Cyriel: 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.
Cyriel
Largest movements
- Receivables within one year +€8,159
up €8,159 (+38.2%), from €21,375 to €29,533
of which Other amounts receivable: +€4,382
- Tangible fixed assets -€6,566
down €6,566 (-64.2%), from €10,232 to €3,667
of which Plant, machinery and equipment: -€3,627
- Cash -€732
down €732 (-40.4%), from €1,814 to €1,081
mainly Tax, wage and social debts (-€18,883) and Receivables within one year (-€8,159)
- Deferred charges and accrued income +€665
up €665 (+635%), from €105 to €769
- Stocks and contracts +€429
up €429 (+30.0%), from €1,431 to €1,860
- Profit (loss) carried forward +€26,425
up €26,425 (+62.5%), from -€42,249 to -€15,824
- Tax, wage and social debts -€18,883
down €18,883 (-50.6%), from €37,342 to €18,459
of which Taxes: -€19,857
- Trade debts -€3,933
down €3,933 (-41.7%), from €9,423 to €5,490
- Debts after one year -€1,208
no longer reported in 2025 (was €1,208)
- Current portion of long-term debt -€665
down €665 (-32.5%), from €2,045 to €1,379
- Gross operating margin +€25,005
up €25,005 (+37.0%), from €67,504 to €92,509
- Other operating charges -€8,416
down €8,416 (-74.9%), from €11,240 to €2,823
- Staff costs +€7,061
up €7,061 (+16.2%), from €43,574 to €50,635
- Taxes +€3,202
up €3,202 (+1,782%), from €180 to €3,382
- Financial income +€1,907
up €1,907 (+950%), from €201 to €2,108
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 | €34,956 | €36,911 | +€1,955 | +5.6% |
| Fixed assets | 21/28 | €10,232 | €3,667 | -€6,566 | -64.2% |
| Tangible fixed assets | 22/27 | €10,232 | €3,667 | -€6,566 | -64.2% |
| Plant, machinery and equipment | 23 | €5,808 | €2,181 | -€3,627 | -62.4% |
| Furniture and vehicles | 24 | €3,474 | €536 | -€2,938 | -84.6% |
| Other tangible fixed assets | 26 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €24,724 | €33,244 | +€8,520 | +34.5% |
| Stocks and contracts in progress | 3 | €1,431 | €1,860 | +€429 | +30.0% |
| Stocks | 30/36 | €1,431 | €1,860 | +€429 | +30.0% |
| Amounts receivable within one year | 40/41 | €21,375 | €29,533 | +€8,159 | +38.2% |
| Trade receivables | 40 | - | €3,776 | +€3,776 | |
| Other amounts receivable | 41 | €21,375 | €25,757 | +€4,382 | +20.5% |
| Cash at bank and in hand | 54/58 | €1,814 | €1,081 | -€732 | -40.4% |
| Deferred charges and accrued income | 490/1 | €105 | €769 | +€665 | +635% |
| Total equity and liabilities | 10/49 | €34,956 | €36,911 | +€1,955 | +5.6% |
| Equity | 10/15 | -€34,986 | -€8,561 | +€26,425 | +75.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,263 | €5,263 | = | 0.0% |
| Distributable reserves | 133 | €5,263 | €5,263 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,249 | -€15,824 | +€26,425 | +62.5% |
| Amounts payable | 17/49 | €69,942 | €45,472 | -€24,471 | -35.0% |
| Amounts payable after more than one year | 17 | €1,208 | - | -€1,208 | |
| Financial debts | 170/4 | €1,208 | - | -€1,208 | |
| Amounts payable within one year | 42/48 | €68,735 | €45,472 | -€23,263 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €2,045 | €1,379 | -€665 | -32.5% |
| Financial debts | 43 | €19,925 | €19,993 | +€68 | +0.3% |
| Credit institutions | 430/8 | €19,925 | €19,993 | +€68 | +0.3% |
| Trade debts | 44 | €9,423 | €5,490 | -€3,933 | -41.7% |
| Suppliers | 440/4 | €9,423 | €5,490 | -€3,933 | -41.7% |
| Taxes, remuneration and social security | 45 | €37,342 | €18,459 | -€18,883 | -50.6% |
| Taxes | 450/3 | €32,237 | €12,381 | -€19,857 | -61.6% |
| Remuneration and social security | 454/9 | €5,105 | €6,079 | +€974 | +19.1% |
| Other amounts payable | 47/48 | - | €150 | +€150 | |
| Remuneration, social security and pensions | 62 | €43,574 | €50,635 | +€7,061 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,298 | €5,498 | -€800 | -12.7% |
| Other operating charges | 640/8 | €11,240 | €2,823 | -€8,416 | -74.9% |
| Non-recurring operating charges | 66A | - | €1,067 | +€1,067 | |
| Gross operating margin | 9900 | €67,504 | €92,509 | +€25,005 | +37.0% |
| Operating profit (loss) | 9901 | €6,392 | €32,485 | +€26,093 | +408% |
| Financial income | 75/76B | €201 | €2,108 | +€1,907 | +950% |
| Recurring financial income | 75 | €201 | €2,108 | +€1,907 | +950% |
| Financial charges | 65/66B | €6,464 | €4,786 | -€1,678 | -26.0% |
| Recurring financial charges | 65 | €6,464 | €4,786 | -€1,678 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €129 | €29,807 | +€29,678 | +22,969% |
| Income taxes | 67/77 | €180 | €3,382 | +€3,202 | +1,782% |
| Profit (loss) for the period | 9904 | -€50 | €26,425 | +€26,476 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50 | €26,425 | +€26,476 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.