CINDY WRIGHT: 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.
CINDY WRIGHT
Largest movements
- Receivables within one year +€22,322
up €22,322 (+1271.1%), from €1,756 to €24,078
of which Other amounts receivable: +€22,322
- Tangible fixed assets -€8,633
down €8,633 (-3.5%), from €244,785 to €236,152
of which Land and buildings: -€8,377
- Reserves +€23,948
up €23,948 (+27.4%), from €87,296 to €111,244
- Debts after one year -€13,726
down €13,726 (-8.5%), from €160,765 to €147,038
- Other debts +€5,115
up €5,115 (+25.3%), from €20,179 to €25,294
- Gross operating margin +€29,401
up €29,401 (+51.6%), from €57,034 to €86,436
- Taxes +€10,062
up €10,062 (+74.3%), from €13,535 to €23,597
- Financial charges -€2,813
down €2,813 (-56.1%), from €5,015 to €2,203
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 | €303,939 | €319,564 | +€15,625 | +5.1% |
| Fixed assets | 21/28 | €244,785 | €236,152 | -€8,633 | -3.5% |
| Tangible fixed assets | 22/27 | €244,785 | €236,152 | -€8,633 | -3.5% |
| Land and buildings | 22 | €241,451 | €233,074 | -€8,377 | -3.5% |
| Plant, machinery and equipment | 23 | €3,334 | €3,078 | -€256 | -7.7% |
| Current assets | 29/58 | €59,154 | €83,412 | +€24,258 | +41.0% |
| Amounts receivable within one year | 40/41 | €1,756 | €24,078 | +€22,322 | +1271.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,756 | €24,078 | +€22,322 | +1271.1% |
| Cash at bank and in hand | 54/58 | €46,897 | €49,267 | +€2,370 | +5.1% |
| Deferred charges and accrued income | 490/1 | €10,500 | €10,067 | -€433 | -4.1% |
| Total equity and liabilities | 10/49 | €303,939 | €319,564 | +€15,625 | +5.1% |
| Equity | 10/15 | €105,896 | €129,844 | +€23,948 | +22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,296 | €111,244 | +€23,948 | +27.4% |
| Distributable reserves | 133 | €87,296 | €111,244 | +€23,948 | +27.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €198,043 | €189,720 | -€8,322 | -4.2% |
| Amounts payable after more than one year | 17 | €160,765 | €147,038 | -€13,726 | -8.5% |
| Financial debts | 170/4 | €160,765 | €147,038 | -€13,726 | -8.5% |
| Amounts payable within one year | 42/48 | €34,816 | €42,682 | +€7,866 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €13,557 | €13,726 | +€169 | +1.2% |
| Trade debts | 44 | €1,079 | €1,333 | +€253 | +23.5% |
| Suppliers | 440/4 | €1,079 | €1,333 | +€253 | +23.5% |
| Taxes, remuneration and social security | 45 | €0 | €2,329 | +€2,329 | |
| Taxes | 450/3 | €0 | €2,329 | +€2,329 | |
| Other amounts payable | 47/48 | €20,179 | €25,294 | +€5,115 | +25.3% |
| Accrued charges and deferred income | 492/3 | €2,463 | €0 | -€2,463 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,246 | €10,037 | +€792 | +8.6% |
| Other operating charges | 640/8 | €1,561 | €1,439 | -€122 | -7.8% |
| Gross operating margin | 9900 | €57,034 | €86,436 | +€29,401 | +51.6% |
| Operating profit (loss) | 9901 | €46,228 | €74,960 | +€28,732 | +62.2% |
| Financial income | 75/76B | €4 | €81 | +€78 | +2206.0% |
| Recurring financial income | 75 | €4 | €81 | +€78 | +2206.0% |
| Financial charges | 65/66B | €5,015 | €2,203 | -€2,813 | -56.1% |
| Recurring financial charges | 65 | €5,015 | €2,203 | -€2,813 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €41,216 | €72,838 | +€31,622 | +76.7% |
| Income taxes | 67/77 | €13,535 | €23,597 | +€10,062 | +74.3% |
| Profit (loss) for the period | 9904 | €27,681 | €49,241 | +€21,561 | +77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,681 | €49,241 | +€21,561 | +77.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.