C.Y.N.: 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.
C.Y.N.
Largest movements
- Tangible fixed assets +€15,347
up €15,347 (+1,272%), from €1,206 to €16,554
of which Plant, machinery and equipment: +€15,823
- Cash -€7,111
down €7,111 (-56.4%), from €12,619 to €5,508
mainly Other debts (-€21,372) and Investment in fixed assets (net) (-€17,250)
- Receivables within one year -€6,532
no longer reported in 2025 (was €6,532)
- Other debts -€21,372
down €21,372 (-60.7%), from €35,207 to €13,836
- Tax, wage and social debts +€17,130
up €17,130 (+99.3%), from €17,258 to €34,388
of which Remuneration and social security: +€20,490
- Trade debts +€12,459
up €12,459 (+19.4%), from €64,179 to €76,639
- Profit (loss) carried forward -€6,514
down €6,514 (-4.9%), from -€134,285 to -€140,799
- Gross operating margin -€8,579
down €8,579 (-27.1%), from €31,646 to €23,067
- Staff costs +€5,664
up €5,664 (+28.7%), from €19,768 to €25,432
- Depreciation +€1,427
up €1,427 (+300%), from €476 to €1,903
- Taxes +€325
up €325 (+260%), from €125 to €450
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 | €22,694 | €24,398 | +€1,703 | +7.5% |
| Fixed assets | 21/28 | €1,256 | €16,604 | +€15,347 | +1,221% |
| Tangible fixed assets | 22/27 | €1,206 | €16,554 | +€15,347 | +1,272% |
| Plant, machinery and equipment | 23 | - | €15,823 | +€15,823 | |
| Furniture and vehicles | 24 | €1,206 | €731 | -€476 | -39.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €21,438 | €7,794 | -€13,644 | -63.6% |
| Amounts receivable within one year | 40/41 | €6,532 | - | -€6,532 | |
| Trade receivables | 40 | €6,532 | - | -€6,532 | |
| Cash at bank and in hand | 54/58 | €12,619 | €5,508 | -€7,111 | -56.4% |
| Deferred charges and accrued income | 490/1 | €2,286 | €2,286 | = | 0.0% |
| Total equity and liabilities | 10/49 | €22,694 | €24,398 | +€1,703 | +7.5% |
| Equity | 10/15 | -€93,950 | -€100,464 | -€6,514 | -6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,735 | €21,735 | = | 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% |
| Distributable reserves | 133 | €19,875 | €19,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,285 | -€140,799 | -€6,514 | -4.9% |
| Amounts payable | 17/49 | €116,644 | €124,862 | +€8,218 | +7.0% |
| Amounts payable within one year | 42/48 | €116,644 | €124,862 | +€8,218 | +7.0% |
| Trade debts | 44 | €64,179 | €76,639 | +€12,459 | +19.4% |
| Suppliers | 440/4 | €64,179 | €76,639 | +€12,459 | +19.4% |
| Taxes, remuneration and social security | 45 | €17,258 | €34,388 | +€17,130 | +99.3% |
| Taxes | 450/3 | €5,773 | €2,412 | -€3,360 | -58.2% |
| Remuneration and social security | 454/9 | €11,485 | €31,975 | +€20,490 | +178% |
| Other amounts payable | 47/48 | €35,207 | €13,836 | -€21,372 | -60.7% |
| Remuneration, social security and pensions | 62 | €19,768 | €25,432 | +€5,664 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €476 | €1,903 | +€1,427 | +300% |
| Other operating charges | 640/8 | €76 | - | -€76 | |
| Non-recurring operating charges | 66A | €3,074 | €1,684 | -€1,390 | -45.2% |
| Gross operating margin | 9900 | €31,646 | €23,067 | -€8,579 | -27.1% |
| Operating profit (loss) | 9901 | €8,252 | -€5,952 | -€14,204 | |
| Financial charges | 65/66B | €77 | €112 | +€36 | +46.5% |
| Recurring financial charges | 65 | €77 | €112 | +€36 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €8,175 | -€6,064 | -€14,240 | |
| Income taxes | 67/77 | €125 | €450 | +€325 | +260% |
| Profit (loss) for the period | 9904 | €8,050 | -€6,514 | -€14,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,050 | -€6,514 | -€14,565 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.