C-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.
C-Syndic
Largest movements
- Tangible fixed assets +€312,612
up €312,612 (+271.5%), from €115,161 to €427,773
of which Land and buildings: +€307,184
- Financial fixed assets -€88,228
down €88,228 (-98.0%), from €90,000 to €1,772
- Receivables within one year +€44,529
up €44,529 (+113.8%), from €39,126 to €83,655
of which Trade receivables: +€52,906
- Debts after one year +€417,616
up €417,616 (+435.2%), from €95,950 to €513,565
- Other debts -€159,531
down €159,531 (-99.3%), from €160,649 to €1,118
- Profit (loss) carried forward -€46,731
down €46,731 (-181.7%), from -€25,723 to -€72,454
- Trade debts +€35,450
up €35,450 (+392.2%), from €9,040 to €44,490
- Tax, wage and social debts +€16,409
new in 2024: €16,409
of which Remuneration and social security: +€15,649
- Gross operating margin +€162,240
up €162,240, from -€5,701 to €156,539
- Staff costs +€137,765
new in 2024: €137,765
- Financial charges +€47,770
up €47,770 (+1741.5%), from €2,743 to €50,513
- Other operating charges -€10,373
down €10,373 (-67.5%), from €15,373 to €5,001
- Depreciation +€4,666
up €4,666 (+244.9%), from €1,905 to €6,571
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 | €253,173 | €520,133 | +€266,960 | +105.4% |
| Fixed assets | 21/28 | €205,161 | €429,544 | +€224,383 | +109.4% |
| Tangible fixed assets | 22/27 | €115,161 | €427,773 | +€312,612 | +271.5% |
| Land and buildings | 22 | €115,161 | €422,345 | +€307,184 | +266.7% |
| Furniture and vehicles | 24 | - | €5,427 | +€5,427 | |
| Financial fixed assets | 28 | €90,000 | €1,772 | -€88,228 | -98.0% |
| Current assets | 29/58 | €48,012 | €90,589 | +€42,577 | +88.7% |
| Amounts receivable within one year | 40/41 | €39,126 | €83,655 | +€44,529 | +113.8% |
| Trade receivables | 40 | €10,867 | €63,773 | +€52,906 | +486.8% |
| Other amounts receivable | 41 | €28,259 | €19,882 | -€8,377 | -29.6% |
| Cash at bank and in hand | 54/58 | €8,886 | €5,633 | -€3,253 | -36.6% |
| Deferred charges and accrued income | 490/1 | - | €1,301 | +€1,301 | |
| Total equity and liabilities | 10/49 | €253,173 | €520,133 | +€266,960 | +105.4% |
| Equity | 10/15 | -€15,723 | -€62,454 | -€46,731 | -297.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,723 | -€72,454 | -€46,731 | -181.7% |
| Amounts payable | 17/49 | €268,896 | €582,587 | +€313,691 | +116.7% |
| Amounts payable after more than one year | 17 | €95,950 | €513,565 | +€417,616 | +435.2% |
| Financial debts | 170/4 | €95,950 | €513,565 | +€417,616 | +435.2% |
| Amounts payable within one year | 42/48 | €172,946 | €66,689 | -€106,258 | -61.4% |
| Current portion of amounts payable after more than one year | 42 | €3,258 | €4,672 | +€1,414 | +43.4% |
| Trade debts | 44 | €9,040 | €44,490 | +€35,450 | +392.2% |
| Suppliers | 440/4 | €9,040 | €44,490 | +€35,450 | +392.2% |
| Taxes, remuneration and social security | 45 | - | €16,409 | +€16,409 | |
| Taxes | 450/3 | - | €760 | +€760 | |
| Remuneration and social security | 454/9 | - | €15,649 | +€15,649 | |
| Other amounts payable | 47/48 | €160,649 | €1,118 | -€159,531 | -99.3% |
| Accrued charges and deferred income | 492/3 | - | €2,333 | +€2,333 | |
| Remuneration, social security and pensions | 62 | - | €137,765 | +€137,765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,905 | €6,571 | +€4,666 | +244.9% |
| Other operating charges | 640/8 | €15,373 | €5,001 | -€10,373 | -67.5% |
| Non-recurring operating charges | 66A | - | €3,338 | +€3,338 | |
| Gross operating margin | 9900 | -€5,701 | €156,539 | +€162,240 | |
| Operating profit (loss) | 9901 | -€22,980 | €3,864 | +€26,843 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +13000.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +13000.0% |
| Financial charges | 65/66B | €2,743 | €50,513 | +€47,770 | +1741.5% |
| Recurring financial charges | 65 | €2,743 | €50,513 | +€47,770 | +1741.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,723 | -€46,647 | -€20,925 | -81.3% |
| Income taxes | 67/77 | - | €84 | +€84 | |
| Profit (loss) for the period | 9904 | -€25,723 | -€46,731 | -€21,009 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,723 | -€46,731 | -€21,009 | -81.7% |
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.