CIACFLEET: 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
CIACFLEET
NACE 77.110, Renting and leasing of cars and light motor vehicles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €1.9m-€703,923
Equity
€8.8m
2024 · €7.7m+€1.1m
Cash
€1.0m
2024 · €1.1m-€46,378
Balance sheet total
€59.8m
2024 · €56.0m+€3.8m
Largest movements
Assets
- Stocks and contracts +€3.7m
up €3.7m (+7.0%), from €53.0m to €56.7m
Equity and liabilities
- Debts after one year +€2.2m
up €2.2m (+6.6%), from €34.2m to €36.5m
- Profit (loss) carried forward +€1.1m
up €1.1m (+15.5%), from €7.4m to €8.6m
- Current portion of long-term debt +€624,198
up €624,198 (+5.8%), from €10.8m to €11.4m
Income statement
- Goods and materials -€2.9m
down €2.9m (-7.9%), from €36.8m to €33.9m
- Turnover -€1.9m
down €1.9m (-6.4%), from €29.2m to €27.4m
- Other operating income -€1.1m
down €1.1m (-15.3%), from €7.5m to €6.4m
- Financial charges +€357,250
up €357,250 (+21.1%), from €1.7m to €2.1m
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
€1.9m
Turnover
-€1.9m
Other operating income
-€1.1m
Goods and materials
+€2.9m
Services and other goods
-€284,973
Staff costs
+€60,311
Depreciation
+€6,470
Write-downs
+€144,071
Provisions
-€277,587
Other operating charges
+€70,927
Other operating items
-€209,232
Financial income
+€1,119
Financial charges
-€357,250
Taxes
+€250,687
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
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
-€2.8m
Investment
-€7,600
Financing
+€2.8m
Cash 2024
€1.1m
From operations (derived)
-€2.8m
Net result for the year
+€1.2m
Depreciation
+€10,099
Stocks and contracts
-€3.7m
Receivables within one year
-€80,169
Deferred charges and accrued income
-€35,306
Provisions
+€230,899
Trade debts
-€502,709
Tax, wage and social debts
+€16,740
Advances received
+€76,805
Other debts
-€75,000
Accrued charges and deferred income
+€11,350
Investment (derived)
-€7,600
Investment in fixed assets (net)
-€7,600
Financing
+€2.8m
Debts after one year
+€2.2m
Current portion of long-term debt
+€624,198
Contributions, distributions and other
-€100,000
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,002,568 | €59,776,237 | +€3.8m | +6.7% |
| Fixed assets | 21/28 | €125,336 | €122,838 | -€2,499 | -2.0% |
| Tangible fixed assets | 22/27 | €25,350 | €15,251 | -€10,099 | -39.8% |
| Furniture and vehicles | 24 | €25,350 | €15,251 | -€10,099 | -39.8% |
| Financial fixed assets | 28 | €99,986 | €107,586 | +€7,600 | +7.6% |
| Other financial fixed assets | 284/8 | €99,986 | €107,586 | +€7,600 | +7.6% |
| Amounts receivable and cash guarantees | 285/8 | €99,986 | €107,586 | +€7,600 | +7.6% |
| Current assets | 29/58 | €55,877,231 | €59,653,400 | +€3.8m | +6.8% |
| Stocks and contracts in progress | 3 | €52,992,535 | €56,699,605 | +€3.7m | +7.0% |
| Contracts in progress | 37 | €52,992,535 | €56,699,605 | +€3.7m | +7.0% |
| Amounts receivable within one year | 40/41 | €1,672,466 | €1,752,635 | +€80,169 | +4.8% |
| Trade receivables | 40 | €1,643,053 | €1,694,407 | +€51,353 | +3.1% |
| Other amounts receivable | 41 | €29,413 | €58,229 | +€28,816 | +98.0% |
| Cash at bank and in hand | 54/58 | €1,079,861 | €1,033,483 | -€46,378 | -4.3% |
| Deferred charges and accrued income | 490/1 | €132,369 | €167,675 | +€35,306 | +26.7% |
| Total equity and liabilities | 10/49 | €56,002,568 | €59,776,237 | +€3.8m | +6.7% |
| Equity | 10/15 | €7,672,900 | €8,818,861 | +€1.1m | +14.9% |
| Contributions | 10/11 | €227,864 | €227,864 | = | 0.0% |
| Capital | 10 | €227,864 | €227,864 | = | 0.0% |
| Issued capital | 100 | €227,864 | €227,864 | = | 0.0% |
| Reserves | 13 | €29,594 | €29,594 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,786 | €22,786 | = | 0.0% |
| Legal reserve | 130 | €22,786 | €22,786 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,808 | €6,808 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,415,442 | €8,561,404 | +€1.1m | +15.5% |
| Provisions and deferred taxes | 16 | €180,584 | €411,483 | +€230,899 | +128% |
| Provisions for liabilities and charges | 160/5 | €180,584 | €411,483 | +€230,899 | +128% |
| Other liabilities and charges | 164/5 | €180,584 | €411,483 | +€230,899 | +128% |
| Amounts payable | 17/49 | €48,149,083 | €50,545,893 | +€2.4m | +5.0% |
| Amounts payable after more than one year | 17 | €34,236,733 | €36,482,157 | +€2.2m | +6.6% |
| Financial debts | 170/4 | €34,236,733 | €36,482,157 | +€2.2m | +6.6% |
| Subordinated loans | 170 | €1,611,308 | €1,611,308 | = | 0.0% |
| Leasing and similar obligations | 172 | €32,625,425 | €34,870,849 | +€2.2m | +6.9% |
| Amounts payable within one year | 42/48 | €13,912,216 | €14,052,251 | +€140,035 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €10,764,647 | €11,388,845 | +€624,198 | +5.8% |
| Trade debts | 44 | €1,538,867 | €1,036,159 | -€502,709 | -32.7% |
| Suppliers | 440/4 | €1,538,867 | €1,036,159 | -€502,709 | -32.7% |
| Advances received on contracts in progress | 46 | €743,210 | €820,016 | +€76,805 | +10.3% |
| Taxes, remuneration and social security | 45 | €290,491 | €307,231 | +€16,740 | +5.8% |
| Taxes | 450/3 | €209,697 | €249,362 | +€39,665 | +18.9% |
| Remuneration and social security | 454/9 | €80,794 | €57,869 | -€22,925 | -28.4% |
| Other amounts payable | 47/48 | €575,000 | €500,000 | -€75,000 | -13.0% |
| Accrued charges and deferred income | 492/3 | €135 | €11,485 | +€11,350 | +8,418% |
| Operating income | 70/76A | €46,700,252 | €43,462,107 | -€3.2m | -6.9% |
| Turnover | 70 | €29,238,403 | €27,357,344 | -€1.9m | -6.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €9,961,888 | €9,752,657 | -€209,232 | -2.1% |
| Other operating income | 74 | €7,499,961 | €6,352,107 | -€1.1m | -15.3% |
| Operating charges | 60/66A | €42,379,066 | €39,739,401 | -€2.6m | -6.2% |
| Goods for resale, raw materials and consumables | 60 | €36,783,337 | €33,862,890 | -€2.9m | -7.9% |
| Purchases | 600/8 | €36,783,337 | €33,862,890 | -€2.9m | -7.9% |
| Services and other goods | 61 | €4,418,161 | €4,703,134 | +€284,973 | +6.5% |
| Remuneration, social security and pensions | 62 | €656,909 | €596,598 | -€60,311 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,569 | €10,099 | -€6,470 | -39.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,895 | -€115,176 | -€144,071 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€46,689 | €230,899 | +€277,587 | |
| Other operating charges | 640/8 | €521,884 | €450,957 | -€70,927 | -13.6% |
| Operating profit (loss) | 9901 | €4,321,186 | €3,722,706 | -€598,480 | -13.8% |
| Financial income | 75/76B | €284 | €1,403 | +€1,119 | +394% |
| Recurring financial income | 75 | €284 | €1,403 | +€1,119 | +394% |
| Other financial income | 752/9 | €284 | €1,403 | +€1,119 | +394% |
| Financial charges | 65/66B | €1,695,226 | €2,052,475 | +€357,250 | +21.1% |
| Recurring financial charges | 65 | €1,695,226 | €2,052,475 | +€357,250 | +21.1% |
| Debt charges | 650 | €1,692,088 | €2,049,189 | +€357,101 | +21.1% |
| Other financial charges | 652/9 | €3,138 | €3,286 | +€148 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €2,626,244 | €1,671,634 | -€954,610 | -36.3% |
| Income taxes | 67/77 | €676,359 | €425,672 | -€250,687 | -37.1% |
| Taxes | 670/3 | €676,359 | €425,672 | -€250,687 | -37.1% |
| Profit (loss) for the period | 9904 | €1,949,885 | €1,245,961 | -€703,923 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,949,885 | €1,245,961 | -€703,923 | -36.1% |
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.