CIRIL: 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.
What changed
CIRIL
NACE 68.110, Buying and selling of own real estate
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€700
2024 · -€3,044+€3,744
Equity
-€7,392
2024 · -€8,092+€700
Cash
€22,569
2024 · €24,622-€2,053
Balance sheet total
€507,565
2024 · €487,368+€20,197
Largest movements
Assets
- Tangible fixed assets +€18,204
up €18,204 (+4.0%), from €451,760 to €469,964
of which Furniture and vehicles: +€32,483
Equity and liabilities
- Current portion of long-term debt +€9,961
up €9,961 (+67.0%), from €14,877 to €24,838
Income statement
- Gross operating margin +€30,734
up €30,734 (+104.3%), from €29,458 to €60,192
- Depreciation +€18,003
up €18,003 (+89.0%), from €20,217 to €38,220
- Financial charges +€7,258
up €7,258 (+61.8%), from €11,754 to €19,012
- Staff costs +€1,436
new in 2025: €1,436
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.
Result 2024
-€3,044
Gross operating margin
+€30,734
Staff costs
-€1,436
Depreciation
-€18,003
Other operating charges
-€303
Financial income
+€1
Financial charges
-€7,258
Taxes
+€9
Result 2025
€700
Cash bridge derived
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.
From operations
+€44,319
Investment
-€56,424
Financing
+€10,052
Cash 2024
€24,622
From operations (derived)
+€44,319
Net result for the year
+€700
Depreciation
+€38,220
Receivables within one year
-€2,273
Deferred charges and accrued income
-€1,772
Trade debts
+€145
Tax, wage and social debts
+€4,453
Other debts
+€847
Accrued charges and deferred income
+€4,000
Investment (derived)
-€56,424
Investment in fixed assets (net)
-€56,424
Financing
+€10,052
Debts after one year
+€91
Current portion of long-term debt
+€9,961
Cash 2025
€22,569
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €487,368 | €507,565 | +€20,197 | +4.1% |
| Fixed assets | 21/28 | €451,760 | €469,964 | +€18,204 | +4.0% |
| Tangible fixed assets | 22/27 | €451,760 | €469,964 | +€18,204 | +4.0% |
| Land and buildings | 22 | €408,733 | €394,455 | -€14,278 | -3.5% |
| Furniture and vehicles | 24 | €43,027 | €75,510 | +€32,483 | +75.5% |
| Current assets | 29/58 | €35,608 | €37,600 | +€1,992 | +5.6% |
| Amounts receivable within one year | 40/41 | €10,986 | €13,259 | +€2,273 | +20.7% |
| Trade receivables | 40 | €981 | €3,254 | +€2,273 | +231.6% |
| Other amounts receivable | 41 | €10,004 | €10,004 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,622 | €22,569 | -€2,053 | -8.3% |
| Deferred charges and accrued income | 490/1 | - | €1,772 | +€1,772 | |
| Total equity and liabilities | 10/49 | €487,368 | €507,565 | +€20,197 | +4.1% |
| Equity | 10/15 | -€8,092 | -€7,392 | +€700 | +8.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,092 | -€12,392 | +€700 | +5.3% |
| Amounts payable | 17/49 | €495,460 | €514,957 | +€19,497 | +3.9% |
| Amounts payable after more than one year | 17 | €278,621 | €278,712 | +€91 | 0.0% |
| Financial debts | 170/4 | €278,621 | €278,712 | +€91 | 0.0% |
| Amounts payable within one year | 42/48 | €216,839 | €232,245 | +€15,405 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €14,877 | €24,838 | +€9,961 | +67.0% |
| Trade debts | 44 | €60,984 | €61,128 | +€145 | +0.2% |
| Suppliers | 440/4 | €60,984 | €61,128 | +€145 | +0.2% |
| Taxes, remuneration and social security | 45 | €12,589 | €17,042 | +€4,453 | +35.4% |
| Taxes | 450/3 | €6,189 | €7,642 | +€1,453 | +23.5% |
| Remuneration and social security | 454/9 | €6,400 | €9,400 | +€3,000 | +46.9% |
| Other amounts payable | 47/48 | €128,389 | €129,236 | +€847 | +0.7% |
| Accrued charges and deferred income | 492/3 | - | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | - | €1,436 | +€1,436 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,217 | €38,220 | +€18,003 | +89.0% |
| Other operating charges | 640/8 | €384 | €688 | +€303 | +78.8% |
| Gross operating margin | 9900 | €29,458 | €60,192 | +€30,734 | +104.3% |
| Operating profit (loss) | 9901 | €8,856 | €19,849 | +€10,992 | +124.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €11,754 | €19,012 | +€7,258 | +61.8% |
| Recurring financial charges | 65 | €11,754 | €19,012 | +€7,258 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,898 | €837 | +€3,735 | |
| Income taxes | 67/77 | €147 | €137 | -€9 | -6.4% |
| Profit (loss) for the period | 9904 | -€3,044 | €700 | +€3,744 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,044 | €700 | +€3,744 |
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 11 October 2026 via checked.be.