CYBRAXYS: 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.
CYBRAXYS
Largest movements
- Cash +€58,394
up €58,394 (+65.2%), from €89,513 to €147,907
mainly Net result for the year (+€46,979) and Depreciation (+€21,170)
- Tangible fixed assets -€14,242
down €14,242 (-19.9%), from €71,729 to €57,487
of which Furniture and vehicles: -€18,001
- Reserves +€46,979
up €46,979 (+58.3%), from €80,534 to €127,512
- Debts after one year -€20,101
down €20,101 (-34.0%), from €59,105 to €39,004
- Tax, wage and social debts +€12,440
up €12,440 (+85.5%), from €14,558 to €26,998
- Trade debts +€2,662
up €2,662 (+1,206%), from €221 to €2,882
- Gross operating margin -€51,073
down €51,073 (-36.2%), from €141,071 to €89,998
- Taxes -€13,808
down €13,808 (-43.3%), from €31,902 to €18,094
- Depreciation -€2,607
down €2,607 (-11.0%), from €23,777 to €21,170
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 | €176,669 | €220,368 | +€43,699 | +24.7% |
| Fixed assets | 21/28 | €71,729 | €57,487 | -€14,242 | -19.9% |
| Tangible fixed assets | 22/27 | €71,729 | €57,487 | -€14,242 | -19.9% |
| Plant, machinery and equipment | 23 | €4,058 | €7,817 | +€3,759 | +92.6% |
| Furniture and vehicles | 24 | €67,671 | €49,670 | -€18,001 | -26.6% |
| Current assets | 29/58 | €104,940 | €162,881 | +€57,940 | +55.2% |
| Amounts receivable within one year | 40/41 | €15,428 | €14,974 | -€454 | -2.9% |
| Trade receivables | 40 | €15,428 | €14,974 | -€454 | -2.9% |
| Cash at bank and in hand | 54/58 | €89,513 | €147,907 | +€58,394 | +65.2% |
| Total equity and liabilities | 10/49 | €176,669 | €220,368 | +€43,699 | +24.7% |
| Equity | 10/15 | €82,534 | €129,512 | +€46,979 | +56.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €80,534 | €127,512 | +€46,979 | +58.3% |
| Distributable reserves | 133 | €80,534 | €127,512 | +€46,979 | +58.3% |
| Amounts payable | 17/49 | €94,136 | €90,856 | -€3,280 | -3.5% |
| Amounts payable after more than one year | 17 | €59,105 | €39,004 | -€20,101 | -34.0% |
| Financial debts | 170/4 | €59,105 | €39,004 | -€20,101 | -34.0% |
| Amounts payable within one year | 42/48 | €34,111 | €51,852 | +€17,741 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €19,315 | €20,101 | +€787 | +4.1% |
| Trade debts | 44 | €221 | €2,882 | +€2,662 | +1,206% |
| Suppliers | 440/4 | €221 | €2,882 | +€2,662 | +1,206% |
| Taxes, remuneration and social security | 45 | €14,558 | €26,998 | +€12,440 | +85.5% |
| Taxes | 450/3 | €14,558 | €26,998 | +€12,440 | +85.5% |
| Other amounts payable | 47/48 | €18 | €1,870 | +€1,852 | +10,407% |
| Accrued charges and deferred income | 492/3 | €920 | €0 | -€920 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,777 | €21,170 | -€2,607 | -11.0% |
| Other operating charges | 640/8 | €354 | €178 | -€176 | -49.6% |
| Gross operating margin | 9900 | €141,071 | €89,998 | -€51,073 | -36.2% |
| Operating profit (loss) | 9901 | €116,939 | €68,650 | -€48,289 | -41.3% |
| Financial charges | 65/66B | €4,504 | €3,577 | -€927 | -20.6% |
| Recurring financial charges | 65 | €4,504 | €3,577 | -€927 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €112,435 | €65,073 | -€47,362 | -42.1% |
| Income taxes | 67/77 | €31,902 | €18,094 | -€13,808 | -43.3% |
| Profit (loss) for the period | 9904 | €80,534 | €46,979 | -€33,555 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,534 | €46,979 | -€33,555 | -41.7% |
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 24 October 2026 via checked.be.