CIFERA BEHEER: 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.
CIFERA BEHEER
Largest movements
- Tangible fixed assets -€78,988
down €78,988 (-4.4%), from €1.8m to €1.7m
of which Land and buildings: -€76,996
- Receivables within one year +€50,686
up €50,686 (+322%), from €15,742 to €66,428
of which Other amounts receivable: +€48,218
- Current portion of long-term debt -€113,038
down €113,038 (-84.0%), from €134,614 to €21,576
- Profit (loss) carried forward +€70,579
up €70,579, from -€22,297 to €48,282
- Debts after one year +€23,411
up €23,411 (+2.2%), from €1.0m to €1.1m
- Financial income +€45,284
up €45,284 (+151%), from €30,007 to €75,291
- Purchases and services -€9,666
down €9,666 (-28.3%), from €34,197 to €24,531
- Turnover -€6,638
down €6,638 (-5.1%), from €130,653 to €124,015
- Depreciation -€3,556
down €3,556 (-4.3%), from €83,657 to €80,101
- Other operating charges +€3,515
up €3,515 (+72.4%), from €4,852 to €8,367
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 | €1,853,267 | €1,833,051 | -€20,216 | -1.1% |
| Fixed assets | 21/28 | €1,824,561 | €1,745,574 | -€78,988 | -4.3% |
| Tangible fixed assets | 22/27 | €1,814,563 | €1,735,576 | -€78,988 | -4.4% |
| Land and buildings | 22 | €1,811,463 | €1,734,468 | -€76,996 | -4.3% |
| Plant, machinery and equipment | 23 | €949 | €627 | -€323 | -34.0% |
| Furniture and vehicles | 24 | €2,151 | €481 | -€1,669 | -77.6% |
| Financial fixed assets | 28 | €9,998 | €9,998 | = | 0.0% |
| Current assets | 29/58 | €28,706 | €87,477 | +€58,772 | +205% |
| Amounts receivable within one year | 40/41 | €15,742 | €66,428 | +€50,686 | +322% |
| Trade receivables | 40 | €5,742 | €8,210 | +€2,468 | +43.0% |
| Other amounts receivable | 41 | €10,000 | €58,218 | +€48,218 | +482% |
| Cash at bank and in hand | 54/58 | €11,364 | €19,200 | +€7,836 | +69.0% |
| Deferred charges and accrued income | 490/1 | €1,600 | €1,850 | +€250 | +15.6% |
| Total equity and liabilities | 10/49 | €1,853,267 | €1,833,051 | -€20,216 | -1.1% |
| Equity | 10/15 | €660,727 | €730,657 | +€69,930 | +10.6% |
| Contributions | 10/11 | €663,023 | €663,023 | = | 0.0% |
| Reserves | 13 | €20,001 | €19,351 | -€650 | -3.2% |
| Tax-exempt reserves | 132 | €18,001 | €17,351 | -€650 | -3.6% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,297 | €48,282 | +€70,579 | |
| Amounts payable | 17/49 | €1,192,540 | €1,102,394 | -€90,146 | -7.6% |
| Amounts payable after more than one year | 17 | €1,045,430 | €1,068,841 | +€23,411 | +2.2% |
| Financial debts | 170/4 | €1,045,430 | €1,068,841 | +€23,411 | +2.2% |
| Amounts payable within one year | 42/48 | €144,251 | €31,358 | -€112,894 | -78.3% |
| Current portion of amounts payable after more than one year | 42 | €134,614 | €21,576 | -€113,038 | -84.0% |
| Trade debts | 44 | €4,437 | €1,372 | -€3,065 | -69.1% |
| Suppliers | 440/4 | €4,437 | €1,372 | -€3,065 | -69.1% |
| Taxes, remuneration and social security | 45 | €2,628 | €3,005 | +€377 | +14.4% |
| Taxes | 450/3 | €2,628 | €3,005 | +€377 | +14.4% |
| Other amounts payable | 47/48 | €2,573 | €5,405 | +€2,832 | +110% |
| Accrued charges and deferred income | 492/3 | €2,858 | €2,195 | -€663 | -23.2% |
| Turnover | 70 | €130,653 | €124,015 | -€6,638 | -5.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €34,197 | €24,531 | -€9,666 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,657 | €80,101 | -€3,556 | -4.3% |
| Other operating charges | 640/8 | €4,852 | €8,367 | +€3,515 | +72.4% |
| Gross operating margin | 9900 | €96,456 | €99,484 | +€3,028 | +3.1% |
| Operating profit (loss) | 9901 | €7,947 | €11,016 | +€3,069 | +38.6% |
| Financial income | 75/76B | €30,007 | €75,291 | +€45,284 | +151% |
| Recurring financial income | 75 | €30,007 | €75,291 | +€45,284 | +151% |
| Financial charges | 65/66B | €13,278 | €16,377 | +€3,100 | +23.3% |
| Recurring financial charges | 65 | €13,278 | €16,377 | +€3,100 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €24,676 | €69,930 | +€45,254 | +183% |
| Income taxes | 67/77 | €139 | - | -€139 | |
| Profit (loss) for the period | 9904 | €24,537 | €69,930 | +€45,393 | +185% |
| Transfer from tax-exempt reserves | 789 | €650 | €650 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,187 | €70,579 | +€45,393 | +180% |
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 19 October 2026 via checked.be.