CYLON: 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.
CYLON
Largest movements
- Cash -€37,751
down €37,751 (-29.1%), from €129,747 to €91,996
mainly Contributions, distributions and other (-€37,158) and Other debts (-€33,892)
- Receivables within one year +€25,075
up €25,075 (+314.9%), from €7,963 to €33,039
of which Trade receivables: +€23,037
- Tangible fixed assets -€12,957
down €12,957 (-31.5%), from €41,081 to €28,124
- Other debts -€33,892
down €33,892 (-100.0%), from €33,892 to €0
- Trade debts +€7,229
up €7,229 (+713.2%), from €1,014 to €8,242
- Current portion of long-term debt -€7,027
down €7,027 (-91.6%), from €7,672 to €645
- Reserves +€6,269
up €6,269 (+5.2%), from €119,698 to €125,967
- Tax, wage and social debts +€2,842
up €2,842 (+29.9%), from €9,515 to €12,357
- Gross operating margin +€12,655
up €12,655 (+18.2%), from €69,419 to €82,074
- Taxes +€3,267
up €3,267 (+24.8%), from €13,186 to €16,453
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 | €184,842 | €159,618 | -€25,224 | -13.6% |
| Fixed assets | 21/28 | €41,081 | €28,124 | -€12,957 | -31.5% |
| Tangible fixed assets | 22/27 | €41,081 | €28,124 | -€12,957 | -31.5% |
| Furniture and vehicles | 24 | €41,081 | €28,124 | -€12,957 | -31.5% |
| Current assets | 29/58 | €143,761 | €131,495 | -€12,267 | -8.5% |
| Amounts receivable within one year | 40/41 | €7,963 | €33,039 | +€25,075 | +314.9% |
| Trade receivables | 40 | €7,963 | €31,000 | +€23,037 | +289.3% |
| Other amounts receivable | 41 | - | €2,039 | +€2,039 | |
| Cash at bank and in hand | 54/58 | €129,747 | €91,996 | -€37,751 | -29.1% |
| Deferred charges and accrued income | 490/1 | €6,051 | €6,460 | +€409 | +6.8% |
| Total equity and liabilities | 10/49 | €184,842 | €159,618 | -€25,224 | -13.6% |
| Equity | 10/15 | €132,106 | €138,374 | +€6,269 | +4.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €119,698 | €125,967 | +€6,269 | +5.2% |
| Distributable reserves | 133 | €119,698 | €125,967 | +€6,269 | +5.2% |
| Profit (loss) carried forward | 14 | €8 | €8 | = | 0.0% |
| Amounts payable | 17/49 | €52,737 | €21,244 | -€31,493 | -59.7% |
| Amounts payable after more than one year | 17 | €645 | €0 | -€645 | -100.0% |
| Financial debts | 170/4 | €645 | €0 | -€645 | -100.0% |
| Amounts payable within one year | 42/48 | €52,092 | €21,244 | -€30,848 | -59.2% |
| Current portion of amounts payable after more than one year | 42 | €7,672 | €645 | -€7,027 | -91.6% |
| Trade debts | 44 | €1,014 | €8,242 | +€7,229 | +713.2% |
| Suppliers | 440/4 | €1,014 | €8,242 | +€7,229 | +713.2% |
| Taxes, remuneration and social security | 45 | €9,515 | €12,357 | +€2,842 | +29.9% |
| Taxes | 450/3 | €9,515 | €12,357 | +€2,842 | +29.9% |
| Other amounts payable | 47/48 | €33,892 | €0 | -€33,892 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,927 | €21,291 | +€364 | +1.7% |
| Other operating charges | 640/8 | €681 | €656 | -€25 | -3.7% |
| Gross operating margin | 9900 | €69,419 | €82,074 | +€12,655 | +18.2% |
| Operating profit (loss) | 9901 | €47,811 | €60,127 | +€12,316 | +25.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €362 | €248 | -€114 | -31.5% |
| Recurring financial charges | 65 | €362 | €248 | -€114 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €47,449 | €59,879 | +€12,430 | +26.2% |
| Income taxes | 67/77 | €13,186 | €16,453 | +€3,267 | +24.8% |
| Profit (loss) for the period | 9904 | €34,264 | €43,426 | +€9,163 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,264 | €43,426 | +€9,163 | +26.7% |
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 6 October 2026 via checked.be.