Sy-Ann: 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.
Sy-Ann
Largest movements
- Stocks and contracts -€13,302
down €13,302 (-54.7%), from €24,302 to €11,000
- Receivables within one year -€12,861
down €12,861 (-77.7%), from €16,560 to €3,699
of which Trade receivables: -€10,923
- Deferred charges and accrued income -€1,727
no longer reported in 2025 (was €1,727)
- Accrued charges and deferred income -€31,096
no longer reported in 2025 (was €31,096)
- Other debts +€3,859
up €3,859 (+6.7%), from €58,013 to €61,872
- Profit (loss) carried forward -€940
down €940 (-1.6%), from -€57,713 to -€58,653
- Gross operating margin -€1,219
down €1,219 (-89.4%), from €1,363 to €144
- Other operating charges +€106
up €106 (+12.9%), from €825 to €931
- Financial charges -€75
down €75 (-41.9%), from €178 to €104
- Depreciation -€74
down €74 (-67.7%), from €109 to €35
- Taxes +€15
new in 2025: €15
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 | €43,997 | €16,174 | -€27,823 | -63.2% |
| Fixed assets | 21/28 | €635 | €600 | -€35 | -5.5% |
| Tangible fixed assets | 22/27 | €35 | - | -€35 | |
| Plant, machinery and equipment | 23 | €35 | - | -€35 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €43,361 | €15,574 | -€27,787 | -64.1% |
| Stocks and contracts in progress | 3 | €24,302 | €11,000 | -€13,302 | -54.7% |
| Contracts in progress | 37 | €24,302 | €11,000 | -€13,302 | -54.7% |
| Amounts receivable within one year | 40/41 | €16,560 | €3,699 | -€12,861 | -77.7% |
| Trade receivables | 40 | €14,505 | €3,582 | -€10,923 | -75.3% |
| Other amounts receivable | 41 | €2,055 | €116 | -€1,938 | -94.3% |
| Cash at bank and in hand | 54/58 | €772 | €875 | +€103 | +13.4% |
| Deferred charges and accrued income | 490/1 | €1,727 | - | -€1,727 | |
| Total equity and liabilities | 10/49 | €43,997 | €16,174 | -€27,823 | -63.2% |
| Equity | 10/15 | -€45,113 | -€46,053 | -€940 | -2.1% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,713 | -€58,653 | -€940 | -1.6% |
| Amounts payable | 17/49 | €89,109 | €62,227 | -€26,882 | -30.2% |
| Amounts payable within one year | 42/48 | €58,013 | €62,227 | +€4,214 | +7.3% |
| Taxes, remuneration and social security | 45 | - | €355 | +€355 | |
| Taxes | 450/3 | - | €355 | +€355 | |
| Other amounts payable | 47/48 | €58,013 | €61,872 | +€3,859 | +6.7% |
| Accrued charges and deferred income | 492/3 | €31,096 | - | -€31,096 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109 | €35 | -€74 | -67.7% |
| Other operating charges | 640/8 | €825 | €931 | +€106 | +12.9% |
| Gross operating margin | 9900 | €1,363 | €144 | -€1,219 | -89.4% |
| Operating profit (loss) | 9901 | €429 | -€822 | -€1,251 | |
| Financial charges | 65/66B | €178 | €104 | -€75 | -41.9% |
| Recurring financial charges | 65 | €178 | €104 | -€75 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €251 | -€925 | -€1,177 | |
| Income taxes | 67/77 | - | €15 | +€15 | |
| Profit (loss) for the period | 9904 | €251 | -€940 | -€1,192 | |
| Profit (loss) for the period to be appropriated | 9905 | €251 | -€940 | -€1,192 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.