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Circosaurus: what changed

Two fiscal 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

Circosaurus

BE 0780.797.342
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,235
2024 · -€4,999+€2,764
Equity
€4,460
2024 · €6,695-€2,235
Cash
€3,057
2024 · €78+€2,979
Balance sheet total
€9,796
2024 · €9,141+€655

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€4,639

    down €4,639 (-60.7%), from €7,638 to €2,999

    of which Plant, machinery and equipment: -€4,539

  • Cash +€2,979

    up €2,979 (+3838.1%), from €78 to €3,057

    mainly Investment in fixed assets (net) (+€3,921) and Debts within one year (+€2,890)

  • Receivables within one year +€2,315

    up €2,315 (+162.4%), from €1,425 to €3,740

    of which Trade receivables: +€2,315

Equity and liabilities
  • Debts within one year +€2,890

    up €2,890 (+118.2%), from €2,446 to €5,336

  • Profit (loss) carried forward -€2,235

    down €2,235 (-33.4%), from €6,695 to €4,460

Income statement
  • Gross operating margin +€4,313

    up €4,313, from -€2,793 to €1,520

  • Other operating charges +€2,814

    up €2,814 (+2198.8%), from €128 to €2,942

  • Depreciation -€1,261

    down €1,261 (-63.7%), from €1,979 to €718

From the 2024 result to the 2025 result

effect on the 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 -€4,999
Gross operating margin +€4,313
Depreciation +€1,261
Other operating charges -€2,814
Financial income +€5
Result 2025 -€2,235

Cash bridge derived

cash 2024 to 2025

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 -€942
Investment +€3,921
Financing €0
Cash 2024 €78
Net result for the year -€2,235
Depreciation +€718
Receivables within one year -€2,315
Debts within one year +€2,890
Investment in fixed assets (net) +€3,921
Cash 2025 €3,057
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €9,141 €9,796 +€655 +7.2%
Fixed assets 21/28 €7,638 €2,999 -€4,639 -60.7%
Tangible fixed assets 22/27 €7,638 €2,999 -€4,639 -60.7%
Plant, machinery and equipment 23 €7,233 €2,694 -€4,539 -62.8%
Furniture and vehicles 24 €405 €305 -€100 -24.6%
Current assets 29/58 €1,503 €6,797 +€5,294 +352.3%
Amounts receivable within one year 40/41 €1,425 €3,740 +€2,315 +162.4%
Trade receivables 40 €605 €2,920 +€2,315 +382.7%
Other amounts receivable 41 €820 €820 = 0.0%
Cash at bank and in hand 54/58 €78 €3,057 +€2,979 +3838.1%
Total equity and liabilities 10/49 €9,141 €9,796 +€655 +7.2%
Equity 10/15 €6,695 €4,460 -€2,235 -33.4%
Profit (loss) carried forward 14 €6,695 €4,460 -€2,235 -33.4%
Amounts payable 17/49 €2,446 €5,336 +€2,890 +118.2%
Amounts payable within one year 42/48 €2,446 €5,336 +€2,890 +118.2%
Trade debts 44 €1,659 €4,832 +€3,173 +191.2%
Suppliers 440/4 €1,659 €4,832 +€3,173 +191.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,979 €718 -€1,261 -63.7%
Other operating charges 640/8 €128 €2,942 +€2,814 +2198.8%
Gross operating margin 9900 -€2,793 €1,520 +€4,313
Operating profit (loss) 9901 -€4,900 -€2,141 +€2,759 +56.3%
Financial income 75/76B €5 €10 +€5 +111.9%
Recurring financial income 75 €5 €10 +€5 +111.9%
Financial charges 65/66B €104 €104 = 0.0%
Recurring financial charges 65 €104 €104 = 0.0%
Profit (loss) for the period before taxes 9903 -€4,999 -€2,235 +€2,764 +55.3%
Profit (loss) for the period 9904 -€4,999 -€2,235 +€2,764 +55.3%
Profit (loss) for the period to be appropriated 9905 -€4,999 -€2,235 +€2,764 +55.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.