CYCLES DUSAUSOIT: 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.
CYCLES DUSAUSOIT
Largest movements
- Stocks and contracts -€38,908
down €38,908 (-13.3%), from €291,945 to €253,038
- Receivables within one year +€23,874
up €23,874 (+1031.5%), from €2,315 to €26,189
- Tangible fixed assets -€3,988
down €3,988 (-21.3%), from €18,745 to €14,757
of which Plant, machinery and equipment: -€2,939
- Debts after one year -€36,404
down €36,404 (-24.1%), from €151,117 to €114,714
of which Other amounts payable: -€32,000
- Profit (loss) carried forward +€19,913
up €19,913 (+28.4%), from €70,235 to €90,148
- Trade debts +€6,123
up €6,123 (+39.3%), from €15,590 to €21,713
- Tax, wage and social debts -€5,819
down €5,819 (-13.2%), from €44,018 to €38,199
- Other debts -€5,752
down €5,752 (-24.4%), from €23,622 to €17,869
- Gross operating margin +€34,374
up €34,374, from -€7,103 to €27,271
- Staff costs -€4,256
down €4,256, from €4,216 to -€41
- Financial income +€1,348
up €1,348 (+429.6%), from €314 to €1,662
- Financial charges +€817
up €817 (+42.3%), from €1,931 to €2,748
- Depreciation +€601
up €601 (+17.8%), from €3,386 to €3,988
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 | €329,366 | €311,216 | -€18,150 | -5.5% |
| Fixed assets | 21/28 | €18,745 | €14,757 | -€3,988 | -21.3% |
| Tangible fixed assets | 22/27 | €18,745 | €14,757 | -€3,988 | -21.3% |
| Plant, machinery and equipment | 23 | €15,575 | €12,635 | -€2,939 | -18.9% |
| Furniture and vehicles | 24 | €2,289 | €1,461 | -€828 | -36.2% |
| Other tangible fixed assets | 26 | €881 | €661 | -€220 | -25.0% |
| Current assets | 29/58 | €310,622 | €296,459 | -€14,162 | -4.6% |
| Stocks and contracts in progress | 3 | €291,945 | €253,038 | -€38,908 | -13.3% |
| Stocks | 30/36 | €291,945 | €253,038 | -€38,908 | -13.3% |
| Amounts receivable within one year | 40/41 | €2,315 | €26,189 | +€23,874 | +1031.5% |
| Trade receivables | 40 | €2,315 | €26,189 | +€23,874 | +1031.5% |
| Cash at bank and in hand | 54/58 | €16,313 | €17,189 | +€876 | +5.4% |
| Deferred charges and accrued income | 490/1 | €49 | €44 | -€4 | -9.1% |
| Total equity and liabilities | 10/49 | €329,366 | €311,216 | -€18,150 | -5.5% |
| Equity | 10/15 | €90,695 | €110,608 | +€19,913 | +22.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,235 | €90,148 | +€19,913 | +28.4% |
| Amounts payable | 17/49 | €238,671 | €200,609 | -€38,063 | -15.9% |
| Amounts payable after more than one year | 17 | €151,117 | €114,714 | -€36,404 | -24.1% |
| Financial debts | 170/4 | €5,517 | €1,114 | -€4,404 | -79.8% |
| Other amounts payable | 178/9 | €145,600 | €113,600 | -€32,000 | -22.0% |
| Amounts payable within one year | 42/48 | €87,554 | €85,895 | -€1,659 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €4,324 | €4,404 | +€80 | +1.8% |
| Trade debts | 44 | €15,590 | €21,713 | +€6,123 | +39.3% |
| Suppliers | 440/4 | €15,590 | €21,713 | +€6,123 | +39.3% |
| Advances received on contracts in progress | 46 | - | €3,710 | +€3,710 | |
| Taxes, remuneration and social security | 45 | €44,018 | €38,199 | -€5,819 | -13.2% |
| Taxes | 450/3 | €44,018 | €38,199 | -€5,819 | -13.2% |
| Other amounts payable | 47/48 | €23,622 | €17,869 | -€5,752 | -24.4% |
| Remuneration, social security and pensions | 62 | €4,216 | -€41 | -€4,256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,386 | €3,988 | +€601 | +17.8% |
| Other operating charges | 640/8 | €2,751 | €2,326 | -€425 | -15.5% |
| Gross operating margin | 9900 | -€7,103 | €27,271 | +€34,374 | |
| Operating profit (loss) | 9901 | -€17,455 | €20,999 | +€38,454 | |
| Financial income | 75/76B | €314 | €1,662 | +€1,348 | +429.6% |
| Recurring financial income | 75 | €314 | €1,662 | +€1,348 | +429.6% |
| Financial charges | 65/66B | €1,931 | €2,748 | +€817 | +42.3% |
| Recurring financial charges | 65 | €1,931 | €2,748 | +€817 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,073 | €19,913 | +€38,985 | |
| Income taxes | 67/77 | -€178 | - | +€178 | |
| Profit (loss) for the period | 9904 | -€18,894 | €19,913 | +€38,807 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,894 | €19,913 | +€38,807 |
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 6 October 2026 via checked.be.