CISTINE: 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.
CISTINE
Largest movements
- Receivables within one year -€5,929
down €5,929 (-52.0%), from €11,395 to €5,466
- Tangible fixed assets -€5,588
no longer reported in 2025 (was €5,588)
- Profit (loss) carried forward -€5,905
down €5,905 (-10.3%), from -€57,131 to -€63,036
- Other debts -€4,261
down €4,261 (-10.2%), from €41,966 to €37,705
- Trade debts -€1,498
down €1,498 (-39.0%), from €3,838 to €2,340
- Depreciation -€4,018
down €4,018 (-50.0%), from €8,036 to €4,018
- Gross operating margin -€1,583
down €1,583, from €224 to -€1,358
- Financial charges -€511
no longer reported in 2025 (was €511)
- Other operating charges -€169
down €169 (-24.2%), from €697 to €528
- Taxes -€127
no longer reported in 2025 (was €127)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,482 | €6,966 | -€11,517 | -62.3% |
| Fixed assets | 21/28 | €5,588 | - | -€5,588 | |
| Tangible fixed assets | 22/27 | €5,588 | - | -€5,588 | |
| Furniture and vehicles | 24 | €5,588 | - | -€5,588 | |
| Current assets | 29/58 | €12,895 | €6,966 | -€5,929 | -46.0% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,395 | €5,466 | -€5,929 | -52.0% |
| Trade receivables | 40 | €11,395 | €5,466 | -€5,929 | -52.0% |
| Total equity and liabilities | 10/49 | €18,482 | €6,966 | -€11,517 | -62.3% |
| Equity | 10/15 | -€42,531 | -€48,436 | -€5,905 | -13.9% |
| Contributions | 10/11 | €14,600 | €14,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,131 | -€63,036 | -€5,905 | -10.3% |
| Amounts payable | 17/49 | €61,014 | €55,402 | -€5,612 | -9.2% |
| Amounts payable within one year | 42/48 | €61,014 | €55,402 | -€5,612 | -9.2% |
| Financial debts | 43 | €14,609 | €14,609 | = | 0.0% |
| Credit institutions | 430/8 | €14,609 | €14,609 | = | 0.0% |
| Trade debts | 44 | €3,838 | €2,340 | -€1,498 | -39.0% |
| Suppliers | 440/4 | €3,838 | €2,340 | -€1,498 | -39.0% |
| Taxes, remuneration and social security | 45 | €600 | €748 | +€148 | +24.6% |
| Taxes | 450/3 | €600 | €748 | +€148 | +24.6% |
| Other amounts payable | 47/48 | €41,966 | €37,705 | -€4,261 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,036 | €4,018 | -€4,018 | -50.0% |
| Other operating charges | 640/8 | €697 | €528 | -€169 | -24.2% |
| Gross operating margin | 9900 | €224 | -€1,358 | -€1,583 | |
| Operating profit (loss) | 9901 | -€8,509 | -€5,905 | +€2,604 | +30.6% |
| Financial charges | 65/66B | €511 | - | -€511 | |
| Recurring financial charges | 65 | €511 | - | -€511 | |
| Profit (loss) for the period before taxes | 9903 | -€9,020 | -€5,905 | +€3,115 | +34.5% |
| Income taxes | 67/77 | €127 | - | -€127 | |
| Profit (loss) for the period | 9904 | -€9,147 | -€5,905 | +€3,242 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,147 | -€5,905 | +€3,242 | +35.4% |
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 16 October 2026 via checked.be.