CINESCOPE: 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.
CINESCOPE
Largest movements
- Cash -€367,067
down €367,067 (-42.2%), from €870,674 to €503,607
mainly Net result for the year (-€753,355) and Investment in fixed assets (net) (-€353,690)
- Deferred charges and accrued income -€219,951
down €219,951 (-95.5%), from €230,399 to €10,448
- Tangible fixed assets +€98,757
up €98,757 (+12.9%), from €763,890 to €862,647
of which Plant, machinery and equipment: +€106,240
- Receivables within one year +€43,361
up €43,361 (+16.1%), from €268,630 to €311,991
of which Other amounts receivable: +€36,305
- Profit (loss) carried forward -€753,355
down €753,355 (-56.1%), from -€1.3m to -€2.1m
- Other debts +€506,386
up €506,386 (+20.9%), from €2.4m to €2.9m
- Trade debts -€181,710
down €181,710 (-17.6%), from €1.0m to €848,356
of which Suppliers: -€181,853
- Gross operating margin -€895,057
down €895,057 (-68.6%), from €1.3m to €409,929
- Staff costs -€107,892
down €107,892 (-14.8%), from €730,813 to €622,921
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 | €2,298,015 | €1,855,096 | -€442,920 | -19.3% |
| Fixed assets | 21/28 | €892,526 | €1,005,940 | +€113,414 | +12.7% |
| Intangible fixed assets | 21 | €128,636 | €143,293 | +€14,657 | +11.4% |
| Tangible fixed assets | 22/27 | €763,890 | €862,647 | +€98,757 | +12.9% |
| Plant, machinery and equipment | 23 | €704,802 | €811,042 | +€106,240 | +15.1% |
| Furniture and vehicles | 24 | €13,017 | €13,303 | +€286 | +2.2% |
| Other tangible fixed assets | 26 | €46,071 | €38,302 | -€7,770 | -16.9% |
| Current assets | 29/58 | €1,405,490 | €849,156 | -€556,334 | -39.6% |
| Stocks and contracts in progress | 3 | €35,787 | €23,110 | -€12,678 | -35.4% |
| Stocks | 30/36 | €35,787 | €23,110 | -€12,678 | -35.4% |
| Amounts receivable within one year | 40/41 | €268,630 | €311,991 | +€43,361 | +16.1% |
| Trade receivables | 40 | €249,439 | €256,496 | +€7,056 | +2.8% |
| Other amounts receivable | 41 | €19,190 | €55,495 | +€36,305 | +189.2% |
| Cash at bank and in hand | 54/58 | €870,674 | €503,607 | -€367,067 | -42.2% |
| Deferred charges and accrued income | 490/1 | €230,399 | €10,448 | -€219,951 | -95.5% |
| Total equity and liabilities | 10/49 | €2,298,015 | €1,855,096 | -€442,920 | -19.3% |
| Equity | 10/15 | -€1,321,638 | -€2,074,993 | -€753,355 | -57.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,342,043 | -€2,095,398 | -€753,355 | -56.1% |
| Provisions and deferred taxes | 16 | €11,408 | €11,408 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €11,408 | €11,408 | = | 0.0% |
| Other liabilities and charges | 164/5 | €11,408 | €11,408 | = | 0.0% |
| Amounts payable | 17/49 | €3,608,246 | €3,918,681 | +€310,435 | +8.6% |
| Amounts payable within one year | 42/48 | €3,585,942 | €3,918,681 | +€332,739 | +9.3% |
| Trade debts | 44 | €1,030,067 | €848,356 | -€181,710 | -17.6% |
| Suppliers | 440/4 | €1,030,067 | €848,214 | -€181,853 | -17.7% |
| Bills of exchange payable | 441 | - | €142 | +€142 | |
| Advances received on contracts in progress | 46 | €888 | - | -€888 | |
| Taxes, remuneration and social security | 45 | €128,096 | €137,048 | +€8,952 | +7.0% |
| Taxes | 450/3 | €16,648 | €39,151 | +€22,504 | +135.2% |
| Remuneration and social security | 454/9 | €111,449 | €97,897 | -€13,551 | -12.2% |
| Other amounts payable | 47/48 | €2,426,890 | €2,933,276 | +€506,386 | +20.9% |
| Accrued charges and deferred income | 492/3 | €22,304 | - | -€22,304 | |
| Remuneration, social security and pensions | 62 | €730,813 | €622,921 | -€107,892 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238,652 | €240,276 | +€1,624 | +0.7% |
| Other operating charges | 640/8 | €214,067 | €205,891 | -€8,175 | -3.8% |
| Gross operating margin | 9900 | €1,304,986 | €409,929 | -€895,057 | -68.6% |
| Operating profit (loss) | 9901 | €121,454 | -€659,160 | -€780,614 | |
| Financial income | 75/76B | €1 | €4 | +€3 | +488.2% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +488.2% |
| Financial charges | 65/66B | €94,721 | €94,023 | -€698 | -0.7% |
| Recurring financial charges | 65 | €94,721 | €94,023 | -€698 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €26,734 | -€753,179 | -€779,913 | |
| Income taxes | 67/77 | €188 | €176 | -€12 | -6.2% |
| Profit (loss) for the period | 9904 | €26,546 | -€753,355 | -€779,901 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,546 | -€753,355 | -€779,901 |
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 12 October 2026 via checked.be.