SYHARO: 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.
SYHARO
Largest movements
- Receivables within one year +€41,453
up €41,453 (+83.2%), from €49,837 to €91,291
of which Other amounts receivable: +€38,321
- Receivables after one year -€20,000
down €20,000 (-36.4%), from €55,000 to €35,000
- Tangible fixed assets +€5,052
up €5,052 (+17.3%), from €29,149 to €34,201
of which Plant, machinery and equipment: +€10,498
- Deferred charges and accrued income +€3,958
up €3,958 (+317.5%), from €1,246 to €5,204
- Reserves +€22,301
up €22,301 (+27.6%), from €80,667 to €102,968
of which Distributable reserves: +€22,301
- Tax, wage and social debts -€5,255
down €5,255 (-27.5%), from €19,090 to €13,835
- Current portion of long-term debt +€4,730
up €4,730 (+98.2%), from €4,815 to €9,545
- Debts after one year +€3,801
up €3,801 (+31.7%), from €11,976 to €15,777
- Short-term financial debts +€3,136
up €3,136 (+53.9%), from €5,821 to €8,957
- Gross operating margin +€3,838
up €3,838 (+9.3%), from €41,222 to €45,059
- Depreciation +€2,164
up €2,164 (+37.6%), from €5,748 to €7,913
- Financial income +€972
up €972 (+28.3%), from €3,429 to €4,401
- Taxes +€654
up €654 (+4.8%), from €13,658 to €14,312
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 | €135,233 | €165,946 | +€30,713 | +22.7% |
| Fixed assets | 21/28 | €29,149 | €34,201 | +€5,052 | +17.3% |
| Tangible fixed assets | 22/27 | €29,149 | €34,201 | +€5,052 | +17.3% |
| Land and buildings | 22 | €9,197 | €3,116 | -€6,082 | -66.1% |
| Plant, machinery and equipment | 23 | €3,737 | €14,235 | +€10,498 | +280.9% |
| Furniture and vehicles | 24 | €16,215 | €16,851 | +€636 | +3.9% |
| Current assets | 29/58 | €106,084 | €131,745 | +€25,661 | +24.2% |
| Amounts receivable after more than one year | 29 | €55,000 | €35,000 | -€20,000 | -36.4% |
| Other amounts receivable | 291 | €55,000 | €35,000 | -€20,000 | -36.4% |
| Amounts receivable within one year | 40/41 | €49,837 | €91,291 | +€41,453 | +83.2% |
| Trade receivables | 40 | €11,780 | €14,913 | +€3,132 | +26.6% |
| Other amounts receivable | 41 | €38,057 | €76,378 | +€38,321 | +100.7% |
| Cash at bank and in hand | 54/58 | - | €250 | +€250 | |
| Deferred charges and accrued income | 490/1 | €1,246 | €5,204 | +€3,958 | +317.5% |
| Total equity and liabilities | 10/49 | €135,233 | €165,946 | +€30,713 | +22.7% |
| Equity | 10/15 | €86,867 | €109,168 | +€22,301 | +25.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,667 | €102,968 | +€22,301 | +27.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €78,807 | €101,108 | +€22,301 | +28.3% |
| Amounts payable | 17/49 | €48,366 | €56,778 | +€8,413 | +17.4% |
| Amounts payable after more than one year | 17 | €11,976 | €15,777 | +€3,801 | +31.7% |
| Financial debts | 170/4 | €11,976 | €15,777 | +€3,801 | +31.7% |
| Amounts payable within one year | 42/48 | €35,190 | €39,801 | +€4,611 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €4,815 | €9,545 | +€4,730 | +98.2% |
| Financial debts | 43 | €5,821 | €8,957 | +€3,136 | +53.9% |
| Credit institutions | 430/8 | €5,821 | €8,957 | +€3,136 | +53.9% |
| Trade debts | 44 | €3,798 | €5,799 | +€2,000 | +52.7% |
| Suppliers | 440/4 | €3,798 | €5,799 | +€2,000 | +52.7% |
| Taxes, remuneration and social security | 45 | €19,090 | €13,835 | -€5,255 | -27.5% |
| Taxes | 450/3 | €19,090 | €13,835 | -€5,255 | -27.5% |
| Other amounts payable | 47/48 | €1,666 | €1,666 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,748 | €7,913 | +€2,164 | +37.6% |
| Other operating charges | 640/8 | €440 | €764 | +€324 | +73.5% |
| Gross operating margin | 9900 | €41,222 | €45,059 | +€3,838 | +9.3% |
| Operating profit (loss) | 9901 | €35,033 | €36,383 | +€1,350 | +3.9% |
| Financial income | 75/76B | €3,429 | €4,401 | +€972 | +28.3% |
| Recurring financial income | 75 | €3,429 | €4,401 | +€972 | +28.3% |
| Financial charges | 65/66B | €2,534 | €2,505 | -€29 | -1.1% |
| Recurring financial charges | 65 | €2,534 | €2,505 | -€29 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €35,928 | €38,279 | +€2,351 | +6.5% |
| Income taxes | 67/77 | €13,658 | €14,312 | +€654 | +4.8% |
| Profit (loss) for the period | 9904 | €22,270 | €23,967 | +€1,697 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,270 | €23,967 | +€1,697 | +7.6% |
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.