CIFTCI: 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.
CIFTCI
Largest movements
- Cash -€6,521
no longer reported in 2024 (was €6,521)
mainly Other debts (-€7,490) and Tax, wage and social debts (-€1,708)
- Stocks and contracts -€792
no longer reported in 2024 (was €792)
- Receivables within one year -€654
down €654 (-4.6%), from €14,154 to €13,500
of which Other amounts receivable: -€654
- Other debts -€7,490
down €7,490 (-79.8%), from €9,391 to €1,901
- Profit (loss) carried forward +€2,729
up €2,729 (+2.9%), from -€94,404 to -€91,675
- Tax, wage and social debts -€1,708
no longer reported in 2024 (was €1,708)
- Trade debts -€1,321
no longer reported in 2024 (was €1,321)
- Purchases and services -€49,175
down €49,175 (-70.2%), from €70,049 to €20,874
- Turnover -€38,633
down €38,633 (-60.7%), from €63,644 to €25,012
- Gross operating margin +€10,542
up €10,542, from -€6,405 to €4,138
- Depreciation -€4,155
no longer reported in 2024 (was €4,155)
- Financial charges -€1,088
down €1,088 (-57.0%), from €1,910 to €822
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,567 | €13,600 | -€7,967 | -36.9% |
| Fixed assets | 21/28 | €100 | €100 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €21,467 | €13,500 | -€7,967 | -37.1% |
| Stocks and contracts in progress | 3 | €792 | - | -€792 | |
| Stocks | 30/36 | €792 | - | -€792 | |
| Amounts receivable within one year | 40/41 | €14,154 | €13,500 | -€654 | -4.6% |
| Trade receivables | 40 | €13,500 | €13,500 | = | 0.0% |
| Other amounts receivable | 41 | €654 | - | -€654 | |
| Cash at bank and in hand | 54/58 | €6,521 | - | -€6,521 | |
| Total equity and liabilities | 10/49 | €21,567 | €13,600 | -€7,967 | -36.9% |
| Equity | 10/15 | -€13,204 | -€10,475 | +€2,729 | +20.7% |
| Contributions | 10/11 | €81,200 | €81,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,404 | -€91,675 | +€2,729 | +2.9% |
| Amounts payable | 17/49 | €34,771 | €24,075 | -€10,696 | -30.8% |
| Amounts payable within one year | 42/48 | €34,771 | €24,075 | -€10,696 | -30.8% |
| Financial debts | 43 | €22,350 | €22,174 | -€176 | -0.8% |
| Credit institutions | 430/8 | €22,350 | €22,174 | -€176 | -0.8% |
| Trade debts | 44 | €1,321 | - | -€1,321 | |
| Suppliers | 440/4 | €1,321 | - | -€1,321 | |
| Taxes, remuneration and social security | 45 | €1,708 | - | -€1,708 | |
| Taxes | 450/3 | €1,708 | - | -€1,708 | |
| Other amounts payable | 47/48 | €9,391 | €1,901 | -€7,490 | -79.8% |
| Turnover | 70 | €63,644 | €25,012 | -€38,633 | -60.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €70,049 | €20,874 | -€49,175 | -70.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,155 | - | -€4,155 | |
| Other operating charges | 640/8 | €1,366 | €587 | -€779 | -57.0% |
| Gross operating margin | 9900 | -€6,405 | €4,138 | +€10,542 | |
| Operating profit (loss) | 9901 | -€11,925 | €3,551 | +€15,476 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,910 | €822 | -€1,088 | -57.0% |
| Recurring financial charges | 65 | €1,910 | €822 | -€1,088 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,835 | €2,729 | +€16,564 | |
| Profit (loss) for the period | 9904 | -€13,835 | €2,729 | +€16,564 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,835 | €2,729 | +€16,564 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.