CYCLEAR: 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.
CYCLEAR
Largest movements
- Cash +€43,376
up €43,376 (+242%), from €17,893 to €61,269
mainly Net result for the year (+€37,107) and Tax, wage and social debts (+€12,843)
- Stocks and contracts +€3,999
new in 2025: €3,999
- Receivables within one year +€1,957
up €1,957 (+13.7%), from €14,336 to €16,293
of which Other amounts receivable: +€2,270
- Deferred charges and accrued income +€1,241
up €1,241 (+81.5%), from €1,523 to €2,764
- Reserves +€53,078
new in 2025: €53,078
- Profit (loss) carried forward -€16,830
no longer reported in 2025 (was €16,830)
- Tax, wage and social debts +€12,843
up €12,843 (+100%), from €12,824 to €25,667
- Trade debts +€1,482
up €1,482 (+92.7%), from €1,598 to €3,080
- Gross operating margin +€30,350
up €30,350 (+136%), from €22,313 to €52,662
- Taxes +€8,822
up €8,822 (+182%), from €4,841 to €13,664
- Financial charges +€841
up €841 (+231%), from €365 to €1,206
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 | €33,752 | €84,325 | +€50,573 | +150% |
| Current assets | 29/58 | €33,752 | €84,325 | +€50,573 | +150% |
| Stocks and contracts in progress | 3 | - | €3,999 | +€3,999 | |
| Stocks | 30/36 | - | €3,999 | +€3,999 | |
| Amounts receivable within one year | 40/41 | €14,336 | €16,293 | +€1,957 | +13.7% |
| Trade receivables | 40 | €14,336 | €14,022 | -€313 | -2.2% |
| Other amounts receivable | 41 | - | €2,270 | +€2,270 | |
| Cash at bank and in hand | 54/58 | €17,893 | €61,269 | +€43,376 | +242% |
| Deferred charges and accrued income | 490/1 | €1,523 | €2,764 | +€1,241 | +81.5% |
| Total equity and liabilities | 10/49 | €33,752 | €84,325 | +€50,573 | +150% |
| Equity | 10/15 | €19,330 | €55,578 | +€36,248 | +188% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €53,078 | +€53,078 | |
| Distributable reserves | 133 | - | €53,078 | +€53,078 | |
| Profit (loss) carried forward | 14 | €16,830 | - | -€16,830 | |
| Amounts payable | 17/49 | €14,422 | €28,747 | +€14,325 | +99.3% |
| Amounts payable within one year | 42/48 | €14,422 | €28,747 | +€14,325 | +99.3% |
| Trade debts | 44 | €1,598 | €3,080 | +€1,482 | +92.7% |
| Suppliers | 440/4 | €1,598 | €3,080 | +€1,482 | +92.7% |
| Taxes, remuneration and social security | 45 | €12,824 | €25,667 | +€12,843 | +100% |
| Taxes | 450/3 | €12,824 | €25,667 | +€12,843 | +100% |
| Other operating charges | 640/8 | €214 | €317 | +€104 | +48.5% |
| Non-recurring operating charges | 66A | €63 | €400 | +€337 | +533% |
| Gross operating margin | 9900 | €22,313 | €52,662 | +€30,350 | +136% |
| Operating profit (loss) | 9901 | €22,036 | €51,946 | +€29,909 | +136% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €365 | €1,206 | +€841 | +231% |
| Recurring financial charges | 65 | €365 | €1,206 | +€841 | +231% |
| Profit (loss) for the period before taxes | 9903 | €21,671 | €50,770 | +€29,099 | +134% |
| Income taxes | 67/77 | €4,841 | €13,664 | +€8,822 | +182% |
| Profit (loss) for the period | 9904 | €16,830 | €37,107 | +€20,277 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €16,830 | €37,107 | +€20,277 | +120% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.