CINECITE: 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.
CINECITE
Largest movements
- Cash +€32,982
up €32,982 (+51.0%), from €64,700 to €97,681
mainly Net result for the year (+€49,539) and Tax, wage and social debts (+€16,411)
- Receivables within one year +€20,961
up €20,961 (+138%), from €15,137 to €36,098
of which Trade receivables: +€21,214
- Intangible fixed assets -€2,641
down €2,641 (-23.8%), from €11,112 to €8,470
- Profit (loss) carried forward +€49,539
up €49,539 (+133%), from €37,356 to €86,895
- Tax, wage and social debts +€16,411
up €16,411 (+128%), from €12,826 to €29,237
of which Taxes: +€9,434
- Trade debts -€13,863
down €13,863 (-51.1%), from €27,122 to €13,260
- Gross operating margin +€36,449
up €36,449 (+13.4%), from €272,249 to €308,698
- Other operating charges +€23,557
up €23,557 (+22.8%), from €103,252 to €126,809
- Taxes +€9,248
new in 2025: €9,248
- Staff costs -€5,222
down €5,222 (-4.3%), from €121,174 to €115,952
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 | €105,973 | €157,616 | +€51,643 | +48.7% |
| Fixed assets | 21/28 | €25,691 | €21,837 | -€3,854 | -15.0% |
| Intangible fixed assets | 21 | €11,112 | €8,470 | -€2,641 | -23.8% |
| Tangible fixed assets | 22/27 | €9,343 | €8,129 | -€1,213 | -13.0% |
| Furniture and vehicles | 24 | €5,407 | €5,178 | -€229 | -4.2% |
| Other tangible fixed assets | 26 | €3,936 | €2,952 | -€984 | -25.0% |
| Financial fixed assets | 28 | €5,237 | €5,237 | = | 0.0% |
| Current assets | 29/58 | €80,281 | €135,779 | +€55,498 | +69.1% |
| Amounts receivable within one year | 40/41 | €15,137 | €36,098 | +€20,961 | +138% |
| Trade receivables | 40 | €14,884 | €36,098 | +€21,214 | +143% |
| Other amounts receivable | 41 | €252 | - | -€252 | |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,700 | €97,681 | +€32,982 | +51.0% |
| Deferred charges and accrued income | 490/1 | €195 | €1,750 | +€1,555 | +797% |
| Total equity and liabilities | 10/49 | €105,973 | €157,616 | +€51,643 | +48.7% |
| Equity | 10/15 | €62,246 | €111,035 | +€48,789 | +78.4% |
| Contributions | 10/11 | €22,693 | €22,693 | = | 0.0% |
| Contributions outside capital | 11 | €22,693 | €22,693 | = | 0.0% |
| Other | 1109/19 | €22,693 | €22,693 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,356 | €86,895 | +€49,539 | +133% |
| Investment grants | 15 | €2,197 | €1,447 | -€750 | -34.1% |
| Amounts payable | 17/49 | €43,727 | €46,581 | +€2,854 | +6.5% |
| Amounts payable within one year | 42/48 | €43,727 | €46,581 | +€2,854 | +6.5% |
| Trade debts | 44 | €27,122 | €13,260 | -€13,863 | -51.1% |
| Suppliers | 440/4 | €27,122 | €13,260 | -€13,863 | -51.1% |
| Taxes, remuneration and social security | 45 | €12,826 | €29,237 | +€16,411 | +128% |
| Taxes | 450/3 | €2,535 | €11,969 | +€9,434 | +372% |
| Remuneration and social security | 454/9 | €10,291 | €17,268 | +€6,977 | +67.8% |
| Other amounts payable | 47/48 | €3,779 | €4,084 | +€306 | +8.1% |
| Remuneration, social security and pensions | 62 | €121,174 | €115,952 | -€5,222 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,436 | €6,912 | +€1,476 | +27.2% |
| Other operating charges | 640/8 | €103,252 | €126,809 | +€23,557 | +22.8% |
| Gross operating margin | 9900 | €272,249 | €308,698 | +€36,449 | +13.4% |
| Operating profit (loss) | 9901 | €42,388 | €59,026 | +€16,638 | +39.3% |
| Financial income | 75/76B | €2 | €209 | +€208 | +13,481% |
| Recurring financial income | 75 | €2 | €10 | +€9 | +574% |
| Non-recurring financial income | 76B | - | €199 | +€199 | |
| Financial charges | 65/66B | €382 | €447 | +€65 | +17.1% |
| Recurring financial charges | 65 | €382 | €447 | +€65 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €42,007 | €58,788 | +€16,780 | +39.9% |
| Income taxes | 67/77 | - | €9,248 | +€9,248 | |
| Profit (loss) for the period | 9904 | €42,007 | €49,539 | +€7,532 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,007 | €49,539 | +€7,532 | +17.9% |
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 23 October 2026 via checked.be.