Cycle Farm: 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.
Cycle Farm
Largest movements
- Cash +€15,292
up €15,292 (+21538.0%), from €71 to €15,363
mainly Net result for the year (+€14,964) and Depreciation (+€4,140)
- Tangible fixed assets -€3,153
down €3,153 (-19.2%), from €16,459 to €13,306
of which Plant, machinery and equipment: -€2,013
- Receivables within one year +€2,315
new in 2024: €2,315
- Profit (loss) carried forward +€14,964
up €14,964 (+48.0%), from -€31,159 to -€16,195
- Tax, wage and social debts -€1,053
no longer reported in 2024 (was €1,053)
- Other debts +€585
up €585 (+3.4%), from €17,089 to €17,674
- Gross operating margin +€26,283
up €26,283, from -€6,627 to €19,656
- Financial income -€15,000
no longer reported in 2024 (was €15,000)
- Taxes +€5,370
up €5,370, from -€5,120 to €250
- Depreciation -€1,374
down €1,374 (-24.9%), from €5,514 to €4,140
- Write-downs +€372
no longer reported in 2024 (was -€372)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,530 | €30,984 | +€14,454 | +87.4% |
| Fixed assets | 21/28 | €16,459 | €13,306 | -€3,153 | -19.2% |
| Tangible fixed assets | 22/27 | €16,459 | €13,306 | -€3,153 | -19.2% |
| Land and buildings | 22 | €4,178 | €3,467 | -€711 | -17.0% |
| Plant, machinery and equipment | 23 | €8,131 | €6,118 | -€2,013 | -24.8% |
| Furniture and vehicles | 24 | €3,612 | €3,636 | +€24 | +0.7% |
| Leasing and similar rights | 25 | €538 | €85 | -€453 | -84.2% |
| Current assets | 29/58 | €71 | €17,678 | +€17,607 | +24798.6% |
| Amounts receivable within one year | 40/41 | - | €2,315 | +€2,315 | |
| Trade receivables | 40 | - | €2,315 | +€2,315 | |
| Cash at bank and in hand | 54/58 | €71 | €15,363 | +€15,292 | +21538.0% |
| Total equity and liabilities | 10/49 | €16,530 | €30,984 | +€14,454 | +87.4% |
| Equity | 10/15 | -€16,404 | -€1,440 | +€14,964 | +91.2% |
| Contributions | 10/11 | €4,900 | €4,900 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,159 | -€16,195 | +€14,964 | +48.0% |
| Investment grants | 15 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable | 17/49 | €32,934 | €32,424 | -€510 | -1.5% |
| Amounts payable within one year | 42/48 | €32,934 | €32,424 | -€510 | -1.5% |
| Trade debts | 44 | €14,792 | €14,750 | -€42 | -0.3% |
| Suppliers | 440/4 | €14,792 | €14,750 | -€42 | -0.3% |
| Taxes, remuneration and social security | 45 | €1,053 | - | -€1,053 | |
| Taxes | 450/3 | €1,053 | - | -€1,053 | |
| Other amounts payable | 47/48 | €17,089 | €17,674 | +€585 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,514 | €4,140 | -€1,374 | -24.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€372 | - | +€372 | |
| Other operating charges | 640/8 | €188 | €103 | -€85 | -45.2% |
| Gross operating margin | 9900 | -€6,627 | €19,656 | +€26,283 | |
| Operating profit (loss) | 9901 | -€11,957 | €15,413 | +€27,370 | |
| Financial income | 75/76B | €15,000 | - | -€15,000 | |
| Recurring financial income | 75 | €15,000 | - | -€15,000 | |
| Financial charges | 65/66B | €172 | €199 | +€27 | +15.7% |
| Recurring financial charges | 65 | €172 | €199 | +€27 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €2,871 | €15,214 | +€12,343 | +429.9% |
| Income taxes | 67/77 | -€5,120 | €250 | +€5,370 | |
| Profit (loss) for the period | 9904 | €7,991 | €14,964 | +€6,973 | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,991 | €14,964 | +€6,973 | +87.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.