CYTECH SYSTEMS: 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.
CYTECH SYSTEMS
Largest movements
- Cash +€60,251
up €60,251 (+14.6%), from €413,825 to €474,076
mainly Net result for the year (+€64,836) and Depreciation (+€25,716)
- Tangible fixed assets -€25,716
down €25,716 (-28.6%), from €89,892 to €64,176
of which Land and buildings: -€16,471
- Reserves +€34,800
up €34,800 (+11.1%), from €314,859 to €349,659
- Other debts +€22,232
up €22,232 (+21.0%), from €105,714 to €127,946
- Debts after one year -€20,663
down €20,663 (-30.4%), from €67,863 to €47,200
- Gross operating margin +€18,092
up €18,092 (+17.2%), from €105,313 to €123,405
- Taxes +€4,741
up €4,741 (+23.7%), from €20,009 to €24,750
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 | €542,749 | €580,048 | +€37,299 | +6.9% |
| Fixed assets | 21/28 | €91,892 | €66,176 | -€25,716 | -28.0% |
| Tangible fixed assets | 22/27 | €89,892 | €64,176 | -€25,716 | -28.6% |
| Land and buildings | 22 | €65,883 | €49,412 | -€16,471 | -25.0% |
| Plant, machinery and equipment | 23 | €19,359 | €12,298 | -€7,061 | -36.5% |
| Furniture and vehicles | 24 | €4,650 | €2,465 | -€2,184 | -47.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €450,858 | €513,872 | +€63,015 | +14.0% |
| Amounts receivable within one year | 40/41 | €35,498 | €37,395 | +€1,897 | +5.3% |
| Trade receivables | 40 | €34,860 | €37,171 | +€2,311 | +6.6% |
| Other amounts receivable | 41 | €638 | €223 | -€414 | -65.0% |
| Cash at bank and in hand | 54/58 | €413,825 | €474,076 | +€60,251 | +14.6% |
| Deferred charges and accrued income | 490/1 | €1,535 | €2,402 | +€867 | +56.5% |
| Total equity and liabilities | 10/49 | €542,749 | €580,048 | +€37,299 | +6.9% |
| Equity | 10/15 | €329,173 | €364,008 | +€34,836 | +10.6% |
| Contributions | 10/11 | €12,424 | €12,424 | = | 0.0% |
| Reserves | 13 | €314,859 | €349,659 | +€34,800 | +11.1% |
| Distributable reserves | 133 | €314,859 | €349,659 | +€34,800 | +11.1% |
| Profit (loss) carried forward | 14 | €1,889 | €1,925 | +€36 | +1.9% |
| Amounts payable | 17/49 | €213,577 | €216,040 | +€2,463 | +1.2% |
| Amounts payable after more than one year | 17 | €67,863 | €47,200 | -€20,663 | -30.4% |
| Financial debts | 170/4 | €67,863 | €47,200 | -€20,663 | -30.4% |
| Amounts payable within one year | 42/48 | €145,713 | €168,840 | +€23,126 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €20,473 | €20,663 | +€191 | +0.9% |
| Trade debts | 44 | €1,577 | €348 | -€1,229 | -77.9% |
| Suppliers | 440/4 | €1,577 | €348 | -€1,229 | -77.9% |
| Taxes, remuneration and social security | 45 | €17,949 | €19,882 | +€1,933 | +10.8% |
| Taxes | 450/3 | €17,949 | €19,882 | +€1,933 | +10.8% |
| Other amounts payable | 47/48 | €105,714 | €127,946 | +€22,232 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,290 | €25,716 | +€426 | +1.7% |
| Other operating charges | 640/8 | €2,203 | €2,269 | +€66 | +3.0% |
| Gross operating margin | 9900 | €105,313 | €123,405 | +€18,092 | +17.2% |
| Operating profit (loss) | 9901 | €77,820 | €95,420 | +€17,600 | +22.6% |
| Financial income | 75/76B | €1,489 | €1,660 | +€171 | +11.5% |
| Recurring financial income | 75 | €1,489 | €1,660 | +€171 | +11.5% |
| Financial charges | 65/66B | €6,452 | €7,495 | +€1,043 | +16.2% |
| Recurring financial charges | 65 | €6,452 | €7,495 | +€1,043 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €72,857 | €89,585 | +€16,729 | +23.0% |
| Income taxes | 67/77 | €20,009 | €24,750 | +€4,741 | +23.7% |
| Profit (loss) for the period | 9904 | €52,847 | €64,836 | +€11,988 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,847 | €64,836 | +€11,988 | +22.7% |
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 22 October 2026 via checked.be.