CUPPIE: 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
CUPPIE
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€49,368
2024 · €48,555+€813
Equity
€507,132
2024 · €462,764+€44,368
Cash
€2,399
2024 · €4,729-€2,330
Balance sheet total
€594,770
2024 · €539,895+€54,875
Largest movements
Assets
- Receivables within one year +€53,081
up €53,081 (+101%), from €52,381 to €105,462
of which Trade receivables: +€36,331
Equity and liabilities
- Reserves +€44,368
up €44,368 (+9.7%), from €456,564 to €500,932
- Other debts +€9,219
up €9,219 (+17.8%), from €51,853 to €61,072
Income statement
- Depreciation +€958
up €958 (+235%), from €407 to €1,365
- Financial charges -€888
down €888 (-18.1%), from €4,906 to €4,019
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
€48,555
Gross operating margin
+€247
Depreciation
-€958
Other operating charges
-€66
Financial charges
+€888
Taxes
+€702
Result 2025
€49,368
raises the resultlowers the result
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.
From operations
+€7,259
Investment
-€4,564
Financing
-€5,025
Cash 2024
€4,729
From operations (derived)
+€7,259
Net result for the year
+€49,368
Depreciation
+€1,365
Receivables within one year
-€53,081
Deferred charges and accrued income
-€926
Trade debts
-€719
Tax, wage and social debts
-€1,179
Other debts
+€9,219
Accrued charges and deferred income
+€3,213
Investment (derived)
-€4,564
Investment in fixed assets (net)
-€4,564
Financing
-€5,025
Short-term financial debts
-€25
Contributions, distributions and other
-€5,000
Cash 2025
€2,399
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €539,895 | €594,770 | +€54,875 | +10.2% |
| Fixed assets | 21/28 | €481,822 | €485,021 | +€3,199 | +0.7% |
| Tangible fixed assets | 22/27 | €109 | €3,308 | +€3,199 | +2,924% |
| Plant, machinery and equipment | 23 | €109 | - | -€109 | |
| Furniture and vehicles | 24 | - | €1,423 | +€1,423 | |
| Other tangible fixed assets | 26 | - | €1,885 | +€1,885 | |
| Financial fixed assets | 28 | €481,713 | €481,713 | = | 0.0% |
| Current assets | 29/58 | €58,072 | €109,749 | +€51,676 | +89.0% |
| Amounts receivable within one year | 40/41 | €52,381 | €105,462 | +€53,081 | +101% |
| Trade receivables | 40 | - | €36,331 | +€36,331 | |
| Other amounts receivable | 41 | €52,381 | €69,131 | +€16,750 | +32.0% |
| Cash at bank and in hand | 54/58 | €4,729 | €2,399 | -€2,330 | -49.3% |
| Deferred charges and accrued income | 490/1 | €962 | €1,888 | +€926 | +96.2% |
| Total equity and liabilities | 10/49 | €539,895 | €594,770 | +€54,875 | +10.2% |
| Equity | 10/15 | €462,764 | €507,132 | +€44,368 | +9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €456,564 | €500,932 | +€44,368 | +9.7% |
| Distributable reserves | 133 | €456,564 | €500,932 | +€44,368 | +9.7% |
| Amounts payable | 17/49 | €77,131 | €87,638 | +€10,507 | +13.6% |
| Amounts payable within one year | 42/48 | €74,965 | €82,260 | +€7,295 | +9.7% |
| Financial debts | 43 | €6,771 | €6,746 | -€25 | -0.4% |
| Credit institutions | 430/8 | €6,771 | €6,746 | -€25 | -0.4% |
| Trade debts | 44 | €1,471 | €751 | -€719 | -48.9% |
| Suppliers | 440/4 | €1,471 | €751 | -€719 | -48.9% |
| Taxes, remuneration and social security | 45 | €14,870 | €13,691 | -€1,179 | -7.9% |
| Taxes | 450/3 | €12,993 | €11,689 | -€1,304 | -10.0% |
| Remuneration and social security | 454/9 | €1,877 | €2,002 | +€125 | +6.7% |
| Other amounts payable | 47/48 | €51,853 | €61,072 | +€9,219 | +17.8% |
| Accrued charges and deferred income | 492/3 | €2,166 | €5,378 | +€3,213 | +148% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €407 | €1,365 | +€958 | +235% |
| Other operating charges | 640/8 | €533 | €599 | +€66 | +12.4% |
| Gross operating margin | 9900 | €72,573 | €72,820 | +€247 | +0.3% |
| Operating profit (loss) | 9901 | €71,633 | €70,856 | -€777 | -1.1% |
| Financial charges | 65/66B | €4,906 | €4,019 | -€888 | -18.1% |
| Recurring financial charges | 65 | €4,906 | €4,019 | -€888 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €66,726 | €66,837 | +€111 | +0.2% |
| Income taxes | 67/77 | €18,171 | €17,469 | -€702 | -3.9% |
| Profit (loss) for the period | 9904 | €48,555 | €49,368 | +€813 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,555 | €49,368 | +€813 | +1.7% |
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 30 October 2026 via checked.be.