CYCLEX: 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.
CYCLEX
Largest movements
- Cash -€25,080
down €25,080 (-59.7%), from €42,040 to €16,960
mainly Net result for the year (-€29,476) and Tax, wage and social debts (-€217)
- Tangible fixed assets -€938
down €938 (-83.5%), from €1,123 to €185
- Profit (loss) carried forward -€29,476
down €29,476 (-83.9%), from -€35,127 to -€64,602
- Other debts +€2,722
up €2,722 (+59.3%), from €4,592 to €7,314
- Trade debts +€637
up €637 (+4.3%), from €14,848 to €15,485
- Write-downs -€11,050
no longer reported in 2025 (was €11,050)
- Gross operating margin +€646
up €646 (+2.4%), from -€26,960 to -€26,313
- Other operating charges +€299
up €299 (+36.6%), from €817 to €1,117
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 | €57,829 | €31,495 | -€26,334 | -45.5% |
| Fixed assets | 21/28 | €4,423 | €3,485 | -€938 | -21.2% |
| Tangible fixed assets | 22/27 | €1,123 | €185 | -€938 | -83.5% |
| Plant, machinery and equipment | 23 | €1,123 | €185 | -€938 | -83.5% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €53,406 | €28,010 | -€25,396 | -47.6% |
| Stocks and contracts in progress | 3 | €11,050 | €11,050 | = | 0.0% |
| Stocks | 30/36 | €11,050 | €11,050 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €310 | - | -€310 | |
| Trade receivables | 40 | €13 | - | -€13 | |
| Other amounts receivable | 41 | €296 | - | -€296 | |
| Cash at bank and in hand | 54/58 | €42,040 | €16,960 | -€25,080 | -59.7% |
| Deferred charges and accrued income | 490/1 | €6 | €0 | -€6 | -100.0% |
| Total equity and liabilities | 10/49 | €57,829 | €31,495 | -€26,334 | -45.5% |
| Equity | 10/15 | €37,890 | €8,414 | -€29,476 | -77.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,816 | €66,816 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €66,816 | €66,816 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,127 | -€64,602 | -€29,476 | -83.9% |
| Amounts payable | 17/49 | €19,940 | €23,081 | +€3,142 | +15.8% |
| Amounts payable within one year | 42/48 | €19,940 | €23,081 | +€3,142 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €14,848 | €15,485 | +€637 | +4.3% |
| Suppliers | 440/4 | €14,848 | €15,485 | +€637 | +4.3% |
| Taxes, remuneration and social security | 45 | €500 | €283 | -€217 | -43.4% |
| Taxes | 450/3 | €500 | €283 | -€217 | -43.4% |
| Other amounts payable | 47/48 | €4,592 | €7,314 | +€2,722 | +59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €876 | €646 | -€231 | -26.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,050 | - | -€11,050 | |
| Other operating charges | 640/8 | €817 | €1,117 | +€299 | +36.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€26,960 | -€26,313 | +€646 | +2.4% |
| Operating profit (loss) | 9901 | -€39,703 | -€28,076 | +€11,627 | +29.3% |
| Financial income | 75/76B | €16 | €0 | -€16 | -100.0% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -100.0% |
| Financial charges | 65/66B | €1,007 | €951 | -€56 | -5.5% |
| Recurring financial charges | 65 | €1,007 | €951 | -€56 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€40,694 | -€29,027 | +€11,666 | +28.7% |
| Income taxes | 67/77 | €485 | €449 | -€37 | -7.6% |
| Profit (loss) for the period | 9904 | -€41,179 | -€29,476 | +€11,703 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,179 | -€29,476 | +€11,703 | +28.4% |
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 7 October 2026 via checked.be.