B Syndic: 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.
B Syndic
Largest movements
- Receivables within one year +€17,051
up €17,051 (+151.8%), from €11,234 to €28,285
of which Trade receivables: +€12,482
- Receivables after one year -€12,500
down €12,500 (-62.5%), from €20,000 to €7,500
- Tangible fixed assets -€7,615
down €7,615 (-32.4%), from €23,505 to €15,890
of which Furniture and vehicles: -€7,499
- Cash -€7,592
down €7,592 (-9.7%), from €78,185 to €70,593
mainly Contributions, distributions and other (-€45,000) and Receivables within one year (-€17,051)
- Debts after one year -€11,033
down €11,033 (-48.8%), from €22,612 to €11,578
- Reserves +€3,000
up €3,000 (+7.7%), from €38,860 to €41,860
- Other operating charges +€5,100
up €5,100 (+222.4%), from €2,293 to €7,393
- Staff costs -€3,741
down €3,741 (-18.3%), from €20,472 to €16,731
- Gross operating margin +€3,650
up €3,650 (+3.9%), from €93,721 to €97,372
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 | €136,055 | €125,148 | -€10,907 | -8.0% |
| Fixed assets | 21/28 | €25,895 | €18,280 | -€7,615 | -29.4% |
| Tangible fixed assets | 22/27 | €23,505 | €15,890 | -€7,615 | -32.4% |
| Furniture and vehicles | 24 | €23,148 | €15,649 | -€7,499 | -32.4% |
| Other tangible fixed assets | 26 | €358 | €242 | -€116 | -32.4% |
| Financial fixed assets | 28 | €2,390 | €2,390 | = | 0.0% |
| Current assets | 29/58 | €110,160 | €106,867 | -€3,292 | -3.0% |
| Amounts receivable after more than one year | 29 | €20,000 | €7,500 | -€12,500 | -62.5% |
| Trade receivables | 290 | €20,000 | €7,500 | -€12,500 | -62.5% |
| Amounts receivable within one year | 40/41 | €11,234 | €28,285 | +€17,051 | +151.8% |
| Trade receivables | 40 | €1,967 | €14,449 | +€12,482 | +634.6% |
| Other amounts receivable | 41 | €9,267 | €13,836 | +€4,569 | +49.3% |
| Cash at bank and in hand | 54/58 | €78,185 | €70,593 | -€7,592 | -9.7% |
| Deferred charges and accrued income | 490/1 | €740 | €488 | -€252 | -34.0% |
| Total equity and liabilities | 10/49 | €136,055 | €125,148 | -€10,907 | -8.0% |
| Equity | 10/15 | €46,506 | €48,322 | +€1,816 | +3.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,860 | €41,860 | +€3,000 | +7.7% |
| Distributable reserves | 133 | €38,860 | €41,860 | +€3,000 | +7.7% |
| Profit (loss) carried forward | 14 | €1,446 | €262 | -€1,184 | -81.9% |
| Amounts payable | 17/49 | €89,549 | €76,826 | -€12,723 | -14.2% |
| Amounts payable after more than one year | 17 | €22,612 | €11,578 | -€11,033 | -48.8% |
| Financial debts | 170/4 | €22,612 | €11,578 | -€11,033 | -48.8% |
| Amounts payable within one year | 42/48 | €66,938 | €65,248 | -€1,690 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €10,427 | €11,033 | +€607 | +5.8% |
| Trade debts | 44 | €4,920 | €5,092 | +€172 | +3.5% |
| Suppliers | 440/4 | €4,920 | €5,092 | +€172 | +3.5% |
| Taxes, remuneration and social security | 45 | €4,272 | €3,163 | -€1,109 | -26.0% |
| Taxes | 450/3 | - | €2,398 | +€2,398 | |
| Remuneration and social security | 454/9 | €4,272 | €765 | -€3,507 | -82.1% |
| Other amounts payable | 47/48 | €47,319 | €45,959 | -€1,359 | -2.9% |
| Remuneration, social security and pensions | 62 | €20,472 | €16,731 | -€3,741 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,957 | €10,029 | -€928 | -8.5% |
| Other operating charges | 640/8 | €2,293 | €7,393 | +€5,100 | +222.4% |
| Gross operating margin | 9900 | €93,721 | €97,372 | +€3,650 | +3.9% |
| Operating profit (loss) | 9901 | €59,999 | €63,218 | +€3,219 | +5.4% |
| Financial income | 75/76B | €1,902 | €1,430 | -€472 | -24.8% |
| Recurring financial income | 75 | €1,902 | €1,430 | -€472 | -24.8% |
| Financial charges | 65/66B | €2,925 | €2,081 | -€844 | -28.9% |
| Recurring financial charges | 65 | €2,925 | €2,081 | -€844 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €58,976 | €62,566 | +€3,590 | +6.1% |
| Income taxes | 67/77 | €14,958 | €15,750 | +€792 | +5.3% |
| Profit (loss) for the period | 9904 | €44,018 | €46,816 | +€2,799 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,018 | €46,816 | +€2,799 | +6.4% |
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 5 October 2026 via checked.be.