CICADE: 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.
CICADE
Largest movements
- Tangible fixed assets -€7,167
down €7,167 (-38.1%), from €18,814 to €11,647
of which Other tangible fixed assets: -€3,925
- Cash -€2,298
down €2,298 (-13.2%), from €17,407 to €15,109
mainly Net result for the year (-€26,674) and Deferred charges and accrued income (-€765)
- Deferred charges and accrued income +€765
up €765 (+119.6%), from €640 to €1,405
- Profit (loss) carried forward -€26,674
down €26,674, from €7,273 to -€19,401
- Trade debts +€11,415
up €11,415 (+227.9%), from €5,009 to €16,423
- Tax, wage and social debts +€6,560
up €6,560 (+58.4%), from €11,240 to €17,800
of which Taxes: +€6,657
- Gross operating margin -€26,258
down €26,258 (-39.4%), from €66,597 to €40,339
- Staff costs -€4,034
down €4,034 (-6.5%), from €61,713 to €57,679
- Taxes +€1,559
no longer reported in 2024 (was -€1,559)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,779 | €35,340 | -€8,440 | -19.3% |
| Fixed assets | 21/28 | €23,014 | €15,847 | -€7,167 | -31.1% |
| Tangible fixed assets | 22/27 | €18,814 | €11,647 | -€7,167 | -38.1% |
| Plant, machinery and equipment | 23 | €5,673 | €3,477 | -€2,196 | -38.7% |
| Furniture and vehicles | 24 | €2,541 | €1,495 | -€1,046 | -41.2% |
| Other tangible fixed assets | 26 | €10,600 | €6,675 | -€3,925 | -37.0% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €20,765 | €19,492 | -€1,273 | -6.1% |
| Amounts receivable within one year | 40/41 | €2,718 | €2,978 | +€260 | +9.6% |
| Trade receivables | 40 | €1,882 | €1,902 | +€20 | +1.1% |
| Other amounts receivable | 41 | €836 | €1,076 | +€240 | +28.7% |
| Cash at bank and in hand | 54/58 | €17,407 | €15,109 | -€2,298 | -13.2% |
| Deferred charges and accrued income | 490/1 | €640 | €1,405 | +€765 | +119.6% |
| Total equity and liabilities | 10/49 | €43,779 | €35,340 | -€8,440 | -19.3% |
| Equity | 10/15 | €27,273 | €599 | -€26,674 | -97.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,273 | -€19,401 | -€26,674 | |
| Amounts payable | 17/49 | €16,506 | €34,741 | +€18,234 | +110.5% |
| Amounts payable within one year | 42/48 | €16,506 | €34,741 | +€18,234 | +110.5% |
| Trade debts | 44 | €5,009 | €16,423 | +€11,415 | +227.9% |
| Suppliers | 440/4 | €5,009 | €16,423 | +€11,415 | +227.9% |
| Taxes, remuneration and social security | 45 | €11,240 | €17,800 | +€6,560 | +58.4% |
| Taxes | 450/3 | €2,339 | €8,996 | +€6,657 | +284.7% |
| Remuneration and social security | 454/9 | €8,901 | €8,803 | -€98 | -1.1% |
| Other amounts payable | 47/48 | €258 | €518 | +€260 | +100.7% |
| Remuneration, social security and pensions | 62 | €61,713 | €57,679 | -€4,034 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,767 | €7,167 | -€600 | -7.7% |
| Other operating charges | 640/8 | €659 | €838 | +€179 | +27.2% |
| Gross operating margin | 9900 | €66,597 | €40,339 | -€26,258 | -39.4% |
| Operating profit (loss) | 9901 | -€3,541 | -€25,345 | -€21,804 | -615.7% |
| Financial income | 75/76B | €65 | - | -€65 | |
| Recurring financial income | 75 | €65 | - | -€65 | |
| Financial charges | 65/66B | €982 | €1,329 | +€347 | +35.3% |
| Recurring financial charges | 65 | €982 | €1,329 | +€347 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,458 | -€26,674 | -€22,216 | -498.3% |
| Income taxes | 67/77 | -€1,559 | - | +€1,559 | |
| Profit (loss) for the period | 9904 | -€2,899 | -€26,674 | -€23,775 | -820.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,899 | -€26,674 | -€23,775 | -820.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.