CIVANA: what changed
What changed
CIVANA
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.6m-€577,071
Equity
€10.9m
2024 · €9.9m+€1.0m
Cash
€7.8m
2024 · €1.1m+€6.7m
Balance sheet total
€12.5m
2024 · €11.4m+€1.1m
Largest movements
Assets
- Cash +€6.7m
up €6.7m (+633%), from €1.1m to €7.8m
mainly Investment in fixed assets (net) (+€6.3m) and Net result for the year (+€1.0m)
- Financial fixed assets -€6.6m
down €6.6m (-91.7%), from €7.2m to €600,000
- Receivables after one year +€715,101
new in 2025: €715,101
- Tangible fixed assets +€239,647
up €239,647 (+7.8%), from €3.1m to €3.3m
of which Other tangible fixed assets: +€588,304
Equity and liabilities
- Profit (loss) carried forward +€1.0m
up €1.0m (+54.0%), from €1.9m to €3.0m
Income statement
- Financial income -€539,088
down €539,088 (-32.3%), from €1.7m to €1.1m
- Turnover -€43,464
down €43,464 (-19.4%), from €224,217 to €180,752
- Depreciation -€23,593
down €23,593 (-23.8%), from €99,266 to €75,673
- Services and other goods +€11,673
up €11,673 (+8.6%), from €135,865 to €147,538
- Financial charges +€5,393
up €5,393 (+5.3%), from €102,037 to €107,430
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.6m
Turnover
-€43,464
Other operating income
+€1,491
Goods and materials
+€985
Services and other goods
-€11,673
Staff costs
-€49
Depreciation
+€23,593
Other operating charges
-€4,222
Financial income
-€539,088
Financial charges
-€5,393
Taxes
+€750
Result 2025
€1.0m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€419,546
Investment
+€6.3m
Financing
+€2,800
Cash 2024
€1.1m
From operations (derived)
+€419,546
Net result for the year
+€1.0m
Depreciation
+€75,673
Receivables after one year
-€715,101
Smaller working-capital items
-€2,537
Receivables within one year
-€46,012
Other debts
+€58,028
Investment (derived)
+€6.3m
Investment in fixed assets (net)
+€6.3m
Financing
+€2,800
Debts after one year
+€2,800
Cash 2025
€7.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,437,027 | €12,543,233 | +€1.1m | +9.7% |
| Fixed assets | 21/28 | €10,312,777 | €3,920,973 | -€6.4m | -62.0% |
| Tangible fixed assets | 22/27 | €3,081,327 | €3,320,973 | +€239,647 | +7.8% |
| Land and buildings | 22 | €589,474 | €568,234 | -€21,240 | -3.6% |
| Plant, machinery and equipment | 23 | €11,238 | €14,009 | +€2,771 | +24.7% |
| Furniture and vehicles | 24 | €23,532 | €45,904 | +€22,372 | +95.1% |
| Other tangible fixed assets | 26 | €2,104,523 | €2,692,827 | +€588,304 | +28.0% |
| Assets under construction and advance payments | 27 | €352,561 | - | -€352,561 | |
| Financial fixed assets | 28 | €7,231,450 | €600,000 | -€6.6m | -91.7% |
| Affiliated companies | 280/1 | €7,231,450 | €600,000 | -€6.6m | -91.7% |
| Participating interests | 280 | €7,231,450 | €600,000 | -€6.6m | -91.7% |
| Current assets | 29/58 | €1,124,250 | €8,622,260 | +€7.5m | +667% |
| Amounts receivable after more than one year | 29 | - | €715,101 | +€715,101 | |
| Other amounts receivable | 291 | - | €715,101 | +€715,101 | |
| Stocks and contracts in progress | 3 | - | €800 | +€800 | |
| Stocks | 30/36 | - | €800 | +€800 | |
| Goods purchased for resale | 34 | - | €800 | +€800 | |
| Amounts receivable within one year | 40/41 | €50,921 | €96,933 | +€46,012 | +90.4% |
| Trade receivables | 40 | €36,010 | €23,888 | -€12,122 | -33.7% |
| Other amounts receivable | 41 | €14,911 | €73,045 | +€58,134 | +390% |
| Cash at bank and in hand | 54/58 | €1,064,671 | €7,803,148 | +€6.7m | +633% |
| Deferred charges and accrued income | 490/1 | €8,658 | €6,278 | -€2,380 | -27.5% |
| Total equity and liabilities | 10/49 | €11,437,027 | €12,543,233 | +€1.1m | +9.7% |
| Equity | 10/15 | €9,896,857 | €10,946,351 | +€1.0m | +10.6% |
| Contributions | 10/11 | €7,451,350 | €7,451,350 | = | 0.0% |
| Reserves | 13 | €502,098 | €502,098 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €483,348 | €483,348 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,943,408 | €2,992,903 | +€1.0m | +54.0% |
| Amounts payable | 17/49 | €1,540,170 | €1,596,882 | +€56,711 | +3.7% |
| Amounts payable after more than one year | 17 | - | €2,800 | +€2,800 | |
| Other amounts payable | 178/9 | - | €2,800 | +€2,800 | |
| Amounts payable within one year | 42/48 | €1,540,170 | €1,592,682 | +€52,511 | +3.4% |
| Trade debts | 44 | €24,959 | €15,838 | -€9,120 | -36.5% |
| Suppliers | 440/4 | €24,959 | €15,838 | -€9,120 | -36.5% |
| Advances received on contracts in progress | 46 | €4,000 | €4,900 | +€900 | +22.5% |
| Taxes, remuneration and social security | 45 | €34,206 | €36,910 | +€2,704 | +7.9% |
| Taxes | 450/3 | €34,206 | €36,910 | +€2,704 | +7.9% |
| Other amounts payable | 47/48 | €1,477,005 | €1,535,033 | +€58,028 | +3.9% |
| Accrued charges and deferred income | 492/3 | - | €1,400 | +€1,400 | |
| Operating income | 70/76A | €313,805 | €271,831 | -€41,974 | -13.4% |
| Turnover | 70 | €224,217 | €180,752 | -€43,464 | -19.4% |
| Other operating income | 74 | €89,588 | €91,079 | +€1,491 | +1.7% |
| Operating charges | 60/66A | €253,179 | €244,545 | -€8,634 | -3.4% |
| Goods for resale, raw materials and consumables | 60 | €5,869 | €4,885 | -€985 | -16.8% |
| Purchases | 600/8 | €5,869 | €5,685 | -€185 | -3.1% |
| Change in stocks: decrease (increase) | 609 | - | -€800 | -€800 | |
| Services and other goods | 61 | €135,865 | €147,538 | +€11,673 | +8.6% |
| Remuneration, social security and pensions | 62 | €341 | €389 | +€49 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,266 | €75,673 | -€23,593 | -23.8% |
| Other operating charges | 640/8 | €11,837 | €16,059 | +€4,222 | +35.7% |
| Operating profit (loss) | 9901 | €60,626 | €27,287 | -€33,340 | -55.0% |
| Financial income | 75/76B | €1,668,726 | €1,129,638 | -€539,088 | -32.3% |
| Recurring financial income | 75 | €1,668,726 | €1,129,638 | -€539,088 | -32.3% |
| Income from financial fixed assets | 750 | €1,664,726 | €520,222 | -€1.1m | -68.8% |
| Income from current assets | 751 | - | €37,488 | +€37,488 | |
| Other financial income | 752/9 | €4,000 | €571,928 | +€567,928 | +14,198% |
| Financial charges | 65/66B | €102,037 | €107,430 | +€5,393 | +5.3% |
| Recurring financial charges | 65 | €102,037 | €107,430 | +€5,393 | +5.3% |
| Debt charges | 650 | €101,692 | €106,692 | +€5,001 | +4.9% |
| Other financial charges | 652/9 | €345 | €738 | +€392 | +114% |
| Profit (loss) for the period before taxes | 9903 | €1,627,316 | €1,049,495 | -€577,821 | -35.5% |
| Income taxes | 67/77 | €750 | - | -€750 | |
| Taxes | 670/3 | €750 | - | -€750 | |
| Profit (loss) for the period | 9904 | €1,626,566 | €1,049,495 | -€577,071 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,626,566 | €1,049,495 | -€577,071 | -35.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.