CUYLE: 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.
CUYLE
Largest movements
- Receivables within one year -€54,554
down €54,554 (-74.8%), from €72,928 to €18,374
of which Other amounts receivable: -€50,000
- Tangible fixed assets +€42,565
up €42,565 (+271.5%), from €15,678 to €58,243
- Cash -€28,524
down €28,524 (-10.5%), from €272,393 to €243,869
mainly Investment in fixed assets (net) (-€52,511) and Other debts (-€38,094)
- Reserves +€79,243
up €79,243 (+19.7%), from €401,839 to €481,082
of which Tax-exempt reserves: +€42,100
- Other debts -€38,094
down €38,094 (-9.5%), from €401,142 to €363,049
- Current portion of long-term debt -€30,456
down €30,456 (-66.3%), from €45,921 to €15,465
- Tax, wage and social debts -€20,042
down €20,042 (-88.9%), from €22,549 to €2,507
- Debts after one year -€15,465
down €15,465 (-13.4%), from €115,465 to €100,000
- Gross operating margin +€9,115
up €9,115 (+6.7%), from €136,989 to €146,104
- Taxes +€3,919
up €3,919 (+13.6%), from €28,735 to €32,654
- Depreciation +€3,196
up €3,196 (+47.3%), from €6,750 to €9,946
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,310,998 | €1,270,486 | -€40,512 | -3.1% |
| Fixed assets | 21/28 | €965,678 | €1,008,243 | +€42,565 | +4.4% |
| Tangible fixed assets | 22/27 | €15,678 | €58,243 | +€42,565 | +271.5% |
| Plant, machinery and equipment | 23 | €12,397 | €30,634 | +€18,238 | +147.1% |
| Furniture and vehicles | 24 | €3,281 | €9,135 | +€5,854 | +178.4% |
| Other tangible fixed assets | 26 | - | €18,474 | +€18,474 | |
| Financial fixed assets | 28 | €950,000 | €950,000 | = | 0.0% |
| Current assets | 29/58 | €345,320 | €262,243 | -€83,077 | -24.1% |
| Amounts receivable within one year | 40/41 | €72,928 | €18,374 | -€54,554 | -74.8% |
| Trade receivables | 40 | €22,928 | €18,374 | -€4,554 | -19.9% |
| Other amounts receivable | 41 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €272,393 | €243,869 | -€28,524 | -10.5% |
| Total equity and liabilities | 10/49 | €1,310,998 | €1,270,486 | -€40,512 | -3.1% |
| Equity | 10/15 | €690,689 | €769,932 | +€79,243 | +11.5% |
| Contributions | 10/11 | €288,850 | €288,850 | = | 0.0% |
| Reserves | 13 | €401,839 | €481,082 | +€79,243 | +19.7% |
| Non-distributable reserves | 130/1 | €12,688 | €12,688 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,688 | €12,688 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,200 | €126,300 | +€42,100 | +50.0% |
| Distributable reserves | 133 | €304,951 | €342,094 | +€37,143 | +12.2% |
| Amounts payable | 17/49 | €620,310 | €500,554 | -€119,755 | -19.3% |
| Amounts payable after more than one year | 17 | €115,465 | €100,000 | -€15,465 | -13.4% |
| Financial debts | 170/4 | €115,465 | €100,000 | -€15,465 | -13.4% |
| Amounts payable within one year | 42/48 | €476,615 | €382,215 | -€94,401 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €45,921 | €15,465 | -€30,456 | -66.3% |
| Trade debts | 44 | €7,003 | €1,194 | -€5,809 | -83.0% |
| Suppliers | 440/4 | €7,003 | €1,194 | -€5,809 | -83.0% |
| Taxes, remuneration and social security | 45 | €22,549 | €2,507 | -€20,042 | -88.9% |
| Taxes | 450/3 | €22,549 | €2,507 | -€20,042 | -88.9% |
| Other amounts payable | 47/48 | €401,142 | €363,049 | -€38,094 | -9.5% |
| Accrued charges and deferred income | 492/3 | €28,230 | €18,340 | -€9,890 | -35.0% |
| Remuneration, social security and pensions | 62 | €125 | €332 | +€206 | +164.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,750 | €9,946 | +€3,196 | +47.3% |
| Other operating charges | 640/8 | €2,108 | €1,925 | -€183 | -8.7% |
| Gross operating margin | 9900 | €136,989 | €146,104 | +€9,115 | +6.7% |
| Operating profit (loss) | 9901 | €128,005 | €133,902 | +€5,896 | +4.6% |
| Financial income | 75/76B | €452 | €1,878 | +€1,426 | +315.4% |
| Recurring financial income | 75 | €452 | €1,878 | +€1,426 | +315.4% |
| Financial charges | 65/66B | €23,582 | €23,883 | +€301 | +1.3% |
| Recurring financial charges | 65 | €23,582 | €23,883 | +€301 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €104,876 | €111,897 | +€7,021 | +6.7% |
| Income taxes | 67/77 | €28,735 | €32,654 | +€3,919 | +13.6% |
| Profit (loss) for the period | 9904 | €76,141 | €79,243 | +€3,102 | +4.1% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €42,100 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,041 | €37,143 | +€3,102 | +9.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.