CICONIA: 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.
CICONIA
Largest movements
- Receivables within one year +€23,145
up €23,145 (+44.9%), from €51,603 to €74,748
of which Other amounts receivable: +€23,885
- Tangible fixed assets -€9,369
down €9,369 (-21.8%), from €43,051 to €33,682
of which Leasing and similar rights: -€8,736
- Cash -€6,412
down €6,412 (-64.4%), from €9,954 to €3,541
mainly Receivables within one year (-€23,145) and Trade debts (-€11,292)
- Reserves +€22,382
up €22,382 (+66.8%), from €33,507 to €55,889
- Trade debts -€11,292
down €11,292 (-80.9%), from €13,962 to €2,670
- Debts after one year -€8,517
down €8,517 (-26.5%), from €32,192 to €23,675
- Tax, wage and social debts +€4,436
up €4,436 (+39.0%), from €11,368 to €15,804
- Gross operating margin +€18,911
up €18,911 (+88.0%), from €21,482 to €40,394
- Depreciation +€5,733
up €5,733 (+157.7%), from €3,636 to €9,369
- Taxes +€4,767
up €4,767 (+112.3%), from €4,246 to €9,013
- Financial income +€1,118
up €1,118 (+72.6%), from €1,540 to €2,658
- Financial charges +€787
up €787 (+97.1%), from €810 to €1,597
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 | €105,206 | €112,555 | +€7,349 | +7.0% |
| Fixed assets | 21/28 | €43,051 | €33,682 | -€9,369 | -21.8% |
| Tangible fixed assets | 22/27 | €43,051 | €33,682 | -€9,369 | -21.8% |
| Plant, machinery and equipment | 23 | €2,374 | €1,741 | -€633 | -26.7% |
| Leasing and similar rights | 25 | €40,677 | €31,941 | -€8,736 | -21.5% |
| Current assets | 29/58 | €62,155 | €78,873 | +€16,718 | +26.9% |
| Amounts receivable within one year | 40/41 | €51,603 | €74,748 | +€23,145 | +44.9% |
| Trade receivables | 40 | €15,644 | €14,905 | -€739 | -4.7% |
| Other amounts receivable | 41 | €35,959 | €59,843 | +€23,885 | +66.4% |
| Cash at bank and in hand | 54/58 | €9,954 | €3,541 | -€6,412 | -64.4% |
| Deferred charges and accrued income | 490/1 | €599 | €584 | -€15 | -2.5% |
| Total equity and liabilities | 10/49 | €105,206 | €112,555 | +€7,349 | +7.0% |
| Equity | 10/15 | €39,507 | €61,889 | +€22,382 | +56.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €33,507 | €55,889 | +€22,382 | +66.8% |
| Distributable reserves | 133 | €33,507 | €55,889 | +€22,382 | +66.8% |
| Amounts payable | 17/49 | €65,700 | €50,666 | -€15,034 | -22.9% |
| Amounts payable after more than one year | 17 | €32,192 | €23,675 | -€8,517 | -26.5% |
| Financial debts | 170/4 | €32,192 | €23,675 | -€8,517 | -26.5% |
| Amounts payable within one year | 42/48 | €33,508 | €26,991 | -€6,517 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €8,178 | €8,517 | +€339 | +4.2% |
| Trade debts | 44 | €13,962 | €2,670 | -€11,292 | -80.9% |
| Suppliers | 440/4 | €13,962 | €2,670 | -€11,292 | -80.9% |
| Taxes, remuneration and social security | 45 | €11,368 | €15,804 | +€4,436 | +39.0% |
| Taxes | 450/3 | €11,368 | €15,804 | +€4,436 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,636 | €9,369 | +€5,733 | +157.7% |
| Other operating charges | 640/8 | €673 | €690 | +€18 | +2.6% |
| Gross operating margin | 9900 | €21,482 | €40,394 | +€18,911 | +88.0% |
| Operating profit (loss) | 9901 | €17,174 | €30,334 | +€13,160 | +76.6% |
| Financial income | 75/76B | €1,540 | €2,658 | +€1,118 | +72.6% |
| Recurring financial income | 75 | €1,540 | €2,658 | +€1,118 | +72.6% |
| Financial charges | 65/66B | €810 | €1,597 | +€787 | +97.1% |
| Recurring financial charges | 65 | €810 | €1,597 | +€787 | +97.1% |
| Profit (loss) for the period before taxes | 9903 | €17,904 | €31,395 | +€13,491 | +75.4% |
| Income taxes | 67/77 | €4,246 | €9,013 | +€4,767 | +112.3% |
| Profit (loss) for the period | 9904 | €13,658 | €22,382 | +€8,724 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,658 | €22,382 | +€8,724 | +63.9% |
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 1 October 2026 via checked.be.