CYKA: 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.
What changed
CYKA
NACE 55.100, Hotels and similar accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,167
2024 · €250+€7,917
Equity
€5.5m
2024 · €5.5m-€51,237
Cash
€64,874
2024 · €103,094-€38,221
Balance sheet total
€11.6m
2024 · €11.9m-€331,297
Largest movements
Assets
- Tangible fixed assets -€215,744
down €215,744 (-4.3%), from €5.0m to €4.8m
of which Land and buildings: -€176,215
Equity and liabilities
- Debts after one year -€339,540
down €339,540 (-6.3%), from €5.4m to €5.1m
- Other debts +€142,795
up €142,795 (+32.4%), from €440,051 to €582,847
- Accrued charges and deferred income -€131,575
down €131,575 (-83.6%), from €157,473 to €25,897
Income statement
- Gross operating margin +€134,916
up €134,916 (+19.5%), from €690,811 to €825,726
- Depreciation +€55,515
up €55,515 (+33.4%), from €166,229 to €221,744
- Staff costs +€50,450
up €50,450 (+29.0%), from €173,813 to €224,263
- Financial charges +€22,711
up €22,711 (+8.2%), from €275,313 to €298,023
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.
Result 2024
€250
Gross operating margin
+€134,916
Staff costs
-€50,450
Depreciation
-€55,515
Other operating charges
+€1,813
Financial income
-€136
Financial charges
-€22,711
Result 2025
€8,167
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.
From operations
+€365,354
Investment
-€6,000
Financing
-€397,575
Cash 2024
€103,094
From operations (derived)
+€365,354
Net result for the year
+€8,167
Depreciation
+€221,744
Receivables after one year
+€75,000
Receivables within one year
+€1,099
Deferred charges and accrued income
+€1,233
Trade debts
-€8,281
Tax, wage and social debts
+€55,171
Other debts
+€142,795
Accrued charges and deferred income
-€131,575
Investment (derived)
-€6,000
Investment in fixed assets (net)
-€6,000
Financing
-€397,575
Debts after one year
-€339,540
Current portion of long-term debt
+€1,369
Contributions, distributions and other
-€59,404
Cash 2025
€64,874
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,941,918 | €11,610,621 | -€331,297 | -2.8% |
| Fixed assets | 21/28 | €11,350,096 | €11,134,352 | -€215,744 | -1.9% |
| Tangible fixed assets | 22/27 | €5,040,675 | €4,824,931 | -€215,744 | -4.3% |
| Land and buildings | 22 | €4,776,533 | €4,600,318 | -€176,215 | -3.7% |
| Plant, machinery and equipment | 23 | €257,096 | €221,092 | -€36,004 | -14.0% |
| Furniture and vehicles | 24 | €6,099 | €3,050 | -€3,050 | -50.0% |
| Other tangible fixed assets | 26 | €948 | €472 | -€476 | -50.2% |
| Financial fixed assets | 28 | €6,309,421 | €6,309,421 | = | 0.0% |
| Current assets | 29/58 | €591,822 | €476,269 | -€115,553 | -19.5% |
| Amounts receivable after more than one year | 29 | €465,085 | €390,085 | -€75,000 | -16.1% |
| Other amounts receivable | 291 | €465,085 | €390,085 | -€75,000 | -16.1% |
| Amounts receivable within one year | 40/41 | €19,299 | €18,200 | -€1,099 | -5.7% |
| Trade receivables | 40 | €6,530 | €5,431 | -€1,099 | -16.8% |
| Other amounts receivable | 41 | €12,770 | €12,770 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €103,094 | €64,874 | -€38,221 | -37.1% |
| Deferred charges and accrued income | 490/1 | €4,343 | €3,110 | -€1,233 | -28.4% |
| Total equity and liabilities | 10/49 | €11,941,918 | €11,610,621 | -€331,297 | -2.8% |
| Equity | 10/15 | €5,506,637 | €5,455,400 | -€51,237 | -0.9% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Capital | 10 | €161,131 | €161,131 | = | 0.0% |
| Issued capital | 100 | €161,131 | €161,131 | = | 0.0% |
| Revaluation surpluses | 12 | €5,872,450 | €5,788,071 | -€84,379 | -1.4% |
| Reserves | 13 | €449,550 | €474,525 | +€24,975 | +5.6% |
| Distributable reserves | 133 | €449,550 | €474,525 | +€24,975 | +5.6% |
| Profit (loss) carried forward | 14 | -€976,494 | -€968,327 | +€8,167 | +0.8% |
| Amounts payable | 17/49 | €6,435,281 | €6,155,221 | -€280,060 | -4.4% |
| Amounts payable after more than one year | 17 | €5,429,038 | €5,089,498 | -€339,540 | -6.3% |
| Financial debts | 170/4 | €5,429,038 | €5,089,498 | -€339,540 | -6.3% |
| Amounts payable within one year | 42/48 | €848,771 | €1,039,826 | +€191,055 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €338,171 | €339,540 | +€1,369 | +0.4% |
| Trade debts | 44 | €43,256 | €34,975 | -€8,281 | -19.1% |
| Suppliers | 440/4 | €43,256 | €34,975 | -€8,281 | -19.1% |
| Taxes, remuneration and social security | 45 | €27,294 | €82,465 | +€55,171 | +202.1% |
| Taxes | 450/3 | €5,326 | €34,818 | +€29,492 | +553.8% |
| Remuneration and social security | 454/9 | €21,968 | €47,647 | +€25,679 | +116.9% |
| Other amounts payable | 47/48 | €440,051 | €582,847 | +€142,795 | +32.4% |
| Accrued charges and deferred income | 492/3 | €157,473 | €25,897 | -€131,575 | -83.6% |
| Remuneration, social security and pensions | 62 | €173,813 | €224,263 | +€50,450 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,229 | €221,744 | +€55,515 | +33.4% |
| Other operating charges | 640/8 | €75,494 | €73,681 | -€1,813 | -2.4% |
| Gross operating margin | 9900 | €690,811 | €825,726 | +€134,916 | +19.5% |
| Operating profit (loss) | 9901 | €275,274 | €306,038 | +€30,764 | +11.2% |
| Financial income | 75/76B | €289 | €153 | -€136 | -47.1% |
| Recurring financial income | 75 | €289 | €153 | -€136 | -47.1% |
| Financial charges | 65/66B | €275,313 | €298,023 | +€22,711 | +8.2% |
| Recurring financial charges | 65 | €275,313 | €298,023 | +€22,711 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €250 | €8,167 | +€7,917 | +3168.6% |
| Profit (loss) for the period | 9904 | €250 | €8,167 | +€7,917 | +3168.6% |
| Profit (loss) for the period to be appropriated | 9905 | €250 | €8,167 | +€7,917 | +3168.6% |
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 4 October 2026 via checked.be.