CYCLOON: 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.
CYCLOON
Largest movements
- Cash +€8,974
up €8,974 (+136%), from €6,606 to €15,580
mainly Net result for the year (+€30,859) and Depreciation (+€20,552)
- Deferred charges and accrued income +€5,591
up €5,591 (+4,877%), from €115 to €5,706
- Receivables within one year +€4,227
up €4,227 (+21.3%), from €19,867 to €24,094
of which Trade receivables: +€4,576
- Tangible fixed assets +€2,058
up €2,058 (+1.4%), from €152,164 to €154,221
of which Furniture and vehicles: +€12,418
- Profit (loss) carried forward +€30,859
up €30,859 (+16.0%), from -€192,933 to -€162,074
- Other debts -€6,582
down €6,582 (-4.7%), from €139,831 to €133,249
- Debts after one year -€4,806
down €4,806 (-31.8%), from €15,109 to €10,303
- Gross operating margin +€25,173
up €25,173 (+15.6%), from €161,132 to €186,305
- Staff costs +€11,268
up €11,268 (+10.7%), from €105,380 to €116,649
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 | €183,410 | €203,903 | +€20,493 | +11.2% |
| Fixed assets | 21/28 | €152,164 | €154,221 | +€2,058 | +1.4% |
| Tangible fixed assets | 22/27 | €152,164 | €154,221 | +€2,058 | +1.4% |
| Land and buildings | 22 | €119,737 | €115,075 | -€4,661 | -3.9% |
| Plant, machinery and equipment | 23 | €3,459 | €3,360 | -€99 | -2.9% |
| Furniture and vehicles | 24 | €6,566 | €18,984 | +€12,418 | +189% |
| Leasing and similar rights | 25 | €22,402 | €16,802 | -€5,601 | -25.0% |
| Current assets | 29/58 | €31,247 | €49,682 | +€18,435 | +59.0% |
| Stocks and contracts in progress | 3 | €4,659 | €4,302 | -€357 | -7.7% |
| Stocks | 30/36 | €4,659 | €4,302 | -€357 | -7.7% |
| Amounts receivable within one year | 40/41 | €19,867 | €24,094 | +€4,227 | +21.3% |
| Trade receivables | 40 | €19,431 | €24,007 | +€4,576 | +23.5% |
| Other amounts receivable | 41 | €436 | €87 | -€349 | -80.0% |
| Cash at bank and in hand | 54/58 | €6,606 | €15,580 | +€8,974 | +136% |
| Deferred charges and accrued income | 490/1 | €115 | €5,706 | +€5,591 | +4,877% |
| Total equity and liabilities | 10/49 | €183,410 | €203,903 | +€20,493 | +11.2% |
| Equity | 10/15 | -€14,023 | €16,837 | +€30,859 | |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €3,910 | €3,910 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21 | €21 | = | 0.0% |
| Legal reserve | 130 | €21 | €21 | = | 0.0% |
| Distributable reserves | 133 | €3,889 | €3,889 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€192,933 | -€162,074 | +€30,859 | +16.0% |
| Amounts payable | 17/49 | €197,433 | €187,066 | -€10,366 | -5.3% |
| Amounts payable after more than one year | 17 | €15,109 | €10,303 | -€4,806 | -31.8% |
| Financial debts | 170/4 | €15,109 | €10,303 | -€4,806 | -31.8% |
| Amounts payable within one year | 42/48 | €182,324 | €176,763 | -€5,561 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €4,589 | €4,806 | +€217 | +4.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €18,727 | €19,444 | +€718 | +3.8% |
| Suppliers | 440/4 | €18,727 | €19,444 | +€718 | +3.8% |
| Taxes, remuneration and social security | 45 | €19,177 | €19,264 | +€87 | +0.5% |
| Taxes | 450/3 | €7,864 | €4,587 | -€3,277 | -41.7% |
| Remuneration and social security | 454/9 | €11,313 | €14,677 | +€3,364 | +29.7% |
| Other amounts payable | 47/48 | €139,831 | €133,249 | -€6,582 | -4.7% |
| Remuneration, social security and pensions | 62 | €105,380 | €116,649 | +€11,268 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,443 | €20,552 | -€891 | -4.2% |
| Other operating charges | 640/8 | €16,233 | €16,076 | -€158 | -1.0% |
| Gross operating margin | 9900 | €161,132 | €186,305 | +€25,173 | +15.6% |
| Operating profit (loss) | 9901 | €18,075 | €33,028 | +€14,954 | +82.7% |
| Financial income | 75/76B | €35 | €511 | +€475 | +1,351% |
| Recurring financial income | 75 | €35 | €511 | +€475 | +1,351% |
| Financial charges | 65/66B | €3,656 | €2,329 | -€1,327 | -36.3% |
| Recurring financial charges | 65 | €3,656 | €2,329 | -€1,327 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €14,454 | €31,211 | +€16,756 | +116% |
| Income taxes | 67/77 | €123 | €351 | +€228 | +186% |
| Profit (loss) for the period | 9904 | €14,331 | €30,859 | +€16,528 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €14,331 | €30,859 | +€16,528 | +115% |
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 21 October 2026 via checked.be.