CINDY MATOS: 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 MATOS
Largest movements
- Cash +€10,151
up €10,151 (+2670.3%), from €380 to €10,531
mainly Net result for the year (+€20,292) and Other debts (+€10,000)
- Receivables within one year +€7,686
up €7,686 (+89.0%), from €8,633 to €16,319
of which Other amounts receivable: +€7,636
- Tangible fixed assets +€2,957
new in 2024: €2,957
- Deferred charges and accrued income -€845
down €845 (-23.5%), from €3,595 to €2,750
- Profit (loss) carried forward +€10,292
up €10,292 (+194.3%), from €5,298 to €15,590
- Other debts +€10,000
new in 2024: €10,000
- Trade debts -€1,637
no longer reported in 2024 (was €1,637)
- Tax, wage and social debts +€1,294
up €1,294 (+38.2%), from €3,389 to €4,683
- Gross operating margin +€22,190
up €22,190 (+569.9%), from €3,894 to €26,084
- Taxes +€2,657
up €2,657 (+131.1%), from €2,026 to €4,683
- Depreciation +€643
new in 2024: €643
- Financial income +€463
up €463 (+159.2%), from €291 to €753
- Other operating charges +€430
up €430 (+74.6%), from €576 to €1,007
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,608 | €32,557 | +€19,949 | +158.2% |
| Fixed assets | 21/28 | - | €2,957 | +€2,957 | |
| Tangible fixed assets | 22/27 | - | €2,957 | +€2,957 | |
| Other tangible fixed assets | 26 | - | €2,957 | +€2,957 | |
| Current assets | 29/58 | €12,608 | €29,600 | +€16,991 | +134.8% |
| Amounts receivable within one year | 40/41 | €8,633 | €16,319 | +€7,686 | +89.0% |
| Trade receivables | 40 | - | €49 | +€49 | |
| Other amounts receivable | 41 | €8,633 | €16,270 | +€7,636 | +88.5% |
| Cash at bank and in hand | 54/58 | €380 | €10,531 | +€10,151 | +2670.3% |
| Deferred charges and accrued income | 490/1 | €3,595 | €2,750 | -€845 | -23.5% |
| Total equity and liabilities | 10/49 | €12,608 | €32,557 | +€19,949 | +158.2% |
| Equity | 10/15 | €7,298 | €17,590 | +€10,292 | +141.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,298 | €15,590 | +€10,292 | +194.3% |
| Amounts payable | 17/49 | €5,311 | €14,967 | +€9,657 | +181.8% |
| Amounts payable within one year | 42/48 | €5,027 | €14,683 | +€9,657 | +192.1% |
| Trade debts | 44 | €1,637 | - | -€1,637 | |
| Suppliers | 440/4 | €1,637 | - | -€1,637 | |
| Taxes, remuneration and social security | 45 | €3,389 | €4,683 | +€1,294 | +38.2% |
| Taxes | 450/3 | €3,389 | €4,683 | +€1,294 | +38.2% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | €284 | €284 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €643 | +€643 | |
| Other operating charges | 640/8 | €576 | €1,007 | +€430 | +74.6% |
| Non-recurring operating charges | 66A | €1,100 | - | -€1,100 | |
| Gross operating margin | 9900 | €3,894 | €26,084 | +€22,190 | +569.9% |
| Operating profit (loss) | 9901 | €2,217 | €24,434 | +€22,217 | +1001.9% |
| Financial income | 75/76B | €291 | €753 | +€463 | +159.2% |
| Recurring financial income | 75 | €291 | €753 | +€463 | +159.2% |
| Financial charges | 65/66B | €63 | €212 | +€148 | +234.0% |
| Recurring financial charges | 65 | €63 | €212 | +€148 | +234.0% |
| Profit (loss) for the period before taxes | 9903 | €2,445 | €24,975 | +€22,531 | +921.7% |
| Income taxes | 67/77 | €2,026 | €4,683 | +€2,657 | +131.1% |
| Profit (loss) for the period | 9904 | €418 | €20,292 | +€19,874 | +4749.7% |
| Profit (loss) for the period to be appropriated | 9905 | €418 | €20,292 | +€19,874 | +4749.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.