
- Tangible fixed assets -€74,099
down €74,099 (-12.1%), from €611,805 to €537,707
of which Leasing and similar rights: -€63,923
- Receivables within one year +€8,943
up €8,943 (+10.8%), from €82,743 to €91,686
of which Other amounts receivable: +€6,684
- Debts after one year -€44,133
down €44,133 (-14.3%), from €309,329 to €265,196
- Reserves -€11,116
down €11,116 (-11.0%), from €101,372 to €90,256
of which Tax-exempt reserves: -€11,116
- Gross operating margin +€16,864
up €16,864 (+16.2%), from €103,868 to €120,732
- Depreciation +€8,253
up €8,253 (+7.3%), from €113,345 to €121,599
- Financial charges -€2,193
down €2,193 (-16.7%), from €13,169 to €10,976
From the 2025 result to the 2026 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €701,997 | €638,355 | -€63,641 | -9.1% |
| Fixed assets | 21/28 | €614,305 | €540,207 | -€74,099 | -12.1% |
| Tangible fixed assets | 22/27 | €611,805 | €537,707 | -€74,099 | -12.1% |
| Plant, machinery and equipment | 23 | €188,556 | €178,380 | -€10,175 | -5.4% |
| Leasing and similar rights | 25 | €423,249 | €359,326 | -€63,923 | -15.1% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €87,692 | €98,149 | +€10,457 | +11.9% |
| Stocks and contracts in progress | 3 | €944 | - | -€944 | |
| Stocks | 30/36 | €944 | - | -€944 | |
| Amounts receivable within one year | 40/41 | €82,743 | €91,686 | +€8,943 | +10.8% |
| Trade receivables | 40 | €75,872 | €78,132 | +€2,259 | +3.0% |
| Other amounts receivable | 41 | €6,870 | €13,554 | +€6,684 | +97.3% |
| Current investments | 50/53 | €89 | €2,580 | +€2,490 | +2,787% |
| Deferred charges and accrued income | 490/1 | €3,916 | €3,883 | -€33 | -0.8% |
| Total equity and liabilities | 10/49 | €701,997 | €638,355 | -€63,641 | -9.1% |
| Equity | 10/15 | €195,114 | €186,457 | -€8,657 | -4.4% |
| Contributions | 10/11 | €18,747 | €18,747 | = | 0.0% |
| Contributions outside capital | 11 | €18,747 | €18,747 | = | 0.0% |
| Other | 1109/19 | €18,747 | €18,747 | = | 0.0% |
| Reserves | 13 | €101,372 | €90,256 | -€11,116 | -11.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €99,497 | €88,381 | -€11,116 | -11.2% |
| Profit (loss) carried forward | 14 | €74,994 | €77,453 | +€2,459 | +3.3% |
| Provisions and deferred taxes | 16 | €33,166 | €29,460 | -€3,705 | -11.2% |
| Deferred taxes | 168 | €33,166 | €29,460 | -€3,705 | -11.2% |
| Amounts payable | 17/49 | €473,717 | €422,438 | -€51,279 | -10.8% |
| Amounts payable after more than one year | 17 | €309,329 | €265,196 | -€44,133 | -14.3% |
| Financial debts | 170/4 | €309,329 | €265,196 | -€44,133 | -14.3% |
| Amounts payable within one year | 42/48 | €164,388 | €157,242 | -€7,145 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €79,522 | €80,133 | +€611 | +0.8% |
| Financial debts | 43 | €18,620 | €11,812 | -€6,808 | -36.6% |
| Credit institutions | 430/8 | €18,620 | €11,812 | -€6,808 | -36.6% |
| Trade debts | 44 | €9,475 | €6,527 | -€2,949 | -31.1% |
| Suppliers | 440/4 | €9,475 | €6,527 | -€2,949 | -31.1% |
| Taxes, remuneration and social security | 45 | - | €2,000 | +€2,000 | |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €56,770 | €56,770 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,345 | €121,599 | +€8,253 | +7.3% |
| Other operating charges | 640/8 | €429 | €513 | +€84 | +19.7% |
| Gross operating margin | 9900 | €103,868 | €120,732 | +€16,864 | +16.2% |
| Operating profit (loss) | 9901 | -€9,906 | -€1,379 | +€8,527 | +86.1% |
| Financial income | 75/76B | €100 | €1 | -€100 | -99.5% |
| Recurring financial income | 75 | €100 | €1 | -€100 | -99.5% |
| Financial charges | 65/66B | €13,169 | €10,976 | -€2,193 | -16.7% |
| Recurring financial charges | 65 | €13,169 | €10,976 | -€2,193 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€22,975 | -€12,355 | +€10,620 | +46.2% |
| Transfer from deferred taxes | 780 | €3,705 | €3,705 | = | 0.0% |
| Income taxes | 67/77 | - | €7 | +€7 | |
| Profit (loss) for the period | 9904 | -€19,270 | -€8,657 | +€10,613 | +55.1% |
| Transfer from tax-exempt reserves | 789 | €11,116 | €11,116 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,154 | €2,459 | +€10,613 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.