BP 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.
BP SYNDIC
Largest movements
- Tangible fixed assets +€12,050
up €12,050 (+136.3%), from €8,840 to €20,891
of which Plant, machinery and equipment: +€9,525
- Cash +€5,967
up €5,967 (+50.8%), from €11,753 to €17,720
mainly Net result for the year (+€21,827) and Trade debts (+€11,290)
- Other debts -€20,850
down €20,850 (-90.0%), from €23,167 to €2,317
- Reserves +€14,813
up €14,813 (+96.3%), from €15,380 to €30,193
- Trade debts +€11,290
up €11,290 (+314.1%), from €3,594 to €14,885
- Profit (loss) carried forward +€7,014
up €7,014, from -€7,014 to €0
- Tax, wage and social debts +€5,532
up €5,532 (+624.8%), from €885 to €6,418
- Gross operating margin +€14,674
up €14,674 (+52.0%), from €28,214 to €42,888
- Taxes +€8,555
up €8,555 (+223.4%), from €3,830 to €12,385
- Other operating charges +€1,937
up €1,937 (+217.1%), from €892 to €2,830
- Depreciation +€1,789
up €1,789 (+65.1%), from €2,747 to €4,536
- Financial charges +€750
up €750 (+132.0%), from €568 to €1,318
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 | €54,613 | €72,412 | +€17,799 | +32.6% |
| Fixed assets | 21/28 | €11,584 | €23,219 | +€11,635 | +100.4% |
| Intangible fixed assets | 21 | €2,744 | €2,329 | -€415 | -15.1% |
| Tangible fixed assets | 22/27 | €8,840 | €20,891 | +€12,050 | +136.3% |
| Plant, machinery and equipment | 23 | €0 | €9,525 | +€9,525 | |
| Furniture and vehicles | 24 | €8,840 | €11,366 | +€2,525 | +28.6% |
| Current assets | 29/58 | €43,029 | €49,193 | +€6,164 | +14.3% |
| Amounts receivable within one year | 40/41 | €29,999 | €29,807 | -€192 | -0.6% |
| Trade receivables | 40 | €26,530 | €25,225 | -€1,306 | -4.9% |
| Other amounts receivable | 41 | €3,469 | €4,583 | +€1,114 | +32.1% |
| Cash at bank and in hand | 54/58 | €11,753 | €17,720 | +€5,967 | +50.8% |
| Deferred charges and accrued income | 490/1 | €1,277 | €1,665 | +€388 | +30.4% |
| Total equity and liabilities | 10/49 | €54,613 | €72,412 | +€17,799 | +32.6% |
| Equity | 10/15 | €26,966 | €48,793 | +€21,827 | +80.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,380 | €30,193 | +€14,813 | +96.3% |
| Distributable reserves | 133 | €15,380 | €30,193 | +€14,813 | +96.3% |
| Profit (loss) carried forward | 14 | -€7,014 | €0 | +€7,014 | |
| Amounts payable | 17/49 | €27,647 | €23,619 | -€4,028 | -14.6% |
| Amounts payable within one year | 42/48 | €27,647 | €23,619 | -€4,028 | -14.6% |
| Trade debts | 44 | €3,594 | €14,885 | +€11,290 | +314.1% |
| Suppliers | 440/4 | €3,594 | €14,885 | +€11,290 | +314.1% |
| Taxes, remuneration and social security | 45 | €885 | €6,418 | +€5,532 | +624.8% |
| Taxes | 450/3 | €885 | €6,418 | +€5,532 | +624.8% |
| Other amounts payable | 47/48 | €23,167 | €2,317 | -€20,850 | -90.0% |
| Non-recurring operating income | 76A | - | €2,369 | +€2,369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,747 | €4,536 | +€1,789 | +65.1% |
| Other operating charges | 640/8 | €892 | €2,830 | +€1,937 | +217.1% |
| Gross operating margin | 9900 | €28,214 | €42,888 | +€14,674 | +52.0% |
| Operating profit (loss) | 9901 | €24,575 | €35,523 | +€10,948 | +44.5% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €568 | €1,318 | +€750 | +132.0% |
| Recurring financial charges | 65 | €568 | €1,318 | +€750 | +132.0% |
| Profit (loss) for the period before taxes | 9903 | €24,006 | €34,212 | +€10,205 | +42.5% |
| Income taxes | 67/77 | €3,830 | €12,385 | +€8,555 | +223.4% |
| Profit (loss) for the period | 9904 | €20,176 | €21,827 | +€1,650 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,176 | €21,827 | +€1,650 | +8.2% |
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 10 October 2026 via checked.be.