CIGNI: 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.
CIGNI
Largest movements
- Tangible fixed assets -€20,433
down €20,433 (-9.9%), from €206,093 to €185,661
of which Furniture and vehicles: -€11,407
- Cash +€5,987
up €5,987 (+10.5%), from €57,107 to €63,094
mainly Net result for the year (+€34,278) and Depreciation (+€20,433)
- Profit (loss) carried forward -€52,620
down €52,620 (-93.3%), from €56,393 to €3,773
- Reserves +€34,250
up €34,250 (+92.7%), from €36,950 to €71,200
- Debts after one year -€17,780
down €17,780 (-12.2%), from €145,938 to €128,158
- Other debts +€14,044
up €14,044 (+46813300.0%), from €0 to €14,044
- Tax, wage and social debts +€8,137
up €8,137 (+42.5%), from €19,130 to €27,268
- Gross operating margin +€8,592
up €8,592 (+12.7%), from €67,622 to €76,214
- Taxes +€2,754
up €2,754 (+25.3%), from €10,871 to €13,625
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 | €279,136 | €266,171 | -€12,965 | -4.6% |
| Fixed assets | 21/28 | €206,093 | €185,661 | -€20,433 | -9.9% |
| Tangible fixed assets | 22/27 | €206,093 | €185,661 | -€20,433 | -9.9% |
| Plant, machinery and equipment | 23 | €878 | €492 | -€386 | -43.9% |
| Furniture and vehicles | 24 | €26,756 | €15,349 | -€11,407 | -42.6% |
| Other tangible fixed assets | 26 | €178,460 | €169,820 | -€8,640 | -4.8% |
| Current assets | 29/58 | €73,042 | €80,510 | +€7,468 | +10.2% |
| Amounts receivable within one year | 40/41 | €15,387 | €16,381 | +€994 | +6.5% |
| Trade receivables | 40 | €15,387 | €16,381 | +€994 | +6.5% |
| Cash at bank and in hand | 54/58 | €57,107 | €63,094 | +€5,987 | +10.5% |
| Deferred charges and accrued income | 490/1 | €549 | €1,035 | +€486 | +88.7% |
| Total equity and liabilities | 10/49 | €279,136 | €266,171 | -€12,965 | -4.6% |
| Equity | 10/15 | €96,343 | €77,973 | -€18,370 | -19.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,950 | €71,200 | +€34,250 | +92.7% |
| Distributable reserves | 133 | €36,950 | €71,200 | +€34,250 | +92.7% |
| Profit (loss) carried forward | 14 | €56,393 | €3,773 | -€52,620 | -93.3% |
| Amounts payable | 17/49 | €182,793 | €188,198 | +€5,405 | +3.0% |
| Amounts payable after more than one year | 17 | €145,938 | €128,158 | -€17,780 | -12.2% |
| Financial debts | 170/4 | €145,938 | €128,158 | -€17,780 | -12.2% |
| Amounts payable within one year | 42/48 | €36,855 | €60,039 | +€23,184 | +62.9% |
| Current portion of amounts payable after more than one year | 42 | €17,323 | €17,780 | +€457 | +2.6% |
| Trade debts | 44 | €402 | €948 | +€546 | +136.0% |
| Suppliers | 440/4 | €402 | €948 | +€546 | +136.0% |
| Taxes, remuneration and social security | 45 | €19,130 | €27,268 | +€8,137 | +42.5% |
| Taxes | 450/3 | €19,130 | €27,268 | +€8,137 | +42.5% |
| Other amounts payable | 47/48 | €0 | €14,044 | +€14,044 | +46813300.0% |
| Non-recurring operating income | 76A | €2,491 | - | -€2,491 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,433 | €20,433 | = | 0.0% |
| Other operating charges | 640/8 | €1,968 | €2,030 | +€63 | +3.2% |
| Gross operating margin | 9900 | €67,622 | €76,214 | +€8,592 | +12.7% |
| Operating profit (loss) | 9901 | €45,222 | €53,751 | +€8,530 | +18.9% |
| Financial charges | 65/66B | €6,368 | €5,849 | -€519 | -8.1% |
| Recurring financial charges | 65 | €6,368 | €5,849 | -€519 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €38,854 | €47,902 | +€9,049 | +23.3% |
| Income taxes | 67/77 | €10,871 | €13,625 | +€2,754 | +25.3% |
| Profit (loss) for the period | 9904 | €27,983 | €34,278 | +€6,295 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,983 | €34,278 | +€6,295 | +22.5% |
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 11 October 2026 via checked.be.