CIBO: 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.
CIBO
Largest movements
- Tangible fixed assets -€25,143
down €25,143 (-29.4%), from €85,545 to €60,403
of which Furniture and vehicles: -€24,808
- Cash -€20,763
down €20,763 (-46.5%), from €44,632 to €23,869
mainly Net result for the year (-€32,649) and Receivables within one year (-€19,267)
- Receivables within one year +€19,267
up €19,267 (+210.8%), from €9,142 to €28,408
of which Other amounts receivable: +€24,556
- Deferred charges and accrued income -€5,653
down €5,653 (-54.6%), from €10,361 to €4,707
- Profit (loss) carried forward -€32,649
down €32,649 (-148.7%), from -€21,959 to -€54,608
- Debts after one year -€15,049
down €15,049 (-41.2%), from €36,530 to €21,481
- Trade debts +€14,646
up €14,646 (+41.1%), from €35,602 to €50,249
- Gross operating margin -€37,401
down €37,401 (-24.0%), from €155,532 to €118,131
- Staff costs +€11,629
up €11,629 (+11.0%), from €105,909 to €117,539
- Other operating charges -€6,911
down €6,911 (-55.0%), from €12,557 to €5,646
- Depreciation +€4,379
up €4,379 (+30.4%), from €14,406 to €18,785
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 | €151,880 | €119,833 | -€32,047 | -21.1% |
| Fixed assets | 21/28 | €85,545 | €60,403 | -€25,143 | -29.4% |
| Tangible fixed assets | 22/27 | €85,545 | €60,403 | -€25,143 | -29.4% |
| Plant, machinery and equipment | 23 | €671 | €337 | -€334 | -49.8% |
| Furniture and vehicles | 24 | €84,874 | €60,066 | -€24,808 | -29.2% |
| Current assets | 29/58 | €66,335 | €59,430 | -€6,904 | -10.4% |
| Stocks and contracts in progress | 3 | €2,200 | €2,445 | +€245 | +11.1% |
| Stocks | 30/36 | €2,200 | €2,445 | +€245 | +11.1% |
| Amounts receivable within one year | 40/41 | €9,142 | €28,408 | +€19,267 | +210.8% |
| Trade receivables | 40 | €8,960 | €3,672 | -€5,289 | -59.0% |
| Other amounts receivable | 41 | €181 | €24,737 | +€24,556 | +13548.7% |
| Cash at bank and in hand | 54/58 | €44,632 | €23,869 | -€20,763 | -46.5% |
| Deferred charges and accrued income | 490/1 | €10,361 | €4,707 | -€5,653 | -54.6% |
| Total equity and liabilities | 10/49 | €151,880 | €119,833 | -€32,047 | -21.1% |
| Equity | 10/15 | €23,041 | -€9,608 | -€32,649 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €35,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,959 | -€54,608 | -€32,649 | -148.7% |
| Amounts payable | 17/49 | €128,839 | €129,441 | +€602 | +0.5% |
| Amounts payable after more than one year | 17 | €36,530 | €21,481 | -€15,049 | -41.2% |
| Financial debts | 170/4 | €36,530 | €21,481 | -€15,049 | -41.2% |
| Amounts payable within one year | 42/48 | €92,308 | €107,960 | +€15,651 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €14,907 | €15,389 | +€482 | +3.2% |
| Trade debts | 44 | €35,602 | €50,249 | +€14,646 | +41.1% |
| Suppliers | 440/4 | €35,602 | €50,249 | +€14,646 | +41.1% |
| Taxes, remuneration and social security | 45 | €35,764 | €36,678 | +€914 | +2.6% |
| Taxes | 450/3 | €18,017 | €18,353 | +€336 | +1.9% |
| Remuneration and social security | 454/9 | €17,747 | €18,325 | +€578 | +3.3% |
| Other amounts payable | 47/48 | €6,035 | €5,643 | -€391 | -6.5% |
| Remuneration, social security and pensions | 62 | €105,909 | €117,539 | +€11,629 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,406 | €18,785 | +€4,379 | +30.4% |
| Other operating charges | 640/8 | €12,557 | €5,646 | -€6,911 | -55.0% |
| Non-recurring operating charges | 66A | - | €928 | +€928 | |
| Gross operating margin | 9900 | €155,532 | €118,131 | -€37,401 | -24.0% |
| Operating profit (loss) | 9901 | €22,660 | -€24,766 | -€47,426 | |
| Financial income | 75/76B | €20 | €6 | -€14 | -70.6% |
| Recurring financial income | 75 | €20 | €6 | -€14 | -70.6% |
| Financial charges | 65/66B | €8,045 | €7,454 | -€591 | -7.3% |
| Recurring financial charges | 65 | €8,045 | €7,454 | -€591 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €14,635 | -€32,214 | -€46,849 | |
| Income taxes | 67/77 | €394 | €435 | +€41 | +10.3% |
| Profit (loss) for the period | 9904 | €14,241 | -€32,649 | -€46,890 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,241 | -€32,649 | -€46,890 |
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 12 October 2026 via checked.be.