CYCLOP: 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.
CYCLOP
Largest movements
- Cash -€6,928
down €6,928 (-7.5%), from €92,140 to €85,211
mainly Contributions, distributions and other (-€31,863) and Trade debts (-€15,145)
- Receivables within one year -€5,225
down €5,225 (-89.1%), from €5,863 to €639
of which Other amounts receivable: -€3,499
- Deferred charges and accrued income +€4,697
up €4,697 (+402.7%), from €1,166 to €5,863
- Tangible fixed assets -€2,094
down €2,094 (-30.7%), from €6,816 to €4,722
- Other debts +€29,761
up €29,761 (+238.3%), from €12,489 to €42,250
- Profit (loss) carried forward -€26,153
no longer reported in 2025 (was €26,153)
- Trade debts -€15,145
down €15,145 (-93.9%), from €16,123 to €978
- Tax, wage and social debts +€1,987
up €1,987 (+413.0%), from €481 to €2,468
- Gross operating margin -€9,576
down €9,576 (-45.5%), from €21,028 to €11,452
- Taxes -€3,247
down €3,247 (-65.3%), from €4,971 to €1,724
- Financial income -€456
no longer reported in 2025 (was €456)
- Depreciation -€258
down €258 (-6.2%), from €4,186 to €3,927
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 | €105,985 | €96,435 | -€9,550 | -9.0% |
| Fixed assets | 21/28 | €6,816 | €4,722 | -€2,094 | -30.7% |
| Tangible fixed assets | 22/27 | €6,816 | €4,722 | -€2,094 | -30.7% |
| Furniture and vehicles | 24 | €6,816 | €4,722 | -€2,094 | -30.7% |
| Current assets | 29/58 | €99,169 | €91,713 | -€7,456 | -7.5% |
| Amounts receivable within one year | 40/41 | €5,863 | €639 | -€5,225 | -89.1% |
| Trade receivables | 40 | €1,799 | €74 | -€1,726 | -95.9% |
| Other amounts receivable | 41 | €4,064 | €565 | -€3,499 | -86.1% |
| Cash at bank and in hand | 54/58 | €92,140 | €85,211 | -€6,928 | -7.5% |
| Deferred charges and accrued income | 490/1 | €1,166 | €5,863 | +€4,697 | +402.7% |
| Total equity and liabilities | 10/49 | €105,985 | €96,435 | -€9,550 | -9.0% |
| Equity | 10/15 | €76,892 | €50,739 | -€26,153 | -34.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €44,739 | €44,739 | = | 0.0% |
| Distributable reserves | 133 | €44,739 | €44,739 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,153 | - | -€26,153 | |
| Amounts payable | 17/49 | €29,093 | €45,696 | +€16,604 | +57.1% |
| Amounts payable within one year | 42/48 | €29,093 | €45,696 | +€16,604 | +57.1% |
| Trade debts | 44 | €16,123 | €978 | -€15,145 | -93.9% |
| Suppliers | 440/4 | €16,123 | €978 | -€15,145 | -93.9% |
| Taxes, remuneration and social security | 45 | €481 | €2,468 | +€1,987 | +413.0% |
| Taxes | 450/3 | €481 | €2,468 | +€1,987 | +413.0% |
| Other amounts payable | 47/48 | €12,489 | €42,250 | +€29,761 | +238.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,186 | €3,927 | -€258 | -6.2% |
| Gross operating margin | 9900 | €21,028 | €11,452 | -€9,576 | -45.5% |
| Operating profit (loss) | 9901 | €16,842 | €7,525 | -€9,317 | -55.3% |
| Financial income | 75/76B | €456 | - | -€456 | |
| Recurring financial income | 75 | €456 | - | -€456 | |
| Financial charges | 65/66B | €108 | €91 | -€17 | -15.7% |
| Recurring financial charges | 65 | €108 | €91 | -€17 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €17,191 | €7,434 | -€9,757 | -56.8% |
| Income taxes | 67/77 | €4,971 | €1,724 | -€3,247 | -65.3% |
| Profit (loss) for the period | 9904 | €12,219 | €5,710 | -€6,510 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,219 | €5,710 | -€6,510 | -53.3% |
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 3 October 2026 via checked.be.