CYCLAMEN: 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.
CYCLAMEN
Largest movements
- Cash -€13,084
down €13,084 (-29.9%), from €43,759 to €30,675
mainly Trade debts (-€9,414) and Investment in fixed assets (net) (-€5,525)
- Receivables within one year +€2,630
up €2,630 (+29.4%), from €8,943 to €11,573
of which Trade receivables: +€1,500
- Tangible fixed assets -€2,533
down €2,533 (-5.6%), from €45,566 to €43,033
of which Furniture and vehicles: -€4,831
- Trade debts -€9,414
no longer reported in 2026 (was €9,414)
- Profit (loss) carried forward -€4,436
down €4,436 (-6.4%), from €69,002 to €64,566
- Gross operating margin -€4,069
down €4,069 (-50.0%), from €8,136 to €4,067
- Depreciation +€1,343
up €1,343 (+20.0%), from €6,715 to €8,058
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,416 | €114,428 | -€13,988 | -10.9% |
| Fixed assets | 21/28 | €70,566 | €68,033 | -€2,533 | -3.6% |
| Tangible fixed assets | 22/27 | €45,566 | €43,033 | -€2,533 | -5.6% |
| Furniture and vehicles | 24 | €10,824 | €5,993 | -€4,831 | -44.6% |
| Other tangible fixed assets | 26 | €34,742 | €37,040 | +€2,298 | +6.6% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €57,850 | €46,395 | -€11,455 | -19.8% |
| Amounts receivable within one year | 40/41 | €8,943 | €11,573 | +€2,630 | +29.4% |
| Trade receivables | 40 | €2,500 | €4,000 | +€1,500 | +60.0% |
| Other amounts receivable | 41 | €6,443 | €7,573 | +€1,130 | +17.5% |
| Cash at bank and in hand | 54/58 | €43,759 | €30,675 | -€13,084 | -29.9% |
| Deferred charges and accrued income | 490/1 | €5,148 | €4,147 | -€1,001 | -19.4% |
| Total equity and liabilities | 10/49 | €128,416 | €114,428 | -€13,988 | -10.9% |
| Equity | 10/15 | €95,719 | €91,283 | -€4,436 | -4.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €14,317 | €14,317 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €12,457 | €12,457 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,002 | €64,566 | -€4,436 | -6.4% |
| Amounts payable | 17/49 | €32,697 | €23,145 | -€9,552 | -29.2% |
| Amounts payable within one year | 42/48 | €30,092 | €21,795 | -€8,297 | -27.6% |
| Trade debts | 44 | €9,414 | - | -€9,414 | |
| Suppliers | 440/4 | €9,414 | - | -€9,414 | |
| Other amounts payable | 47/48 | €20,678 | €21,795 | +€1,117 | +5.4% |
| Accrued charges and deferred income | 492/3 | €2,605 | €1,350 | -€1,255 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,715 | €8,058 | +€1,343 | +20.0% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €8,136 | €4,067 | -€4,069 | -50.0% |
| Operating profit (loss) | 9901 | €1,034 | -€4,391 | -€5,425 | |
| Financial charges | 65/66B | €119 | €45 | -€74 | -62.2% |
| Recurring financial charges | 65 | €119 | €45 | -€74 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €915 | -€4,436 | -€5,351 | |
| Profit (loss) for the period | 9904 | €915 | -€4,436 | -€5,351 | |
| Profit (loss) for the period to be appropriated | 9905 | €915 | -€4,436 | -€5,351 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.