Cyanda: 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.
Cyanda
Largest movements
- Receivables within one year +€38,827
up €38,827 (+95.0%), from €40,888 to €79,715
of which Trade receivables: +€36,756
- Cash -€9,450
down €9,450 (-17.6%), from €53,605 to €44,156
mainly Receivables within one year (-€38,827) and Tax, wage and social debts (-€6,259)
- Tangible fixed assets -€7,956
down €7,956 (-38.6%), from €20,607 to €12,651
of which Plant, machinery and equipment: -€4,747
- Stocks and contracts +€4,083
up €4,083 (+5.2%), from €78,913 to €82,996
- Deferred charges and accrued income +€3,220
up €3,220 (+616.4%), from €522 to €3,743
- Trade debts +€24,927
up €24,927 (+132.6%), from €18,804 to €43,730
- Reserves +€17,846
up €17,846 (+16.4%), from €108,806 to €126,651
- Tax, wage and social debts -€6,259
down €6,259 (-13.4%), from €46,539 to €40,281
of which Taxes: -€6,259
- Accrued charges and deferred income -€3,330
down €3,330 (-100.0%), from €3,330 to €0
- Debts after one year -€2,945
down €2,945 (-100.0%), from €2,945 to €0
- Gross operating margin -€37,728
down €37,728 (-54.1%), from €69,696 to €31,969
- Taxes -€8,251
down €8,251 (-62.5%), from €13,200 to €4,950
- Depreciation +€1,436
up €1,436 (+22.0%), from €6,520 to €7,956
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 | €194,536 | €223,260 | +€28,724 | +14.8% |
| Fixed assets | 21/28 | €20,607 | €12,651 | -€7,956 | -38.6% |
| Tangible fixed assets | 22/27 | €20,607 | €12,651 | -€7,956 | -38.6% |
| Plant, machinery and equipment | 23 | €13,758 | €9,010 | -€4,747 | -34.5% |
| Furniture and vehicles | 24 | €6,044 | €3,483 | -€2,561 | -42.4% |
| Other tangible fixed assets | 26 | €806 | €158 | -€648 | -80.4% |
| Current assets | 29/58 | €173,929 | €210,609 | +€36,680 | +21.1% |
| Stocks and contracts in progress | 3 | €78,913 | €82,996 | +€4,083 | +5.2% |
| Stocks | 30/36 | €78,913 | €82,996 | +€4,083 | +5.2% |
| Amounts receivable within one year | 40/41 | €40,888 | €79,715 | +€38,827 | +95.0% |
| Trade receivables | 40 | €29,963 | €66,718 | +€36,756 | +122.7% |
| Other amounts receivable | 41 | €10,925 | €12,996 | +€2,071 | +19.0% |
| Cash at bank and in hand | 54/58 | €53,605 | €44,156 | -€9,450 | -17.6% |
| Deferred charges and accrued income | 490/1 | €522 | €3,743 | +€3,220 | +616.4% |
| Total equity and liabilities | 10/49 | €194,536 | €223,260 | +€28,724 | +14.8% |
| Equity | 10/15 | €109,806 | €127,651 | +€17,846 | +16.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €108,806 | €126,651 | +€17,846 | +16.4% |
| Distributable reserves | 133 | €108,806 | €126,651 | +€17,846 | +16.4% |
| Amounts payable | 17/49 | €84,730 | €95,609 | +€10,878 | +12.8% |
| Amounts payable after more than one year | 17 | €2,945 | €0 | -€2,945 | -100.0% |
| Financial debts | 170/4 | €2,945 | €0 | -€2,945 | -100.0% |
| Amounts payable within one year | 42/48 | €78,455 | €95,609 | +€17,153 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €5,680 | €2,945 | -€2,735 | -48.2% |
| Trade debts | 44 | €18,804 | €43,730 | +€24,927 | +132.6% |
| Suppliers | 440/4 | €18,804 | €43,730 | +€24,927 | +132.6% |
| Advances received on contracts in progress | 46 | €7,432 | €8,653 | +€1,220 | +16.4% |
| Taxes, remuneration and social security | 45 | €46,539 | €40,281 | -€6,259 | -13.4% |
| Taxes | 450/3 | €46,539 | €40,281 | -€6,259 | -13.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €3,330 | €0 | -€3,330 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,520 | €7,956 | +€1,436 | +22.0% |
| Other operating charges | 640/8 | €1,500 | €1,004 | -€496 | -33.0% |
| Gross operating margin | 9900 | €69,696 | €31,969 | -€37,728 | -54.1% |
| Operating profit (loss) | 9901 | €61,677 | €23,008 | -€38,668 | -62.7% |
| Financial income | 75/76B | €364 | €691 | +€327 | +90.0% |
| Recurring financial income | 75 | €364 | €691 | +€327 | +90.0% |
| Financial charges | 65/66B | €1,360 | €904 | -€456 | -33.5% |
| Recurring financial charges | 65 | €1,360 | €904 | -€456 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €60,681 | €22,795 | -€37,885 | -62.4% |
| Income taxes | 67/77 | €13,200 | €4,950 | -€8,251 | -62.5% |
| Profit (loss) for the period | 9904 | €47,480 | €17,846 | -€29,635 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,480 | €17,846 | -€29,635 | -62.4% |
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 4 October 2026 via checked.be.