SY GLOBAL: 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.
SY GLOBAL
Largest movements
- Stocks and contracts +€60,143
up €60,143 (+6059.7%), from €993 to €61,136
- Receivables within one year +€26,624
up €26,624 (+174.4%), from €15,268 to €41,892
of which Trade receivables: +€25,559
- Tangible fixed assets -€13,031
down €13,031 (-30.3%), from €43,035 to €30,004
of which Furniture and vehicles: -€18,648
- Cash +€11,914
up €11,914 (+61.0%), from €19,520 to €31,434
mainly Advances received (+€22,794) and Trade debts (+€22,661)
- Intangible fixed assets -€4,500
down €4,500 (-13.7%), from €32,733 to €28,233
- Advances received +€22,794
up €22,794 (+191.9%), from €11,875 to €34,669
- Trade debts +€22,661
up €22,661 (+380.7%), from €5,953 to €28,614
- Debts after one year +€11,048
up €11,048 (+57.0%), from €19,375 to €30,422
- Profit (loss) carried forward +€8,627
up €8,627 (+18.1%), from €47,634 to €56,261
- Current portion of long-term debt +€7,571
up €7,571 (+133.5%), from €5,670 to €13,242
- Gross operating margin -€15,201
down €15,201 (-27.8%), from €54,672 to €39,470
- Taxes -€12,216
no longer reported in 2025 (was €12,216)
- Other operating charges +€8,514
up €8,514 (+690.0%), from €1,234 to €9,747
- Financial charges +€2,706
up €2,706 (+196.1%), from €1,380 to €4,087
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 | €111,549 | €192,866 | +€81,318 | +72.9% |
| Fixed assets | 21/28 | €75,768 | €58,237 | -€17,531 | -23.1% |
| Intangible fixed assets | 21 | €32,733 | €28,233 | -€4,500 | -13.7% |
| Tangible fixed assets | 22/27 | €43,035 | €30,004 | -€13,031 | -30.3% |
| Plant, machinery and equipment | 23 | €15,316 | €20,932 | +€5,617 | +36.7% |
| Furniture and vehicles | 24 | €27,719 | €9,072 | -€18,648 | -67.3% |
| Current assets | 29/58 | €35,781 | €134,629 | +€98,849 | +276.3% |
| Stocks and contracts in progress | 3 | €993 | €61,136 | +€60,143 | +6059.7% |
| Stocks | 30/36 | €993 | €61,136 | +€60,143 | +6059.7% |
| Amounts receivable within one year | 40/41 | €15,268 | €41,892 | +€26,624 | +174.4% |
| Trade receivables | 40 | €15,203 | €40,762 | +€25,559 | +168.1% |
| Other amounts receivable | 41 | €65 | €1,130 | +€1,065 | +1633.3% |
| Cash at bank and in hand | 54/58 | €19,520 | €31,434 | +€11,914 | +61.0% |
| Deferred charges and accrued income | 490/1 | - | €168 | +€168 | |
| Total equity and liabilities | 10/49 | €111,549 | €192,866 | +€81,318 | +72.9% |
| Equity | 10/15 | €56,634 | €65,261 | +€8,627 | +15.2% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,634 | €56,261 | +€8,627 | +18.1% |
| Amounts payable | 17/49 | €54,915 | €127,606 | +€72,691 | +132.4% |
| Amounts payable after more than one year | 17 | €19,375 | €30,422 | +€11,048 | +57.0% |
| Financial debts | 170/4 | €19,375 | €30,422 | +€11,048 | +57.0% |
| Amounts payable within one year | 42/48 | €35,540 | €97,183 | +€61,643 | +173.4% |
| Current portion of amounts payable after more than one year | 42 | €5,670 | €13,242 | +€7,571 | +133.5% |
| Trade debts | 44 | €5,953 | €28,614 | +€22,661 | +380.7% |
| Suppliers | 440/4 | €5,953 | €28,614 | +€22,661 | +380.7% |
| Advances received on contracts in progress | 46 | €11,875 | €34,669 | +€22,794 | +191.9% |
| Taxes, remuneration and social security | 45 | €11,791 | €16,656 | +€4,865 | +41.3% |
| Taxes | 450/3 | €11,791 | €9,341 | -€2,450 | -20.8% |
| Remuneration and social security | 454/9 | - | €7,315 | +€7,315 | |
| Other amounts payable | 47/48 | €251 | €4,003 | +€3,751 | +1491.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,120 | €17,010 | -€111 | -0.6% |
| Other operating charges | 640/8 | €1,234 | €9,747 | +€8,514 | +690.0% |
| Gross operating margin | 9900 | €54,672 | €39,470 | -€15,201 | -27.8% |
| Operating profit (loss) | 9901 | €36,317 | €12,713 | -€23,604 | -65.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,380 | €4,087 | +€2,706 | +196.1% |
| Recurring financial charges | 65 | €1,380 | €4,087 | +€2,706 | +196.1% |
| Profit (loss) for the period before taxes | 9903 | €34,937 | €8,627 | -€26,310 | -75.3% |
| Income taxes | 67/77 | €12,216 | - | -€12,216 | |
| Profit (loss) for the period | 9904 | €22,722 | €8,627 | -€14,095 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,722 | €8,627 | -€14,095 | -62.0% |
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.