CYDEL: 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.
CYDEL
Largest movements
- Tangible fixed assets +€645,997
up €645,997 (+2353.7%), from €27,446 to €673,444
of which Land and buildings: +€655,155
- Debts after one year +€645,525
up €645,525 (+4617.6%), from €13,980 to €659,504
- Profit (loss) carried forward -€31,104
down €31,104 (-139.4%), from -€22,305 to -€53,408
- Other debts +€25,666
up €25,666 (+406.2%), from €6,319 to €31,985
- Current portion of long-term debt +€19,285
up €19,285 (+191.8%), from €10,052 to €29,338
- Reserves -€12,748
down €12,748 (-100.0%), from €12,748 to €0
- Financial charges +€22,553
up €22,553 (+1772.3%), from €1,273 to €23,826
- Gross operating margin +€10,640
up €10,640, from -€7,948 to €2,693
- Depreciation +€10,535
up €10,535 (+86.6%), from €12,161 to €22,696
- Financial income +€691
new in 2025: €691
- Other operating charges -€210
down €210 (-22.8%), from €923 to €713
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 | €40,289 | €690,827 | +€650,538 | +1614.7% |
| Fixed assets | 21/28 | €27,446 | €673,444 | +€645,997 | +2353.7% |
| Tangible fixed assets | 22/27 | €27,446 | €673,444 | +€645,997 | +2353.7% |
| Land and buildings | 22 | - | €655,155 | +€655,155 | |
| Plant, machinery and equipment | 23 | €1,440 | €3,886 | +€2,447 | +169.9% |
| Furniture and vehicles | 24 | €26,007 | €14,402 | -€11,604 | -44.6% |
| Current assets | 29/58 | €12,843 | €17,383 | +€4,540 | +35.4% |
| Amounts receivable within one year | 40/41 | €7,470 | €8,487 | +€1,017 | +13.6% |
| Trade receivables | 40 | €7,470 | €7,470 | = | 0.0% |
| Other amounts receivable | 41 | - | €1,017 | +€1,017 | |
| Cash at bank and in hand | 54/58 | €3,858 | €8,896 | +€5,038 | +130.6% |
| Deferred charges and accrued income | 490/1 | €1,515 | €0 | -€1,515 | -100.0% |
| Total equity and liabilities | 10/49 | €40,289 | €690,827 | +€650,538 | +1614.7% |
| Equity | 10/15 | -€1,557 | -€45,408 | -€43,851 | -2816.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €12,748 | €0 | -€12,748 | -100.0% |
| Distributable reserves | 133 | €12,748 | €0 | -€12,748 | -100.0% |
| Profit (loss) carried forward | 14 | -€22,305 | -€53,408 | -€31,104 | -139.4% |
| Amounts payable | 17/49 | €41,846 | €736,235 | +€694,389 | +1659.4% |
| Amounts payable after more than one year | 17 | €13,980 | €659,504 | +€645,525 | +4617.6% |
| Financial debts | 170/4 | €13,980 | €659,504 | +€645,525 | +4617.6% |
| Amounts payable within one year | 42/48 | €27,867 | €64,932 | +€37,065 | +133.0% |
| Current portion of amounts payable after more than one year | 42 | €10,052 | €29,338 | +€19,285 | +191.8% |
| Trade debts | 44 | €3,758 | €1,083 | -€2,676 | -71.2% |
| Suppliers | 440/4 | €3,758 | €1,083 | -€2,676 | -71.2% |
| Taxes, remuneration and social security | 45 | €7,737 | €2,526 | -€5,211 | -67.3% |
| Taxes | 450/3 | €737 | €2,526 | +€1,789 | +242.8% |
| Remuneration and social security | 454/9 | €7,000 | €0 | -€7,000 | -100.0% |
| Other amounts payable | 47/48 | €6,319 | €31,985 | +€25,666 | +406.2% |
| Accrued charges and deferred income | 492/3 | - | €11,798 | +€11,798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,161 | €22,696 | +€10,535 | +86.6% |
| Other operating charges | 640/8 | €923 | €713 | -€210 | -22.8% |
| Gross operating margin | 9900 | -€7,948 | €2,693 | +€10,640 | |
| Operating profit (loss) | 9901 | -€21,032 | -€20,716 | +€316 | +1.5% |
| Financial income | 75/76B | - | €691 | +€691 | |
| Recurring financial income | 75 | - | €691 | +€691 | |
| Financial charges | 65/66B | €1,273 | €23,826 | +€22,553 | +1772.3% |
| Recurring financial charges | 65 | €1,273 | €23,826 | +€22,553 | +1772.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,305 | -€43,851 | -€21,547 | -96.6% |
| Profit (loss) for the period | 9904 | -€22,305 | -€43,851 | -€21,547 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,305 | -€43,851 | -€21,547 | -96.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.