CIBOLINE: 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.
CIBOLINE
Largest movements
- Receivables within one year +€114,017
up €114,017 (+45.7%), from €249,269 to €363,286
of which Other amounts receivable: +€102,521
- Cash +€66,614
up €66,614 (+11720.7%), from €568 to €67,183
mainly Net result for the year (+€94,034) and Other debts (+€82,555)
- Reserves +€94,034
up €94,034 (+56.2%), from €167,395 to €261,429
- Other debts +€82,555
up €82,555 (+343.4%), from €24,041 to €106,597
- Debts after one year -€55,599
down €55,599 (-3.3%), from €1.7m to €1.6m
- Tax, wage and social debts +€31,844
up €31,844 (+37.1%), from €85,856 to €117,700
- Gross operating margin -€103,987
down €103,987 (-39.6%), from €262,486 to €158,499
- Taxes -€23,499
down €23,499 (-41.8%), from €56,211 to €32,712
- Other operating charges -€6,844
down €6,844 (-82.6%), from €8,287 to €1,443
- Financial income +€6,152
up €6,152 (+60.8%), from €10,118 to €16,270
- Depreciation +€5,810
up €5,810 (+103.8%), from €5,599 to €11,409
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 | €2,050,649 | €2,214,770 | +€164,121 | +8.0% |
| Fixed assets | 21/28 | €1,790,180 | €1,783,771 | -€6,409 | -0.4% |
| Tangible fixed assets | 22/27 | €49,361 | €42,952 | -€6,409 | -13.0% |
| Furniture and vehicles | 24 | €49,361 | €38,369 | -€10,992 | -22.3% |
| Other tangible fixed assets | 26 | - | €4,583 | +€4,583 | |
| Financial fixed assets | 28 | €1,740,819 | €1,740,819 | = | 0.0% |
| Current assets | 29/58 | €260,469 | €430,999 | +€170,529 | +65.5% |
| Amounts receivable within one year | 40/41 | €249,269 | €363,286 | +€114,017 | +45.7% |
| Trade receivables | 40 | - | €11,496 | +€11,496 | |
| Other amounts receivable | 41 | €249,269 | €351,790 | +€102,521 | +41.1% |
| Cash at bank and in hand | 54/58 | €568 | €67,183 | +€66,614 | +11720.7% |
| Deferred charges and accrued income | 490/1 | €10,632 | €530 | -€10,102 | -95.0% |
| Total equity and liabilities | 10/49 | €2,050,649 | €2,214,770 | +€164,121 | +8.0% |
| Equity | 10/15 | €167,395 | €261,429 | +€94,034 | +56.2% |
| Reserves | 13 | €167,395 | €261,429 | +€94,034 | +56.2% |
| Distributable reserves | 133 | €167,395 | €261,429 | +€94,034 | +56.2% |
| Amounts payable | 17/49 | €1,883,254 | €1,953,341 | +€70,087 | +3.7% |
| Amounts payable after more than one year | 17 | €1,696,886 | €1,641,287 | -€55,599 | -3.3% |
| Financial debts | 170/4 | €1,696,886 | €1,641,287 | -€55,599 | -3.3% |
| Amounts payable within one year | 42/48 | €173,314 | €299,000 | +€125,686 | +72.5% |
| Current portion of amounts payable after more than one year | 42 | €53,322 | €60,018 | +€6,696 | +12.6% |
| Financial debts | 43 | - | €71 | +€71 | |
| Credit institutions | 430/8 | - | €71 | +€71 | |
| Trade debts | 44 | €10,094 | €14,614 | +€4,520 | +44.8% |
| Suppliers | 440/4 | €10,094 | €14,614 | +€4,520 | +44.8% |
| Taxes, remuneration and social security | 45 | €85,856 | €117,700 | +€31,844 | +37.1% |
| Taxes | 450/3 | €85,856 | €117,700 | +€31,844 | +37.1% |
| Other amounts payable | 47/48 | €24,041 | €106,597 | +€82,555 | +343.4% |
| Accrued charges and deferred income | 492/3 | €13,054 | €13,054 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,599 | €11,409 | +€5,810 | +103.8% |
| Other operating charges | 640/8 | €8,287 | €1,443 | -€6,844 | -82.6% |
| Gross operating margin | 9900 | €262,486 | €158,499 | -€103,987 | -39.6% |
| Operating profit (loss) | 9901 | €248,600 | €145,647 | -€102,953 | -41.4% |
| Financial income | 75/76B | €10,118 | €16,270 | +€6,152 | +60.8% |
| Recurring financial income | 75 | €10,118 | €16,270 | +€6,152 | +60.8% |
| Financial charges | 65/66B | €35,113 | €35,172 | +€59 | +0.2% |
| Recurring financial charges | 65 | €35,113 | €35,172 | +€59 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €223,606 | €126,746 | -€96,860 | -43.3% |
| Income taxes | 67/77 | €56,211 | €32,712 | -€23,499 | -41.8% |
| Profit (loss) for the period | 9904 | €167,395 | €94,034 | -€73,361 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €167,395 | €94,034 | -€73,361 | -43.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.