CYKLAB 2.0: 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 2.0
Largest movements
- Stocks and contracts +€160,889
up €160,889 (+35.1%), from €458,459 to €619,348
- Receivables within one year -€73,582
down €73,582 (-9.2%), from €798,241 to €724,659
of which Other amounts receivable: -€267,435
- Intangible fixed assets -€20,000
down €20,000 (-23.6%), from €84,809 to €64,809
- Tangible fixed assets -€18,858
down €18,858 (-36.2%), from €52,077 to €33,219
of which Furniture and vehicles: -€14,664
- Other debts -€313,991
down €313,991 (-97.0%), from €323,684 to €9,694
- Contributions +€200,000
up €200,000 (+200,000%), from €100 to €200,100
- Current portion of long-term debt +€174,650
up €174,650 (+99.9%), from €174,890 to €349,540
- Trade debts -€168,094
down €168,094 (-80.7%), from €208,369 to €40,274
- Debts after one year +€135,864
up €135,864 (+51.4%), from €264,510 to €400,373
- Financial income -€286,321
down €286,321 (-99.5%), from €287,683 to €1,362
- Other operating charges -€270,027
down €270,027 (-92.4%), from €292,134 to €22,108
- Gross operating margin +€135,247
up €135,247 (+19.5%), from €692,855 to €828,102
- Staff costs +€45,747
up €45,747 (+8.6%), from €530,360 to €576,107
- Financial charges +€26,916
up €26,916 (+62.3%), from €43,193 to €70,108
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 | €1,753,639 | €1,799,100 | +€45,461 | +2.6% |
| Fixed assets | 21/28 | €482,656 | €440,027 | -€42,628 | -8.8% |
| Intangible fixed assets | 21 | €84,809 | €64,809 | -€20,000 | -23.6% |
| Tangible fixed assets | 22/27 | €52,077 | €33,219 | -€18,858 | -36.2% |
| Plant, machinery and equipment | 23 | €21,195 | €17,001 | -€4,194 | -19.8% |
| Furniture and vehicles | 24 | €30,882 | €16,218 | -€14,664 | -47.5% |
| Financial fixed assets | 28 | €345,770 | €342,000 | -€3,770 | -1.1% |
| Current assets | 29/58 | €1,270,984 | €1,359,073 | +€88,089 | +6.9% |
| Stocks and contracts in progress | 3 | €458,459 | €619,348 | +€160,889 | +35.1% |
| Stocks | 30/36 | €458,459 | €619,348 | +€160,889 | +35.1% |
| Amounts receivable within one year | 40/41 | €798,241 | €724,659 | -€73,582 | -9.2% |
| Trade receivables | 40 | €451,392 | €645,245 | +€193,853 | +42.9% |
| Other amounts receivable | 41 | €346,849 | €79,414 | -€267,435 | -77.1% |
| Cash at bank and in hand | 54/58 | €2,777 | €1,301 | -€1,475 | -53.1% |
| Deferred charges and accrued income | 490/1 | €11,507 | €13,764 | +€2,258 | +19.6% |
| Total equity and liabilities | 10/49 | €1,753,639 | €1,799,100 | +€45,461 | +2.6% |
| Equity | 10/15 | €454,306 | €775,584 | +€321,278 | +70.7% |
| Contributions | 10/11 | €100 | €200,100 | +€200,000 | +200,000% |
| Reserves | 13 | €454,206 | €575,484 | +€121,278 | +26.7% |
| Distributable reserves | 133 | €454,206 | €575,484 | +€121,278 | +26.7% |
| Amounts payable | 17/49 | €1,299,333 | €1,023,516 | -€275,817 | -21.2% |
| Amounts payable after more than one year | 17 | €264,510 | €400,373 | +€135,864 | +51.4% |
| Financial debts | 170/4 | €264,510 | €400,373 | +€135,864 | +51.4% |
| Amounts payable within one year | 42/48 | €1,034,823 | €623,142 | -€411,681 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €174,890 | €349,540 | +€174,650 | +99.9% |
| Financial debts | 43 | €165,186 | €92,238 | -€72,948 | -44.2% |
| Credit institutions | 430/8 | €165,186 | €92,238 | -€72,948 | -44.2% |
| Trade debts | 44 | €208,369 | €40,274 | -€168,094 | -80.7% |
| Suppliers | 440/4 | €208,369 | €40,274 | -€168,094 | -80.7% |
| Taxes, remuneration and social security | 45 | €162,694 | €131,397 | -€31,297 | -19.2% |
| Taxes | 450/3 | €69,889 | €73,750 | +€3,861 | +5.5% |
| Remuneration and social security | 454/9 | €92,806 | €57,648 | -€35,158 | -37.9% |
| Other amounts payable | 47/48 | €323,684 | €9,694 | -€313,991 | -97.0% |
| Remuneration, social security and pensions | 62 | €530,360 | €576,107 | +€45,747 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,654 | €38,858 | +€5,204 | +15.5% |
| Other operating charges | 640/8 | €292,134 | €22,108 | -€270,027 | -92.4% |
| Gross operating margin | 9900 | €692,855 | €828,102 | +€135,247 | +19.5% |
| Operating profit (loss) | 9901 | -€163,294 | €191,029 | +€354,323 | |
| Financial income | 75/76B | €287,683 | €1,362 | -€286,321 | -99.5% |
| Recurring financial income | 75 | €287,683 | €1,362 | -€286,321 | -99.5% |
| Financial charges | 65/66B | €43,193 | €70,108 | +€26,916 | +62.3% |
| Recurring financial charges | 65 | €43,193 | €70,108 | +€26,916 | +62.3% |
| Profit (loss) for the period before taxes | 9903 | €81,197 | €122,282 | +€41,086 | +50.6% |
| Income taxes | 67/77 | €971 | €1,004 | +€33 | +3.4% |
| Profit (loss) for the period | 9904 | €80,225 | €121,278 | +€41,053 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,225 | €121,278 | +€41,053 | +51.2% |
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 18 October 2026 via checked.be.