Cybrid Thrust: what changed
Two fiscal 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.
Cybrid Thrust
Largest movements
- Stocks and contracts +€22,161
up €22,161 (+7.8%), from €284,261 to €306,422
- Receivables within one year +€12,721
up €12,721 (+11.2%), from €113,989 to €126,710
of which Trade receivables: +€12,561
- Trade debts +€85,656
up €85,656 (+150.1%), from €57,050 to €142,707
- Profit (loss) carried forward -€53,030
new in 2025: -€53,030
- Tax, wage and social debts +€26,000
up €26,000 (+22.0%), from €118,187 to €144,187
of which Remuneration and social security: +€24,844
- Other debts -€24,001
down €24,001 (-18.1%), from €132,654 to €108,653
- Gross operating margin -€128,064
down €128,064 (-67.5%), from €189,652 to €61,589
- Taxes -€16,914
down €16,914 (-77.4%), from €21,856 to €4,942
- Write-downs +€8,976
new in 2025: €8,976
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.
Cash bridge derived
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 | €445,851 | €480,476 | +€34,625 | +7.8% |
| Fixed assets | 21/28 | €28,009 | €30,223 | +€2,214 | +7.9% |
| Tangible fixed assets | 22/27 | €18,523 | €16,237 | -€2,286 | -12.3% |
| Plant, machinery and equipment | 23 | €1,135 | €1,854 | +€718 | +63.3% |
| Furniture and vehicles | 24 | €17,387 | €14,383 | -€3,004 | -17.3% |
| Financial fixed assets | 28 | €9,486 | €13,986 | +€4,500 | +47.4% |
| Current assets | 29/58 | €417,842 | €450,253 | +€32,411 | +7.8% |
| Stocks and contracts in progress | 3 | €284,261 | €306,422 | +€22,161 | +7.8% |
| Stocks | 30/36 | €284,261 | €306,422 | +€22,161 | +7.8% |
| Amounts receivable within one year | 40/41 | €113,989 | €126,710 | +€12,721 | +11.2% |
| Trade receivables | 40 | €113,981 | €126,542 | +€12,561 | +11.0% |
| Other amounts receivable | 41 | €8 | €168 | +€161 | +2118.3% |
| Cash at bank and in hand | 54/58 | €4,042 | €1,972 | -€2,070 | -51.2% |
| Deferred charges and accrued income | 490/1 | €15,550 | €15,149 | -€401 | -2.6% |
| Total equity and liabilities | 10/49 | €445,851 | €480,476 | +€34,625 | +7.8% |
| Equity | 10/15 | €137,960 | €84,930 | -€53,030 | -38.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €134,960 | €134,960 | = | 0.0% |
| Distributable reserves | 133 | €134,960 | €134,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€53,030 | -€53,030 | |
| Amounts payable | 17/49 | €307,891 | €395,546 | +€87,655 | +28.5% |
| Amounts payable within one year | 42/48 | €307,891 | €395,546 | +€87,655 | +28.5% |
| Trade debts | 44 | €57,050 | €142,707 | +€85,656 | +150.1% |
| Suppliers | 440/4 | €57,050 | €142,707 | +€85,656 | +150.1% |
| Taxes, remuneration and social security | 45 | €118,187 | €144,187 | +€26,000 | +22.0% |
| Taxes | 450/3 | €42,832 | €43,988 | +€1,156 | +2.7% |
| Remuneration and social security | 454/9 | €75,355 | €100,199 | +€24,844 | +33.0% |
| Other amounts payable | 47/48 | €132,654 | €108,653 | -€24,001 | -18.1% |
| Remuneration, social security and pensions | 62 | €85,074 | €86,927 | +€1,853 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,529 | €6,573 | +€44 | +0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,976 | +€8,976 | |
| Other operating charges | 640/8 | €633 | €2,172 | +€1,539 | +243.0% |
| Gross operating margin | 9900 | €189,652 | €61,589 | -€128,064 | -67.5% |
| Operating profit (loss) | 9901 | €97,417 | -€43,059 | -€140,476 | |
| Financial income | 75/76B | - | €1,009 | +€1,009 | |
| Recurring financial income | 75 | - | €1,009 | +€1,009 | |
| Financial charges | 65/66B | €6,565 | €6,038 | -€527 | -8.0% |
| Recurring financial charges | 65 | €6,565 | €6,038 | -€527 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €90,852 | -€48,088 | -€138,940 | |
| Income taxes | 67/77 | €21,856 | €4,942 | -€16,914 | -77.4% |
| Profit (loss) for the period | 9904 | €68,996 | -€53,030 | -€122,026 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,996 | -€53,030 | -€122,026 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.