CYN Branding: 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.
CYN Branding
Largest movements
- Stocks and contracts +€94,284
up €94,284 (+581%), from €16,238 to €110,522
- Receivables within one year +€25,503
up €25,503 (+25.6%), from €99,772 to €125,274
of which Trade receivables: +€19,075
- Cash +€3,736
up €3,736 (+557,678%), from €1 to €3,737
mainly Trade debts (+€80,839) and Net result for the year (+€31,793)
- Trade debts +€80,839
up €80,839 (+75.1%), from €107,646 to €188,485
- Profit (loss) carried forward +€31,793
up €31,793, from -€2,400 to €29,393
- Tax, wage and social debts +€15,281
up €15,281 (+2,108%), from €725 to €16,006
- Other debts -€5,110
no longer reported in 2024 (was €5,110)
- Gross operating margin +€44,369
up €44,369, from -€1,174 to €43,195
- Taxes +€8,043
new in 2024: €8,043
- Financial charges +€1,926
up €1,926 (+245%), from €787 to €2,712
- Depreciation +€665
up €665 (+1,214%), from €55 to €720
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,116 | €240,919 | +€122,803 | +104% |
| Fixed assets | 21/28 | €2,105 | €1,385 | -€720 | -34.2% |
| Tangible fixed assets | 22/27 | €2,105 | €1,385 | -€720 | -34.2% |
| Plant, machinery and equipment | 23 | €2,105 | €1,385 | -€720 | -34.2% |
| Current assets | 29/58 | €116,011 | €239,534 | +€123,523 | +106% |
| Stocks and contracts in progress | 3 | €16,238 | €110,522 | +€94,284 | +581% |
| Stocks | 30/36 | €16,238 | €110,522 | +€94,284 | +581% |
| Amounts receivable within one year | 40/41 | €99,772 | €125,274 | +€25,503 | +25.6% |
| Trade receivables | 40 | €98,195 | €117,271 | +€19,075 | +19.4% |
| Other amounts receivable | 41 | €1,577 | €8,004 | +€6,427 | +408% |
| Cash at bank and in hand | 54/58 | €1 | €3,737 | +€3,736 | +557,678% |
| Total equity and liabilities | 10/49 | €118,116 | €240,919 | +€122,803 | +104% |
| Equity | 10/15 | €2,600 | €34,393 | +€31,793 | +1,223% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,400 | €29,393 | +€31,793 | |
| Amounts payable | 17/49 | €115,516 | €206,526 | +€91,010 | +78.8% |
| Amounts payable within one year | 42/48 | €113,481 | €204,491 | +€91,009 | +80.2% |
| Trade debts | 44 | €107,646 | €188,485 | +€80,839 | +75.1% |
| Suppliers | 440/4 | €107,646 | €188,485 | +€80,839 | +75.1% |
| Taxes, remuneration and social security | 45 | €725 | €16,006 | +€15,281 | +2,108% |
| Taxes | 450/3 | €725 | €16,006 | +€15,281 | +2,108% |
| Other amounts payable | 47/48 | €5,110 | - | -€5,110 | |
| Accrued charges and deferred income | 492/3 | €2,035 | €2,035 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55 | €720 | +€665 | +1,214% |
| Other operating charges | 640/8 | €384 | €170 | -€214 | -55.7% |
| Gross operating margin | 9900 | -€1,174 | €43,195 | +€44,369 | |
| Operating profit (loss) | 9901 | -€1,614 | €42,305 | +€43,918 | |
| Financial income | 75/76B | - | €243 | +€243 | |
| Recurring financial income | 75 | - | €243 | +€243 | |
| Financial charges | 65/66B | €787 | €2,712 | +€1,926 | +245% |
| Recurring financial charges | 65 | €787 | €2,712 | +€1,926 | +245% |
| Profit (loss) for the period before taxes | 9903 | -€2,400 | €39,836 | +€42,236 | |
| Income taxes | 67/77 | - | €8,043 | +€8,043 | |
| Profit (loss) for the period | 9904 | -€2,400 | €31,793 | +€34,193 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,400 | €31,793 | +€34,193 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.