FD-CIBO: 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.
FD-CIBO
Largest movements
- Cash +€118,922
up €118,922 (+121%), from €98,244 to €217,166
mainly Net result for the year (+€183,540) and Deferred charges and accrued income (+€19,214)
- Deferred charges and accrued income -€19,214
down €19,214 (-84.3%), from €22,791 to €3,577
- Tangible fixed assets +€17,616
up €17,616 (+314%), from €5,603 to €23,218
of which Furniture and vehicles: +€14,480
- Receivables within one year -€17,213
down €17,213 (-8.2%), from €210,536 to €193,323
of which Trade receivables: -€10,319
- Reserves +€183,540
up €183,540 (+34.7%), from €529,041 to €712,582
- Debts after one year -€80,169
down €80,169 (-27.7%), from €288,901 to €208,731
of which Financial debts: -€75,169
- Other debts +€13,323
up €13,323 (+31,216%), from €43 to €13,366
- Trade debts -€11,902
down €11,902 (-85.6%), from €13,911 to €2,009
- Gross operating margin -€13,567
down €13,567 (-17.2%), from €78,674 to €65,107
- Taxes -€2,966
down €2,966 (-14.3%), from €20,745 to €17,779
- Financial charges +€1,457
up €1,457 (+16.9%), from €8,602 to €10,059
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 | €937,174 | €1,037,284 | +€100,111 | +10.7% |
| Fixed assets | 21/28 | €605,603 | €623,218 | +€17,616 | +2.9% |
| Tangible fixed assets | 22/27 | €5,603 | €23,218 | +€17,616 | +314% |
| Land and buildings | 22 | - | €3,136 | +€3,136 | |
| Furniture and vehicles | 24 | €5,603 | €20,082 | +€14,480 | +258% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €331,571 | €414,066 | +€82,495 | +24.9% |
| Amounts receivable within one year | 40/41 | €210,536 | €193,323 | -€17,213 | -8.2% |
| Trade receivables | 40 | €47,099 | €36,780 | -€10,319 | -21.9% |
| Other amounts receivable | 41 | €163,438 | €156,543 | -€6,894 | -4.2% |
| Cash at bank and in hand | 54/58 | €98,244 | €217,166 | +€118,922 | +121% |
| Deferred charges and accrued income | 490/1 | €22,791 | €3,577 | -€19,214 | -84.3% |
| Total equity and liabilities | 10/49 | €937,174 | €1,037,284 | +€100,111 | +10.7% |
| Equity | 10/15 | €535,041 | €718,582 | +€183,540 | +34.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €529,041 | €712,582 | +€183,540 | +34.7% |
| Distributable reserves | 133 | €529,041 | €712,582 | +€183,540 | +34.7% |
| Amounts payable | 17/49 | €402,132 | €318,703 | -€83,430 | -20.7% |
| Amounts payable after more than one year | 17 | €288,901 | €208,731 | -€80,169 | -27.7% |
| Financial debts | 170/4 | €248,901 | €173,731 | -€75,169 | -30.2% |
| Other amounts payable | 178/9 | €40,000 | €35,000 | -€5,000 | -12.5% |
| Amounts payable within one year | 42/48 | €110,764 | €109,971 | -€793 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €85,047 | €81,740 | -€3,307 | -3.9% |
| Financial debts | 43 | - | €1,138 | +€1,138 | |
| Credit institutions | 430/8 | - | €1,138 | +€1,138 | |
| Trade debts | 44 | €13,911 | €2,009 | -€11,902 | -85.6% |
| Suppliers | 440/4 | €13,911 | €2,009 | -€11,902 | -85.6% |
| Taxes, remuneration and social security | 45 | €11,764 | €11,718 | -€45 | -0.4% |
| Taxes | 450/3 | €11,764 | €11,718 | -€45 | -0.4% |
| Other amounts payable | 47/48 | €43 | €13,366 | +€13,323 | +31,216% |
| Accrued charges and deferred income | 492/3 | €2,467 | €0 | -€2,467 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,257 | €2,861 | +€604 | +26.8% |
| Other operating charges | 640/8 | €1,040 | €710 | -€329 | -31.7% |
| Non-recurring operating charges | 66A | €2,029 | €158 | -€1,871 | -92.2% |
| Gross operating margin | 9900 | €78,674 | €65,107 | -€13,567 | -17.2% |
| Operating profit (loss) | 9901 | €73,349 | €61,379 | -€11,971 | -16.3% |
| Financial income | 75/76B | €150,064 | €150,000 | -€64 | 0.0% |
| Recurring financial income | 75 | €150,064 | €150,000 | -€64 | 0.0% |
| Financial charges | 65/66B | €8,602 | €10,059 | +€1,457 | +16.9% |
| Recurring financial charges | 65 | €8,602 | €10,059 | +€1,457 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €214,812 | €201,320 | -€13,492 | -6.3% |
| Income taxes | 67/77 | €20,745 | €17,779 | -€2,966 | -14.3% |
| Profit (loss) for the period | 9904 | €194,066 | €183,540 | -€10,526 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €194,066 | €183,540 | -€10,526 | -5.4% |
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 25 October 2026 via checked.be.