Ciconsilium: 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.
Ciconsilium
Largest movements
- Current investments -€55,608
down €55,608 (-14.6%), from €380,608 to €325,000
- Cash +€51,053
up €51,053 (+147%), from €34,800 to €85,853
mainly Net result for the year (+€90,464) and Current investments (+€55,608)
- Reserves +€226,624
up €226,624 (+113%), from €200,000 to €426,624
- Profit (loss) carried forward -€226,160
no longer reported in 2025 (was €226,160)
- Tax, wage and social debts -€10,813
no longer reported in 2025 (was €10,813)
- Other debts +€9,745
up €9,745 (+286%), from €3,405 to €13,150
- Financial income -€27,407
down €27,407 (-75.0%), from €36,534 to €9,127
- Other operating charges +€26,738
up €26,738 (+1,380%), from €1,937 to €28,675
- Taxes -€14,118
down €14,118 (-30.1%), from €46,906 to €32,788
- Depreciation -€7,310
down €7,310 (-76.1%), from €9,605 to €2,295
- Financial charges +€5,367
up €5,367 (+12,308%), from €44 to €5,411
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 | €445,651 | €447,057 | +€1,406 | +0.3% |
| Fixed assets | 21/28 | €2,584 | €3,288 | +€705 | +27.3% |
| Tangible fixed assets | 22/27 | €2,584 | €3,288 | +€705 | +27.3% |
| Plant, machinery and equipment | 23 | €833 | €288 | -€545 | -65.4% |
| Furniture and vehicles | 24 | €1,751 | €0 | -€1,751 | -100% |
| Other tangible fixed assets | 26 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €443,067 | €443,769 | +€702 | +0.2% |
| Amounts receivable within one year | 40/41 | €27,659 | €30,266 | +€2,607 | +9.4% |
| Trade receivables | 40 | €19,898 | €20,328 | +€430 | +2.2% |
| Other amounts receivable | 41 | €7,761 | €9,938 | +€2,177 | +28.1% |
| Current investments | 50/53 | €380,608 | €325,000 | -€55,608 | -14.6% |
| Cash at bank and in hand | 54/58 | €34,800 | €85,853 | +€51,053 | +147% |
| Deferred charges and accrued income | 490/1 | - | €2,650 | +€2,650 | |
| Total equity and liabilities | 10/49 | €445,651 | €447,057 | +€1,406 | +0.3% |
| Equity | 10/15 | €431,160 | €431,624 | +€464 | +0.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €200,000 | €426,624 | +€226,624 | +113% |
| Distributable reserves | 133 | €200,000 | €426,624 | +€226,624 | +113% |
| Profit (loss) carried forward | 14 | €226,160 | - | -€226,160 | |
| Amounts payable | 17/49 | €14,490 | €15,433 | +€943 | +6.5% |
| Amounts payable within one year | 42/48 | €14,490 | €15,433 | +€943 | +6.5% |
| Trade debts | 44 | €272 | €2,282 | +€2,010 | +739% |
| Suppliers | 440/4 | €272 | €2,282 | +€2,010 | +739% |
| Taxes, remuneration and social security | 45 | €10,813 | - | -€10,813 | |
| Taxes | 450/3 | €10,813 | - | -€10,813 | |
| Other amounts payable | 47/48 | €3,405 | €13,150 | +€9,745 | +286% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,605 | €2,295 | -€7,310 | -76.1% |
| Other operating charges | 640/8 | €1,937 | €28,675 | +€26,738 | +1,380% |
| Gross operating margin | 9900 | €155,546 | €150,506 | -€5,040 | -3.2% |
| Operating profit (loss) | 9901 | €144,004 | €119,536 | -€24,468 | -17.0% |
| Financial income | 75/76B | €36,534 | €9,127 | -€27,407 | -75.0% |
| Recurring financial income | 75 | €36,534 | €9,127 | -€27,407 | -75.0% |
| Financial charges | 65/66B | €44 | €5,411 | +€5,367 | +12,308% |
| Recurring financial charges | 65 | €44 | €5,411 | +€5,367 | +12,308% |
| Profit (loss) for the period before taxes | 9903 | €180,494 | €123,252 | -€57,243 | -31.7% |
| Income taxes | 67/77 | €46,906 | €32,788 | -€14,118 | -30.1% |
| Profit (loss) for the period | 9904 | €133,589 | €90,464 | -€43,125 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €133,589 | €90,464 | -€43,125 | -32.3% |
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 17 October 2026 via checked.be.