AUTO - CYGNE: 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.
AUTO - CYGNE
Largest movements
- Tangible fixed assets +€7,978
up €7,978 (+845%), from €944 to €8,922
- Cash -€2,898
down €2,898 (-54.0%), from €5,363 to €2,465
mainly Investment in fixed assets (net) (-€10,000) and Other debts (-€5,298)
- Profit (loss) carried forward +€20,114
up €20,114 (+90.5%), from -€22,216 to -€2,102
- Reserves -€9,799
down €9,799 (-41.6%), from €23,552 to €13,753
of which Distributable reserves: -€9,799
- Other debts -€5,298
down €5,298 (-5.1%), from €103,397 to €98,099
- Gross operating margin +€6,347
up €6,347 (+67.7%), from €9,368 to €15,715
- Depreciation -€811
down €811 (-28.6%), from €2,833 to €2,022
- Other operating charges +€538
up €538 (+30.2%), from €1,780 to €2,318
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 | €124,708 | €129,589 | +€4,880 | +3.9% |
| Fixed assets | 21/28 | €944 | €8,922 | +€7,978 | +845% |
| Tangible fixed assets | 22/27 | €944 | €8,922 | +€7,978 | +845% |
| Furniture and vehicles | 24 | €944 | €8,922 | +€7,978 | +845% |
| Current assets | 29/58 | €123,764 | €120,666 | -€3,097 | -2.5% |
| Stocks and contracts in progress | 3 | €116,011 | €116,011 | = | 0.0% |
| Stocks | 30/36 | €116,011 | €116,011 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €112 | €80 | -€32 | -28.8% |
| Trade receivables | 40 | €112 | €10 | -€102 | -90.9% |
| Other amounts receivable | 41 | €0 | €69 | +€69 | |
| Cash at bank and in hand | 54/58 | €5,363 | €2,465 | -€2,898 | -54.0% |
| Deferred charges and accrued income | 490/1 | €2,278 | €2,111 | -€167 | -7.3% |
| Total equity and liabilities | 10/49 | €124,708 | €129,589 | +€4,880 | +3.9% |
| Equity | 10/15 | €19,936 | €30,251 | +€10,315 | +51.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,552 | €13,753 | -€9,799 | -41.6% |
| Tax-exempt reserves | 132 | €13,753 | €13,753 | = | 0.0% |
| Distributable reserves | 133 | €9,799 | €0 | -€9,799 | -100% |
| Profit (loss) carried forward | 14 | -€22,216 | -€2,102 | +€20,114 | +90.5% |
| Amounts payable | 17/49 | €104,772 | €99,338 | -€5,435 | -5.2% |
| Amounts payable within one year | 42/48 | €104,772 | €99,338 | -€5,435 | -5.2% |
| Trade debts | 44 | €761 | €86 | -€675 | -88.7% |
| Suppliers | 440/4 | €761 | €86 | -€675 | -88.7% |
| Taxes, remuneration and social security | 45 | €615 | €1,153 | +€538 | +87.5% |
| Taxes | 450/3 | €615 | €1,153 | +€538 | +87.5% |
| Other amounts payable | 47/48 | €103,397 | €98,099 | -€5,298 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,833 | €2,022 | -€811 | -28.6% |
| Other operating charges | 640/8 | €1,780 | €2,318 | +€538 | +30.2% |
| Gross operating margin | 9900 | €9,368 | €15,715 | +€6,347 | +67.7% |
| Operating profit (loss) | 9901 | €4,755 | €11,375 | +€6,620 | +139% |
| Financial income | 75/76B | €36 | €33 | -€3 | -8.3% |
| Recurring financial income | 75 | €36 | €33 | -€3 | -8.3% |
| Financial charges | 65/66B | €1,065 | €1,093 | +€28 | +2.6% |
| Recurring financial charges | 65 | €1,065 | €1,093 | +€28 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €3,726 | €10,315 | +€6,589 | +177% |
| Profit (loss) for the period | 9904 | €3,726 | €10,315 | +€6,589 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €3,726 | €10,315 | +€6,589 | +177% |
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 17 October 2026 via checked.be.