CIFTELER: 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.
CIFTELER
Largest movements
- Cash -€127
down €127 (-2.8%), from €4,481 to €4,353
mainly Net result for the year (-€227)
- Profit (loss) carried forward -€227
down €227 (-3.0%), from -€7,640 to -€7,867
- Other debts +€100
up €100 (+1.2%), from €8,141 to €8,241
- Depreciation -€1,571
no longer reported in 2025 (was €1,571)
- Financial charges +€87
up €87 (+62.0%), from €140 to €227
- Gross operating margin +€64
no longer reported in 2025 (was -€64)
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 | €4,501 | €4,374 | -€127 | -2.8% |
| Current assets | 29/58 | €4,501 | €4,374 | -€127 | -2.8% |
| Amounts receivable within one year | 40/41 | €20 | €20 | = | 0.0% |
| Other amounts receivable | 41 | €20 | €20 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,481 | €4,353 | -€127 | -2.8% |
| Total equity and liabilities | 10/49 | €4,501 | €4,374 | -€127 | -2.8% |
| Equity | 10/15 | -€3,640 | -€3,867 | -€227 | -6.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,640 | -€7,867 | -€227 | -3.0% |
| Amounts payable | 17/49 | €8,141 | €8,241 | +€100 | +1.2% |
| Amounts payable within one year | 42/48 | €8,141 | €8,241 | +€100 | +1.2% |
| Other amounts payable | 47/48 | €8,141 | €8,241 | +€100 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,571 | - | -€1,571 | |
| Gross operating margin | 9900 | -€64 | - | +€64 | |
| Operating profit (loss) | 9901 | -€1,635 | - | +€1,635 | |
| Financial charges | 65/66B | €140 | €227 | +€87 | +62.0% |
| Recurring financial charges | 65 | €140 | €227 | +€87 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,776 | -€227 | +€1,548 | +87.2% |
| Profit (loss) for the period | 9904 | -€1,776 | -€227 | +€1,548 | +87.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,776 | -€227 | +€1,548 | +87.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.