CI-Projects: what changed
Two fiscal 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.
CI-Projects
Largest movements
- Cash -€7,418
down €7,418 (-55.1%), from €13,464 to €6,045
mainly Net result for the year (-€9,955) and Tax, wage and social debts (-€4,190)
- Receivables within one year -€6,823
down €6,823 (-74.4%), from €9,166 to €2,344
of which Other amounts receivable: -€6,823
- Tangible fixed assets -€5,479
down €5,479 (-42.0%), from €13,035 to €7,556
- Reserves -€6,769
down €6,769 (-53.6%), from €12,629 to €5,861
- Tax, wage and social debts -€4,190
down €4,190 (-100.0%), from €4,190 to €0
- Current portion of long-term debt -€3,864
down €3,864 (-100.0%), from €3,864 to €0
- Profit (loss) carried forward -€3,187
new in 2025: -€3,187
- Other debts -€2,451
down €2,451 (-25.3%), from €9,669 to €7,218
- Gross operating margin -€18,587
down €18,587, from €14,968 to -€3,619
- Taxes -€1,881
down €1,881 (-97.5%), from €1,929 to €47
- Financial charges -€323
down €323 (-73.4%), from €440 to €117
- Depreciation +€239
up €239 (+4.6%), from €5,240 to €5,479
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 | €35,665 | €15,945 | -€19,720 | -55.3% |
| Fixed assets | 21/28 | €13,035 | €7,556 | -€5,479 | -42.0% |
| Tangible fixed assets | 22/27 | €13,035 | €7,556 | -€5,479 | -42.0% |
| Furniture and vehicles | 24 | €13,035 | €7,556 | -€5,479 | -42.0% |
| Current assets | 29/58 | €22,630 | €8,389 | -€14,241 | -62.9% |
| Amounts receivable within one year | 40/41 | €9,166 | €2,344 | -€6,823 | -74.4% |
| Trade receivables | 40 | €2,095 | €2,095 | = | 0.0% |
| Other amounts receivable | 41 | €7,071 | €249 | -€6,823 | -96.5% |
| Cash at bank and in hand | 54/58 | €13,464 | €6,045 | -€7,418 | -55.1% |
| Total equity and liabilities | 10/49 | €35,665 | €15,945 | -€19,720 | -55.3% |
| Equity | 10/15 | €15,629 | €5,674 | -€9,955 | -63.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,629 | €5,861 | -€6,769 | -53.6% |
| Distributable reserves | 133 | €12,629 | €5,861 | -€6,769 | -53.6% |
| Profit (loss) carried forward | 14 | - | -€3,187 | -€3,187 | |
| Amounts payable | 17/49 | €20,036 | €10,271 | -€9,765 | -48.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €20,031 | €10,271 | -€9,760 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €3,864 | €0 | -€3,864 | -100.0% |
| Trade debts | 44 | €2,308 | €3,053 | +€745 | +32.3% |
| Suppliers | 440/4 | €2,308 | €3,053 | +€745 | +32.3% |
| Taxes, remuneration and social security | 45 | €4,190 | €0 | -€4,190 | -100.0% |
| Taxes | 450/3 | €4,190 | €0 | -€4,190 | -100.0% |
| Other amounts payable | 47/48 | €9,669 | €7,218 | -€2,451 | -25.3% |
| Accrued charges and deferred income | 492/3 | €5 | €0 | -€5 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,240 | €5,479 | +€239 | +4.6% |
| Other operating charges | 640/8 | €590 | €693 | +€103 | +17.4% |
| Gross operating margin | 9900 | €14,968 | -€3,619 | -€18,587 | |
| Operating profit (loss) | 9901 | €9,138 | -€9,791 | -€18,929 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €440 | €117 | -€323 | -73.4% |
| Recurring financial charges | 65 | €440 | €117 | -€323 | -73.4% |
| Profit (loss) for the period before taxes | 9903 | €8,697 | -€9,908 | -€18,606 | |
| Income taxes | 67/77 | €1,929 | €47 | -€1,881 | -97.5% |
| Profit (loss) for the period | 9904 | €6,769 | -€9,955 | -€16,724 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,769 | -€9,955 | -€16,724 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.