CyclGen: 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.
CyclGen
Largest movements
- Tangible fixed assets +€2,471
up €2,471 (+14.2%), from €17,347 to €19,818
of which Plant, machinery and equipment: +€2,178
- Cash +€1,128
up €1,128 (+560.6%), from €201 to €1,330
mainly Depreciation (+€4,731) and Other debts (+€2,618)
- Receivables within one year -€1,078
down €1,078 (-45.1%), from €2,389 to €1,312
of which Other amounts receivable: -€817
- Other debts +€2,618
up €2,618 (+29.0%), from €9,044 to €11,662
- Tax, wage and social debts -€1,465
down €1,465 (-36.0%), from €4,074 to €2,609
of which Remuneration and social security: -€1,400
- Accrued charges and deferred income +€992
new in 2025: €992
- Trade debts +€699
up €699 (+84.3%), from €829 to €1,528
- Profit (loss) carried forward -€500
down €500 (-19.9%), from €2,512 to €2,012
- Gross operating margin -€6,463
down €6,463 (-54.9%), from €11,766 to €5,303
- Depreciation -€2,464
down €2,464 (-34.2%), from €7,196 to €4,731
- Taxes -€1,268
down €1,268 (-65.4%), from €1,939 to €671
- Other operating charges +€279
new in 2025: €279
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 | €20,459 | €22,803 | +€2,344 | +11.5% |
| Fixed assets | 21/28 | €17,347 | €19,818 | +€2,471 | +14.2% |
| Tangible fixed assets | 22/27 | €17,347 | €19,818 | +€2,471 | +14.2% |
| Plant, machinery and equipment | 23 | €2,942 | €5,120 | +€2,178 | +74.0% |
| Furniture and vehicles | 24 | €14,405 | €13,212 | -€1,193 | -8.3% |
| Other tangible fixed assets | 26 | - | €1,486 | +€1,486 | |
| Current assets | 29/58 | €3,112 | €2,985 | -€127 | -4.1% |
| Amounts receivable within one year | 40/41 | €2,389 | €1,312 | -€1,078 | -45.1% |
| Trade receivables | 40 | €819 | €559 | -€260 | -31.8% |
| Other amounts receivable | 41 | €1,570 | €753 | -€817 | -52.0% |
| Cash at bank and in hand | 54/58 | €201 | €1,330 | +€1,128 | +560.6% |
| Deferred charges and accrued income | 490/1 | €522 | €344 | -€178 | -34.1% |
| Total equity and liabilities | 10/49 | €20,459 | €22,803 | +€2,344 | +11.5% |
| Equity | 10/15 | €6,512 | €6,012 | -€500 | -7.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,512 | €2,012 | -€500 | -19.9% |
| Amounts payable | 17/49 | €13,947 | €16,791 | +€2,844 | +20.4% |
| Amounts payable within one year | 42/48 | €13,947 | €15,799 | +€1,852 | +13.3% |
| Trade debts | 44 | €829 | €1,528 | +€699 | +84.3% |
| Suppliers | 440/4 | €829 | €1,528 | +€699 | +84.3% |
| Taxes, remuneration and social security | 45 | €4,074 | €2,609 | -€1,465 | -36.0% |
| Taxes | 450/3 | €2,674 | €2,609 | -€65 | -2.4% |
| Remuneration and social security | 454/9 | €1,400 | €0 | -€1,400 | -100.0% |
| Other amounts payable | 47/48 | €9,044 | €11,662 | +€2,618 | +29.0% |
| Accrued charges and deferred income | 492/3 | - | €992 | +€992 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,196 | €4,731 | -€2,464 | -34.2% |
| Other operating charges | 640/8 | - | €279 | +€279 | |
| Gross operating margin | 9900 | €11,766 | €5,303 | -€6,463 | -54.9% |
| Operating profit (loss) | 9901 | €4,571 | €293 | -€4,278 | -93.6% |
| Financial income | 75/76B | €0 | €12 | +€12 | +118300.0% |
| Recurring financial income | 75 | €0 | €12 | +€12 | +118300.0% |
| Financial charges | 65/66B | €120 | €134 | +€14 | +11.8% |
| Recurring financial charges | 65 | €120 | €134 | +€14 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €4,451 | €170 | -€4,280 | -96.2% |
| Income taxes | 67/77 | €1,939 | €671 | -€1,268 | -65.4% |
| Profit (loss) for the period | 9904 | €2,512 | -€500 | -€3,012 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,512 | -€500 | -€3,012 |
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 4 October 2026 via checked.be.