SYGLE: 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.
SYGLE
Largest movements
- Cash +€16,888
new in 2025: €16,888
mainly Depreciation (+€15,409) and Net result for the year (+€8,747)
- Tangible fixed assets -€15,408
down €15,408 (-27.8%), from €55,429 to €40,021
of which Furniture and vehicles: -€11,948
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€59,134
down €59,134 (-99.9%), from €59,209 to €75
- Taxes -€17,031
down €17,031 (-81.5%), from €20,900 to €3,869
- Financial income -€7,666
down €7,666 (-20.4%), from €37,646 to €29,980
of which Non-recurring financial income: -€37,475
- Financial charges -€6,694
down €6,694 (-81.4%), from €8,225 to €1,531
of which Non-recurring financial charges: -€6,855
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 | €473,307 | €471,578 | -€1,729 | -0.4% |
| Fixed assets | 21/28 | €428,591 | €413,141 | -€15,450 | -3.6% |
| Tangible fixed assets | 22/27 | €55,429 | €40,021 | -€15,408 | -27.8% |
| Plant, machinery and equipment | 23 | €20,572 | €17,112 | -€3,460 | -16.8% |
| Furniture and vehicles | 24 | €34,857 | €22,909 | -€11,948 | -34.3% |
| Financial fixed assets | 28 | €373,162 | €373,120 | -€42 | 0.0% |
| Current assets | 29/58 | €44,716 | €58,437 | +€13,721 | +30.7% |
| Amounts receivable within one year | 40/41 | €38,823 | €37,922 | -€901 | -2.3% |
| Trade receivables | 40 | €34,343 | €33,633 | -€710 | -2.1% |
| Other amounts receivable | 41 | €4,480 | €4,289 | -€191 | -4.3% |
| Current investments | 50/53 | €1 | €1 | -€0 | -19.0% |
| Cash at bank and in hand | 54/58 | - | €16,888 | +€16,888 | |
| Deferred charges and accrued income | 490/1 | €5,892 | €3,626 | -€2,266 | -38.5% |
| Total equity and liabilities | 10/49 | €473,307 | €471,578 | -€1,729 | -0.4% |
| Equity | 10/15 | €433,964 | €436,211 | +€2,247 | +0.5% |
| Contributions | 10/11 | €379,420 | €379,420 | = | 0.0% |
| Reserves | 13 | €6,157 | €6,157 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €4,092 | €4,092 | +€0 | 0.0% |
| Distributable reserves | 133 | €2,065 | €2,065 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €48,387 | €50,633 | +€2,246 | +4.6% |
| Amounts payable | 17/49 | €39,343 | €35,367 | -€3,976 | -10.1% |
| Amounts payable within one year | 42/48 | €39,343 | €35,367 | -€3,976 | -10.1% |
| Financial debts | 43 | €2,740 | - | -€2,740 | |
| Credit institutions | 430/8 | €2,740 | - | -€2,740 | |
| Trade debts | 44 | - | €326 | +€326 | |
| Suppliers | 440/4 | - | €326 | +€326 | |
| Taxes, remuneration and social security | 45 | €30,547 | €26,269 | -€4,278 | -14.0% |
| Taxes | 450/3 | €24,536 | €26,269 | +€1,733 | +7.1% |
| Remuneration and social security | 454/9 | €6,011 | - | -€6,011 | |
| Other amounts payable | 47/48 | €6,056 | €8,772 | +€2,716 | +44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,773 | €15,409 | -€364 | -2.3% |
| Other operating charges | 640/8 | €651 | €501 | -€150 | -23.1% |
| Gross operating margin | 9900 | €59,209 | €75 | -€59,134 | -99.9% |
| Operating profit (loss) | 9901 | €42,785 | -€15,834 | -€58,619 | |
| Financial income | 75/76B | €37,646 | €29,980 | -€7,666 | -20.4% |
| Recurring financial income | 75 | €171 | €29,980 | +€29,809 | +17,432% |
| Non-recurring financial income | 76B | €37,475 | - | -€37,475 | |
| Financial charges | 65/66B | €8,225 | €1,531 | -€6,694 | -81.4% |
| Recurring financial charges | 65 | €702 | €863 | +€161 | +22.9% |
| Non-recurring financial charges | 66B | €7,523 | €668 | -€6,855 | -91.1% |
| Profit (loss) for the period before taxes | 9903 | €72,206 | €12,615 | -€59,591 | -82.5% |
| Income taxes | 67/77 | €20,900 | €3,869 | -€17,031 | -81.5% |
| Profit (loss) for the period | 9904 | €51,306 | €8,747 | -€42,559 | -83.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,306 | €8,747 | -€42,559 | -83.0% |
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 23 October 2026 via checked.be.