Fynergy: 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.
Fynergy
Largest movements
- Intangible fixed assets -€12,817
down €12,817 (-39.5%), from €32,469 to €19,652
- Tangible fixed assets -€8,128
down €8,128 (-20.4%), from €39,837 to €31,709
- Cash +€3,338
up €3,338 (+55.3%), from €6,042 to €9,380
mainly Net result for the year (+€42,799) and Other debts (+€31,313)
- Receivables within one year +€2,675
up €2,675 (+5.3%), from €50,084 to €52,759
of which Trade receivables: +€1,676
- Short-term financial debts -€80,000
no longer reported in 2025 (was €80,000)
- Profit (loss) carried forward +€42,799
up €42,799, from -€40,321 to €2,479
- Other debts +€31,313
up €31,313 (+153%), from €20,460 to €51,774
- Debts after one year -€7,906
down €7,906 (-23.7%), from €33,391 to €25,485
- Gross operating margin -€22,121
down €22,121 (-23.4%), from €94,643 to €72,522
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.
Derived cash bridge
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 | €129,610 | €114,679 | -€14,931 | -11.5% |
| Fixed assets | 21/28 | €72,868 | €51,924 | -€20,945 | -28.7% |
| Intangible fixed assets | 21 | €32,469 | €19,652 | -€12,817 | -39.5% |
| Tangible fixed assets | 22/27 | €39,837 | €31,709 | -€8,128 | -20.4% |
| Furniture and vehicles | 24 | €39,837 | €31,709 | -€8,128 | -20.4% |
| Financial fixed assets | 28 | €563 | €563 | = | 0.0% |
| Current assets | 29/58 | €56,742 | €62,755 | +€6,014 | +10.6% |
| Amounts receivable within one year | 40/41 | €50,084 | €52,759 | +€2,675 | +5.3% |
| Trade receivables | 40 | €40,524 | €42,199 | +€1,676 | +4.1% |
| Other amounts receivable | 41 | €9,560 | €10,560 | +€1,000 | +10.5% |
| Cash at bank and in hand | 54/58 | €6,042 | €9,380 | +€3,338 | +55.3% |
| Deferred charges and accrued income | 490/1 | €616 | €616 | = | 0.0% |
| Total equity and liabilities | 10/49 | €129,610 | €114,679 | -€14,931 | -11.5% |
| Equity | 10/15 | -€19,861 | €22,939 | +€42,799 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,321 | €2,479 | +€42,799 | |
| Amounts payable | 17/49 | €149,471 | €91,740 | -€57,730 | -38.6% |
| Amounts payable after more than one year | 17 | €33,391 | €25,485 | -€7,906 | -23.7% |
| Financial debts | 170/4 | €33,391 | €25,485 | -€7,906 | -23.7% |
| Amounts payable within one year | 42/48 | €116,079 | €66,255 | -€49,824 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €7,771 | €7,908 | +€137 | +1.8% |
| Financial debts | 43 | €80,000 | - | -€80,000 | |
| Credit institutions | 430/8 | €80,000 | - | -€80,000 | |
| Trade debts | 44 | €150 | €159 | +€9 | +6.0% |
| Suppliers | 440/4 | €150 | €159 | +€9 | +6.0% |
| Taxes, remuneration and social security | 45 | €7,699 | €6,415 | -€1,284 | -16.7% |
| Taxes | 450/3 | €7,699 | €6,415 | -€1,284 | -16.7% |
| Other amounts payable | 47/48 | €20,460 | €51,774 | +€31,313 | +153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,497 | €20,945 | +€448 | +2.2% |
| Other operating charges | 640/8 | €779 | €787 | +€8 | +1.0% |
| Gross operating margin | 9900 | €94,643 | €72,522 | -€22,121 | -23.4% |
| Operating profit (loss) | 9901 | €73,367 | €50,791 | -€22,577 | -30.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €7,697 | €7,991 | +€294 | +3.8% |
| Recurring financial charges | 65 | €7,697 | €7,991 | +€294 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €65,670 | €42,799 | -€22,871 | -34.8% |
| Profit (loss) for the period | 9904 | €65,670 | €42,799 | -€22,871 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,670 | €42,799 | -€22,871 | -34.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.