CINEY CONSULT: 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 CONSULT
Largest movements
- Cash +€30,918
up €30,918 (+18.3%), from €168,549 to €199,467
mainly Other debts (+€90,013) and Net result for the year (+€52,227)
- Tangible fixed assets -€17,276
down €17,276 (-28.5%), from €60,530 to €43,253
of which Furniture and vehicles: -€15,579
- Deferred charges and accrued income -€5,649
down €5,649 (-51.1%), from €11,049 to €5,399
- Receivables within one year -€4,834
down €4,834 (-3.8%), from €127,026 to €122,192
of which Other amounts receivable: -€10,765
- Profit (loss) carried forward -€97,773
down €97,773 (-60.5%), from €161,497 to €63,724
- Other debts +€90,013
up €90,013 (+150%), from €60,087 to €150,100
- Tax, wage and social debts +€26,790
up €26,790 (+51.0%), from €52,581 to €79,371
of which Taxes: +€18,659
- Debts after one year -€13,407
down €13,407 (-42.3%), from €31,676 to €18,269
- Taxes +€22,522
up €22,522 (+406%), from €5,551 to €28,073
- Depreciation -€17,238
down €17,238 (-45.1%), from €38,221 to €20,983
- Staff costs -€12,566
down €12,566 (-3.8%), from €334,156 to €321,590
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 | €367,990 | €371,149 | +€3,159 | +0.9% |
| Fixed assets | 21/28 | €61,367 | €44,090 | -€17,276 | -28.2% |
| Tangible fixed assets | 22/27 | €60,530 | €43,253 | -€17,276 | -28.5% |
| Furniture and vehicles | 24 | €56,327 | €40,748 | -€15,579 | -27.7% |
| Other tangible fixed assets | 26 | €4,202 | €2,505 | -€1,697 | -40.4% |
| Financial fixed assets | 28 | €837 | €837 | = | 0.0% |
| Current assets | 29/58 | €306,624 | €327,059 | +€20,435 | +6.7% |
| Amounts receivable within one year | 40/41 | €127,026 | €122,192 | -€4,834 | -3.8% |
| Trade receivables | 40 | €111,714 | €117,645 | +€5,931 | +5.3% |
| Other amounts receivable | 41 | €15,312 | €4,547 | -€10,765 | -70.3% |
| Cash at bank and in hand | 54/58 | €168,549 | €199,467 | +€30,918 | +18.3% |
| Deferred charges and accrued income | 490/1 | €11,049 | €5,399 | -€5,649 | -51.1% |
| Total equity and liabilities | 10/49 | €367,990 | €371,149 | +€3,159 | +0.9% |
| Equity | 10/15 | €183,622 | €85,849 | -€97,773 | -53.2% |
| Contributions | 10/11 | €22,125 | €22,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,497 | €63,724 | -€97,773 | -60.5% |
| Amounts payable | 17/49 | €184,368 | €285,300 | +€100,932 | +54.7% |
| Amounts payable after more than one year | 17 | €31,676 | €18,269 | -€13,407 | -42.3% |
| Financial debts | 170/4 | €31,676 | €18,269 | -€13,407 | -42.3% |
| Amounts payable within one year | 42/48 | €152,692 | €267,031 | +€114,339 | +74.9% |
| Current portion of amounts payable after more than one year | 42 | €12,980 | €13,407 | +€426 | +3.3% |
| Trade debts | 44 | €27,044 | €24,153 | -€2,891 | -10.7% |
| Suppliers | 440/4 | €27,044 | €24,153 | -€2,891 | -10.7% |
| Taxes, remuneration and social security | 45 | €52,581 | €79,371 | +€26,790 | +51.0% |
| Taxes | 450/3 | €3,299 | €21,958 | +€18,659 | +566% |
| Remuneration and social security | 454/9 | €49,282 | €57,413 | +€8,131 | +16.5% |
| Other amounts payable | 47/48 | €60,087 | €150,100 | +€90,013 | +150% |
| Remuneration, social security and pensions | 62 | €334,156 | €321,590 | -€12,566 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,221 | €20,983 | -€17,238 | -45.1% |
| Other operating charges | 640/8 | €2,041 | €6,265 | +€4,223 | +207% |
| Gross operating margin | 9900 | €426,275 | €430,494 | +€4,219 | +1.0% |
| Operating profit (loss) | 9901 | €51,856 | €81,656 | +€29,800 | +57.5% |
| Financial income | 75/76B | €720 | €592 | -€129 | -17.8% |
| Recurring financial income | 75 | €720 | €592 | -€129 | -17.8% |
| Financial charges | 65/66B | €2,986 | €1,948 | -€1,037 | -34.7% |
| Recurring financial charges | 65 | €2,986 | €1,948 | -€1,037 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €49,590 | €80,299 | +€30,709 | +61.9% |
| Income taxes | 67/77 | €5,551 | €28,073 | +€22,522 | +406% |
| Profit (loss) for the period | 9904 | €44,039 | €52,227 | +€8,187 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,039 | €52,227 | +€8,187 | +18.6% |
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 21 October 2026 via checked.be.