BE-SYNDIC: 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.
BE-SYNDIC
Largest movements
- Tangible fixed assets +€31,786
up €31,786 (+942.4%), from €3,373 to €35,159
of which Furniture and vehicles: +€32,059
- Deferred charges and accrued income +€3,055
up €3,055 (+629.9%), from €485 to €3,540
- Cash -€1,994
down €1,994 (-17.2%), from €11,581 to €9,587
mainly Investment in fixed assets (net) (-€39,506) and Deferred charges and accrued income (-€3,055)
- Trade debts +€15,612
up €15,612 (+624.2%), from €2,501 to €18,113
- Tax, wage and social debts +€15,325
up €15,325 (+175.0%), from €8,755 to €24,080
of which Taxes: +€9,353
- Profit (loss) carried forward +€2,811
up €2,811 (+4.3%), from €66,128 to €68,939
- Purchases and services -€120,609
no longer reported in 2024 (was €120,609)
- Taxes +€22,563
new in 2024: €22,563
- Staff costs -€7,439
down €7,439 (-9.0%), from €82,403 to €74,964
- Gross operating margin +€6,964
up €6,964 (+6.8%), from €102,793 to €109,757
- Depreciation +€6,071
up €6,071 (+368.2%), from €1,649 to €7,720
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,384 | €114,132 | +€33,748 | +42.0% |
| Fixed assets | 21/28 | €3,373 | €35,159 | +€31,786 | +942.4% |
| Tangible fixed assets | 22/27 | €3,373 | €35,159 | +€31,786 | +942.4% |
| Plant, machinery and equipment | 23 | €273 | €0 | -€273 | -100.0% |
| Furniture and vehicles | 24 | €3,100 | €35,159 | +€32,059 | +1034.2% |
| Current assets | 29/58 | €77,011 | €78,973 | +€1,962 | +2.5% |
| Amounts receivable within one year | 40/41 | €64,945 | €65,846 | +€901 | +1.4% |
| Trade receivables | 40 | €6,317 | €17,070 | +€10,753 | +170.2% |
| Other amounts receivable | 41 | €58,628 | €48,776 | -€9,852 | -16.8% |
| Cash at bank and in hand | 54/58 | €11,581 | €9,587 | -€1,994 | -17.2% |
| Deferred charges and accrued income | 490/1 | €485 | €3,540 | +€3,055 | +629.9% |
| Total equity and liabilities | 10/49 | €80,384 | €114,132 | +€33,748 | +42.0% |
| Equity | 10/15 | €69,128 | €71,939 | +€2,811 | +4.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,128 | €68,939 | +€2,811 | +4.3% |
| Amounts payable | 17/49 | €11,256 | €42,193 | +€30,937 | +274.8% |
| Amounts payable within one year | 42/48 | €11,256 | €42,193 | +€30,937 | +274.8% |
| Trade debts | 44 | €2,501 | €18,113 | +€15,612 | +624.2% |
| Suppliers | 440/4 | €2,501 | €18,113 | +€15,612 | +624.2% |
| Taxes, remuneration and social security | 45 | €8,755 | €24,080 | +€15,325 | +175.0% |
| Taxes | 450/3 | €7,750 | €17,103 | +€9,353 | +120.7% |
| Remuneration and social security | 454/9 | €1,005 | €6,977 | +€5,972 | +594.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €120,609 | - | -€120,609 | |
| Remuneration, social security and pensions | 62 | €82,403 | €74,964 | -€7,439 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,649 | €7,720 | +€6,071 | +368.2% |
| Other operating charges | 640/8 | €2,075 | €955 | -€1,120 | -54.0% |
| Gross operating margin | 9900 | €102,793 | €109,757 | +€6,964 | +6.8% |
| Operating profit (loss) | 9901 | €16,666 | €26,118 | +€9,452 | +56.7% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €342 | €757 | +€415 | +121.3% |
| Recurring financial charges | 65 | €342 | €757 | +€415 | +121.3% |
| Profit (loss) for the period before taxes | 9903 | €16,324 | €25,374 | +€9,050 | +55.4% |
| Income taxes | 67/77 | - | €22,563 | +€22,563 | |
| Profit (loss) for the period | 9904 | €16,324 | €2,811 | -€13,513 | -82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,324 | €2,811 | -€13,513 | -82.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.