CuypCo: 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.
CuypCo
Largest movements
- Tangible fixed assets +€31,958
up €31,958 (+190.9%), from €16,737 to €48,695
of which Furniture and vehicles: +€33,257
- Cash +€10,336
up €10,336 (+13.1%), from €78,788 to €89,125
mainly Net result for the year (+€31,340) and Depreciation (+€5,585)
- Receivables within one year -€3,622
down €3,622 (-6.6%), from €54,850 to €51,227
of which Trade receivables: -€12,438
- Reserves +€31,330
up €31,330 (+26.9%), from €116,380 to €147,710
- Tax, wage and social debts +€5,212
up €5,212 (+16.8%), from €31,084 to €36,295
- Trade debts +€1,969
up €1,969 (+243.6%), from €808 to €2,777
- Gross operating margin -€58,237
down €58,237 (-53.1%), from €109,682 to €51,445
- Taxes -€8,950
down €8,950 (-40.0%), from €22,384 to €13,434
- Depreciation +€4,184
up €4,184 (+298.6%), from €1,401 to €5,585
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 | €151,373 | €189,893 | +€38,520 | +25.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €16,737 | €48,695 | +€31,958 | +190.9% |
| Tangible fixed assets | 22/27 | €16,737 | €48,695 | +€31,958 | +190.9% |
| Furniture and vehicles | 24 | €3,789 | €37,045 | +€33,257 | +877.8% |
| Other tangible fixed assets | 26 | €12,949 | €11,650 | -€1,299 | -10.0% |
| Current assets | 29/58 | €134,636 | €141,198 | +€6,562 | +4.9% |
| Amounts receivable within one year | 40/41 | €54,850 | €51,227 | -€3,622 | -6.6% |
| Trade receivables | 40 | €12,438 | €0 | -€12,438 | -100.0% |
| Other amounts receivable | 41 | €42,412 | €51,227 | +€8,816 | +20.8% |
| Cash at bank and in hand | 54/58 | €78,788 | €89,125 | +€10,336 | +13.1% |
| Deferred charges and accrued income | 490/1 | €997 | €846 | -€151 | -15.2% |
| Total equity and liabilities | 10/49 | €151,373 | €189,893 | +€38,520 | +25.4% |
| Equity | 10/15 | €119,481 | €150,821 | +€31,340 | +26.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €116,380 | €147,710 | +€31,330 | +26.9% |
| Distributable reserves | 133 | €116,380 | €147,710 | +€31,330 | +26.9% |
| Profit (loss) carried forward | 14 | €101 | €111 | +€10 | +10.0% |
| Amounts payable | 17/49 | €31,892 | €39,072 | +€7,180 | +22.5% |
| Amounts payable within one year | 42/48 | €31,892 | €39,072 | +€7,180 | +22.5% |
| Trade debts | 44 | €808 | €2,777 | +€1,969 | +243.6% |
| Suppliers | 440/4 | €808 | €2,777 | +€1,969 | +243.6% |
| Taxes, remuneration and social security | 45 | €31,084 | €36,295 | +€5,212 | +16.8% |
| Taxes | 450/3 | €31,084 | €36,295 | +€5,212 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,401 | €5,585 | +€4,184 | +298.6% |
| Other operating charges | 640/8 | €520 | €517 | -€3 | -0.5% |
| Gross operating margin | 9900 | €109,682 | €51,445 | -€58,237 | -53.1% |
| Operating profit (loss) | 9901 | €107,761 | €45,343 | -€62,418 | -57.9% |
| Financial income | 75/76B | €1,557 | €2,360 | +€802 | +51.5% |
| Recurring financial income | 75 | €1,557 | €2,360 | +€802 | +51.5% |
| Financial charges | 65/66B | €3,138 | €2,929 | -€209 | -6.7% |
| Recurring financial charges | 65 | €3,138 | €2,929 | -€209 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €106,180 | €44,774 | -€61,406 | -57.8% |
| Income taxes | 67/77 | €22,384 | €13,434 | -€8,950 | -40.0% |
| Profit (loss) for the period | 9904 | €83,797 | €31,340 | -€52,457 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,797 | €31,340 | -€52,457 | -62.6% |
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 1 October 2026 via checked.be.