CnI: 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.
CnI
Largest movements
- Cash -€575,957
down €575,957 (-87.8%), from €655,829 to €79,872
mainly Contributions, distributions and other (-€822,414) and Debts after one year (-€37,563)
- Receivables within one year -€90,575
down €90,575 (-92.6%), from €97,760 to €7,186
of which Other amounts receivable: -€97,760
- Profit (loss) carried forward -€800,995
down €800,995 (-76.0%), from €1.1m to €252,302
- Other debts +€164,400
up €164,400 (+547,999%), from €30 to €164,430
- Debts after one year -€37,563
down €37,563 (-8.2%), from €456,587 to €419,024
- Other operating charges +€2,978
up €2,978 (+681%), from €437 to €3,415
- Gross operating margin -€1,566
down €1,566 (-2.3%), from €68,334 to €66,768
- Taxes -€867
down €867 (-16.1%), from €5,392 to €4,525
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 | €1,594,513 | €917,819 | -€676,693 | -42.4% |
| Fixed assets | 21/28 | €840,923 | €829,954 | -€10,970 | -1.3% |
| Tangible fixed assets | 22/27 | €840,923 | €829,954 | -€10,970 | -1.3% |
| Land and buildings | 22 | €824,563 | €817,683 | -€6,880 | -0.8% |
| Plant, machinery and equipment | 23 | €16,360 | €12,270 | -€4,090 | -25.0% |
| Current assets | 29/58 | €753,589 | €87,866 | -€665,724 | -88.3% |
| Amounts receivable within one year | 40/41 | €97,760 | €7,186 | -€90,575 | -92.6% |
| Trade receivables | 40 | - | €7,186 | +€7,186 | |
| Other amounts receivable | 41 | €97,760 | €0 | -€97,760 | -100% |
| Cash at bank and in hand | 54/58 | €655,829 | €79,872 | -€575,957 | -87.8% |
| Deferred charges and accrued income | 490/1 | - | €808 | +€808 | |
| Total equity and liabilities | 10/49 | €1,594,513 | €917,819 | -€676,693 | -42.4% |
| Equity | 10/15 | €1,091,171 | €286,879 | -€804,292 | -73.7% |
| Contributions | 10/11 | €32,970 | €32,970 | = | 0.0% |
| Reserves | 13 | €4,904 | €1,607 | -€3,297 | -67.2% |
| Tax-exempt reserves | 132 | €1,607 | €1,607 | = | 0.0% |
| Distributable reserves | 133 | €3,297 | €0 | -€3,297 | -100% |
| Profit (loss) carried forward | 14 | €1,053,296 | €252,302 | -€800,995 | -76.0% |
| Amounts payable | 17/49 | €503,342 | €630,940 | +€127,598 | +25.4% |
| Amounts payable after more than one year | 17 | €456,587 | €419,024 | -€37,563 | -8.2% |
| Financial debts | 170/4 | €456,587 | €419,024 | -€37,563 | -8.2% |
| Amounts payable within one year | 42/48 | €46,755 | €211,916 | +€165,161 | +353% |
| Current portion of amounts payable after more than one year | 42 | €36,952 | €37,563 | +€612 | +1.7% |
| Trade debts | 44 | €2,578 | €4,058 | +€1,480 | +57.4% |
| Suppliers | 440/4 | €2,578 | €4,058 | +€1,480 | +57.4% |
| Taxes, remuneration and social security | 45 | €7,196 | €5,866 | -€1,330 | -18.5% |
| Taxes | 450/3 | €7,196 | €5,866 | -€1,330 | -18.5% |
| Other amounts payable | 47/48 | €30 | €164,430 | +€164,400 | +547,999% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,225 | €32,356 | +€131 | +0.4% |
| Other operating charges | 640/8 | €437 | €3,415 | +€2,978 | +681% |
| Gross operating margin | 9900 | €68,334 | €66,768 | -€1,566 | -2.3% |
| Operating profit (loss) | 9901 | €35,672 | €30,997 | -€4,675 | -13.1% |
| Financial charges | 65/66B | €8,712 | €8,349 | -€364 | -4.2% |
| Recurring financial charges | 65 | €8,712 | €8,349 | -€364 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €26,959 | €22,648 | -€4,311 | -16.0% |
| Income taxes | 67/77 | €5,392 | €4,525 | -€867 | -16.1% |
| Profit (loss) for the period | 9904 | €21,567 | €18,123 | -€3,445 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,567 | €18,123 | -€3,445 | -16.0% |
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 17 October 2026 via checked.be.