NEW CUISIBAT: 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.
NEW CUISIBAT
Largest movements
- Cash -€115,056
down €115,056 (-23.2%), from €496,554 to €381,498
mainly Trade debts (-€93,544) and Receivables within one year (-€84,111)
- Receivables within one year +€84,111
up €84,111 (+18.7%), from €450,558 to €534,669
of which Trade receivables: +€77,878
- Stocks and contracts -€58,092
down €58,092 (-22.4%), from €258,926 to €200,834
- Tangible fixed assets -€28,448
down €28,448 (-8.8%), from €323,316 to €294,868
of which Land and buildings: -€34,063
- Trade debts -€93,544
down €93,544 (-75.8%), from €123,471 to €29,927
- Tax, wage and social debts -€19,581
down €19,581 (-66.8%), from €29,334 to €9,753
of which Remuneration and social security: -€18,898
- Debts after one year -€18,731
down €18,731 (-14.2%), from €131,669 to €112,938
- Profit (loss) carried forward +€17,519
up €17,519 (+1.4%), from €1.2m to €1.2m
- Gross operating margin -€145,522
down €145,522 (-33.4%), from €436,191 to €290,669
- Taxes -€19,315
down €19,315 (-75.5%), from €25,566 to €6,251
- Staff costs -€13,749
down €13,749 (-6.0%), from €229,368 to €215,619
- Depreciation -€9,548
down €9,548 (-18.0%), from €53,153 to €43,605
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 | €1,542,059 | €1,426,894 | -€115,165 | -7.5% |
| Fixed assets | 21/28 | €323,415 | €294,967 | -€28,448 | -8.8% |
| Tangible fixed assets | 22/27 | €323,316 | €294,868 | -€28,448 | -8.8% |
| Land and buildings | 22 | €278,642 | €244,579 | -€34,063 | -12.2% |
| Furniture and vehicles | 24 | €44,674 | €50,289 | +€5,615 | +12.6% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €1,218,644 | €1,131,927 | -€86,717 | -7.1% |
| Stocks and contracts in progress | 3 | €258,926 | €200,834 | -€58,092 | -22.4% |
| Stocks | 30/36 | €258,926 | €200,834 | -€58,092 | -22.4% |
| Amounts receivable within one year | 40/41 | €450,558 | €534,669 | +€84,111 | +18.7% |
| Trade receivables | 40 | €416,124 | €494,002 | +€77,878 | +18.7% |
| Other amounts receivable | 41 | €34,434 | €40,667 | +€6,233 | +18.1% |
| Cash at bank and in hand | 54/58 | €496,554 | €381,498 | -€115,056 | -23.2% |
| Deferred charges and accrued income | 490/1 | €12,606 | €14,926 | +€2,320 | +18.4% |
| Total equity and liabilities | 10/49 | €1,542,059 | €1,426,894 | -€115,165 | -7.5% |
| Equity | 10/15 | €1,230,414 | €1,247,933 | +€17,519 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,209,954 | €1,227,473 | +€17,519 | +1.4% |
| Amounts payable | 17/49 | €311,645 | €178,961 | -€132,684 | -42.6% |
| Amounts payable after more than one year | 17 | €131,669 | €112,938 | -€18,731 | -14.2% |
| Financial debts | 170/4 | €131,669 | €112,938 | -€18,731 | -14.2% |
| Amounts payable within one year | 42/48 | €179,939 | €66,003 | -€113,936 | -63.3% |
| Current portion of amounts payable after more than one year | 42 | €19,147 | €18,731 | -€416 | -2.2% |
| Trade debts | 44 | €123,471 | €29,927 | -€93,544 | -75.8% |
| Suppliers | 440/4 | €123,471 | €29,927 | -€93,544 | -75.8% |
| Taxes, remuneration and social security | 45 | €29,334 | €9,753 | -€19,581 | -66.8% |
| Taxes | 450/3 | €831 | €148 | -€683 | -82.2% |
| Remuneration and social security | 454/9 | €28,503 | €9,605 | -€18,898 | -66.3% |
| Other amounts payable | 47/48 | €7,987 | €7,592 | -€395 | -4.9% |
| Accrued charges and deferred income | 492/3 | €37 | €20 | -€17 | -45.9% |
| Remuneration, social security and pensions | 62 | €229,368 | €215,619 | -€13,749 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,153 | €43,605 | -€9,548 | -18.0% |
| Other operating charges | 640/8 | €7,695 | €8,315 | +€620 | +8.1% |
| Non-recurring operating charges | 66A | €37,500 | - | -€37,500 | |
| Gross operating margin | 9900 | €436,191 | €290,669 | -€145,522 | -33.4% |
| Operating profit (loss) | 9901 | €108,475 | €23,130 | -€85,345 | -78.7% |
| Financial income | 75/76B | €7,505 | €4,989 | -€2,516 | -33.5% |
| Recurring financial income | 75 | €7,505 | €4,989 | -€2,516 | -33.5% |
| Financial charges | 65/66B | €5,453 | €4,349 | -€1,104 | -20.2% |
| Recurring financial charges | 65 | €5,453 | €4,349 | -€1,104 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €110,527 | €23,770 | -€86,757 | -78.5% |
| Income taxes | 67/77 | €25,566 | €6,251 | -€19,315 | -75.5% |
| Profit (loss) for the period | 9904 | €84,961 | €17,519 | -€67,442 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €84,961 | €17,519 | -€67,442 | -79.4% |
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 31 October 2026 via checked.be.