CIBIK: 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.
CIBIK
Largest movements
- Receivables within one year +€88,977
up €88,977 (+18.2%), from €489,850 to €578,827
of which Trade receivables: +€66,083
- Cash +€28,307
up €28,307 (+14.8%), from €191,494 to €219,800
mainly Net result for the year (+€145,310) and Trade debts (+€89,617)
- Stocks and contracts -€13,334
down €13,334 (-8.2%), from €162,338 to €149,004
- Other debts -€165,000
down €165,000 (-100%), from €165,000 to €0
- Profit (loss) carried forward +€145,310
up €145,310 (+30.9%), from €470,493 to €615,803
- Trade debts +€89,617
up €89,617 (+83.2%), from €107,725 to €197,342
- Tax, wage and social debts +€35,606
up €35,606 (+109%), from €32,550 to €68,156
- Gross operating margin +€147,385
up €147,385 (+275%), from €53,596 to €200,981
- Taxes +€36,732
up €36,732 (+197%), from €18,662 to €55,394
- Other operating charges +€5,006
up €5,006 (+180%), from €2,777 to €7,783
- Financial income +€3,982
up €3,982 (+69.6%), from €5,724 to €9,705
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 | €848,011 | €953,544 | +€105,533 | +12.4% |
| Fixed assets | 21/28 | €1,506 | €4,470 | +€2,964 | +197% |
| Tangible fixed assets | 22/27 | €1,356 | €4,320 | +€2,964 | +219% |
| Plant, machinery and equipment | 23 | €1,356 | €1,116 | -€240 | -17.7% |
| Furniture and vehicles | 24 | €0 | €3,204 | +€3,204 | +16,018,050% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €846,505 | €949,074 | +€102,569 | +12.1% |
| Stocks and contracts in progress | 3 | €162,338 | €149,004 | -€13,334 | -8.2% |
| Stocks | 30/36 | €162,338 | €149,004 | -€13,334 | -8.2% |
| Amounts receivable within one year | 40/41 | €489,850 | €578,827 | +€88,977 | +18.2% |
| Trade receivables | 40 | €39,618 | €105,701 | +€66,083 | +167% |
| Other amounts receivable | 41 | €450,232 | €473,126 | +€22,894 | +5.1% |
| Cash at bank and in hand | 54/58 | €191,494 | €219,800 | +€28,307 | +14.8% |
| Deferred charges and accrued income | 490/1 | €2,824 | €1,444 | -€1,381 | -48.9% |
| Total equity and liabilities | 10/49 | €848,011 | €953,544 | +€105,533 | +12.4% |
| Equity | 10/15 | €542,736 | €688,046 | +€145,310 | +26.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,643 | €53,643 | = | 0.0% |
| Distributable reserves | 133 | €53,643 | €53,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | €470,493 | €615,803 | +€145,310 | +30.9% |
| Amounts payable | 17/49 | €305,275 | €265,498 | -€39,777 | -13.0% |
| Amounts payable within one year | 42/48 | €305,275 | €265,498 | -€39,777 | -13.0% |
| Trade debts | 44 | €107,725 | €197,342 | +€89,617 | +83.2% |
| Suppliers | 440/4 | €107,725 | €197,342 | +€89,617 | +83.2% |
| Taxes, remuneration and social security | 45 | €32,550 | €68,156 | +€35,606 | +109% |
| Taxes | 450/3 | €32,550 | €68,156 | +€35,606 | +109% |
| Other amounts payable | 47/48 | €165,000 | €0 | -€165,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €362 | €1,299 | +€936 | +258% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,777 | €7,783 | +€5,006 | +180% |
| Non-recurring operating charges | 66A | €1,400 | €0 | -€1,400 | -100% |
| Gross operating margin | 9900 | €53,596 | €200,981 | +€147,385 | +275% |
| Operating profit (loss) | 9901 | €49,057 | €191,899 | +€142,842 | +291% |
| Financial income | 75/76B | €5,724 | €9,705 | +€3,982 | +69.6% |
| Recurring financial income | 75 | €5,724 | €9,705 | +€3,982 | +69.6% |
| Financial charges | 65/66B | €773 | €901 | +€128 | +16.5% |
| Recurring financial charges | 65 | €773 | €901 | +€128 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €54,007 | €200,703 | +€146,696 | +272% |
| Income taxes | 67/77 | €18,662 | €55,394 | +€36,732 | +197% |
| Profit (loss) for the period | 9904 | €35,346 | €145,310 | +€109,964 | +311% |
| Profit (loss) for the period to be appropriated | 9905 | €35,346 | €145,310 | +€109,964 | +311% |
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 18 October 2026 via checked.be.