CIARAFONI DEBORAH: 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.
CIARAFONI DEBORAH
Largest movements
- Cash +€31,533
up €31,533 (+12.4%), from €254,071 to €285,604
mainly Other debts (+€12,288) and Deferred charges and accrued income (+€8,000)
- Tangible fixed assets -€8,481
down €8,481 (-56.0%), from €15,137 to €6,656
- Deferred charges and accrued income -€8,000
down €8,000 (-10.6%), from €75,604 to €67,604
- Other debts +€12,288
up €12,288 (+6.4%), from €192,543 to €204,831
- Current portion of long-term debt -€8,562
no longer reported in 2025 (was €8,562)
- Reserves +€6,562
up €6,562 (+5.0%), from €130,944 to €137,506
- Trade debts +€5,104
up €5,104 (+1,702%), from €300 to €5,404
- Financial charges +€19,520
up €19,520 (+49.7%), from €39,313 to €58,833
- Gross operating margin -€18,376
down €18,376 (-20.1%), from €91,605 to €73,229
- Depreciation -€12,679
down €12,679 (-85.5%), from €14,827 to €2,148
- Taxes -€6,652
down €6,652 (-52.8%), from €12,597 to €5,945
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 | €425,098 | €440,490 | +€15,392 | +3.6% |
| Fixed assets | 21/28 | €15,137 | €6,656 | -€8,481 | -56.0% |
| Tangible fixed assets | 22/27 | €15,137 | €6,656 | -€8,481 | -56.0% |
| Furniture and vehicles | 24 | €15,137 | €6,656 | -€8,481 | -56.0% |
| Current assets | 29/58 | €409,961 | €433,834 | +€23,873 | +5.8% |
| Amounts receivable within one year | 40/41 | €80,286 | €80,627 | +€340 | +0.4% |
| Other amounts receivable | 41 | €80,286 | €80,627 | +€340 | +0.4% |
| Cash at bank and in hand | 54/58 | €254,071 | €285,604 | +€31,533 | +12.4% |
| Deferred charges and accrued income | 490/1 | €75,604 | €67,604 | -€8,000 | -10.6% |
| Total equity and liabilities | 10/49 | €425,098 | €440,490 | +€15,392 | +3.6% |
| Equity | 10/15 | €223,694 | €230,256 | +€6,562 | +2.9% |
| Contributions | 10/11 | €92,750 | €92,750 | = | 0.0% |
| Reserves | 13 | €130,944 | €137,506 | +€6,562 | +5.0% |
| Distributable reserves | 133 | €130,944 | €137,506 | +€6,562 | +5.0% |
| Amounts payable | 17/49 | €201,404 | €210,234 | +€8,830 | +4.4% |
| Amounts payable within one year | 42/48 | €201,404 | €210,234 | +€8,830 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €8,562 | - | -€8,562 | |
| Trade debts | 44 | €300 | €5,404 | +€5,104 | +1,702% |
| Suppliers | 440/4 | €300 | €5,404 | +€5,104 | +1,702% |
| Other amounts payable | 47/48 | €192,543 | €204,831 | +€12,288 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,827 | €2,148 | -€12,679 | -85.5% |
| Other operating charges | 640/8 | €459 | €537 | +€79 | +17.2% |
| Gross operating margin | 9900 | €91,605 | €73,229 | -€18,376 | -20.1% |
| Operating profit (loss) | 9901 | €76,319 | €70,543 | -€5,776 | -7.6% |
| Financial income | 75/76B | €168 | €797 | +€629 | +374% |
| Recurring financial income | 75 | €168 | €797 | +€629 | +374% |
| Financial charges | 65/66B | €39,313 | €58,833 | +€19,520 | +49.7% |
| Recurring financial charges | 65 | €39,313 | €58,833 | +€19,520 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | €37,175 | €12,507 | -€24,667 | -66.4% |
| Income taxes | 67/77 | €12,597 | €5,945 | -€6,652 | -52.8% |
| Profit (loss) for the period | 9904 | €24,578 | €6,562 | -€18,016 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,578 | €6,562 | -€18,016 | -73.3% |
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 16 October 2026 via checked.be.