Cyber Enterprise Modelling: 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.
Cyber Enterprise Modelling
Largest movements
- Cash -€30,209
down €30,209 (-76.4%), from €39,518 to €9,309
mainly Net result for the year (-€39,087) and Investment in fixed assets (net) (-€3,968)
- Intangible fixed assets +€1,340
up €1,340 (+76.3%), from €1,757 to €3,097
- Tangible fixed assets +€998
new in 2025: €998
- Deferred charges and accrued income +€754
new in 2025: €754
- Profit (loss) carried forward -€39,087
down €39,087 (-2120.3%), from -€1,844 to -€40,931
- Trade debts +€12,571
up €12,571 (+1298.8%), from €968 to €13,539
- Gross operating margin -€51,920
down €51,920, from €15,491 to -€36,430
- Depreciation +€869
up €869 (+114.4%), from €760 to €1,629
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 | €59,935 | €33,316 | -€26,619 | -44.4% |
| Fixed assets | 21/28 | €1,757 | €4,096 | +€2,338 | +133.1% |
| Intangible fixed assets | 21 | €1,757 | €3,097 | +€1,340 | +76.3% |
| Tangible fixed assets | 22/27 | - | €998 | +€998 | |
| Furniture and vehicles | 24 | - | €998 | +€998 | |
| Current assets | 29/58 | €58,177 | €29,220 | -€28,957 | -49.8% |
| Amounts receivable within one year | 40/41 | €18,659 | €19,156 | +€497 | +2.7% |
| Trade receivables | 40 | €16,068 | €18,951 | +€2,883 | +17.9% |
| Other amounts receivable | 41 | €2,591 | €205 | -€2,386 | -92.1% |
| Cash at bank and in hand | 54/58 | €39,518 | €9,309 | -€30,209 | -76.4% |
| Deferred charges and accrued income | 490/1 | - | €754 | +€754 | |
| Total equity and liabilities | 10/49 | €59,935 | €33,316 | -€26,619 | -44.4% |
| Equity | 10/15 | €58,157 | €19,069 | -€39,087 | -67.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,844 | -€40,931 | -€39,087 | -2120.3% |
| Amounts payable | 17/49 | €1,778 | €14,247 | +€12,468 | +701.1% |
| Amounts payable within one year | 42/48 | €1,778 | €14,247 | +€12,468 | +701.1% |
| Financial debts | 43 | €359 | €463 | +€104 | +29.0% |
| Credit institutions | 430/8 | €359 | €463 | +€104 | +29.0% |
| Trade debts | 44 | €968 | €13,539 | +€12,571 | +1298.8% |
| Suppliers | 440/4 | €968 | €13,539 | +€12,571 | +1298.8% |
| Other amounts payable | 47/48 | €451 | €245 | -€207 | -45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €760 | €1,629 | +€869 | +114.4% |
| Other operating charges | 640/8 | €387 | €684 | +€297 | +76.7% |
| Gross operating margin | 9900 | €15,491 | -€36,430 | -€51,920 | |
| Operating profit (loss) | 9901 | €14,344 | -€38,743 | -€53,087 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €277 | €345 | +€68 | +24.5% |
| Recurring financial charges | 65 | €277 | €345 | +€68 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €14,067 | -€39,087 | -€53,154 | |
| Profit (loss) for the period | 9904 | €14,067 | -€39,087 | -€53,154 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,067 | -€39,087 | -€53,154 |
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 11 October 2026 via checked.be.