CYBERNETICS: 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.
CYBERNETICS
Largest movements
- Receivables within one year -€31,118
down €31,118 (-70.4%), from €44,221 to €13,103
of which Trade receivables: -€31,505
- Cash -€28,752
down €28,752 (-96.3%), from €29,867 to €1,115
mainly Other debts (-€43,684) and Trade debts (-€21,450)
- Tangible fixed assets -€12,384
down €12,384 (-2.5%), from €501,092 to €488,708
of which Land and buildings: -€16,515
- Other debts -€43,684
down €43,684 (-33.8%), from €129,351 to €85,667
- Trade debts -€21,450
down €21,450 (-68.1%), from €31,493 to €10,042
- Profit (loss) carried forward +€10,041
up €10,041 (+11.5%), from €87,469 to €97,510
- Advances received -€9,752
down €9,752 (-81.0%), from €12,043 to €2,291
- Reserves -€6,465
down €6,465 (-7.9%), from €81,818 to €75,353
of which Tax-exempt reserves: -€6,465
- Gross operating margin -€52,713
down €52,713 (-59.3%), from €88,960 to €36,247
- Depreciation +€3,888
up €3,888 (+15.0%), from €26,004 to €29,892
- Other operating charges +€1,602
up €1,602 (+49.9%), from €3,212 to €4,814
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 | €576,068 | €504,718 | -€71,350 | -12.4% |
| Fixed assets | 21/28 | €501,367 | €488,983 | -€12,384 | -2.5% |
| Tangible fixed assets | 22/27 | €501,092 | €488,708 | -€12,384 | -2.5% |
| Land and buildings | 22 | €424,773 | €408,258 | -€16,515 | -3.9% |
| Plant, machinery and equipment | 23 | €58 | €0 | -€58 | -100% |
| Furniture and vehicles | 24 | - | €1,690 | +€1,690 | |
| Other tangible fixed assets | 26 | €76,261 | €78,761 | +€2,500 | +3.3% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €74,701 | €15,735 | -€58,966 | -78.9% |
| Amounts receivable within one year | 40/41 | €44,221 | €13,103 | -€31,118 | -70.4% |
| Trade receivables | 40 | €44,221 | €12,716 | -€31,505 | -71.2% |
| Other amounts receivable | 41 | €0 | €387 | +€387 | |
| Cash at bank and in hand | 54/58 | €29,867 | €1,115 | -€28,752 | -96.3% |
| Deferred charges and accrued income | 490/1 | €613 | €1,517 | +€904 | +147% |
| Total equity and liabilities | 10/49 | €576,068 | €504,718 | -€71,350 | -12.4% |
| Equity | 10/15 | €231,287 | €234,863 | +€3,576 | +1.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €81,818 | €75,353 | -€6,465 | -7.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €51,114 | €44,649 | -€6,465 | -12.6% |
| Distributable reserves | 133 | €30,705 | €30,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,469 | €97,510 | +€10,041 | +11.5% |
| Provisions and deferred taxes | 16 | €30,599 | €27,991 | -€2,609 | -8.5% |
| Deferred taxes | 168 | €30,599 | €27,991 | -€2,609 | -8.5% |
| Amounts payable | 17/49 | €314,182 | €241,865 | -€72,317 | -23.0% |
| Amounts payable after more than one year | 17 | €140,000 | €140,000 | = | 0.0% |
| Financial debts | 170/4 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €173,794 | €98,636 | -€75,159 | -43.2% |
| Trade debts | 44 | €31,493 | €10,042 | -€21,450 | -68.1% |
| Suppliers | 440/4 | €31,493 | €10,042 | -€21,450 | -68.1% |
| Advances received on contracts in progress | 46 | €12,043 | €2,291 | -€9,752 | -81.0% |
| Taxes, remuneration and social security | 45 | €907 | €636 | -€272 | -29.9% |
| Taxes | 450/3 | €907 | €636 | -€272 | -29.9% |
| Other amounts payable | 47/48 | €129,351 | €85,667 | -€43,684 | -33.8% |
| Accrued charges and deferred income | 492/3 | €387 | €3,229 | +€2,842 | +734% |
| Non-recurring operating income | 76A | €44,627 | €0 | -€44,627 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,004 | €29,892 | +€3,888 | +15.0% |
| Other operating charges | 640/8 | €3,212 | €4,814 | +€1,602 | +49.9% |
| Gross operating margin | 9900 | €88,960 | €36,247 | -€52,713 | -59.3% |
| Operating profit (loss) | 9901 | €59,745 | €1,542 | -€58,203 | -97.4% |
| Financial income | 75/76B | €0 | €58 | +€58 | +578,000% |
| Recurring financial income | 75 | €0 | €58 | +€58 | +578,000% |
| Financial charges | 65/66B | €568 | €632 | +€64 | +11.3% |
| Recurring financial charges | 65 | €568 | €632 | +€64 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €59,177 | €967 | -€58,210 | -98.4% |
| Transfer from deferred taxes | 780 | €2,609 | €2,609 | = | 0.0% |
| Transfer to deferred taxes | 680 | €13,218 | €0 | -€13,218 | -100% |
| Profit (loss) for the period | 9904 | €48,568 | €3,576 | -€44,992 | -92.6% |
| Transfer from tax-exempt reserves | 789 | €6,465 | €6,465 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €39,654 | €0 | -€39,654 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €15,379 | €10,041 | -€5,338 | -34.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.