CYMAR: 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.
What changed
CYMAR
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€25,044
2024 · €5,082+€19,962
Equity
€1.3m
2024 · €1.3m+€25,044
Cash
€598,490
2024 · €34,021+€564,470
Balance sheet total
€2.9m
2024 · €3.0m-€33,047
Largest movements
Assets
- Cash +€564,470
up €564,470 (+1,659%), from €34,021 to €598,490
mainly Current investments (+€548,000) and Depreciation (+€48,909)
- Current investments -€548,000
no longer reported in 2025 (was €548,000)
- Tangible fixed assets -€48,909
down €48,909 (-2.4%), from €2.0m to €2.0m
Equity and liabilities
- Debts after one year -€51,257
down €51,257 (-10.6%), from €485,563 to €434,306
of which Financial debts: -€45,557
Income statement
- Gross operating margin +€34,974
up €34,974 (+60.9%), from €57,408 to €92,382
- Taxes +€10,826
up €10,826 (+219%), from €4,945 to €15,771
- Financial income -€3,536
down €3,536 (-27.2%), from €13,007 to €9,471
- Other operating charges +€1,038
up €1,038 (+11.5%), from €8,985 to €10,023
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.
Result 2024
€5,082
Gross operating margin
+€34,974
Other operating charges
-€1,038
Financial income
-€3,536
Financial charges
+€387
Taxes
-€10,826
Result 2025
€25,044
raises the resultlowers the result
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.
From operations
+€67,209
Investment
+€548,000
Financing
-€50,739
Cash 2024
€34,021
From operations (derived)
+€67,209
Net result for the year
+€25,044
Depreciation
+€48,909
Receivables within one year
-€1,060
Deferred charges and accrued income
+€1,668
Provisions
-€3,948
Trade debts
-€3,110
Tax, wage and social debts
-€2,274
Accrued charges and deferred income
+€1,980
Investment (derived)
+€548,000
Current investments
+€548,000
Financing
-€50,739
Debts after one year
-€51,257
Current portion of long-term debt
+€518
Cash 2025
€598,490
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,970,612 | €2,937,565 | -€33,047 | -1.1% |
| Fixed assets | 21/28 | €2,384,758 | €2,335,850 | -€48,909 | -2.1% |
| Tangible fixed assets | 22/27 | €2,014,356 | €1,965,447 | -€48,909 | -2.4% |
| Land and buildings | 22 | €2,014,356 | €1,965,447 | -€48,909 | -2.4% |
| Financial fixed assets | 28 | €370,402 | €370,402 | = | 0.0% |
| Current assets | 29/58 | €585,854 | €601,715 | +€15,861 | +2.7% |
| Amounts receivable within one year | 40/41 | €2,165 | €3,225 | +€1,060 | +49.0% |
| Trade receivables | 40 | €2,165 | €3,225 | +€1,060 | +49.0% |
| Current investments | 50/53 | €548,000 | - | -€548,000 | |
| Cash at bank and in hand | 54/58 | €34,021 | €598,490 | +€564,470 | +1,659% |
| Deferred charges and accrued income | 490/1 | €1,668 | - | -€1,668 | |
| Total equity and liabilities | 10/49 | €2,970,612 | €2,937,565 | -€33,047 | -1.1% |
| Equity | 10/15 | €1,322,586 | €1,347,630 | +€25,044 | +1.9% |
| Contributions | 10/11 | €245,000 | €245,000 | = | 0.0% |
| Capital | 10 | €245,000 | €245,000 | = | 0.0% |
| Issued capital | 100 | €245,000 | €245,000 | = | 0.0% |
| Reserves | 13 | €1,077,586 | €1,102,630 | +€25,044 | +2.3% |
| Non-distributable reserves | 130/1 | €24,500 | €24,500 | = | 0.0% |
| Legal reserve | 130 | €24,500 | €24,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €569,388 | €557,545 | -€11,843 | -2.1% |
| Distributable reserves | 133 | €483,699 | €520,585 | +€36,886 | +7.6% |
| Provisions and deferred taxes | 16 | €189,796 | €185,848 | -€3,948 | -2.1% |
| Deferred taxes | 168 | €189,796 | €185,848 | -€3,948 | -2.1% |
| Amounts payable | 17/49 | €1,458,230 | €1,404,086 | -€54,143 | -3.7% |
| Amounts payable after more than one year | 17 | €485,563 | €434,306 | -€51,257 | -10.6% |
| Financial debts | 170/4 | €479,863 | €434,306 | -€45,557 | -9.5% |
| Other amounts payable | 178/9 | €5,700 | - | -€5,700 | |
| Amounts payable within one year | 42/48 | €970,707 | €965,840 | -€4,866 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €45,039 | €45,557 | +€518 | +1.1% |
| Trade debts | 44 | €4,343 | €1,234 | -€3,110 | -71.6% |
| Suppliers | 440/4 | €4,343 | €1,234 | -€3,110 | -71.6% |
| Taxes, remuneration and social security | 45 | €10,501 | €8,226 | -€2,274 | -21.7% |
| Taxes | 450/3 | €3,839 | €8,226 | +€4,387 | +114% |
| Remuneration and social security | 454/9 | €6,662 | - | -€6,662 | |
| Other amounts payable | 47/48 | €910,823 | €910,823 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,960 | €3,940 | +€1,980 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,909 | €48,909 | = | 0.0% |
| Other operating charges | 640/8 | €8,985 | €10,023 | +€1,038 | +11.5% |
| Gross operating margin | 9900 | €57,408 | €92,382 | +€34,974 | +60.9% |
| Operating profit (loss) | 9901 | -€486 | €33,451 | +€33,937 | |
| Financial income | 75/76B | €13,007 | €9,471 | -€3,536 | -27.2% |
| Recurring financial income | 75 | €13,007 | €9,471 | -€3,536 | -27.2% |
| Financial charges | 65/66B | €6,442 | €6,055 | -€387 | -6.0% |
| Recurring financial charges | 65 | €6,442 | €6,055 | -€387 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €6,079 | €36,867 | +€30,788 | +506% |
| Transfer from deferred taxes | 780 | €3,948 | €3,948 | = | 0.0% |
| Income taxes | 67/77 | €4,945 | €15,771 | +€10,826 | +219% |
| Profit (loss) for the period | 9904 | €5,082 | €25,044 | +€19,962 | +393% |
| Transfer from tax-exempt reserves | 789 | €11,843 | €11,843 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,925 | €36,886 | +€19,962 | +118% |
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 22 October 2026 via checked.be.