CYNORHODON: what changed
CYNORHODON
Largest movements
- Cash -€371,746
down €371,746 (-40.1%), from €927,772 to €556,026
mainly Receivables within one year (-€286,297) and Debts within one year (-€110,615)
- Receivables within one year +€286,297
up €286,297 (+237%), from €120,723 to €407,020
of which Other amounts receivable: +€280,193
- Tangible fixed assets +€57,565
up €57,565 (+140%), from €41,017 to €98,582
of which Other tangible fixed assets: +€38,334
- Debts within one year -€110,615
down €110,615 (-10.3%), from €1.1m to €963,945
- Investment grants +€43,889
up €43,889 (+273%), from €16,064 to €59,953
- Reserves +€29,372
up €29,372 (+388%), from €7,574 to €36,946
- Gross operating margin +€95,120
up €95,120 (+16.4%), from €581,368 to €676,488
- Purchases and services +€86,833
up €86,833 (+54.9%), from €158,251 to €245,084
- Staff costs +€75,216
up €75,216 (+13.4%), from €561,320 to €636,536
- Turnover +€24,911
up €24,911 (+17.0%), from €146,401 to €171,312
- Financial charges -€7,291
down €7,291 (-89.7%), from €8,130 to €839
of which Non-recurring financial charges: -€4,500
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 | €1,122,508 | €1,085,154 | -€37,354 | -3.3% |
| Fixed assets | 21/28 | €66,699 | €116,709 | +€50,010 | +75.0% |
| Intangible fixed assets | 21 | €16,891 | €12,716 | -€4,175 | -24.7% |
| Tangible fixed assets | 22/27 | €41,017 | €98,582 | +€57,565 | +140% |
| Plant, machinery and equipment | 23 | €10,580 | €9,948 | -€632 | -6.0% |
| Furniture and vehicles | 24 | €7,601 | €27,464 | +€19,863 | +261% |
| Other tangible fixed assets | 26 | €22,836 | €61,169 | +€38,334 | +168% |
| Financial fixed assets | 28 | €8,792 | €5,412 | -€3,380 | -38.4% |
| Current assets | 29/58 | €1,055,808 | €968,445 | -€87,364 | -8.3% |
| Stocks and contracts in progress | 3 | €400 | - | -€400 | |
| Stocks | 30/36 | €400 | - | -€400 | |
| Amounts receivable within one year | 40/41 | €120,723 | €407,020 | +€286,297 | +237% |
| Trade receivables | 40 | €35,081 | €41,185 | +€6,104 | +17.4% |
| Other amounts receivable | 41 | €85,642 | €365,835 | +€280,193 | +327% |
| Cash at bank and in hand | 54/58 | €927,772 | €556,026 | -€371,746 | -40.1% |
| Deferred charges and accrued income | 490/1 | €6,914 | €5,399 | -€1,515 | -21.9% |
| Total equity and liabilities | 10/49 | €1,122,508 | €1,085,154 | -€37,354 | -3.3% |
| Equity | 10/15 | €32,544 | €105,804 | +€73,261 | +225% |
| Reserves | 13 | €7,574 | €36,946 | +€29,372 | +388% |
| Profit (loss) carried forward | 14 | €8,905 | €8,905 | = | 0.0% |
| Investment grants | 15 | €16,064 | €59,953 | +€43,889 | +273% |
| Amounts payable | 17/49 | €1,089,964 | €979,350 | -€110,615 | -10.1% |
| Amounts payable within one year | 42/48 | €1,074,559 | €963,945 | -€110,615 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €8,206 | - | -€8,206 | |
| Trade debts | 44 | €22,485 | €32,550 | +€10,065 | +44.8% |
| Suppliers | 440/4 | €22,485 | €32,550 | +€10,065 | +44.8% |
| Taxes, remuneration and social security | 45 | €103,037 | €105,594 | +€2,557 | +2.5% |
| Taxes | 450/3 | €14,078 | €11,309 | -€2,769 | -19.7% |
| Remuneration and social security | 454/9 | €88,959 | €94,285 | +€5,326 | +6.0% |
| Accrued charges and deferred income | 492/3 | €15,405 | €15,405 | = | 0.0% |
| Turnover | 70 | €146,401 | €171,312 | +€24,911 | +17.0% |
| Membership fees, donations, legacies and grants | 73 | €601,883 | €750,660 | +€148,777 | +24.7% |
| Non-recurring operating income | 76A | €91,335 | - | -€91,335 | |
| Goods, raw materials, services and sundry goods | 60/61 | €158,251 | €245,084 | +€86,833 | +54.9% |
| Remuneration, social security and pensions | 62 | €561,320 | €636,536 | +€75,216 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,555 | €20,877 | +€5,322 | +34.2% |
| Other operating charges | 640/8 | €6,259 | €549 | -€5,710 | -91.2% |
| Gross operating margin | 9900 | €581,368 | €676,488 | +€95,120 | +16.4% |
| Operating profit (loss) | 9901 | -€1,767 | €18,526 | +€20,293 | |
| Financial income | 75/76B | €9,995 | €11,685 | +€1,690 | +16.9% |
| Recurring financial income | 75 | €5,495 | €11,685 | +€6,190 | +113% |
| Non-recurring financial income | 76B | €4,500 | - | -€4,500 | |
| Financial charges | 65/66B | €8,130 | €839 | -€7,291 | -89.7% |
| Recurring financial charges | 65 | €3,630 | €839 | -€2,791 | -76.9% |
| Non-recurring financial charges | 66B | €4,500 | - | -€4,500 | |
| Profit (loss) for the period before taxes | 9903 | €98 | €29,372 | +€29,274 | +29,865% |
| Profit (loss) for the period | 9904 | €98 | €29,372 | +€29,274 | +29,865% |
| Profit (loss) for the period to be appropriated | 9905 | €98 | €29,372 | +€29,274 | +29,865% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.