CYNAL: 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.
CYNAL
Largest movements
- Cash -€20,340
down €20,340 (-59.5%), from €34,157 to €13,816
mainly Trade debts (-€21,653) and Receivables within one year (-€5,071)
- Receivables within one year +€5,071
up €5,071 (+6.3%), from €80,678 to €85,749
of which Other amounts receivable: +€5,071
- Tangible fixed assets -€3,211
down €3,211 (-38.6%), from €8,314 to €5,103
- Trade debts -€21,653
down €21,653 (-67.9%), from €31,882 to €10,229
- Profit (loss) carried forward +€5,994
up €5,994 (+39.1%), from €15,327 to €21,321
- Tax, wage and social debts -€4,370
down €4,370 (-43.6%), from €10,015 to €5,645
- Gross operating margin +€9,892
up €9,892, from -€2,837 to €7,055
- Taxes +€1,755
new in 2024: €1,755
- Depreciation -€964
down €964 (-23.1%), from €4,174 to €3,211
- Financial charges +€343
up €343 (+79.6%), from €431 to €773
- Financial income +€105
up €105 (+2.3%), from €4,573 to €4,678
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 | €123,361 | €104,881 | -€18,480 | -15.0% |
| Fixed assets | 21/28 | €8,526 | €5,316 | -€3,211 | -37.7% |
| Tangible fixed assets | 22/27 | €8,314 | €5,103 | -€3,211 | -38.6% |
| Furniture and vehicles | 24 | €8,314 | €5,103 | -€3,211 | -38.6% |
| Financial fixed assets | 28 | €212 | €212 | = | 0.0% |
| Current assets | 29/58 | €114,834 | €99,565 | -€15,269 | -13.3% |
| Amounts receivable within one year | 40/41 | €80,678 | €85,749 | +€5,071 | +6.3% |
| Trade receivables | 40 | €2,712 | €2,712 | = | 0.0% |
| Other amounts receivable | 41 | €77,966 | €83,038 | +€5,071 | +6.5% |
| Cash at bank and in hand | 54/58 | €34,157 | €13,816 | -€20,340 | -59.5% |
| Total equity and liabilities | 10/49 | €123,361 | €104,881 | -€18,480 | -15.0% |
| Equity | 10/15 | €71,147 | €77,141 | +€5,994 | +8.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €35,821 | €35,821 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,821 | €35,821 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €33,821 | €33,821 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,327 | €21,321 | +€5,994 | +39.1% |
| Amounts payable | 17/49 | €52,213 | €27,740 | -€24,474 | -46.9% |
| Amounts payable within one year | 42/48 | €51,225 | €26,252 | -€24,974 | -48.8% |
| Trade debts | 44 | €31,882 | €10,229 | -€21,653 | -67.9% |
| Suppliers | 440/4 | €31,882 | €10,229 | -€21,653 | -67.9% |
| Taxes, remuneration and social security | 45 | €10,015 | €5,645 | -€4,370 | -43.6% |
| Taxes | 450/3 | €10,015 | €5,645 | -€4,370 | -43.6% |
| Other amounts payable | 47/48 | €9,328 | €10,378 | +€1,049 | +11.2% |
| Accrued charges and deferred income | 492/3 | €988 | €1,488 | +€500 | +50.6% |
| Non-recurring operating income | 76A | €539 | - | -€539 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,174 | €3,211 | -€964 | -23.1% |
| Gross operating margin | 9900 | -€2,837 | €7,055 | +€9,892 | |
| Operating profit (loss) | 9901 | -€7,011 | €3,844 | +€10,855 | |
| Financial income | 75/76B | €4,573 | €4,678 | +€105 | +2.3% |
| Recurring financial income | 75 | €4,573 | €4,678 | +€105 | +2.3% |
| Financial charges | 65/66B | €431 | €773 | +€343 | +79.6% |
| Recurring financial charges | 65 | €431 | €773 | +€343 | +79.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,868 | €7,749 | +€10,618 | |
| Income taxes | 67/77 | - | €1,755 | +€1,755 | |
| Profit (loss) for the period | 9904 | -€2,868 | €5,994 | +€8,862 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,868 | €5,994 | +€8,862 |
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 13 October 2026 via checked.be.