CILYX: 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.
What changed
CILYX
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,356
2024 · €6,746-€9,102
Equity
€1.2m
2024 · €952,676+€197,644
Cash
€535,927
2024 · €381,294+€154,634
Balance sheet total
€6.4m
2024 · €5.9m+€528,411
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+47.1%), from €2.2m to €3.2m
of which Other amounts receivable: +€781,184
- Stocks and contracts -€568,062
down €568,062 (-40.6%), from €1.4m to €832,608
of which Contracts in progress: -€594,232
- Cash +€154,634
up €154,634 (+40.6%), from €381,294 to €535,927
mainly Stocks and contracts (+€568,062) and Other debts (+€438,327)
Equity and liabilities
- Other debts +€438,327
up €438,327 (+41.6%), from €1.1m to €1.5m
- Short-term financial debts -€364,000
down €364,000 (-26.7%), from €1.4m to €1.0m
- Tax, wage and social debts +€223,924
up €223,924 (+44.1%), from €507,891 to €731,814
of which Remuneration and social security: +€231,158
- Contributions +€200,000
up €200,000 (+57.1%), from €350,000 to €550,000
- Advances received +€109,847
up €109,847 (+10.7%), from €1.0m to €1.1m
Income statement
- Write-downs -€457,852
down €457,852 (-12557.5%), from -€3,646 to -€461,498
- Other operating charges +€445,752
up €445,752 (+1494.1%), from €29,835 to €475,587
- Staff costs +€68,668
up €68,668 (+1.7%), from €4.1m to €4.1m
- Gross operating margin +€54,017
up €54,017 (+1.1%), from €4.7m to €4.8m
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.
Result 2024
€6,746
Gross operating margin
+€54,017
Staff costs
-€68,668
Depreciation
+€33,065
Write-downs
+€457,852
Provisions
-€15,000
Other operating charges
-€445,752
Other operating items
+€12,542
Financial income
-€26,319
Financial charges
-€11,145
Taxes
+€306
Result 2025
-€2,356
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.
From operations
+€717,600
Investment
-€332,143
Financing
-€230,824
Cash 2024
€381,294
From operations (derived)
+€717,600
Net result for the year
-€2,356
Depreciation
+€421,916
Stocks and contracts
+€568,062
Receivables within one year
-€1.0m
Smaller working-capital items
-€700
Provisions
+€6,000
Trade debts
-€15,378
Tax, wage and social debts
+€223,924
Advances received
+€109,847
Other debts
+€438,327
Investment (derived)
-€332,143
Investment in fixed assets (net)
-€332,143
Financing
-€230,824
Debts after one year
-€34,308
Current portion of long-term debt
-€32,515
Short-term financial debts
-€364,000
Contributions, distributions and other
+€200,000
Cash 2025
€535,927
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,898,496 | €6,426,907 | +€528,411 | +9.0% |
| Fixed assets | 21/28 | €1,213,870 | €1,124,097 | -€89,773 | -7.4% |
| Intangible fixed assets | 21 | €1,049,031 | €990,997 | -€58,034 | -5.5% |
| Tangible fixed assets | 22/27 | €158,176 | €126,437 | -€31,739 | -20.1% |
| Plant, machinery and equipment | 23 | €32,493 | €16,256 | -€16,237 | -50.0% |
| Furniture and vehicles | 24 | €80,658 | €75,459 | -€5,199 | -6.4% |
| Other tangible fixed assets | 26 | €45,025 | €34,723 | -€10,302 | -22.9% |
| Financial fixed assets | 28 | €6,663 | €6,663 | = | 0.0% |
| Current assets | 29/58 | €4,684,626 | €5,302,810 | +€618,184 | +13.2% |
| Stocks and contracts in progress | 3 | €1,400,669 | €832,608 | -€568,062 | -40.6% |
| Stocks | 30/36 | €287,400 | €313,570 | +€26,170 | +9.1% |
| Contracts in progress | 37 | €1,113,269 | €519,038 | -€594,232 | -53.4% |
| Amounts receivable within one year | 40/41 | €2,191,101 | €3,223,142 | +€1.0m | +47.1% |
| Trade receivables | 40 | €1,681,669 | €1,932,526 | +€250,857 | +14.9% |
| Other amounts receivable | 41 | €509,432 | €1,290,616 | +€781,184 | +153.3% |
| Current investments | 50/53 | €599,940 | €599,940 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €381,294 | €535,927 | +€154,634 | +40.6% |
| Deferred charges and accrued income | 490/1 | €111,622 | €111,194 | -€429 | -0.4% |
| Total equity and liabilities | 10/49 | €5,898,496 | €6,426,907 | +€528,411 | +9.0% |
| Equity | 10/15 | €952,676 | €1,150,321 | +€197,644 | +20.7% |
| Contributions | 10/11 | €350,000 | €550,000 | +€200,000 | +57.1% |
| Capital | 10 | €350,000 | €550,000 | +€200,000 | +57.1% |
| Issued capital | 100 | €350,000 | €550,000 | +€200,000 | +57.1% |
| Reserves | 13 | €634,940 | €634,940 | = | 0.0% |
| Non-distributable reserves | 130/1 | €634,940 | €634,940 | = | 0.0% |
| Legal reserve | 130 | €35,000 | €35,000 | = | 0.0% |
| Own shares acquired | 1312 | €599,940 | €599,940 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,264 | -€34,619 | -€2,356 | -7.3% |
| Provisions and deferred taxes | 16 | €26,000 | €32,000 | +€6,000 | +23.1% |
| Provisions for liabilities and charges | 160/5 | €26,000 | €32,000 | +€6,000 | +23.1% |
| Environmental obligations | 163 | €26,000 | €32,000 | +€6,000 | +23.1% |
| Amounts payable | 17/49 | €4,919,820 | €5,244,587 | +€324,767 | +6.6% |
| Amounts payable after more than one year | 17 | €278,591 | €244,282 | -€34,308 | -12.3% |
| Financial debts | 170/4 | €278,591 | €244,282 | -€34,308 | -12.3% |
| Amounts payable within one year | 42/48 | €4,609,039 | €4,969,243 | +€360,204 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €104,324 | €71,808 | -€32,515 | -31.2% |
| Financial debts | 43 | €1,364,000 | €1,000,000 | -€364,000 | -26.7% |
| Credit institutions | 430/8 | €1,364,000 | €1,000,000 | -€364,000 | -26.7% |
| Trade debts | 44 | €551,850 | €536,472 | -€15,378 | -2.8% |
| Suppliers | 440/4 | €551,850 | €536,472 | -€15,378 | -2.8% |
| Advances received on contracts in progress | 46 | €1,026,622 | €1,136,469 | +€109,847 | +10.7% |
| Taxes, remuneration and social security | 45 | €507,891 | €731,814 | +€223,924 | +44.1% |
| Taxes | 450/3 | €65,865 | €58,631 | -€7,235 | -11.0% |
| Remuneration and social security | 454/9 | €442,025 | €673,184 | +€231,158 | +52.3% |
| Other amounts payable | 47/48 | €1,054,353 | €1,492,680 | +€438,327 | +41.6% |
| Accrued charges and deferred income | 492/3 | €32,190 | €31,061 | -€1,129 | -3.5% |
| Non-recurring operating income | 76A | €496,099 | €39,695 | -€456,405 | -92.0% |
| Remuneration, social security and pensions | 62 | €4,073,242 | €4,141,910 | +€68,668 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454,981 | €421,916 | -€33,065 | -7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,646 | -€461,498 | -€457,852 | -12557.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€9,000 | €6,000 | +€15,000 | |
| Other operating charges | 640/8 | €29,835 | €475,587 | +€445,752 | +1494.1% |
| Non-recurring operating charges | 66A | €15,624 | €3,082 | -€12,542 | -80.3% |
| Gross operating margin | 9900 | €4,730,522 | €4,784,539 | +€54,017 | +1.1% |
| Operating profit (loss) | 9901 | €169,487 | €197,543 | +€28,056 | +16.6% |
| Financial income | 75/76B | €28,327 | €2,008 | -€26,319 | -92.9% |
| Recurring financial income | 75 | €25,228 | €2,008 | -€23,220 | -92.0% |
| Non-recurring financial income | 76B | €3,099 | €0 | -€3,099 | -100.0% |
| Financial charges | 65/66B | €179,754 | €190,898 | +€11,145 | +6.2% |
| Recurring financial charges | 65 | €179,754 | €190,898 | +€11,145 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €18,060 | €8,653 | -€9,407 | -52.1% |
| Income taxes | 67/77 | €11,314 | €11,008 | -€306 | -2.7% |
| Profit (loss) for the period | 9904 | €6,746 | -€2,356 | -€9,102 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,746 | -€2,356 | -€9,102 |
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 12 October 2026 via checked.be.