PSYNAPSE: 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.
PSYNAPSE
Largest movements
- Receivables within one year -€130,594
down €130,594 (-51.2%), from €255,291 to €124,697
of which Other amounts receivable: -€121,644
- Cash +€73,979
up €73,979 (+172.3%), from €42,938 to €116,917
mainly Receivables within one year (+€130,594) and Other debts (+€100,000)
- Intangible fixed assets -€9,000
down €9,000 (-13.3%), from €67,500 to €58,500
- Profit (loss) carried forward -€206,124
down €206,124 (-58.5%), from €352,484 to €146,360
- Other debts +€100,000
new in 2025: €100,000
- Tax, wage and social debts +€38,544
up €38,544 (+283.4%), from €13,600 to €52,144
- Financial charges +€52,360
up €52,360 (+84451.7%), from €62 to €52,422
- Gross operating margin -€17,150
down €17,150 (-9.6%), from €178,271 to €161,122
- Taxes -€16,376
down €16,376 (-42.5%), from €38,505 to €22,130
- Financial income +€5,971
up €5,971 (+281.2%), from €2,123 to €8,094
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 | €368,084 | €300,833 | -€67,251 | -18.3% |
| Fixed assets | 21/28 | €69,200 | €58,500 | -€10,700 | -15.5% |
| Intangible fixed assets | 21 | €67,500 | €58,500 | -€9,000 | -13.3% |
| Tangible fixed assets | 22/27 | €1,700 | - | -€1,700 | |
| Furniture and vehicles | 24 | €1,700 | - | -€1,700 | |
| Current assets | 29/58 | €298,884 | €242,333 | -€56,551 | -18.9% |
| Amounts receivable within one year | 40/41 | €255,291 | €124,697 | -€130,594 | -51.2% |
| Trade receivables | 40 | €110,901 | €101,950 | -€8,951 | -8.1% |
| Other amounts receivable | 41 | €144,390 | €22,747 | -€121,644 | -84.2% |
| Cash at bank and in hand | 54/58 | €42,938 | €116,917 | +€73,979 | +172.3% |
| Deferred charges and accrued income | 490/1 | €655 | €719 | +€64 | +9.8% |
| Total equity and liabilities | 10/49 | €368,084 | €300,833 | -€67,251 | -18.3% |
| Equity | 10/15 | €354,484 | €148,360 | -€206,124 | -58.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €352,484 | €146,360 | -€206,124 | -58.5% |
| Amounts payable | 17/49 | €13,600 | €152,474 | +€138,874 | +1021.1% |
| Amounts payable within one year | 42/48 | €13,600 | €152,474 | +€138,874 | +1021.1% |
| Trade debts | 44 | - | €330 | +€330 | |
| Suppliers | 440/4 | - | €330 | +€330 | |
| Taxes, remuneration and social security | 45 | €13,600 | €52,144 | +€38,544 | +283.4% |
| Taxes | 450/3 | €13,600 | €52,144 | +€38,544 | +283.4% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,400 | €10,700 | -€1,700 | -13.7% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €178,271 | €161,122 | -€17,150 | -9.6% |
| Operating profit (loss) | 9901 | €165,871 | €150,022 | -€15,849 | -9.6% |
| Financial income | 75/76B | €2,123 | €8,094 | +€5,971 | +281.2% |
| Recurring financial income | 75 | €2,123 | €8,094 | +€5,971 | +281.2% |
| Financial charges | 65/66B | €62 | €52,422 | +€52,360 | +84451.7% |
| Recurring financial charges | 65 | €62 | €52,422 | +€52,360 | +84451.7% |
| Profit (loss) for the period before taxes | 9903 | €167,932 | €105,694 | -€62,239 | -37.1% |
| Income taxes | 67/77 | €38,505 | €22,130 | -€16,376 | -42.5% |
| Profit (loss) for the period | 9904 | €129,427 | €83,564 | -€45,863 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €129,427 | €83,564 | -€45,863 | -35.4% |
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 5 October 2026 via checked.be.