CUISIKO: 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.
CUISIKO
Largest movements
- Receivables within one year -€50,068
down €50,068 (-29.3%), from €170,996 to €120,929
of which Trade receivables: -€46,354
- Stocks and contracts +€29,272
up €29,272 (+12.4%), from €236,432 to €265,704
- Tangible fixed assets -€23,186
down €23,186 (-28.1%), from €82,578 to €59,391
of which Furniture and vehicles: -€19,350
- Advances received +€34,775
up €34,775 (+39.8%), from €87,326 to €122,100
- Profit (loss) carried forward -€32,888
down €32,888 (-19.1%), from €172,600 to €139,712
- Trade debts -€31,860
down €31,860 (-49.8%), from €63,964 to €32,104
- Reserves -€20,000
down €20,000 (-9.1%), from €219,625 to €199,625
of which Distributable reserves: -€20,000
- Other debts +€19,835
up €19,835 (+425.2%), from €4,665 to €24,500
- Staff costs +€6,521
up €6,521 (+4.8%), from €135,222 to €141,743
- Depreciation -€6,498
down €6,498 (-19.1%), from €34,107 to €27,609
- Financial income +€2,278
up €2,278 (+8.7%), from €26,194 to €28,472
- Gross operating margin -€2,161
down €2,161 (-1.7%), from €127,041 to €124,881
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 | €610,552 | €571,263 | -€39,289 | -6.4% |
| Fixed assets | 21/28 | €82,578 | €59,391 | -€23,186 | -28.1% |
| Tangible fixed assets | 22/27 | €82,578 | €59,391 | -€23,186 | -28.1% |
| Land and buildings | 22 | €4,902 | €3,027 | -€1,876 | -38.3% |
| Plant, machinery and equipment | 23 | €9,972 | €8,011 | -€1,961 | -19.7% |
| Furniture and vehicles | 24 | €67,704 | €48,354 | -€19,350 | -28.6% |
| Current assets | 29/58 | €527,974 | €511,871 | -€16,103 | -3.0% |
| Stocks and contracts in progress | 3 | €236,432 | €265,704 | +€29,272 | +12.4% |
| Stocks | 30/36 | €236,432 | €265,704 | +€29,272 | +12.4% |
| Amounts receivable within one year | 40/41 | €170,996 | €120,929 | -€50,068 | -29.3% |
| Trade receivables | 40 | €157,135 | €110,781 | -€46,354 | -29.5% |
| Other amounts receivable | 41 | €13,862 | €10,148 | -€3,714 | -26.8% |
| Cash at bank and in hand | 54/58 | €92,990 | €97,414 | +€4,425 | +4.8% |
| Deferred charges and accrued income | 490/1 | €27,557 | €27,824 | +€267 | +1.0% |
| Total equity and liabilities | 10/49 | €610,552 | €571,263 | -€39,289 | -6.4% |
| Equity | 10/15 | €404,783 | €351,895 | -€52,888 | -13.1% |
| Contributions | 10/11 | €12,558 | €12,558 | = | 0.0% |
| Reserves | 13 | €219,625 | €199,625 | -€20,000 | -9.1% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €199,000 | €179,000 | -€20,000 | -10.1% |
| Profit (loss) carried forward | 14 | €172,600 | €139,712 | -€32,888 | -19.1% |
| Amounts payable | 17/49 | €205,769 | €219,368 | +€13,599 | +6.6% |
| Amounts payable after more than one year | 17 | €24,469 | €14,236 | -€10,232 | -41.8% |
| Financial debts | 170/4 | €24,469 | €14,236 | -€10,232 | -41.8% |
| Amounts payable within one year | 42/48 | €180,796 | €202,969 | +€22,173 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €9,866 | €10,232 | +€366 | +3.7% |
| Financial debts | 43 | €5,094 | €3,384 | -€1,710 | -33.6% |
| Credit institutions | 430/8 | €5,094 | €3,384 | -€1,710 | -33.6% |
| Trade debts | 44 | €63,964 | €32,104 | -€31,860 | -49.8% |
| Suppliers | 440/4 | €63,964 | €32,104 | -€31,860 | -49.8% |
| Advances received on contracts in progress | 46 | €87,326 | €122,100 | +€34,775 | +39.8% |
| Taxes, remuneration and social security | 45 | €9,882 | €10,649 | +€767 | +7.8% |
| Taxes | 450/3 | €6,390 | €7,040 | +€650 | +10.2% |
| Remuneration and social security | 454/9 | €3,492 | €3,609 | +€117 | +3.4% |
| Other amounts payable | 47/48 | €4,665 | €24,500 | +€19,835 | +425.2% |
| Accrued charges and deferred income | 492/3 | €504 | €2,162 | +€1,658 | +328.8% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €135,222 | €141,743 | +€6,521 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,107 | €27,609 | -€6,498 | -19.1% |
| Other operating charges | 640/8 | €13,543 | €12,906 | -€637 | -4.7% |
| Gross operating margin | 9900 | €127,041 | €124,881 | -€2,161 | -1.7% |
| Operating profit (loss) | 9901 | -€55,830 | -€57,378 | -€1,547 | -2.8% |
| Financial income | 75/76B | €26,194 | €28,472 | +€2,278 | +8.7% |
| Recurring financial income | 75 | €26,194 | €28,472 | +€2,278 | +8.7% |
| Financial charges | 65/66B | €3,682 | €2,675 | -€1,007 | -27.3% |
| Recurring financial charges | 65 | €3,682 | €2,675 | -€1,007 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,318 | -€31,581 | +€1,737 | +5.2% |
| Income taxes | 67/77 | €1,278 | €1,307 | +€29 | +2.3% |
| Profit (loss) for the period | 9904 | -€34,596 | -€32,888 | +€1,708 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,596 | -€32,888 | +€1,708 | +4.9% |
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 2 October 2026 via checked.be.