CIBATI: 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.
CIBATI
Largest movements
- Financial fixed assets +€150,000
new in 2025: €150,000
- Tangible fixed assets -€91,384
down €91,384 (-29.6%), from €308,562 to €217,179
of which Furniture and vehicles: -€52,235
- Receivables within one year -€52,284
down €52,284 (-83.3%), from €62,756 to €10,472
of which Trade receivables: -€54,323
- Stocks and contracts -€25,000
down €25,000 (-71.4%), from €35,000 to €10,000
- Cash +€11,731
up €11,731 (+1049.1%), from €1,118 to €12,849
mainly Debts after one year (+€78,254) and Receivables within one year (+€52,284)
- Profit (loss) carried forward -€139,186
down €139,186, from €67,791 to -€71,395
- Debts after one year +€78,254
up €78,254 (+38.1%), from €205,245 to €283,499
- Other debts +€50,276
up €50,276 (+117.4%), from €42,837 to €93,113
- Trade debts +€6,930
up €6,930 (+61.8%), from €11,213 to €18,143
- Turnover +€377,886
new in 2025: €377,886
- Purchases and services +€216,622
new in 2025: €216,622
- Staff costs +€57,228
up €57,228 (+42.5%), from €134,786 to €192,014
- Depreciation +€47,719
new in 2025: €47,719
- Gross operating margin +€24,464
up €24,464 (+12.0%), from €204,395 to €228,859
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 | €407,437 | €403,525 | -€3,912 | -1.0% |
| Fixed assets | 21/28 | €308,562 | €367,179 | +€58,617 | +19.0% |
| Tangible fixed assets | 22/27 | €308,562 | €217,179 | -€91,384 | -29.6% |
| Land and buildings | 22 | €173,684 | €157,547 | -€16,137 | -9.3% |
| Plant, machinery and equipment | 23 | €29,546 | €6,535 | -€23,011 | -77.9% |
| Furniture and vehicles | 24 | €105,333 | €53,098 | -€52,235 | -49.6% |
| Financial fixed assets | 28 | - | €150,000 | +€150,000 | |
| Current assets | 29/58 | €98,874 | €36,346 | -€62,529 | -63.2% |
| Stocks and contracts in progress | 3 | €35,000 | €10,000 | -€25,000 | -71.4% |
| Stocks | 30/36 | €35,000 | €10,000 | -€25,000 | -71.4% |
| Amounts receivable within one year | 40/41 | €62,756 | €10,472 | -€52,284 | -83.3% |
| Trade receivables | 40 | €57,228 | €2,905 | -€54,323 | -94.9% |
| Other amounts receivable | 41 | €5,528 | €7,566 | +€2,039 | +36.9% |
| Cash at bank and in hand | 54/58 | €1,118 | €12,849 | +€11,731 | +1049.1% |
| Deferred charges and accrued income | 490/1 | - | €3,025 | +€3,025 | |
| Total equity and liabilities | 10/49 | €407,437 | €403,525 | -€3,912 | -1.0% |
| Equity | 10/15 | €91,521 | -€47,665 | -€139,186 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,130 | €5,130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €3,270 | €5,130 | +€1,860 | +56.9% |
| Profit (loss) carried forward | 14 | €67,791 | -€71,395 | -€139,186 | |
| Amounts payable | 17/49 | €315,916 | €451,190 | +€135,274 | +42.8% |
| Amounts payable after more than one year | 17 | €205,245 | €283,499 | +€78,254 | +38.1% |
| Financial debts | 170/4 | €205,245 | €283,499 | +€78,254 | +38.1% |
| Amounts payable within one year | 42/48 | €110,671 | €167,690 | +€57,020 | +51.5% |
| Current portion of amounts payable after more than one year | 42 | €28,979 | €31,677 | +€2,698 | +9.3% |
| Trade debts | 44 | €11,213 | €18,143 | +€6,930 | +61.8% |
| Suppliers | 440/4 | €11,213 | €18,143 | +€6,930 | +61.8% |
| Taxes, remuneration and social security | 45 | €27,642 | €24,757 | -€2,884 | -10.4% |
| Taxes | 450/3 | €14,205 | €2,664 | -€11,541 | -81.2% |
| Remuneration and social security | 454/9 | €13,437 | €22,093 | +€8,656 | +64.4% |
| Other amounts payable | 47/48 | €42,837 | €93,113 | +€50,276 | +117.4% |
| Turnover | 70 | - | €377,886 | +€377,886 | |
| Non-recurring operating income | 76A | €12,500 | - | -€12,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €216,622 | +€216,622 | |
| Remuneration, social security and pensions | 62 | €134,786 | €192,014 | +€57,228 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €47,719 | +€47,719 | |
| Other operating charges | 640/8 | €8,069 | €9,438 | +€1,369 | +17.0% |
| Non-recurring operating charges | 66A | €1,590 | €1,598 | +€7 | +0.5% |
| Gross operating margin | 9900 | €204,395 | €228,859 | +€24,464 | +12.0% |
| Operating profit (loss) | 9901 | €59,951 | -€21,910 | -€81,860 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €6,730 | €9,664 | +€2,934 | +43.6% |
| Recurring financial charges | 65 | €6,730 | €9,664 | +€2,934 | +43.6% |
| Profit (loss) for the period before taxes | 9903 | €53,221 | -€31,569 | -€84,790 | |
| Income taxes | 67/77 | €4,332 | €201 | -€4,131 | -95.4% |
| Profit (loss) for the period | 9904 | €48,889 | -€31,770 | -€80,659 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,889 | -€31,770 | -€80,659 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.