CICERO CONSULT: what changed
Two financial 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.
CICERO CONSULT
Largest movements
- Receivables within one year +€31,318
up €31,318 (+83.4%), from €37,535 to €68,852
of which Other amounts receivable: +€23,976
- Profit (loss) carried forward +€63,787
up €63,787 (+72.6%), from €87,908 to €151,695
- Debts after one year -€39,893
down €39,893 (-15.9%), from €251,140 to €211,247
of which Financial debts: -€39,893
- Tax, wage and social debts +€14,577
up €14,577 (+45.6%), from €31,989 to €46,567
- Current portion of long-term debt +€5,599
up €5,599 (+11.8%), from €47,328 to €52,927
- Financial income +€58,832
up €58,832 (+2,077%), from €2,833 to €61,665
- Gross operating margin +€14,621
up €14,621 (+24.9%), from €58,638 to €73,259
- Taxes +€6,713
up €6,713 (+58.7%), from €11,434 to €18,147
- Depreciation +€1,334
up €1,334 (+10.4%), from €12,855 to €14,188
- Financial charges -€941
down €941 (-12.1%), from €7,772 to €6,831
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.
Derived cash bridge
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 | €511,314 | €555,436 | +€44,122 | +8.6% |
| Fixed assets | 21/28 | €464,232 | €467,091 | +€2,859 | +0.6% |
| Tangible fixed assets | 22/27 | €320,232 | €323,091 | +€2,859 | +0.9% |
| Land and buildings | 22 | €318,177 | €306,661 | -€11,516 | -3.6% |
| Furniture and vehicles | 24 | €676 | €15,415 | +€14,738 | +2,179% |
| Other tangible fixed assets | 26 | €1,379 | €1,016 | -€363 | -26.3% |
| Financial fixed assets | 28 | €144,000 | €144,000 | = | 0.0% |
| Current assets | 29/58 | €47,082 | €88,345 | +€41,263 | +87.6% |
| Amounts receivable within one year | 40/41 | €37,535 | €68,852 | +€31,318 | +83.4% |
| Trade receivables | 40 | €7,935 | €15,277 | +€7,342 | +92.5% |
| Other amounts receivable | 41 | €29,600 | €53,576 | +€23,976 | +81.0% |
| Cash at bank and in hand | 54/58 | €9,219 | €13,703 | +€4,484 | +48.6% |
| Deferred charges and accrued income | 490/1 | €328 | €5,790 | +€5,461 | +1,663% |
| Total equity and liabilities | 10/49 | €511,314 | €555,436 | +€44,122 | +8.6% |
| Equity | 10/15 | €157,443 | €221,230 | +€63,787 | +40.5% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Contributions outside capital | 11 | €68,600 | €68,600 | = | 0.0% |
| Share premium | 1100/10 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €935 | €935 | = | 0.0% |
| Non-distributable reserves | 130/1 | €935 | €935 | = | 0.0% |
| Reserves not available under the articles | 1311 | €935 | €935 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,908 | €151,695 | +€63,787 | +72.6% |
| Amounts payable | 17/49 | €353,871 | €334,206 | -€19,665 | -5.6% |
| Amounts payable after more than one year | 17 | €251,140 | €211,247 | -€39,893 | -15.9% |
| Financial debts | 170/4 | €249,040 | €209,147 | -€39,893 | -16.0% |
| Other amounts payable | 178/9 | €2,100 | €2,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €102,718 | €122,919 | +€20,201 | +19.7% |
| Current portion of amounts payable after more than one year | 42 | €47,328 | €52,927 | +€5,599 | +11.8% |
| Taxes, remuneration and social security | 45 | €31,989 | €46,567 | +€14,577 | +45.6% |
| Taxes | 450/3 | €31,989 | €46,567 | +€14,577 | +45.6% |
| Other amounts payable | 47/48 | €23,400 | €23,425 | +€25 | +0.1% |
| Accrued charges and deferred income | 492/3 | €13 | €39 | +€27 | +204% |
| Remuneration, social security and pensions | 62 | €113 | €517 | +€404 | +358% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,855 | €14,188 | +€1,334 | +10.4% |
| Other operating charges | 640/8 | €1,044 | €1,925 | +€881 | +84.4% |
| Gross operating margin | 9900 | €58,638 | €73,259 | +€14,621 | +24.9% |
| Operating profit (loss) | 9901 | €44,626 | €56,629 | +€12,003 | +26.9% |
| Financial income | 75/76B | €2,833 | €61,665 | +€58,832 | +2,077% |
| Recurring financial income | 75 | €2,833 | €61,665 | +€58,832 | +2,077% |
| Financial charges | 65/66B | €7,772 | €6,831 | -€941 | -12.1% |
| Recurring financial charges | 65 | €7,772 | €6,831 | -€941 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €39,688 | €111,463 | +€71,775 | +181% |
| Income taxes | 67/77 | €11,434 | €18,147 | +€6,713 | +58.7% |
| Profit (loss) for the period | 9904 | €28,254 | €93,316 | +€65,062 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €28,254 | €93,316 | +€65,062 | +230% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.