Cygnet Infotech: 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.
Cygnet Infotech
Largest movements
- Receivables within one year +€158,849
up €158,849 (+94.1%), from €168,851 to €327,700
of which Trade receivables: +€158,650
- Deferred charges and accrued income -€8,396
down €8,396 (-100%), from €8,396 to €0
- Trade debts +€125,100
up €125,100 (+68.8%), from €181,777 to €306,877
- Tax, wage and social debts +€21,467
up €21,467 (+49.5%), from €43,333 to €64,799
- Other operating charges +€400
up €400, from €0 to €400
- Gross operating margin -€316
down €316 (-8.4%), from €3,738 to €3,422
- Taxes -€145
down €145 (-31.6%), from €458 to €313
- Financial charges -€137
down €137 (-7.2%), from €1,907 to €1,769
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 | €236,257 | €383,763 | +€147,506 | +62.4% |
| Current assets | 29/58 | €236,257 | €383,763 | +€147,506 | +62.4% |
| Amounts receivable within one year | 40/41 | €168,851 | €327,700 | +€158,849 | +94.1% |
| Trade receivables | 40 | €168,763 | €327,413 | +€158,650 | +94.0% |
| Other amounts receivable | 41 | €88 | €287 | +€199 | +226% |
| Cash at bank and in hand | 54/58 | €59,009 | €56,063 | -€2,946 | -5.0% |
| Deferred charges and accrued income | 490/1 | €8,396 | €0 | -€8,396 | -100% |
| Total equity and liabilities | 10/49 | €236,257 | €383,763 | +€147,506 | +62.4% |
| Equity | 10/15 | €11,147 | €12,087 | +€940 | +8.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,147 | €2,087 | +€940 | +81.9% |
| Amounts payable | 17/49 | €225,110 | €371,676 | +€146,567 | +65.1% |
| Amounts payable within one year | 42/48 | €225,110 | €371,676 | +€146,567 | +65.1% |
| Trade debts | 44 | €181,777 | €306,877 | +€125,100 | +68.8% |
| Suppliers | 440/4 | €181,777 | €306,877 | +€125,100 | +68.8% |
| Taxes, remuneration and social security | 45 | €43,333 | €64,799 | +€21,467 | +49.5% |
| Taxes | 450/3 | €43,333 | €64,799 | +€21,467 | +49.5% |
| Other operating charges | 640/8 | €0 | €400 | +€400 | |
| Gross operating margin | 9900 | €3,738 | €3,422 | -€316 | -8.4% |
| Operating profit (loss) | 9901 | €3,738 | €3,023 | -€716 | -19.1% |
| Financial charges | 65/66B | €1,907 | €1,769 | -€137 | -7.2% |
| Recurring financial charges | 65 | €1,907 | €1,769 | -€137 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €1,832 | €1,253 | -€578 | -31.6% |
| Income taxes | 67/77 | €458 | €313 | -€145 | -31.6% |
| Profit (loss) for the period | 9904 | €1,374 | €940 | -€434 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,374 | €940 | -€434 | -31.6% |
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 15 October 2026 via checked.be.