CIP EVENEMENTS: 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.
CIP EVENEMENTS
Largest movements
- Tangible fixed assets -€97,110
down €97,110 (-9.1%), from €1.1m to €965,545
- Cash +€43,794
up €43,794 (+1,006%), from €4,355 to €48,148
mainly Other debts (+€127,166) and Depreciation (+€57,975)
- Receivables within one year -€13,558
down €13,558 (-77.7%), from €17,452 to €3,894
of which Trade receivables: -€10,389
- Debts after one year -€133,115
down €133,115 (-23.1%), from €575,734 to €442,619
- Other debts +€127,166
up €127,166 (+655%), from €19,425 to €146,591
- Current portion of long-term debt -€36,496
down €36,496 (-22.8%), from €160,344 to €123,848
- Reserves +€34,666
up €34,666 (+16.4%), from €211,456 to €246,122
of which Distributable reserves: +€37,829
- Trade debts -€23,255
down €23,255 (-78.2%), from €29,725 to €6,470
- Gross operating margin -€83,946
down €83,946 (-21.4%), from €392,033 to €308,087
- Staff costs -€44,081
down €44,081 (-21.1%), from €209,114 to €165,033
- Taxes -€9,054
down €9,054 (-28.9%), from €31,290 to €22,236
- Depreciation -€8,696
down €8,696 (-13.0%), from €66,671 to €57,975
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 | €1,103,377 | €1,020,614 | -€82,763 | -7.5% |
| Fixed assets | 21/28 | €1,062,769 | €965,545 | -€97,225 | -9.1% |
| Tangible fixed assets | 22/27 | €1,062,654 | €965,545 | -€97,110 | -9.1% |
| Land and buildings | 22 | €987,648 | €946,735 | -€40,912 | -4.1% |
| Plant, machinery and equipment | 23 | €46,653 | €18,809 | -€27,843 | -59.7% |
| Furniture and vehicles | 24 | €28,354 | €0 | -€28,354 | -100% |
| Financial fixed assets | 28 | €115 | €0 | -€115 | -100% |
| Current assets | 29/58 | €40,608 | €55,069 | +€14,462 | +35.6% |
| Stocks and contracts in progress | 3 | €4,918 | €0 | -€4,918 | -100% |
| Stocks | 30/36 | €4,918 | €0 | -€4,918 | -100% |
| Amounts receivable within one year | 40/41 | €17,452 | €3,894 | -€13,558 | -77.7% |
| Trade receivables | 40 | €10,389 | €0 | -€10,389 | -100% |
| Other amounts receivable | 41 | €7,063 | €3,894 | -€3,169 | -44.9% |
| Cash at bank and in hand | 54/58 | €4,355 | €48,148 | +€43,794 | +1,006% |
| Deferred charges and accrued income | 490/1 | €13,882 | €3,027 | -€10,855 | -78.2% |
| Total equity and liabilities | 10/49 | €1,103,377 | €1,020,614 | -€82,763 | -7.5% |
| Equity | 10/15 | €219,656 | €254,247 | +€34,590 | +15.7% |
| Contributions | 10/11 | €8,200 | €8,125 | -€75 | -0.9% |
| Reserves | 13 | €211,456 | €246,122 | +€34,666 | +16.4% |
| Non-distributable reserves | 130/1 | €2,060 | €2,041 | -€19 | -0.9% |
| Reserves not available under the articles | 1311 | €2,060 | €2,041 | -€19 | -0.9% |
| Tax-exempt reserves | 132 | €75,532 | €72,387 | -€3,145 | -4.2% |
| Distributable reserves | 133 | €133,865 | €171,694 | +€37,829 | +28.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €25,177 | €24,353 | -€825 | -3.3% |
| Deferred taxes | 168 | €25,177 | €24,353 | -€825 | -3.3% |
| Amounts payable | 17/49 | €858,543 | €742,015 | -€116,528 | -13.6% |
| Amounts payable after more than one year | 17 | €575,734 | €442,619 | -€133,115 | -23.1% |
| Financial debts | 170/4 | €575,734 | €442,619 | -€133,115 | -23.1% |
| Amounts payable within one year | 42/48 | €261,534 | €298,187 | +€36,653 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €160,344 | €123,848 | -€36,496 | -22.8% |
| Financial debts | 43 | €8,612 | €1,173 | -€7,439 | -86.4% |
| Credit institutions | 430/8 | €8,612 | €1,173 | -€7,439 | -86.4% |
| Trade debts | 44 | €29,725 | €6,470 | -€23,255 | -78.2% |
| Suppliers | 440/4 | €29,725 | €6,470 | -€23,255 | -78.2% |
| Advances received on contracts in progress | 46 | €7,446 | €0 | -€7,446 | -100% |
| Taxes, remuneration and social security | 45 | €35,981 | €20,105 | -€15,876 | -44.1% |
| Taxes | 450/3 | €27,054 | €20,105 | -€6,949 | -25.7% |
| Remuneration and social security | 454/9 | €8,927 | €0 | -€8,927 | -100% |
| Other amounts payable | 47/48 | €19,425 | €146,591 | +€127,166 | +655% |
| Accrued charges and deferred income | 492/3 | €21,274 | €1,209 | -€20,066 | -94.3% |
| Remuneration, social security and pensions | 62 | €209,114 | €165,033 | -€44,081 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,671 | €57,975 | -€8,696 | -13.0% |
| Other operating charges | 640/8 | €4,875 | €4,275 | -€600 | -12.3% |
| Gross operating margin | 9900 | €392,033 | €308,087 | -€83,946 | -21.4% |
| Operating profit (loss) | 9901 | €111,373 | €80,803 | -€30,570 | -27.4% |
| Financial income | 75/76B | €211 | €623 | +€412 | +195% |
| Recurring financial income | 75 | €211 | €623 | +€412 | +195% |
| Financial charges | 65/66B | €22,625 | €19,507 | -€3,118 | -13.8% |
| Recurring financial charges | 65 | €22,625 | €19,507 | -€3,118 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €88,960 | €61,920 | -€27,040 | -30.4% |
| Transfer from deferred taxes | 780 | €825 | €825 | = | 0.0% |
| Income taxes | 67/77 | €31,290 | €22,236 | -€9,054 | -28.9% |
| Profit (loss) for the period | 9904 | €58,495 | €40,508 | -€17,986 | -30.7% |
| Transfer from tax-exempt reserves | 789 | €2,474 | €2,468 | -€6 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,969 | €42,977 | -€17,992 | -29.5% |
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 24 October 2026 via checked.be.