CYBRU: 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.
CYBRU
Largest movements
- Current investments +€400,261
new in 2025: €400,261
- Tangible fixed assets -€349,787
down €349,787 (-54.6%), from €640,793 to €291,006
of which Land and buildings: -€343,997
- Reserves +€100,300
up €100,300 (+102.4%), from €97,978 to €198,278
of which Distributable reserves: +€128,619
- Other debts -€45,417
down €45,417 (-47.2%), from €96,310 to €50,894
- Profit (loss) carried forward +€30,650
no longer reported in 2025 (was -€30,650)
- Provisions -€19,330
no longer reported in 2025 (was €19,330)
- Financial income +€271,526
up €271,526 (+80526.1%), from €337 to €271,863
of which Non-recurring financial income: +€270,857
- Gross operating margin -€86,559
down €86,559, from €48,867 to -€37,692
- Taxes +€65,654
up €65,654 (+42599.3%), from €154 to €65,808
- Depreciation -€12,273
down €12,273 (-20.8%), from €58,987 to €46,714
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 | €675,939 | €734,715 | +€58,777 | +8.7% |
| Fixed assets | 21/28 | €640,793 | €291,006 | -€349,787 | -54.6% |
| Tangible fixed assets | 22/27 | €640,793 | €291,006 | -€349,787 | -54.6% |
| Land and buildings | 22 | €635,003 | €291,006 | -€343,997 | -54.2% |
| Plant, machinery and equipment | 23 | €5,790 | - | -€5,790 | |
| Current assets | 29/58 | €35,146 | €443,709 | +€408,564 | +1162.5% |
| Stocks and contracts in progress | 3 | €20,797 | €20,797 | = | 0.0% |
| Stocks | 30/36 | €20,797 | €20,797 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €235 | €4,427 | +€4,192 | +1783.8% |
| Trade receivables | 40 | €235 | €235 | = | 0.0% |
| Other amounts receivable | 41 | - | €4,192 | +€4,192 | |
| Current investments | 50/53 | - | €400,261 | +€400,261 | |
| Cash at bank and in hand | 54/58 | €9,450 | €12,115 | +€2,665 | +28.2% |
| Deferred charges and accrued income | 490/1 | €4,664 | €6,109 | +€1,446 | +31.0% |
| Total equity and liabilities | 10/49 | €675,939 | €734,715 | +€58,777 | +8.7% |
| Equity | 10/15 | €515,438 | €646,388 | +€130,950 | +25.4% |
| Contributions | 10/11 | €448,110 | €448,110 | = | 0.0% |
| Capital | 10 | €448,110 | €448,110 | = | 0.0% |
| Issued capital | 100 | €448,110 | €448,110 | = | 0.0% |
| Reserves | 13 | €97,978 | €198,278 | +€100,300 | +102.4% |
| Non-distributable reserves | 130/1 | €11,916 | €21,136 | +€9,221 | +77.4% |
| Legal reserve | 130 | €11,916 | €21,136 | +€9,221 | +77.4% |
| Tax-exempt reserves | 132 | €37,540 | - | -€37,540 | |
| Distributable reserves | 133 | €48,523 | €177,141 | +€128,619 | +265.1% |
| Profit (loss) carried forward | 14 | -€30,650 | - | +€30,650 | |
| Provisions and deferred taxes | 16 | €19,330 | - | -€19,330 | |
| Deferred taxes | 168 | €19,330 | - | -€19,330 | |
| Amounts payable | 17/49 | €141,171 | €88,327 | -€52,843 | -37.4% |
| Amounts payable after more than one year | 17 | €38,500 | €32,700 | -€5,800 | -15.1% |
| Financial debts | 170/4 | €38,100 | €32,300 | -€5,800 | -15.2% |
| Other amounts payable | 178/9 | €400 | €400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €98,782 | €53,827 | -€44,955 | -45.5% |
| Trade debts | 44 | €2,318 | €2,934 | +€616 | +26.6% |
| Suppliers | 440/4 | €2,318 | €2,934 | +€616 | +26.6% |
| Taxes, remuneration and social security | 45 | €154 | - | -€154 | |
| Taxes | 450/3 | €154 | - | -€154 | |
| Other amounts payable | 47/48 | €96,310 | €50,894 | -€45,417 | -47.2% |
| Accrued charges and deferred income | 492/3 | €3,888 | €1,800 | -€2,088 | -53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,987 | €46,714 | -€12,273 | -20.8% |
| Other operating charges | 640/8 | €9,510 | €9,988 | +€478 | +5.0% |
| Gross operating margin | 9900 | €48,867 | -€37,692 | -€86,559 | |
| Operating profit (loss) | 9901 | -€19,629 | -€94,394 | -€74,764 | -380.9% |
| Financial income | 75/76B | €337 | €271,863 | +€271,526 | +80526.1% |
| Recurring financial income | 75 | €38 | €707 | +€668 | +1743.0% |
| Non-recurring financial income | 76B | €299 | €271,156 | +€270,857 | +90636.2% |
| Financial charges | 65/66B | €38 | €41 | +€4 | +10.1% |
| Recurring financial charges | 65 | €38 | €41 | +€4 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,330 | €177,428 | +€196,758 | |
| Income taxes | 67/77 | €154 | €65,808 | +€65,654 | +42599.3% |
| Profit (loss) for the period | 9904 | -€19,484 | €111,620 | +€131,104 | |
| Transfer from tax-exempt reserves | 789 | €6,908 | €56,870 | +€49,962 | +723.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,576 | €168,490 | +€181,065 |
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 1 October 2026 via checked.be.