CyberSec Advisory: 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.
CyberSec Advisory
Largest movements
- Cash +€83,238
up €83,238 (+2,269%), from €3,668 to €86,906
mainly Accrued charges and deferred income (+€50,000) and Investment in fixed assets (net) (+€21,370)
- Receivables within one year +€36,166
up €36,166 (+265%), from €13,673 to €49,838
of which Other amounts receivable: +€25,834
- Tangible fixed assets -€22,422
down €22,422 (-87.7%), from €25,571 to €3,149
of which Furniture and vehicles: -€24,064
- Deferred charges and accrued income -€15,426
down €15,426 (-96.4%), from €16,000 to €574
- Accrued charges and deferred income +€50,000
new in 2025: €50,000
- Trade debts +€19,295
up €19,295 (+1,376%), from €1,402 to €20,697
- Tax, wage and social debts +€16,338
up €16,338 (+154%), from €10,592 to €26,929
- Current portion of long-term debt -€6,456
down €6,456 (-34.1%), from €18,948 to €12,493
- Profit (loss) carried forward +€2,378
up €2,378 (+9.3%), from €25,470 to €27,848
- Gross operating margin +€21,562
up €21,562, from -€8,445 to €13,117
- Other operating charges +€3,674
up €3,674 (+761%), from €483 to €4,157
- Taxes +€3,096
up €3,096 (+4,182%), from €74 to €3,170
- Financial income +€779
new in 2025: €779
- Financial charges +€767
up €767 (+462%), from €166 to €933
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 | €58,912 | €140,467 | +€81,555 | +138% |
| Fixed assets | 21/28 | €25,571 | €3,149 | -€22,422 | -87.7% |
| Tangible fixed assets | 22/27 | €25,571 | €3,149 | -€22,422 | -87.7% |
| Furniture and vehicles | 24 | €25,571 | €1,507 | -€24,064 | -94.1% |
| Other tangible fixed assets | 26 | - | €1,642 | +€1,642 | |
| Current assets | 29/58 | €33,341 | €137,319 | +€103,978 | +312% |
| Amounts receivable within one year | 40/41 | €13,673 | €49,838 | +€36,166 | +265% |
| Trade receivables | 40 | €10,964 | €21,296 | +€10,332 | +94.2% |
| Other amounts receivable | 41 | €2,709 | €28,542 | +€25,834 | +954% |
| Cash at bank and in hand | 54/58 | €3,668 | €86,906 | +€83,238 | +2,269% |
| Deferred charges and accrued income | 490/1 | €16,000 | €574 | -€15,426 | -96.4% |
| Total equity and liabilities | 10/49 | €58,912 | €140,467 | +€81,555 | +138% |
| Equity | 10/15 | €27,970 | €30,348 | +€2,378 | +8.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,470 | €27,848 | +€2,378 | +9.3% |
| Amounts payable | 17/49 | €30,942 | €110,119 | +€79,178 | +256% |
| Amounts payable within one year | 42/48 | €30,942 | €60,119 | +€29,178 | +94.3% |
| Current portion of amounts payable after more than one year | 42 | €18,948 | €12,493 | -€6,456 | -34.1% |
| Trade debts | 44 | €1,402 | €20,697 | +€19,295 | +1,376% |
| Suppliers | 440/4 | €1,402 | €20,697 | +€19,295 | +1,376% |
| Taxes, remuneration and social security | 45 | €10,592 | €26,929 | +€16,338 | +154% |
| Taxes | 450/3 | €10,592 | €26,929 | +€16,338 | +154% |
| Accrued charges and deferred income | 492/3 | - | €50,000 | +€50,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,300 | €1,052 | -€248 | -19.0% |
| Other operating charges | 640/8 | €483 | €4,157 | +€3,674 | +761% |
| Non-recurring operating charges | 66A | - | €2,206 | +€2,206 | |
| Gross operating margin | 9900 | -€8,445 | €13,117 | +€21,562 | |
| Operating profit (loss) | 9901 | -€10,228 | €5,702 | +€15,930 | |
| Financial income | 75/76B | - | €779 | +€779 | |
| Recurring financial income | 75 | - | €779 | +€779 | |
| Financial charges | 65/66B | €166 | €933 | +€767 | +462% |
| Recurring financial charges | 65 | €166 | €933 | +€767 | +462% |
| Profit (loss) for the period before taxes | 9903 | -€10,394 | €5,548 | +€15,942 | |
| Income taxes | 67/77 | €74 | €3,170 | +€3,096 | +4,182% |
| Profit (loss) for the period | 9904 | -€10,468 | €2,378 | +€12,846 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,468 | €2,378 | +€12,846 |
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 25 October 2026 via checked.be.