Cyran Management: 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.
Cyran Management
Largest movements
- Receivables within one year -€51,441
down €51,441 (-75.8%), from €67,892 to €16,452
of which Other amounts receivable: -€50,012
- Cash +€39,900
up €39,900 (+231%), from €17,252 to €57,152
mainly Receivables within one year (+€51,441) and Net result for the year (+€17,025)
- Tangible fixed assets -€3,976
down €3,976 (-18.5%), from €21,447 to €17,472
of which Plant, machinery and equipment: -€2,100
- Profit (loss) carried forward -€22,975
down €22,975 (-72.6%), from €31,642 to €8,667
- Other debts +€13,227
up €13,227 (+25.0%), from €52,950 to €66,177
- Current portion of long-term debt -€3,583
down €3,583 (-100%), from €3,583 to €0
- Tax, wage and social debts -€2,097
down €2,097 (-24.8%), from €8,441 to €6,344
of which Taxes: -€4,012
- Gross operating margin -€51,646
down €51,646 (-62.4%), from €82,823 to €31,177
- Taxes -€10,052
down €10,052 (-64.1%), from €15,685 to €5,634
- Depreciation -€3,842
down €3,842 (-34.8%), from €11,033 to €7,191
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 | €117,203 | €101,370 | -€15,833 | -13.5% |
| Fixed assets | 21/28 | €22,622 | €18,472 | -€4,151 | -18.3% |
| Tangible fixed assets | 22/27 | €21,447 | €17,472 | -€3,976 | -18.5% |
| Plant, machinery and equipment | 23 | €16,161 | €14,061 | -€2,100 | -13.0% |
| Furniture and vehicles | 24 | €5,286 | €3,410 | -€1,876 | -35.5% |
| Financial fixed assets | 28 | €1,175 | €1,000 | -€175 | -14.9% |
| Current assets | 29/58 | €94,581 | €82,898 | -€11,683 | -12.4% |
| Amounts receivable within one year | 40/41 | €67,892 | €16,452 | -€51,441 | -75.8% |
| Trade receivables | 40 | €17,880 | €16,452 | -€1,429 | -8.0% |
| Other amounts receivable | 41 | €50,012 | €0 | -€50,012 | -100% |
| Current investments | 50/53 | €9,000 | €9,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,252 | €57,152 | +€39,900 | +231% |
| Deferred charges and accrued income | 490/1 | €437 | €295 | -€142 | -32.6% |
| Total equity and liabilities | 10/49 | €117,203 | €101,370 | -€15,833 | -13.5% |
| Equity | 10/15 | €50,242 | €27,267 | -€22,975 | -45.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,642 | €8,667 | -€22,975 | -72.6% |
| Amounts payable | 17/49 | €66,961 | €74,103 | +€7,142 | +10.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €66,961 | €74,103 | +€7,142 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €3,583 | €0 | -€3,583 | -100% |
| Trade debts | 44 | €1,986 | €1,582 | -€404 | -20.4% |
| Suppliers | 440/4 | €1,986 | €1,582 | -€404 | -20.4% |
| Taxes, remuneration and social security | 45 | €8,441 | €6,344 | -€2,097 | -24.8% |
| Taxes | 450/3 | €5,433 | €1,421 | -€4,012 | -73.8% |
| Remuneration and social security | 454/9 | €3,008 | €4,923 | +€1,915 | +63.7% |
| Other amounts payable | 47/48 | €52,950 | €66,177 | +€13,227 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,033 | €7,191 | -€3,842 | -34.8% |
| Other operating charges | 640/8 | €955 | €985 | +€30 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €82,823 | €31,177 | -€51,646 | -62.4% |
| Operating profit (loss) | 9901 | €70,835 | €23,002 | -€47,833 | -67.5% |
| Financial income | 75/76B | €603 | €0 | -€603 | -100% |
| Recurring financial income | 75 | €603 | €0 | -€603 | -100% |
| Financial charges | 65/66B | €350 | €343 | -€6 | -1.8% |
| Recurring financial charges | 65 | €350 | €343 | -€6 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €71,089 | €22,658 | -€48,431 | -68.1% |
| Income taxes | 67/77 | €15,685 | €5,634 | -€10,052 | -64.1% |
| Profit (loss) for the period | 9904 | €55,404 | €17,025 | -€38,379 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,404 | €17,025 | -€38,379 | -69.3% |
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 24 October 2026 via checked.be.