SYDES: 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.
SYDES
Largest movements
- Receivables within one year +€119,980
up €119,980 (+7.5%), from €1.6m to €1.7m
of which Trade receivables: +€118,749
- Other debts +€69,525
up €69,525 (+253.6%), from €27,415 to €96,940
- Profit (loss) carried forward +€21,178
up €21,178 (+2.4%), from €871,027 to €892,206
- Trade debts +€18,803
up €18,803 (+3.0%), from €624,515 to €643,318
- Gross operating margin +€26,107
up €26,107, from -€1,232 to €24,875
- Taxes +€2,474
up €2,474 (+2749177.8%), from €0 to €2,474
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 | €1,593,195 | €1,713,141 | +€119,946 | +7.5% |
| Fixed assets | 21/28 | €1,686 | €1,686 | = | 0.0% |
| Financial fixed assets | 28 | €1,686 | €1,686 | = | 0.0% |
| Current assets | 29/58 | €1,591,510 | €1,711,455 | +€119,946 | +7.5% |
| Amounts receivable within one year | 40/41 | €1,590,601 | €1,710,581 | +€119,980 | +7.5% |
| Trade receivables | 40 | €333,688 | €452,437 | +€118,749 | +35.6% |
| Other amounts receivable | 41 | €1,256,914 | €1,258,144 | +€1,231 | +0.1% |
| Cash at bank and in hand | 54/58 | €908 | €874 | -€34 | -3.8% |
| Total equity and liabilities | 10/49 | €1,593,195 | €1,713,141 | +€119,946 | +7.5% |
| Equity | 10/15 | €939,227 | €960,406 | +€21,178 | +2.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €871,027 | €892,206 | +€21,178 | +2.4% |
| Amounts payable | 17/49 | €653,968 | €752,735 | +€98,767 | +15.1% |
| Amounts payable within one year | 42/48 | €653,968 | €752,735 | +€98,767 | +15.1% |
| Trade debts | 44 | €624,515 | €643,318 | +€18,803 | +3.0% |
| Suppliers | 440/4 | €624,515 | €643,318 | +€18,803 | +3.0% |
| Advances received on contracts in progress | 46 | €234 | €234 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,804 | €12,243 | +€10,439 | +578.6% |
| Taxes | 450/3 | €1,804 | €12,243 | +€10,439 | +578.6% |
| Other amounts payable | 47/48 | €27,415 | €96,940 | +€69,525 | +253.6% |
| Other operating charges | 640/8 | €1,003 | €982 | -€21 | -2.1% |
| Gross operating margin | 9900 | -€1,232 | €24,875 | +€26,107 | |
| Operating profit (loss) | 9901 | -€2,235 | €23,894 | +€26,129 | |
| Financial income | 75/76B | €1 | €1 | +€0 | +50.8% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +50.8% |
| Financial charges | 65/66B | €302 | €242 | -€60 | -19.9% |
| Recurring financial charges | 65 | €302 | €242 | -€60 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,536 | €23,653 | +€26,189 | |
| Income taxes | 67/77 | €0 | €2,474 | +€2,474 | +2749177.8% |
| Profit (loss) for the period | 9904 | -€2,536 | €21,178 | +€23,715 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,536 | €21,178 | +€23,715 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.