SYBKA: 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.
SYBKA
Largest movements
- Cash -€483,535
down €483,535 (-83.8%), from €576,976 to €93,441
mainly Trade debts (-€187,630) and Net result for the year (-€168,632)
- Receivables within one year -€234,090
down €234,090 (-62.2%), from €376,582 to €142,493
of which Trade receivables: -€176,055
- Deferred charges and accrued income +€148,920
up €148,920 (+1,694%), from €8,790 to €157,710
- Tangible fixed assets -€78,944
down €78,944 (-8.2%), from €966,762 to €887,818
of which Leasing and similar rights: -€74,148
- Trade debts -€187,630
down €187,630 (-92.0%), from €203,970 to €16,341
- Reserves -€168,632
down €168,632 (-41.9%), from €402,659 to €234,026
- Debts after one year -€146,989
down €146,989 (-21.1%), from €697,120 to €550,130
- Short-term financial debts -€123,666
down €123,666 (-90.8%), from €136,195 to €12,530
- Other debts -€47,249
down €47,249 (-13.1%), from €360,000 to €312,751
- Gross operating margin -€656,253
down €656,253, from €605,536 to -€50,717
- Taxes -€31,993
down €31,993 (-99.6%), from €32,127 to €135
- Depreciation -€10,021
down €10,021 (-17.9%), from €56,022 to €46,001
- Financial charges -€6,516
down €6,516 (-15.8%), from €41,196 to €34,680
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 | €1,931,510 | €1,283,862 | -€647,648 | -33.5% |
| Fixed assets | 21/28 | €969,162 | €890,218 | -€78,944 | -8.1% |
| Intangible fixed assets | 21 | €2,400 | €2,400 | = | 0.0% |
| Tangible fixed assets | 22/27 | €966,762 | €887,818 | -€78,944 | -8.2% |
| Land and buildings | 22 | €867,715 | €861,562 | -€6,153 | -0.7% |
| Plant, machinery and equipment | 23 | €974 | €38 | -€935 | -96.1% |
| Furniture and vehicles | 24 | €1,962 | €4,255 | +€2,292 | +117% |
| Leasing and similar rights | 25 | €96,110 | €21,963 | -€74,148 | -77.1% |
| Current assets | 29/58 | €962,348 | €393,644 | -€568,705 | -59.1% |
| Amounts receivable within one year | 40/41 | €376,582 | €142,493 | -€234,090 | -62.2% |
| Trade receivables | 40 | €309,047 | €132,993 | -€176,055 | -57.0% |
| Other amounts receivable | 41 | €67,535 | €9,500 | -€58,035 | -85.9% |
| Cash at bank and in hand | 54/58 | €576,976 | €93,441 | -€483,535 | -83.8% |
| Deferred charges and accrued income | 490/1 | €8,790 | €157,710 | +€148,920 | +1,694% |
| Total equity and liabilities | 10/49 | €1,931,510 | €1,283,862 | -€647,648 | -33.5% |
| Equity | 10/15 | €421,259 | €252,626 | -€168,632 | -40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €402,659 | €234,026 | -€168,632 | -41.9% |
| Distributable reserves | 133 | €402,659 | €234,026 | -€168,632 | -41.9% |
| Amounts payable | 17/49 | €1,510,251 | €1,031,235 | -€479,016 | -31.7% |
| Amounts payable after more than one year | 17 | €697,120 | €550,130 | -€146,989 | -21.1% |
| Financial debts | 170/4 | €697,120 | €550,130 | -€146,989 | -21.1% |
| Amounts payable within one year | 42/48 | €806,149 | €447,664 | -€358,485 | -44.5% |
| Current portion of amounts payable after more than one year | 42 | €91,935 | €72,467 | -€19,468 | -21.2% |
| Financial debts | 43 | €136,195 | €12,530 | -€123,666 | -90.8% |
| Credit institutions | 430/8 | €136,195 | €12,530 | -€123,666 | -90.8% |
| Trade debts | 44 | €203,970 | €16,341 | -€187,630 | -92.0% |
| Suppliers | 440/4 | €203,970 | €16,341 | -€187,630 | -92.0% |
| Taxes, remuneration and social security | 45 | €14,048 | €33,576 | +€19,528 | +139% |
| Taxes | 450/3 | €14,048 | €33,576 | +€19,528 | +139% |
| Other amounts payable | 47/48 | €360,000 | €312,751 | -€47,249 | -13.1% |
| Accrued charges and deferred income | 492/3 | €6,983 | €33,441 | +€26,458 | +379% |
| Non-recurring operating income | 76A | €350,686 | - | -€350,686 | |
| Remuneration, social security and pensions | 62 | €227 | - | -€227 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,022 | €46,001 | -€10,021 | -17.9% |
| Other operating charges | 640/8 | €9,185 | €13,958 | +€4,773 | +52.0% |
| Non-recurring operating charges | 66A | €44,451 | €25,076 | -€19,375 | -43.6% |
| Gross operating margin | 9900 | €605,536 | -€50,717 | -€656,253 | |
| Operating profit (loss) | 9901 | €495,651 | -€135,752 | -€631,404 | |
| Financial income | 75/76B | €3,630 | €1,935 | -€1,695 | -46.7% |
| Recurring financial income | 75 | €3,630 | €1,935 | -€1,695 | -46.7% |
| Financial charges | 65/66B | €41,196 | €34,680 | -€6,516 | -15.8% |
| Recurring financial charges | 65 | €41,196 | €34,680 | -€6,516 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €458,085 | -€168,497 | -€626,583 | |
| Income taxes | 67/77 | €32,127 | €135 | -€31,993 | -99.6% |
| Profit (loss) for the period | 9904 | €425,958 | -€168,632 | -€594,590 | |
| Profit (loss) for the period to be appropriated | 9905 | €425,958 | -€168,632 | -€594,590 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.