CIBT BELGIUM: what changed
What changed
CIBT BELGIUM
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€441,512
2024 · €389,351+€52,161
Equity
€4.0m
2024 · €3.6m+€441,512
Cash
€213,778
2024 · €52,961+€160,817
Balance sheet total
€4.9m
2024 · €4.7m+€194,757
Largest movements
Assets
- Cash +€160,817
up €160,817 (+304%), from €52,961 to €213,778
mainly Net result for the year (+€441,512) and Other debts (+€40,145)
Equity and liabilities
- Profit (loss) carried forward +€441,512
up €441,512 (+12.4%), from €3.6m to €4.0m
- Trade debts -€193,355
down €193,355 (-24.0%), from €804,905 to €611,549
- Tax, wage and social debts -€93,546
down €93,546 (-32.1%), from €291,817 to €198,271
of which Taxes: -€103,817
Income statement
- Provisions +€132,145
up €132,145, from -€93,129 to €39,016
- Staff costs -€115,288
down €115,288 (-25.2%), from €457,325 to €342,037
- Financial income -€60,609
down €60,609 (-42.5%), from €142,465 to €81,856
- Other operating charges -€58,316
no longer reported in 2025 (was €58,316)
- Gross operating margin +€51,714
up €51,714 (+6.1%), from €854,537 to €906,251
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€389,351
Gross operating margin
+€51,714
Staff costs
+€115,288
Depreciation
-€148
Provisions
-€132,145
Other operating charges
+€58,316
Financial income
-€60,609
Financial charges
+€26,602
Taxes
-€6,856
Result 2025
€441,512
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€160,908
Investment
-€92
Financing
€0
Cash 2024
€52,961
From operations (derived)
+€160,908
Net result for the year
+€441,512
Depreciation
+€2,987
Receivables within one year
-€48,387
Deferred charges and accrued income
+€11,552
Trade debts
-€193,355
Tax, wage and social debts
-€93,546
Other debts
+€40,145
Investment (derived)
-€92
Investment in fixed assets (net)
-€92
Cash 2025
€213,778
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,676,404 | €4,871,161 | +€194,757 | +4.2% |
| Fixed assets | 21/28 | €30,699 | €27,804 | -€2,895 | -9.4% |
| Tangible fixed assets | 22/27 | €8,823 | €5,836 | -€2,987 | -33.9% |
| Furniture and vehicles | 24 | €5,289 | €4,069 | -€1,220 | -23.1% |
| Other tangible fixed assets | 26 | €3,534 | €1,767 | -€1,767 | -50.0% |
| Financial fixed assets | 28 | €21,877 | €21,968 | +€92 | +0.4% |
| Current assets | 29/58 | €4,645,705 | €4,843,356 | +€197,652 | +4.3% |
| Amounts receivable within one year | 40/41 | €4,572,805 | €4,621,192 | +€48,387 | +1.1% |
| Trade receivables | 40 | €371,241 | €215,780 | -€155,461 | -41.9% |
| Other amounts receivable | 41 | €4,201,563 | €4,405,412 | +€203,849 | +4.9% |
| Cash at bank and in hand | 54/58 | €52,961 | €213,778 | +€160,817 | +304% |
| Deferred charges and accrued income | 490/1 | €19,939 | €8,387 | -€11,552 | -57.9% |
| Total equity and liabilities | 10/49 | €4,676,404 | €4,871,161 | +€194,757 | +4.2% |
| Equity | 10/15 | €3,579,262 | €4,020,775 | +€441,512 | +12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,558,802 | €4,000,315 | +€441,512 | +12.4% |
| Amounts payable | 17/49 | €1,097,141 | €850,386 | -€246,756 | -22.5% |
| Amounts payable within one year | 42/48 | €1,097,141 | €850,386 | -€246,756 | -22.5% |
| Trade debts | 44 | €804,905 | €611,549 | -€193,355 | -24.0% |
| Suppliers | 440/4 | €804,905 | €611,549 | -€193,355 | -24.0% |
| Taxes, remuneration and social security | 45 | €291,817 | €198,271 | -€93,546 | -32.1% |
| Taxes | 450/3 | €267,588 | €163,771 | -€103,817 | -38.8% |
| Remuneration and social security | 454/9 | €24,229 | €34,501 | +€10,272 | +42.4% |
| Other amounts payable | 47/48 | €420 | €40,565 | +€40,145 | +9,568% |
| Remuneration, social security and pensions | 62 | €457,325 | €342,037 | -€115,288 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,839 | €2,987 | +€148 | +5.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€93,129 | €39,016 | +€132,145 | |
| Other operating charges | 640/8 | €58,316 | - | -€58,316 | |
| Gross operating margin | 9900 | €854,537 | €906,251 | +€51,714 | +6.1% |
| Operating profit (loss) | 9901 | €429,186 | €522,211 | +€93,025 | +21.7% |
| Financial income | 75/76B | €142,465 | €81,856 | -€60,609 | -42.5% |
| Recurring financial income | 75 | €142,465 | €81,856 | -€60,609 | -42.5% |
| Financial charges | 65/66B | €26,787 | €185 | -€26,602 | -99.3% |
| Recurring financial charges | 65 | €26,787 | €185 | -€26,602 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | €544,864 | €603,882 | +€59,017 | +10.8% |
| Income taxes | 67/77 | €155,513 | €162,369 | +€6,856 | +4.4% |
| Profit (loss) for the period | 9904 | €389,351 | €441,512 | +€52,161 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €389,351 | €441,512 | +€52,161 | +13.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.