SYBERMAT: 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.
SYBERMAT
Largest movements
- Receivables within one year -€216,649
down €216,649 (-59.8%), from €362,257 to €145,609
- Deferred charges and accrued income -€32,172
down €32,172 (-35.5%), from €90,739 to €58,567
- Tangible fixed assets +€25,173
up €25,173 (+136.8%), from €18,402 to €43,574
of which Furniture and vehicles: +€32,452
- Trade debts -€304,990
down €304,990 (-92.4%), from €330,023 to €25,033
- Profit (loss) carried forward +€68,704
up €68,704 (+75.7%), from -€90,756 to -€22,052
- Other debts +€26,937
up €26,937 (+549.3%), from €4,904 to €31,841
- Short-term financial debts -€17,500
down €17,500 (-25.0%), from €70,000 to €52,500
- Accrued charges and deferred income +€6,952
up €6,952 (+265.5%), from €2,619 to €9,571
- Gross operating margin -€8,454
down €8,454 (-8.9%), from €95,087 to €86,633
- Staff costs -€4,643
no longer reported in 2025 (was €4,643)
- Other operating charges -€1,726
down €1,726 (-81.2%), from €2,126 to €400
- Financial charges -€1,714
down €1,714 (-18.4%), from €9,325 to €7,611
- Depreciation +€1,370
up €1,370 (+16.0%), from €8,548 to €9,918
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 | €601,232 | €381,336 | -€219,896 | -36.6% |
| Fixed assets | 21/28 | €18,402 | €43,574 | +€25,173 | +136.8% |
| Tangible fixed assets | 22/27 | €18,402 | €43,574 | +€25,173 | +136.8% |
| Plant, machinery and equipment | 23 | €18,402 | €11,123 | -€7,279 | -39.6% |
| Furniture and vehicles | 24 | - | €32,452 | +€32,452 | |
| Current assets | 29/58 | €582,830 | €337,762 | -€245,069 | -42.0% |
| Stocks and contracts in progress | 3 | €121,798 | €125,793 | +€3,995 | +3.3% |
| Stocks | 30/36 | €121,798 | €125,793 | +€3,995 | +3.3% |
| Amounts receivable within one year | 40/41 | €362,257 | €145,609 | -€216,649 | -59.8% |
| Trade receivables | 40 | €362,257 | €145,609 | -€216,649 | -59.8% |
| Cash at bank and in hand | 54/58 | €8,036 | €7,793 | -€243 | -3.0% |
| Deferred charges and accrued income | 490/1 | €90,739 | €58,567 | -€32,172 | -35.5% |
| Total equity and liabilities | 10/49 | €601,232 | €381,336 | -€219,896 | -36.6% |
| Equity | 10/15 | €193,686 | €262,391 | +€68,704 | +35.5% |
| Contributions | 10/11 | €247,050 | €247,050 | = | 0.0% |
| Capital | 10 | €247,050 | €247,050 | = | 0.0% |
| Issued capital | 100 | €247,050 | €247,050 | = | 0.0% |
| Reserves | 13 | €37,393 | €37,393 | = | 0.0% |
| Non-distributable reserves | 130/1 | €37,393 | €37,393 | = | 0.0% |
| Legal reserve | 130 | €37,393 | €37,393 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,756 | -€22,052 | +€68,704 | +75.7% |
| Amounts payable | 17/49 | €407,546 | €118,946 | -€288,600 | -70.8% |
| Amounts payable within one year | 42/48 | €404,927 | €109,374 | -€295,553 | -73.0% |
| Financial debts | 43 | €70,000 | €52,500 | -€17,500 | -25.0% |
| Credit institutions | 430/8 | €70,000 | €52,500 | -€17,500 | -25.0% |
| Trade debts | 44 | €330,023 | €25,033 | -€304,990 | -92.4% |
| Suppliers | 440/4 | €330,023 | €25,033 | -€304,990 | -92.4% |
| Other amounts payable | 47/48 | €4,904 | €31,841 | +€26,937 | +549.3% |
| Accrued charges and deferred income | 492/3 | €2,619 | €9,571 | +€6,952 | +265.5% |
| Remuneration, social security and pensions | 62 | €4,643 | - | -€4,643 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,548 | €9,918 | +€1,370 | +16.0% |
| Other operating charges | 640/8 | €2,126 | €400 | -€1,726 | -81.2% |
| Gross operating margin | 9900 | €95,087 | €86,633 | -€8,454 | -8.9% |
| Operating profit (loss) | 9901 | €79,770 | €76,316 | -€3,454 | -4.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9,325 | €7,611 | -€1,714 | -18.4% |
| Recurring financial charges | 65 | €9,325 | €7,611 | -€1,714 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €70,445 | €68,704 | -€1,741 | -2.5% |
| Income taxes | 67/77 | €295 | - | -€295 | |
| Profit (loss) for the period | 9904 | €70,150 | €68,704 | -€1,446 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,150 | €68,704 | -€1,446 | -2.1% |
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 11 October 2026 via checked.be.