CIC Management: 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.
CIC Management
Largest movements
- Receivables within one year +€150,066
up €150,066 (+23.2%), from €648,119 to €798,185
of which Other amounts receivable: +€107,687
- Profit (loss) carried forward +€158,183
up €158,183 (+32.1%), from €493,002 to €651,185
- Tax, wage and social debts +€46,444
up €46,444 (+46.8%), from €99,334 to €145,778
- Current portion of long-term debt -€30,574
down €30,574 (-50.3%), from €60,764 to €30,190
- Trade debts -€30,106
down €30,106 (-96.6%), from €31,159 to €1,053
- Gross operating margin -€83,779
down €83,779 (-31.7%), from €264,103 to €180,324
- Financial income +€7,727
up €7,727 (+22.5%), from €34,325 to €42,052
- Financial charges +€5,257
up €5,257 (+433.6%), from €1,212 to €6,469
- Depreciation +€2,687
up €2,687 (+293.5%), from €915 to €3,603
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 | €702,548 | €853,732 | +€151,184 | +21.5% |
| Fixed assets | 21/28 | €17,099 | €13,496 | -€3,603 | -21.1% |
| Tangible fixed assets | 22/27 | €17,099 | €13,496 | -€3,603 | -21.1% |
| Furniture and vehicles | 24 | €17,099 | €13,496 | -€3,603 | -21.1% |
| Current assets | 29/58 | €685,450 | €840,237 | +€154,787 | +22.6% |
| Amounts receivable within one year | 40/41 | €648,119 | €798,185 | +€150,066 | +23.2% |
| Trade receivables | 40 | - | €42,380 | +€42,380 | |
| Other amounts receivable | 41 | €648,119 | €755,805 | +€107,687 | +16.6% |
| Cash at bank and in hand | 54/58 | €3,206 | €0 | -€3,206 | -100.0% |
| Deferred charges and accrued income | 490/1 | €34,125 | €42,052 | +€7,927 | +23.2% |
| Total equity and liabilities | 10/49 | €702,548 | €853,732 | +€151,184 | +21.5% |
| Equity | 10/15 | €507,262 | €665,445 | +€158,183 | +31.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | €493,002 | €651,185 | +€158,183 | +32.1% |
| Amounts payable | 17/49 | €195,286 | €188,287 | -€6,999 | -3.6% |
| Amounts payable within one year | 42/48 | €195,286 | €188,287 | -€6,999 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €60,764 | €30,190 | -€30,574 | -50.3% |
| Financial debts | 43 | €4,029 | €11,266 | +€7,237 | +179.6% |
| Credit institutions | 430/8 | €4,029 | €11,266 | +€7,237 | +179.6% |
| Trade debts | 44 | €31,159 | €1,053 | -€30,106 | -96.6% |
| Suppliers | 440/4 | €31,159 | €1,053 | -€30,106 | -96.6% |
| Taxes, remuneration and social security | 45 | €99,334 | €145,778 | +€46,444 | +46.8% |
| Taxes | 450/3 | €99,334 | €145,778 | +€46,444 | +46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €915 | €3,603 | +€2,687 | +293.5% |
| Other operating charges | 640/8 | €2,601 | €2,312 | -€288 | -11.1% |
| Gross operating margin | 9900 | €264,103 | €180,324 | -€83,779 | -31.7% |
| Operating profit (loss) | 9901 | €260,587 | €174,409 | -€86,178 | -33.1% |
| Financial income | 75/76B | €34,325 | €42,052 | +€7,727 | +22.5% |
| Recurring financial income | 75 | €34,325 | €42,052 | +€7,727 | +22.5% |
| Financial charges | 65/66B | €1,212 | €6,469 | +€5,257 | +433.6% |
| Recurring financial charges | 65 | €1,212 | €6,469 | +€5,257 | +433.6% |
| Profit (loss) for the period before taxes | 9903 | €293,700 | €209,992 | -€83,708 | -28.5% |
| Income taxes | 67/77 | €52,382 | €51,808 | -€574 | -1.1% |
| Profit (loss) for the period | 9904 | €241,318 | €158,183 | -€83,134 | -34.5% |
| Transfer from tax-exempt reserves | 789 | €35,600 | - | -€35,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €276,918 | €158,183 | -€118,734 | -42.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.