CIMENTAY: 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.
CIMENTAY
Largest movements
- Receivables within one year +€67,072
up €67,072 (+2062.9%), from €3,251 to €70,323
of which Other amounts receivable: +€55,314
- Tangible fixed assets +€12,816
up €12,816 (+27.8%), from €46,164 to €58,980
of which Plant, machinery and equipment: +€16,282
- Intangible fixed assets -€9,154
down €9,154 (-12.0%), from €76,308 to €67,154
- Cash +€7,673
up €7,673 (+49.3%), from €15,549 to €23,222
mainly Trade debts (+€47,770) and Tax, wage and social debts (+€33,277)
- Deferred charges and accrued income +€2,426
new in 2025: €2,426
- Trade debts +€47,770
up €47,770 (+176.4%), from €27,077 to €74,847
- Tax, wage and social debts +€33,277
up €33,277 (+70.3%), from €47,330 to €80,607
of which Taxes: +€29,744
- Debts after one year -€7,247
down €7,247 (-25.8%), from €28,043 to €20,796
of which Financial debts: -€6,714
- Profit (loss) carried forward +€5,224
up €5,224 (+19.0%), from €27,518 to €32,742
- Staff costs +€58,877
up €58,877 (+162.3%), from €36,274 to €95,151
- Gross operating margin +€31,724
up €31,724 (+31.9%), from €99,556 to €131,279
- Depreciation +€12,534
up €12,534 (+144.6%), from €8,667 to €21,201
- Taxes -€5,681
down €5,681 (-52.6%), from €10,799 to €5,118
- Other operating charges -€4,658
down €4,658 (-64.3%), from €7,244 to €2,587
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 | €141,273 | €222,106 | +€80,833 | +57.2% |
| Fixed assets | 21/28 | €122,472 | €126,134 | +€3,662 | +3.0% |
| Intangible fixed assets | 21 | €76,308 | €67,154 | -€9,154 | -12.0% |
| Tangible fixed assets | 22/27 | €46,164 | €58,980 | +€12,816 | +27.8% |
| Plant, machinery and equipment | 23 | €2,529 | €18,811 | +€16,282 | +643.7% |
| Furniture and vehicles | 24 | €38,716 | €35,764 | -€2,953 | -7.6% |
| Other tangible fixed assets | 26 | €4,919 | €4,405 | -€513 | -10.4% |
| Current assets | 29/58 | €18,800 | €95,972 | +€77,171 | +410.5% |
| Amounts receivable within one year | 40/41 | €3,251 | €70,323 | +€67,072 | +2062.9% |
| Trade receivables | 40 | €3,202 | €14,960 | +€11,758 | +367.2% |
| Other amounts receivable | 41 | €49 | €55,363 | +€55,314 | +112541.0% |
| Cash at bank and in hand | 54/58 | €15,549 | €23,222 | +€7,673 | +49.3% |
| Deferred charges and accrued income | 490/1 | - | €2,426 | +€2,426 | |
| Total equity and liabilities | 10/49 | €141,273 | €222,106 | +€80,833 | +57.2% |
| Equity | 10/15 | €32,518 | €37,742 | +€5,224 | +16.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,518 | €32,742 | +€5,224 | +19.0% |
| Amounts payable | 17/49 | €108,755 | €184,364 | +€75,609 | +69.5% |
| Amounts payable after more than one year | 17 | €28,043 | €20,796 | -€7,247 | -25.8% |
| Financial debts | 170/4 | €27,510 | €20,796 | -€6,714 | -24.4% |
| Other amounts payable | 178/9 | €533 | - | -€533 | |
| Amounts payable within one year | 42/48 | €80,712 | €163,568 | +€82,856 | +102.7% |
| Current portion of amounts payable after more than one year | 42 | €6,305 | €6,714 | +€409 | +6.5% |
| Trade debts | 44 | €27,077 | €74,847 | +€47,770 | +176.4% |
| Suppliers | 440/4 | €27,077 | €74,847 | +€47,770 | +176.4% |
| Advances received on contracts in progress | 46 | - | €1,400 | +€1,400 | |
| Taxes, remuneration and social security | 45 | €47,330 | €80,607 | +€33,277 | +70.3% |
| Taxes | 450/3 | €42,242 | €71,986 | +€29,744 | +70.4% |
| Remuneration and social security | 454/9 | €5,088 | €8,621 | +€3,533 | +69.4% |
| Remuneration, social security and pensions | 62 | €36,274 | €95,151 | +€58,877 | +162.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,667 | €21,201 | +€12,534 | +144.6% |
| Other operating charges | 640/8 | €7,244 | €2,587 | -€4,658 | -64.3% |
| Non-recurring operating charges | 66A | €2,590 | - | -€2,590 | |
| Gross operating margin | 9900 | €99,556 | €131,279 | +€31,724 | +31.9% |
| Operating profit (loss) | 9901 | €44,781 | €12,341 | -€32,440 | -72.4% |
| Financial income | 75/76B | €6 | €1,636 | +€1,630 | +25952.4% |
| Recurring financial income | 75 | €6 | €1,636 | +€1,630 | +25952.4% |
| Financial charges | 65/66B | €6,470 | €3,635 | -€2,835 | -43.8% |
| Recurring financial charges | 65 | €6,470 | €3,635 | -€2,835 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €38,317 | €10,342 | -€27,975 | -73.0% |
| Income taxes | 67/77 | €10,799 | €5,118 | -€5,681 | -52.6% |
| Profit (loss) for the period | 9904 | €27,518 | €5,224 | -€22,294 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,518 | €5,224 | -€22,294 | -81.0% |
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 10 October 2026 via checked.be.