CINE BOX: 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.
CINE BOX
Largest movements
- Receivables within one year -€164,217
down €164,217 (-30.1%), from €545,183 to €380,966
- Cash -€9,028
down €9,028 (-6.9%), from €131,104 to €122,076
mainly Trade debts (-€121,753) and Tax, wage and social debts (-€37,031)
- Trade debts -€121,753
down €121,753 (-24.7%), from €492,121 to €370,368
of which Suppliers: -€99,999
- Tax, wage and social debts -€37,031
down €37,031 (-54.8%), from €67,604 to €30,573
- Debts after one year -€24,236
down €24,236 (-29.4%), from €82,421 to €58,185
- Purchases and services +€66,770
up €66,770 (+8.1%), from €823,947 to €890,718
- Gross operating margin -€54,572
down €54,572 (-20.0%), from €272,525 to €217,953
- Financial charges -€45,943
down €45,943 (-91.9%), from €49,976 to €4,033
- Other operating charges -€12,747
down €12,747 (-14.5%), from €87,893 to €75,146
- Turnover +€12,198
up €12,198 (+1.1%), from €1.1m to €1.1m
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 | €721,224 | €548,084 | -€173,140 | -24.0% |
| Fixed assets | 21/28 | €12,905 | €13,009 | +€104 | +0.8% |
| Tangible fixed assets | 22/27 | €12,695 | €12,799 | +€103 | +0.8% |
| Furniture and vehicles | 24 | €12,695 | €12,799 | +€103 | +0.8% |
| Financial fixed assets | 28 | €210 | €211 | +€1 | +0.3% |
| Current assets | 29/58 | €708,319 | €535,075 | -€173,244 | -24.5% |
| Amounts receivable after more than one year | 29 | €250 | €250 | = | 0.0% |
| Trade receivables | 290 | €250 | €250 | = | 0.0% |
| Stocks and contracts in progress | 3 | €31,782 | €31,782 | = | 0.0% |
| Stocks | 30/36 | €31,782 | €31,782 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €545,183 | €380,966 | -€164,217 | -30.1% |
| Trade receivables | 40 | €545,183 | €380,966 | -€164,217 | -30.1% |
| Cash at bank and in hand | 54/58 | €131,104 | €122,076 | -€9,028 | -6.9% |
| Total equity and liabilities | 10/49 | €721,224 | €548,084 | -€173,140 | -24.0% |
| Equity | 10/15 | €42,638 | €46,945 | +€4,307 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,178 | €26,485 | +€4,307 | +19.4% |
| Amounts payable | 17/49 | €678,586 | €501,139 | -€177,447 | -26.1% |
| Amounts payable after more than one year | 17 | €82,421 | €58,185 | -€24,236 | -29.4% |
| Financial debts | 170/4 | €82,421 | €58,185 | -€24,236 | -29.4% |
| Amounts payable within one year | 42/48 | €596,165 | €442,953 | -€153,211 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €18,641 | €24,214 | +€5,573 | +29.9% |
| Trade debts | 44 | €492,121 | €370,368 | -€121,753 | -24.7% |
| Suppliers | 440/4 | €337,867 | €237,868 | -€99,999 | -29.6% |
| Bills of exchange payable | 441 | €154,255 | €132,500 | -€21,755 | -14.1% |
| Taxes, remuneration and social security | 45 | €67,604 | €30,573 | -€37,031 | -54.8% |
| Taxes | 450/3 | €67,604 | €30,573 | -€37,031 | -54.8% |
| Other amounts payable | 47/48 | €17,798 | €17,798 | = | 0.0% |
| Turnover | 70 | €1,096,473 | €1,108,671 | +€12,198 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €823,947 | €890,718 | +€66,770 | +8.1% |
| Remuneration, social security and pensions | 62 | €121,633 | €125,849 | +€4,216 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,438 | €4,955 | -€482 | -8.9% |
| Other operating charges | 640/8 | €87,893 | €75,146 | -€12,747 | -14.5% |
| Gross operating margin | 9900 | €272,525 | €217,953 | -€54,572 | -20.0% |
| Operating profit (loss) | 9901 | €57,561 | €12,003 | -€45,558 | -79.1% |
| Financial income | 75/76B | €21 | €10 | -€11 | -50.9% |
| Recurring financial income | 75 | €21 | €10 | -€11 | -50.9% |
| Financial charges | 65/66B | €49,976 | €4,033 | -€45,943 | -91.9% |
| Recurring financial charges | 65 | €49,976 | €4,033 | -€45,943 | -91.9% |
| Profit (loss) for the period before taxes | 9903 | €7,606 | €7,980 | +€374 | +4.9% |
| Income taxes | 67/77 | €1,446 | €3,673 | +€2,227 | +154% |
| Profit (loss) for the period | 9904 | €6,160 | €4,307 | -€1,854 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,160 | €4,307 | -€1,854 | -30.1% |
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 20 October 2026 via checked.be.