CYTHI: what changed
Two fiscal 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.
CYTHI
Largest movements
- Tangible fixed assets +€13,907
up €13,907 (+5.2%), from €269,319 to €283,226
of which Land and buildings: +€11,317
- Current investments -€10,316
down €10,316 (-5.5%), from €187,424 to €177,108
- Receivables within one year -€9,129
down €9,129 (-70.8%), from €12,903 to €3,774
of which Other amounts receivable: -€10,489
- Debts after one year -€10,145
down €10,145 (-13.0%), from €78,256 to €68,111
- Reserves -€6,052
down €6,052 (-1.7%), from €361,181 to €355,129
of which Tax-exempt reserves: -€6,052
- Other operating charges -€7,104
down €7,104 (-78.2%), from €9,089 to €1,985
- Financial charges -€4,541
down €4,541 (-204.3%), from -€2,223 to -€6,764
- Financial income +€3,001
up €3,001 (+60.5%), from €4,963 to €7,964
- Gross operating margin -€1,329
down €1,329 (-13.9%), from €9,582 to €8,253
- Taxes +€1,000
new in 2025: €1,000
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 | €546,573 | €532,177 | -€14,396 | -2.6% |
| Fixed assets | 21/28 | €324,319 | €333,226 | +€8,907 | +2.7% |
| Tangible fixed assets | 22/27 | €269,319 | €283,226 | +€13,907 | +5.2% |
| Land and buildings | 22 | €269,319 | €280,636 | +€11,317 | +4.2% |
| Plant, machinery and equipment | 23 | - | €2,590 | +€2,590 | |
| Financial fixed assets | 28 | €55,000 | €50,000 | -€5,000 | -9.1% |
| Current assets | 29/58 | €222,253 | €198,951 | -€23,303 | -10.5% |
| Amounts receivable within one year | 40/41 | €12,903 | €3,774 | -€9,129 | -70.8% |
| Trade receivables | 40 | - | €1,360 | +€1,360 | |
| Other amounts receivable | 41 | €12,903 | €2,414 | -€10,489 | -81.3% |
| Current investments | 50/53 | €187,424 | €177,108 | -€10,316 | -5.5% |
| Cash at bank and in hand | 54/58 | €12,229 | €9,254 | -€2,975 | -24.3% |
| Deferred charges and accrued income | 490/1 | €9,697 | €8,815 | -€882 | -9.1% |
| Total equity and liabilities | 10/49 | €546,573 | €532,177 | -€14,396 | -2.6% |
| Equity | 10/15 | €390,051 | €388,805 | -€1,246 | -0.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €361,181 | €355,129 | -€6,052 | -1.7% |
| Tax-exempt reserves | 132 | €101,181 | €95,129 | -€6,052 | -6.0% |
| Distributable reserves | 133 | €260,000 | €260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,870 | €8,676 | +€4,806 | +124.2% |
| Provisions and deferred taxes | 16 | €33,727 | €31,710 | -€2,017 | -6.0% |
| Deferred taxes | 168 | €33,727 | €31,710 | -€2,017 | -6.0% |
| Amounts payable | 17/49 | €122,795 | €111,662 | -€11,133 | -9.1% |
| Amounts payable after more than one year | 17 | €78,256 | €68,111 | -€10,145 | -13.0% |
| Financial debts | 170/4 | €78,256 | €68,111 | -€10,145 | -13.0% |
| Amounts payable within one year | 42/48 | €36,533 | €35,082 | -€1,451 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €9,910 | €11,135 | +€1,225 | +12.4% |
| Trade debts | 44 | €847 | €1,171 | +€324 | +38.2% |
| Suppliers | 440/4 | €847 | €1,171 | +€324 | +38.2% |
| Taxes, remuneration and social security | 45 | - | €1,500 | +€1,500 | |
| Taxes | 450/3 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €25,776 | €21,276 | -€4,500 | -17.5% |
| Accrued charges and deferred income | 492/3 | €8,005 | €8,469 | +€464 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,153 | €13,258 | +€105 | +0.8% |
| Other operating charges | 640/8 | €9,089 | €1,985 | -€7,104 | -78.2% |
| Gross operating margin | 9900 | €9,582 | €8,253 | -€1,329 | -13.9% |
| Operating profit (loss) | 9901 | -€12,660 | -€6,991 | +€5,669 | +44.8% |
| Financial income | 75/76B | €4,963 | €7,964 | +€3,001 | +60.5% |
| Recurring financial income | 75 | €4,963 | €7,964 | +€3,001 | +60.5% |
| Financial charges | 65/66B | -€2,223 | -€6,764 | -€4,541 | -204.3% |
| Recurring financial charges | 65 | -€2,223 | -€6,764 | -€4,541 | -204.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,474 | €7,737 | +€13,211 | |
| Transfer from deferred taxes | 780 | €2,017 | €2,017 | = | 0.0% |
| Income taxes | 67/77 | - | €1,000 | +€1,000 | |
| Profit (loss) for the period | 9904 | -€3,457 | €8,754 | +€12,211 | |
| Transfer from tax-exempt reserves | 789 | €6,052 | €6,052 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,595 | €14,806 | +€12,211 | +470.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.