Cincom Systems International: 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.
Cincom Systems International
Largest movements
- Receivables within one year +€3.3m
up €3.3m (+124%), from €2.7m to €6.0m
of which Other amounts receivable: +€3.0m
- Accrued charges and deferred income +€2.3m
up €2.3m (+358%), from €642,821 to €2.9m
- Profit (loss) carried forward +€913,280
up €913,280 (+83.0%), from €1.1m to €2.0m
- Tax, wage and social debts +€115,364
up €115,364 (+42.4%), from €272,024 to €387,388
of which Taxes: +€109,710
- Turnover +€1.7m
up €1.7m (+99.3%), from €1.7m to €3.3m
- Purchases and services +€1.0m
up €1.0m (+95.2%), from €1.1m to €2.1m
- Gross operating margin +€659,198
up €659,198 (+106%), from €621,043 to €1.3m
- Financial income +€286,552
up €286,552 (+9,355%), from €3,063 to €289,615
- Taxes +€193,954
up €193,954 (+150%), from €129,305 to €323,259
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,881,578 | €6,181,523 | +€3.3m | +115% |
| Fixed assets | 21/28 | €63,802 | €62,399 | -€1,403 | -2.2% |
| Tangible fixed assets | 22/27 | €3,291 | €1,888 | -€1,403 | -42.6% |
| Furniture and vehicles | 24 | €3,291 | €1,888 | -€1,403 | -42.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €60,511 | €60,511 | = | 0.0% |
| Current assets | 29/58 | €2,817,776 | €6,119,124 | +€3.3m | +117% |
| Amounts receivable within one year | 40/41 | €2,692,848 | €6,032,816 | +€3.3m | +124% |
| Trade receivables | 40 | €238,000 | €549,525 | +€311,525 | +131% |
| Other amounts receivable | 41 | €2,454,848 | €5,483,291 | +€3.0m | +123% |
| Cash at bank and in hand | 54/58 | €113,366 | €76,450 | -€36,916 | -32.6% |
| Deferred charges and accrued income | 490/1 | €11,562 | €9,858 | -€1,704 | -14.7% |
| Total equity and liabilities | 10/49 | €2,881,578 | €6,181,523 | +€3.3m | +115% |
| Equity | 10/15 | €1,214,201 | €2,127,481 | +€913,280 | +75.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €43,456 | €43,456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €36,456 | €36,456 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,100,745 | €2,014,025 | +€913,280 | +83.0% |
| Amounts payable | 17/49 | €1,667,377 | €4,054,042 | +€2.4m | +143% |
| Amounts payable within one year | 42/48 | €1,024,556 | €1,111,740 | +€87,184 | +8.5% |
| Trade debts | 44 | €752,532 | €724,352 | -€28,180 | -3.7% |
| Suppliers | 440/4 | €752,532 | €724,352 | -€28,180 | -3.7% |
| Taxes, remuneration and social security | 45 | €272,024 | €387,388 | +€115,364 | +42.4% |
| Taxes | 450/3 | €220,736 | €330,446 | +€109,710 | +49.7% |
| Remuneration and social security | 454/9 | €51,288 | €56,942 | +€5,654 | +11.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €642,821 | €2,942,302 | +€2.3m | +358% |
| Turnover | 70 | €1,675,870 | €3,339,691 | +€1.7m | +99.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,054,828 | €2,059,450 | +€1.0m | +95.2% |
| Remuneration, social security and pensions | 62 | €144,004 | €290,722 | +€146,718 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,325 | €1,403 | +€78 | +5.9% |
| Other operating charges | 640/8 | €677 | €7,377 | +€6,700 | +990% |
| Gross operating margin | 9900 | €621,043 | €1,280,241 | +€659,198 | +106% |
| Operating profit (loss) | 9901 | €475,037 | €980,739 | +€505,702 | +106% |
| Financial income | 75/76B | €3,063 | €289,615 | +€286,552 | +9,355% |
| Recurring financial income | 75 | €3,063 | €289,615 | +€286,552 | +9,355% |
| Financial charges | 65/66B | €1,272 | €33,815 | +€32,543 | +2,558% |
| Recurring financial charges | 65 | €1,272 | €33,815 | +€32,543 | +2,558% |
| Profit (loss) for the period before taxes | 9903 | €476,828 | €1,236,539 | +€759,711 | +159% |
| Income taxes | 67/77 | €129,305 | €323,259 | +€193,954 | +150% |
| Profit (loss) for the period | 9904 | €347,523 | €913,280 | +€565,757 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €347,523 | €913,280 | +€565,757 | +163% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.