Le Cirio: 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.
Le Cirio
Largest movements
- Cash +€12,034
up €12,034 (+39.9%), from €30,168 to €42,202
mainly Advances received (+€12,133) and Depreciation (+€10,200)
- Tangible fixed assets -€10,200
down €10,200 (-27.4%), from €37,162 to €26,962
of which Furniture and vehicles: -€9,941
- Receivables within one year +€1,142
up €1,142 (+61.5%), from €1,858 to €3,000
of which Other amounts receivable: +€1,142
- Advances received +€12,133
new in 2025: €12,133
- Other debts -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Reserves -€2,533
down €2,533 (-7.8%), from €32,478 to €29,945
- Tax, wage and social debts -€1,509
down €1,509 (-96.6%), from €1,562 to €53
- Gross operating margin -€14,550
down €14,550 (-57.0%), from €25,505 to €10,954
- Taxes -€2,142
down €2,142 (-100.0%), from €2,142 to €0
- Depreciation +€574
up €574 (+6.0%), from €9,625 to €10,200
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 | €69,620 | €72,590 | +€2,970 | +4.3% |
| Fixed assets | 21/28 | €37,162 | €26,962 | -€10,200 | -27.4% |
| Tangible fixed assets | 22/27 | €37,162 | €26,962 | -€10,200 | -27.4% |
| Furniture and vehicles | 24 | €36,126 | €26,186 | -€9,941 | -27.5% |
| Other tangible fixed assets | 26 | €1,036 | €777 | -€259 | -25.0% |
| Current assets | 29/58 | €32,458 | €45,628 | +€13,170 | +40.6% |
| Amounts receivable within one year | 40/41 | €1,858 | €3,000 | +€1,142 | +61.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,858 | €3,000 | +€1,142 | +61.5% |
| Cash at bank and in hand | 54/58 | €30,168 | €42,202 | +€12,034 | +39.9% |
| Deferred charges and accrued income | 490/1 | €432 | €425 | -€6 | -1.4% |
| Total equity and liabilities | 10/49 | €69,620 | €72,590 | +€2,970 | +4.3% |
| Equity | 10/15 | €57,478 | €54,945 | -€2,533 | -4.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €32,478 | €29,945 | -€2,533 | -7.8% |
| Distributable reserves | 133 | €32,478 | €29,945 | -€2,533 | -7.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,142 | €17,645 | +€5,503 | +45.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €12,142 | €17,645 | +€5,503 | +45.3% |
| Trade debts | 44 | €5,580 | €5,459 | -€121 | -2.2% |
| Suppliers | 440/4 | €5,580 | €5,459 | -€121 | -2.2% |
| Advances received on contracts in progress | 46 | - | €12,133 | +€12,133 | |
| Taxes, remuneration and social security | 45 | €1,562 | €53 | -€1,509 | -96.6% |
| Taxes | 450/3 | €1,562 | €53 | -€1,509 | -96.6% |
| Other amounts payable | 47/48 | €5,000 | €0 | -€5,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,625 | €10,200 | +€574 | +6.0% |
| Other operating charges | 640/8 | €3,002 | €3,152 | +€151 | +5.0% |
| Gross operating margin | 9900 | €25,505 | €10,954 | -€14,550 | -57.0% |
| Operating profit (loss) | 9901 | €12,877 | -€2,398 | -€15,275 | |
| Financial charges | 65/66B | €121 | €135 | +€14 | +11.8% |
| Recurring financial charges | 65 | €121 | €135 | +€14 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €12,757 | -€2,533 | -€15,289 | |
| Income taxes | 67/77 | €2,142 | €0 | -€2,142 | -100.0% |
| Profit (loss) for the period | 9904 | €10,615 | -€2,533 | -€13,147 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,615 | -€2,533 | -€13,147 |
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 9 October 2026 via checked.be.