Cyber Systems: 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.
Cyber Systems
Largest movements
- Tangible fixed assets +€63,410
new in 2025: €63,410
- Cash +€22,187
up €22,187 (+67.8%), from €32,732 to €54,919
mainly Debts after one year (+€56,695) and Net result for the year (+€19,123)
- Receivables within one year -€5,655
down €5,655 (-65.4%), from €8,641 to €2,986
of which Trade receivables: -€6,689
- Deferred charges and accrued income +€1,495
new in 2025: €1,495
- Debts after one year +€56,695
new in 2025: €56,695
- Profit (loss) carried forward +€19,123
up €19,123 (+76.1%), from €25,116 to €44,240
- Current portion of long-term debt +€9,462
new in 2025: €9,462
- Tax, wage and social debts -€5,824
down €5,824 (-64.2%), from €9,074 to €3,250
- Trade debts +€1,604
new in 2025: €1,604
- Depreciation +€9,346
up €9,346 (+775.6%), from €1,205 to €10,551
- Gross operating margin +€5,507
up €5,507 (+16.8%), from €32,828 to €38,335
- Financial charges +€1,521
new in 2025: €1,521
- Taxes +€777
up €777 (+12.3%), from €6,300 to €7,077
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 | €41,373 | €122,810 | +€81,436 | +196.8% |
| Fixed assets | 21/28 | - | €63,410 | +€63,410 | |
| Tangible fixed assets | 22/27 | - | €63,410 | +€63,410 | |
| Furniture and vehicles | 24 | - | €63,410 | +€63,410 | |
| Current assets | 29/58 | €41,373 | €59,400 | +€18,027 | +43.6% |
| Amounts receivable within one year | 40/41 | €8,641 | €2,986 | -€5,655 | -65.4% |
| Trade receivables | 40 | €6,941 | €252 | -€6,689 | -96.4% |
| Other amounts receivable | 41 | €1,700 | €2,733 | +€1,033 | +60.8% |
| Cash at bank and in hand | 54/58 | €32,732 | €54,919 | +€22,187 | +67.8% |
| Deferred charges and accrued income | 490/1 | - | €1,495 | +€1,495 | |
| Total equity and liabilities | 10/49 | €41,373 | €122,810 | +€81,436 | +196.8% |
| Equity | 10/15 | €29,116 | €48,240 | +€19,123 | +65.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,116 | €44,240 | +€19,123 | +76.1% |
| Amounts payable | 17/49 | €12,257 | €74,570 | +€62,313 | +508.4% |
| Amounts payable after more than one year | 17 | - | €56,695 | +€56,695 | |
| Financial debts | 170/4 | - | €56,695 | +€56,695 | |
| Amounts payable within one year | 42/48 | €12,257 | €17,273 | +€5,016 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,462 | +€9,462 | |
| Trade debts | 44 | - | €1,604 | +€1,604 | |
| Suppliers | 440/4 | - | €1,604 | +€1,604 | |
| Taxes, remuneration and social security | 45 | €9,074 | €3,250 | -€5,824 | -64.2% |
| Taxes | 450/3 | €9,074 | €3,250 | -€5,824 | -64.2% |
| Other amounts payable | 47/48 | €3,183 | €2,957 | -€226 | -7.1% |
| Accrued charges and deferred income | 492/3 | - | €601 | +€601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,205 | €10,551 | +€9,346 | +775.6% |
| Other operating charges | 640/8 | €207 | €209 | +€2 | +1.0% |
| Gross operating margin | 9900 | €32,828 | €38,335 | +€5,507 | +16.8% |
| Operating profit (loss) | 9901 | €31,416 | €27,575 | -€3,841 | -12.2% |
| Financial income | 75/76B | - | €146 | +€146 | |
| Recurring financial income | 75 | - | €146 | +€146 | |
| Financial charges | 65/66B | - | €1,521 | +€1,521 | |
| Recurring financial charges | 65 | - | €1,521 | +€1,521 | |
| Profit (loss) for the period before taxes | 9903 | €31,416 | €26,200 | -€5,216 | -16.6% |
| Income taxes | 67/77 | €6,300 | €7,077 | +€777 | +12.3% |
| Profit (loss) for the period | 9904 | €25,116 | €19,123 | -€5,993 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,116 | €19,123 | -€5,993 | -23.9% |
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 3 October 2026 via checked.be.