E-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.
E-SYNDIC
Largest movements
- Receivables within one year +€612
up €612 (+30.6%), from €2,000 to €2,612
of which Trade receivables: +€972
- Trade debts +€387
new in 2025: €387
- Profit (loss) carried forward +€243
up €243 (+0.6%), from -€37,847 to -€37,605
- Gross operating margin -€1,635
down €1,635 (-83.7%), from €1,953 to €319
- Financial charges +€28
up €28 (+58.4%), from €48 to €76
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 | €2,447 | €3,076 | +€629 | +25.7% |
| Current assets | 29/58 | €2,447 | €3,076 | +€629 | +25.7% |
| Amounts receivable within one year | 40/41 | €2,000 | €2,612 | +€612 | +30.6% |
| Trade receivables | 40 | - | €972 | +€972 | |
| Other amounts receivable | 41 | €2,000 | €1,640 | -€360 | -18.0% |
| Cash at bank and in hand | 54/58 | €447 | €464 | +€17 | +3.8% |
| Total equity and liabilities | 10/49 | €2,447 | €3,076 | +€629 | +25.7% |
| Equity | 10/15 | €2,153 | €2,395 | +€243 | +11.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,847 | -€37,605 | +€243 | +0.6% |
| Amounts payable | 17/49 | €294 | €681 | +€387 | +131.5% |
| Amounts payable within one year | 42/48 | €294 | €681 | +€387 | +131.5% |
| Trade debts | 44 | - | €387 | +€387 | |
| Suppliers | 440/4 | - | €387 | +€387 | |
| Other amounts payable | 47/48 | €294 | €294 | = | 0.0% |
| Gross operating margin | 9900 | €1,953 | €319 | -€1,635 | -83.7% |
| Operating profit (loss) | 9901 | €1,953 | €319 | -€1,635 | -83.7% |
| Financial charges | 65/66B | €48 | €76 | +€28 | +58.4% |
| Recurring financial charges | 65 | €48 | €76 | +€28 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €1,905 | €243 | -€1,663 | -87.3% |
| Profit (loss) for the period | 9904 | €1,905 | €243 | -€1,663 | -87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,905 | €243 | -€1,663 | -87.3% |
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 2 October 2026 via checked.be.