CIPANGO MEDIA: 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.
CIPANGO MEDIA
Largest movements
- Tangible fixed assets +€48,191
up €48,191 (+171.3%), from €28,134 to €76,325
of which Furniture and vehicles: +€48,330
- Receivables within one year +€43,956
up €43,956 (+235.9%), from €18,631 to €62,587
of which Trade receivables: +€24,512
- Cash -€6,289
down €6,289 (-46.1%), from €13,634 to €7,345
mainly Investment in fixed assets (net) (-€56,140) and Receivables within one year (-€43,956)
- Stocks and contracts -€3,157
down €3,157 (-16.3%), from €19,336 to €16,179
- Trade debts +€98,194
up €98,194 (+302.8%), from €32,427 to €130,621
- Other debts -€16,251
down €16,251 (-54.5%), from €29,801 to €13,550
- Profit (loss) carried forward +€2,894
up €2,894 (+69.6%), from €4,157 to €7,051
- Tax, wage and social debts -€2,136
down €2,136 (-46.4%), from €4,600 to €2,464
- Depreciation +€1,143
up €1,143 (+16.8%), from €6,806 to €7,949
- Gross operating margin -€535
down €535 (-3.4%), from €15,614 to €15,079
- Financial charges -€386
down €386 (-69.8%), from €553 to €167
of which Non-recurring financial charges: -€553
- Other operating charges -€177
down €177 (-12.4%), from €1,433 to €1,256
- Taxes -€170
down €170 (-5.6%), from €3,012 to €2,842
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 | €94,785 | €177,486 | +€82,701 | +87.3% |
| Fixed assets | 21/28 | €43,184 | €91,375 | +€48,191 | +111.6% |
| Intangible fixed assets | 21 | €15,000 | €15,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €28,134 | €76,325 | +€48,191 | +171.3% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €5,507 | €53,837 | +€48,330 | +877.6% |
| Leasing and similar rights | 25 | - | €1,138 | +€1,138 | |
| Other tangible fixed assets | 26 | €22,627 | €21,350 | -€1,277 | -5.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €51,601 | €86,111 | +€34,510 | +66.9% |
| Stocks and contracts in progress | 3 | €19,336 | €16,179 | -€3,157 | -16.3% |
| Stocks | 30/36 | €19,336 | €16,179 | -€3,157 | -16.3% |
| Amounts receivable within one year | 40/41 | €18,631 | €62,587 | +€43,956 | +235.9% |
| Trade receivables | 40 | €17,277 | €41,789 | +€24,512 | +141.9% |
| Other amounts receivable | 41 | €1,354 | €20,798 | +€19,444 | +1436.0% |
| Cash at bank and in hand | 54/58 | €13,634 | €7,345 | -€6,289 | -46.1% |
| Total equity and liabilities | 10/49 | €94,785 | €177,486 | +€82,701 | +87.3% |
| Equity | 10/15 | €27,957 | €30,851 | +€2,894 | +10.4% |
| Contributions | 10/11 | €23,800 | €23,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,157 | €7,051 | +€2,894 | +69.6% |
| Amounts payable | 17/49 | €66,828 | €146,635 | +€79,807 | +119.4% |
| Amounts payable within one year | 42/48 | €66,828 | €146,635 | +€79,807 | +119.4% |
| Trade debts | 44 | €32,427 | €130,621 | +€98,194 | +302.8% |
| Suppliers | 440/4 | €32,427 | €130,621 | +€98,194 | +302.8% |
| Taxes, remuneration and social security | 45 | €4,600 | €2,464 | -€2,136 | -46.4% |
| Taxes | 450/3 | €4,600 | €2,464 | -€2,136 | -46.4% |
| Other amounts payable | 47/48 | €29,801 | €13,550 | -€16,251 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,806 | €7,949 | +€1,143 | +16.8% |
| Other operating charges | 640/8 | €1,433 | €1,256 | -€177 | -12.4% |
| Gross operating margin | 9900 | €15,614 | €15,079 | -€535 | -3.4% |
| Operating profit (loss) | 9901 | €7,375 | €5,874 | -€1,501 | -20.4% |
| Financial income | 75/76B | €21 | €29 | +€8 | +35.9% |
| Recurring financial income | 75 | €21 | €29 | +€8 | +35.9% |
| Non-recurring financial income | 76B | €21 | - | -€21 | |
| Financial charges | 65/66B | €553 | €167 | -€386 | -69.8% |
| Recurring financial charges | 65 | €553 | €167 | -€386 | -69.8% |
| Non-recurring financial charges | 66B | €553 | - | -€553 | |
| Profit (loss) for the period before taxes | 9903 | €6,843 | €5,736 | -€1,107 | -16.2% |
| Income taxes | 67/77 | €3,012 | €2,842 | -€170 | -5.6% |
| Profit (loss) for the period | 9904 | €3,831 | €2,894 | -€937 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,831 | €2,894 | -€937 | -24.5% |
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.