CINETEC: 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.
CINETEC
Largest movements
- Current investments +€125,000
up €125,000 (+46.8%), from €266,957 to €391,957
- Cash -€105,644
down €105,644 (-80.8%), from €130,751 to €25,106
mainly Current investments (-€125,000) and Tax, wage and social debts (-€27,925)
- Receivables within one year -€37,017
down €37,017 (-39.4%), from €93,896 to €56,879
of which Trade receivables: -€37,207
- Tax, wage and social debts -€27,925
down €27,925 (-65.5%), from €42,617 to €14,691
- Reserves +€9,000
up €9,000 (+4.0%), from €224,152 to €233,152
of which Distributable reserves: +€9,000
- Gross operating margin -€128,503
down €128,503 (-99.9%), from €128,668 to €165
- Financial income -€41,065
down €41,065 (-74.3%), from €55,295 to €14,230
- Taxes -€37,811
down €37,811 (-89.0%), from €42,503 to €4,691
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 | €493,214 | €475,356 | -€17,858 | -3.6% |
| Fixed assets | 21/28 | €1,413 | €1,413 | = | 0.0% |
| Financial fixed assets | 28 | €1,413 | €1,413 | = | 0.0% |
| Current assets | 29/58 | €491,801 | €473,943 | -€17,858 | -3.6% |
| Amounts receivable within one year | 40/41 | €93,896 | €56,879 | -€37,017 | -39.4% |
| Trade receivables | 40 | €93,896 | €56,689 | -€37,207 | -39.6% |
| Other amounts receivable | 41 | - | €191 | +€191 | |
| Current investments | 50/53 | €266,957 | €391,957 | +€125,000 | +46.8% |
| Cash at bank and in hand | 54/58 | €130,751 | €25,106 | -€105,644 | -80.8% |
| Deferred charges and accrued income | 490/1 | €197 | - | -€197 | |
| Total equity and liabilities | 10/49 | €493,214 | €475,356 | -€17,858 | -3.6% |
| Equity | 10/15 | €425,312 | €434,511 | +€9,199 | +2.2% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €224,152 | €233,152 | +€9,000 | +4.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €221,052 | €230,052 | +€9,000 | +4.1% |
| Profit (loss) carried forward | 14 | €170,160 | €170,359 | +€199 | +0.1% |
| Amounts payable | 17/49 | €67,902 | €40,845 | -€27,057 | -39.8% |
| Amounts payable within one year | 42/48 | €67,902 | €40,845 | -€27,057 | -39.8% |
| Trade debts | 44 | €202 | €1,061 | +€858 | +424.6% |
| Suppliers | 440/4 | €202 | €1,061 | +€858 | +424.6% |
| Taxes, remuneration and social security | 45 | €42,617 | €14,691 | -€27,925 | -65.5% |
| Taxes | 450/3 | €42,617 | €14,691 | -€27,925 | -65.5% |
| Other amounts payable | 47/48 | €25,083 | €25,093 | +€10 | 0.0% |
| Non-recurring operating income | 76A | €138,376 | - | -€138,376 | |
| Other operating charges | 640/8 | €787 | €462 | -€325 | -41.3% |
| Non-recurring operating charges | 66A | €20 | - | -€20 | |
| Gross operating margin | 9900 | €128,668 | €165 | -€128,503 | -99.9% |
| Operating profit (loss) | 9901 | €127,862 | -€297 | -€128,159 | |
| Financial income | 75/76B | €55,295 | €14,230 | -€41,065 | -74.3% |
| Recurring financial income | 75 | €55,295 | €14,230 | -€41,065 | -74.3% |
| Financial charges | 65/66B | €1,192 | €42 | -€1,149 | -96.4% |
| Recurring financial charges | 65 | €1,192 | €42 | -€1,149 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | €181,965 | €13,890 | -€168,075 | -92.4% |
| Income taxes | 67/77 | €42,503 | €4,691 | -€37,811 | -89.0% |
| Profit (loss) for the period | 9904 | €139,462 | €9,199 | -€130,263 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €139,462 | €9,199 | -€130,263 | -93.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.