Cynek: 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.
Cynek
Largest movements
- Cash -€65,480
down €65,480 (-51.0%), from €128,386 to €62,906
mainly Current investments (-€50,000) and Contributions, distributions and other (-€36,319)
- Current investments +€50,000
new in 2025: €50,000
- Receivables within one year +€21,059
up €21,059 (+59.4%), from €35,441 to €56,500
of which Trade receivables: +€19,693
- Reserves +€16,945
up €16,945 (+18.5%), from €91,774 to €108,719
- Other debts -€15,931
down €15,931 (-29.3%), from €54,379 to €38,448
- Tax, wage and social debts +€6,247
up €6,247 (+48.7%), from €12,830 to €19,077
of which Remuneration and social security: +€3,915
- Gross operating margin -€14,186
down €14,186 (-15.1%), from €93,992 to €79,806
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 | €168,690 | €175,048 | +€6,358 | +3.8% |
| Fixed assets | 21/28 | €3,820 | €4,472 | +€652 | +17.1% |
| Tangible fixed assets | 22/27 | €3,724 | €4,376 | +€652 | +17.5% |
| Furniture and vehicles | 24 | €3,724 | €4,376 | +€652 | +17.5% |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €164,870 | €170,576 | +€5,706 | +3.5% |
| Amounts receivable within one year | 40/41 | €35,441 | €56,500 | +€21,059 | +59.4% |
| Trade receivables | 40 | €30,895 | €50,588 | +€19,693 | +63.7% |
| Other amounts receivable | 41 | €4,546 | €5,912 | +€1,366 | +30.0% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €128,386 | €62,906 | -€65,480 | -51.0% |
| Deferred charges and accrued income | 490/1 | €1,043 | €1,170 | +€127 | +12.2% |
| Total equity and liabilities | 10/49 | €168,690 | €175,048 | +€6,358 | +3.8% |
| Equity | 10/15 | €97,974 | €114,919 | +€16,945 | +17.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €91,774 | €108,719 | +€16,945 | +18.5% |
| Distributable reserves | 133 | €91,774 | €108,719 | +€16,945 | +18.5% |
| Amounts payable | 17/49 | €70,716 | €60,130 | -€10,587 | -15.0% |
| Amounts payable within one year | 42/48 | €70,716 | €60,130 | -€10,587 | -15.0% |
| Financial debts | 43 | €505 | - | -€505 | |
| Credit institutions | 430/8 | €505 | - | -€505 | |
| Trade debts | 44 | €3,002 | €2,604 | -€398 | -13.3% |
| Suppliers | 440/4 | €3,002 | €2,604 | -€398 | -13.3% |
| Taxes, remuneration and social security | 45 | €12,830 | €19,077 | +€6,247 | +48.7% |
| Taxes | 450/3 | €12,830 | €15,162 | +€2,333 | +18.2% |
| Remuneration and social security | 454/9 | - | €3,915 | +€3,915 | |
| Other amounts payable | 47/48 | €54,379 | €38,448 | -€15,931 | -29.3% |
| Non-recurring operating income | 76A | €9,658 | - | -€9,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,169 | €2,982 | -€187 | -5.9% |
| Other operating charges | 640/8 | €780 | €688 | -€92 | -11.8% |
| Non-recurring operating charges | 66A | - | €299 | +€299 | |
| Gross operating margin | 9900 | €93,992 | €79,806 | -€14,186 | -15.1% |
| Operating profit (loss) | 9901 | €90,042 | €75,837 | -€14,206 | -15.8% |
| Financial income | 75/76B | €0 | €75 | +€75 | +747,900% |
| Recurring financial income | 75 | €0 | €75 | +€75 | +747,900% |
| Financial charges | 65/66B | €2,010 | €1,857 | -€153 | -7.6% |
| Recurring financial charges | 65 | €2,010 | €1,857 | -€153 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €88,033 | €74,055 | -€13,978 | -15.9% |
| Income taxes | 67/77 | €20,623 | €20,791 | +€168 | +0.8% |
| Profit (loss) for the period | 9904 | €67,410 | €53,264 | -€14,146 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,410 | €53,264 | -€14,146 | -21.0% |
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 15 October 2026 via checked.be.