CYNDEV: 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.
CYNDEV
Largest movements
- Stocks and contracts -€4,139
down €4,139 (-56.2%), from €7,368 to €3,229
- Tangible fixed assets +€3,137
up €3,137 (+15.3%), from €20,493 to €23,630
of which Other tangible fixed assets: +€2,698
- Cash -€2,530
down €2,530 (-56.2%), from €4,503 to €1,973
mainly Contributions, distributions and other (-€8,600) and Trade debts (-€5,995)
- Receivables within one year +€1,205
up €1,205 (+386.2%), from €312 to €1,518
of which Other amounts receivable: +€1,518
- Trade debts -€5,995
down €5,995 (-76.9%), from €7,791 to €1,796
- Other debts -€5,065
down €5,065 (-26.0%), from €19,500 to €14,435
- Reserves +€4,749
up €4,749 (+235.4%), from €2,018 to €6,767
- Tax, wage and social debts +€3,728
up €3,728 (+263.6%), from €1,414 to €5,142
- Gross operating margin +€11,940
up €11,940 (+169.7%), from €7,036 to €18,976
- Taxes +€2,986
up €2,986 (+597.2%), from €500 to €3,486
- Depreciation -€2,746
down €2,746 (-74.1%), from €3,707 to €961
- Financial charges +€224
up €224 (+448.4%), from €50 to €274
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 | €34,014 | €31,637 | -€2,376 | -7.0% |
| Fixed assets | 21/28 | €20,493 | €23,630 | +€3,137 | +15.3% |
| Tangible fixed assets | 22/27 | €20,493 | €23,630 | +€3,137 | +15.3% |
| Plant, machinery and equipment | 23 | €962 | €1,401 | +€439 | +45.7% |
| Furniture and vehicles | 24 | €19,531 | €19,531 | = | 0.0% |
| Other tangible fixed assets | 26 | - | €2,698 | +€2,698 | |
| Current assets | 29/58 | €13,521 | €8,008 | -€5,513 | -40.8% |
| Stocks and contracts in progress | 3 | €7,368 | €3,229 | -€4,139 | -56.2% |
| Stocks | 30/36 | €7,368 | €3,229 | -€4,139 | -56.2% |
| Amounts receivable within one year | 40/41 | €312 | €1,518 | +€1,205 | +386.2% |
| Trade receivables | 40 | €312 | - | -€312 | |
| Other amounts receivable | 41 | - | €1,518 | +€1,518 | |
| Cash at bank and in hand | 54/58 | €4,503 | €1,973 | -€2,530 | -56.2% |
| Deferred charges and accrued income | 490/1 | €1,338 | €1,289 | -€49 | -3.7% |
| Total equity and liabilities | 10/49 | €34,014 | €31,637 | -€2,376 | -7.0% |
| Equity | 10/15 | €5,018 | €9,767 | +€4,749 | +94.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,018 | €6,767 | +€4,749 | +235.4% |
| Distributable reserves | 133 | €2,018 | €6,767 | +€4,749 | +235.4% |
| Amounts payable | 17/49 | €28,996 | €21,871 | -€7,125 | -24.6% |
| Amounts payable within one year | 42/48 | €28,705 | €21,571 | -€7,135 | -24.9% |
| Trade debts | 44 | €7,791 | €1,796 | -€5,995 | -76.9% |
| Suppliers | 440/4 | €7,791 | €1,796 | -€5,995 | -76.9% |
| Advances received on contracts in progress | 46 | - | €198 | +€198 | |
| Taxes, remuneration and social security | 45 | €1,414 | €5,142 | +€3,728 | +263.6% |
| Taxes | 450/3 | €1,414 | €5,142 | +€3,728 | +263.6% |
| Other amounts payable | 47/48 | €19,500 | €14,435 | -€5,065 | -26.0% |
| Accrued charges and deferred income | 492/3 | €291 | €300 | +€9 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,707 | €961 | -€2,746 | -74.1% |
| Other operating charges | 640/8 | €787 | €907 | +€120 | +15.3% |
| Gross operating margin | 9900 | €7,036 | €18,976 | +€11,940 | +169.7% |
| Operating profit (loss) | 9901 | €2,543 | €17,108 | +€14,566 | +572.8% |
| Financial income | 75/76B | €25 | €1 | -€24 | -97.3% |
| Recurring financial income | 75 | €25 | €1 | -€24 | -97.3% |
| Financial charges | 65/66B | €50 | €274 | +€224 | +448.4% |
| Recurring financial charges | 65 | €50 | €274 | +€224 | +448.4% |
| Profit (loss) for the period before taxes | 9903 | €2,518 | €16,835 | +€14,317 | +568.6% |
| Income taxes | 67/77 | €500 | €3,486 | +€2,986 | +597.2% |
| Profit (loss) for the period | 9904 | €2,018 | €13,349 | +€11,331 | +561.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,018 | €13,349 | +€11,331 | +561.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.