CICJE: 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.
CICJE
Largest movements
- Cash +€63,864
up €63,864 (+143%), from €44,796 to €108,659
mainly Net result for the year (+€68,768) and Depreciation (+€22,256)
- Current investments +€19,825
up €19,825 (+65.7%), from €30,175 to €50,000
- Intangible fixed assets -€3,000
down €3,000 (-11.1%), from €26,992 to €23,992
- Reserves +€68,768
up €68,768 (+165%), from €41,554 to €110,322
- Tax, wage and social debts +€8,351
up €8,351 (+55.0%), from €15,180 to €23,531
of which Taxes: +€7,451
- Gross operating margin +€35,640
up €35,640 (+39.3%), from €90,623 to €126,263
- Taxes +€9,628
up €9,628 (+54.6%), from €17,650 to €27,279
- Depreciation -€2,260
down €2,260 (-9.2%), from €24,516 to €22,256
- Financial charges +€1,875
up €1,875 (+29.5%), from €6,363 to €8,238
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 | €176,559 | €255,419 | +€78,859 | +44.7% |
| Fixed assets | 21/28 | €99,841 | €95,669 | -€4,172 | -4.2% |
| Intangible fixed assets | 21 | €26,992 | €23,992 | -€3,000 | -11.1% |
| Tangible fixed assets | 22/27 | €71,949 | €70,778 | -€1,172 | -1.6% |
| Plant, machinery and equipment | 23 | €69,952 | €69,780 | -€172 | -0.2% |
| Furniture and vehicles | 24 | €1,997 | €997 | -€1,000 | -50.1% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €76,718 | €159,749 | +€83,031 | +108% |
| Amounts receivable within one year | 40/41 | €861 | €282 | -€578 | -67.2% |
| Trade receivables | 40 | €854 | €282 | -€571 | -66.9% |
| Other amounts receivable | 41 | €7 | €0 | -€7 | -100% |
| Current investments | 50/53 | €30,175 | €50,000 | +€19,825 | +65.7% |
| Cash at bank and in hand | 54/58 | €44,796 | €108,659 | +€63,864 | +143% |
| Deferred charges and accrued income | 490/1 | €887 | €808 | -€79 | -8.9% |
| Total equity and liabilities | 10/49 | €176,559 | €255,419 | +€78,859 | +44.7% |
| Equity | 10/15 | €51,554 | €120,322 | +€68,768 | +133% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €41,554 | €110,322 | +€68,768 | +165% |
| Distributable reserves | 133 | €41,554 | €110,322 | +€68,768 | +165% |
| Amounts payable | 17/49 | €125,005 | €135,097 | +€10,092 | +8.1% |
| Amounts payable within one year | 42/48 | €123,978 | €133,986 | +€10,008 | +8.1% |
| Trade debts | 44 | €1,192 | €349 | -€843 | -70.7% |
| Suppliers | 440/4 | €1,192 | €349 | -€843 | -70.7% |
| Taxes, remuneration and social security | 45 | €15,180 | €23,531 | +€8,351 | +55.0% |
| Taxes | 450/3 | €10,780 | €18,231 | +€7,451 | +69.1% |
| Remuneration and social security | 454/9 | €4,400 | €5,300 | +€900 | +20.5% |
| Other amounts payable | 47/48 | €107,605 | €110,106 | +€2,501 | +2.3% |
| Accrued charges and deferred income | 492/3 | €1,027 | €1,110 | +€83 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,516 | €22,256 | -€2,260 | -9.2% |
| Other operating charges | 640/8 | €802 | €727 | -€75 | -9.4% |
| Gross operating margin | 9900 | €90,623 | €126,263 | +€35,640 | +39.3% |
| Operating profit (loss) | 9901 | €65,305 | €103,280 | +€37,975 | +58.2% |
| Financial income | 75/76B | €262 | €1,004 | +€742 | +283% |
| Recurring financial income | 75 | €262 | €1,004 | +€742 | +283% |
| Financial charges | 65/66B | €6,363 | €8,238 | +€1,875 | +29.5% |
| Recurring financial charges | 65 | €6,363 | €8,238 | +€1,875 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €59,205 | €96,046 | +€36,842 | +62.2% |
| Income taxes | 67/77 | €17,650 | €27,279 | +€9,628 | +54.6% |
| Profit (loss) for the period | 9904 | €41,554 | €68,768 | +€27,213 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,554 | €68,768 | +€27,213 | +65.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.