SYDELITY: 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.
SYDELITY
Largest movements
- Receivables within one year +€21,723
up €21,723 (+47.8%), from €45,403 to €67,126
of which Trade receivables: +€21,723
- Intangible fixed assets -€11,978
down €11,978 (-33.3%), from €35,934 to €23,956
- Cash +€6,281
up €6,281 (+239.4%), from €2,624 to €8,905
mainly Net result for the year (+€19,958) and Depreciation (+€13,823)
- Tangible fixed assets -€1,845
down €1,845 (-45.7%), from €4,038 to €2,193
of which Plant, machinery and equipment: -€1,352
- Deferred charges and accrued income +€1,091
up €1,091 (+27.4%), from €3,983 to €5,074
- Profit (loss) carried forward +€19,958
up €19,958 (+50.2%), from -€39,774 to -€19,817
- Other debts -€16,049
down €16,049 (-21.1%), from €75,927 to €59,877
- Short-term financial debts +€10,888
up €10,888 (+1301.6%), from €837 to €11,725
of which Other loans: +€11,000
- Gross operating margin +€26,466
up €26,466 (+288.5%), from €9,173 to €35,639
- Depreciation +€6,096
up €6,096 (+78.9%), from €7,728 to €13,823
- Other operating charges +€461
up €461 (+83.1%), from €555 to €1,015
- Financial charges +€459
up €459 (+188.0%), from €244 to €703
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 | €91,982 | €107,254 | +€15,272 | +16.6% |
| Fixed assets | 21/28 | €39,972 | €26,149 | -€13,823 | -34.6% |
| Intangible fixed assets | 21 | €35,934 | €23,956 | -€11,978 | -33.3% |
| Tangible fixed assets | 22/27 | €4,038 | €2,193 | -€1,845 | -45.7% |
| Plant, machinery and equipment | 23 | €2,946 | €1,593 | -€1,352 | -45.9% |
| Furniture and vehicles | 24 | €1,092 | €600 | -€493 | -45.1% |
| Current assets | 29/58 | €52,010 | €81,105 | +€29,095 | +55.9% |
| Amounts receivable within one year | 40/41 | €45,403 | €67,126 | +€21,723 | +47.8% |
| Trade receivables | 40 | €45,403 | €67,126 | +€21,723 | +47.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,624 | €8,905 | +€6,281 | +239.4% |
| Deferred charges and accrued income | 490/1 | €3,983 | €5,074 | +€1,091 | +27.4% |
| Total equity and liabilities | 10/49 | €91,982 | €107,254 | +€15,272 | +16.6% |
| Equity | 10/15 | €1,603 | €21,560 | +€19,958 | +1245.2% |
| Contributions | 10/11 | €41,377 | €41,377 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,774 | -€19,817 | +€19,958 | +50.2% |
| Amounts payable | 17/49 | €90,379 | €85,694 | -€4,686 | -5.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €87,171 | €82,485 | -€4,686 | -5.4% |
| Financial debts | 43 | €837 | €11,725 | +€10,888 | +1301.6% |
| Credit institutions | 430/8 | €837 | €725 | -€112 | -13.4% |
| Other loans | 439 | - | €11,000 | +€11,000 | |
| Trade debts | 44 | €6,294 | €5,773 | -€520 | -8.3% |
| Suppliers | 440/4 | €6,294 | €5,773 | -€520 | -8.3% |
| Taxes, remuneration and social security | 45 | €4,114 | €5,110 | +€995 | +24.2% |
| Taxes | 450/3 | €4,114 | €5,110 | +€995 | +24.2% |
| Other amounts payable | 47/48 | €75,927 | €59,877 | -€16,049 | -21.1% |
| Accrued charges and deferred income | 492/3 | €3,208 | €3,208 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,728 | €13,823 | +€6,096 | +78.9% |
| Other operating charges | 640/8 | €555 | €1,015 | +€461 | +83.1% |
| Gross operating margin | 9900 | €9,173 | €35,639 | +€26,466 | +288.5% |
| Operating profit (loss) | 9901 | €891 | €20,800 | +€19,910 | +2235.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €244 | €703 | +€459 | +188.0% |
| Recurring financial charges | 65 | €244 | €703 | +€459 | +188.0% |
| Profit (loss) for the period before taxes | 9903 | €647 | €20,099 | +€19,452 | +3008.6% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €507 | €19,958 | +€19,451 | +3836.2% |
| Profit (loss) for the period to be appropriated | 9905 | €507 | €19,958 | +€19,451 | +3836.2% |
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 9 October 2026 via checked.be.