Cyber Protect: 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 Protect
Largest movements
- Cash -€50,349
down €50,349 (-69.0%), from €72,925 to €22,576
mainly Contributions, distributions and other (-€30,000) and Receivables within one year (-€28,958)
- Receivables within one year +€28,958
up €28,958 (+211%), from €13,731 to €42,690
of which Trade receivables: +€28,295
- Tangible fixed assets -€11,493
down €11,493 (-21.5%), from €53,367 to €41,874
of which Furniture and vehicles: -€10,801
- Reserves -€10,493
down €10,493 (-24.4%), from €43,023 to €32,530
- Debts after one year -€9,074
down €9,074 (-26.5%), from €34,250 to €25,176
- Other debts -€8,754
down €8,754 (-22.1%), from €39,693 to €30,939
- Tax, wage and social debts -€5,373
down €5,373 (-81.2%), from €6,620 to €1,247
- Depreciation +€5,247
up €5,247 (+84.0%), from €6,246 to €11,493
- Financial charges +€852
up €852 (+88.6%), from €962 to €1,814
- Other operating charges +€844
up €844 (+263%), from €321 to €1,164
- Taxes -€599
down €599 (-9.3%), from €6,433 to €5,834
- Gross operating margin +€501
up €501 (+1.3%), from €39,311 to €39,812
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 | €140,539 | €107,656 | -€32,883 | -23.4% |
| Fixed assets | 21/28 | €53,367 | €41,874 | -€11,493 | -21.5% |
| Tangible fixed assets | 22/27 | €53,367 | €41,874 | -€11,493 | -21.5% |
| Furniture and vehicles | 24 | €47,774 | €36,973 | -€10,801 | -22.6% |
| Other tangible fixed assets | 26 | €5,592 | €4,901 | -€692 | -12.4% |
| Current assets | 29/58 | €87,172 | €65,782 | -€21,390 | -24.5% |
| Amounts receivable within one year | 40/41 | €13,731 | €42,690 | +€28,958 | +211% |
| Trade receivables | 40 | €10,164 | €38,459 | +€28,295 | +278% |
| Other amounts receivable | 41 | €3,567 | €4,231 | +€664 | +18.6% |
| Cash at bank and in hand | 54/58 | €72,925 | €22,576 | -€50,349 | -69.0% |
| Deferred charges and accrued income | 490/1 | €516 | €516 | = | 0.0% |
| Total equity and liabilities | 10/49 | €140,539 | €107,656 | -€32,883 | -23.4% |
| Equity | 10/15 | €48,023 | €37,530 | -€10,493 | -21.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €43,023 | €32,530 | -€10,493 | -24.4% |
| Distributable reserves | 133 | €43,023 | €32,530 | -€10,493 | -24.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,516 | €70,126 | -€22,390 | -24.2% |
| Amounts payable after more than one year | 17 | €34,250 | €25,176 | -€9,074 | -26.5% |
| Financial debts | 170/4 | €34,250 | €25,176 | -€9,074 | -26.5% |
| Amounts payable within one year | 42/48 | €58,266 | €44,950 | -€13,316 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €8,722 | €9,074 | +€353 | +4.0% |
| Trade debts | 44 | €3,231 | €3,690 | +€459 | +14.2% |
| Suppliers | 440/4 | €3,231 | €3,690 | +€459 | +14.2% |
| Taxes, remuneration and social security | 45 | €6,620 | €1,247 | -€5,373 | -81.2% |
| Taxes | 450/3 | €6,620 | €1,247 | -€5,373 | -81.2% |
| Other amounts payable | 47/48 | €39,693 | €30,939 | -€8,754 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,246 | €11,493 | +€5,247 | +84.0% |
| Other operating charges | 640/8 | €321 | €1,164 | +€844 | +263% |
| Gross operating margin | 9900 | €39,311 | €39,812 | +€501 | +1.3% |
| Operating profit (loss) | 9901 | €32,744 | €27,155 | -€5,589 | -17.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €962 | €1,814 | +€852 | +88.6% |
| Recurring financial charges | 65 | €962 | €1,814 | +€852 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | €31,782 | €25,341 | -€6,441 | -20.3% |
| Income taxes | 67/77 | €6,433 | €5,834 | -€599 | -9.3% |
| Profit (loss) for the period | 9904 | €25,349 | €19,507 | -€5,842 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,349 | €19,507 | -€5,842 | -23.0% |
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.