CINE PHIL: 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.
CINE PHIL
Largest movements
- Receivables within one year +€65,073
up €65,073 (+48.0%), from €135,679 to €200,752
of which Trade receivables: +€65,582
- Cash +€30,821
up €30,821 (+343.9%), from €8,962 to €39,783
mainly Net result for the year (+€51,805) and Tax, wage and social debts (+€47,028)
- Tangible fixed assets -€19,356
down €19,356 (-44.1%), from €43,880 to €24,524
of which Other tangible fixed assets: -€13,866
- Stocks and contracts +€12,250
up €12,250 (+3.1%), from €389,015 to €401,265
- Profit (loss) carried forward +€51,805
up €51,805 (+53.1%), from -€97,620 to -€45,815
- Tax, wage and social debts +€47,028
up €47,028 (+248.0%), from €18,965 to €65,993
of which Remuneration and social security: +€39,795
- Trade debts +€27,133
up €27,133 (+16.9%), from €160,645 to €187,778
- Other debts -€26,501
down €26,501 (-12.9%), from €205,185 to €178,684
- Debts after one year -€7,424
down €7,424 (-12.9%), from €57,712 to €50,288
- Turnover -€927,391
no longer reported in 2025 (was €927,391)
- Purchases and services -€722,902
no longer reported in 2025 (was €722,902)
- Staff costs -€67,045
down €67,045 (-25.6%), from €261,970 to €194,925
- Write-downs +€30,000
no longer reported in 2025 (was -€30,000)
- Gross operating margin +€29,587
up €29,587 (+12.1%), from €243,684 to €273,271
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 | €581,477 | €672,122 | +€90,645 | +15.6% |
| Fixed assets | 21/28 | €43,930 | €24,574 | -€19,356 | -44.1% |
| Tangible fixed assets | 22/27 | €43,880 | €24,524 | -€19,356 | -44.1% |
| Plant, machinery and equipment | 23 | €768 | €89 | -€679 | -88.4% |
| Furniture and vehicles | 24 | €4,811 | - | -€4,811 | |
| Other tangible fixed assets | 26 | €38,301 | €24,435 | -€13,866 | -36.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €537,547 | €647,548 | +€110,001 | +20.5% |
| Stocks and contracts in progress | 3 | €389,015 | €401,265 | +€12,250 | +3.1% |
| Stocks | 30/36 | €389,015 | €401,265 | +€12,250 | +3.1% |
| Amounts receivable within one year | 40/41 | €135,679 | €200,752 | +€65,073 | +48.0% |
| Trade receivables | 40 | €44,340 | €109,922 | +€65,582 | +147.9% |
| Other amounts receivable | 41 | €91,339 | €90,830 | -€509 | -0.6% |
| Current investments | 50/53 | €496 | €496 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €8,962 | €39,783 | +€30,821 | +343.9% |
| Deferred charges and accrued income | 490/1 | €3,395 | €5,253 | +€1,858 | +54.7% |
| Total equity and liabilities | 10/49 | €581,477 | €672,122 | +€90,645 | +15.6% |
| Equity | 10/15 | €45,470 | €97,275 | +€51,805 | +113.9% |
| Contributions | 10/11 | €129,800 | €129,800 | = | 0.0% |
| Reserves | 13 | €13,290 | €13,290 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,290 | €13,290 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,290 | €13,290 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,620 | -€45,815 | +€51,805 | +53.1% |
| Amounts payable | 17/49 | €536,007 | €574,847 | +€38,840 | +7.2% |
| Amounts payable after more than one year | 17 | €57,712 | €50,288 | -€7,424 | -12.9% |
| Financial debts | 170/4 | €57,712 | €50,288 | -€7,424 | -12.9% |
| Amounts payable within one year | 42/48 | €478,295 | €524,559 | +€46,264 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €2,564 | €1,167 | -€1,397 | -54.5% |
| Financial debts | 43 | €27,647 | €27,647 | +€0 | 0.0% |
| Credit institutions | 430/8 | €27,647 | €27,647 | +€0 | 0.0% |
| Trade debts | 44 | €160,645 | €187,778 | +€27,133 | +16.9% |
| Suppliers | 440/4 | €160,645 | €187,778 | +€27,133 | +16.9% |
| Advances received on contracts in progress | 46 | €63,289 | €63,289 | +€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €18,965 | €65,993 | +€47,028 | +248.0% |
| Taxes | 450/3 | €3,750 | €10,983 | +€7,233 | +192.9% |
| Remuneration and social security | 454/9 | €15,215 | €55,010 | +€39,795 | +261.6% |
| Other amounts payable | 47/48 | €205,185 | €178,684 | -€26,501 | -12.9% |
| Turnover | 70 | €927,391 | - | -€927,391 | |
| Goods, raw materials, services and sundry goods | 60/61 | €722,902 | - | -€722,902 | |
| Remuneration, social security and pensions | 62 | €261,970 | €194,925 | -€67,045 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,483 | €20,259 | +€15,776 | +351.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€30,000 | - | +€30,000 | |
| Other operating charges | 640/8 | €2,363 | €1,810 | -€553 | -23.4% |
| Gross operating margin | 9900 | €243,684 | €273,271 | +€29,587 | +12.1% |
| Operating profit (loss) | 9901 | €4,868 | €56,277 | +€51,409 | +1056.1% |
| Financial income | 75/76B | €2,411 | - | -€2,411 | |
| Recurring financial income | 75 | €2,411 | - | -€2,411 | |
| Financial charges | 65/66B | €5,997 | €4,107 | -€1,890 | -31.5% |
| Recurring financial charges | 65 | €5,997 | €4,107 | -€1,890 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €1,282 | €52,170 | +€50,888 | +3969.4% |
| Income taxes | 67/77 | €40 | €365 | +€325 | +811.7% |
| Profit (loss) for the period | 9904 | €1,242 | €51,805 | +€50,563 | +4071.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,242 | €51,805 | +€50,563 | +4071.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.