CINDY-BB: what changed
Two fiscal 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.
CINDY-BB
Largest movements
- Receivables within one year +€17,842
up €17,842 (+23.8%), from €75,121 to €92,963
- Reserves +€14,500
up €14,500 (+3.2%), from €452,200 to €466,700
of which Distributable reserves: +€14,500
- Gross operating margin +€3,591
up €3,591 (+30.1%), from €11,924 to €15,515
- Taxes +€1,514
up €1,514 (+25.7%), from €5,883 to €7,397
- Depreciation -€838
down €838 (-66.7%), from €1,257 to €419
- Financial income +€571
up €571 (+5.1%), from €11,141 to €11,711
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 | €576,010 | €595,302 | +€19,292 | +3.3% |
| Fixed assets | 21/28 | €46,509 | €46,090 | -€419 | -0.9% |
| Tangible fixed assets | 22/27 | €46,485 | €46,066 | -€419 | -0.9% |
| Land and buildings | 22 | €46,485 | €46,066 | -€419 | -0.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €529,500 | €549,212 | +€19,711 | +3.7% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,121 | €92,963 | +€17,842 | +23.8% |
| Other amounts receivable | 41 | €75,121 | €92,963 | +€17,842 | +23.8% |
| Cash at bank and in hand | 54/58 | €273,541 | €274,181 | +€640 | +0.2% |
| Deferred charges and accrued income | 490/1 | €30,838 | €32,068 | +€1,229 | +4.0% |
| Total equity and liabilities | 10/49 | €576,010 | €595,302 | +€19,292 | +3.3% |
| Equity | 10/15 | €567,664 | €582,673 | +€15,009 | +2.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €452,200 | €466,700 | +€14,500 | +3.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €446,000 | €460,500 | +€14,500 | +3.3% |
| Profit (loss) carried forward | 14 | €53,464 | €53,973 | +€509 | +1.0% |
| Amounts payable | 17/49 | €8,346 | €12,629 | +€4,283 | +51.3% |
| Amounts payable within one year | 42/48 | €8,346 | €12,629 | +€4,283 | +51.3% |
| Trade debts | 44 | €635 | €326 | -€310 | -48.8% |
| Suppliers | 440/4 | €635 | €326 | -€310 | -48.8% |
| Taxes, remuneration and social security | 45 | €7,710 | €12,303 | +€4,593 | +59.6% |
| Taxes | 450/3 | €7,710 | €12,303 | +€4,593 | +59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,257 | €419 | -€838 | -66.7% |
| Other operating charges | 640/8 | €4,203 | €4,318 | +€116 | +2.7% |
| Gross operating margin | 9900 | €11,924 | €15,515 | +€3,591 | +30.1% |
| Operating profit (loss) | 9901 | €6,464 | €10,777 | +€4,313 | +66.7% |
| Financial income | 75/76B | €11,141 | €11,711 | +€571 | +5.1% |
| Recurring financial income | 75 | €11,141 | €11,711 | +€571 | +5.1% |
| Financial charges | 65/66B | €76 | €83 | +€7 | +8.6% |
| Recurring financial charges | 65 | €76 | €83 | +€7 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €17,529 | €22,406 | +€4,878 | +27.8% |
| Income taxes | 67/77 | €5,883 | €7,397 | +€1,514 | +25.7% |
| Profit (loss) for the period | 9904 | €11,646 | €15,009 | +€3,364 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,646 | €15,009 | +€3,364 | +28.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.