Cynah: 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.
Cynah
Largest movements
- Receivables within one year +€29,608
new in 2025: €29,608
- Cash -€23,710
down €23,710 (-54.3%), from €43,679 to €19,969
mainly Receivables within one year (-€29,608) and Other debts (-€8,870)
- Profit (loss) carried forward +€14,002
up €14,002 (+65.7%), from €21,320 to €35,322
- Other debts -€8,870
down €8,870 (-100%), from €8,870 to €0
- Trade debts +€1,420
up €1,420 (+470%), from €302 to €1,722
- Tax, wage and social debts -€796
down €796 (-7.7%), from €10,329 to €9,533
- Gross operating margin -€9,689
down €9,689 (-32.0%), from €30,265 to €20,576
- Taxes -€2,186
down €2,186 (-37.3%), from €5,859 to €3,674
- Financial charges +€1,002
up €1,002 (+45.6%), from €2,199 to €3,202
- Depreciation -€772
down €772 (-84.5%), from €914 to €142
- Financial income +€415
up €415 (+1,445%), from €29 to €443
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,821 | €49,577 | +€5,756 | +13.1% |
| Formation expenses | 20 | €142 | €0 | -€142 | -100% |
| Current assets | 29/58 | €43,679 | €49,577 | +€5,898 | +13.5% |
| Amounts receivable within one year | 40/41 | - | €29,608 | +€29,608 | |
| Other amounts receivable | 41 | - | €29,608 | +€29,608 | |
| Cash at bank and in hand | 54/58 | €43,679 | €19,969 | -€23,710 | -54.3% |
| Total equity and liabilities | 10/49 | €43,821 | €49,577 | +€5,756 | +13.1% |
| Equity | 10/15 | €24,320 | €38,322 | +€14,002 | +57.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,320 | €35,322 | +€14,002 | +65.7% |
| Amounts payable | 17/49 | €19,501 | €11,255 | -€8,246 | -42.3% |
| Amounts payable within one year | 42/48 | €19,501 | €11,255 | -€8,246 | -42.3% |
| Trade debts | 44 | €302 | €1,722 | +€1,420 | +470% |
| Suppliers | 440/4 | €302 | €1,722 | +€1,420 | +470% |
| Taxes, remuneration and social security | 45 | €10,329 | €9,533 | -€796 | -7.7% |
| Taxes | 450/3 | €10,329 | €9,533 | -€796 | -7.7% |
| Other amounts payable | 47/48 | €8,870 | €0 | -€8,870 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €914 | €142 | -€772 | -84.5% |
| Gross operating margin | 9900 | €30,265 | €20,576 | -€9,689 | -32.0% |
| Operating profit (loss) | 9901 | €29,350 | €20,434 | -€8,916 | -30.4% |
| Financial income | 75/76B | €29 | €443 | +€415 | +1,445% |
| Recurring financial income | 75 | €29 | €443 | +€415 | +1,445% |
| Financial charges | 65/66B | €2,199 | €3,202 | +€1,002 | +45.6% |
| Recurring financial charges | 65 | €2,199 | €3,202 | +€1,002 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €27,180 | €17,676 | -€9,504 | -35.0% |
| Income taxes | 67/77 | €5,859 | €3,674 | -€2,186 | -37.3% |
| Profit (loss) for the period | 9904 | €21,320 | €14,002 | -€7,318 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,320 | €14,002 | -€7,318 | -34.3% |
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 17 October 2026 via checked.be.