SYGURO: 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.
SYGURO
Largest movements
- Cash +€128,510
up €128,510 (+89.1%), from €144,161 to €272,670
mainly Advances received (+€149,480) and Net result for the year (+€83,225)
- Receivables within one year +€18,884
up €18,884 (+486%), from €3,885 to €22,769
of which Trade receivables: +€15,669
- Advances received +€149,480
up €149,480 (+2,329%), from €6,417 to €155,897
No income-statement line moved by more than 1% of the activity.
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 | €234,196 | €383,839 | +€149,644 | +63.9% |
| Fixed assets | 21/28 | €85,052 | €85,052 | = | 0.0% |
| Financial fixed assets | 28 | €85,052 | €85,052 | = | 0.0% |
| Current assets | 29/58 | €149,144 | €298,787 | +€149,644 | +100% |
| Amounts receivable within one year | 40/41 | €3,885 | €22,769 | +€18,884 | +486% |
| Trade receivables | 40 | €0 | €15,669 | +€15,669 | |
| Other amounts receivable | 41 | €3,885 | €7,100 | +€3,215 | +82.8% |
| Cash at bank and in hand | 54/58 | €144,161 | €272,670 | +€128,510 | +89.1% |
| Deferred charges and accrued income | 490/1 | €1,098 | €3,348 | +€2,250 | +205% |
| Total equity and liabilities | 10/49 | €234,196 | €383,839 | +€149,644 | +63.9% |
| Equity | 10/15 | €84,162 | €87,379 | +€3,217 | +3.8% |
| Contributions | 10/11 | €20,002 | €20,002 | = | 0.0% |
| Reserves | 13 | €64,160 | €67,377 | +€3,217 | +5.0% |
| Distributable reserves | 133 | €64,160 | €67,377 | +€3,217 | +5.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €150,034 | €296,460 | +€146,427 | +97.6% |
| Amounts payable within one year | 42/48 | €90,792 | €239,103 | +€148,312 | +163% |
| Trade debts | 44 | €1,766 | €1,795 | +€29 | +1.6% |
| Suppliers | 440/4 | €1,766 | €1,795 | +€29 | +1.6% |
| Advances received on contracts in progress | 46 | €6,417 | €155,897 | +€149,480 | +2,329% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €82,608 | €81,411 | -€1,197 | -1.4% |
| Accrued charges and deferred income | 492/3 | €59,242 | €57,357 | -€1,885 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €626 | €887 | +€261 | +41.6% |
| Non-recurring operating charges | 66A | - | €117 | +€117 | |
| Gross operating margin | 9900 | €112,011 | €112,706 | +€694 | +0.6% |
| Operating profit (loss) | 9901 | €111,385 | €111,702 | +€317 | +0.3% |
| Financial charges | 65/66B | €640 | €577 | -€63 | -9.9% |
| Recurring financial charges | 65 | €640 | €577 | -€63 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €110,745 | €111,125 | +€380 | +0.3% |
| Income taxes | 67/77 | €28,113 | €27,900 | -€213 | -0.8% |
| Profit (loss) for the period | 9904 | €82,632 | €83,225 | +€593 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,632 | €83,225 | +€593 | +0.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.