HOLDING CISPA: 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.
HOLDING CISPA
Largest movements
- Cash -€210,143
down €210,143 (-80.1%), from €262,388 to €52,245
mainly Debts after one year (-€299,606) and Receivables within one year (-€74,641)
- Receivables within one year +€74,641
up €74,641 (+53.0%), from €140,736 to €215,377
of which Other amounts receivable: +€74,376
- Debts after one year -€299,606
down €299,606 (-31.0%), from €966,217 to €666,611
- Reserves +€176,770
up €176,770 (+6.2%), from €2.9m to €3.0m
- Tax, wage and social debts -€41,029
down €41,029 (-63.3%), from €64,865 to €23,837
- Financial income +€199,331
up €199,331 (+11423.0%), from €1,745 to €201,076
- Taxes -€2,641
down €2,641 (-26.3%), from €10,025 to €7,384
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 | €4,047,854 | €3,911,758 | -€136,097 | -3.4% |
| Fixed assets | 21/28 | €3,394,135 | €3,394,135 | = | 0.0% |
| Financial fixed assets | 28 | €3,394,135 | €3,394,135 | = | 0.0% |
| Current assets | 29/58 | €653,719 | €517,623 | -€136,097 | -20.8% |
| Amounts receivable within one year | 40/41 | €140,736 | €215,377 | +€74,641 | +53.0% |
| Trade receivables | 40 | - | €265 | +€265 | |
| Other amounts receivable | 41 | €140,736 | €215,112 | +€74,376 | +52.8% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €262,388 | €52,245 | -€210,143 | -80.1% |
| Deferred charges and accrued income | 490/1 | €595 | - | -€595 | |
| Total equity and liabilities | 10/49 | €4,047,854 | €3,911,758 | -€136,097 | -3.4% |
| Equity | 10/15 | €3,016,721 | €3,221,035 | +€204,315 | +6.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €2,869,427 | €3,046,197 | +€176,770 | +6.2% |
| Distributable reserves | 133 | €2,869,427 | €3,046,197 | +€176,770 | +6.2% |
| Profit (loss) carried forward | 14 | €47,294 | €74,839 | +€27,544 | +58.2% |
| Amounts payable | 17/49 | €1,031,133 | €690,722 | -€340,411 | -33.0% |
| Amounts payable after more than one year | 17 | €966,217 | €666,611 | -€299,606 | -31.0% |
| Other amounts payable | 178/9 | €966,217 | €666,611 | -€299,606 | -31.0% |
| Amounts payable within one year | 42/48 | €64,916 | €24,111 | -€40,806 | -62.9% |
| Trade debts | 44 | €51 | €274 | +€223 | +436.6% |
| Suppliers | 440/4 | €51 | €274 | +€223 | +436.6% |
| Taxes, remuneration and social security | 45 | €64,865 | €23,837 | -€41,029 | -63.3% |
| Taxes | 450/3 | €64,865 | €23,837 | -€41,029 | -63.3% |
| Other operating charges | 640/8 | €1,193 | €1,230 | +€37 | +3.1% |
| Gross operating margin | 9900 | €95,543 | €94,646 | -€896 | -0.9% |
| Operating profit (loss) | 9901 | €94,349 | €93,416 | -€934 | -1.0% |
| Financial income | 75/76B | €1,745 | €201,076 | +€199,331 | +11423.0% |
| Recurring financial income | 75 | €1,745 | €201,076 | +€199,331 | +11423.0% |
| Financial charges | 65/66B | €58,997 | €59,564 | +€567 | +1.0% |
| Recurring financial charges | 65 | €58,997 | €59,564 | +€567 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €37,098 | €234,928 | +€197,830 | +533.3% |
| Income taxes | 67/77 | €10,025 | €7,384 | -€2,641 | -26.3% |
| Profit (loss) for the period | 9904 | €27,073 | €227,544 | +€200,471 | +740.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,073 | €227,544 | +€200,471 | +740.5% |
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 4 October 2026 via checked.be.