Syba Group: 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.
Syba Group
Largest movements
- Intangible fixed assets +€504,952
up €504,952 (+439.5%), from €114,888 to €619,840
- Receivables after one year +€270,989
new in 2025: €270,989
- Receivables within one year -€102,986
down €102,986 (-62.4%), from €165,128 to €62,142
- Trade debts +€530,276
up €530,276 (+7983.7%), from €6,642 to €536,918
- Current portion of long-term debt +€325,000
new in 2025: €325,000
- Debts after one year -€172,500
no longer reported in 2025 (was €172,500)
- Profit (loss) carried forward -€33,197
down €33,197 (-125.6%), from -€26,429 to -€59,626
- Accrued charges and deferred income +€18,807
up €18,807 (+3124.1%), from €602 to €19,409
- Financial charges +€14,667
up €14,667 (+2361.8%), from €621 to €15,288
- Gross operating margin +€6,686
up €6,686 (+25.8%), from -€25,917 to -€19,231
- Financial income +€1,623
up €1,623 (+1489.0%), from €109 to €1,732
- Other operating charges +€411
new in 2025: €411
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 | €480,135 | €1,156,401 | +€676,266 | +140.8% |
| Fixed assets | 21/28 | €314,888 | €819,840 | +€504,952 | +160.4% |
| Intangible fixed assets | 21 | €114,888 | €619,840 | +€504,952 | +439.5% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €165,247 | €336,561 | +€171,314 | +103.7% |
| Amounts receivable after more than one year | 29 | - | €270,989 | +€270,989 | |
| Other amounts receivable | 291 | - | €270,989 | +€270,989 | |
| Amounts receivable within one year | 40/41 | €165,128 | €62,142 | -€102,986 | -62.4% |
| Other amounts receivable | 41 | €165,128 | €62,142 | -€102,986 | -62.4% |
| Cash at bank and in hand | 54/58 | €10 | €1,698 | +€1,688 | +16880.0% |
| Deferred charges and accrued income | 490/1 | €109 | €1,732 | +€1,623 | +1489.0% |
| Total equity and liabilities | 10/49 | €480,135 | €1,156,401 | +€676,266 | +140.8% |
| Equity | 10/15 | €298,459 | €255,262 | -€43,197 | -14.5% |
| Contributions | 10/11 | €324,888 | €314,888 | -€10,000 | -3.1% |
| Profit (loss) carried forward | 14 | -€26,429 | -€59,626 | -€33,197 | -125.6% |
| Amounts payable | 17/49 | €181,676 | €901,139 | +€719,463 | +396.0% |
| Amounts payable after more than one year | 17 | €172,500 | - | -€172,500 | |
| Other amounts payable | 178/9 | €172,500 | - | -€172,500 | |
| Amounts payable within one year | 42/48 | €8,574 | €881,730 | +€873,156 | +10183.8% |
| Current portion of amounts payable after more than one year | 42 | - | €325,000 | +€325,000 | |
| Trade debts | 44 | €6,642 | €536,918 | +€530,276 | +7983.7% |
| Suppliers | 440/4 | €6,642 | €536,918 | +€530,276 | +7983.7% |
| Taxes, remuneration and social security | 45 | - | €1,010 | +€1,010 | |
| Taxes | 450/3 | - | €1,010 | +€1,010 | |
| Other amounts payable | 47/48 | €1,932 | €18,802 | +€16,870 | +873.2% |
| Accrued charges and deferred income | 492/3 | €602 | €19,409 | +€18,807 | +3124.1% |
| Other operating charges | 640/8 | - | €411 | +€411 | |
| Gross operating margin | 9900 | -€25,917 | -€19,231 | +€6,686 | +25.8% |
| Operating profit (loss) | 9901 | -€25,917 | -€19,642 | +€6,275 | +24.2% |
| Financial income | 75/76B | €109 | €1,732 | +€1,623 | +1489.0% |
| Recurring financial income | 75 | €109 | €1,732 | +€1,623 | +1489.0% |
| Financial charges | 65/66B | €621 | €15,288 | +€14,667 | +2361.8% |
| Recurring financial charges | 65 | €621 | €15,288 | +€14,667 | +2361.8% |
| Profit (loss) for the period before taxes | 9903 | -€26,429 | -€33,198 | -€6,769 | -25.6% |
| Profit (loss) for the period | 9904 | -€26,429 | -€33,198 | -€6,769 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,429 | -€33,198 | -€6,769 | -25.6% |
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 3 October 2026 via checked.be.