Cyklab: 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.
Cyklab
Largest movements
- Receivables within one year -€27,900
down €27,900 (-8.4%), from €330,394 to €302,494
of which Other amounts receivable: -€27,824
- Tangible fixed assets -€23,582
down €23,582 (-11.7%), from €201,003 to €177,421
of which Land and buildings: -€27,774
- Tax, wage and social debts -€84,364
down €84,364 (-77.7%), from €108,589 to €24,225
of which Taxes: -€81,294
- Other debts +€44,117
up €44,117 (+114%), from €38,581 to €82,698
- Trade debts -€15,611
down €15,611 (-94.2%), from €16,579 to €968
- Debts after one year -€13,001
down €13,001 (-9.2%), from €141,446 to €128,445
- Short-term financial debts +€11,851
up €11,851 (+46.8%), from €25,341 to €37,192
- Gross operating margin +€20,367
up €20,367 (+39.4%), from €51,705 to €72,072
- Financial charges +€5,201
up €5,201 (+49.9%), from €10,412 to €15,613
- Taxes +€5,134
up €5,134 (+169%), from €3,033 to €8,166
- Other operating charges -€965
down €965 (-10.9%), from €8,856 to €7,891
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 | €534,441 | €480,926 | -€53,514 | -10.0% |
| Fixed assets | 21/28 | €202,069 | €177,837 | -€24,232 | -12.0% |
| Intangible fixed assets | 21 | €946 | €416 | -€530 | -56.0% |
| Tangible fixed assets | 22/27 | €201,003 | €177,421 | -€23,582 | -11.7% |
| Land and buildings | 22 | €196,317 | €168,542 | -€27,774 | -14.1% |
| Plant, machinery and equipment | 23 | €3,837 | €2,712 | -€1,124 | -29.3% |
| Furniture and vehicles | 24 | - | €5,518 | +€5,518 | |
| Leasing and similar rights | 25 | €850 | €649 | -€201 | -23.7% |
| Financial fixed assets | 28 | €120 | - | -€120 | |
| Current assets | 29/58 | €332,371 | €303,089 | -€29,282 | -8.8% |
| Amounts receivable within one year | 40/41 | €330,394 | €302,494 | -€27,900 | -8.4% |
| Trade receivables | 40 | €9,576 | €9,500 | -€76 | -0.8% |
| Other amounts receivable | 41 | €320,818 | €292,994 | -€27,824 | -8.7% |
| Cash at bank and in hand | 54/58 | - | €223 | +€223 | |
| Deferred charges and accrued income | 490/1 | €1,977 | €372 | -€1,605 | -81.2% |
| Total equity and liabilities | 10/49 | €534,441 | €480,926 | -€53,514 | -10.0% |
| Equity | 10/15 | €183,764 | €194,397 | +€10,633 | +5.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €177,564 | €188,197 | +€10,633 | +6.0% |
| Distributable reserves | 133 | €177,564 | €188,197 | +€10,633 | +6.0% |
| Amounts payable | 17/49 | €350,677 | €286,529 | -€64,147 | -18.3% |
| Amounts payable after more than one year | 17 | €141,446 | €128,445 | -€13,001 | -9.2% |
| Financial debts | 170/4 | €141,446 | €128,445 | -€13,001 | -9.2% |
| Amounts payable within one year | 42/48 | €209,231 | €158,084 | -€51,146 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €20,140 | €13,001 | -€7,139 | -35.4% |
| Financial debts | 43 | €25,341 | €37,192 | +€11,851 | +46.8% |
| Credit institutions | 430/8 | €25,341 | €37,192 | +€11,851 | +46.8% |
| Trade debts | 44 | €16,579 | €968 | -€15,611 | -94.2% |
| Suppliers | 440/4 | €16,579 | €968 | -€15,611 | -94.2% |
| Taxes, remuneration and social security | 45 | €108,589 | €24,225 | -€84,364 | -77.7% |
| Taxes | 450/3 | €105,519 | €24,225 | -€81,294 | -77.0% |
| Remuneration and social security | 454/9 | €3,070 | - | -€3,070 | |
| Other amounts payable | 47/48 | €38,581 | €82,698 | +€44,117 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,264 | €29,920 | +€657 | +2.2% |
| Other operating charges | 640/8 | €8,856 | €7,891 | -€965 | -10.9% |
| Gross operating margin | 9900 | €51,705 | €72,072 | +€20,367 | +39.4% |
| Operating profit (loss) | 9901 | €13,586 | €34,260 | +€20,674 | +152% |
| Financial income | 75/76B | €0 | €152 | +€151 | +189,363% |
| Recurring financial income | 75 | €0 | €152 | +€151 | +189,363% |
| Financial charges | 65/66B | €10,412 | €15,613 | +€5,201 | +49.9% |
| Recurring financial charges | 65 | €10,412 | €15,613 | +€5,201 | +49.9% |
| Profit (loss) for the period before taxes | 9903 | €3,174 | €18,799 | +€15,625 | +492% |
| Income taxes | 67/77 | €3,033 | €8,166 | +€5,134 | +169% |
| Profit (loss) for the period | 9904 | €141 | €10,633 | +€10,491 | +7,421% |
| Profit (loss) for the period to be appropriated | 9905 | €141 | €10,633 | +€10,491 | +7,421% |
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.