Cylon Engineering & Management: 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.
Cylon Engineering & Management
Largest movements
- Cash +€68,153
up €68,153 (+34.7%), from €196,432 to €264,585
mainly Other debts (+€236,138) and Net result for the year (+€63,585)
- Receivables within one year +€28,716
up €28,716 (+2267.2%), from €1,267 to €29,982
of which Trade receivables: +€25,282
- Tangible fixed assets +€7,135
up €7,135 (+335.6%), from €2,126 to €9,261
of which Other tangible fixed assets: +€5,717
- Other debts +€236,138
up €236,138 (+1940.9%), from €12,166 to €248,304
- Profit (loss) carried forward -€180,206
no longer reported in 2025 (was €180,206)
- Tax, wage and social debts +€40,076
up €40,076 (+387.0%), from €10,355 to €50,431
- Trade debts +€7,996
up €7,996 (+728.6%), from €1,097 to €9,093
- Gross operating margin -€6,670
down €6,670 (-7.3%), from €91,987 to €85,317
- Taxes -€2,166
down €2,166 (-11.6%), from €18,733 to €16,568
- Depreciation +€1,034
up €1,034 (+89.5%), from €1,155 to €2,189
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 | €208,825 | €312,828 | +€104,003 | +49.8% |
| Fixed assets | 21/28 | €11,126 | €18,261 | +€7,135 | +64.1% |
| Intangible fixed assets | 21 | €9,000 | €9,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,126 | €9,261 | +€7,135 | +335.6% |
| Furniture and vehicles | 24 | - | €1,418 | +€1,418 | |
| Other tangible fixed assets | 26 | €2,126 | €7,843 | +€5,717 | +268.9% |
| Current assets | 29/58 | €197,699 | €294,567 | +€96,868 | +49.0% |
| Amounts receivable within one year | 40/41 | €1,267 | €29,982 | +€28,716 | +2267.2% |
| Trade receivables | 40 | - | €25,282 | +€25,282 | |
| Other amounts receivable | 41 | €1,267 | €4,700 | +€3,434 | +271.1% |
| Cash at bank and in hand | 54/58 | €196,432 | €264,585 | +€68,153 | +34.7% |
| Total equity and liabilities | 10/49 | €208,825 | €312,828 | +€104,003 | +49.8% |
| Equity | 10/15 | €185,206 | €5,000 | -€180,206 | -97.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,206 | - | -€180,206 | |
| Amounts payable | 17/49 | €23,619 | €307,828 | +€284,209 | +1203.3% |
| Amounts payable within one year | 42/48 | €23,619 | €307,828 | +€284,209 | +1203.3% |
| Trade debts | 44 | €1,097 | €9,093 | +€7,996 | +728.6% |
| Suppliers | 440/4 | €1,097 | €9,093 | +€7,996 | +728.6% |
| Taxes, remuneration and social security | 45 | €10,355 | €50,431 | +€40,076 | +387.0% |
| Taxes | 450/3 | €10,355 | €50,431 | +€40,076 | +387.0% |
| Other amounts payable | 47/48 | €12,166 | €248,304 | +€236,138 | +1940.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,155 | €2,189 | +€1,034 | +89.5% |
| Other operating charges | 640/8 | €2,161 | €1,949 | -€213 | -9.8% |
| Gross operating margin | 9900 | €91,987 | €85,317 | -€6,670 | -7.3% |
| Operating profit (loss) | 9901 | €88,671 | €81,179 | -€7,492 | -8.4% |
| Financial charges | 65/66B | €540 | €1,026 | +€486 | +90.0% |
| Recurring financial charges | 65 | €540 | €1,026 | +€486 | +90.0% |
| Profit (loss) for the period before taxes | 9903 | €88,131 | €80,153 | -€7,978 | -9.1% |
| Income taxes | 67/77 | €18,733 | €16,568 | -€2,166 | -11.6% |
| Profit (loss) for the period | 9904 | €69,397 | €63,585 | -€5,812 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,397 | €63,585 | -€5,812 | -8.4% |
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 9 October 2026 via checked.be.