CYNETIQ: 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.
CYNETIQ
Largest movements
- Stocks and contracts +€33,372
up €33,372 (+107.8%), from €30,971 to €64,343
- Cash -€12,112
down €12,112 (-55.0%), from €22,014 to €9,902
mainly Stocks and contracts (-€33,372) and Net result for the year (-€1,822)
- Tangible fixed assets -€6,279
down €6,279 (-38.4%), from €16,347 to €10,068
of which Plant, machinery and equipment: -€3,770
- Trade debts +€11,747
up €11,747 (+1187.8%), from €989 to €12,736
- Tax, wage and social debts +€5,666
up €5,666 (+36.4%), from €15,563 to €21,229
of which Remuneration and social security: +€3,391
- Profit (loss) carried forward -€1,822
down €1,822 (-2.5%), from €72,082 to €70,260
- Current portion of long-term debt -€1,517
down €1,517 (-87.0%), from €1,743 to €226
- Gross operating margin -€26,027
down €26,027 (-46.9%), from €55,499 to €29,472
- Staff costs +€10,034
up €10,034 (+89.6%), from €11,195 to €21,229
- Taxes -€6,097
down €6,097 (-72.8%), from €8,372 to €2,275
- Other operating charges -€3,224
down €3,224 (-76.6%), from €4,210 to €986
- Depreciation -€1,671
down €1,671 (-21.0%), from €7,950 to €6,279
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 | €109,816 | €123,890 | +€14,074 | +12.8% |
| Fixed assets | 21/28 | €16,647 | €10,368 | -€6,279 | -37.7% |
| Tangible fixed assets | 22/27 | €16,347 | €10,068 | -€6,279 | -38.4% |
| Plant, machinery and equipment | 23 | €9,027 | €5,257 | -€3,770 | -41.8% |
| Furniture and vehicles | 24 | €7,320 | €4,811 | -€2,509 | -34.3% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €93,169 | €113,522 | +€20,353 | +21.8% |
| Stocks and contracts in progress | 3 | €30,971 | €64,343 | +€33,372 | +107.8% |
| Stocks | 30/36 | €30,971 | €64,343 | +€33,372 | +107.8% |
| Amounts receivable within one year | 40/41 | €40,044 | €38,943 | -€1,101 | -2.7% |
| Trade receivables | 40 | €33,143 | €35,255 | +€2,112 | +6.4% |
| Other amounts receivable | 41 | €6,901 | €3,688 | -€3,213 | -46.6% |
| Cash at bank and in hand | 54/58 | €22,014 | €9,902 | -€12,112 | -55.0% |
| Deferred charges and accrued income | 490/1 | €140 | €334 | +€194 | +138.6% |
| Total equity and liabilities | 10/49 | €109,816 | €123,890 | +€14,074 | +12.8% |
| Equity | 10/15 | €91,195 | €89,373 | -€1,822 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €513 | €513 | = | 0.0% |
| Non-distributable reserves | 130/1 | €513 | €513 | = | 0.0% |
| Reserves not available under the articles | 1311 | €513 | €513 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,082 | €70,260 | -€1,822 | -2.5% |
| Amounts payable | 17/49 | €18,621 | €34,517 | +€15,896 | +85.4% |
| Amounts payable within one year | 42/48 | €18,401 | €34,297 | +€15,896 | +86.4% |
| Current portion of amounts payable after more than one year | 42 | €1,743 | €226 | -€1,517 | -87.0% |
| Financial debts | 43 | €48 | €48 | = | 0.0% |
| Credit institutions | 430/8 | €48 | €48 | = | 0.0% |
| Trade debts | 44 | €989 | €12,736 | +€11,747 | +1187.8% |
| Suppliers | 440/4 | €989 | €12,736 | +€11,747 | +1187.8% |
| Taxes, remuneration and social security | 45 | €15,563 | €21,229 | +€5,666 | +36.4% |
| Taxes | 450/3 | €12,976 | €15,251 | +€2,275 | +17.5% |
| Remuneration and social security | 454/9 | €2,587 | €5,978 | +€3,391 | +131.1% |
| Other amounts payable | 47/48 | €58 | €58 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €220 | €220 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €11,195 | €21,229 | +€10,034 | +89.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,950 | €6,279 | -€1,671 | -21.0% |
| Other operating charges | 640/8 | €4,210 | €986 | -€3,224 | -76.6% |
| Non-recurring operating charges | 66A | €1,387 | - | -€1,387 | |
| Gross operating margin | 9900 | €55,499 | €29,472 | -€26,027 | -46.9% |
| Operating profit (loss) | 9901 | €30,757 | €978 | -€29,779 | -96.8% |
| Financial income | 75/76B | €0 | €2 | +€2 | |
| Recurring financial income | 75 | €0 | €2 | +€2 | |
| Financial charges | 65/66B | €649 | €527 | -€122 | -18.8% |
| Recurring financial charges | 65 | €649 | €527 | -€122 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €30,108 | €453 | -€29,655 | -98.5% |
| Income taxes | 67/77 | €8,372 | €2,275 | -€6,097 | -72.8% |
| Profit (loss) for the period | 9904 | €21,736 | -€1,822 | -€23,558 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,736 | -€1,822 | -€23,558 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.