CISENZO: 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.
CISENZO
Largest movements
- Receivables within one year -€21,948
down €21,948 (-99.2%), from €22,116 to €168
of which Trade receivables: -€16,273
- Advances received -€19,876
no longer reported in 2025 (was €19,876)
- Profit (loss) carried forward +€4,002
up €4,002 (+20.7%), from -€19,326 to -€15,324
- Tax, wage and social debts -€3,289
down €3,289 (-49.9%), from €6,591 to €3,302
- Other debts -€3,245
down €3,245 (-22.9%), from €14,183 to €10,938
- Trade debts +€413
new in 2025: €413
- Gross operating margin +€5,853
up €5,853 (+332%), from €1,761 to €7,615
- Taxes +€1,032
up €1,032 (+65.1%), from €1,586 to €2,618
- Other operating charges +€735
up €735 (+639%), from €115 to €850
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 | €29,380 | €7,384 | -€21,995 | -74.9% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €28,880 | €6,884 | -€21,995 | -76.2% |
| Amounts receivable within one year | 40/41 | €22,116 | €168 | -€21,948 | -99.2% |
| Trade receivables | 40 | €16,427 | €154 | -€16,273 | -99.1% |
| Other amounts receivable | 41 | €5,689 | €14 | -€5,675 | -99.7% |
| Cash at bank and in hand | 54/58 | €6,764 | €6,716 | -€48 | -0.7% |
| Total equity and liabilities | 10/49 | €29,380 | €7,384 | -€21,995 | -74.9% |
| Equity | 10/15 | -€11,271 | -€7,269 | +€4,002 | +35.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,326 | -€15,324 | +€4,002 | +20.7% |
| Amounts payable | 17/49 | €40,651 | €14,653 | -€25,998 | -64.0% |
| Amounts payable within one year | 42/48 | €40,651 | €14,653 | -€25,998 | -64.0% |
| Trade debts | 44 | - | €413 | +€413 | |
| Suppliers | 440/4 | - | €413 | +€413 | |
| Advances received on contracts in progress | 46 | €19,876 | - | -€19,876 | |
| Taxes, remuneration and social security | 45 | €6,591 | €3,302 | -€3,289 | -49.9% |
| Taxes | 450/3 | €6,591 | €3,302 | -€3,289 | -49.9% |
| Other amounts payable | 47/48 | €14,183 | €10,938 | -€3,245 | -22.9% |
| Other operating charges | 640/8 | €115 | €850 | +€735 | +639% |
| Gross operating margin | 9900 | €1,761 | €7,615 | +€5,853 | +332% |
| Operating profit (loss) | 9901 | €1,646 | €6,765 | +€5,119 | +311% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €112 | €148 | +€35 | +31.6% |
| Recurring financial charges | 65 | €112 | €148 | +€35 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €1,534 | €6,620 | +€5,086 | +332% |
| Income taxes | 67/77 | €1,586 | €2,618 | +€1,032 | +65.1% |
| Profit (loss) for the period | 9904 | -€51 | €4,002 | +€4,054 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51 | €4,002 | +€4,054 |
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 26 October 2026 via checked.be.