@-CIEL: 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.
@-CIEL
Largest movements
- Tangible fixed assets -€24,697
down €24,697 (-8.3%), from €297,338 to €272,641
of which Land and buildings: -€14,351
- Receivables after one year +€3,513
up €3,513 (+8.8%), from €40,000 to €43,513
- Tax, wage and social debts +€28,182
up €28,182 (+129.4%), from €21,781 to €49,963
of which Remuneration and social security: +€24,853
- Other debts -€24,689
down €24,689 (-7.7%), from €318,665 to €293,976
- Profit (loss) carried forward -€12,165
down €12,165 (-18.7%), from -€65,160 to -€77,325
- Current portion of long-term debt -€8,510
down €8,510 (-65.9%), from €12,920 to €4,410
- Debts after one year -€4,410
down €4,410 (-20.6%), from €21,360 to €16,950
- Gross operating margin +€45,303
up €45,303, from -€20,147 to €25,156
- Taxes +€5,842
up €5,842 (+1743.9%), from €335 to €6,177
- Financial income -€1,172
down €1,172 (-52.4%), from €2,236 to €1,064
- Other operating charges +€1,118
up €1,118 (+60.5%), from €1,848 to €2,966
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 | €345,013 | €320,708 | -€24,305 | -7.0% |
| Fixed assets | 21/28 | €297,413 | €272,716 | -€24,697 | -8.3% |
| Tangible fixed assets | 22/27 | €297,338 | €272,641 | -€24,697 | -8.3% |
| Land and buildings | 22 | €242,715 | €228,364 | -€14,351 | -5.9% |
| Plant, machinery and equipment | 23 | €3,649 | €1,811 | -€1,838 | -50.4% |
| Furniture and vehicles | 24 | €32,485 | €23,977 | -€8,508 | -26.2% |
| Other tangible fixed assets | 26 | €18,489 | €18,489 | = | 0.0% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €47,600 | €47,992 | +€392 | +0.8% |
| Amounts receivable after more than one year | 29 | €40,000 | €43,513 | +€3,513 | +8.8% |
| Other amounts receivable | 291 | €40,000 | €43,513 | +€3,513 | +8.8% |
| Amounts receivable within one year | 40/41 | €438 | €19 | -€419 | -95.7% |
| Other amounts receivable | 41 | €438 | €19 | -€419 | -95.7% |
| Cash at bank and in hand | 54/58 | €3,738 | €3,485 | -€253 | -6.8% |
| Deferred charges and accrued income | 490/1 | €3,424 | €975 | -€2,449 | -71.5% |
| Total equity and liabilities | 10/49 | €345,013 | €320,708 | -€24,305 | -7.0% |
| Equity | 10/15 | -€35,921 | -€48,086 | -€12,165 | -33.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €6,029 | €6,029 | = | 0.0% |
| Reserves | 13 | €4,610 | €4,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,750 | €2,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,160 | -€77,325 | -€12,165 | -18.7% |
| Amounts payable | 17/49 | €380,934 | €368,794 | -€12,140 | -3.2% |
| Amounts payable after more than one year | 17 | €21,360 | €16,950 | -€4,410 | -20.6% |
| Financial debts | 170/4 | €21,360 | €16,950 | -€4,410 | -20.6% |
| Amounts payable within one year | 42/48 | €359,264 | €351,534 | -€7,730 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €12,920 | €4,410 | -€8,510 | -65.9% |
| Trade debts | 44 | €5,898 | €3,185 | -€2,713 | -46.0% |
| Suppliers | 440/4 | €5,898 | €3,185 | -€2,713 | -46.0% |
| Taxes, remuneration and social security | 45 | €21,781 | €49,963 | +€28,182 | +129.4% |
| Taxes | 450/3 | - | €3,329 | +€3,329 | |
| Remuneration and social security | 454/9 | €21,781 | €46,634 | +€24,853 | +114.1% |
| Other amounts payable | 47/48 | €318,665 | €293,976 | -€24,689 | -7.7% |
| Accrued charges and deferred income | 492/3 | €310 | €310 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,721 | €28,573 | -€148 | -0.5% |
| Other operating charges | 640/8 | €1,848 | €2,966 | +€1,118 | +60.5% |
| Gross operating margin | 9900 | -€20,147 | €25,156 | +€45,303 | |
| Operating profit (loss) | 9901 | -€50,716 | -€6,383 | +€44,333 | +87.4% |
| Financial income | 75/76B | €2,236 | €1,064 | -€1,172 | -52.4% |
| Recurring financial income | 75 | €2,236 | €1,064 | -€1,172 | -52.4% |
| Financial charges | 65/66B | €615 | €669 | +€54 | +8.8% |
| Recurring financial charges | 65 | €615 | €669 | +€54 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | -€49,095 | -€5,988 | +€43,107 | +87.8% |
| Income taxes | 67/77 | €335 | €6,177 | +€5,842 | +1743.9% |
| Profit (loss) for the period | 9904 | -€49,430 | -€12,165 | +€37,265 | +75.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,430 | -€12,165 | +€37,265 | +75.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.