CYCLE EN TERRE: 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.
CYCLE EN TERRE
Largest movements
- Receivables within one year -€109,675
down €109,675 (-91.7%), from €119,615 to €9,940
of which Trade receivables: -€119,436
- Cash -€57,609
down €57,609 (-22.4%), from €256,685 to €199,076
mainly Net result for the year (-€113,024) and Tax, wage and social debts (-€28,541)
- Profit (loss) carried forward -€113,024
down €113,024 (-30.4%), from -€371,381 to -€484,405
- Tax, wage and social debts -€28,541
down €28,541 (-67.6%), from €42,201 to €13,660
of which Taxes: -€21,031
- Debts after one year -€20,906
no longer reported in 2025 (was €20,906)
- Current portion of long-term debt -€10,345
no longer reported in 2025 (was €10,345)
- Trade debts +€4,324
up €4,324 (+521%), from €830 to €5,154
- Staff costs -€216,683
down €216,683 (-97.5%), from €222,164 to €5,481
- Gross operating margin -€202,850
down €202,850, from €103,008 to -€99,841
- Other operating charges +€4,612
up €4,612 (+286%), from €1,614 to €6,226
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 | €377,000 | €209,716 | -€167,284 | -44.4% |
| Fixed assets | 21/28 | €700 | €700 | = | 0.0% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €376,300 | €209,016 | -€167,284 | -44.5% |
| Amounts receivable within one year | 40/41 | €119,615 | €9,940 | -€109,675 | -91.7% |
| Trade receivables | 40 | €119,436 | - | -€119,436 | |
| Other amounts receivable | 41 | €179 | €9,940 | +€9,762 | +5,469% |
| Cash at bank and in hand | 54/58 | €256,685 | €199,076 | -€57,609 | -22.4% |
| Total equity and liabilities | 10/49 | €377,000 | €209,716 | -€167,284 | -44.4% |
| Equity | 10/15 | €302,719 | €189,695 | -€113,024 | -37.3% |
| Contributions | 10/11 | €674,100 | €674,100 | = | 0.0% |
| Contributions outside capital | 11 | €674,100 | €674,100 | = | 0.0% |
| Other | 1109/19 | €674,100 | €674,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€371,381 | -€484,405 | -€113,024 | -30.4% |
| Amounts payable | 17/49 | €74,281 | €20,020 | -€54,261 | -73.0% |
| Amounts payable after more than one year | 17 | €20,906 | - | -€20,906 | |
| Financial debts | 170/4 | €20,906 | - | -€20,906 | |
| Amounts payable within one year | 42/48 | €53,375 | €20,020 | -€33,355 | -62.5% |
| Current portion of amounts payable after more than one year | 42 | €10,345 | - | -€10,345 | |
| Trade debts | 44 | €830 | €5,154 | +€4,324 | +521% |
| Suppliers | 440/4 | €830 | €5,154 | +€4,324 | +521% |
| Taxes, remuneration and social security | 45 | €42,201 | €13,660 | -€28,541 | -67.6% |
| Taxes | 450/3 | €24,905 | €3,875 | -€21,031 | -84.4% |
| Remuneration and social security | 454/9 | €17,295 | €9,785 | -€7,510 | -43.4% |
| Other amounts payable | 47/48 | - | €1,207 | +€1,207 | |
| Remuneration, social security and pensions | 62 | €222,164 | €5,481 | -€216,683 | -97.5% |
| Other operating charges | 640/8 | €1,614 | €6,226 | +€4,612 | +286% |
| Non-recurring operating charges | 66A | €54,450 | - | -€54,450 | |
| Gross operating margin | 9900 | €103,008 | -€99,841 | -€202,850 | |
| Operating profit (loss) | 9901 | -€175,219 | -€111,547 | +€63,672 | +36.3% |
| Financial income | 75/76B | €10 | €14 | +€4 | +46.4% |
| Recurring financial income | 75 | €10 | €14 | +€4 | +46.4% |
| Financial charges | 65/66B | €2,295 | €1,491 | -€805 | -35.1% |
| Recurring financial charges | 65 | €2,295 | €1,491 | -€805 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | -€177,505 | -€113,024 | +€64,481 | +36.3% |
| Profit (loss) for the period | 9904 | -€177,505 | -€113,024 | +€64,481 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€177,505 | -€113,024 | +€64,481 | +36.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.