CIBERG: 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.
CIBERG
Largest movements
- Cash -€22,131
down €22,131 (-59.9%), from €36,942 to €14,810
mainly Investment in fixed assets (net) (-€72,935) and Receivables within one year (-€13,664)
- Receivables within one year +€13,664
up €13,664 (+22.7%), from €60,248 to €73,912
of which Trade receivables: +€11,669
- Debts after one year -€12,099
down €12,099 (-4.9%), from €249,267 to €237,168
of which Financial debts: -€12,099
- Trade debts +€7,831
up €7,831 (+22.8%), from €34,371 to €42,202
- Tax, wage and social debts +€5,474
up €5,474 (+41.2%), from €13,283 to €18,757
of which Remuneration and social security: +€2,974
- Current portion of long-term debt -€4,802
down €4,802 (-5.6%), from €85,432 to €80,630
- Gross operating margin -€16,206
down €16,206 (-7.2%), from €224,365 to €208,159
- Staff costs +€6,257
up €6,257 (+5.4%), from €116,845 to €123,102
- Financial charges +€2,536
up €2,536 (+36.6%), from €6,935 to €9,470
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 | €412,924 | €408,336 | -€4,587 | -1.1% |
| Fixed assets | 21/28 | €310,407 | €312,913 | +€2,506 | +0.8% |
| Intangible fixed assets | 21 | €1,905 | €1,515 | -€390 | -20.5% |
| Tangible fixed assets | 22/27 | €308,502 | €309,353 | +€851 | +0.3% |
| Plant, machinery and equipment | 23 | €162,109 | €182,452 | +€20,342 | +12.5% |
| Furniture and vehicles | 24 | €58,945 | €63,580 | +€4,635 | +7.9% |
| Leasing and similar rights | 25 | €75,834 | €53,086 | -€22,748 | -30.0% |
| Other tangible fixed assets | 26 | €11,614 | €10,236 | -€1,378 | -11.9% |
| Financial fixed assets | 28 | - | €2,045 | +€2,045 | |
| Current assets | 29/58 | €102,517 | €95,423 | -€7,093 | -6.9% |
| Amounts receivable within one year | 40/41 | €60,248 | €73,912 | +€13,664 | +22.7% |
| Trade receivables | 40 | €38,823 | €50,492 | +€11,669 | +30.1% |
| Other amounts receivable | 41 | €21,425 | €23,420 | +€1,995 | +9.3% |
| Cash at bank and in hand | 54/58 | €36,942 | €14,810 | -€22,131 | -59.9% |
| Deferred charges and accrued income | 490/1 | €5,327 | €6,701 | +€1,374 | +25.8% |
| Total equity and liabilities | 10/49 | €412,924 | €408,336 | -€4,587 | -1.1% |
| Equity | 10/15 | €30,571 | €29,547 | -€1,024 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,971 | €11,138 | -€833 | -7.0% |
| Distributable reserves | 133 | €11,971 | €11,138 | -€833 | -7.0% |
| Profit (loss) carried forward | 14 | - | -€191 | -€191 | |
| Amounts payable | 17/49 | €382,353 | €378,789 | -€3,564 | -0.9% |
| Amounts payable after more than one year | 17 | €249,267 | €237,168 | -€12,099 | -4.9% |
| Financial debts | 170/4 | €119,267 | €107,168 | -€12,099 | -10.1% |
| Other amounts payable | 178/9 | €130,000 | €130,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €133,086 | €141,622 | +€8,536 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €85,432 | €80,630 | -€4,802 | -5.6% |
| Financial debts | 43 | - | €33 | +€33 | |
| Other loans | 439 | - | €33 | +€33 | |
| Trade debts | 44 | €34,371 | €42,202 | +€7,831 | +22.8% |
| Suppliers | 440/4 | €34,371 | €42,202 | +€7,831 | +22.8% |
| Taxes, remuneration and social security | 45 | €13,283 | €18,757 | +€5,474 | +41.2% |
| Taxes | 450/3 | €1,909 | €4,408 | +€2,500 | +131.0% |
| Remuneration and social security | 454/9 | €11,374 | €14,348 | +€2,974 | +26.1% |
| Non-recurring operating income | 76A | €7,692 | €14,346 | +€6,654 | +86.5% |
| Remuneration, social security and pensions | 62 | €116,845 | €123,102 | +€6,257 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,129 | €70,429 | -€1,700 | -2.4% |
| Other operating charges | 640/8 | €2,690 | €3,155 | +€465 | +17.3% |
| Non-recurring operating charges | 66A | €6,342 | €2,186 | -€4,155 | -65.5% |
| Gross operating margin | 9900 | €224,365 | €208,159 | -€16,206 | -7.2% |
| Operating profit (loss) | 9901 | €26,359 | €9,287 | -€17,072 | -64.8% |
| Financial income | 75/76B | €121 | €923 | +€802 | +662.4% |
| Recurring financial income | 75 | €121 | €923 | +€802 | +662.4% |
| Financial charges | 65/66B | €6,935 | €9,470 | +€2,536 | +36.6% |
| Recurring financial charges | 65 | €6,935 | €9,470 | +€2,536 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €19,546 | €739 | -€18,806 | -96.2% |
| Income taxes | 67/77 | €801 | €930 | +€129 | +16.2% |
| Profit (loss) for the period | 9904 | €18,745 | -€191 | -€18,936 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,745 | -€191 | -€18,936 |
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 9 October 2026 via checked.be.