Cicero Technics & Maintenance: 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 Technics & Maintenance
Largest movements
- Tangible fixed assets -€90,547
down €90,547 (-95.0%), from €95,360 to €4,814
of which Furniture and vehicles: -€90,043
- Receivables within one year +€38,266
up €38,266 (+42.1%), from €90,807 to €129,073
of which Trade receivables: +€42,980
- Cash -€5,827
down €5,827 (-9.5%), from €61,543 to €55,717
mainly Receivables within one year (-€38,266) and Debts after one year (-€31,600)
- Stocks and contracts +€3,150
new in 2025: €3,150
- Debts after one year -€31,600
no longer reported in 2025 (was €31,600)
- Reserves -€28,790
down €28,790 (-16.0%), from €179,926 to €151,135
of which Distributable reserves: -€28,790
- Current portion of long-term debt -€19,191
down €19,191 (-90.6%), from €21,191 to €2,000
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Trade debts +€11,897
up €11,897 (+584%), from €2,037 to €13,934
- Gross operating margin -€74,877
down €74,877 (-79.0%), from €94,726 to €19,850
- Depreciation -€11,576
down €11,576 (-82.5%), from €14,024 to €2,449
- Taxes -€2,268
down €2,268, from €1,942 to -€326
- Financial charges -€1,224
down €1,224 (-37.1%), from €3,295 to €2,072
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.
Derived cash bridge
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 | €250,014 | €193,877 | -€56,137 | -22.5% |
| Fixed assets | 21/28 | €95,360 | €4,814 | -€90,547 | -95.0% |
| Tangible fixed assets | 22/27 | €95,360 | €4,814 | -€90,547 | -95.0% |
| Plant, machinery and equipment | 23 | €966 | €463 | -€503 | -52.1% |
| Furniture and vehicles | 24 | €94,394 | €4,351 | -€90,043 | -95.4% |
| Current assets | 29/58 | €154,654 | €189,063 | +€34,410 | +22.2% |
| Stocks and contracts in progress | 3 | - | €3,150 | +€3,150 | |
| Contracts in progress | 37 | - | €3,150 | +€3,150 | |
| Amounts receivable within one year | 40/41 | €90,807 | €129,073 | +€38,266 | +42.1% |
| Trade receivables | 40 | €70,681 | €113,661 | +€42,980 | +60.8% |
| Other amounts receivable | 41 | €20,126 | €15,412 | -€4,714 | -23.4% |
| Cash at bank and in hand | 54/58 | €61,543 | €55,717 | -€5,827 | -9.5% |
| Deferred charges and accrued income | 490/1 | €2,303 | €1,124 | -€1,179 | -51.2% |
| Total equity and liabilities | 10/49 | €250,014 | €193,877 | -€56,137 | -22.5% |
| Equity | 10/15 | €186,126 | €169,735 | -€16,390 | -8.8% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €179,926 | €151,135 | -€28,790 | -16.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €178,066 | €149,275 | -€28,790 | -16.2% |
| Amounts payable | 17/49 | €63,888 | €24,142 | -€39,747 | -62.2% |
| Amounts payable after more than one year | 17 | €31,600 | - | -€31,600 | |
| Financial debts | 170/4 | €31,600 | - | -€31,600 | |
| Amounts payable within one year | 42/48 | €32,288 | €24,142 | -€8,146 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €21,191 | €2,000 | -€19,191 | -90.6% |
| Trade debts | 44 | €2,037 | €13,934 | +€11,897 | +584% |
| Suppliers | 440/4 | €2,037 | €13,934 | +€11,897 | +584% |
| Taxes, remuneration and social security | 45 | €7,092 | €4,546 | -€2,546 | -35.9% |
| Taxes | 450/3 | €4,192 | €2,546 | -€1,646 | -39.3% |
| Remuneration and social security | 454/9 | €2,900 | €2,000 | -€900 | -31.0% |
| Other amounts payable | 47/48 | €1,968 | €3,662 | +€1,694 | +86.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,024 | €2,449 | -€11,576 | -82.5% |
| Other operating charges | 640/8 | €367 | €954 | +€587 | +160% |
| Non-recurring operating charges | 66A | €69,514 | €17,113 | -€52,401 | -75.4% |
| Gross operating margin | 9900 | €94,726 | €19,850 | -€74,877 | -79.0% |
| Operating profit (loss) | 9901 | €10,821 | -€665 | -€11,486 | |
| Financial income | 75/76B | €20 | €21 | +€0 | +2.0% |
| Recurring financial income | 75 | €20 | €21 | +€0 | +2.0% |
| Financial charges | 65/66B | €3,295 | €2,072 | -€1,224 | -37.1% |
| Recurring financial charges | 65 | €3,295 | €2,072 | -€1,224 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €7,546 | -€2,716 | -€10,262 | |
| Income taxes | 67/77 | €1,942 | -€326 | -€2,268 | |
| Profit (loss) for the period | 9904 | €5,604 | -€2,390 | -€7,994 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,604 | -€2,390 | -€7,994 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.