Ciel mes Bijoux !: 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.
Ciel mes Bijoux !
Largest movements
- Stocks and contracts -€13,411
down €13,411 (-15.5%), from €86,479 to €73,067
- Tangible fixed assets +€7,640
up €7,640 (+117%), from €6,513 to €14,153
- Cash +€3,861
up €3,861, from €0 to €3,861
mainly Other debts (+€21,310) and Short-term financial debts (+€17,155)
- Profit (loss) carried forward -€27,435
down €27,435 (-7.2%), from -€380,815 to -€408,250
- Other debts +€21,310
up €21,310 (+17.7%), from €120,433 to €141,743
- Short-term financial debts +€17,155
up €17,155 (+64.5%), from €26,599 to €43,754
- Trade debts -€7,969
down €7,969 (-94.5%), from €8,435 to €466
- Tax, wage and social debts -€4,849
down €4,849 (-62.8%), from €7,719 to €2,869
- Write-downs -€122,696
down €122,696, from €61,348 to -€61,348
- Other operating charges +€58,166
up €58,166 (+1,652%), from €3,522 to €61,688
- Gross operating margin -€25,133
down €25,133, from €8,585 to -€16,548
- Depreciation +€2,714
up €2,714 (+253%), from €1,074 to €3,788
- Financial charges +€198
up €198 (+3.0%), from €6,501 to €6,699
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 | €94,135 | €92,347 | -€1,788 | -1.9% |
| Fixed assets | 21/28 | €6,779 | €14,419 | +€7,640 | +113% |
| Tangible fixed assets | 22/27 | €6,513 | €14,153 | +€7,640 | +117% |
| Plant, machinery and equipment | 23 | €6,513 | €14,153 | +€7,640 | +117% |
| Financial fixed assets | 28 | €266 | €266 | = | 0.0% |
| Current assets | 29/58 | €87,356 | €77,928 | -€9,428 | -10.8% |
| Stocks and contracts in progress | 3 | €86,479 | €73,067 | -€13,411 | -15.5% |
| Stocks | 30/36 | €86,479 | €73,067 | -€13,411 | -15.5% |
| Amounts receivable within one year | 40/41 | €877 | €1,000 | +€123 | +14.0% |
| Trade receivables | 40 | €877 | €1,000 | +€123 | +14.0% |
| Cash at bank and in hand | 54/58 | €0 | €3,861 | +€3,861 | |
| Total equity and liabilities | 10/49 | €94,135 | €92,347 | -€1,788 | -1.9% |
| Equity | 10/15 | -€313,815 | -€341,250 | -€27,435 | -8.7% |
| Contributions | 10/11 | €67,000 | €67,000 | = | 0.0% |
| Capital | 10 | €67,000 | €67,000 | = | 0.0% |
| Issued capital | 100 | €67,000 | €67,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€380,815 | -€408,250 | -€27,435 | -7.2% |
| Amounts payable | 17/49 | €407,950 | €433,597 | +€25,647 | +6.3% |
| Amounts payable after more than one year | 17 | €244,764 | €244,764 | = | 0.0% |
| Financial debts | 170/4 | €244,764 | €244,764 | = | 0.0% |
| Amounts payable within one year | 42/48 | €163,186 | €188,833 | +€25,647 | +15.7% |
| Financial debts | 43 | €26,599 | €43,754 | +€17,155 | +64.5% |
| Other loans | 439 | €26,599 | €43,754 | +€17,155 | +64.5% |
| Trade debts | 44 | €8,435 | €466 | -€7,969 | -94.5% |
| Suppliers | 440/4 | €8,435 | €466 | -€7,969 | -94.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,719 | €2,869 | -€4,849 | -62.8% |
| Taxes | 450/3 | €7,719 | €2,869 | -€4,849 | -62.8% |
| Other amounts payable | 47/48 | €120,433 | €141,743 | +€21,310 | +17.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,074 | €3,788 | +€2,714 | +253% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €61,348 | -€61,348 | -€122,696 | |
| Other operating charges | 640/8 | €3,522 | €61,688 | +€58,166 | +1,652% |
| Gross operating margin | 9900 | €8,585 | -€16,548 | -€25,133 | |
| Operating profit (loss) | 9901 | -€57,359 | -€20,676 | +€36,683 | +64.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €6,501 | €6,699 | +€198 | +3.0% |
| Recurring financial charges | 65 | €6,501 | €6,699 | +€198 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€63,859 | -€27,375 | +€36,484 | +57.1% |
| Income taxes | 67/77 | €110 | €60 | -€50 | -45.6% |
| Profit (loss) for the period | 9904 | -€63,969 | -€27,435 | +€36,534 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,969 | -€27,435 | +€36,534 | +57.1% |
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 14 October 2026 via checked.be.