SYBO CONSULT: 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.
SYBO CONSULT
Largest movements
- Receivables within one year +€61,390
new in 2025: €61,390
of which Trade receivables: +€59,600
- Tangible fixed assets -€39,366
down €39,366 (-3.5%), from €1.1m to €1.1m
- Profit (loss) carried forward +€92,977
no longer reported in 2025 (was -€92,977)
- Debts after one year -€71,438
down €71,438 (-7.2%), from €991,829 to €920,391
- Reserves +€48,103
up €48,103 (+8.8%), from €547,245 to €595,348
- Other debts -€29,431
down €29,431 (-46.9%), from €62,757 to €33,325
- Gross operating margin +€24,121
up €24,121 (+14.0%), from €172,773 to €196,894
- Depreciation +€12,393
up €12,393 (+24.4%), from €50,844 to €63,237
- Financial income +€5,882
up €5,882 (+23.5%), from €25,026 to €30,908
- Financial charges +€4,112
up €4,112 (+22.4%), from €18,352 to €22,464
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 | €1,636,581 | €1,672,082 | +€35,501 | +2.2% |
| Fixed assets | 21/28 | €1,633,257 | €1,593,891 | -€39,366 | -2.4% |
| Tangible fixed assets | 22/27 | €1,134,401 | €1,095,035 | -€39,366 | -3.5% |
| Land and buildings | 22 | €1,134,401 | €1,095,035 | -€39,366 | -3.5% |
| Financial fixed assets | 28 | €498,856 | €498,856 | = | 0.0% |
| Current assets | 29/58 | €3,324 | €78,192 | +€74,867 | +2,252% |
| Amounts receivable within one year | 40/41 | - | €61,390 | +€61,390 | |
| Trade receivables | 40 | - | €59,600 | +€59,600 | |
| Other amounts receivable | 41 | - | €1,790 | +€1,790 | |
| Cash at bank and in hand | 54/58 | €1,349 | €14,979 | +€13,630 | +1,011% |
| Deferred charges and accrued income | 490/1 | €1,976 | €1,823 | -€153 | -7.7% |
| Total equity and liabilities | 10/49 | €1,636,581 | €1,672,082 | +€35,501 | +2.2% |
| Equity | 10/15 | €474,268 | €615,348 | +€141,080 | +29.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €547,245 | €595,348 | +€48,103 | +8.8% |
| Distributable reserves | 133 | €547,245 | €595,348 | +€48,103 | +8.8% |
| Profit (loss) carried forward | 14 | -€92,977 | - | +€92,977 | |
| Amounts payable | 17/49 | €1,162,313 | €1,056,734 | -€105,579 | -9.1% |
| Amounts payable after more than one year | 17 | €991,829 | €920,391 | -€71,438 | -7.2% |
| Financial debts | 170/4 | €991,829 | €920,391 | -€71,438 | -7.2% |
| Amounts payable within one year | 42/48 | €168,084 | €131,611 | -€36,473 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €78,384 | €74,642 | -€3,742 | -4.8% |
| Trade debts | 44 | €14,851 | €6,692 | -€8,159 | -54.9% |
| Suppliers | 440/4 | €14,851 | €6,692 | -€8,159 | -54.9% |
| Taxes, remuneration and social security | 45 | €12,092 | €16,951 | +€4,859 | +40.2% |
| Taxes | 450/3 | €10,394 | €15,252 | +€4,858 | +46.7% |
| Remuneration and social security | 454/9 | €1,698 | €1,699 | +€1 | +0.1% |
| Other amounts payable | 47/48 | €62,757 | €33,325 | -€29,431 | -46.9% |
| Accrued charges and deferred income | 492/3 | €2,400 | €4,732 | +€2,332 | +97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,844 | €63,237 | +€12,393 | +24.4% |
| Other operating charges | 640/8 | €1,094 | €1,022 | -€72 | -6.6% |
| Gross operating margin | 9900 | €172,773 | €196,894 | +€24,121 | +14.0% |
| Operating profit (loss) | 9901 | €120,835 | €132,636 | +€11,801 | +9.8% |
| Financial income | 75/76B | €25,026 | €30,908 | +€5,882 | +23.5% |
| Recurring financial income | 75 | €25,026 | €30,908 | +€5,882 | +23.5% |
| Financial charges | 65/66B | €18,352 | €22,464 | +€4,112 | +22.4% |
| Recurring financial charges | 65 | €18,352 | €22,464 | +€4,112 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €127,508 | €141,080 | +€13,571 | +10.6% |
| Profit (loss) for the period | 9904 | €127,508 | €141,080 | +€13,571 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €127,508 | €141,080 | +€13,571 | +10.6% |
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 31 October 2026 via checked.be.