TSURIEL CYBER&IT: what changed
TSURIEL CYBER&IT
Largest movements
- Cash -€22,078
down €22,078 (-27.9%), from €79,001 to €56,923
mainly Trade debts (-€66,740) and Investment in fixed assets (net) (-€3,134)
- Receivables within one year -€13,576
down €13,576 (-42.4%), from €32,008 to €18,432
of which Trade receivables: -€28,647
- Tangible fixed assets -€6,649
down €6,649 (-16.3%), from €40,893 to €34,245
of which Furniture and vehicles: -€7,465
- Trade debts -€66,740
down €66,740 (-88.7%), from €75,268 to €8,528
- Tax, wage and social debts +€13,155
up €13,155 (+92.2%), from €14,266 to €27,421
of which Remuneration and social security: +€16,152
- Profit (loss) carried forward +€10,707
up €10,707 (+17.6%), from €60,750 to €71,457
- Staff costs +€26,306
new in 2025: €26,306
- Gross operating margin +€24,962
up €24,962 (+96.0%), from €26,007 to €50,968
- Depreciation +€6,045
up €6,045 (+162%), from €3,737 to €9,782
- Taxes -€860
down €860 (-16.6%), from €5,194 to €4,333
- Financial income +€680
up €680 (+272%), from €250 to €931
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,379 | €109,599 | -€42,781 | -28.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €40,893 | €34,245 | -€6,649 | -16.3% |
| Tangible fixed assets | 22/27 | €40,893 | €34,245 | -€6,649 | -16.3% |
| Plant, machinery and equipment | 23 | €2,055 | €2,871 | +€816 | +39.7% |
| Furniture and vehicles | 24 | €38,838 | €31,373 | -€7,465 | -19.2% |
| Current assets | 29/58 | €111,486 | €75,354 | -€36,132 | -32.4% |
| Amounts receivable within one year | 40/41 | €32,008 | €18,432 | -€13,576 | -42.4% |
| Trade receivables | 40 | €28,647 | €0 | -€28,647 | -100% |
| Other amounts receivable | 41 | €3,361 | €18,432 | +€15,070 | +448% |
| Cash at bank and in hand | 54/58 | €79,001 | €56,923 | -€22,078 | -27.9% |
| Deferred charges and accrued income | 490/1 | €477 | - | -€477 | |
| Total equity and liabilities | 10/49 | €152,379 | €109,599 | -€42,781 | -28.1% |
| Equity | 10/15 | €62,750 | €73,457 | +€10,707 | +17.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,750 | €71,457 | +€10,707 | +17.6% |
| Amounts payable | 17/49 | €89,629 | €36,141 | -€53,488 | -59.7% |
| Amounts payable within one year | 42/48 | €89,533 | €35,949 | -€53,585 | -59.8% |
| Trade debts | 44 | €75,268 | €8,528 | -€66,740 | -88.7% |
| Suppliers | 440/4 | €75,268 | €8,528 | -€66,740 | -88.7% |
| Taxes, remuneration and social security | 45 | €14,266 | €27,421 | +€13,155 | +92.2% |
| Taxes | 450/3 | €14,266 | €11,268 | -€2,997 | -21.0% |
| Remuneration and social security | 454/9 | - | €16,152 | +€16,152 | |
| Accrued charges and deferred income | 492/3 | €96 | €193 | +€97 | +101% |
| Remuneration, social security and pensions | 62 | - | €26,306 | +€26,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,737 | €9,782 | +€6,045 | +162% |
| Other operating charges | 640/8 | €66 | €67 | +€1 | +2.0% |
| Gross operating margin | 9900 | €26,007 | €50,968 | +€24,962 | +96.0% |
| Operating profit (loss) | 9901 | €22,204 | €14,813 | -€7,391 | -33.3% |
| Financial income | 75/76B | €250 | €931 | +€680 | +272% |
| Recurring financial income | 75 | €250 | €931 | +€680 | +272% |
| Financial charges | 65/66B | €276 | €703 | +€427 | +155% |
| Recurring financial charges | 65 | €276 | €703 | +€427 | +155% |
| Profit (loss) for the period before taxes | 9903 | €22,178 | €15,040 | -€7,137 | -32.2% |
| Income taxes | 67/77 | €5,194 | €4,333 | -€860 | -16.6% |
| Profit (loss) for the period | 9904 | €16,984 | €10,707 | -€6,277 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,984 | €10,707 | -€6,277 | -37.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.