CAP SYNCHRO: 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.
CAP SYNCHRO
Largest movements
- Cash +€5,335
up €5,335 (+68.9%), from €7,740 to €13,076
mainly Net result for the year (+€8,073) and Deferred charges and accrued income (+€4,382)
- Deferred charges and accrued income -€4,382
down €4,382 (-25.0%), from €17,519 to €13,137
- Receivables within one year +€2,965
up €2,965 (+97.4%), from €3,045 to €6,009
of which Other amounts receivable: +€2,530
- Financial fixed assets +€750
new in 2025: €750
- Profit (loss) carried forward +€7,073
up €7,073 (+2490.9%), from €284 to €7,357
- Tax, wage and social debts -€1,751
down €1,751 (-32.1%), from €5,459 to €3,708
- Trade debts -€1,357
down €1,357 (-57.1%), from €2,375 to €1,019
- Other debts +€881
up €881 (+737.5%), from €119 to €1,000
- Gross operating margin -€6,417
down €6,417 (-34.9%), from €18,402 to €11,985
- Taxes -€3,042
down €3,042 (-59.6%), from €5,100 to €2,059
- Depreciation -€1,421
down €1,421 (-63.7%), from €2,232 to €811
- Other operating charges -€372
down €372 (-47.5%), from €784 to €412
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 | €31,998 | €36,844 | +€4,846 | +15.1% |
| Fixed assets | 21/28 | €3,694 | €4,621 | +€927 | +25.1% |
| Tangible fixed assets | 22/27 | €3,694 | €3,871 | +€177 | +4.8% |
| Plant, machinery and equipment | 23 | €2,061 | €1,564 | -€497 | -24.1% |
| Furniture and vehicles | 24 | €1,633 | €2,307 | +€674 | +41.3% |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €28,304 | €32,222 | +€3,918 | +13.8% |
| Amounts receivable within one year | 40/41 | €3,045 | €6,009 | +€2,965 | +97.4% |
| Trade receivables | 40 | - | €434 | +€434 | |
| Other amounts receivable | 41 | €3,045 | €5,575 | +€2,530 | +83.1% |
| Cash at bank and in hand | 54/58 | €7,740 | €13,076 | +€5,335 | +68.9% |
| Deferred charges and accrued income | 490/1 | €17,519 | €13,137 | -€4,382 | -25.0% |
| Total equity and liabilities | 10/49 | €31,998 | €36,844 | +€4,846 | +15.1% |
| Equity | 10/15 | €24,044 | €31,117 | +€7,073 | +29.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,360 | €11,360 | = | 0.0% |
| Distributable reserves | 133 | €11,360 | €11,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284 | €7,357 | +€7,073 | +2490.9% |
| Amounts payable | 17/49 | €7,954 | €5,727 | -€2,227 | -28.0% |
| Amounts payable within one year | 42/48 | €7,954 | €5,727 | -€2,227 | -28.0% |
| Trade debts | 44 | €2,375 | €1,019 | -€1,357 | -57.1% |
| Suppliers | 440/4 | €2,375 | €1,019 | -€1,357 | -57.1% |
| Taxes, remuneration and social security | 45 | €5,459 | €3,708 | -€1,751 | -32.1% |
| Taxes | 450/3 | €5,459 | €3,708 | -€1,751 | -32.1% |
| Other amounts payable | 47/48 | €119 | €1,000 | +€881 | +737.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,232 | €811 | -€1,421 | -63.7% |
| Other operating charges | 640/8 | €784 | €412 | -€372 | -47.5% |
| Non-recurring operating charges | 66A | - | €492 | +€492 | |
| Gross operating margin | 9900 | €18,402 | €11,985 | -€6,417 | -34.9% |
| Operating profit (loss) | 9901 | €15,387 | €10,270 | -€5,116 | -33.3% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €146 | €162 | +€16 | +11.3% |
| Recurring financial charges | 65 | €146 | €162 | +€16 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €15,241 | €10,131 | -€5,110 | -33.5% |
| Income taxes | 67/77 | €5,100 | €2,059 | -€3,042 | -59.6% |
| Profit (loss) for the period | 9904 | €10,141 | €8,073 | -€2,068 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,141 | €8,073 | -€2,068 | -20.4% |
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 4 October 2026 via checked.be.