CINDERELLA: 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.
CINDERELLA
Largest movements
- Cash -€11,901
down €11,901 (-87.5%), from €13,598 to €1,697
mainly Debts after one year (-€9,908) and Net result for the year (-€7,272)
- Tangible fixed assets -€11,749
down €11,749 (-16.6%), from €70,961 to €59,212
of which Furniture and vehicles: -€8,915
- Stocks and contracts -€4,131
down €4,131 (-6.7%), from €61,746 to €57,615
- Receivables within one year -€2,100
down €2,100 (-100%), from €2,100 to €0
- Debts after one year -€9,908
down €9,908 (-46.3%), from €21,404 to €11,496
- Reserves -€7,272
down €7,272 (-15.3%), from €47,527 to €40,255
of which Non-distributable reserves: -€3,800
- Other debts -€6,793
down €6,793 (-42.6%), from €15,965 to €9,172
- Trade debts -€4,733
down €4,733 (-83.8%), from €5,649 to €915
- Short-term financial debts -€3,304
no longer reported in 2025 (was €3,304)
- Turnover +€133,498
new in 2025: €133,498
- Purchases and services +€124,765
new in 2025: €124,765
- Gross operating margin -€27,182
down €27,182 (-68.9%), from €39,462 to €12,280
- Taxes -€4,547
down €4,547 (-97.2%), from €4,679 to €132
- Depreciation -€1,374
down €1,374 (-10.5%), from €13,123 to €11,749
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.
Derived cash bridge
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 | €149,092 | €118,812 | -€30,281 | -20.3% |
| Fixed assets | 21/28 | €70,961 | €59,212 | -€11,749 | -16.6% |
| Tangible fixed assets | 22/27 | €70,961 | €59,212 | -€11,749 | -16.6% |
| Land and buildings | 22 | €37,184 | €37,184 | = | 0.0% |
| Plant, machinery and equipment | 23 | €12,226 | €9,391 | -€2,835 | -23.2% |
| Furniture and vehicles | 24 | €21,551 | €12,637 | -€8,915 | -41.4% |
| Current assets | 29/58 | €78,131 | €59,600 | -€18,532 | -23.7% |
| Stocks and contracts in progress | 3 | €61,746 | €57,615 | -€4,131 | -6.7% |
| Stocks | 30/36 | €61,746 | €57,615 | -€4,131 | -6.7% |
| Amounts receivable within one year | 40/41 | €2,100 | €0 | -€2,100 | -100% |
| Trade receivables | 40 | €2,100 | €0 | -€2,100 | -100% |
| Cash at bank and in hand | 54/58 | €13,598 | €1,697 | -€11,901 | -87.5% |
| Deferred charges and accrued income | 490/1 | €688 | €288 | -€400 | -58.2% |
| Total equity and liabilities | 10/49 | €149,092 | €118,812 | -€30,281 | -20.3% |
| Equity | 10/15 | €85,527 | €78,255 | -€7,272 | -8.5% |
| Contributions | 10/11 | €38,000 | €38,000 | = | 0.0% |
| Reserves | 13 | €47,527 | €40,255 | -€7,272 | -15.3% |
| Non-distributable reserves | 130/1 | €3,800 | €0 | -€3,800 | -100% |
| Reserves not available under the articles | 1311 | €3,800 | €0 | -€3,800 | -100% |
| Distributable reserves | 133 | €43,727 | €40,255 | -€3,472 | -7.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €63,565 | €40,557 | -€23,009 | -36.2% |
| Amounts payable after more than one year | 17 | €21,404 | €11,496 | -€9,908 | -46.3% |
| Financial debts | 170/4 | €21,404 | €11,496 | -€9,908 | -46.3% |
| Amounts payable within one year | 42/48 | €42,162 | €29,061 | -€13,100 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €10,288 | €9,908 | -€380 | -3.7% |
| Financial debts | 43 | €3,304 | - | -€3,304 | |
| Credit institutions | 430/8 | €3,304 | - | -€3,304 | |
| Trade debts | 44 | €5,649 | €915 | -€4,733 | -83.8% |
| Suppliers | 440/4 | €5,649 | €915 | -€4,733 | -83.8% |
| Taxes, remuneration and social security | 45 | €6,956 | €9,065 | +€2,110 | +30.3% |
| Taxes | 450/3 | €6,956 | €9,065 | +€2,110 | +30.3% |
| Other amounts payable | 47/48 | €15,965 | €9,172 | -€6,793 | -42.6% |
| Turnover | 70 | - | €133,498 | +€133,498 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €124,765 | +€124,765 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,123 | €11,749 | -€1,374 | -10.5% |
| Other operating charges | 640/8 | €3,958 | €4,372 | +€414 | +10.5% |
| Gross operating margin | 9900 | €39,462 | €12,280 | -€27,182 | -68.9% |
| Operating profit (loss) | 9901 | €22,381 | -€3,842 | -€26,222 | |
| Financial income | 75/76B | €174 | €93 | -€81 | -46.6% |
| Recurring financial income | 75 | €174 | €93 | -€81 | -46.6% |
| Financial charges | 65/66B | €2,741 | €3,391 | +€650 | +23.7% |
| Recurring financial charges | 65 | €2,741 | €3,391 | +€650 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €19,813 | -€7,140 | -€26,953 | |
| Income taxes | 67/77 | €4,679 | €132 | -€4,547 | -97.2% |
| Profit (loss) for the period | 9904 | €15,134 | -€7,272 | -€22,406 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,134 | -€7,272 | -€22,406 |
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 13 October 2026 via checked.be.