CIBE.E: 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.
CIBE.E
Largest movements
- Receivables after one year -€194,346
no longer reported in 2025 (was €194,346)
- Deferred charges and accrued income -€29,611
down €29,611 (-98.6%), from €30,036 to €425
- Receivables within one year -€20,734
down €20,734 (-41.6%), from €49,792 to €29,058
of which Trade receivables: -€20,398
- Cash -€13,128
down €13,128 (-82.3%), from €15,952 to €2,824
mainly Net result for the year (-€213,355) and Other debts (-€46,316)
- Profit (loss) carried forward -€213,355
down €213,355 (-2.5%), from -€8.6m to -€8.8m
- Other debts -€46,316
down €46,316 (-44.9%), from €103,068 to €56,752
- Gross operating margin -€13,753
down €13,753 (-15.3%), from €89,814 to €76,061
- Financial income -€7,418
down €7,418 (-37.7%), from €19,651 to €12,233
- Staff costs +€2,314
new in 2025: €2,314
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 | €292,127 | €34,307 | -€257,819 | -88.3% |
| Fixed assets | 21/28 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €290,127 | €32,307 | -€257,819 | -88.9% |
| Amounts receivable after more than one year | 29 | €194,346 | - | -€194,346 | |
| Other amounts receivable | 291 | €194,346 | - | -€194,346 | |
| Amounts receivable within one year | 40/41 | €49,792 | €29,058 | -€20,734 | -41.6% |
| Trade receivables | 40 | €49,421 | €29,023 | -€20,398 | -41.3% |
| Other amounts receivable | 41 | €371 | €35 | -€336 | -90.5% |
| Cash at bank and in hand | 54/58 | €15,952 | €2,824 | -€13,128 | -82.3% |
| Deferred charges and accrued income | 490/1 | €30,036 | €425 | -€29,611 | -98.6% |
| Total equity and liabilities | 10/49 | €292,127 | €34,307 | -€257,819 | -88.3% |
| Equity | 10/15 | €180,648 | -€32,708 | -€213,355 | |
| Contributions | 10/11 | €8,779,988 | €8,779,988 | = | 0.0% |
| Capital | 10 | €8,779,988 | €8,779,988 | = | 0.0% |
| Issued capital | 100 | €8,779,988 | €8,779,988 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,599,340 | -€8,812,696 | -€213,355 | -2.5% |
| Amounts payable | 17/49 | €111,479 | €67,015 | -€44,464 | -39.9% |
| Amounts payable within one year | 42/48 | €111,479 | €67,015 | -€44,464 | -39.9% |
| Trade debts | 44 | €3,369 | €4,282 | +€913 | +27.1% |
| Suppliers | 440/4 | €3,369 | €4,282 | +€913 | +27.1% |
| Taxes, remuneration and social security | 45 | €5,042 | €5,982 | +€940 | +18.6% |
| Taxes | 450/3 | €5,042 | €5,982 | +€940 | +18.6% |
| Other amounts payable | 47/48 | €103,068 | €56,752 | -€46,316 | -44.9% |
| Remuneration, social security and pensions | 62 | - | €2,314 | +€2,314 | |
| Other operating charges | 640/8 | €1,546 | €1,744 | +€197 | +12.8% |
| Non-recurring operating charges | 66A | - | €297,013 | +€297,013 | |
| Gross operating margin | 9900 | €89,814 | €76,061 | -€13,753 | -15.3% |
| Operating profit (loss) | 9901 | €88,268 | -€225,010 | -€313,277 | |
| Financial income | 75/76B | €19,651 | €12,233 | -€7,418 | -37.7% |
| Recurring financial income | 75 | €19,651 | €12,233 | -€7,418 | -37.7% |
| Financial charges | 65/66B | €103 | €72 | -€31 | -30.2% |
| Recurring financial charges | 65 | €103 | €72 | -€31 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €107,816 | -€212,848 | -€320,664 | |
| Income taxes | 67/77 | €208 | €507 | +€299 | +144% |
| Profit (loss) for the period | 9904 | €107,608 | -€213,355 | -€320,963 | |
| Profit (loss) for the period to be appropriated | 9905 | €107,608 | -€213,355 | -€320,963 |
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 20 October 2026 via checked.be.