CYDEV: 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.
CYDEV
Largest movements
- Cash +€69,365
up €69,365 (+2312.2%), from €3,000 to €72,365
mainly Net result for the year (+€84,071) and Other debts (+€9,807)
- Receivables within one year +€22,549
up €22,549 (+4167.2%), from €541 to €23,090
of which Trade receivables: +€20,126
- Tangible fixed assets +€5,764
new in 2025: €5,764
- Reserves +€81,445
new in 2025: €81,445
- Other debts +€9,807
new in 2025: €9,807
- Tax, wage and social debts +€6,927
new in 2025: €6,927
- Trade debts -€3,072
down €3,072 (-97.0%), from €3,168 to €96
- Profit (loss) carried forward +€2,627
up €2,627, from -€2,627 to €0
- Gross operating margin +€110,720
up €110,720, from -€2,627 to €108,094
- Taxes +€21,036
new in 2025: €21,036
- Financial charges +€2,222
new in 2025: €2,222
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 | €3,541 | €101,274 | +€97,733 | +2760.0% |
| Fixed assets | 21/28 | - | €5,764 | +€5,764 | |
| Tangible fixed assets | 22/27 | - | €5,764 | +€5,764 | |
| Furniture and vehicles | 24 | - | €5,764 | +€5,764 | |
| Current assets | 29/58 | €3,541 | €95,511 | +€91,969 | +2597.2% |
| Amounts receivable within one year | 40/41 | €541 | €23,090 | +€22,549 | +4167.2% |
| Trade receivables | 40 | - | €20,126 | +€20,126 | |
| Other amounts receivable | 41 | €541 | €2,964 | +€2,423 | +447.7% |
| Cash at bank and in hand | 54/58 | €3,000 | €72,365 | +€69,365 | +2312.2% |
| Deferred charges and accrued income | 490/1 | - | €55 | +€55 | |
| Total equity and liabilities | 10/49 | €3,541 | €101,274 | +€97,733 | +2760.0% |
| Equity | 10/15 | €373 | €84,445 | +€84,071 | +22521.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €81,445 | +€81,445 | |
| Distributable reserves | 133 | - | €81,445 | +€81,445 | |
| Profit (loss) carried forward | 14 | -€2,627 | €0 | +€2,627 | |
| Amounts payable | 17/49 | €3,168 | €16,830 | +€13,662 | +431.3% |
| Amounts payable within one year | 42/48 | €3,168 | €16,830 | +€13,662 | +431.3% |
| Trade debts | 44 | €3,168 | €96 | -€3,072 | -97.0% |
| Suppliers | 440/4 | €3,168 | €96 | -€3,072 | -97.0% |
| Taxes, remuneration and social security | 45 | - | €6,927 | +€6,927 | |
| Taxes | 450/3 | - | €6,927 | +€6,927 | |
| Other amounts payable | 47/48 | - | €9,807 | +€9,807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €578 | +€578 | |
| Other operating charges | 640/8 | - | €186 | +€186 | |
| Gross operating margin | 9900 | -€2,627 | €108,094 | +€110,720 | |
| Operating profit (loss) | 9901 | -€2,627 | €107,330 | +€109,956 | |
| Financial charges | 65/66B | - | €2,222 | +€2,222 | |
| Recurring financial charges | 65 | - | €2,222 | +€2,222 | |
| Profit (loss) for the period before taxes | 9903 | -€2,627 | €105,108 | +€107,734 | |
| Income taxes | 67/77 | - | €21,036 | +€21,036 | |
| Profit (loss) for the period | 9904 | -€2,627 | €84,071 | +€86,698 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,627 | €84,071 | +€86,698 |
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 7 October 2026 via checked.be.