CYRIMATH: 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.
CYRIMATH
Largest movements
- Current investments +€912,281
up €912,281 (+8.7%), from €10.5m to €11.4m
- Receivables within one year -€234,746
down €234,746 (-66.6%), from €352,326 to €117,580
of which Other amounts receivable: -€195,429
- Reserves +€981,108
up €981,108 (+6.3%), from €15.6m to €16.6m
of which Distributable reserves: +€981,108
- Gross operating margin -€833,580
down €833,580 (-24.9%), from €3.4m to €2.5m
- Financial income +€331,797
up €331,797 (+129%), from €256,940 to €588,737
- Taxes -€239,563
down €239,563 (-20.9%), from €1.1m to €906,273
- Financial charges +€136,165
up €136,165, from -€117,808 to €18,357
- Other operating charges +€101,484
up €101,484 (+1,075%), from €9,436 to €110,921
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 | €16,646,368 | €17,498,930 | +€852,563 | +5.1% |
| Fixed assets | 21/28 | €5,414,903 | €5,417,998 | +€3,094 | +0.1% |
| Tangible fixed assets | 22/27 | €415,403 | €418,498 | +€3,094 | +0.7% |
| Plant, machinery and equipment | 23 | €8,014 | €5,645 | -€2,370 | -29.6% |
| Furniture and vehicles | 24 | - | €5,464 | +€5,464 | |
| Other tangible fixed assets | 26 | €407,389 | €407,389 | = | 0.0% |
| Financial fixed assets | 28 | €4,999,500 | €4,999,500 | = | 0.0% |
| Current assets | 29/58 | €11,231,464 | €12,080,933 | +€849,468 | +7.6% |
| Amounts receivable within one year | 40/41 | €352,326 | €117,580 | -€234,746 | -66.6% |
| Trade receivables | 40 | €43,161 | €3,845 | -€39,317 | -91.1% |
| Other amounts receivable | 41 | €309,165 | €113,735 | -€195,429 | -63.2% |
| Current investments | 50/53 | €10,494,281 | €11,406,562 | +€912,281 | +8.7% |
| Cash at bank and in hand | 54/58 | €374,438 | €488,913 | +€114,474 | +30.6% |
| Deferred charges and accrued income | 490/1 | €10,419 | €67,878 | +€57,459 | +552% |
| Total equity and liabilities | 10/49 | €16,646,368 | €17,498,930 | +€852,563 | +5.1% |
| Equity | 10/15 | €15,631,345 | €16,612,453 | +€981,108 | +6.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,612,466 | €16,593,574 | +€981,108 | +6.3% |
| Tax-exempt reserves | 132 | €3,963 | €3,963 | = | 0.0% |
| Distributable reserves | 133 | €15,608,503 | €16,589,611 | +€981,108 | +6.3% |
| Profit (loss) carried forward | 14 | €6,479 | €6,479 | = | 0.0% |
| Amounts payable | 17/49 | €1,015,023 | €886,477 | -€128,546 | -12.7% |
| Amounts payable within one year | 42/48 | €624,898 | €483,279 | -€141,619 | -22.7% |
| Financial debts | 43 | €1,420 | €1,112 | -€307 | -21.6% |
| Credit institutions | 430/8 | €1,420 | €1,112 | -€307 | -21.6% |
| Trade debts | 44 | €18,606 | €5,254 | -€13,351 | -71.8% |
| Suppliers | 440/4 | €18,606 | €5,254 | -€13,351 | -71.8% |
| Taxes, remuneration and social security | 45 | €604,873 | €476,912 | -€127,961 | -21.2% |
| Taxes | 450/3 | €599,210 | €471,048 | -€128,161 | -21.4% |
| Remuneration and social security | 454/9 | €5,663 | €5,864 | +€201 | +3.5% |
| Accrued charges and deferred income | 492/3 | €390,125 | €403,199 | +€13,074 | +3.4% |
| Remuneration, social security and pensions | 62 | €40,867 | €43,603 | +€2,736 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,486 | €5,270 | +€1,784 | +51.2% |
| Other operating charges | 640/8 | €9,436 | €110,921 | +€101,484 | +1,075% |
| Gross operating margin | 9900 | €3,350,375 | €2,516,795 | -€833,580 | -24.9% |
| Operating profit (loss) | 9901 | €3,296,585 | €2,357,001 | -€939,584 | -28.5% |
| Financial income | 75/76B | €256,940 | €588,737 | +€331,797 | +129% |
| Recurring financial income | 75 | €256,940 | €588,737 | +€331,797 | +129% |
| Financial charges | 65/66B | -€117,808 | €18,357 | +€136,165 | |
| Recurring financial charges | 65 | -€117,808 | €18,357 | +€136,165 | |
| Profit (loss) for the period before taxes | 9903 | €3,671,333 | €2,927,381 | -€743,952 | -20.3% |
| Income taxes | 67/77 | €1,145,836 | €906,273 | -€239,563 | -20.9% |
| Profit (loss) for the period | 9904 | €2,525,497 | €2,021,108 | -€504,389 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,525,497 | €2,021,108 | -€504,389 | -20.0% |
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 27 October 2026 via checked.be.