CYMACO: 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.
CYMACO
Largest movements
- Tangible fixed assets +€186,816
up €186,816 (+20.8%), from €900,286 to €1.1m
of which Plant, machinery and equipment: +€240,173
- Cash -€175,544
down €175,544 (-21.9%), from €802,720 to €627,176
mainly Contributions, distributions and other (-€1.0m) and Investment in fixed assets (net) (-€408,403)
- Receivables within one year -€40,184
down €40,184 (-6.5%), from €619,178 to €578,995
of which Trade receivables: -€72,841
- Reserves -€1.0m
down €1.0m (-80.0%), from €1.3m to €256,073
of which Distributable reserves: -€1.0m
- Other debts +€933,078
up €933,078 (+1408.3%), from €66,255 to €999,333
- Profit (loss) carried forward +€180,823
up €180,823 (+45.5%), from €397,584 to €578,406
- Trade debts -€62,192
down €62,192 (-21.1%), from €294,699 to €232,506
- Tax, wage and social debts -€57,809
down €57,809 (-28.2%), from €205,176 to €147,368
of which Remuneration and social security: -€37,362
- Staff costs +€165,920
up €165,920 (+7.1%), from €2.3m to €2.5m
- Depreciation +€62,253
up €62,253 (+39.1%), from €159,333 to €221,586
- Taxes -€58,948
down €58,948 (-48.6%), from €121,399 to €62,450
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 | €2,342,274 | €2,315,594 | -€26,680 | -1.1% |
| Fixed assets | 21/28 | €918,342 | €1,105,158 | +€186,816 | +20.3% |
| Tangible fixed assets | 22/27 | €900,286 | €1,087,103 | +€186,816 | +20.8% |
| Plant, machinery and equipment | 23 | €624,985 | €865,158 | +€240,173 | +38.4% |
| Furniture and vehicles | 24 | €275,302 | €221,945 | -€53,357 | -19.4% |
| Financial fixed assets | 28 | €18,056 | €18,056 | = | 0.0% |
| Current assets | 29/58 | €1,423,932 | €1,210,436 | -€213,496 | -15.0% |
| Amounts receivable within one year | 40/41 | €619,178 | €578,995 | -€40,184 | -6.5% |
| Trade receivables | 40 | €561,171 | €488,330 | -€72,841 | -13.0% |
| Other amounts receivable | 41 | €58,008 | €90,665 | +€32,657 | +56.3% |
| Cash at bank and in hand | 54/58 | €802,720 | €627,176 | -€175,544 | -21.9% |
| Deferred charges and accrued income | 490/1 | €2,033 | €4,265 | +€2,232 | +109.8% |
| Total equity and liabilities | 10/49 | €2,342,274 | €2,315,594 | -€26,680 | -1.1% |
| Equity | 10/15 | €1,776,144 | €933,637 | -€842,507 | -47.4% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €1,279,403 | €256,073 | -€1.0m | -80.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,831 | €9,831 | = | 0.0% |
| Distributable reserves | 133 | €1,259,656 | €236,326 | -€1.0m | -81.2% |
| Profit (loss) carried forward | 14 | €397,584 | €578,406 | +€180,823 | +45.5% |
| Amounts payable | 17/49 | €566,130 | €1,381,957 | +€815,828 | +144.1% |
| Amounts payable within one year | 42/48 | €566,130 | €1,379,207 | +€813,077 | +143.6% |
| Trade debts | 44 | €294,699 | €232,506 | -€62,192 | -21.1% |
| Suppliers | 440/4 | €294,699 | €232,506 | -€62,192 | -21.1% |
| Taxes, remuneration and social security | 45 | €205,176 | €147,368 | -€57,809 | -28.2% |
| Taxes | 450/3 | €23,578 | €3,131 | -€20,447 | -86.7% |
| Remuneration and social security | 454/9 | €181,598 | €144,237 | -€37,362 | -20.6% |
| Other amounts payable | 47/48 | €66,255 | €999,333 | +€933,078 | +1408.3% |
| Accrued charges and deferred income | 492/3 | €0 | €2,751 | +€2,751 | |
| Non-recurring operating income | 76A | €0 | €12,000 | +€12,000 | |
| Remuneration, social security and pensions | 62 | €2,332,433 | €2,498,353 | +€165,920 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,333 | €221,586 | +€62,253 | +39.1% |
| Other operating charges | 640/8 | €19,947 | €20,385 | +€439 | +2.2% |
| Gross operating margin | 9900 | €2,977,330 | €2,986,563 | +€9,233 | +0.3% |
| Operating profit (loss) | 9901 | €465,617 | €246,238 | -€219,378 | -47.1% |
| Financial income | 75/76B | €5,783 | €3,425 | -€2,358 | -40.8% |
| Recurring financial income | 75 | €5,783 | €3,425 | -€2,358 | -40.8% |
| Financial charges | 65/66B | €5,431 | €6,390 | +€959 | +17.7% |
| Recurring financial charges | 65 | €5,431 | €6,390 | +€959 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €465,968 | €243,273 | -€222,695 | -47.8% |
| Income taxes | 67/77 | €121,399 | €62,450 | -€58,948 | -48.6% |
| Profit (loss) for the period | 9904 | €344,570 | €180,823 | -€163,747 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €344,570 | €180,823 | -€163,747 | -47.5% |
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 3 October 2026 via checked.be.