CUYPERS COMMERCE: 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.
CUYPERS COMMERCE
Largest movements
- Cash +€21,761
up €21,761 (+130%), from €16,740 to €38,502
mainly Depreciation (+€27,060) and Net result for the year (+€17,509)
- Receivables within one year +€16,684
up €16,684 (+165%), from €10,124 to €26,808
of which Trade receivables: +€18,458
- Receivables after one year -€8,350
down €8,350 (-9.6%), from €87,127 to €78,777
- Tangible fixed assets -€5,882
down €5,882 (-5.6%), from €105,800 to €99,918
of which Furniture and vehicles: -€18,082
- Deferred charges and accrued income -€3,441
down €3,441 (-67.2%), from €5,117 to €1,676
- Reserves +€17,509
up €17,509 (+10.7%), from €163,563 to €181,072
of which Distributable reserves: +€20,983
- Tax, wage and social debts +€6,756
up €6,756 (+33.1%), from €20,437 to €27,193
of which Taxes: +€6,438
- Depreciation +€16,553
up €16,553 (+158%), from €10,507 to €27,060
- Gross operating margin +€10,454
up €10,454 (+10.9%), from €95,509 to €105,963
- Staff costs +€7,740
up €7,740 (+15.7%), from €49,155 to €56,895
- Taxes -€1,809
down €1,809 (-15.9%), from €11,388 to €9,579
- Financial income +€1,347
up €1,347 (+30.6%), from €4,407 to €5,753
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.
Derived cash bridge
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 | €225,213 | €248,249 | +€23,036 | +10.2% |
| Fixed assets | 21/28 | €105,800 | €102,168 | -€3,632 | -3.4% |
| Tangible fixed assets | 22/27 | €105,800 | €99,918 | -€5,882 | -5.6% |
| Plant, machinery and equipment | 23 | €1,573 | €646 | -€927 | -58.9% |
| Furniture and vehicles | 24 | €89,816 | €71,734 | -€18,082 | -20.1% |
| Other tangible fixed assets | 26 | €14,411 | €27,538 | +€13,127 | +91.1% |
| Financial fixed assets | 28 | - | €2,250 | +€2,250 | |
| Current assets | 29/58 | €119,413 | €146,081 | +€26,668 | +22.3% |
| Amounts receivable after more than one year | 29 | €87,127 | €78,777 | -€8,350 | -9.6% |
| Other amounts receivable | 291 | €87,127 | €78,777 | -€8,350 | -9.6% |
| Amounts receivable within one year | 40/41 | €10,124 | €26,808 | +€16,684 | +165% |
| Trade receivables | 40 | - | €18,458 | +€18,458 | |
| Other amounts receivable | 41 | €10,124 | €8,350 | -€1,774 | -17.5% |
| Current investments | 50/53 | €304 | €318 | +€14 | +4.4% |
| Cash at bank and in hand | 54/58 | €16,740 | €38,502 | +€21,761 | +130% |
| Deferred charges and accrued income | 490/1 | €5,117 | €1,676 | -€3,441 | -67.2% |
| Total equity and liabilities | 10/49 | €225,213 | €248,249 | +€23,036 | +10.2% |
| Equity | 10/15 | €200,747 | €218,256 | +€17,509 | +8.7% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €163,563 | €181,072 | +€17,509 | +10.7% |
| Tax-exempt reserves | 132 | €3,801 | €326 | -€3,475 | -91.4% |
| Distributable reserves | 133 | €159,762 | €180,746 | +€20,983 | +13.1% |
| Provisions and deferred taxes | 16 | €1,266 | €109 | -€1,157 | -91.4% |
| Deferred taxes | 168 | €1,266 | €109 | -€1,157 | -91.4% |
| Amounts payable | 17/49 | €23,201 | €29,885 | +€6,684 | +28.8% |
| Amounts payable within one year | 42/48 | €23,139 | €29,885 | +€6,746 | +29.2% |
| Trade debts | 44 | €2,602 | €2,541 | -€60 | -2.3% |
| Suppliers | 440/4 | €2,602 | €2,541 | -€60 | -2.3% |
| Taxes, remuneration and social security | 45 | €20,437 | €27,193 | +€6,756 | +33.1% |
| Taxes | 450/3 | €13,050 | €19,488 | +€6,438 | +49.3% |
| Remuneration and social security | 454/9 | €7,387 | €7,705 | +€319 | +4.3% |
| Other amounts payable | 47/48 | €100 | €150 | +€50 | +50.0% |
| Accrued charges and deferred income | 492/3 | €62 | - | -€62 | |
| Remuneration, social security and pensions | 62 | €49,155 | €56,895 | +€7,740 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,507 | €27,060 | +€16,553 | +158% |
| Other operating charges | 640/8 | €512 | €1,426 | +€914 | +178% |
| Non-recurring operating charges | 66A | €5,237 | €145 | -€5,091 | -97.2% |
| Gross operating margin | 9900 | €95,509 | €105,963 | +€10,454 | +10.9% |
| Operating profit (loss) | 9901 | €30,098 | €20,436 | -€9,662 | -32.1% |
| Financial income | 75/76B | €4,407 | €5,753 | +€1,347 | +30.6% |
| Recurring financial income | 75 | €4,407 | €5,753 | +€1,347 | +30.6% |
| Financial charges | 65/66B | €1,067 | €259 | -€808 | -75.7% |
| Recurring financial charges | 65 | €1,067 | €259 | -€808 | -75.7% |
| Profit (loss) for the period before taxes | 9903 | €33,438 | €25,930 | -€7,507 | -22.5% |
| Transfer from deferred taxes | 780 | €1,157 | €1,157 | = | 0.0% |
| Income taxes | 67/77 | €11,388 | €9,579 | -€1,809 | -15.9% |
| Profit (loss) for the period | 9904 | €23,207 | €17,509 | -€5,699 | -24.6% |
| Transfer from tax-exempt reserves | 789 | €3,475 | €3,475 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,682 | €20,983 | -€5,699 | -21.4% |
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 19 October 2026 via checked.be.