CYCLION: what changed
What changed
CYCLION
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€152,807
2024 · €102,012+€50,795
Equity
-€797,446
2024 · -€950,254+€152,807
Cash
€59,648
2024 · €39,505+€20,143
Balance sheet total
€526,595
2024 · €587,873-€61,278
Largest movements
Assets
- Receivables within one year -€60,338
down €60,338 (-47.9%), from €125,966 to €65,629
of which Trade receivables: -€38,498
- Cash +€20,143
up €20,143 (+51.0%), from €39,505 to €59,648
mainly Net result for the year (+€152,807) and Receivables within one year (+€60,338)
- Tangible fixed assets -€17,295
down €17,295 (-10.5%), from €165,249 to €147,954
of which Furniture and vehicles: -€9,575
Equity and liabilities
- Other debts -€206,367
down €206,367 (-16.7%), from €1.2m to €1.0m
- Profit (loss) carried forward +€152,807
up €152,807 (+12.8%), from -€1.2m to -€1.0m
- Debts after one year -€24,697
down €24,697 (-19.2%), from €128,615 to €103,918
- Trade debts +€12,782
up €12,782 (+38.8%), from €32,955 to €45,737
Income statement
- Gross operating margin +€91,984
up €91,984 (+52.3%), from €175,761 to €267,745
- Taxes +€26,621
up €26,621 (+74.1%), from €35,909 to €62,530
- Other operating charges +€20,710
up €20,710 (+693%), from €2,987 to €23,697
- Depreciation -€9,600
down €9,600 (-35.7%), from €26,894 to €17,295
- Financial charges +€4,370
up €4,370 (+50.1%), from €8,725 to €13,095
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.
Result 2024
€102,012
Gross operating margin
+€91,984
Depreciation
+€9,600
Other operating charges
-€20,710
Financial income
+€913
Financial charges
-€4,370
Taxes
-€26,621
Result 2025
€152,807
raises the resultlowers the result
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.
From operations
+€45,175
Investment
€0
Financing
-€25,032
Cash 2024
€39,505
From operations (derived)
+€45,175
Net result for the year
+€152,807
Depreciation
+€17,295
Receivables within one year
+€60,338
Deferred charges and accrued income
+€3,789
Trade debts
+€12,782
Tax, wage and social debts
+€4,531
Other debts
-€206,367
Financing
-€25,032
Debts after one year
-€24,697
Current portion of long-term debt
+€493
Short-term financial debts
-€828
Cash 2025
€59,648
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €587,873 | €526,595 | -€61,278 | -10.4% |
| Fixed assets | 21/28 | €165,299 | €148,004 | -€17,295 | -10.5% |
| Tangible fixed assets | 22/27 | €165,249 | €147,954 | -€17,295 | -10.5% |
| Land and buildings | 22 | €9,800 | €5,505 | -€4,295 | -43.8% |
| Plant, machinery and equipment | 23 | €2,880 | €2,016 | -€865 | -30.0% |
| Furniture and vehicles | 24 | €24,829 | €15,254 | -€9,575 | -38.6% |
| Other tangible fixed assets | 26 | €127,739 | €125,179 | -€2,560 | -2.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €422,574 | €378,591 | -€43,983 | -10.4% |
| Amounts receivable within one year | 40/41 | €125,966 | €65,629 | -€60,338 | -47.9% |
| Trade receivables | 40 | €103,717 | €65,219 | -€38,498 | -37.1% |
| Other amounts receivable | 41 | €22,249 | €410 | -€21,840 | -98.2% |
| Current investments | 50/53 | €249,982 | €249,982 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,505 | €59,648 | +€20,143 | +51.0% |
| Deferred charges and accrued income | 490/1 | €7,121 | €3,332 | -€3,789 | -53.2% |
| Total equity and liabilities | 10/49 | €587,873 | €526,595 | -€61,278 | -10.4% |
| Equity | 10/15 | -€950,254 | -€797,446 | +€152,807 | +16.1% |
| Contributions | 10/11 | €218,550 | €218,550 | = | 0.0% |
| Reserves | 13 | €25,357 | €25,357 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,357 | €25,357 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,194,161 | -€1,041,353 | +€152,807 | +12.8% |
| Provisions and deferred taxes | 16 | €60,525 | €60,525 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,525 | €60,525 | = | 0.0% |
| Pensions and similar obligations | 160 | €60,525 | €60,525 | = | 0.0% |
| Amounts payable | 17/49 | €1,477,602 | €1,263,516 | -€214,086 | -14.5% |
| Amounts payable after more than one year | 17 | €128,615 | €103,918 | -€24,697 | -19.2% |
| Financial debts | 170/4 | €128,615 | €103,918 | -€24,697 | -19.2% |
| Amounts payable within one year | 42/48 | €1,345,986 | €1,156,598 | -€189,388 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €24,204 | €24,697 | +€493 | +2.0% |
| Financial debts | 43 | €828 | €0 | -€828 | -100% |
| Credit institutions | 430/8 | €828 | €0 | -€828 | -100% |
| Trade debts | 44 | €32,955 | €45,737 | +€12,782 | +38.8% |
| Suppliers | 440/4 | €32,955 | €45,737 | +€12,782 | +38.8% |
| Taxes, remuneration and social security | 45 | €50,993 | €55,524 | +€4,531 | +8.9% |
| Taxes | 450/3 | €50,993 | €55,524 | +€4,531 | +8.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,237,006 | €1,030,639 | -€206,367 | -16.7% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Non-recurring operating income | 76A | €3 | €0 | -€3 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,894 | €17,295 | -€9,600 | -35.7% |
| Other operating charges | 640/8 | €2,987 | €23,697 | +€20,710 | +693% |
| Gross operating margin | 9900 | €175,761 | €267,745 | +€91,984 | +52.3% |
| Operating profit (loss) | 9901 | €145,880 | €226,753 | +€80,873 | +55.4% |
| Financial income | 75/76B | €767 | €1,680 | +€913 | +119% |
| Recurring financial income | 75 | €767 | €1,680 | +€913 | +119% |
| Financial charges | 65/66B | €8,725 | €13,095 | +€4,370 | +50.1% |
| Recurring financial charges | 65 | €8,725 | €13,095 | +€4,370 | +50.1% |
| Profit (loss) for the period before taxes | 9903 | €137,922 | €215,338 | +€77,416 | +56.1% |
| Income taxes | 67/77 | €35,909 | €62,530 | +€26,621 | +74.1% |
| Profit (loss) for the period | 9904 | €102,012 | €152,807 | +€50,795 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €102,012 | €152,807 | +€50,795 | +49.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.