CISINVEST: 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.
CISINVEST
Largest movements
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Cash +€51,230
up €51,230 (+495%), from €10,343 to €61,573
mainly Current investments (+€200,000) and Other debts (+€45,390)
- Reserves -€202,021
down €202,021 (-62.5%), from €323,036 to €121,015
of which Distributable reserves: -€187,704
- Other debts +€45,390
new in 2025: €45,390
- Financial income -€135,175
down €135,175 (-97.1%), from €139,276 to €4,102
- Taxes -€13,191
down €13,191 (-98.0%), from €13,455 to €264
- Other operating charges +€2,132
up €2,132 (+220%), from €968 to €3,100
- Financial charges -€1,996
down €1,996 (-93.4%), from €2,136 to €140
- Gross operating margin -€1,585
down €1,585 (-35.3%), from €4,488 to €2,903
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 | €1,912,893 | €1,761,823 | -€151,070 | -7.9% |
| Fixed assets | 21/28 | €1,700,000 | €1,700,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,700,000 | €1,700,000 | = | 0.0% |
| Current assets | 29/58 | €212,893 | €61,823 | -€151,070 | -71.0% |
| Amounts receivable within one year | 40/41 | €2,550 | €250 | -€2,300 | -90.2% |
| Trade receivables | 40 | €2,000 | - | -€2,000 | |
| Other amounts receivable | 41 | €550 | €250 | -€300 | -54.5% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €10,343 | €61,573 | +€51,230 | +495% |
| Total equity and liabilities | 10/49 | €1,912,893 | €1,761,823 | -€151,070 | -7.9% |
| Equity | 10/15 | €1,898,161 | €1,696,140 | -€202,021 | -10.6% |
| Contributions | 10/11 | €1,575,125 | €1,575,125 | = | 0.0% |
| Reserves | 13 | €323,036 | €121,015 | -€202,021 | -62.5% |
| Non-distributable reserves | 130/1 | €14,317 | - | -€14,317 | |
| Reserves not available under the articles | 1311 | €14,317 | - | -€14,317 | |
| Distributable reserves | 133 | €308,720 | €121,015 | -€187,704 | -60.8% |
| Amounts payable | 17/49 | €14,732 | €65,683 | +€50,951 | +346% |
| Amounts payable within one year | 42/48 | €14,732 | €65,683 | +€50,951 | +346% |
| Trade debts | 44 | €253 | €1,684 | +€1,431 | +565% |
| Suppliers | 440/4 | €253 | €1,684 | +€1,431 | +565% |
| Taxes, remuneration and social security | 45 | €14,479 | €18,609 | +€4,130 | +28.5% |
| Taxes | 450/3 | €14,479 | €18,609 | +€4,130 | +28.5% |
| Other amounts payable | 47/48 | - | €45,390 | +€45,390 | |
| Other operating charges | 640/8 | €968 | €3,100 | +€2,132 | +220% |
| Gross operating margin | 9900 | €4,488 | €2,903 | -€1,585 | -35.3% |
| Operating profit (loss) | 9901 | €3,520 | -€197 | -€3,717 | |
| Financial income | 75/76B | €139,276 | €4,102 | -€135,175 | -97.1% |
| Recurring financial income | 75 | €139,276 | €4,102 | -€135,175 | -97.1% |
| Financial charges | 65/66B | €2,136 | €140 | -€1,996 | -93.4% |
| Recurring financial charges | 65 | €2,136 | €140 | -€1,996 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €140,660 | €3,765 | -€136,896 | -97.3% |
| Income taxes | 67/77 | €13,455 | €264 | -€13,191 | -98.0% |
| Profit (loss) for the period | 9904 | €127,205 | €3,500 | -€123,705 | -97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €127,205 | €3,500 | -€123,705 | -97.2% |
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 29 October 2026 via checked.be.