CINQ FONTAINES: 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 FONTAINES
Largest movements
- Receivables within one year +€35,034
up €35,034 (+272%), from €12,857 to €47,892
of which Other amounts receivable: +€27,505
- Cash -€16,905
down €16,905 (-37.3%), from €45,372 to €28,468
mainly Receivables within one year (-€35,034) and Investment in fixed assets (net) (-€6,226)
- Tangible fixed assets +€5,196
new in 2025: €5,196
- Intangible fixed assets -€3,700
down €3,700 (-25.0%), from €14,800 to €11,100
- Stocks and contracts +€1,350
up €1,350 (+11.7%), from €11,513 to €12,863
- Tax, wage and social debts +€11,365
up €11,365 (+51.4%), from €22,098 to €33,463
of which Remuneration and social security: +€10,719
- Profit (loss) carried forward +€9,122
up €9,122 (+14.4%), from €63,234 to €72,356
- Gross operating margin -€45,631
down €45,631 (-46.0%), from €99,258 to €53,627
- Staff costs +€20,924
up €20,924 (+215%), from €9,728 to €30,652
- Taxes -€11,906
down €11,906 (-72.9%), from €16,330 to €4,424
- Financial charges -€5,409
down €5,409 (-97.3%), from €5,556 to €148
of which Non-recurring financial charges: -€5,548
- Other operating charges +€2,755
up €2,755 (+382%), from €720 to €3,476
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 | €87,832 | €108,319 | +€20,487 | +23.3% |
| Fixed assets | 21/28 | €17,600 | €19,096 | +€1,496 | +8.5% |
| Intangible fixed assets | 21 | €14,800 | €11,100 | -€3,700 | -25.0% |
| Tangible fixed assets | 22/27 | - | €5,196 | +€5,196 | |
| Furniture and vehicles | 24 | - | €5,196 | +€5,196 | |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €70,232 | €89,223 | +€18,990 | +27.0% |
| Stocks and contracts in progress | 3 | €11,513 | €12,863 | +€1,350 | +11.7% |
| Stocks | 30/36 | €11,513 | €12,863 | +€1,350 | +11.7% |
| Amounts receivable within one year | 40/41 | €12,857 | €47,892 | +€35,034 | +272% |
| Trade receivables | 40 | €5,573 | €13,102 | +€7,529 | +135% |
| Other amounts receivable | 41 | €7,284 | €34,789 | +€27,505 | +378% |
| Cash at bank and in hand | 54/58 | €45,372 | €28,468 | -€16,905 | -37.3% |
| Deferred charges and accrued income | 490/1 | €489 | - | -€489 | |
| Total equity and liabilities | 10/49 | €87,832 | €108,319 | +€20,487 | +23.3% |
| Equity | 10/15 | €65,734 | €74,856 | +€9,122 | +13.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,234 | €72,356 | +€9,122 | +14.4% |
| Amounts payable | 17/49 | €22,098 | €33,463 | +€11,365 | +51.4% |
| Amounts payable within one year | 42/48 | €22,098 | €33,463 | +€11,365 | +51.4% |
| Taxes, remuneration and social security | 45 | €22,098 | €33,463 | +€11,365 | +51.4% |
| Taxes | 450/3 | €20,105 | €20,750 | +€645 | +3.2% |
| Remuneration and social security | 454/9 | €1,993 | €12,713 | +€10,719 | +538% |
| Remuneration, social security and pensions | 62 | €9,728 | €30,652 | +€20,924 | +215% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,700 | €4,729 | +€1,029 | +27.8% |
| Other operating charges | 640/8 | €720 | €3,476 | +€2,755 | +382% |
| Gross operating margin | 9900 | €99,258 | €53,627 | -€45,631 | -46.0% |
| Operating profit (loss) | 9901 | €85,110 | €14,770 | -€70,340 | -82.6% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €5,556 | €148 | -€5,409 | -97.3% |
| Recurring financial charges | 65 | €8 | €148 | +€139 | +1,680% |
| Non-recurring financial charges | 66B | €5,548 | - | -€5,548 | |
| Profit (loss) for the period before taxes | 9903 | €79,564 | €14,622 | -€64,942 | -81.6% |
| Income taxes | 67/77 | €16,330 | €4,424 | -€11,906 | -72.9% |
| Profit (loss) for the period | 9904 | €63,234 | €10,198 | -€53,036 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,234 | €10,198 | -€53,036 | -83.9% |
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.