CUPPENS CHRIS: 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.
CUPPENS CHRIS
Largest movements
- Cash -€9,244
down €9,244 (-89.7%), from €10,311 to €1,067
mainly Investment in fixed assets (net) (-€25,529) and Net result for the year (-€17,246)
- Tangible fixed assets +€5,373
up €5,373 (+2.3%), from €232,090 to €237,463
of which Furniture and vehicles: +€11,963
- Reserves -€17,246
down €17,246 (-10.7%), from €161,453 to €144,207
of which Distributable reserves: -€17,246
- Trade debts -€9,359
down €9,359 (-28.9%), from €32,420 to €23,061
- Debts after one year +€7,657
up €7,657 (+31.0%), from €24,682 to €32,339
- Current portion of long-term debt +€6,255
up €6,255 (+96.5%), from €6,479 to €12,734
- Other debts +€5,000
up €5,000, from €0 to €5,000
- Depreciation +€7,992
up €7,992 (+65.7%), from €12,164 to €20,156
- Gross operating margin +€6,766
up €6,766 (+129%), from €5,229 to €11,995
- Financial charges +€1,089
up €1,089 (+25.9%), from €4,204 to €5,292
- Financial income -€390
down €390 (-28.4%), from €1,373 to €984
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 | €275,486 | €273,352 | -€2,134 | -0.8% |
| Fixed assets | 21/28 | €232,090 | €237,463 | +€5,373 | +2.3% |
| Tangible fixed assets | 22/27 | €232,090 | €237,463 | +€5,373 | +2.3% |
| Land and buildings | 22 | €189,655 | €183,649 | -€6,006 | -3.2% |
| Plant, machinery and equipment | 23 | €2,228 | €1,644 | -€584 | -26.2% |
| Furniture and vehicles | 24 | €40,207 | €52,170 | +€11,963 | +29.8% |
| Current assets | 29/58 | €43,396 | €35,889 | -€7,507 | -17.3% |
| Stocks and contracts in progress | 3 | €1,550 | €870 | -€680 | -43.9% |
| Stocks | 30/36 | €165 | €870 | +€705 | +427% |
| Contracts in progress | 37 | €1,385 | €0 | -€1,385 | -100% |
| Amounts receivable within one year | 40/41 | €31,403 | €33,799 | +€2,396 | +7.6% |
| Trade receivables | 40 | €6,712 | €1,717 | -€4,995 | -74.4% |
| Other amounts receivable | 41 | €24,690 | €32,082 | +€7,392 | +29.9% |
| Cash at bank and in hand | 54/58 | €10,311 | €1,067 | -€9,244 | -89.7% |
| Deferred charges and accrued income | 490/1 | €133 | €153 | +€20 | +15.1% |
| Total equity and liabilities | 10/49 | €275,486 | €273,352 | -€2,134 | -0.8% |
| Equity | 10/15 | €186,615 | €169,369 | -€17,246 | -9.2% |
| Contributions | 10/11 | €25,161 | €25,161 | = | 0.0% |
| Reserves | 13 | €161,453 | €144,207 | -€17,246 | -10.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €161,453 | €144,207 | -€17,246 | -10.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €88,872 | €103,983 | +€15,112 | +17.0% |
| Amounts payable after more than one year | 17 | €24,682 | €32,339 | +€7,657 | +31.0% |
| Financial debts | 170/4 | €24,682 | €32,339 | +€7,657 | +31.0% |
| Amounts payable within one year | 42/48 | €64,189 | €71,644 | +€7,455 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €6,479 | €12,734 | +€6,255 | +96.5% |
| Financial debts | 43 | €23,599 | €27,212 | +€3,612 | +15.3% |
| Credit institutions | 430/8 | €23,599 | €27,212 | +€3,612 | +15.3% |
| Trade debts | 44 | €32,420 | €23,061 | -€9,359 | -28.9% |
| Suppliers | 440/4 | €32,420 | €23,061 | -€9,359 | -28.9% |
| Taxes, remuneration and social security | 45 | €1,690 | €3,637 | +€1,947 | +115% |
| Taxes | 450/3 | €1,690 | €1,650 | -€40 | -2.4% |
| Remuneration and social security | 454/9 | €0 | €1,987 | +€1,987 | |
| Other amounts payable | 47/48 | €0 | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,164 | €20,156 | +€7,992 | +65.7% |
| Other operating charges | 640/8 | €4,204 | €4,274 | +€69 | +1.6% |
| Gross operating margin | 9900 | €5,229 | €11,995 | +€6,766 | +129% |
| Operating profit (loss) | 9901 | -€11,140 | -€12,435 | -€1,295 | -11.6% |
| Financial income | 75/76B | €1,373 | €984 | -€390 | -28.4% |
| Recurring financial income | 75 | €1,373 | €984 | -€390 | -28.4% |
| Financial charges | 65/66B | €4,204 | €5,292 | +€1,089 | +25.9% |
| Recurring financial charges | 65 | €4,204 | €5,292 | +€1,089 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,970 | -€16,744 | -€2,773 | -19.9% |
| Income taxes | 67/77 | €447 | €502 | +€55 | +12.3% |
| Profit (loss) for the period | 9904 | -€14,418 | -€17,246 | -€2,828 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,418 | -€17,246 | -€2,828 | -19.6% |
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 17 October 2026 via checked.be.