BJÖRN CUYVERS: what changed
BJÖRN CUYVERS
Largest movements
- Cash -€17,606
down €17,606 (-48.6%), from €36,209 to €18,604
mainly Contributions, distributions and other (-€49,381) and Stocks and contracts (-€3,402)
- Receivables within one year -€6,603
down €6,603 (-21.5%), from €30,665 to €24,062
of which Trade receivables: -€7,747
- Stocks and contracts +€3,402
up €3,402 (+65.4%), from €5,203 to €8,605
- Tangible fixed assets -€1,364
down €1,364 (-20.0%), from €6,809 to €5,446
- Reserves -€27,263
down €27,263 (-89.6%), from €30,417 to €3,154
- Other debts +€3,200
up €3,200 (+17.3%), from €18,500 to €21,700
- Trade debts +€1,892
up €1,892 (+16.7%), from €11,355 to €13,247
- Gross operating margin +€3,849
up €3,849 (+18.9%), from €20,316 to €24,165
- Depreciation +€1,355
up €1,355 (+15,396%), from €9 to €1,364
- Other operating charges -€616
down €616 (-47.9%), from €1,286 to €669
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,887 | €56,716 | -€22,171 | -28.1% |
| Fixed assets | 21/28 | €6,809 | €5,446 | -€1,364 | -20.0% |
| Tangible fixed assets | 22/27 | €6,809 | €5,446 | -€1,364 | -20.0% |
| Plant, machinery and equipment | 23 | €6,809 | €5,446 | -€1,364 | -20.0% |
| Current assets | 29/58 | €72,078 | €51,270 | -€20,807 | -28.9% |
| Stocks and contracts in progress | 3 | €5,203 | €8,605 | +€3,402 | +65.4% |
| Stocks | 30/36 | €5,203 | €8,605 | +€3,402 | +65.4% |
| Amounts receivable within one year | 40/41 | €30,665 | €24,062 | -€6,603 | -21.5% |
| Trade receivables | 40 | €30,400 | €22,653 | -€7,747 | -25.5% |
| Other amounts receivable | 41 | €265 | €1,409 | +€1,144 | +431% |
| Cash at bank and in hand | 54/58 | €36,209 | €18,604 | -€17,606 | -48.6% |
| Total equity and liabilities | 10/49 | €78,887 | €56,716 | -€22,171 | -28.1% |
| Equity | 10/15 | €49,017 | €21,754 | -€27,263 | -55.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,417 | €3,154 | -€27,263 | -89.6% |
| Distributable reserves | 133 | €30,417 | €3,154 | -€27,263 | -89.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,871 | €34,962 | +€5,092 | +17.0% |
| Amounts payable within one year | 42/48 | €29,871 | €34,962 | +€5,092 | +17.0% |
| Trade debts | 44 | €11,355 | €13,247 | +€1,892 | +16.7% |
| Suppliers | 440/4 | €11,355 | €13,247 | +€1,892 | +16.7% |
| Taxes, remuneration and social security | 45 | €15 | €15 | = | 0.0% |
| Taxes | 450/3 | €15 | €15 | = | 0.0% |
| Other amounts payable | 47/48 | €18,500 | €21,700 | +€3,200 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9 | €1,364 | +€1,355 | +15,396% |
| Other operating charges | 640/8 | €1,286 | €669 | -€616 | -47.9% |
| Gross operating margin | 9900 | €20,316 | €24,165 | +€3,849 | +18.9% |
| Operating profit (loss) | 9901 | €19,021 | €22,132 | +€3,110 | +16.4% |
| Financial income | 75/76B | €82 | €99 | +€17 | +20.6% |
| Recurring financial income | 75 | €82 | €99 | +€17 | +20.6% |
| Financial charges | 65/66B | €1 | €0 | -€1 | -88.2% |
| Recurring financial charges | 65 | €1 | €0 | -€1 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €19,102 | €22,230 | +€3,128 | +16.4% |
| Income taxes | 67/77 | €15 | €112 | +€96 | +626% |
| Profit (loss) for the period | 9904 | €19,086 | €22,119 | +€3,032 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,086 | €22,119 | +€3,032 | +15.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.