CYGNUS IT: 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.
CYGNUS IT
Largest movements
- Current investments +€38,443
up €38,443 (+36.8%), from €104,464 to €142,907
- Receivables within one year +€19,008
up €19,008 (+227.1%), from €8,371 to €27,379
of which Trade receivables: +€19,008
- Tangible fixed assets -€5,123
down €5,123 (-22.2%), from €23,028 to €17,905
of which Furniture and vehicles: -€4,988
- Reserves +€35,082
up €35,082 (+32.6%), from €107,508 to €142,590
- Tax, wage and social debts +€6,868
up €6,868 (+40.7%), from €16,894 to €23,762
- Other debts +€5,679
up €5,679 (+13.2%), from €43,032 to €48,711
- Trade debts +€4,962
up €4,962 (+581.2%), from €854 to €5,816
- Gross operating margin +€22,291
up €22,291 (+77.5%), from €28,780 to €51,071
- Financial income +€5,817
up €5,817 (+6193.2%), from €94 to €5,911
- Taxes +€4,840
up €4,840 (+78.2%), from €6,187 to €11,026
- Depreciation -€790
down €790 (-10.6%), from €7,481 to €6,691
- Financial charges -€694
down €694 (-22.5%), from €3,078 to €2,384
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 | €168,866 | €221,458 | +€52,592 | +31.1% |
| Fixed assets | 21/28 | €23,028 | €17,905 | -€5,123 | -22.2% |
| Tangible fixed assets | 22/27 | €23,028 | €17,905 | -€5,123 | -22.2% |
| Plant, machinery and equipment | 23 | €2,091 | €1,956 | -€135 | -6.5% |
| Furniture and vehicles | 24 | €20,937 | €15,949 | -€4,988 | -23.8% |
| Current assets | 29/58 | €145,838 | €203,553 | +€57,715 | +39.6% |
| Amounts receivable within one year | 40/41 | €8,371 | €27,379 | +€19,008 | +227.1% |
| Trade receivables | 40 | €8,286 | €27,294 | +€19,008 | +229.4% |
| Other amounts receivable | 41 | €85 | €85 | = | 0.0% |
| Current investments | 50/53 | €104,464 | €142,907 | +€38,443 | +36.8% |
| Cash at bank and in hand | 54/58 | €32,729 | €32,211 | -€518 | -1.6% |
| Deferred charges and accrued income | 490/1 | €273 | €1,056 | +€782 | +286.4% |
| Total equity and liabilities | 10/49 | €168,866 | €221,458 | +€52,592 | +31.1% |
| Equity | 10/15 | €108,086 | €143,168 | +€35,082 | +32.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,508 | €142,590 | +€35,082 | +32.6% |
| Distributable reserves | 133 | €107,508 | €142,590 | +€35,082 | +32.6% |
| Profit (loss) carried forward | 14 | -€18,022 | -€18,022 | = | 0.0% |
| Amounts payable | 17/49 | €60,780 | €78,289 | +€17,510 | +28.8% |
| Amounts payable within one year | 42/48 | €60,780 | €78,289 | +€17,510 | +28.8% |
| Trade debts | 44 | €854 | €5,816 | +€4,962 | +581.2% |
| Suppliers | 440/4 | €854 | €5,816 | +€4,962 | +581.2% |
| Taxes, remuneration and social security | 45 | €16,894 | €23,762 | +€6,868 | +40.7% |
| Taxes | 450/3 | €16,894 | €23,762 | +€6,868 | +40.7% |
| Other amounts payable | 47/48 | €43,032 | €48,711 | +€5,679 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,481 | €6,691 | -€790 | -10.6% |
| Other operating charges | 640/8 | €1,619 | €1,799 | +€180 | +11.1% |
| Gross operating margin | 9900 | €28,780 | €51,071 | +€22,291 | +77.5% |
| Operating profit (loss) | 9901 | €19,680 | €42,582 | +€22,902 | +116.4% |
| Financial income | 75/76B | €94 | €5,911 | +€5,817 | +6193.2% |
| Recurring financial income | 75 | €94 | €5,911 | +€5,817 | +6193.2% |
| Financial charges | 65/66B | €3,078 | €2,384 | -€694 | -22.5% |
| Recurring financial charges | 65 | €3,078 | €2,384 | -€694 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €16,696 | €46,109 | +€29,413 | +176.2% |
| Income taxes | 67/77 | €6,187 | €11,026 | +€4,840 | +78.2% |
| Profit (loss) for the period | 9904 | €10,509 | €35,082 | +€24,573 | +233.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,509 | €35,082 | +€24,573 | +233.8% |
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 11 October 2026 via checked.be.