Syaron: 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.
Syaron
Largest movements
- Receivables within one year +€20,970
up €20,970 (+14513.8%), from €144 to €21,114
- Cash +€10,523
up €10,523 (+9.3%), from €113,395 to €123,918
mainly Net result for the year (+€59,549) and Tax, wage and social debts (+€18,850)
- Tangible fixed assets +€9,846
up €9,846 (+40.1%), from €24,525 to €34,371
of which Furniture and vehicles: +€14,421
- Tax, wage and social debts +€18,850
up €18,850 (+106.9%), from €17,641 to €36,491
of which Taxes: +€19,307
- Profit (loss) carried forward +€18,373
up €18,373 (+32.9%), from €55,914 to €74,287
- Debts after one year +€4,324
up €4,324 (+48.2%), from €8,962 to €13,286
- Short-term financial debts +€2,365
up €2,365 (+63.5%), from €3,726 to €6,091
- Gross operating margin +€78,833
up €78,833 (+55.9%), from €141,053 to €219,887
- Staff costs +€26,928
up €26,928 (+29.5%), from €91,182 to €118,110
- Taxes +€14,898
up €14,898 (+170.4%), from €8,745 to €23,642
- Other operating charges +€4,737
up €4,737 (+516.0%), from €918 to €5,654
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 | €145,857 | €188,103 | +€42,246 | +29.0% |
| Fixed assets | 21/28 | €28,875 | €38,721 | +€9,846 | +34.1% |
| Tangible fixed assets | 22/27 | €24,525 | €34,371 | +€9,846 | +40.1% |
| Plant, machinery and equipment | 23 | €9,365 | €4,790 | -€4,575 | -48.8% |
| Furniture and vehicles | 24 | €15,160 | €29,581 | +€14,421 | +95.1% |
| Financial fixed assets | 28 | €4,350 | €4,350 | = | 0.0% |
| Current assets | 29/58 | €116,982 | €149,382 | +€32,400 | +27.7% |
| Stocks and contracts in progress | 3 | €3,443 | €4,350 | +€907 | +26.3% |
| Stocks | 30/36 | €3,443 | €4,350 | +€907 | +26.3% |
| Amounts receivable within one year | 40/41 | €144 | €21,114 | +€20,970 | +14513.8% |
| Other amounts receivable | 41 | €144 | €21,114 | +€20,970 | +14513.8% |
| Cash at bank and in hand | 54/58 | €113,395 | €123,918 | +€10,523 | +9.3% |
| Total equity and liabilities | 10/49 | €145,857 | €188,103 | +€42,246 | +29.0% |
| Equity | 10/15 | €85,914 | €104,287 | +€18,373 | +21.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,914 | €74,287 | +€18,373 | +32.9% |
| Amounts payable | 17/49 | €59,943 | €83,816 | +€23,873 | +39.8% |
| Amounts payable after more than one year | 17 | €8,962 | €13,286 | +€4,324 | +48.2% |
| Financial debts | 170/4 | €8,962 | €13,286 | +€4,324 | +48.2% |
| Amounts payable within one year | 42/48 | €50,981 | €70,530 | +€19,549 | +38.3% |
| Financial debts | 43 | €3,726 | €6,091 | +€2,365 | +63.5% |
| Credit institutions | 430/8 | €3,726 | €6,091 | +€2,365 | +63.5% |
| Trade debts | 44 | €29,614 | €27,948 | -€1,666 | -5.6% |
| Suppliers | 440/4 | €29,614 | €27,948 | -€1,666 | -5.6% |
| Taxes, remuneration and social security | 45 | €17,641 | €36,491 | +€18,850 | +106.9% |
| Taxes | 450/3 | €15,570 | €34,877 | +€19,307 | +124.0% |
| Remuneration and social security | 454/9 | €2,071 | €1,614 | -€457 | -22.1% |
| Remuneration, social security and pensions | 62 | €91,182 | €118,110 | +€26,928 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,781 | €9,077 | +€295 | +3.4% |
| Other operating charges | 640/8 | €918 | €5,654 | +€4,737 | +516.0% |
| Non-recurring operating charges | 66A | €764 | €592 | -€172 | -22.5% |
| Gross operating margin | 9900 | €141,053 | €219,887 | +€78,833 | +55.9% |
| Operating profit (loss) | 9901 | €39,408 | €86,454 | +€47,046 | +119.4% |
| Financial charges | 65/66B | €3,824 | €3,262 | -€562 | -14.7% |
| Recurring financial charges | 65 | €3,824 | €3,262 | -€562 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €35,584 | €83,192 | +€47,607 | +133.8% |
| Income taxes | 67/77 | €8,745 | €23,642 | +€14,898 | +170.4% |
| Profit (loss) for the period | 9904 | €26,840 | €59,549 | +€32,709 | +121.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,840 | €59,549 | +€32,709 | +121.9% |
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.