CUYLE DANNY: 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 DANNY
Largest movements
- Receivables within one year +€57,931
up €57,931 (+64.0%), from €90,517 to €148,448
of which Trade receivables: +€55,181
- Deferred charges and accrued income -€28,648
down €28,648 (-92.3%), from €31,048 to €2,400
- Stocks and contracts -€6,000
down €6,000 (-38.7%), from €15,500 to €9,500
of which Contracts in progress: -€5,000
- Tangible fixed assets -€5,394
down €5,394 (-72.9%), from €7,404 to €2,010
of which Plant, machinery and equipment: -€3,998
- Debts after one year +€40,000
new in 2024: €40,000
- Trade debts -€18,219
down €18,219 (-66.8%), from €27,275 to €9,056
- Reserves -€10,000
down €10,000 (-84.0%), from €11,900 to €1,900
of which Distributable reserves: -€10,000
- Profit (loss) carried forward -€6,560
down €6,560, from €5,284 to -€1,276
- Tax, wage and social debts +€6,018
up €6,018 (+390.8%), from €1,540 to €7,558
- Financial charges +€3,206
up €3,206 (+73.2%), from €4,378 to €7,585
- Depreciation -€2,240
down €2,240 (-74.2%), from €3,018 to €778
- Taxes -€849
no longer reported in 2024 (was €849)
- Gross operating margin -€655
down €655 (-6.1%), from €10,731 to €10,075
- Other operating charges -€431
down €431 (-20.3%), from €2,119 to €1,688
From the 2021 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,470 | €162,358 | +€17,889 | +12.4% |
| Fixed assets | 21/28 | €7,404 | €2,010 | -€5,394 | -72.9% |
| Tangible fixed assets | 22/27 | €7,404 | €2,010 | -€5,394 | -72.9% |
| Plant, machinery and equipment | 23 | €4,462 | €464 | -€3,998 | -89.6% |
| Furniture and vehicles | 24 | €1,014 | €32 | -€983 | -96.9% |
| Other tangible fixed assets | 26 | €1,928 | €1,515 | -€413 | -21.4% |
| Current assets | 29/58 | €137,066 | €160,348 | +€23,283 | +17.0% |
| Stocks and contracts in progress | 3 | €15,500 | €9,500 | -€6,000 | -38.7% |
| Stocks | 30/36 | €3,500 | €2,500 | -€1,000 | -28.6% |
| Contracts in progress | 37 | €12,000 | €7,000 | -€5,000 | -41.7% |
| Amounts receivable within one year | 40/41 | €90,517 | €148,448 | +€57,931 | +64.0% |
| Trade receivables | 40 | €86,468 | €141,650 | +€55,181 | +63.8% |
| Other amounts receivable | 41 | €4,049 | €6,799 | +€2,750 | +67.9% |
| Deferred charges and accrued income | 490/1 | €31,048 | €2,400 | -€28,648 | -92.3% |
| Total equity and liabilities | 10/49 | €144,470 | €162,358 | +€17,889 | +12.4% |
| Equity | 10/15 | €35,784 | €19,224 | -€16,560 | -46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,900 | €1,900 | -€10,000 | -84.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Other | 1319 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | €5,284 | -€1,276 | -€6,560 | |
| Amounts payable | 17/49 | €108,686 | €143,134 | +€34,448 | +31.7% |
| Amounts payable after more than one year | 17 | - | €40,000 | +€40,000 | |
| Financial debts | 170/4 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €106,738 | €100,933 | -€5,805 | -5.4% |
| Financial debts | 43 | €24,912 | €25,519 | +€607 | +2.4% |
| Credit institutions | 430/8 | €24,912 | €25,519 | +€607 | +2.4% |
| Trade debts | 44 | €27,275 | €9,056 | -€18,219 | -66.8% |
| Suppliers | 440/4 | €27,275 | €9,056 | -€18,219 | -66.8% |
| Taxes, remuneration and social security | 45 | €1,540 | €7,558 | +€6,018 | +390.8% |
| Taxes | 450/3 | €1,540 | €7,558 | +€6,018 | +390.8% |
| Other amounts payable | 47/48 | €53,012 | €58,801 | +€5,789 | +10.9% |
| Accrued charges and deferred income | 492/3 | €1,948 | €2,200 | +€253 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,018 | €778 | -€2,240 | -74.2% |
| Other operating charges | 640/8 | €2,119 | €1,688 | -€431 | -20.3% |
| Gross operating margin | 9900 | €10,731 | €10,075 | -€655 | -6.1% |
| Operating profit (loss) | 9901 | €5,594 | €7,609 | +€2,015 | +36.0% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €4,378 | €7,585 | +€3,206 | +73.2% |
| Recurring financial charges | 65 | €4,378 | €7,585 | +€3,206 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | €1,216 | €30 | -€1,186 | -97.6% |
| Income taxes | 67/77 | €849 | - | -€849 | |
| Profit (loss) for the period | 9904 | €367 | €30 | -€337 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €367 | €30 | -€337 | -91.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.