CIPRO: 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.
CIPRO
Largest movements
- Deferred charges and accrued income +€13,048
new in 2025: €13,048
- Receivables within one year +€2,338
up €2,338 (+1.6%), from €144,503 to €146,841
of which Other amounts receivable: +€19,924
- Cash +€1,888
up €1,888 (+278%), from €679 to €2,568
mainly Net result for the year (+€27,217) and Depreciation (+€817)
- Reserves +€27,217
up €27,217 (+41.3%), from €65,858 to €93,076
- Tax, wage and social debts -€10,679
down €10,679 (-24.9%), from €42,839 to €32,160
- Gross operating margin +€19,310
up €19,310 (+90.3%), from €21,386 to €40,696
- Taxes +€9,350
up €9,350 (+133%), from €7,032 to €16,382
- Financial income +€3,749
up €3,749 (+76.7%), from €4,888 to €8,638
- Financial charges +€2,429
up €2,429 (+151%), from €1,612 to €4,041
- Other operating charges +€761
up €761 (+662%), from €115 to €876
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 | €146,351 | €162,808 | +€16,458 | +11.2% |
| Fixed assets | 21/28 | €1,169 | €351 | -€817 | -69.9% |
| Tangible fixed assets | 22/27 | €1,169 | €351 | -€817 | -69.9% |
| Plant, machinery and equipment | 23 | €743 | €223 | -€520 | -70.0% |
| Furniture and vehicles | 24 | €425 | €128 | -€297 | -69.9% |
| Current assets | 29/58 | €145,182 | €162,457 | +€17,275 | +11.9% |
| Amounts receivable within one year | 40/41 | €144,503 | €146,841 | +€2,338 | +1.6% |
| Trade receivables | 40 | €21,773 | €4,187 | -€17,586 | -80.8% |
| Other amounts receivable | 41 | €122,729 | €142,654 | +€19,924 | +16.2% |
| Cash at bank and in hand | 54/58 | €679 | €2,568 | +€1,888 | +278% |
| Deferred charges and accrued income | 490/1 | - | €13,048 | +€13,048 | |
| Total equity and liabilities | 10/49 | €146,351 | €162,808 | +€16,458 | +11.2% |
| Equity | 10/15 | €81,479 | €108,696 | +€27,217 | +33.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €65,858 | €93,076 | +€27,217 | +41.3% |
| Distributable reserves | 133 | €65,858 | €93,076 | +€27,217 | +41.3% |
| Profit (loss) carried forward | 14 | €13,121 | €13,121 | = | 0.0% |
| Amounts payable | 17/49 | €64,872 | €54,112 | -€10,760 | -16.6% |
| Amounts payable within one year | 42/48 | €64,872 | €54,112 | -€10,760 | -16.6% |
| Trade debts | 44 | €22,033 | €21,952 | -€81 | -0.4% |
| Suppliers | 440/4 | €22,033 | €21,952 | -€81 | -0.4% |
| Taxes, remuneration and social security | 45 | €42,839 | €32,160 | -€10,679 | -24.9% |
| Taxes | 450/3 | €42,839 | €32,160 | -€10,679 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | €817 | = | 0.0% |
| Other operating charges | 640/8 | €115 | €876 | +€761 | +662% |
| Gross operating margin | 9900 | €21,386 | €40,696 | +€19,310 | +90.3% |
| Operating profit (loss) | 9901 | €20,454 | €39,003 | +€18,549 | +90.7% |
| Financial income | 75/76B | €4,888 | €8,638 | +€3,749 | +76.7% |
| Recurring financial income | 75 | €4,888 | €8,638 | +€3,749 | +76.7% |
| Financial charges | 65/66B | €1,612 | €4,041 | +€2,429 | +151% |
| Recurring financial charges | 65 | €1,612 | €4,041 | +€2,429 | +151% |
| Profit (loss) for the period before taxes | 9903 | €23,730 | €43,599 | +€19,869 | +83.7% |
| Income taxes | 67/77 | €7,032 | €16,382 | +€9,350 | +133% |
| Profit (loss) for the period | 9904 | €16,698 | €27,217 | +€10,519 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,698 | €27,217 | +€10,519 | +63.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.