Cyber Praxis: 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 Praxis
Largest movements
- Tangible fixed assets -€71,095
down €71,095 (-17.4%), from €409,571 to €338,476
of which Furniture and vehicles: -€54,799
- Receivables within one year -€55,959
down €55,959 (-30.3%), from €184,514 to €128,555
of which Trade receivables: -€100,637
- Cash +€33,154
up €33,154 (+16.8%), from €197,482 to €230,636
mainly Depreciation (+€97,283) and Receivables within one year (+€55,959)
- Intangible fixed assets +€25,163
up €25,163 (+346.0%), from €7,273 to €32,436
- Reserves -€102,328
down €102,328 (-17.8%), from €574,583 to €472,256
of which Tax-exempt reserves: -€79,990
- Other debts +€40,804
up €40,804 (+122.1%), from €33,407 to €74,211
- Debts after one year -€29,822
down €29,822 (-26.8%), from €111,300 to €81,478
- Trade debts +€25,082
up €25,082 (+473.3%), from €5,299 to €30,382
- Investment grants +€18,888
up €18,888 (+300.8%), from €6,279 to €25,167
- Gross operating margin -€231,193
down €231,193 (-53.9%), from €429,100 to €197,907
- Taxes -€66,640
down €66,640 (-92.6%), from €71,962 to €5,322
- Staff costs +€36,244
up €36,244 (+54.3%), from €66,798 to €103,041
- Financial charges +€17,219
up €17,219 (+186.1%), from €9,255 to €26,474
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 | €818,101 | €755,286 | -€62,816 | -7.7% |
| Fixed assets | 21/28 | €416,844 | €370,912 | -€45,932 | -11.0% |
| Intangible fixed assets | 21 | €7,273 | €32,436 | +€25,163 | +346.0% |
| Tangible fixed assets | 22/27 | €409,571 | €338,476 | -€71,095 | -17.4% |
| Land and buildings | 22 | €190,473 | €178,076 | -€12,397 | -6.5% |
| Plant, machinery and equipment | 23 | €29,744 | €25,844 | -€3,900 | -13.1% |
| Furniture and vehicles | 24 | €189,354 | €134,556 | -€54,799 | -28.9% |
| Current assets | 29/58 | €401,257 | €384,374 | -€16,883 | -4.2% |
| Amounts receivable within one year | 40/41 | €184,514 | €128,555 | -€55,959 | -30.3% |
| Trade receivables | 40 | €184,514 | €83,877 | -€100,637 | -54.5% |
| Other amounts receivable | 41 | - | €44,678 | +€44,678 | |
| Cash at bank and in hand | 54/58 | €197,482 | €230,636 | +€33,154 | +16.8% |
| Deferred charges and accrued income | 490/1 | €19,261 | €25,183 | +€5,922 | +30.7% |
| Total equity and liabilities | 10/49 | €818,101 | €755,286 | -€62,816 | -7.7% |
| Equity | 10/15 | €588,922 | €505,483 | -€83,440 | -14.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €574,583 | €472,256 | -€102,328 | -17.8% |
| Tax-exempt reserves | 132 | €151,560 | €71,570 | -€79,990 | -52.8% |
| Distributable reserves | 133 | €423,023 | €400,686 | -€22,338 | -5.3% |
| Investment grants | 15 | €6,279 | €25,167 | +€18,888 | +300.8% |
| Amounts payable | 17/49 | €229,179 | €249,803 | +€20,624 | +9.0% |
| Amounts payable after more than one year | 17 | €111,300 | €81,478 | -€29,822 | -26.8% |
| Financial debts | 170/4 | €111,300 | €81,478 | -€29,822 | -26.8% |
| Amounts payable within one year | 42/48 | €117,878 | €168,325 | +€50,446 | +42.8% |
| Current portion of amounts payable after more than one year | 42 | €37,444 | €29,822 | -€7,622 | -20.4% |
| Trade debts | 44 | €5,299 | €30,382 | +€25,082 | +473.3% |
| Suppliers | 440/4 | €5,299 | €30,382 | +€25,082 | +473.3% |
| Taxes, remuneration and social security | 45 | €41,727 | €33,910 | -€7,818 | -18.7% |
| Taxes | 450/3 | €32,927 | €21,349 | -€11,577 | -35.2% |
| Remuneration and social security | 454/9 | €8,801 | €12,560 | +€3,760 | +42.7% |
| Other amounts payable | 47/48 | €33,407 | €74,211 | +€40,804 | +122.1% |
| Remuneration, social security and pensions | 62 | €66,798 | €103,041 | +€36,244 | +54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,411 | €97,283 | +€1,872 | +2.0% |
| Other operating charges | 640/8 | €1,745 | €1,931 | +€186 | +10.7% |
| Gross operating margin | 9900 | €429,100 | €197,907 | -€231,193 | -53.9% |
| Operating profit (loss) | 9901 | €265,146 | -€4,348 | -€269,494 | |
| Financial income | 75/76B | €1,638 | €4,263 | +€2,625 | +160.3% |
| Recurring financial income | 75 | €1,638 | €4,263 | +€2,625 | +160.3% |
| Financial charges | 65/66B | €9,255 | €26,474 | +€17,219 | +186.1% |
| Recurring financial charges | 65 | €9,255 | €26,474 | +€17,219 | +186.1% |
| Profit (loss) for the period before taxes | 9903 | €257,530 | -€26,559 | -€284,088 | |
| Income taxes | 67/77 | €71,962 | €5,322 | -€66,640 | -92.6% |
| Profit (loss) for the period | 9904 | €185,567 | -€31,881 | -€217,448 | |
| Transfer from tax-exempt reserves | 789 | - | €79,990 | +€79,990 | |
| Transfer to tax-exempt reserves | 689 | €71,570 | - | -€71,570 | |
| Profit (loss) for the period to be appropriated | 9905 | €113,997 | €48,109 | -€65,888 | -57.8% |
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.