Relaxsyndic: 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.
Relaxsyndic
Largest movements
- Cash -€1,654
down €1,654 (-14.1%), from €11,691 to €10,037
mainly Net result for the year (-€2,276) and Deferred charges and accrued income (-€190)
- Receivables within one year -€812
down €812 (-24.7%), from €3,291 to €2,479
of which Trade receivables: -€1,016
- Deferred charges and accrued income +€190
up €190 (+264%), from €72 to €262
- Profit (loss) carried forward -€2,276
down €2,276 (-36.6%), from €6,224 to €3,948
- Taxes +€2,103
new in 2025: €2,103
- Gross operating margin -€1,034
down €1,034 (-49.5%), from €2,090 to €1,056
- Turnover -€840
down €840 (-40.2%), from €2,090 to €1,250
- Staff costs +€787
new in 2025: €787
- Other operating charges +€442
new in 2025: €442
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 | €15,054 | €12,778 | -€2,276 | -15.1% |
| Current assets | 29/58 | €15,054 | €12,778 | -€2,276 | -15.1% |
| Amounts receivable within one year | 40/41 | €3,291 | €2,479 | -€812 | -24.7% |
| Trade receivables | 40 | €3,291 | €2,275 | -€1,016 | -30.9% |
| Other amounts receivable | 41 | - | €204 | +€204 | |
| Cash at bank and in hand | 54/58 | €11,691 | €10,037 | -€1,654 | -14.1% |
| Deferred charges and accrued income | 490/1 | €72 | €262 | +€190 | +264% |
| Total equity and liabilities | 10/49 | €15,054 | €12,778 | -€2,276 | -15.1% |
| Equity | 10/15 | €15,054 | €12,778 | -€2,276 | -15.1% |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | €330 | €330 | = | 0.0% |
| Non-distributable reserves | 130/1 | €330 | €330 | = | 0.0% |
| Other | 1319 | €330 | €330 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,224 | €3,948 | -€2,276 | -36.6% |
| Turnover | 70 | €2,090 | €1,250 | -€840 | -40.2% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €194 | +€194 | |
| Remuneration, social security and pensions | 62 | - | €787 | +€787 | |
| Other operating charges | 640/8 | - | €442 | +€442 | |
| Gross operating margin | 9900 | €2,090 | €1,056 | -€1,034 | -49.5% |
| Operating profit (loss) | 9901 | €2,090 | -€173 | -€2,263 | |
| Profit (loss) for the period before taxes | 9903 | €2,090 | -€173 | -€2,263 | |
| Income taxes | 67/77 | - | €2,103 | +€2,103 | |
| Profit (loss) for the period | 9904 | €2,090 | -€2,276 | -€4,366 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,090 | -€2,276 | -€4,366 |
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 15 October 2026 via checked.be.