CIMBALLI: 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.
CIMBALLI
Largest movements
- Cash -€132,958
down €132,958 (-95.7%), from €138,879 to €5,921
mainly Net result for the year (-€74,690) and Accrued charges and deferred income (-€64,799)
- Intangible fixed assets -€35,800
down €35,800 (-33.4%), from €107,261 to €71,461
- Stocks and contracts -€22,465
down €22,465 (-35.8%), from €62,690 to €40,225
- Receivables within one year -€6,959
down €6,959 (-98.5%), from €7,063 to €104
of which Trade receivables: -€5,791
- Profit (loss) carried forward -€74,690
down €74,690 (-35.2%), from -€212,192 to -€286,882
- Accrued charges and deferred income -€64,799
down €64,799 (-81.9%), from €79,144 to €14,345
- Debts after one year -€31,051
down €31,051 (-17.6%), from €176,051 to €145,000
- Current portion of long-term debt -€28,933
down €28,933 (-48.2%), from €59,984 to €31,051
- Other debts +€10,000
up €10,000 (+117.3%), from €8,528 to €18,528
- Gross operating margin +€39,238
up €39,238 (+55.1%), from -€71,221 to -€31,983
- Depreciation -€3,500
down €3,500 (-8.8%), from €39,781 to €36,281
- Financial charges -€1,177
down €1,177 (-15.1%), from €7,789 to €6,612
- Financial income +€787
up €787 (+2425.6%), from €32 to €819
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 | €318,177 | €119,533 | -€198,644 | -62.4% |
| Fixed assets | 21/28 | €109,545 | €73,264 | -€36,281 | -33.1% |
| Intangible fixed assets | 21 | €107,261 | €71,461 | -€35,800 | -33.4% |
| Tangible fixed assets | 22/27 | €774 | €293 | -€481 | -62.2% |
| Plant, machinery and equipment | 23 | €774 | €293 | -€481 | -62.2% |
| Financial fixed assets | 28 | €1,510 | €1,510 | = | 0.0% |
| Current assets | 29/58 | €208,632 | €46,269 | -€162,363 | -77.8% |
| Stocks and contracts in progress | 3 | €62,690 | €40,225 | -€22,465 | -35.8% |
| Stocks | 30/36 | €62,690 | €40,225 | -€22,465 | -35.8% |
| Amounts receivable within one year | 40/41 | €7,063 | €104 | -€6,959 | -98.5% |
| Trade receivables | 40 | €5,895 | €104 | -€5,791 | -98.2% |
| Other amounts receivable | 41 | €1,168 | - | -€1,168 | |
| Cash at bank and in hand | 54/58 | €138,879 | €5,921 | -€132,958 | -95.7% |
| Deferred charges and accrued income | 490/1 | - | €18 | +€18 | |
| Total equity and liabilities | 10/49 | €318,177 | €119,533 | -€198,644 | -62.4% |
| Equity | 10/15 | -€41,732 | -€116,422 | -€74,690 | -179.0% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€212,192 | -€286,882 | -€74,690 | -35.2% |
| Amounts payable | 17/49 | €359,909 | €235,955 | -€123,954 | -34.4% |
| Amounts payable after more than one year | 17 | €176,051 | €145,000 | -€31,051 | -17.6% |
| Financial debts | 170/4 | €176,051 | €145,000 | -€31,051 | -17.6% |
| Amounts payable within one year | 42/48 | €104,714 | €76,610 | -€28,105 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €59,984 | €31,051 | -€28,933 | -48.2% |
| Trade debts | 44 | €32,124 | €23,469 | -€8,655 | -26.9% |
| Suppliers | 440/4 | €32,124 | €23,469 | -€8,655 | -26.9% |
| Taxes, remuneration and social security | 45 | €4,079 | €3,563 | -€516 | -12.7% |
| Taxes | 450/3 | €4,079 | €3,563 | -€516 | -12.7% |
| Other amounts payable | 47/48 | €8,528 | €18,528 | +€10,000 | +117.3% |
| Accrued charges and deferred income | 492/3 | €79,144 | €14,345 | -€64,799 | -81.9% |
| Remuneration, social security and pensions | 62 | €198 | €54 | -€144 | -72.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,781 | €36,281 | -€3,500 | -8.8% |
| Other operating charges | 640/8 | €1,205 | €579 | -€626 | -51.9% |
| Gross operating margin | 9900 | -€71,221 | -€31,983 | +€39,238 | +55.1% |
| Operating profit (loss) | 9901 | -€112,404 | -€68,897 | +€43,507 | +38.7% |
| Financial income | 75/76B | €32 | €819 | +€787 | +2425.6% |
| Recurring financial income | 75 | €32 | €819 | +€787 | +2425.6% |
| Financial charges | 65/66B | €7,789 | €6,612 | -€1,177 | -15.1% |
| Recurring financial charges | 65 | €7,789 | €6,612 | -€1,177 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | -€120,161 | -€74,690 | +€45,470 | +37.8% |
| Profit (loss) for the period | 9904 | -€120,161 | -€74,690 | +€45,470 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,161 | -€74,690 | +€45,470 | +37.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.