CUNEIFORME: 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.
CUNEIFORME
Largest movements
- Tangible fixed assets -€26,030
down €26,030 (-8.1%), from €323,177 to €297,147
of which Land and buildings: -€23,640
- Cash +€9,376
up €9,376 (+9.4%), from €99,785 to €109,161
mainly Depreciation (+€26,029) and Net result for the year (+€3,306)
- Debts after one year -€11,379
down €11,379 (-10.8%), from €105,162 to €93,783
of which Financial debts: -€9,761
- Gross operating margin -€6,693
down €6,693 (-17.4%), from €38,365 to €31,672
- Taxes -€2,491
down €2,491 (-57.1%), from €4,361 to €1,870
- Financial income -€709
down €709 (-12.4%), from €5,735 to €5,026
- Other operating charges -€657
down €657 (-14.2%), from €4,627 to €3,970
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 | €510,973 | €501,173 | -€9,800 | -1.9% |
| Fixed assets | 21/28 | €323,177 | €297,147 | -€26,030 | -8.1% |
| Tangible fixed assets | 22/27 | €323,177 | €297,147 | -€26,030 | -8.1% |
| Land and buildings | 22 | €320,787 | €297,147 | -€23,640 | -7.4% |
| Plant, machinery and equipment | 23 | €162 | - | -€162 | |
| Furniture and vehicles | 24 | €2,228 | - | -€2,228 | |
| Current assets | 29/58 | €187,796 | €204,026 | +€16,230 | +8.6% |
| Amounts receivable within one year | 40/41 | €3,098 | €6,931 | +€3,833 | +124% |
| Trade receivables | 40 | €1,808 | €3,566 | +€1,758 | +97.2% |
| Other amounts receivable | 41 | €1,290 | €3,365 | +€2,075 | +161% |
| Current investments | 50/53 | €83,599 | €86,986 | +€3,387 | +4.1% |
| Cash at bank and in hand | 54/58 | €99,785 | €109,161 | +€9,376 | +9.4% |
| Deferred charges and accrued income | 490/1 | €1,314 | €948 | -€366 | -27.9% |
| Total equity and liabilities | 10/49 | €510,973 | €501,173 | -€9,800 | -1.9% |
| Equity | 10/15 | €381,526 | €384,832 | +€3,306 | +0.9% |
| Contributions | 10/11 | €171,592 | €171,592 | = | 0.0% |
| Reserves | 13 | €207,035 | €210,235 | +€3,200 | +1.5% |
| Non-distributable reserves | 130/1 | €9,184 | €9,184 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,184 | €9,184 | = | 0.0% |
| Distributable reserves | 133 | €197,851 | €201,051 | +€3,200 | +1.6% |
| Profit (loss) carried forward | 14 | €2,899 | €3,005 | +€106 | +3.7% |
| Amounts payable | 17/49 | €129,447 | €116,341 | -€13,106 | -10.1% |
| Amounts payable after more than one year | 17 | €105,162 | €93,783 | -€11,379 | -10.8% |
| Financial debts | 170/4 | €103,544 | €93,783 | -€9,761 | -9.4% |
| Other amounts payable | 178/9 | €1,618 | - | -€1,618 | |
| Amounts payable within one year | 42/48 | €24,285 | €22,558 | -€1,727 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €9,654 | €9,761 | +€107 | +1.1% |
| Trade debts | 44 | - | €434 | +€434 | |
| Suppliers | 440/4 | - | €434 | +€434 | |
| Taxes, remuneration and social security | 45 | €872 | - | -€872 | |
| Taxes | 450/3 | €872 | - | -€872 | |
| Other amounts payable | 47/48 | €13,759 | €12,363 | -€1,396 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,383 | €26,029 | -€354 | -1.3% |
| Other operating charges | 640/8 | €4,627 | €3,970 | -€657 | -14.2% |
| Gross operating margin | 9900 | €38,365 | €31,672 | -€6,693 | -17.4% |
| Operating profit (loss) | 9901 | €7,355 | €1,673 | -€5,682 | -77.3% |
| Financial income | 75/76B | €5,735 | €5,026 | -€709 | -12.4% |
| Recurring financial income | 75 | €5,735 | €5,026 | -€709 | -12.4% |
| Financial charges | 65/66B | €1,743 | €1,523 | -€220 | -12.6% |
| Recurring financial charges | 65 | €1,743 | €1,523 | -€220 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €11,347 | €5,176 | -€6,171 | -54.4% |
| Income taxes | 67/77 | €4,361 | €1,870 | -€2,491 | -57.1% |
| Profit (loss) for the period | 9904 | €6,986 | €3,306 | -€3,680 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,986 | €3,306 | -€3,680 | -52.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.