CID LINES: 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.
What changed
CID LINES
NACE 20.411, Manufacture of chemicals and chemical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€14.1m
2024 · €9.1m+€5.0m
Equity
€65.3m
2024 · €51.2m+€14.1m
Cash
€30.8m
2024 · €31.6m-€766,996
Balance sheet total
€97.1m
2024 · €90.2m+€6.8m
Largest movements
Assets
- Receivables within one year +€5.7m
up €5.7m (+19.6%), from €29.2m to €34.9m
of which Trade receivables: +€6.1m
- Tangible fixed assets +€1.4m
up €1.4m (+9.7%), from €14.9m to €16.3m
of which Assets under construction and advance payments: +€1.0m
Equity and liabilities
- Other debts -€14.6m
down €14.6m (-98.2%), from €14.9m to €261,000
- Reserves +€14.1m
up €14.1m (+291%), from €4.8m to €18.9m
of which Distributable reserves: +€14.1m
- Trade debts +€8.1m
up €8.1m (+40.4%), from €20.1m to €28.2m
Income statement
- Financial charges -€11.2m
down €11.2m (-87.8%), from €12.7m to €1.5m
of which Non-recurring financial charges: -€12.2m
- Financial income -€6.3m
down €6.3m (-61.8%), from €10.1m to €3.9m
of which Non-recurring financial income: -€3.3m
- Goods and materials +€3.6m
up €3.6m (+7.6%), from €47.1m to €50.7m
of which Purchases: +€2.7m
- Services and other goods +€2.9m
up €2.9m (+4.8%), from €59.2m to €62.0m
- Other operating income +€1.9m
up €1.9m (+11.5%), from €16.3m to €18.2m
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.
Result 2024
€9.1m
Turnover
+€1.1m
Other operating income
+€1.9m
Goods and materials
-€3.6m
Services and other goods
-€2.9m
Staff costs
+€765,385
Depreciation
-€7,322
Write-downs
-€44,343
Other operating charges
+€94,210
Other operating items
+€2.0m
Financial income
-€6.3m
Financial charges
+€11.2m
Taxes
+€750,339
Result 2025
€14.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.7m
Investment
-€3.5m
Financing
-€0
Cash 2024
€31.6m
From operations (derived)
+€2.7m
Net result for the year
+€14.1m
Depreciation
+€2.2m
Stocks and contracts
-€626,054
Receivables within one year
-€5.7m
Deferred charges and accrued income
-€31,667
Trade debts
+€8.1m
Tax, wage and social debts
-€313,000
Other debts
-€14.6m
Accrued charges and deferred income
-€447,938
Investment (derived)
-€3.5m
Investment in fixed assets (net)
-€3.5m
Financing
-€0
Contributions, distributions and other
-€0
Cash 2025
€30.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,239,056 | €97,081,667 | +€6.8m | +7.6% |
| Fixed assets | 21/28 | €20,688,774 | €21,915,692 | +€1.2m | +5.9% |
| Intangible fixed assets | 21 | €1,282,371 | €1,067,620 | -€214,751 | -16.7% |
| Tangible fixed assets | 22/27 | €14,896,101 | €16,342,420 | +€1.4m | +9.7% |
| Land and buildings | 22 | €7,434,024 | €7,400,590 | -€33,434 | -0.4% |
| Plant, machinery and equipment | 23 | €5,117,648 | €5,646,260 | +€528,612 | +10.3% |
| Furniture and vehicles | 24 | €423,431 | €351,145 | -€72,286 | -17.1% |
| Other tangible fixed assets | 26 | €501,806 | €488,744 | -€13,062 | -2.6% |
| Assets under construction and advance payments | 27 | €1,419,192 | €2,455,681 | +€1.0m | +73.0% |
| Financial fixed assets | 28 | €4,510,302 | €4,505,652 | -€4,650 | -0.1% |
| Affiliated companies | 280/1 | €4,491,053 | €4,491,053 | +€0 | 0.0% |
| Participating interests | 280 | €4,491,053 | €4,491,053 | +€0 | 0.0% |
| Other financial fixed assets | 284/8 | €19,249 | €14,599 | -€4,650 | -24.2% |
| Amounts receivable and cash guarantees | 285/8 | €19,249 | €14,599 | -€4,650 | -24.2% |
| Current assets | 29/58 | €69,550,282 | €75,165,975 | +€5.6m | +8.1% |
| Stocks and contracts in progress | 3 | €8,652,719 | €9,278,773 | +€626,054 | +7.2% |
| Stocks | 30/36 | €8,652,719 | €9,278,773 | +€626,054 | +7.2% |
| Raw materials and consumables | 30/31 | €4,010,549 | €5,345,434 | +€1.3m | +33.3% |
| Work in progress | 32 | €392,391 | €358,948 | -€33,443 | -8.5% |
| Finished goods | 33 | €3,646,903 | €3,402,708 | -€244,195 | -6.7% |
| Goods purchased for resale | 34 | €602,877 | €171,683 | -€431,194 | -71.5% |
| Amounts receivable within one year | 40/41 | €29,191,055 | €34,916,023 | +€5.7m | +19.6% |
| Trade receivables | 40 | €26,715,563 | €32,842,609 | +€6.1m | +22.9% |
| Other amounts receivable | 41 | €2,475,492 | €2,073,414 | -€402,078 | -16.2% |
| Cash at bank and in hand | 54/58 | €31,591,201 | €30,824,205 | -€766,996 | -2.4% |
| Deferred charges and accrued income | 490/1 | €115,307 | €146,974 | +€31,667 | +27.5% |
| Total equity and liabilities | 10/49 | €90,239,056 | €97,081,667 | +€6.8m | +7.6% |
| Equity | 10/15 | €51,189,960 | €65,254,598 | +€14.1m | +27.5% |
| Contributions | 10/11 | €46,350,190 | €46,350,190 | -€0 | 0.0% |
| Capital | 10 | €46,350,190 | €46,350,190 | -€0 | 0.0% |
| Issued capital | 100 | €46,350,190 | €46,350,190 | -€0 | 0.0% |
| Reserves | 13 | €4,839,770 | €18,904,408 | +€14.1m | +291% |
| Non-distributable reserves | 130/1 | €4,635,019 | €4,635,019 | -€0 | 0.0% |
| Legal reserve | 130 | €4,635,019 | €4,635,019 | -€0 | 0.0% |
| Distributable reserves | 133 | €204,751 | €14,269,389 | +€14.1m | +6,869% |
| Amounts payable | 17/49 | €39,049,095 | €31,827,069 | -€7.2m | -18.5% |
| Amounts payable within one year | 42/48 | €38,171,563 | €31,397,475 | -€6.8m | -17.7% |
| Trade debts | 44 | €20,115,103 | €28,245,193 | +€8.1m | +40.4% |
| Suppliers | 440/4 | €20,115,103 | €28,245,193 | +€8.1m | +40.4% |
| Taxes, remuneration and social security | 45 | €3,204,282 | €2,891,282 | -€313,000 | -9.8% |
| Taxes | 450/3 | €290,997 | €274,368 | -€16,629 | -5.7% |
| Remuneration and social security | 454/9 | €2,913,286 | €2,616,914 | -€296,372 | -10.2% |
| Other amounts payable | 47/48 | €14,852,177 | €261,000 | -€14.6m | -98.2% |
| Accrued charges and deferred income | 492/3 | €877,532 | €429,594 | -€447,938 | -51.0% |
| Operating income | 70/76A | €139,522,110 | €144,431,123 | +€4.9m | +3.5% |
| Turnover | 70 | €125,225,606 | €126,357,931 | +€1.1m | +0.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€2,046,494 | -€146,096 | +€1.9m | +92.9% |
| Other operating income | 74 | €16,342,997 | €18,219,288 | +€1.9m | +11.5% |
| Operating charges | 60/66A | €122,736,449 | €128,331,375 | +€5.6m | +4.6% |
| Goods for resale, raw materials and consumables | 60 | €47,112,704 | €50,707,650 | +€3.6m | +7.6% |
| Purchases | 600/8 | €48,848,519 | €51,561,809 | +€2.7m | +5.6% |
| Change in stocks: decrease (increase) | 609 | -€1,735,815 | -€854,159 | +€881,656 | +50.8% |
| Services and other goods | 61 | €59,172,247 | €62,038,876 | +€2.9m | +4.8% |
| Remuneration, social security and pensions | 62 | €13,788,325 | €13,022,940 | -€765,385 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,218,481 | €2,225,803 | +€7,322 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €103,862 | €148,205 | +€44,343 | +42.7% |
| Other operating charges | 640/8 | €282,111 | €187,901 | -€94,210 | -33.4% |
| Non-recurring operating charges | 66A | €58,719 | - | -€58,719 | |
| Operating profit (loss) | 9901 | €16,785,660 | €16,099,748 | -€685,912 | -4.1% |
| Financial income | 75/76B | €10,131,348 | €3,871,899 | -€6.3m | -61.8% |
| Recurring financial income | 75 | €6,868,836 | €3,871,899 | -€3.0m | -43.6% |
| Income from financial fixed assets | 750 | €5,032,477 | €1,598,023 | -€3.4m | -68.2% |
| Income from current assets | 751 | €1,638,812 | €736,702 | -€902,110 | -55.0% |
| Other financial income | 752/9 | €197,547 | €1,537,174 | +€1.3m | +678% |
| Non-recurring financial income | 76B | €3,262,512 | - | -€3.3m | |
| Financial charges | 65/66B | €12,696,438 | €1,545,327 | -€11.2m | -87.8% |
| Recurring financial charges | 65 | €528,526 | €1,545,327 | +€1.0m | +192% |
| Debt charges | 650 | €58,566 | €59,968 | +€1,402 | +2.4% |
| Other financial charges | 652/9 | €469,961 | €1,485,359 | +€1.0m | +216% |
| Non-recurring financial charges | 66B | €12,167,911 | - | -€12.2m | |
| Profit (loss) for the period before taxes | 9903 | €14,220,571 | €18,426,320 | +€4.2m | +29.6% |
| Income taxes | 67/77 | €5,112,021 | €4,361,682 | -€750,339 | -14.7% |
| Taxes | 670/3 | €5,122,034 | €4,361,682 | -€760,352 | -14.8% |
| Tax adjustments and reversals of tax provisions | 77 | €10,013 | - | -€10,013 | |
| Profit (loss) for the period | 9904 | €9,108,550 | €14,064,638 | +€5.0m | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,108,550 | €14,064,638 | +€5.0m | +54.4% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.