EASY 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.
EASY SYNDIC
Largest movements
- Receivables within one year -€151,983
down €151,983 (-15.4%), from €987,429 to €835,446
of which Trade receivables: -€202,302
- Intangible fixed assets +€106,089
up €106,089 (+202.6%), from €52,372 to €158,461
- Cash -€76,144
down €76,144 (-95.7%), from €79,562 to €3,418
mainly Investment in fixed assets (net) (-€179,480) and Trade debts (-€177,640)
- Trade debts -€177,640
down €177,640 (-68.0%), from €261,284 to €83,644
- Other debts +€93,552
up €93,552 (+29.7%), from €315,279 to €408,831
- Profit (loss) carried forward -€88,474
down €88,474 (-104.3%), from -€84,835 to -€173,309
- Tax, wage and social debts +€33,497
up €33,497 (+9.0%), from €370,477 to €403,974
of which Taxes: +€29,632
- Gross operating margin +€538,354
up €538,354 (+20.6%), from €2.6m to €3.2m
- Staff costs +€425,503
up €425,503 (+16.8%), from €2.5m to €3.0m
- Other operating charges +€77,621
up €77,621 (+85.9%), from €90,338 to €167,959
- Depreciation +€39,765
up €39,765 (+91.6%), from €43,430 to €83,195
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 | €1,181,421 | €1,045,591 | -€135,830 | -11.5% |
| Formation expenses | 20 | €1,459 | €1,006 | -€453 | -31.1% |
| Fixed assets | 21/28 | €105,405 | €202,143 | +€96,738 | +91.8% |
| Intangible fixed assets | 21 | €52,372 | €158,461 | +€106,089 | +202.6% |
| Tangible fixed assets | 22/27 | €49,312 | €39,962 | -€9,350 | -19.0% |
| Furniture and vehicles | 24 | €40,644 | €36,113 | -€4,531 | -11.1% |
| Other tangible fixed assets | 26 | €8,668 | €3,849 | -€4,819 | -55.6% |
| Financial fixed assets | 28 | €3,720 | €3,720 | = | 0.0% |
| Current assets | 29/58 | €1,074,558 | €842,442 | -€232,116 | -21.6% |
| Amounts receivable within one year | 40/41 | €987,429 | €835,446 | -€151,983 | -15.4% |
| Trade receivables | 40 | €795,235 | €592,933 | -€202,302 | -25.4% |
| Other amounts receivable | 41 | €192,194 | €242,513 | +€50,319 | +26.2% |
| Cash at bank and in hand | 54/58 | €79,562 | €3,418 | -€76,144 | -95.7% |
| Deferred charges and accrued income | 490/1 | €7,567 | €3,578 | -€3,989 | -52.7% |
| Total equity and liabilities | 10/49 | €1,181,421 | €1,045,591 | -€135,830 | -11.5% |
| Equity | 10/15 | €234,381 | €138,551 | -€95,830 | -40.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €301,860 | €301,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,835 | -€173,309 | -€88,474 | -104.3% |
| Investment grants | 15 | €7,356 | - | -€7,356 | |
| Amounts payable | 17/49 | €947,040 | €907,040 | -€40,000 | -4.2% |
| Amounts payable within one year | 42/48 | €947,040 | €896,449 | -€50,591 | -5.3% |
| Trade debts | 44 | €261,284 | €83,644 | -€177,640 | -68.0% |
| Suppliers | 440/4 | €261,284 | €83,644 | -€177,640 | -68.0% |
| Taxes, remuneration and social security | 45 | €370,477 | €403,974 | +€33,497 | +9.0% |
| Taxes | 450/3 | €41,370 | €71,002 | +€29,632 | +71.6% |
| Remuneration and social security | 454/9 | €329,107 | €332,972 | +€3,865 | +1.2% |
| Other amounts payable | 47/48 | €315,279 | €408,831 | +€93,552 | +29.7% |
| Accrued charges and deferred income | 492/3 | - | €10,591 | +€10,591 | |
| Non-recurring operating income | 76A | €12,590 | €27,418 | +€14,829 | +117.8% |
| Remuneration, social security and pensions | 62 | €2,532,535 | €2,958,038 | +€425,503 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,430 | €83,195 | +€39,765 | +91.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €254 | - | -€254 | |
| Other operating charges | 640/8 | €90,338 | €167,959 | +€77,621 | +85.9% |
| Gross operating margin | 9900 | €2,618,579 | €3,156,933 | +€538,354 | +20.6% |
| Operating profit (loss) | 9901 | -€47,978 | -€52,259 | -€4,281 | -8.9% |
| Financial income | 75/76B | €2,704 | €11,090 | +€8,387 | +310.2% |
| Recurring financial income | 75 | €2,704 | €11,090 | +€8,387 | +310.2% |
| Financial charges | 65/66B | €16,238 | €26,600 | +€10,362 | +63.8% |
| Recurring financial charges | 65 | €16,238 | €26,600 | +€10,362 | +63.8% |
| Profit (loss) for the period before taxes | 9903 | -€61,513 | -€67,769 | -€6,256 | -10.2% |
| Income taxes | 67/77 | €24,521 | €20,705 | -€3,816 | -15.6% |
| Profit (loss) for the period | 9904 | -€86,034 | -€88,474 | -€2,440 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,034 | -€88,474 | -€2,440 | -2.8% |
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 12 October 2026 via checked.be.