SY-TECHS: 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-TECHS
Largest movements
- Receivables within one year +€3,922
up €3,922 (+9.9%), from €39,539 to €43,461
of which Other amounts receivable: +€12,104
- Cash +€2,491
up €2,491 (+19.4%), from €12,851 to €15,342
mainly Net result for the year (+€7,584) and Tax, wage and social debts (+€1,351)
- Reserves +€40,324
up €40,324 (+1,311%), from €3,075 to €43,399
- Profit (loss) carried forward -€32,741
no longer reported in 2024 (was €32,741)
- Trade debts -€2,482
down €2,482 (-74.7%), from €3,321 to €839
- Tax, wage and social debts +€1,351
up €1,351 (+13.2%), from €10,254 to €11,605
- Gross operating margin -€30,420
down €30,420 (-72.0%), from €42,255 to €11,835
- Taxes -€5,623
down €5,623 (-67.9%), from €8,285 to €2,662
- Financial income +€1,083
new in 2024: €1,083
- Financial charges +€853
up €853 (+162%), from €526 to €1,379
- Other operating charges +€564
up €564 (+80.3%), from €703 to €1,267
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,390 | €58,909 | +€6,519 | +12.4% |
| Fixed assets | 21/28 | - | €106 | +€106 | |
| Tangible fixed assets | 22/27 | - | €106 | +€106 | |
| Furniture and vehicles | 24 | - | €106 | +€106 | |
| Current assets | 29/58 | €52,390 | €58,803 | +€6,413 | +12.2% |
| Amounts receivable within one year | 40/41 | €39,539 | €43,461 | +€3,922 | +9.9% |
| Trade receivables | 40 | €32,299 | €24,117 | -€8,182 | -25.3% |
| Other amounts receivable | 41 | €7,240 | €19,344 | +€12,104 | +167% |
| Cash at bank and in hand | 54/58 | €12,851 | €15,342 | +€2,491 | +19.4% |
| Total equity and liabilities | 10/49 | €52,390 | €58,909 | +€6,519 | +12.4% |
| Equity | 10/15 | €38,816 | €46,399 | +€7,584 | +19.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,075 | €43,399 | +€40,324 | +1,311% |
| Distributable reserves | 133 | €3,075 | €43,399 | +€40,324 | +1,311% |
| Profit (loss) carried forward | 14 | €32,741 | - | -€32,741 | |
| Amounts payable | 17/49 | €13,575 | €12,510 | -€1,065 | -7.8% |
| Amounts payable within one year | 42/48 | €13,575 | €12,510 | -€1,065 | -7.8% |
| Financial debts | 43 | - | €65 | +€65 | |
| Credit institutions | 430/8 | - | €65 | +€65 | |
| Trade debts | 44 | €3,321 | €839 | -€2,482 | -74.7% |
| Suppliers | 440/4 | €3,321 | €839 | -€2,482 | -74.7% |
| Taxes, remuneration and social security | 45 | €10,254 | €11,605 | +€1,351 | +13.2% |
| Taxes | 450/3 | €10,254 | €11,605 | +€1,351 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €26 | +€26 | |
| Other operating charges | 640/8 | €703 | €1,267 | +€564 | +80.3% |
| Gross operating margin | 9900 | €42,255 | €11,835 | -€30,420 | -72.0% |
| Operating profit (loss) | 9901 | €41,552 | €10,541 | -€31,010 | -74.6% |
| Financial income | 75/76B | - | €1,083 | +€1,083 | |
| Recurring financial income | 75 | - | €1,083 | +€1,083 | |
| Financial charges | 65/66B | €526 | €1,379 | +€853 | +162% |
| Recurring financial charges | 65 | €526 | €1,379 | +€853 | +162% |
| Profit (loss) for the period before taxes | 9903 | €41,026 | €10,246 | -€30,780 | -75.0% |
| Income taxes | 67/77 | €8,285 | €2,662 | -€5,623 | -67.9% |
| Profit (loss) for the period | 9904 | €32,741 | €7,584 | -€25,157 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,741 | €7,584 | -€25,157 | -76.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.