CINQ - CINQ: 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.
CINQ - CINQ
Largest movements
- Receivables within one year +€13,047
up €13,047 (+18.5%), from €70,462 to €83,509
of which Other amounts receivable: +€8,110
- Cash +€3,049
up €3,049 (+97.6%), from €3,125 to €6,174
mainly Trade debts (+€9,455) and Net result for the year (+€5,623)
- Trade debts +€9,455
up €9,455 (+29.2%), from €32,433 to €41,888
- Profit (loss) carried forward +€5,623
up €5,623 (+10.5%), from -€53,792 to -€48,169
- Tax, wage and social debts +€4,236
up €4,236 (+38.8%), from €10,926 to €15,162
- Short-term financial debts -€2,580
down €2,580 (-4.6%), from €55,981 to €53,401
- Other debts -€2,220
down €2,220 (-21.4%), from €10,363 to €8,143
- Gross operating margin -€3,853
down €3,853 (-23.4%), from €16,486 to €12,633
- Financial charges +€1,537
up €1,537 (+29.7%), from €5,180 to €6,716
- Financial income +€376
up €376 (+228.8%), from €164 to €540
- Other operating charges -€329
down €329 (-45.9%), from €716 to €387
- Taxes -€230
no longer reported in 2024 (was €230)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,362 | €91,990 | +€15,628 | +20.5% |
| Fixed assets | 21/28 | €2,454 | €2,008 | -€446 | -18.2% |
| Tangible fixed assets | 22/27 | €1,416 | €969 | -€446 | -31.5% |
| Furniture and vehicles | 24 | €1,416 | €969 | -€446 | -31.5% |
| Financial fixed assets | 28 | €1,039 | €1,039 | = | 0.0% |
| Current assets | 29/58 | €73,907 | €89,982 | +€16,074 | +21.7% |
| Amounts receivable within one year | 40/41 | €70,462 | €83,509 | +€13,047 | +18.5% |
| Trade receivables | 40 | €64,270 | €69,207 | +€4,937 | +7.7% |
| Other amounts receivable | 41 | €6,192 | €14,302 | +€8,110 | +131.0% |
| Cash at bank and in hand | 54/58 | €3,125 | €6,174 | +€3,049 | +97.6% |
| Deferred charges and accrued income | 490/1 | €321 | €299 | -€22 | -6.9% |
| Total equity and liabilities | 10/49 | €76,362 | €91,990 | +€15,628 | +20.5% |
| Equity | 10/15 | -€33,341 | -€27,718 | +€5,623 | +16.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,792 | -€48,169 | +€5,623 | +10.5% |
| Amounts payable | 17/49 | €109,703 | €119,707 | +€10,005 | +9.1% |
| Amounts payable within one year | 42/48 | €109,703 | €118,594 | +€8,891 | +8.1% |
| Financial debts | 43 | €55,981 | €53,401 | -€2,580 | -4.6% |
| Credit institutions | 430/8 | €55,981 | €53,401 | -€2,580 | -4.6% |
| Trade debts | 44 | €32,433 | €41,888 | +€9,455 | +29.2% |
| Suppliers | 440/4 | €32,433 | €41,888 | +€9,455 | +29.2% |
| Taxes, remuneration and social security | 45 | €10,926 | €15,162 | +€4,236 | +38.8% |
| Taxes | 450/3 | €10,926 | €15,162 | +€4,236 | +38.8% |
| Other amounts payable | 47/48 | €10,363 | €8,143 | -€2,220 | -21.4% |
| Accrued charges and deferred income | 492/3 | - | €1,113 | +€1,113 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €302 | €446 | +€144 | +47.8% |
| Other operating charges | 640/8 | €716 | €387 | -€329 | -45.9% |
| Gross operating margin | 9900 | €16,486 | €12,633 | -€3,853 | -23.4% |
| Operating profit (loss) | 9901 | €15,468 | €11,799 | -€3,668 | -23.7% |
| Financial income | 75/76B | €164 | €540 | +€376 | +228.8% |
| Recurring financial income | 75 | €164 | €540 | +€376 | +228.8% |
| Financial charges | 65/66B | €5,180 | €6,716 | +€1,537 | +29.7% |
| Recurring financial charges | 65 | €5,180 | €6,716 | +€1,537 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €10,452 | €5,623 | -€4,829 | -46.2% |
| Income taxes | 67/77 | €230 | - | -€230 | |
| Profit (loss) for the period | 9904 | €10,223 | €5,623 | -€4,599 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,223 | €5,623 | -€4,599 | -45.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.