CYVAST: 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.
CYVAST
Largest movements
- Cash +€15,122
up €15,122 (+34.7%), from €43,534 to €58,656
mainly Net result for the year (+€18,096) and Tax, wage and social debts (+€6,538)
- Receivables within one year +€9,476
up €9,476 (+401.8%), from €2,358 to €11,834
of which Trade receivables: +€7,534
- Profit (loss) carried forward +€18,096
up €18,096 (+46.9%), from €38,587 to €56,684
- Tax, wage and social debts +€6,538
up €6,538 (+113.1%), from €5,783 to €12,321
- Gross operating margin +€20,687
up €20,687 (+542.8%), from €3,811 to €24,498
- Taxes +€4,310
up €4,310 (+445.0%), from €968 to €5,278
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 | €49,021 | €73,403 | +€24,383 | +49.7% |
| Fixed assets | 21/28 | €3,128 | €2,675 | -€453 | -14.5% |
| Intangible fixed assets | 21 | €2,208 | €1,958 | -€250 | -11.3% |
| Tangible fixed assets | 22/27 | €921 | €718 | -€203 | -22.1% |
| Furniture and vehicles | 24 | €921 | €718 | -€203 | -22.1% |
| Current assets | 29/58 | €45,892 | €70,728 | +€24,836 | +54.1% |
| Amounts receivable within one year | 40/41 | €2,358 | €11,834 | +€9,476 | +401.8% |
| Trade receivables | 40 | €234 | €7,768 | +€7,534 | +3220.9% |
| Other amounts receivable | 41 | €2,124 | €4,066 | +€1,942 | +91.4% |
| Cash at bank and in hand | 54/58 | €43,534 | €58,656 | +€15,122 | +34.7% |
| Deferred charges and accrued income | 490/1 | - | €238 | +€238 | |
| Total equity and liabilities | 10/49 | €49,021 | €73,403 | +€24,383 | +49.7% |
| Equity | 10/15 | €41,587 | €59,684 | +€18,096 | +43.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,587 | €56,684 | +€18,096 | +46.9% |
| Amounts payable | 17/49 | €7,434 | €13,720 | +€6,286 | +84.6% |
| Amounts payable within one year | 42/48 | €6,054 | €12,321 | +€6,267 | +103.5% |
| Trade debts | 44 | €271 | €0 | -€271 | -100.0% |
| Suppliers | 440/4 | €271 | €0 | -€271 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,783 | €12,321 | +€6,538 | +113.1% |
| Taxes | 450/3 | €5,783 | €12,321 | +€6,538 | +113.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,380 | €1,399 | +€19 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €345 | €453 | +€108 | +31.3% |
| Other operating charges | 640/8 | €719 | €621 | -€97 | -13.5% |
| Gross operating margin | 9900 | €3,811 | €24,498 | +€20,687 | +542.8% |
| Operating profit (loss) | 9901 | €2,747 | €23,423 | +€20,676 | +752.6% |
| Financial income | 75/76B | €207 | €168 | -€40 | -19.1% |
| Recurring financial income | 75 | €207 | €168 | -€40 | -19.1% |
| Financial charges | 65/66B | €175 | €217 | +€42 | +23.9% |
| Recurring financial charges | 65 | €175 | €217 | +€42 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €2,780 | €23,375 | +€20,595 | +740.8% |
| Income taxes | 67/77 | €968 | €5,278 | +€4,310 | +445.0% |
| Profit (loss) for the period | 9904 | €1,812 | €18,096 | +€16,285 | +898.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,812 | €18,096 | +€16,285 | +898.9% |
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 10 October 2026 via checked.be.