Llyda Syndicus: 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.
Llyda Syndicus
Largest movements
- Intangible fixed assets -€16,300
down €16,300 (-10.1%), from €162,018 to €145,718
- Tangible fixed assets -€14,070
down €14,070 (-3.8%), from €374,964 to €360,894
- Cash -€11,204
down €11,204 (-86.4%), from €12,972 to €1,768
mainly Net result for the year (-€23,580) and Debts after one year (-€17,916)
- Profit (loss) carried forward -€23,580
down €23,580 (-200%), from -€11,786 to -€35,366
- Debts after one year -€17,916
down €17,916 (-5.4%), from €331,404 to €313,488
- Other debts +€13,049
up €13,049 (+171%), from €7,615 to €20,664
- Trade debts -€10,132
down €10,132 (-4.7%), from €217,791 to €207,659
- Gross operating margin +€125,756
up €125,756 (+70.8%), from €177,618 to €303,374
- Staff costs +€96,838
up €96,838 (+53.7%), from €180,236 to €277,074
- Depreciation +€27,152
up €27,152 (+844%), from €3,218 to €30,370
- Financial charges +€14,405
up €14,405 (+372%), from €3,876 to €18,281
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 | €566,110 | €528,534 | -€37,576 | -6.6% |
| Fixed assets | 21/28 | €540,282 | €509,262 | -€31,020 | -5.7% |
| Intangible fixed assets | 21 | €162,018 | €145,718 | -€16,300 | -10.1% |
| Tangible fixed assets | 22/27 | €374,964 | €360,894 | -€14,070 | -3.8% |
| Land and buildings | 22 | €374,964 | €360,894 | -€14,070 | -3.8% |
| Financial fixed assets | 28 | €3,300 | €2,650 | -€650 | -19.7% |
| Current assets | 29/58 | €25,828 | €19,272 | -€6,556 | -25.4% |
| Amounts receivable within one year | 40/41 | €11,724 | €16,154 | +€4,430 | +37.8% |
| Trade receivables | 40 | €11,724 | €16,154 | +€4,430 | +37.8% |
| Cash at bank and in hand | 54/58 | €12,972 | €1,768 | -€11,204 | -86.4% |
| Deferred charges and accrued income | 490/1 | €1,132 | €1,350 | +€218 | +19.3% |
| Total equity and liabilities | 10/49 | €566,110 | €528,534 | -€37,576 | -6.6% |
| Equity | 10/15 | -€8,286 | -€31,866 | -€23,580 | -285% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,786 | -€35,366 | -€23,580 | -200% |
| Amounts payable | 17/49 | €574,396 | €560,400 | -€13,996 | -2.4% |
| Amounts payable after more than one year | 17 | €331,404 | €313,488 | -€17,916 | -5.4% |
| Financial debts | 170/4 | €331,404 | €313,488 | -€17,916 | -5.4% |
| Amounts payable within one year | 42/48 | €242,992 | €246,912 | +€3,919 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €17,180 | €17,916 | +€736 | +4.3% |
| Trade debts | 44 | €217,791 | €207,659 | -€10,132 | -4.7% |
| Suppliers | 440/4 | €217,791 | €207,659 | -€10,132 | -4.7% |
| Advances received on contracts in progress | 46 | €406 | - | -€406 | |
| Taxes, remuneration and social security | 45 | - | €672 | +€672 | |
| Remuneration and social security | 454/9 | - | €672 | +€672 | |
| Other amounts payable | 47/48 | €7,615 | €20,664 | +€13,049 | +171% |
| Remuneration, social security and pensions | 62 | €180,236 | €277,074 | +€96,838 | +53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,218 | €30,370 | +€27,152 | +844% |
| Other operating charges | 640/8 | €1,460 | €1,258 | -€201 | -13.8% |
| Non-recurring operating charges | 66A | €986 | - | -€986 | |
| Gross operating margin | 9900 | €177,618 | €303,374 | +€125,756 | +70.8% |
| Operating profit (loss) | 9901 | -€8,282 | -€5,329 | +€2,953 | +35.7% |
| Financial income | 75/76B | €372 | €30 | -€342 | -91.9% |
| Recurring financial income | 75 | €372 | €30 | -€342 | -91.9% |
| Financial charges | 65/66B | €3,876 | €18,281 | +€14,405 | +372% |
| Recurring financial charges | 65 | €3,876 | €18,281 | +€14,405 | +372% |
| Profit (loss) for the period before taxes | 9903 | -€11,786 | -€23,580 | -€11,794 | -100% |
| Profit (loss) for the period | 9904 | -€11,786 | -€23,580 | -€11,794 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,786 | -€23,580 | -€11,794 | -100% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.