CINEB's Consulting: 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.
CINEB's Consulting
Largest movements
- Receivables within one year +€32,619
up €32,619 (+296%), from €11,009 to €43,628
of which Trade receivables: +€28,250
- Cash -€17,561
down €17,561 (-19.5%), from €89,827 to €72,266
mainly Other debts (-€54,660) and Receivables within one year (-€32,619)
- Tangible fixed assets -€13,231
down €13,231 (-28.9%), from €45,844 to €32,614
of which Leasing and similar rights: -€12,393
- Deferred charges and accrued income +€5,051
up €5,051 (+125%), from €4,045 to €9,096
- Profit (loss) carried forward +€84,230
new in 2025: €84,230
- Other debts -€54,660
down €54,660 (-71.1%), from €76,914 to €22,254
- Tax, wage and social debts -€14,164
no longer reported in 2025 (was €14,164)
- Debts after one year -€9,041
down €9,041 (-31.8%), from €28,446 to €19,405
- Gross operating margin +€23,415
up €23,415 (+21.6%), from €108,452 to €131,867
- Taxes +€6,168
up €6,168 (+26.0%), from €23,686 to €29,854
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 | €150,755 | €157,634 | +€6,879 | +4.6% |
| Fixed assets | 21/28 | €45,874 | €32,644 | -€13,231 | -28.8% |
| Tangible fixed assets | 22/27 | €45,844 | €32,614 | -€13,231 | -28.9% |
| Plant, machinery and equipment | 23 | €819 | €450 | -€369 | -45.1% |
| Furniture and vehicles | 24 | €1,735 | €1,267 | -€469 | -27.0% |
| Leasing and similar rights | 25 | €43,290 | €30,897 | -€12,393 | -28.6% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €104,881 | €124,991 | +€20,110 | +19.2% |
| Amounts receivable within one year | 40/41 | €11,009 | €43,628 | +€32,619 | +296% |
| Trade receivables | 40 | €9,683 | €37,934 | +€28,250 | +292% |
| Other amounts receivable | 41 | €1,325 | €5,694 | +€4,369 | +330% |
| Cash at bank and in hand | 54/58 | €89,827 | €72,266 | -€17,561 | -19.5% |
| Deferred charges and accrued income | 490/1 | €4,045 | €9,096 | +€5,051 | +125% |
| Total equity and liabilities | 10/49 | €150,755 | €157,634 | +€6,879 | +4.6% |
| Equity | 10/15 | €20,460 | €104,690 | +€84,230 | +412% |
| Contributions | 10/11 | €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 | - | €84,230 | +€84,230 | |
| Amounts payable | 17/49 | €130,295 | €52,944 | -€77,351 | -59.4% |
| Amounts payable after more than one year | 17 | €28,446 | €19,405 | -€9,041 | -31.8% |
| Financial debts | 170/4 | €28,446 | €19,405 | -€9,041 | -31.8% |
| Amounts payable within one year | 42/48 | €101,849 | €33,539 | -€68,310 | -67.1% |
| Current portion of amounts payable after more than one year | 42 | €8,814 | €9,041 | +€227 | +2.6% |
| Trade debts | 44 | €1,957 | €2,244 | +€288 | +14.7% |
| Suppliers | 440/4 | €1,957 | €2,244 | +€288 | +14.7% |
| Taxes, remuneration and social security | 45 | €14,164 | - | -€14,164 | |
| Taxes | 450/3 | €14,164 | - | -€14,164 | |
| Other amounts payable | 47/48 | €76,914 | €22,254 | -€54,660 | -71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,114 | €14,155 | +€41 | +0.3% |
| Other operating charges | 640/8 | €2,735 | €2,762 | +€27 | +1.0% |
| Gross operating margin | 9900 | €108,452 | €131,867 | +€23,415 | +21.6% |
| Operating profit (loss) | 9901 | €91,603 | €114,950 | +€23,347 | +25.5% |
| Financial income | 75/76B | €38 | €38 | +€1 | +2.1% |
| Recurring financial income | 75 | €38 | €38 | +€1 | +2.1% |
| Financial charges | 65/66B | €1,122 | €905 | -€218 | -19.4% |
| Recurring financial charges | 65 | €1,122 | €905 | -€218 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €90,519 | €114,084 | +€23,565 | +26.0% |
| Income taxes | 67/77 | €23,686 | €29,854 | +€6,168 | +26.0% |
| Profit (loss) for the period | 9904 | €66,833 | €84,230 | +€17,397 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,833 | €84,230 | +€17,397 | +26.0% |
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 31 October 2026 via checked.be.