Civemza: 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.
Civemza
Largest movements
- Cash +€21,392
up €21,392 (+2761.3%), from €775 to €22,166
mainly Net result for the year (+€26,490) and Tax, wage and social debts (+€11,480)
- Receivables within one year +€5,177
up €5,177 (+28.5%), from €18,150 to €23,327
of which Other amounts receivable: +€3,907
- Reserves +€26,490
up €26,490 (+8830.0%), from €300 to €26,790
- Tax, wage and social debts +€11,480
up €11,480 (+157.9%), from €7,272 to €18,753
- Other debts -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Trade debts -€1,439
down €1,439 (-42.1%), from €3,421 to €1,982
- Gross operating margin +€35,371
up €35,371 (+4919.2%), from €719 to €36,090
- Taxes +€7,827
up €7,827 (+5812.6%), from €135 to €7,962
- Depreciation +€788
up €788 (+1246.9%), from €63 to €851
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 | €21,495 | €48,026 | +€26,531 | +123.4% |
| Fixed assets | 21/28 | €2,570 | €2,533 | -€37 | -1.5% |
| Tangible fixed assets | 22/27 | €2,570 | €2,533 | -€37 | -1.5% |
| Plant, machinery and equipment | 23 | €1,225 | €1,640 | +€416 | +33.9% |
| Furniture and vehicles | 24 | €1,345 | €892 | -€453 | -33.7% |
| Current assets | 29/58 | €18,925 | €45,493 | +€26,569 | +140.4% |
| Amounts receivable within one year | 40/41 | €18,150 | €23,327 | +€5,177 | +28.5% |
| Trade receivables | 40 | €18,150 | €19,420 | +€1,270 | +7.0% |
| Other amounts receivable | 41 | - | €3,907 | +€3,907 | |
| Cash at bank and in hand | 54/58 | €775 | €22,166 | +€21,392 | +2761.3% |
| Total equity and liabilities | 10/49 | €21,495 | €48,026 | +€26,531 | +123.4% |
| Equity | 10/15 | €801 | €27,291 | +€26,490 | +3307.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €300 | €26,790 | +€26,490 | +8830.0% |
| Distributable reserves | 133 | €300 | €26,790 | +€26,490 | +8830.0% |
| Profit (loss) carried forward | 14 | €1 | €1 | +€0 | +24.7% |
| Amounts payable | 17/49 | €20,694 | €20,735 | +€41 | +0.2% |
| Amounts payable within one year | 42/48 | €20,694 | €20,735 | +€41 | +0.2% |
| Trade debts | 44 | €3,421 | €1,982 | -€1,439 | -42.1% |
| Suppliers | 440/4 | €3,421 | €1,982 | -€1,439 | -42.1% |
| Taxes, remuneration and social security | 45 | €7,272 | €18,753 | +€11,480 | +157.9% |
| Taxes | 450/3 | €7,272 | €18,753 | +€11,480 | +157.9% |
| Other amounts payable | 47/48 | €10,000 | €0 | -€10,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63 | €851 | +€788 | +1246.9% |
| Other operating charges | 640/8 | €387 | €690 | +€303 | +78.2% |
| Gross operating margin | 9900 | €719 | €36,090 | +€35,371 | +4919.2% |
| Operating profit (loss) | 9901 | €268 | €34,549 | +€34,280 | +12768.2% |
| Financial income | 75/76B | €165 | €3 | -€162 | -98.2% |
| Recurring financial income | 75 | €165 | €3 | -€162 | -98.2% |
| Financial charges | 65/66B | -€2 | €100 | +€102 | |
| Recurring financial charges | 65 | -€2 | €100 | +€102 | |
| Profit (loss) for the period before taxes | 9903 | €436 | €34,452 | +€34,017 | +7810.7% |
| Income taxes | 67/77 | €135 | €7,962 | +€7,827 | +5812.6% |
| Profit (loss) for the period | 9904 | €301 | €26,490 | +€26,189 | +8705.1% |
| Profit (loss) for the period to be appropriated | 9905 | €301 | €26,490 | +€26,189 | +8705.1% |
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 8 October 2026 via checked.be.