CIBG: 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.
CIBG
Largest movements
- Tangible fixed assets +€506,379
up €506,379 (+179.5%), from €282,124 to €788,502
of which Land and buildings: +€498,446
- Receivables within one year +€48,429
up €48,429 (+418.6%), from €11,571 to €60,000
of which Other amounts receivable: +€60,000
- Debts after one year +€452,746
up €452,746 (+313.6%), from €144,381 to €597,127
- Other debts +€130,210
up €130,210 (+198.6%), from €65,553 to €195,763
- Profit (loss) carried forward -€41,708
down €41,708, from €25,059 to -€16,648
- Short-term financial debts +€22,823
up €22,823 (+602.6%), from €3,787 to €26,610
- Depreciation +€17,287
up €17,287 (+106.4%), from €16,242 to €33,529
- Gross operating margin -€7,471
down €7,471 (-25.3%), from €29,515 to €22,043
- Financial charges +€4,949
up €4,949 (+66.2%), from €7,475 to €12,424
- Taxes +€2,881
up €2,881 (+37.3%), from €7,715 to €10,596
- Other operating charges +€728
up €728 (+11.2%), from €6,475 to €7,202
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €293,702 | €848,560 | +€554,857 | +188.9% |
| Fixed assets | 21/28 | €282,124 | €788,502 | +€506,379 | +179.5% |
| Tangible fixed assets | 22/27 | €282,124 | €788,502 | +€506,379 | +179.5% |
| Land and buildings | 22 | €253,893 | €752,339 | +€498,446 | +196.3% |
| Plant, machinery and equipment | 23 | €28,230 | €36,163 | +€7,933 | +28.1% |
| Current assets | 29/58 | €11,579 | €60,057 | +€48,479 | +418.7% |
| Amounts receivable within one year | 40/41 | €11,571 | €60,000 | +€48,429 | +418.6% |
| Trade receivables | 40 | €11,571 | - | -€11,571 | |
| Other amounts receivable | 41 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €8 | €57 | +€49 | +611.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €293,702 | €848,560 | +€554,857 | +188.9% |
| Equity | 10/15 | €55,676 | €13,968 | -€41,708 | -74.9% |
| Contributions | 10/11 | €16,321 | €16,321 | = | 0.0% |
| Reserves | 13 | €14,295 | €14,295 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,073 | €1,073 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,073 | €1,073 | = | 0.0% |
| Distributable reserves | 133 | €13,223 | €13,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,059 | -€16,648 | -€41,708 | |
| Amounts payable | 17/49 | €238,027 | €834,592 | +€596,565 | +250.6% |
| Amounts payable after more than one year | 17 | €144,381 | €597,127 | +€452,746 | +313.6% |
| Financial debts | 170/4 | €144,381 | €597,127 | +€452,746 | +313.6% |
| Amounts payable within one year | 42/48 | €93,252 | €237,465 | +€144,213 | +154.6% |
| Current portion of amounts payable after more than one year | 42 | €7,128 | - | -€7,128 | |
| Financial debts | 43 | €3,787 | €26,610 | +€22,823 | +602.6% |
| Credit institutions | 430/8 | €3,787 | €26,610 | +€22,823 | +602.6% |
| Trade debts | 44 | €16,784 | €15,092 | -€1,692 | -10.1% |
| Suppliers | 440/4 | €16,784 | €15,092 | -€1,692 | -10.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €65,553 | €195,763 | +€130,210 | +198.6% |
| Accrued charges and deferred income | 492/3 | €394 | - | -€394 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,242 | €33,529 | +€17,287 | +106.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €6,475 | €7,202 | +€728 | +11.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €29,515 | €22,043 | -€7,471 | -25.3% |
| Operating profit (loss) | 9901 | €6,798 | -€18,688 | -€25,486 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €7,475 | €12,424 | +€4,949 | +66.2% |
| Recurring financial charges | 65 | €7,475 | €12,424 | +€4,949 | +66.2% |
| Profit (loss) for the period before taxes | 9903 | -€678 | -€31,112 | -€30,434 | -4491.5% |
| Income taxes | 67/77 | €7,715 | €10,596 | +€2,881 | +37.3% |
| Profit (loss) for the period | 9904 | -€8,393 | -€41,708 | -€33,315 | -396.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,393 | -€41,708 | -€33,315 | -396.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.