CINEY COIF: 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.
CINEY COIF
Largest movements
- Cash -€13,883
down €13,883 (-62.8%), from €22,105 to €8,222
mainly Net result for the year (-€17,849) and Investment in fixed assets (net) (-€1,222)
- Tangible fixed assets -€1,062
down €1,062 (-15.9%), from €6,698 to €5,636
of which Other tangible fixed assets: -€1,199
- Stocks and contracts +€728
up €728 (+18.7%), from €3,899 to €4,627
- Profit (loss) carried forward -€17,849
down €17,849 (-131%), from -€13,631 to -€31,480
- Other debts +€2,744
up €2,744 (+145%), from €1,894 to €4,638
- Tax, wage and social debts +€1,493
up €1,493 (+12.7%), from €11,730 to €13,223
of which Taxes: +€1,362
- Trade debts -€902
down €902 (-30.4%), from €2,965 to €2,063
- Turnover +€6,457
up €6,457 (+6.0%), from €108,021 to €114,478
- Staff costs +€4,272
up €4,272 (+4.7%), from €90,084 to €94,356
- Gross operating margin +€3,618
up €3,618 (+4.7%), from €77,201 to €80,819
- Purchases and services +€2,790
up €2,790 (+6.9%), from €40,625 to €43,415
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 | €33,518 | €19,004 | -€14,514 | -43.3% |
| Fixed assets | 21/28 | €6,758 | €5,696 | -€1,062 | -15.7% |
| Tangible fixed assets | 22/27 | €6,698 | €5,636 | -€1,062 | -15.9% |
| Plant, machinery and equipment | 23 | €1,310 | €1,913 | +€603 | +46.0% |
| Furniture and vehicles | 24 | €737 | €271 | -€466 | -63.3% |
| Other tangible fixed assets | 26 | €4,651 | €3,452 | -€1,199 | -25.8% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €26,761 | €13,309 | -€13,452 | -50.3% |
| Stocks and contracts in progress | 3 | €3,899 | €4,627 | +€728 | +18.7% |
| Stocks | 30/36 | €3,899 | €4,627 | +€728 | +18.7% |
| Amounts receivable within one year | 40/41 | €346 | €16 | -€330 | -95.3% |
| Other amounts receivable | 41 | €346 | €16 | -€330 | -95.3% |
| Cash at bank and in hand | 54/58 | €22,105 | €8,222 | -€13,883 | -62.8% |
| Deferred charges and accrued income | 490/1 | €411 | €443 | +€32 | +7.8% |
| Total equity and liabilities | 10/49 | €33,518 | €19,004 | -€14,514 | -43.3% |
| Equity | 10/15 | €16,929 | -€920 | -€17,849 | |
| Contributions | 10/11 | €13,700 | €13,700 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 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% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,631 | -€31,480 | -€17,849 | -131% |
| Amounts payable | 17/49 | €16,589 | €19,924 | +€3,335 | +20.1% |
| Amounts payable within one year | 42/48 | €16,589 | €19,924 | +€3,335 | +20.1% |
| Trade debts | 44 | €2,965 | €2,063 | -€902 | -30.4% |
| Suppliers | 440/4 | €2,965 | €2,063 | -€902 | -30.4% |
| Taxes, remuneration and social security | 45 | €11,730 | €13,223 | +€1,493 | +12.7% |
| Taxes | 450/3 | €88 | €1,450 | +€1,362 | +1,550% |
| Remuneration and social security | 454/9 | €11,642 | €11,773 | +€131 | +1.1% |
| Other amounts payable | 47/48 | €1,894 | €4,638 | +€2,744 | +145% |
| Turnover | 70 | €108,021 | €114,478 | +€6,457 | +6.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €40,625 | €43,415 | +€2,790 | +6.9% |
| Remuneration, social security and pensions | 62 | €90,084 | €94,356 | +€4,272 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,664 | €2,284 | -€380 | -14.3% |
| Other operating charges | 640/8 | €1,035 | €902 | -€133 | -12.9% |
| Gross operating margin | 9900 | €77,201 | €80,819 | +€3,618 | +4.7% |
| Operating profit (loss) | 9901 | -€16,581 | -€16,722 | -€141 | -0.9% |
| Financial income | 75/76B | €217 | €217 | +€0 | +0.1% |
| Recurring financial income | 75 | €217 | €217 | +€0 | +0.1% |
| Financial charges | 65/66B | €1,078 | €1,344 | +€266 | +24.7% |
| Recurring financial charges | 65 | €1,078 | €1,344 | +€266 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,442 | -€17,849 | -€407 | -2.3% |
| Profit (loss) for the period | 9904 | -€17,442 | -€17,849 | -€407 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,442 | -€17,849 | -€407 | -2.3% |
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 25 October 2026 via checked.be.