CYBERNET: 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.
CYBERNET
Largest movements
- Tangible fixed assets +€84,725
up €84,725 (+31.6%), from €267,732 to €352,457
of which Furniture and vehicles: +€67,758
- Cash -€62,621
down €62,621 (-26.6%), from €235,543 to €172,922
mainly Investment in fixed assets (net) (-€193,312) and Net result for the year (-€56,074)
- Receivables within one year +€34,000
up €34,000 (+21.2%), from €160,027 to €194,027
of which Other amounts receivable: +€24,389
- Deferred charges and accrued income +€13,490
up €13,490 (+902.3%), from €1,495 to €14,985
- Stocks and contracts +€11,723
up €11,723 (+17.5%), from €66,914 to €78,637
- Debts after one year +€70,560
up €70,560 (+196.9%), from €35,841 to €106,401
- Profit (loss) carried forward -€52,958
down €52,958 (-14.8%), from €357,123 to €304,165
- Trade debts +€48,615
up €48,615 (+59.0%), from €82,406 to €131,021
- Current portion of long-term debt +€17,775
up €17,775 (+46.2%), from €38,500 to €56,275
- Financial charges +€50,509
up €50,509 (+1776.0%), from €2,844 to €53,353
- Depreciation +€27,263
up €27,263 (+33.5%), from €81,324 to €108,587
- Staff costs +€25,736
up €25,736 (+12.3%), from €209,718 to €235,454
- Other operating charges +€23,006
up €23,006 (+349.0%), from €6,592 to €29,598
- Taxes -€19,080
down €19,080 (-96.9%), from €19,691 to €611
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €731,761 | €813,078 | +€81,317 | +11.1% |
| Fixed assets | 21/28 | €267,782 | €352,507 | +€84,725 | +31.6% |
| Tangible fixed assets | 22/27 | €267,732 | €352,457 | +€84,725 | +31.6% |
| Plant, machinery and equipment | 23 | €10,280 | €8,089 | -€2,191 | -21.3% |
| Furniture and vehicles | 24 | €220,605 | €288,363 | +€67,758 | +30.7% |
| Other tangible fixed assets | 26 | €36,847 | €56,005 | +€19,158 | +52.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €463,979 | €460,571 | -€3,408 | -0.7% |
| Stocks and contracts in progress | 3 | €66,914 | €78,637 | +€11,723 | +17.5% |
| Stocks | 30/36 | €66,914 | €78,637 | +€11,723 | +17.5% |
| Amounts receivable within one year | 40/41 | €160,027 | €194,027 | +€34,000 | +21.2% |
| Trade receivables | 40 | €159,739 | €169,350 | +€9,611 | +6.0% |
| Other amounts receivable | 41 | €288 | €24,677 | +€24,389 | +8468.4% |
| Cash at bank and in hand | 54/58 | €235,543 | €172,922 | -€62,621 | -26.6% |
| Deferred charges and accrued income | 490/1 | €1,495 | €14,985 | +€13,490 | +902.3% |
| Total equity and liabilities | 10/49 | €731,761 | €813,078 | +€81,317 | +11.1% |
| Equity | 10/15 | €513,335 | €457,261 | -€56,074 | -10.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €94,212 | €91,096 | -€3,116 | -3.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €88,012 | €84,896 | -€3,116 | -3.5% |
| Profit (loss) carried forward | 14 | €357,123 | €304,165 | -€52,958 | -14.8% |
| Provisions and deferred taxes | 16 | €8,310 | €7,271 | -€1,039 | -12.5% |
| Deferred taxes | 168 | €8,310 | €7,271 | -€1,039 | -12.5% |
| Amounts payable | 17/49 | €210,116 | €348,546 | +€138,430 | +65.9% |
| Amounts payable after more than one year | 17 | €35,841 | €106,401 | +€70,560 | +196.9% |
| Financial debts | 170/4 | €35,841 | €106,401 | +€70,560 | +196.9% |
| Amounts payable within one year | 42/48 | €174,275 | €242,145 | +€67,870 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €38,500 | €56,275 | +€17,775 | +46.2% |
| Trade debts | 44 | €82,406 | €131,021 | +€48,615 | +59.0% |
| Suppliers | 440/4 | €82,406 | €131,021 | +€48,615 | +59.0% |
| Taxes, remuneration and social security | 45 | €52,795 | €49,851 | -€2,944 | -5.6% |
| Taxes | 450/3 | €33,395 | €31,806 | -€1,589 | -4.8% |
| Remuneration and social security | 454/9 | €19,400 | €18,045 | -€1,355 | -7.0% |
| Other amounts payable | 47/48 | €574 | €4,998 | +€4,424 | +770.7% |
| Remuneration, social security and pensions | 62 | €209,718 | €235,454 | +€25,736 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,324 | €108,587 | +€27,263 | +33.5% |
| Other operating charges | 640/8 | €6,592 | €29,598 | +€23,006 | +349.0% |
| Gross operating margin | 9900 | €357,613 | €370,035 | +€12,422 | +3.5% |
| Operating profit (loss) | 9901 | €59,979 | -€3,604 | -€63,583 | |
| Financial income | 75/76B | €433 | €455 | +€22 | +5.1% |
| Recurring financial income | 75 | €433 | €455 | +€22 | +5.1% |
| Financial charges | 65/66B | €2,844 | €53,353 | +€50,509 | +1776.0% |
| Recurring financial charges | 65 | €2,844 | €53,353 | +€50,509 | +1776.0% |
| Profit (loss) for the period before taxes | 9903 | €57,568 | -€56,502 | -€114,070 | |
| Transfer from deferred taxes | 780 | €1,039 | €1,039 | = | 0.0% |
| Income taxes | 67/77 | €19,691 | €611 | -€19,080 | -96.9% |
| Profit (loss) for the period | 9904 | €38,916 | -€56,074 | -€94,990 | |
| Transfer from tax-exempt reserves | 789 | €3,116 | €3,116 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,032 | -€52,958 | -€94,990 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.