CYBORN: 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.
What changed
CYBORN
NACE 59.120, Post-production of films, video and television programmes
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€557,081
2024 · -€162,385-€394,696
Equity
€3.7m
2024 · €3.7m+€28,456
Cash
€96
2024 · €69,989-€69,893
Balance sheet total
€7.2m
2024 · €7.0m+€205,547
Largest movements
Assets
- Receivables within one year +€149,814
up €149,814 (+62.9%), from €238,158 to €387,971
of which Other amounts receivable: +€276,085
- Intangible fixed assets +€135,546
up €135,546 (+2.2%), from €6.2m to €6.4m
Equity and liabilities
- Debts after one year -€791,381
down €791,381 (-60.1%), from €1.3m to €525,000
- Current portion of long-term debt +€671,956
up €671,956 (+91.7%), from €732,395 to €1.4m
- Investment grants +€585,537
up €585,537 (+24.7%), from €2.4m to €3.0m
- Profit (loss) carried forward -€557,081
down €557,081 (-37.3%), from -€1.5m to -€2.1m
- Accrued charges and deferred income +€257,463
up €257,463 (+240%), from €107,134 to €364,597
Income statement
- Gross operating margin -€841,449
down €841,449 (-38.6%), from €2.2m to €1.3m
- Staff costs -€372,852
down €372,852 (-31.3%), from €1.2m to €818,308
- Depreciation +€357,683
up €357,683 (+38.0%), from €941,824 to €1.3m
- Financial income +€315,552
up €315,552 (+227%), from €139,130 to €454,682
- Provisions -€234,000
down €234,000, from €117,000 to -€117,000
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.
Result 2024
-€162,385
Gross operating margin
-€841,449
Staff costs
+€372,852
Depreciation
-€357,683
Provisions
+€234,000
Other operating charges
-€14,954
Other operating items
-€95,332
Financial income
+€315,552
Financial charges
+€5,727
Taxes
+€902
Deferred taxes and other
-€14,313
Result 2025
-€557,081
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€871,993
Investment
-€1.4m
Financing
+€488,910
Cash 2024
€69,989
From operations (derived)
+€871,993
Net result for the year
-€557,081
Depreciation
+€1.3m
Receivables within one year
-€149,814
Deferred charges and accrued income
+€5,663
Provisions
-€117,000
Trade debts
+€177,969
Tax, wage and social debts
-€172,708
Other debts
+€127,993
Accrued charges and deferred income
+€257,463
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
+€488,910
Debts after one year
-€791,381
Current portion of long-term debt
+€671,956
Short-term financial debts
+€22,799
Contributions, distributions and other
+€585,537
Cash 2025
€96
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,996,802 | €7,202,348 | +€205,547 | +2.9% |
| Fixed assets | 21/28 | €6,665,274 | €6,796,562 | +€131,289 | +2.0% |
| Intangible fixed assets | 21 | €6,240,008 | €6,375,554 | +€135,546 | +2.2% |
| Tangible fixed assets | 22/27 | €23,752 | €19,495 | -€4,257 | -17.9% |
| Plant, machinery and equipment | 23 | €23,752 | €19,495 | -€4,257 | -17.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €401,513 | €401,513 | = | 0.0% |
| Current assets | 29/58 | €331,528 | €405,786 | +€74,258 | +22.4% |
| Amounts receivable within one year | 40/41 | €238,158 | €387,971 | +€149,814 | +62.9% |
| Trade receivables | 40 | €182,315 | €56,043 | -€126,272 | -69.3% |
| Other amounts receivable | 41 | €55,843 | €331,928 | +€276,085 | +494% |
| Cash at bank and in hand | 54/58 | €69,989 | €96 | -€69,893 | -99.9% |
| Deferred charges and accrued income | 490/1 | €23,382 | €17,719 | -€5,663 | -24.2% |
| Total equity and liabilities | 10/49 | €6,996,802 | €7,202,348 | +€205,547 | +2.9% |
| Equity | 10/15 | €3,672,337 | €3,700,793 | +€28,456 | +0.8% |
| Contributions | 10/11 | €2,717,349 | €2,717,349 | = | 0.0% |
| Reserves | 13 | €75,555 | €75,555 | = | 0.0% |
| Distributable reserves | 133 | €75,555 | €75,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,494,901 | -€2,051,982 | -€557,081 | -37.3% |
| Investment grants | 15 | €2,374,334 | €2,959,871 | +€585,537 | +24.7% |
| Provisions and deferred taxes | 16 | €117,000 | €0 | -€117,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €117,000 | €0 | -€117,000 | -100% |
| Other liabilities and charges | 164/5 | €117,000 | €0 | -€117,000 | -100% |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €3,207,464 | €3,501,555 | +€294,091 | +9.2% |
| Amounts payable after more than one year | 17 | €1,316,381 | €525,000 | -€791,381 | -60.1% |
| Financial debts | 170/4 | €1,316,381 | €525,000 | -€791,381 | -60.1% |
| Amounts payable within one year | 42/48 | €1,783,949 | €2,611,958 | +€828,009 | +46.4% |
| Current portion of amounts payable after more than one year | 42 | €732,395 | €1,404,351 | +€671,956 | +91.7% |
| Financial debts | 43 | €78,568 | €101,367 | +€22,799 | +29.0% |
| Credit institutions | 430/8 | €78,568 | €61,367 | -€17,201 | -21.9% |
| Other loans | 439 | - | €40,000 | +€40,000 | |
| Trade debts | 44 | €336,703 | €514,672 | +€177,969 | +52.9% |
| Suppliers | 440/4 | €336,703 | €514,672 | +€177,969 | +52.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €519,472 | €346,765 | -€172,708 | -33.2% |
| Taxes | 450/3 | €146,056 | €38,517 | -€107,539 | -73.6% |
| Remuneration and social security | 454/9 | €373,417 | €308,248 | -€65,168 | -17.5% |
| Other amounts payable | 47/48 | €116,810 | €244,803 | +€127,993 | +110% |
| Accrued charges and deferred income | 492/3 | €107,134 | €364,597 | +€257,463 | +240% |
| Non-recurring operating income | 76A | €8,266 | €0 | -€8,266 | -100% |
| Remuneration, social security and pensions | 62 | €1,191,161 | €818,308 | -€372,852 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €941,824 | €1,299,507 | +€357,683 | +38.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €117,000 | -€117,000 | -€234,000 | |
| Other operating charges | 640/8 | €66,629 | €81,583 | +€14,954 | +22.4% |
| Non-recurring operating charges | 66A | €2,168 | €97,500 | +€95,332 | +4,397% |
| Gross operating margin | 9900 | €2,181,277 | €1,339,828 | -€841,449 | -38.6% |
| Operating profit (loss) | 9901 | -€137,506 | -€840,070 | -€702,565 | -511% |
| Financial income | 75/76B | €139,130 | €454,682 | +€315,552 | +227% |
| Recurring financial income | 75 | €139,130 | €454,682 | +€315,552 | +227% |
| Financial charges | 65/66B | €177,534 | €171,807 | -€5,727 | -3.2% |
| Recurring financial charges | 65 | €177,534 | €171,807 | -€5,727 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€175,910 | -€557,195 | -€381,285 | -217% |
| Transfer from deferred taxes | 780 | €14,313 | €0 | -€14,313 | -100% |
| Income taxes | 67/77 | €788 | -€113 | -€902 | |
| Profit (loss) for the period | 9904 | -€162,385 | -€557,081 | -€394,696 | -243% |
| Profit (loss) for the period to be appropriated | 9905 | -€162,385 | -€557,081 | -€394,696 | -243% |
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 14 October 2026 via checked.be.