CICERCON: 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.
CICERCON
Largest movements
- Tangible fixed assets -€25,189
down €25,189 (-3.3%), from €760,642 to €735,453
of which Land and buildings: -€18,928
- Debts after one year -€60,864
down €60,864 (-8.3%), from €731,379 to €670,515
- Current portion of long-term debt +€25,351
up €25,351 (+28.0%), from €90,699 to €116,050
- Other debts +€12,268
up €12,268 (+1244.7%), from €986 to €13,253
- Gross operating margin +€56,207
up €56,207, from -€11,953 to €44,254
- Other operating charges -€10,432
no longer reported in 2024 (was €10,432)
- Financial charges -€3,225
down €3,225 (-14.1%), from €22,824 to €19,599
- Depreciation +€816
up €816 (+3.3%), from €24,575 to €25,391
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 | €775,287 | €755,751 | -€19,536 | -2.5% |
| Fixed assets | 21/28 | €761,429 | €736,037 | -€25,391 | -3.3% |
| Intangible fixed assets | 21 | €787 | €585 | -€202 | -25.7% |
| Tangible fixed assets | 22/27 | €760,642 | €735,453 | -€25,189 | -3.3% |
| Land and buildings | 22 | €721,208 | €702,280 | -€18,928 | -2.6% |
| Plant, machinery and equipment | 23 | €39,433 | €33,172 | -€6,261 | -15.9% |
| Current assets | 29/58 | €13,858 | €19,713 | +€5,855 | +42.3% |
| Amounts receivable within one year | 40/41 | €13,275 | €14,345 | +€1,069 | +8.1% |
| Trade receivables | 40 | €13,275 | €14,345 | +€1,069 | +8.1% |
| Current investments | 50/53 | €567 | - | -€567 | |
| Cash at bank and in hand | 54/58 | - | €5,235 | +€5,235 | |
| Deferred charges and accrued income | 490/1 | €15 | €134 | +€118 | +765.2% |
| Total equity and liabilities | 10/49 | €775,287 | €755,751 | -€19,536 | -2.5% |
| Equity | 10/15 | -€72,492 | -€73,228 | -€736 | -1.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,492 | -€78,228 | -€736 | -0.9% |
| Amounts payable | 17/49 | €847,778 | €828,979 | -€18,800 | -2.2% |
| Amounts payable after more than one year | 17 | €731,379 | €670,515 | -€60,864 | -8.3% |
| Financial debts | 170/4 | €731,379 | €670,515 | -€60,864 | -8.3% |
| Amounts payable within one year | 42/48 | €115,560 | €157,834 | +€42,274 | +36.6% |
| Current portion of amounts payable after more than one year | 42 | €90,699 | €116,050 | +€25,351 | +28.0% |
| Trade debts | 44 | €5,511 | €9,349 | +€3,838 | +69.6% |
| Suppliers | 440/4 | €5,511 | €9,349 | +€3,838 | +69.6% |
| Taxes, remuneration and social security | 45 | €18,365 | €19,181 | +€817 | +4.4% |
| Taxes | 450/3 | €11,065 | €19,181 | +€8,117 | +73.4% |
| Remuneration and social security | 454/9 | €7,300 | - | -€7,300 | |
| Other amounts payable | 47/48 | €986 | €13,253 | +€12,268 | +1244.7% |
| Accrued charges and deferred income | 492/3 | €839 | €629 | -€210 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,575 | €25,391 | +€816 | +3.3% |
| Other operating charges | 640/8 | €10,432 | - | -€10,432 | |
| Gross operating margin | 9900 | -€11,953 | €44,254 | +€56,207 | |
| Operating profit (loss) | 9901 | -€46,960 | €18,863 | +€65,823 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €22,824 | €19,599 | -€3,225 | -14.1% |
| Recurring financial charges | 65 | €22,824 | €19,599 | -€3,225 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€69,784 | -€736 | +€69,048 | +98.9% |
| Profit (loss) for the period | 9904 | -€69,784 | -€736 | +€69,048 | +98.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,784 | -€736 | +€69,048 | +98.9% |
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 2 October 2026 via checked.be.