Cybervalue: 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.
Cybervalue
Largest movements
- Receivables within one year -€52,251
down €52,251 (-30.2%), from €172,736 to €120,486
of which Trade receivables: -€55,065
- Cash -€4,395
down €4,395 (-24.9%), from €17,615 to €13,221
mainly Trade debts (-€54,954) and Net result for the year (-€3,158)
- Trade debts -€54,954
down €54,954 (-29.1%), from €188,666 to €133,712
- Profit (loss) carried forward -€3,158
down €3,158, from €743 to -€2,415
- Staff costs +€7,153
up €7,153 (+44.2%), from €16,174 to €23,327
- Gross operating margin +€3,342
up €3,342 (+18.7%), from €17,905 to €21,247
- Taxes -€1,015
no longer reported in 2025 (was €1,015)
- Financial charges +€442
up €442 (+287%), from €154 to €596
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 | €197,092 | €141,446 | -€55,645 | -28.2% |
| Fixed assets | 21/28 | €2,953 | €2,634 | -€319 | -10.8% |
| Tangible fixed assets | 22/27 | €1,227 | €908 | -€319 | -26.0% |
| Furniture and vehicles | 24 | €1,227 | €908 | -€319 | -26.0% |
| Financial fixed assets | 28 | €1,725 | €1,725 | = | 0.0% |
| Current assets | 29/58 | €194,139 | €138,813 | -€55,327 | -28.5% |
| Amounts receivable within one year | 40/41 | €172,736 | €120,486 | -€52,251 | -30.2% |
| Trade receivables | 40 | €170,943 | €115,878 | -€55,065 | -32.2% |
| Other amounts receivable | 41 | €1,793 | €4,608 | +€2,814 | +157% |
| Cash at bank and in hand | 54/58 | €17,615 | €13,221 | -€4,395 | -24.9% |
| Deferred charges and accrued income | 490/1 | €3,788 | €5,107 | +€1,319 | +34.8% |
| Total equity and liabilities | 10/49 | €197,092 | €141,446 | -€55,645 | -28.2% |
| Equity | 10/15 | €6,943 | €3,785 | -€3,158 | -45.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €743 | -€2,415 | -€3,158 | |
| Amounts payable | 17/49 | €190,149 | €137,662 | -€52,487 | -27.6% |
| Amounts payable within one year | 42/48 | €188,685 | €135,766 | -€52,918 | -28.0% |
| Trade debts | 44 | €188,666 | €133,712 | -€54,954 | -29.1% |
| Suppliers | 440/4 | €188,666 | €133,712 | -€54,954 | -29.1% |
| Taxes, remuneration and social security | 45 | - | €1,960 | +€1,960 | |
| Remuneration and social security | 454/9 | - | €1,960 | +€1,960 | |
| Other amounts payable | 47/48 | €19 | €95 | +€76 | +398% |
| Accrued charges and deferred income | 492/3 | €1,464 | €1,895 | +€431 | +29.5% |
| Remuneration, social security and pensions | 62 | €16,174 | €23,327 | +€7,153 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €319 | = | 0.0% |
| Other operating charges | 640/8 | - | €163 | +€163 | |
| Gross operating margin | 9900 | €17,905 | €21,247 | +€3,342 | +18.7% |
| Operating profit (loss) | 9901 | €1,411 | -€2,563 | -€3,974 | |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €154 | €596 | +€442 | +287% |
| Recurring financial charges | 65 | €154 | €596 | +€442 | +287% |
| Profit (loss) for the period before taxes | 9903 | €1,264 | -€3,158 | -€4,422 | |
| Income taxes | 67/77 | €1,015 | - | -€1,015 | |
| Profit (loss) for the period | 9904 | €249 | -€3,158 | -€3,407 | |
| Profit (loss) for the period to be appropriated | 9905 | €249 | -€3,158 | -€3,407 |
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 13 October 2026 via checked.be.