Skip to content

CINI: 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.

What changed

CINI

BE 0446.028.170
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,641
2024 · €14,770+€2,871
Equity
€10,752
2024 · -€6,889+€17,641
Cash
€15,692
2024 · €11,943+€3,750
Balance sheet total
€19,511
2024 · €16,203+€3,308

Largest movements

2024 to 2025
Assets
  • Cash +€3,750

    up €3,750 (+31.4%), from €11,943 to €15,692

    mainly Net result for the year (+€17,641) and Tax, wage and social debts (+€2,004)

  • Receivables within one year -€442

    down €442 (-10.4%), from €4,260 to €3,819

    of which Trade receivables: -€303

Equity and liabilities
  • Profit (loss) carried forward +€17,641

    up €17,641 (+55.3%), from -€31,889 to -€14,248

  • Other debts -€14,697

    down €14,697 (-100.0%), from €14,697 to €0

  • Tax, wage and social debts +€2,004

    new in 2025: €2,004

  • Debts after one year -€1,641

    down €1,641 (-19.5%), from €8,395 to €6,754

Income statement
  • Gross operating margin +€4,912

    up €4,912 (+31.9%), from €15,390 to €20,302

  • Taxes +€2,004

    new in 2025: €2,004

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €14,770
Gross operating margin +€4,912
Other operating charges +€102
Financial charges -€139
Taxes -€2,004
Result 2025 €17,641

Cash bridge derived

cash 2024 to 2025

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.

From operations +€5,391
Investment €0
Financing -€1,641
Cash 2024 €11,943
Net result for the year +€17,641
Receivables within one year +€442
Trade debts -€0
Tax, wage and social debts +€2,004
Other debts -€14,697
Debts after one year -€1,641
Cash 2025 €15,692
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €16,203 €19,511 +€3,308 +20.4%
Current assets 29/58 €16,203 €19,511 +€3,308 +20.4%
Amounts receivable within one year 40/41 €4,260 €3,819 -€442 -10.4%
Trade receivables 40 €4,122 €3,819 -€303 -7.4%
Other amounts receivable 41 €139 €0 -€139 -100.0%
Cash at bank and in hand 54/58 €11,943 €15,692 +€3,750 +31.4%
Total equity and liabilities 10/49 €16,203 €19,511 +€3,308 +20.4%
Equity 10/15 -€6,889 €10,752 +€17,641
Contributions 10/11 €25,000 €25,000 = 0.0%
Profit (loss) carried forward 14 -€31,889 -€14,248 +€17,641 +55.3%
Amounts payable 17/49 €23,092 €8,759 -€14,334 -62.1%
Amounts payable after more than one year 17 €8,395 €6,754 -€1,641 -19.5%
Financial debts 170/4 €8,395 €6,754 -€1,641 -19.5%
Amounts payable within one year 42/48 €14,697 €2,004 -€12,692 -86.4%
Trade debts 44 €0 €0 -€0 -100.0%
Suppliers 440/4 €0 €0 -€0 -100.0%
Taxes, remuneration and social security 45 - €2,004 +€2,004
Taxes 450/3 - €2,004 +€2,004
Other amounts payable 47/48 €14,697 €0 -€14,697 -100.0%
Other operating charges 640/8 €564 €462 -€102 -18.1%
Gross operating margin 9900 €15,390 €20,302 +€4,912 +31.9%
Operating profit (loss) 9901 €14,826 €19,840 +€5,015 +33.8%
Financial charges 65/66B €56 €195 +€139 +251.1%
Recurring financial charges 65 €56 €195 +€139 +251.1%
Profit (loss) for the period before taxes 9903 €14,770 €19,646 +€4,875 +33.0%
Income taxes 67/77 - €2,004 +€2,004
Profit (loss) for the period 9904 €14,770 €17,641 +€2,871 +19.4%
Profit (loss) for the period to be appropriated 9905 €14,770 €17,641 +€2,871 +19.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.