CIRILIUS: 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.
CIRILIUS
Largest movements
- Tangible fixed assets -€1.4m
down €1.4m (-15.1%), from €9.2m to €7.8m
of which Leasing and similar rights: -€909,457
- Debts after one year -€1.2m
down €1.2m (-16.5%), from €7.1m to €6.0m
- Current portion of long-term debt -€204,741
down €204,741 (-31.4%), from €651,544 to €446,802
- Gross operating margin -€484,785
down €484,785 (-42.2%), from €1.1m to €663,022
- Depreciation -€320,444
down €320,444 (-47.9%), from €669,577 to €349,133
- Financial charges -€38,684
down €38,684 (-17.8%), from €217,148 to €178,464
- Taxes -€34,806
down €34,806 (-73.6%), from €47,311 to €12,505
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 | €9,274,448 | €7,917,413 | -€1.4m | -14.6% |
| Fixed assets | 21/28 | €9,193,960 | €7,808,599 | -€1.4m | -15.1% |
| Tangible fixed assets | 22/27 | €9,193,610 | €7,808,249 | -€1.4m | -15.1% |
| Land and buildings | 22 | €7,906,467 | €7,792,951 | -€113,516 | -1.4% |
| Plant, machinery and equipment | 23 | €326,185 | €0 | -€326,185 | -100% |
| Furniture and vehicles | 24 | €51,500 | €15,298 | -€36,203 | -70.3% |
| Leasing and similar rights | 25 | €909,457 | €0 | -€909,457 | -100% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €80,489 | €108,814 | +€28,326 | +35.2% |
| Amounts receivable within one year | 40/41 | €60,267 | €18,770 | -€41,498 | -68.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €60,267 | €18,770 | -€41,498 | -68.9% |
| Cash at bank and in hand | 54/58 | €9,661 | €78,990 | +€69,329 | +718% |
| Deferred charges and accrued income | 490/1 | €10,560 | €11,055 | +€495 | +4.7% |
| Total equity and liabilities | 10/49 | €9,274,448 | €7,917,413 | -€1.4m | -14.6% |
| Equity | 10/15 | €1,427,356 | €1,457,448 | +€30,092 | +2.1% |
| Contributions | 10/11 | €355,000 | €355,000 | = | 0.0% |
| Reserves | 13 | €1,072,356 | €1,102,448 | +€30,092 | +2.8% |
| Distributable reserves | 133 | €1,072,356 | €1,102,448 | +€30,092 | +2.8% |
| Amounts payable | 17/49 | €7,847,092 | €6,459,965 | -€1.4m | -17.7% |
| Amounts payable after more than one year | 17 | €7,131,053 | €5,952,251 | -€1.2m | -16.5% |
| Financial debts | 170/4 | €7,131,053 | €5,952,251 | -€1.2m | -16.5% |
| Amounts payable within one year | 42/48 | €716,039 | €507,714 | -€208,325 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €651,544 | €446,802 | -€204,741 | -31.4% |
| Trade debts | 44 | €17,204 | €1,114 | -€16,089 | -93.5% |
| Suppliers | 440/4 | €17,204 | €1,114 | -€16,089 | -93.5% |
| Taxes, remuneration and social security | 45 | €47,292 | €59,798 | +€12,505 | +26.4% |
| Taxes | 450/3 | €47,292 | €59,798 | +€12,505 | +26.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €149,911 | €37,019 | -€112,892 | -75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €669,577 | €349,133 | -€320,444 | -47.9% |
| Other operating charges | 640/8 | €91,281 | €92,829 | +€1,548 | +1.7% |
| Gross operating margin | 9900 | €1,147,808 | €663,022 | -€484,785 | -42.2% |
| Operating profit (loss) | 9901 | €386,950 | €221,060 | -€165,889 | -42.9% |
| Financial income | 75/76B | €86 | €0 | -€86 | -100% |
| Recurring financial income | 75 | €86 | €0 | -€86 | -100% |
| Financial charges | 65/66B | €217,148 | €178,464 | -€38,684 | -17.8% |
| Recurring financial charges | 65 | €217,148 | €178,464 | -€38,684 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €169,888 | €42,596 | -€127,292 | -74.9% |
| Income taxes | 67/77 | €47,311 | €12,505 | -€34,806 | -73.6% |
| Profit (loss) for the period | 9904 | €122,577 | €30,092 | -€92,486 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €122,577 | €30,092 | -€92,486 | -75.5% |
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 15 October 2026 via checked.be.