CISKON: 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.
CISKON
Largest movements
- Tangible fixed assets +€365,324
up €365,324 (+52.6%), from €694,384 to €1.1m
of which Land and buildings: +€387,180
- Cash -€204,269
down €204,269 (-93.2%), from €219,250 to €14,981
mainly Investment in fixed assets (net) (-€394,008) and Debts after one year (-€52,519)
- Receivables within one year -€18,279
down €18,279 (-37.4%), from €48,909 to €30,630
of which Other amounts receivable: -€22,084
- Reserves +€118,444
up €118,444 (+28.4%), from €416,711 to €535,156
of which Distributable reserves: +€118,444
- Debts after one year -€52,519
down €52,519 (-11.4%), from €459,733 to €407,214
- Other debts +€44,579
up €44,579 (+386.0%), from €11,549 to €56,128
- Tax, wage and social debts +€27,287
up €27,287 (+191.2%), from €14,273 to €41,560
of which Taxes: +€27,262
- Gross operating margin +€52,387
up €52,387 (+32.9%), from €159,042 to €211,429
- Taxes +€49,287
up €49,287 (+2972.2%), from €1,658 to €50,945
- Depreciation +€4,541
up €4,541 (+18.8%), from €24,143 to €28,683
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €966,222 | €1,107,685 | +€141,464 | +14.6% |
| Fixed assets | 21/28 | €694,384 | €1,059,708 | +€365,324 | +52.6% |
| Tangible fixed assets | 22/27 | €694,384 | €1,059,708 | +€365,324 | +52.6% |
| Land and buildings | 22 | €628,334 | €1,015,514 | +€387,180 | +61.6% |
| Plant, machinery and equipment | 23 | €501 | €445 | -€55 | -11.0% |
| Furniture and vehicles | 24 | €65,550 | €43,749 | -€21,800 | -33.3% |
| Current assets | 29/58 | €271,838 | €47,977 | -€223,861 | -82.4% |
| Amounts receivable within one year | 40/41 | €48,909 | €30,630 | -€18,279 | -37.4% |
| Trade receivables | 40 | €24,852 | €28,657 | +€3,805 | +15.3% |
| Other amounts receivable | 41 | €24,057 | €1,972 | -€22,084 | -91.8% |
| Cash at bank and in hand | 54/58 | €219,250 | €14,981 | -€204,269 | -93.2% |
| Deferred charges and accrued income | 490/1 | €3,680 | €2,367 | -€1,313 | -35.7% |
| Total equity and liabilities | 10/49 | €966,222 | €1,107,685 | +€141,464 | +14.6% |
| Equity | 10/15 | €426,976 | €547,556 | +€120,579 | +28.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €416,711 | €535,156 | +€118,444 | +28.4% |
| Tax-exempt reserves | 132 | €930 | €930 | = | 0.0% |
| Distributable reserves | 133 | €415,781 | €534,226 | +€118,444 | +28.5% |
| Profit (loss) carried forward | 14 | -€2,135 | €0 | +€2,135 | |
| Amounts payable | 17/49 | €539,246 | €560,130 | +€20,884 | +3.9% |
| Amounts payable after more than one year | 17 | €459,733 | €407,214 | -€52,519 | -11.4% |
| Financial debts | 170/4 | €459,733 | €407,214 | -€52,519 | -11.4% |
| Amounts payable within one year | 42/48 | €78,682 | €151,937 | +€73,255 | +93.1% |
| Current portion of amounts payable after more than one year | 42 | €51,615 | €52,519 | +€904 | +1.8% |
| Financial debts | 43 | €289 | €10 | -€279 | -96.5% |
| Credit institutions | 430/8 | €289 | €10 | -€279 | -96.5% |
| Trade debts | 44 | €956 | €1,720 | +€764 | +79.9% |
| Suppliers | 440/4 | €956 | €1,720 | +€764 | +79.9% |
| Taxes, remuneration and social security | 45 | €14,273 | €41,560 | +€27,287 | +191.2% |
| Taxes | 450/3 | €12,191 | €39,454 | +€27,262 | +223.6% |
| Remuneration and social security | 454/9 | €2,082 | €2,106 | +€25 | +1.2% |
| Other amounts payable | 47/48 | €11,549 | €56,128 | +€44,579 | +386.0% |
| Accrued charges and deferred income | 492/3 | €831 | €979 | +€148 | +17.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,143 | €28,683 | +€4,541 | +18.8% |
| Other operating charges | 640/8 | €2,743 | €1,393 | -€1,349 | -49.2% |
| Non-recurring operating charges | 66A | €127,273 | €0 | -€127,273 | -100.0% |
| Gross operating margin | 9900 | €159,042 | €211,429 | +€52,387 | +32.9% |
| Operating profit (loss) | 9901 | €4,883 | €181,352 | +€176,469 | +3613.7% |
| Financial income | 75/76B | €3,345 | €1,849 | -€1,496 | -44.7% |
| Recurring financial income | 75 | €3,345 | €1,849 | -€1,496 | -44.7% |
| Financial charges | 65/66B | €8,705 | €7,677 | -€1,028 | -11.8% |
| Recurring financial charges | 65 | €8,705 | €7,677 | -€1,028 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€477 | €175,524 | +€176,001 | |
| Income taxes | 67/77 | €1,658 | €50,945 | +€49,287 | +2972.2% |
| Profit (loss) for the period | 9904 | -€2,135 | €124,579 | +€126,714 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,135 | €124,579 | +€126,714 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.