CYRANO: 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.
CYRANO
Largest movements
- Cash +€12,145
up €12,145 (+16.5%), from €73,628 to €85,772
mainly Net result for the year (+€6,909) and Depreciation (+€5,092)
- Tangible fixed assets -€5,092
down €5,092 (-22.1%), from €23,014 to €17,922
- Receivables after one year -€3,800
down €3,800 (-38.0%), from €10,000 to €6,200
- Reserves +€3,600
up €3,600 (+4.8%), from €74,959 to €78,559
of which Distributable reserves: +€3,600
- Gross operating margin -€15,809
down €15,809 (-48.0%), from €32,963 to €17,155
- Taxes -€7,668
down €7,668 (-60.5%), from €12,675 to €5,007
- Financial income -€5,494
down €5,494 (-93.0%), from €5,908 to €414
of which Non-recurring financial income: -€4,485
- Depreciation +€3,409
up €3,409 (+203%), from €1,683 to €5,092
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 | €137,371 | €138,843 | +€1,472 | +1.1% |
| Fixed assets | 21/28 | €39,930 | €34,839 | -€5,092 | -12.8% |
| Tangible fixed assets | 22/27 | €23,014 | €17,922 | -€5,092 | -22.1% |
| Furniture and vehicles | 24 | €23,014 | €17,922 | -€5,092 | -22.1% |
| Financial fixed assets | 28 | €16,916 | €16,916 | = | 0.0% |
| Current assets | 29/58 | €97,441 | €104,004 | +€6,563 | +6.7% |
| Amounts receivable after more than one year | 29 | €10,000 | €6,200 | -€3,800 | -38.0% |
| Other amounts receivable | 291 | €10,000 | €6,200 | -€3,800 | -38.0% |
| Amounts receivable within one year | 40/41 | €10,476 | €9,332 | -€1,145 | -10.9% |
| Trade receivables | 40 | €10,476 | €9,332 | -€1,145 | -10.9% |
| Cash at bank and in hand | 54/58 | €73,628 | €85,772 | +€12,145 | +16.5% |
| Deferred charges and accrued income | 490/1 | €3,337 | €2,700 | -€637 | -19.1% |
| Total equity and liabilities | 10/49 | €137,371 | €138,843 | +€1,472 | +1.1% |
| Equity | 10/15 | €127,521 | €130,430 | +€2,909 | +2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €74,959 | €78,559 | +€3,600 | +4.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,100 | €4,100 | = | 0.0% |
| Distributable reserves | 133 | €69,000 | €72,600 | +€3,600 | +5.2% |
| Profit (loss) carried forward | 14 | €33,970 | €33,278 | -€691 | -2.0% |
| Amounts payable | 17/49 | €9,850 | €8,413 | -€1,437 | -14.6% |
| Amounts payable within one year | 42/48 | €9,850 | €8,413 | -€1,437 | -14.6% |
| Trade debts | 44 | €426 | €465 | +€40 | +9.3% |
| Suppliers | 440/4 | €426 | €465 | +€40 | +9.3% |
| Taxes, remuneration and social security | 45 | €8,146 | €6,924 | -€1,222 | -15.0% |
| Taxes | 450/3 | €8,146 | €6,924 | -€1,222 | -15.0% |
| Other amounts payable | 47/48 | €1,278 | €1,024 | -€254 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,683 | €5,092 | +€3,409 | +203% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €1 | €0 | -€1 | -99.0% |
| Gross operating margin | 9900 | €32,963 | €17,155 | -€15,809 | -48.0% |
| Operating profit (loss) | 9901 | €30,892 | €11,663 | -€19,229 | -62.2% |
| Financial income | 75/76B | €5,908 | €414 | -€5,494 | -93.0% |
| Recurring financial income | 75 | €1,424 | €414 | -€1,010 | -70.9% |
| Non-recurring financial income | 76B | €4,485 | - | -€4,485 | |
| Financial charges | 65/66B | €153 | €161 | +€9 | +5.6% |
| Recurring financial charges | 65 | €153 | €161 | +€9 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €36,648 | €11,916 | -€24,732 | -67.5% |
| Income taxes | 67/77 | €12,675 | €5,007 | -€7,668 | -60.5% |
| Profit (loss) for the period | 9904 | €23,973 | €6,909 | -€17,064 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,973 | €6,909 | -€17,064 | -71.2% |
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.