SYL COMPANY: 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.
SYL COMPANY
Largest movements
- Receivables within one year +€26,736
new in 2024: €26,736
of which Trade receivables: +€17,114
- Cash +€3,548
up €3,548 (+355%), from €1,000 to €4,548
mainly Tax, wage and social debts (+€11,232) and Other debts (+€7,961)
- Tax, wage and social debts +€11,232
new in 2024: €11,232
of which Remuneration and social security: +€7,576
- Other debts +€7,961
new in 2024: €7,961
- Profit (loss) carried forward +€5,757
up €5,757, from -€0 to €5,757
- Trade debts +€5,580
new in 2024: €5,580
- Gross operating margin +€27,515
new in 2024: €27,515
- Staff costs +€18,431
new in 2024: €18,431
- Taxes +€2,373
new in 2024: €2,373
- Other operating charges +€500
new in 2024: €500
- Financial charges +€370
up €370 (+246,427%), from €0 to €370
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,000 | €40,531 | +€30,531 | +305% |
| Fixed assets | 21/28 | €9,000 | €9,247 | +€247 | +2.7% |
| Tangible fixed assets | 22/27 | - | €247 | +€247 | |
| Furniture and vehicles | 24 | - | €247 | +€247 | |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €1,000 | €31,284 | +€30,284 | +3,029% |
| Amounts receivable within one year | 40/41 | - | €26,736 | +€26,736 | |
| Trade receivables | 40 | - | €17,114 | +€17,114 | |
| Other amounts receivable | 41 | - | €9,622 | +€9,622 | |
| Cash at bank and in hand | 54/58 | €1,000 | €4,548 | +€3,548 | +355% |
| Total equity and liabilities | 10/49 | €10,000 | €40,531 | +€30,531 | +305% |
| Equity | 10/15 | €10,000 | €15,757 | +€5,757 | +57.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€0 | €5,757 | +€5,757 | |
| Amounts payable | 17/49 | - | €24,773 | +€24,773 | |
| Amounts payable within one year | 42/48 | - | €24,773 | +€24,773 | |
| Trade debts | 44 | - | €5,580 | +€5,580 | |
| Suppliers | 440/4 | - | €5,580 | +€5,580 | |
| Taxes, remuneration and social security | 45 | - | €11,232 | +€11,232 | |
| Taxes | 450/3 | - | €3,656 | +€3,656 | |
| Remuneration and social security | 454/9 | - | €7,576 | +€7,576 | |
| Other amounts payable | 47/48 | - | €7,961 | +€7,961 | |
| Remuneration, social security and pensions | 62 | - | €18,431 | +€18,431 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €84 | +€84 | |
| Other operating charges | 640/8 | - | €500 | +€500 | |
| Gross operating margin | 9900 | - | €27,515 | +€27,515 | |
| Operating profit (loss) | 9901 | - | €8,500 | +€8,500 | |
| Financial charges | 65/66B | €0 | €370 | +€370 | +246,427% |
| Recurring financial charges | 65 | €0 | €370 | +€370 | +246,427% |
| Profit (loss) for the period before taxes | 9903 | -€0 | €8,130 | +€8,131 | |
| Income taxes | 67/77 | - | €2,373 | +€2,373 | |
| Profit (loss) for the period | 9904 | -€0 | €5,757 | +€5,758 | |
| Profit (loss) for the period to be appropriated | 9905 | -€0 | €5,757 | +€5,758 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.