CYCY: 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.
CYCY
Largest movements
- Tangible fixed assets +€61,789
up €61,789 (+193.6%), from €31,922 to €93,712
of which Furniture and vehicles: +€63,233
- Receivables within one year +€11,885
up €11,885 (+55.6%), from €21,387 to €33,272
- Cash +€11,255
up €11,255 (+21.5%), from €52,388 to €63,643
mainly Other debts (+€100,213) and Net result for the year (+€92,863)
- Other debts +€100,213
up €100,213 (+7414.9%), from €1,352 to €101,565
- Debts after one year -€10,652
down €10,652 (-100.0%), from €10,652 to €0
- Tax, wage and social debts +€10,505
up €10,505 (+84.5%), from €12,427 to €22,932
of which Taxes: +€12,133
- Current portion of long-term debt -€9,023
down €9,023 (-45.9%), from €19,674 to €10,652
- Trade debts -€6,102
down €6,102 (-82.4%), from €7,406 to €1,304
- Gross operating margin +€82,884
up €82,884 (+91.0%), from €91,074 to €173,958
- Depreciation +€13,405
up €13,405 (+64.6%), from €20,759 to €34,164
- Taxes +€5,371
up €5,371 (+28.4%), from €18,906 to €24,277
- Staff costs +€3,261
up €3,261 (+17.4%), from €18,713 to €21,974
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 | €105,697 | €192,460 | +€86,762 | +82.1% |
| Fixed assets | 21/28 | €31,922 | €93,712 | +€61,789 | +193.6% |
| Tangible fixed assets | 22/27 | €31,922 | €93,712 | +€61,789 | +193.6% |
| Plant, machinery and equipment | 23 | €1,719 | €275 | -€1,444 | -84.0% |
| Furniture and vehicles | 24 | €30,203 | €93,437 | +€63,233 | +209.4% |
| Current assets | 29/58 | €73,775 | €98,748 | +€24,973 | +33.9% |
| Amounts receivable within one year | 40/41 | €21,387 | €33,272 | +€11,885 | +55.6% |
| Trade receivables | 40 | €21,387 | €33,272 | +€11,885 | +55.6% |
| Cash at bank and in hand | 54/58 | €52,388 | €63,643 | +€11,255 | +21.5% |
| Deferred charges and accrued income | 490/1 | - | €1,833 | +€1,833 | |
| Total equity and liabilities | 10/49 | €105,697 | €192,460 | +€86,762 | +82.1% |
| Equity | 10/15 | €54,187 | €54,187 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €51,687 | €51,687 | = | 0.0% |
| Distributable reserves | 133 | €51,687 | €51,687 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €51,511 | €138,273 | +€86,762 | +168.4% |
| Amounts payable after more than one year | 17 | €10,652 | €0 | -€10,652 | -100.0% |
| Financial debts | 170/4 | €10,652 | €0 | -€10,652 | -100.0% |
| Amounts payable within one year | 42/48 | €40,859 | €136,748 | +€95,889 | +234.7% |
| Current portion of amounts payable after more than one year | 42 | €19,674 | €10,652 | -€9,023 | -45.9% |
| Financial debts | 43 | - | €296 | +€296 | |
| Credit institutions | 430/8 | - | €296 | +€296 | |
| Trade debts | 44 | €7,406 | €1,304 | -€6,102 | -82.4% |
| Suppliers | 440/4 | €7,406 | €1,304 | -€6,102 | -82.4% |
| Taxes, remuneration and social security | 45 | €12,427 | €22,932 | +€10,505 | +84.5% |
| Taxes | 450/3 | €8,202 | €20,336 | +€12,133 | +147.9% |
| Remuneration and social security | 454/9 | €4,225 | €2,596 | -€1,629 | -38.5% |
| Other amounts payable | 47/48 | €1,352 | €101,565 | +€100,213 | +7414.9% |
| Accrued charges and deferred income | 492/3 | - | €1,525 | +€1,525 | |
| Remuneration, social security and pensions | 62 | €18,713 | €21,974 | +€3,261 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,759 | €34,164 | +€13,405 | +64.6% |
| Other operating charges | 640/8 | €180 | €400 | +€220 | +122.2% |
| Gross operating margin | 9900 | €91,074 | €173,958 | +€82,884 | +91.0% |
| Operating profit (loss) | 9901 | €51,421 | €117,420 | +€65,999 | +128.3% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €412 | €293 | -€119 | -29.0% |
| Recurring financial charges | 65 | €412 | €293 | -€119 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €51,009 | €117,140 | +€66,131 | +129.6% |
| Income taxes | 67/77 | €18,906 | €24,277 | +€5,371 | +28.4% |
| Profit (loss) for the period | 9904 | €32,103 | €92,863 | +€60,760 | +189.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,103 | €92,863 | +€60,760 | +189.3% |
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.