Cibel Consulting: what changed
What changed
Cibel Consulting
NACE 55.204, Guest rooms (bed and breakfast)
filed annual accounts (NBB)
Net result for the year
-€195,817
2023 · -€13,971-€181,846
Equity
€3.6m
2023 · €3.8m-€195,817
Cash
€24,335
2023 · €52,566-€28,231
Balance sheet total
€14.0m
2023 · €13.2m+€772,607
Largest movements
Assets
- Tangible fixed assets +€806,926
up €806,926 (+6.1%), from €13.2m to €14.0m
of which Land and buildings: +€5.1m
Equity and liabilities
- Other debts +€5.2m
up €5.2m (+1,416%), from €367,532 to €5.6m
- Short-term financial debts -€1.9m
down €1.9m (-99.9%), from €1.9m to €2,561
of which Credit institutions: -€1.9m
- Debts after one year -€1.9m
down €1.9m (-29.6%), from €6.3m to €4.5m
- Trade debts -€320,097
down €320,097 (-85.8%), from €373,143 to €53,045
- Profit (loss) carried forward -€195,817
down €195,817 (-61.9%), from -€316,573 to -€512,390
Income statement
- Depreciation +€196,880
up €196,880 (+125%), from €157,797 to €354,677
- Gross operating margin +€31,904
up €31,904 (+10.8%), from €294,319 to €326,223
- Financial charges +€24,757
up €24,757 (+24.0%), from €102,975 to €127,733
- Other operating charges -€10,934
down €10,934 (-33.7%), from €32,411 to €21,477
- Write-downs +€3,879
up €3,879 (+583%), from €666 to €4,545
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€13,971
Gross operating margin
+€31,904
Staff costs
+€928
Depreciation
-€196,880
Write-downs
-€3,879
Other operating charges
+€10,934
Financial income
-€96
Financial charges
-€24,757
Result 2024
-€195,817
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4.9m
Investment
-€1.2m
Financing
-€3.8m
Cash 2023
€52,566
From operations (derived)
+€4.9m
Net result for the year
-€195,817
Depreciation
+€354,677
Smaller working-capital items
+€11,383
Trade debts
-€320,097
Tax, wage and social debts
-€125,555
Other debts
+€5.2m
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
-€3.8m
Debts after one year
-€1.9m
Current portion of long-term debt
-€18,142
Short-term financial debts
-€1.9m
Cash 2024
€24,335
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,222,229 | €13,994,836 | +€772,607 | +5.8% |
| Fixed assets | 21/28 | €13,150,819 | €13,957,746 | +€806,926 | +6.1% |
| Tangible fixed assets | 22/27 | €13,150,819 | €13,957,746 | +€806,926 | +6.1% |
| Land and buildings | 22 | €8,326,449 | €13,403,900 | +€5.1m | +61.0% |
| Plant, machinery and equipment | 23 | €5,427 | €5,427 | = | 0.0% |
| Furniture and vehicles | 24 | €15,531 | €58,169 | +€42,638 | +275% |
| Assets under construction and advance payments | 27 | €4,803,412 | €490,250 | -€4.3m | -89.8% |
| Current assets | 29/58 | €71,410 | €37,090 | -€34,320 | -48.1% |
| Amounts receivable within one year | 40/41 | €1,417 | €2,755 | +€1,339 | +94.5% |
| Trade receivables | 40 | €1,417 | €2,755 | +€1,339 | +94.5% |
| Cash at bank and in hand | 54/58 | €52,566 | €24,335 | -€28,231 | -53.7% |
| Deferred charges and accrued income | 490/1 | €17,427 | €10,000 | -€7,427 | -42.6% |
| Total equity and liabilities | 10/49 | €13,222,229 | €13,994,836 | +€772,607 | +5.8% |
| Equity | 10/15 | €3,810,927 | €3,615,110 | -€195,817 | -5.1% |
| Contributions | 10/11 | €4,125,000 | €4,125,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,125,000 | €4,125,000 | = | 0.0% |
| Other | 1109/19 | €4,125,000 | €4,125,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€316,573 | -€512,390 | -€195,817 | -61.9% |
| Amounts payable | 17/49 | €9,411,302 | €10,379,726 | +€968,424 | +10.3% |
| Amounts payable after more than one year | 17 | €6,337,989 | €4,459,231 | -€1.9m | -29.6% |
| Financial debts | 170/4 | €6,337,989 | €4,459,231 | -€1.9m | -29.6% |
| Amounts payable within one year | 42/48 | €3,073,313 | €5,912,725 | +€2.8m | +92.4% |
| Current portion of amounts payable after more than one year | 42 | €283,523 | €265,381 | -€18,142 | -6.4% |
| Financial debts | 43 | €1,899,828 | €2,561 | -€1.9m | -99.9% |
| Credit institutions | 430/8 | €1,895,397 | - | -€1.9m | |
| Other loans | 439 | €4,431 | €2,561 | -€1,870 | -42.2% |
| Trade debts | 44 | €373,143 | €53,045 | -€320,097 | -85.8% |
| Suppliers | 440/4 | €373,143 | €53,045 | -€320,097 | -85.8% |
| Advances received on contracts in progress | 46 | €2,968 | €493 | -€2,475 | -83.4% |
| Taxes, remuneration and social security | 45 | €146,320 | €20,765 | -€125,555 | -85.8% |
| Taxes | 450/3 | €143,511 | €17,757 | -€125,754 | -87.6% |
| Remuneration and social security | 454/9 | €2,809 | €3,008 | +€200 | +7.1% |
| Other amounts payable | 47/48 | €367,532 | €5,570,481 | +€5.2m | +1,416% |
| Accrued charges and deferred income | 492/3 | - | €7,770 | +€7,770 | |
| Remuneration, social security and pensions | 62 | €14,550 | €13,622 | -€928 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,797 | €354,677 | +€196,880 | +125% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €666 | €4,545 | +€3,879 | +583% |
| Other operating charges | 640/8 | €32,411 | €21,477 | -€10,934 | -33.7% |
| Gross operating margin | 9900 | €294,319 | €326,223 | +€31,904 | +10.8% |
| Operating profit (loss) | 9901 | €88,895 | -€68,098 | -€156,993 | |
| Financial income | 75/76B | €108 | €13 | -€96 | -88.1% |
| Recurring financial income | 75 | €108 | €13 | -€96 | -88.1% |
| Financial charges | 65/66B | €102,975 | €127,733 | +€24,757 | +24.0% |
| Recurring financial charges | 65 | €102,975 | €127,733 | +€24,757 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,971 | -€195,817 | -€181,846 | -1,302% |
| Profit (loss) for the period | 9904 | -€13,971 | -€195,817 | -€181,846 | -1,302% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,971 | -€195,817 | -€181,846 | -1,302% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.