CYBO: 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.
CYBO
Largest movements
- Receivables within one year +€206,635
up €206,635 (+223%), from €92,520 to €299,155
of which Other amounts receivable: +€138,311
- Stocks and contracts -€65,417
down €65,417 (-35.3%), from €185,326 to €119,908
- Tangible fixed assets -€28,206
down €28,206 (-7.8%), from €363,875 to €335,669
of which Land and buildings: -€28,409
- Current portion of long-term debt +€96,949
up €96,949 (+179%), from €54,041 to €150,990
- Trade debts +€58,436
up €58,436 (+260%), from €22,514 to €80,950
- Revaluation surpluses -€30,800
down €30,800 (-14.8%), from €208,050 to €177,250
- Reserves +€17,577
up €17,577 (+16.7%), from €105,237 to €122,814
of which Distributable reserves: +€17,577
- Debts after one year -€15,906
down €15,906 (-7.9%), from €201,632 to €185,726
- Gross operating margin -€30,871
down €30,871 (-27.6%), from €111,788 to €80,916
- Other operating charges +€12,960
up €12,960 (+258%), from €5,026 to €17,986
- Financial charges +€6,438
up €6,438 (+95.4%), from €6,746 to €13,184
- Taxes +€5,022
up €5,022 (+130%), from €3,871 to €8,893
- Depreciation -€1,427
down €1,427 (-2.6%), from €55,505 to €54,078
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 | €643,241 | €767,953 | +€124,712 | +19.4% |
| Fixed assets | 21/28 | €363,875 | €339,419 | -€24,456 | -6.7% |
| Tangible fixed assets | 22/27 | €363,875 | €335,669 | -€28,206 | -7.8% |
| Land and buildings | 22 | €298,406 | €269,996 | -€28,409 | -9.5% |
| Plant, machinery and equipment | 23 | €63,156 | €64,900 | +€1,744 | +2.8% |
| Furniture and vehicles | 24 | €2,313 | €772 | -€1,541 | -66.6% |
| Financial fixed assets | 28 | - | €3,750 | +€3,750 | |
| Current assets | 29/58 | €279,366 | €428,534 | +€149,168 | +53.4% |
| Stocks and contracts in progress | 3 | €185,326 | €119,908 | -€65,417 | -35.3% |
| Stocks | 30/36 | €185,326 | €119,908 | -€65,417 | -35.3% |
| Amounts receivable within one year | 40/41 | €92,520 | €299,155 | +€206,635 | +223% |
| Trade receivables | 40 | €43,097 | €111,421 | +€68,324 | +159% |
| Other amounts receivable | 41 | €49,423 | €187,733 | +€138,311 | +280% |
| Cash at bank and in hand | 54/58 | €206 | €3,090 | +€2,885 | +1,401% |
| Deferred charges and accrued income | 490/1 | €1,314 | €6,381 | +€5,067 | +386% |
| Total equity and liabilities | 10/49 | €643,241 | €767,953 | +€124,712 | +19.4% |
| Equity | 10/15 | €320,724 | €307,501 | -€13,223 | -4.1% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Revaluation surpluses | 12 | €208,050 | €177,250 | -€30,800 | -14.8% |
| Reserves | 13 | €105,237 | €122,814 | +€17,577 | +16.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €105,237 | €122,814 | +€17,577 | +16.7% |
| Amounts payable | 17/49 | €322,517 | €460,452 | +€137,935 | +42.8% |
| Amounts payable after more than one year | 17 | €201,632 | €185,726 | -€15,906 | -7.9% |
| Financial debts | 170/4 | €201,632 | €185,726 | -€15,906 | -7.9% |
| Amounts payable within one year | 42/48 | €110,175 | €274,437 | +€164,262 | +149% |
| Current portion of amounts payable after more than one year | 42 | €54,041 | €150,990 | +€96,949 | +179% |
| Trade debts | 44 | €22,514 | €80,950 | +€58,436 | +260% |
| Suppliers | 440/4 | €22,514 | €80,950 | +€58,436 | +260% |
| Taxes, remuneration and social security | 45 | €3,871 | €12,748 | +€8,877 | +229% |
| Taxes | 450/3 | €3,871 | €12,748 | +€8,877 | +229% |
| Other amounts payable | 47/48 | €29,749 | €29,749 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,709 | €289 | -€10,421 | -97.3% |
| Non-recurring operating income | 76A | €533 | €0 | -€533 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,505 | €54,078 | -€1,427 | -2.6% |
| Other operating charges | 640/8 | €5,026 | €17,986 | +€12,960 | +258% |
| Non-recurring operating charges | 66A | €26,182 | €0 | -€26,182 | -100% |
| Gross operating margin | 9900 | €111,788 | €80,916 | -€30,871 | -27.6% |
| Operating profit (loss) | 9901 | €25,076 | €8,853 | -€16,223 | -64.7% |
| Financial income | 75/76B | €5 | €2 | -€3 | -60.9% |
| Recurring financial income | 75 | €5 | €2 | -€3 | -60.9% |
| Financial charges | 65/66B | €6,746 | €13,184 | +€6,438 | +95.4% |
| Recurring financial charges | 65 | €6,746 | €13,184 | +€6,438 | +95.4% |
| Profit (loss) for the period before taxes | 9903 | €18,334 | -€4,330 | -€22,664 | |
| Income taxes | 67/77 | €3,871 | €8,893 | +€5,022 | +130% |
| Profit (loss) for the period | 9904 | €14,464 | -€13,223 | -€27,686 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,464 | -€13,223 | -€27,686 |
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 15 October 2026 via checked.be.