sbe.synapsing: 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.
sbe.synapsing
Largest movements
- Cash -€58,527
down €58,527 (-67.0%), from €87,348 to €28,821
mainly Contributions, distributions and other (-€159,305) and Investment in fixed assets (net) (-€21,959)
- Current investments -€32,400
no longer reported in 2025 (was €32,400)
- Receivables within one year +€19,422
new in 2025: €19,422
of which Other amounts receivable: +€19,177
- Tangible fixed assets +€18,413
new in 2025: €18,413
of which Furniture and vehicles: +€17,605
- Deferred charges and accrued income +€4,114
up €4,114 (+5.9%), from €69,859 to €73,973
- Profit (loss) carried forward -€100,814
down €100,814 (-70.8%), from €142,445 to €41,631
- Other debts +€72,670
up €72,670 (+1062.0%), from €6,843 to €79,513
- Tax, wage and social debts -€17,700
no longer reported in 2025 (was €17,700)
- Gross operating margin -€116,829
down €116,829 (-62.9%), from €185,700 to €68,871
- Taxes -€31,906
down €31,906 (-74.7%), from €42,700 to €10,794
- Depreciation +€3,546
new in 2025: €3,546
- Financial income +€2,645
new in 2025: €2,645
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 | €189,607 | €140,628 | -€48,978 | -25.8% |
| Fixed assets | 21/28 | - | €18,413 | +€18,413 | |
| Tangible fixed assets | 22/27 | - | €18,413 | +€18,413 | |
| Plant, machinery and equipment | 23 | - | €807 | +€807 | |
| Furniture and vehicles | 24 | - | €17,605 | +€17,605 | |
| Current assets | 29/58 | €189,607 | €122,215 | -€67,391 | -35.5% |
| Amounts receivable within one year | 40/41 | - | €19,422 | +€19,422 | |
| Trade receivables | 40 | - | €245 | +€245 | |
| Other amounts receivable | 41 | - | €19,177 | +€19,177 | |
| Current investments | 50/53 | €32,400 | - | -€32,400 | |
| Cash at bank and in hand | 54/58 | €87,348 | €28,821 | -€58,527 | -67.0% |
| Deferred charges and accrued income | 490/1 | €69,859 | €73,973 | +€4,114 | +5.9% |
| Total equity and liabilities | 10/49 | €189,607 | €140,628 | -€48,978 | -25.8% |
| Equity | 10/15 | €162,905 | €60,231 | -€102,674 | -63.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €142,445 | €41,631 | -€100,814 | -70.8% |
| Amounts payable | 17/49 | €26,702 | €80,397 | +€53,696 | +201.1% |
| Amounts payable within one year | 42/48 | €26,218 | €79,998 | +€53,779 | +205.1% |
| Financial debts | 43 | €472 | €472 | = | 0.0% |
| Credit institutions | 430/8 | €472 | €472 | = | 0.0% |
| Trade debts | 44 | €1,204 | €13 | -€1,191 | -98.9% |
| Suppliers | 440/4 | €1,204 | €13 | -€1,191 | -98.9% |
| Taxes, remuneration and social security | 45 | €17,700 | - | -€17,700 | |
| Taxes | 450/3 | €17,700 | - | -€17,700 | |
| Other amounts payable | 47/48 | €6,843 | €79,513 | +€72,670 | +1062.0% |
| Accrued charges and deferred income | 492/3 | €483 | €400 | -€84 | -17.3% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,546 | +€3,546 | |
| Other operating charges | 640/8 | €501 | €501 | +€0 | +0.1% |
| Gross operating margin | 9900 | €185,700 | €68,871 | -€116,829 | -62.9% |
| Operating profit (loss) | 9901 | €185,199 | €64,824 | -€120,375 | -65.0% |
| Financial income | 75/76B | - | €2,645 | +€2,645 | |
| Recurring financial income | 75 | - | €2,645 | +€2,645 | |
| Financial charges | 65/66B | €54 | €45 | -€10 | -17.7% |
| Recurring financial charges | 65 | €54 | €45 | -€10 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €185,145 | €67,425 | -€117,720 | -63.6% |
| Income taxes | 67/77 | €42,700 | €10,794 | -€31,906 | -74.7% |
| Profit (loss) for the period | 9904 | €142,445 | €56,631 | -€85,814 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €142,445 | €56,631 | -€85,814 | -60.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.