SYCOS: 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.
SYCOS
Largest movements
- Cash +€24,673
up €24,673 (+188.3%), from €13,100 to €37,773
mainly Net result for the year (+€21,101) and Tax, wage and social debts (+€4,002)
- Profit (loss) carried forward +€21,101
up €21,101 (+257.1%), from €8,208 to €29,309
- Tax, wage and social debts +€4,002
up €4,002 (+212.8%), from €1,881 to €5,882
- Gross operating margin +€19,125
up €19,125 (+227.4%), from €8,409 to €27,533
- Taxes +€4,002
up €4,002 (+212.8%), from €1,881 to €5,882
- Other operating charges -€345
down €345 (-47.1%), from €732 to €387
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,613 | €38,440 | +€24,826 | +182.4% |
| Current assets | 29/58 | €13,613 | €38,440 | +€24,826 | +182.4% |
| Amounts receivable within one year | 40/41 | €513 | €667 | +€154 | +29.9% |
| Trade receivables | 40 | - | €281 | +€281 | |
| Other amounts receivable | 41 | €513 | €386 | -€127 | -24.8% |
| Cash at bank and in hand | 54/58 | €13,100 | €37,773 | +€24,673 | +188.3% |
| Total equity and liabilities | 10/49 | €13,613 | €38,440 | +€24,826 | +182.4% |
| Equity | 10/15 | €11,208 | €32,309 | +€21,101 | +188.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,208 | €29,309 | +€21,101 | +257.1% |
| Amounts payable | 17/49 | €2,405 | €6,131 | +€3,726 | +154.9% |
| Amounts payable within one year | 42/48 | €2,405 | €6,131 | +€3,726 | +154.9% |
| Trade debts | 44 | €348 | €0 | -€348 | -100.0% |
| Suppliers | 440/4 | €348 | €0 | -€348 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,881 | €5,882 | +€4,002 | +212.8% |
| Taxes | 450/3 | €1,881 | €5,882 | +€4,002 | +212.8% |
| Other amounts payable | 47/48 | €176 | €249 | +€73 | +41.2% |
| Other operating charges | 640/8 | €732 | €387 | -€345 | -47.1% |
| Gross operating margin | 9900 | €8,409 | €27,533 | +€19,125 | +227.4% |
| Operating profit (loss) | 9901 | €7,677 | €27,146 | +€19,469 | +253.6% |
| Financial charges | 65/66B | €154 | €163 | +€9 | +6.1% |
| Recurring financial charges | 65 | €154 | €163 | +€9 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €7,523 | €26,983 | +€19,460 | +258.7% |
| Income taxes | 67/77 | €1,881 | €5,882 | +€4,002 | +212.8% |
| Profit (loss) for the period | 9904 | €5,642 | €21,101 | +€15,458 | +274.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,642 | €21,101 | +€15,458 | +274.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.