CYREOL CONSULT: 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.
CYREOL CONSULT
Largest movements
- Receivables within one year -€10,378
down €10,378 (-95.3%), from €10,890 to €512
- Cash -€862
down €862 (-2.2%), from €38,324 to €37,462
mainly Tax, wage and social debts (-€10,460) and Other debts (-€5,003)
- Tax, wage and social debts -€10,460
down €10,460 (-82.0%), from €12,754 to €2,294
- Other debts -€5,003
down €5,003 (-19.1%), from €26,203 to €21,199
- Profit (loss) carried forward +€4,151
up €4,151 (+15.2%), from -€27,379 to -€23,228
- Gross operating margin -€23,269
down €23,269 (-78.8%), from €29,511 to €6,242
- Taxes -€5,482
down €5,482 (-81.5%), from €6,727 to €1,244
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,443 | €38,896 | -€11,547 | -22.9% |
| Fixed assets | 21/28 | €655 | €320 | -€336 | -51.2% |
| Tangible fixed assets | 22/27 | €655 | €320 | -€336 | -51.2% |
| Furniture and vehicles | 24 | €655 | €320 | -€336 | -51.2% |
| Current assets | 29/58 | €49,788 | €38,576 | -€11,212 | -22.5% |
| Amounts receivable within one year | 40/41 | €10,890 | €512 | -€10,378 | -95.3% |
| Trade receivables | 40 | €10,890 | €512 | -€10,378 | -95.3% |
| Cash at bank and in hand | 54/58 | €38,324 | €37,462 | -€862 | -2.2% |
| Deferred charges and accrued income | 490/1 | €574 | €603 | +€28 | +4.9% |
| Total equity and liabilities | 10/49 | €50,443 | €38,896 | -€11,547 | -22.9% |
| Equity | 10/15 | €11,221 | €15,372 | +€4,151 | +37.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,379 | -€23,228 | +€4,151 | +15.2% |
| Amounts payable | 17/49 | €39,222 | €23,524 | -€15,698 | -40.0% |
| Amounts payable within one year | 42/48 | €39,222 | €23,524 | -€15,698 | -40.0% |
| Trade debts | 44 | €265 | €30 | -€235 | -88.7% |
| Suppliers | 440/4 | €265 | €30 | -€235 | -88.7% |
| Taxes, remuneration and social security | 45 | €12,754 | €2,294 | -€10,460 | -82.0% |
| Taxes | 450/3 | €12,754 | €2,294 | -€10,460 | -82.0% |
| Other amounts payable | 47/48 | €26,203 | €21,199 | -€5,003 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €590 | €336 | -€255 | -43.1% |
| Other operating charges | 640/8 | €348 | €429 | +€81 | +23.3% |
| Gross operating margin | 9900 | €29,511 | €6,242 | -€23,269 | -78.8% |
| Operating profit (loss) | 9901 | €28,574 | €5,478 | -€23,096 | -80.8% |
| Financial charges | 65/66B | €32 | €82 | +€50 | +155% |
| Recurring financial charges | 65 | €32 | €82 | +€50 | +155% |
| Profit (loss) for the period before taxes | 9903 | €28,541 | €5,395 | -€23,146 | -81.1% |
| Income taxes | 67/77 | €6,727 | €1,244 | -€5,482 | -81.5% |
| Profit (loss) for the period | 9904 | €21,814 | €4,151 | -€17,663 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,814 | €4,151 | -€17,663 | -81.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.