CIRILLI: what changed
Two fiscal 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.
CIRILLI
Largest movements
- Tangible fixed assets -€194,415
down €194,415 (-98.5%), from €197,349 to €2,934
of which Land and buildings: -€167,207
- Receivables within one year +€41,095
up €41,095 (+73.3%), from €56,044 to €97,139
of which Trade receivables: +€57,854
- Deferred charges and accrued income -€9,881
down €9,881 (-98.8%), from €10,000 to €119
- Cash +€4,171
up €4,171 (+21.5%), from €19,444 to €23,616
- Other debts -€220,450
down €220,450 (-68.6%), from €321,136 to €100,686
- Profit (loss) carried forward +€54,708
up €54,708, from -€52,965 to €1,743
- Gross operating margin -€67,509
down €67,509 (-86.9%), from €77,689 to €10,180
- Staff costs -€44,322
down €44,322 (-99.3%), from €44,647 to €325
- Other operating charges -€11,950
down €11,950 (-80.0%), from €14,938 to €2,988
- Depreciation -€9,085
down €9,085 (-63.8%), from €14,235 to €5,149
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €288,417 | €127,418 | -€160,999 | -55.8% |
| Fixed assets | 21/28 | €197,349 | €2,934 | -€194,415 | -98.5% |
| Tangible fixed assets | 22/27 | €197,349 | €2,934 | -€194,415 | -98.5% |
| Land and buildings | 22 | €167,207 | - | -€167,207 | |
| Furniture and vehicles | 24 | €30,142 | €2,934 | -€27,208 | -90.3% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €91,068 | €124,484 | +€33,416 | +36.7% |
| Stocks and contracts in progress | 3 | €5,580 | €3,610 | -€1,970 | -35.3% |
| Stocks | 30/36 | €5,580 | €3,610 | -€1,970 | -35.3% |
| Amounts receivable within one year | 40/41 | €56,044 | €97,139 | +€41,095 | +73.3% |
| Trade receivables | 40 | €35,316 | €93,170 | +€57,854 | +163.8% |
| Other amounts receivable | 41 | €20,728 | €3,969 | -€16,759 | -80.9% |
| Cash at bank and in hand | 54/58 | €19,444 | €23,616 | +€4,171 | +21.5% |
| Deferred charges and accrued income | 490/1 | €10,000 | €119 | -€9,881 | -98.8% |
| Total equity and liabilities | 10/49 | €288,417 | €127,418 | -€160,999 | -55.8% |
| Equity | 10/15 | -€40,565 | €14,143 | +€54,708 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,965 | €1,743 | +€54,708 | |
| Amounts payable | 17/49 | €328,982 | €113,275 | -€215,706 | -65.6% |
| Amounts payable within one year | 42/48 | €328,982 | €113,275 | -€215,706 | -65.6% |
| Trade debts | 44 | €1,236 | €3,853 | +€2,617 | +211.6% |
| Suppliers | 440/4 | €1,236 | €3,853 | +€2,617 | +211.6% |
| Taxes, remuneration and social security | 45 | €6,610 | €8,737 | +€2,127 | +32.2% |
| Taxes | 450/3 | - | €8,737 | +€8,737 | |
| Remuneration and social security | 454/9 | €6,610 | - | -€6,610 | |
| Other amounts payable | 47/48 | €321,136 | €100,686 | -€220,450 | -68.6% |
| Remuneration, social security and pensions | 62 | €44,647 | €325 | -€44,322 | -99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,235 | €5,149 | -€9,085 | -63.8% |
| Other operating charges | 640/8 | €14,938 | €2,988 | -€11,950 | -80.0% |
| Gross operating margin | 9900 | €77,689 | €10,180 | -€67,509 | -86.9% |
| Operating profit (loss) | 9901 | €3,870 | €1,718 | -€2,151 | -55.6% |
| Financial income | 75/76B | €10 | €233 | +€223 | +2280.5% |
| Recurring financial income | 75 | €10 | €233 | +€223 | +2280.5% |
| Financial charges | 65/66B | €198 | €526 | +€328 | +166.2% |
| Recurring financial charges | 65 | €198 | €526 | +€328 | +166.2% |
| Profit (loss) for the period before taxes | 9903 | €3,682 | €1,426 | -€2,256 | -61.3% |
| Income taxes | 67/77 | - | €653 | +€653 | |
| Profit (loss) for the period | 9904 | €3,682 | €773 | -€2,909 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,682 | €773 | -€2,909 | -79.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.