CINNAMON SERVICES: 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.
CINNAMON SERVICES
Largest movements
- Cash -€122,758
down €122,758 (-80.2%), from €153,007 to €30,249
mainly Contributions, distributions and other (-€176,189) and Tax, wage and social debts (-€16,123)
- Tangible fixed assets -€3,790
down €3,790 (-12.5%), from €30,209 to €26,419
of which Plant, machinery and equipment: -€3,300
- Profit (loss) carried forward -€115,215
down €115,215 (-65.4%), from €176,189 to €60,974
- Tax, wage and social debts -€16,123
down €16,123 (-73.5%), from €21,938 to €5,815
- Other debts +€4,096
new in 2025: €4,096
- Gross operating margin -€2,350
down €2,350 (-2.6%), from €88,971 to €86,621
- Depreciation +€1,317
up €1,317 (+20.2%), from €6,505 to €7,822
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 | €201,211 | €74,229 | -€126,982 | -63.1% |
| Fixed assets | 21/28 | €30,209 | €26,419 | -€3,790 | -12.5% |
| Tangible fixed assets | 22/27 | €30,209 | €26,419 | -€3,790 | -12.5% |
| Plant, machinery and equipment | 23 | €22,983 | €19,683 | -€3,300 | -14.4% |
| Furniture and vehicles | 24 | €225 | €124 | -€102 | -45.1% |
| Leasing and similar rights | 25 | €7,001 | €6,612 | -€389 | -5.6% |
| Current assets | 29/58 | €171,002 | €47,810 | -€123,191 | -72.0% |
| Amounts receivable within one year | 40/41 | €17,066 | €16,820 | -€246 | -1.4% |
| Trade receivables | 40 | €16,400 | €16,820 | +€420 | +2.6% |
| Other amounts receivable | 41 | €666 | - | -€666 | |
| Cash at bank and in hand | 54/58 | €153,007 | €30,249 | -€122,758 | -80.2% |
| Deferred charges and accrued income | 490/1 | €929 | €741 | -€188 | -20.2% |
| Total equity and liabilities | 10/49 | €201,211 | €74,229 | -€126,982 | -63.1% |
| Equity | 10/15 | €178,189 | €62,974 | -€115,215 | -64.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,189 | €60,974 | -€115,215 | -65.4% |
| Amounts payable | 17/49 | €23,021 | €11,255 | -€11,767 | -51.1% |
| Amounts payable within one year | 42/48 | €22,634 | €10,867 | -€11,767 | -52.0% |
| Trade debts | 44 | €696 | €956 | +€261 | +37.5% |
| Suppliers | 440/4 | €696 | €956 | +€261 | +37.5% |
| Taxes, remuneration and social security | 45 | €21,938 | €5,815 | -€16,123 | -73.5% |
| Taxes | 450/3 | €21,938 | €5,815 | -€16,123 | -73.5% |
| Other amounts payable | 47/48 | - | €4,096 | +€4,096 | |
| Accrued charges and deferred income | 492/3 | €387 | €387 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,505 | €7,822 | +€1,317 | +20.2% |
| Other operating charges | 640/8 | €905 | €1,116 | +€211 | +23.4% |
| Gross operating margin | 9900 | €88,971 | €86,621 | -€2,350 | -2.6% |
| Operating profit (loss) | 9901 | €81,561 | €77,683 | -€3,877 | -4.8% |
| Financial income | 75/76B | €109 | €39 | -€70 | -64.5% |
| Recurring financial income | 75 | €109 | €39 | -€70 | -64.5% |
| Financial charges | 65/66B | €529 | €355 | -€174 | -32.9% |
| Recurring financial charges | 65 | €529 | €355 | -€174 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €81,141 | €77,367 | -€3,774 | -4.7% |
| Income taxes | 67/77 | €16,756 | €16,393 | -€363 | -2.2% |
| Profit (loss) for the period | 9904 | €64,385 | €60,974 | -€3,411 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,385 | €60,974 | -€3,411 | -5.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.