Cuypers J.: 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 J.
Largest movements
- Tangible fixed assets +€150,149
up €150,149 (+66.1%), from €227,171 to €377,320
of which Leasing and similar rights: +€177,869
- Debts after one year +€137,773
up €137,773 (+145%), from €94,906 to €232,679
- Reserves -€30,119
down €30,119 (-42.8%), from €70,428 to €40,309
- Current portion of long-term debt +€25,244
up €25,244 (+106%), from €23,726 to €48,970
- Tax, wage and social debts +€18,810
up €18,810 (+628%), from €2,996 to €21,806
of which Taxes: +€12,065
- Other debts -€7,075
down €7,075 (-11.0%), from €64,302 to €57,228
- Gross operating margin +€46,807
up €46,807 (+62.0%), from €75,450 to €122,258
- Taxes +€9,461
up €9,461 (+310%), from €3,055 to €12,515
- Financial charges +€5,023
up €5,023 (+138%), from €3,638 to €8,661
- Depreciation +€4,644
up €4,644 (+8.4%), from €55,565 to €60,209
- Write-downs +€3,750
up €3,750, from -€3,750 to €0
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 | €270,617 | €421,803 | +€151,187 | +55.9% |
| Fixed assets | 21/28 | €227,171 | €377,320 | +€150,149 | +66.1% |
| Tangible fixed assets | 22/27 | €227,171 | €377,320 | +€150,149 | +66.1% |
| Plant, machinery and equipment | 23 | €61,036 | €47,245 | -€13,791 | -22.6% |
| Furniture and vehicles | 24 | €32,232 | €18,303 | -€13,929 | -43.2% |
| Leasing and similar rights | 25 | €133,903 | €311,772 | +€177,869 | +133% |
| Current assets | 29/58 | €43,446 | €44,483 | +€1,037 | +2.4% |
| Amounts receivable within one year | 40/41 | €28,428 | €32,265 | +€3,837 | +13.5% |
| Trade receivables | 40 | €20,105 | €20,137 | +€31 | +0.2% |
| Other amounts receivable | 41 | €8,322 | €12,128 | +€3,806 | +45.7% |
| Cash at bank and in hand | 54/58 | €11,687 | €8,074 | -€3,613 | -30.9% |
| Deferred charges and accrued income | 490/1 | €3,331 | €4,144 | +€813 | +24.4% |
| Total equity and liabilities | 10/49 | €270,617 | €421,803 | +€151,187 | +55.9% |
| Equity | 10/15 | €80,428 | €50,309 | -€30,119 | -37.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €70,428 | €40,309 | -€30,119 | -42.8% |
| Distributable reserves | 133 | €70,428 | €40,309 | -€30,119 | -42.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €190,189 | €371,495 | +€181,306 | +95.3% |
| Amounts payable after more than one year | 17 | €94,906 | €232,679 | +€137,773 | +145% |
| Financial debts | 170/4 | €94,906 | €232,679 | +€137,773 | +145% |
| Amounts payable within one year | 42/48 | €94,972 | €136,991 | +€42,018 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | €23,726 | €48,970 | +€25,244 | +106% |
| Trade debts | 44 | €3,948 | €8,988 | +€5,040 | +128% |
| Suppliers | 440/4 | €3,948 | €8,988 | +€5,040 | +128% |
| Taxes, remuneration and social security | 45 | €2,996 | €21,806 | +€18,810 | +628% |
| Taxes | 450/3 | €1,373 | €13,438 | +€12,065 | +879% |
| Remuneration and social security | 454/9 | €1,623 | €8,368 | +€6,745 | +416% |
| Other amounts payable | 47/48 | €64,302 | €57,228 | -€7,075 | -11.0% |
| Accrued charges and deferred income | 492/3 | €310 | €1,825 | +€1,515 | +488% |
| Remuneration, social security and pensions | 62 | €282 | €0 | -€282 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,565 | €60,209 | +€4,644 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,750 | €0 | +€3,750 | |
| Other operating charges | 640/8 | €4,319 | €585 | -€3,734 | -86.4% |
| Gross operating margin | 9900 | €75,450 | €122,258 | +€46,807 | +62.0% |
| Operating profit (loss) | 9901 | €19,035 | €61,463 | +€42,429 | +223% |
| Financial income | 75/76B | €96 | €22 | -€74 | -77.0% |
| Recurring financial income | 75 | €96 | €22 | -€74 | -77.0% |
| Financial charges | 65/66B | €3,638 | €8,661 | +€5,023 | +138% |
| Recurring financial charges | 65 | €3,638 | €8,661 | +€5,023 | +138% |
| Profit (loss) for the period before taxes | 9903 | €15,493 | €52,824 | +€37,331 | +241% |
| Income taxes | 67/77 | €3,055 | €12,515 | +€9,461 | +310% |
| Profit (loss) for the period | 9904 | €12,438 | €40,309 | +€27,871 | +224% |
| Profit (loss) for the period to be appropriated | 9905 | €12,438 | €40,309 | +€27,871 | +224% |
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 13 October 2026 via checked.be.