CYNOIT: what changed
CYNOIT
Largest movements
- Tangible fixed assets -€23,071
down €23,071 (-39.1%), from €58,937 to €35,866
of which Furniture and vehicles: -€17,338
- Cash -€5,071
down €5,071 (-59.5%), from €8,526 to €3,455
mainly Net result for the year (-€53,514) and Tax, wage and social debts (-€2,339)
- Receivables within one year -€3,057
down €3,057 (-97.3%), from €3,142 to €86
of which Trade receivables: -€3,142
- Profit (loss) carried forward -€53,514
down €53,514, from €616 to -€52,898
- Other debts +€20,354
new in 2025: €20,354
- Trade debts +€4,301
new in 2025: €4,301
- Tax, wage and social debts -€2,339
no longer reported in 2025 (was €2,339)
- Gross operating margin -€54,591
down €54,591, from €18,148 to -€36,443
- Depreciation -€4,327
down €4,327 (-21.0%), from €20,578 to €16,251
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,605 | €39,406 | -€31,199 | -44.2% |
| Fixed assets | 21/28 | €58,937 | €35,866 | -€23,071 | -39.1% |
| Tangible fixed assets | 22/27 | €58,937 | €35,866 | -€23,071 | -39.1% |
| Plant, machinery and equipment | 23 | €14,176 | €12,735 | -€1,441 | -10.2% |
| Furniture and vehicles | 24 | €40,469 | €23,131 | -€17,338 | -42.8% |
| Other tangible fixed assets | 26 | €4,292 | - | -€4,292 | |
| Current assets | 29/58 | €11,668 | €3,540 | -€8,128 | -69.7% |
| Amounts receivable within one year | 40/41 | €3,142 | €86 | -€3,057 | -97.3% |
| Trade receivables | 40 | €3,142 | - | -€3,142 | |
| Other amounts receivable | 41 | - | €86 | +€86 | |
| Cash at bank and in hand | 54/58 | €8,526 | €3,455 | -€5,071 | -59.5% |
| Total equity and liabilities | 10/49 | €70,605 | €39,406 | -€31,199 | -44.2% |
| Equity | 10/15 | €68,266 | €14,752 | -€53,514 | -78.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €616 | -€52,898 | -€53,514 | |
| Amounts payable | 17/49 | €2,339 | €24,655 | +€22,315 | +954% |
| Amounts payable within one year | 42/48 | €2,339 | €24,655 | +€22,315 | +954% |
| Trade debts | 44 | - | €4,301 | +€4,301 | |
| Suppliers | 440/4 | - | €4,301 | +€4,301 | |
| Taxes, remuneration and social security | 45 | €2,339 | - | -€2,339 | |
| Taxes | 450/3 | €2,339 | - | -€2,339 | |
| Other amounts payable | 47/48 | - | €20,354 | +€20,354 | |
| Non-recurring operating income | 76A | - | €9,223 | +€9,223 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,578 | €16,251 | -€4,327 | -21.0% |
| Other operating charges | 640/8 | €659 | €642 | -€16 | -2.5% |
| Gross operating margin | 9900 | €18,148 | -€36,443 | -€54,591 | |
| Operating profit (loss) | 9901 | -€3,089 | -€53,336 | -€50,247 | -1,627% |
| Financial charges | 65/66B | €106 | €178 | +€72 | +68.1% |
| Recurring financial charges | 65 | €106 | €178 | +€72 | +68.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,195 | -€53,514 | -€50,319 | -1,575% |
| Income taxes | 67/77 | €110 | - | -€110 | |
| Profit (loss) for the period | 9904 | -€3,305 | -€53,514 | -€50,209 | -1,519% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,305 | -€53,514 | -€50,209 | -1,519% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.