Cinque: what changed
Cinque
Largest movements
- Receivables within one year -€8,775
no longer reported in 2025 (was €8,775)
of which Other amounts receivable: -€8,710
- Cash +€1,524
up €1,524 (+26.5%), from €5,754 to €7,277
mainly Receivables within one year (+€8,775) and Trade debts (+€2,436)
- Tangible fixed assets -€514
down €514 (-45.4%), from €1,131 to €617
- Deferred charges and accrued income +€260
up €260 (+174%), from €150 to €410
- Profit (loss) carried forward -€8,995
down €8,995 (-109%), from -€8,252 to -€17,247
- Trade debts +€2,436
new in 2025: €2,436
- Accrued charges and deferred income -€1,475
down €1,475 (-50.0%), from €2,950 to €1,475
- Other debts +€1,257
new in 2025: €1,257
- Tax, wage and social debts -€737
down €737 (-21.3%), from €3,462 to €2,725
- Gross operating margin -€9,501
down €9,501, from €3,599 to -€5,903
- Depreciation -€319
down €319 (-38.3%), from €833 to €514
- Staff costs +€242
new in 2025: €242
- Financial income -€147
no longer reported in 2025 (was €147)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,760 | €9,246 | -€7,514 | -44.8% |
| Fixed assets | 21/28 | €1,131 | €617 | -€514 | -45.4% |
| Tangible fixed assets | 22/27 | €1,131 | €617 | -€514 | -45.4% |
| Plant, machinery and equipment | 23 | €1,131 | €617 | -€514 | -45.4% |
| Current assets | 29/58 | €15,628 | €8,628 | -€7,000 | -44.8% |
| Stocks and contracts in progress | 3 | €951 | €941 | -€9 | -1.0% |
| Stocks | 30/36 | €951 | €941 | -€9 | -1.0% |
| Amounts receivable within one year | 40/41 | €8,775 | - | -€8,775 | |
| Trade receivables | 40 | €65 | - | -€65 | |
| Other amounts receivable | 41 | €8,710 | - | -€8,710 | |
| Cash at bank and in hand | 54/58 | €5,754 | €7,277 | +€1,524 | +26.5% |
| Deferred charges and accrued income | 490/1 | €150 | €410 | +€260 | +174% |
| Total equity and liabilities | 10/49 | €16,760 | €9,246 | -€7,514 | -44.8% |
| Equity | 10/15 | €10,348 | €1,353 | -€8,995 | -86.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,252 | -€17,247 | -€8,995 | -109% |
| Amounts payable | 17/49 | €6,412 | €7,893 | +€1,481 | +23.1% |
| Amounts payable within one year | 42/48 | €3,462 | €6,418 | +€2,956 | +85.4% |
| Trade debts | 44 | - | €2,436 | +€2,436 | |
| Suppliers | 440/4 | - | €2,436 | +€2,436 | |
| Taxes, remuneration and social security | 45 | €3,462 | €2,725 | -€737 | -21.3% |
| Taxes | 450/3 | €3,462 | €2,725 | -€737 | -21.3% |
| Other amounts payable | 47/48 | - | €1,257 | +€1,257 | |
| Accrued charges and deferred income | 492/3 | €2,950 | €1,475 | -€1,475 | -50.0% |
| Remuneration, social security and pensions | 62 | - | €242 | +€242 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €514 | -€319 | -38.3% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €3,599 | -€5,903 | -€9,501 | |
| Operating profit (loss) | 9901 | €2,196 | -€7,244 | -€9,441 | |
| Financial income | 75/76B | €147 | - | -€147 | |
| Recurring financial income | 75 | €147 | - | -€147 | |
| Financial charges | 65/66B | €1,730 | €1,751 | +€21 | +1.2% |
| Recurring financial charges | 65 | €1,730 | €1,751 | +€21 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €613 | -€8,995 | -€9,608 | |
| Profit (loss) for the period | 9904 | €613 | -€8,995 | -€9,608 | |
| Profit (loss) for the period to be appropriated | 9905 | €613 | -€8,995 | -€9,608 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.