CYKAM: 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.
CYKAM
Largest movements
- Receivables within one year +€325,412
up €325,412 (+694%), from €46,877 to €372,290
of which Trade receivables: +€278,552
- Stocks and contracts +€90,500
up €90,500 (+13.8%), from €654,161 to €744,661
- Trade debts +€266,008
up €266,008 (+361%), from €73,588 to €339,596
- Other debts +€126,915
up €126,915 (+204%), from €62,335 to €189,249
- Profit (loss) carried forward +€28,154
up €28,154 (+7.7%), from €365,837 to €393,991
- Current portion of long-term debt -€20,944
down €20,944 (-93.3%), from €22,450 to €1,506
- Tax, wage and social debts +€16,596
up €16,596 (+8.0%), from €207,973 to €224,569
of which Remuneration and social security: +€15,362
- Gross operating margin +€20,829
up €20,829 (+40.6%), from €51,268 to €72,097
- Staff costs -€10,180
down €10,180 (-22.6%), from €44,964 to €34,784
- Other operating charges -€8,895
down €8,895 (-83.9%), from €10,607 to €1,712
- Financial charges +€1,502
up €1,502 (+61.5%), from €2,444 to €3,946
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 | €785,489 | €1,199,460 | +€413,970 | +52.7% |
| Fixed assets | 21/28 | €76,661 | €73,293 | -€3,368 | -4.4% |
| Tangible fixed assets | 22/27 | €16,148 | €12,780 | -€3,368 | -20.9% |
| Plant, machinery and equipment | 23 | €1,980 | €1,516 | -€465 | -23.5% |
| Other tangible fixed assets | 26 | €14,168 | €11,264 | -€2,903 | -20.5% |
| Financial fixed assets | 28 | €60,513 | €60,513 | = | 0.0% |
| Current assets | 29/58 | €708,829 | €1,126,167 | +€417,339 | +58.9% |
| Stocks and contracts in progress | 3 | €654,161 | €744,661 | +€90,500 | +13.8% |
| Stocks | 30/36 | €654,161 | €744,661 | +€90,500 | +13.8% |
| Amounts receivable within one year | 40/41 | €46,877 | €372,290 | +€325,412 | +694% |
| Trade receivables | 40 | €20,146 | €298,698 | +€278,552 | +1,383% |
| Other amounts receivable | 41 | €26,731 | €73,592 | +€46,861 | +175% |
| Cash at bank and in hand | 54/58 | €7,409 | €8,835 | +€1,426 | +19.2% |
| Deferred charges and accrued income | 490/1 | €381 | €381 | = | 0.0% |
| Total equity and liabilities | 10/49 | €785,489 | €1,199,460 | +€413,970 | +52.7% |
| Equity | 10/15 | €411,457 | €439,611 | +€28,154 | +6.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €27,028 | €27,028 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,028 | €27,028 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,028 | €27,028 | = | 0.0% |
| Profit (loss) carried forward | 14 | €365,837 | €393,991 | +€28,154 | +7.7% |
| Amounts payable | 17/49 | €374,032 | €759,849 | +€385,816 | +103% |
| Amounts payable after more than one year | 17 | €7,687 | €4,928 | -€2,758 | -35.9% |
| Financial debts | 170/4 | €7,687 | €4,928 | -€2,758 | -35.9% |
| Amounts payable within one year | 42/48 | €366,346 | €754,920 | +€388,575 | +106% |
| Current portion of amounts payable after more than one year | 42 | €22,450 | €1,506 | -€20,944 | -93.3% |
| Trade debts | 44 | €73,588 | €339,596 | +€266,008 | +361% |
| Suppliers | 440/4 | €73,588 | €339,596 | +€266,008 | +361% |
| Taxes, remuneration and social security | 45 | €207,973 | €224,569 | +€16,596 | +8.0% |
| Taxes | 450/3 | €174,442 | €175,676 | +€1,234 | +0.7% |
| Remuneration and social security | 454/9 | €33,531 | €48,894 | +€15,362 | +45.8% |
| Other amounts payable | 47/48 | €62,335 | €189,249 | +€126,915 | +204% |
| Remuneration, social security and pensions | 62 | €44,964 | €34,784 | -€10,180 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,368 | €3,368 | = | 0.0% |
| Other operating charges | 640/8 | €10,607 | €1,712 | -€8,895 | -83.9% |
| Non-recurring operating charges | 66A | €93,141 | - | -€93,141 | |
| Gross operating margin | 9900 | €51,268 | €72,097 | +€20,829 | +40.6% |
| Operating profit (loss) | 9901 | -€100,812 | €32,233 | +€133,044 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €2,444 | €3,946 | +€1,502 | +61.5% |
| Recurring financial charges | 65 | €2,444 | €3,946 | +€1,502 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | -€103,254 | €28,287 | +€131,541 | |
| Income taxes | 67/77 | - | €133 | +€133 | |
| Profit (loss) for the period | 9904 | -€103,254 | €28,154 | +€131,408 | |
| Profit (loss) for the period to be appropriated | 9905 | -€103,254 | €28,154 | +€131,408 |
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 13 October 2026 via checked.be.