CICADEST: 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.
CICADEST
Largest movements
- Tangible fixed assets -€12,255
down €12,255 (-3.1%), from €392,162 to €379,907
- Debts after one year -€34,243
down €34,243 (-36.2%), from €94,689 to €60,446
- Profit (loss) carried forward +€11,689
up €11,689 (+22.4%), from €52,161 to €63,851
- Current portion of long-term debt +€4,234
up €4,234 (+12.9%), from €32,801 to €37,035
- Financial charges -€1,533
down €1,533 (-23.1%), from €6,644 to €5,111
- Other operating charges -€654
down €654 (-12.8%), from €5,090 to €4,436
- Taxes +€434
up €434 (+11.3%), from €3,822 to €4,255
- Staff costs +€400
new in 2025: €400
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 | €392,167 | €379,907 | -€12,260 | -3.1% |
| Fixed assets | 21/28 | €392,162 | €379,907 | -€12,255 | -3.1% |
| Tangible fixed assets | 22/27 | €392,162 | €379,907 | -€12,255 | -3.1% |
| Land and buildings | 22 | €392,162 | €379,907 | -€12,255 | -3.1% |
| Current assets | 29/58 | €5 | €0 | -€5 | -100.0% |
| Cash at bank and in hand | 54/58 | €5 | €0 | -€5 | -100.0% |
| Total equity and liabilities | 10/49 | €392,167 | €379,907 | -€12,260 | -3.1% |
| Equity | 10/15 | €178,521 | €190,211 | +€11,689 | +6.5% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €1,360 | €1,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,360 | €1,360 | = | 0.0% |
| Legal reserve | 130 | €1,360 | €1,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,161 | €63,851 | +€11,689 | +22.4% |
| Amounts payable | 17/49 | €213,646 | €189,697 | -€23,949 | -11.2% |
| Amounts payable after more than one year | 17 | €94,689 | €60,446 | -€34,243 | -36.2% |
| Financial debts | 170/4 | €94,689 | €60,446 | -€34,243 | -36.2% |
| Amounts payable within one year | 42/48 | €118,957 | €129,250 | +€10,293 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €32,801 | €37,035 | +€4,234 | +12.9% |
| Financial debts | 43 | - | €70 | +€70 | |
| Credit institutions | 430/8 | - | €70 | +€70 | |
| Trade debts | 44 | €2,542 | €4,221 | +€1,679 | +66.1% |
| Suppliers | 440/4 | €2,542 | €4,221 | +€1,679 | +66.1% |
| Taxes, remuneration and social security | 45 | €3,822 | €4,255 | +€434 | +11.3% |
| Taxes | 450/3 | €3,822 | €4,255 | +€434 | +11.3% |
| Other amounts payable | 47/48 | €79,792 | €83,669 | +€3,877 | +4.9% |
| Remuneration, social security and pensions | 62 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,255 | €12,255 | = | 0.0% |
| Other operating charges | 640/8 | €5,090 | €4,436 | -€654 | -12.8% |
| Gross operating margin | 9900 | €38,013 | €38,146 | +€133 | +0.4% |
| Operating profit (loss) | 9901 | €20,668 | €21,055 | +€387 | +1.9% |
| Financial charges | 65/66B | €6,644 | €5,111 | -€1,533 | -23.1% |
| Recurring financial charges | 65 | €6,644 | €5,111 | -€1,533 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €14,024 | €15,944 | +€1,920 | +13.7% |
| Income taxes | 67/77 | €3,822 | €4,255 | +€434 | +11.3% |
| Profit (loss) for the period | 9904 | €10,202 | €11,689 | +€1,487 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,202 | €11,689 | +€1,487 | +14.6% |
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 5 October 2026 via checked.be.