SYBINVEST 2: 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.
SYBINVEST 2
Largest movements
- Tangible fixed assets -€51,062
down €51,062 (-2.0%), from €2.6m to €2.5m
- Profit (loss) carried forward -€73,876
down €73,876 (-49.8%), from -€148,273 to -€222,150
- Other debts +€25,900
up €25,900 (+1.0%), from €2.7m to €2.7m
- Gross operating margin -€3,008
down €3,008 (-27.5%), from -€10,922 to -€13,930
- Other operating charges +€900
up €900 (+11.4%), from €7,909 to €8,809
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.
Derived cash bridge
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 | €2,566,080 | €2,517,948 | -€48,131 | -1.9% |
| Fixed assets | 21/28 | €2,559,558 | €2,508,496 | -€51,062 | -2.0% |
| Tangible fixed assets | 22/27 | €2,559,558 | €2,508,496 | -€51,062 | -2.0% |
| Land and buildings | 22 | €2,559,558 | €2,508,496 | -€51,062 | -2.0% |
| Current assets | 29/58 | €6,522 | €9,452 | +€2,931 | +44.9% |
| Amounts receivable within one year | 40/41 | €5,310 | €7,946 | +€2,635 | +49.6% |
| Other amounts receivable | 41 | €5,310 | €7,946 | +€2,635 | +49.6% |
| Cash at bank and in hand | 54/58 | €236 | €525 | +€289 | +122% |
| Deferred charges and accrued income | 490/1 | €975 | €982 | +€7 | +0.7% |
| Total equity and liabilities | 10/49 | €2,566,080 | €2,517,948 | -€48,131 | -1.9% |
| Equity | 10/15 | -€143,273 | -€217,150 | -€73,876 | -51.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,273 | -€222,150 | -€73,876 | -49.8% |
| Amounts payable | 17/49 | €2,709,353 | €2,735,098 | +€25,745 | +1.0% |
| Amounts payable within one year | 42/48 | €2,709,353 | €2,735,098 | +€25,745 | +1.0% |
| Trade debts | 44 | €719 | €564 | -€155 | -21.6% |
| Suppliers | 440/4 | €719 | €564 | -€155 | -21.6% |
| Other amounts payable | 47/48 | €2,708,634 | €2,734,534 | +€25,900 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,062 | €51,062 | = | 0.0% |
| Other operating charges | 640/8 | €7,909 | €8,809 | +€900 | +11.4% |
| Gross operating margin | 9900 | -€10,922 | -€13,930 | -€3,008 | -27.5% |
| Operating profit (loss) | 9901 | -€69,894 | -€73,801 | -€3,908 | -5.6% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€69,967 | -€73,876 | -€3,909 | -5.6% |
| Profit (loss) for the period | 9904 | -€69,967 | -€73,876 | -€3,909 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,967 | -€73,876 | -€3,909 | -5.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.