CySEC: 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.
CySEC
Largest movements
- Cash +€39,589
up €39,589 (+71.4%), from €55,464 to €95,053
mainly Net result for the year (+€58,196) and Tax, wage and social debts (+€11,045)
- Tangible fixed assets +€15,935
up €15,935 (+77.5%), from €20,563 to €36,498
- Receivables within one year -€5,764
down €5,764 (-26.3%), from €21,930 to €16,166
of which Other amounts receivable: -€3,175
- Reserves +€56,530
up €56,530 (+90.3%), from €62,579 to €119,109
- Other debts -€18,558
down €18,558 (-79.5%), from €23,341 to €4,783
- Tax, wage and social debts +€11,045
up €11,045 (+158.9%), from €6,950 to €17,995
- Taxes +€5,874
up €5,874 (+34.9%), from €16,825 to €22,699
- Gross operating margin -€2,107
down €2,107 (-2.3%), from €91,413 to €89,306
- Depreciation -€1,632
down €1,632 (-19.4%), from €8,425 to €6,793
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.
Cash bridge derived
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 | €98,232 | €147,866 | +€49,634 | +50.5% |
| Formation expenses | 20 | €128 | - | -€128 | |
| Fixed assets | 21/28 | €20,563 | €36,498 | +€15,935 | +77.5% |
| Tangible fixed assets | 22/27 | €20,563 | €36,498 | +€15,935 | +77.5% |
| Furniture and vehicles | 24 | €20,563 | €36,498 | +€15,935 | +77.5% |
| Current assets | 29/58 | €77,541 | €111,368 | +€33,827 | +43.6% |
| Amounts receivable within one year | 40/41 | €21,930 | €16,166 | -€5,764 | -26.3% |
| Trade receivables | 40 | €18,755 | €16,166 | -€2,589 | -13.8% |
| Other amounts receivable | 41 | €3,175 | - | -€3,175 | |
| Cash at bank and in hand | 54/58 | €55,464 | €95,053 | +€39,589 | +71.4% |
| Deferred charges and accrued income | 490/1 | €147 | €149 | +€2 | +1.4% |
| Total equity and liabilities | 10/49 | €98,232 | €147,866 | +€49,634 | +50.5% |
| Equity | 10/15 | €67,579 | €124,109 | +€56,530 | +83.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €62,579 | €119,109 | +€56,530 | +90.3% |
| Distributable reserves | 133 | €62,579 | €119,109 | +€56,530 | +90.3% |
| Amounts payable | 17/49 | €30,653 | €23,757 | -€6,896 | -22.5% |
| Amounts payable within one year | 42/48 | €30,653 | €23,757 | -€6,896 | -22.5% |
| Trade debts | 44 | €362 | €979 | +€617 | +170.4% |
| Suppliers | 440/4 | €362 | €979 | +€617 | +170.4% |
| Taxes, remuneration and social security | 45 | €6,950 | €17,995 | +€11,045 | +158.9% |
| Taxes | 450/3 | €6,950 | €17,995 | +€11,045 | +158.9% |
| Other amounts payable | 47/48 | €23,341 | €4,783 | -€18,558 | -79.5% |
| Non-recurring operating income | 76A | - | €1,213 | +€1,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,425 | €6,793 | -€1,632 | -19.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €284 | - | -€284 | |
| Other operating charges | 640/8 | - | €642 | +€642 | |
| Gross operating margin | 9900 | €91,413 | €89,306 | -€2,107 | -2.3% |
| Operating profit (loss) | 9901 | €82,704 | €81,871 | -€833 | -1.0% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €1,597 | €976 | -€621 | -38.9% |
| Recurring financial charges | 65 | €1,597 | €976 | -€621 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €81,122 | €80,895 | -€227 | -0.3% |
| Income taxes | 67/77 | €16,825 | €22,699 | +€5,874 | +34.9% |
| Profit (loss) for the period | 9904 | €64,297 | €58,196 | -€6,101 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,297 | €58,196 | -€6,101 | -9.5% |
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 12 October 2026 via checked.be.