SYL.TEAM: 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.TEAM
Largest movements
- Cash +€41,039
up €41,039 (+107%), from €38,337 to €79,376
mainly Net result for the year (+€49,141) and Depreciation (+€29,772)
- Tangible fixed assets -€19,538
down €19,538 (-19.5%), from €100,430 to €80,892
of which Leasing and similar rights: -€26,572
- Receivables within one year -€14,899
down €14,899 (-10.2%), from €146,399 to €131,501
of which Trade receivables: -€21,683
- Reserves +€49,000
up €49,000 (+121%), from €40,372 to €89,372
of which Distributable reserves: +€49,000
- Debts after one year -€22,339
down €22,339 (-34.1%), from €65,437 to €43,098
- Other debts -€20,000
down €20,000 (-50.0%), from €40,000 to €20,000
- Gross operating margin +€35,019
up €35,019 (+35.4%), from €98,967 to €133,986
- Taxes +€3,876
up €3,876 (+35.8%), from €10,824 to €14,700
- Financial charges -€2,552
down €2,552 (-26.0%), from €9,830 to €7,278
- Staff costs +€1,801
up €1,801 (+5.8%), from €31,167 to €32,968
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 | €295,027 | €301,882 | +€6,855 | +2.3% |
| Fixed assets | 21/28 | €100,430 | €80,892 | -€19,538 | -19.5% |
| Tangible fixed assets | 22/27 | €100,430 | €80,892 | -€19,538 | -19.5% |
| Furniture and vehicles | 24 | €3,316 | €10,349 | +€7,033 | +212% |
| Leasing and similar rights | 25 | €97,114 | €70,543 | -€26,572 | -27.4% |
| Current assets | 29/58 | €194,597 | €220,991 | +€26,394 | +13.6% |
| Amounts receivable within one year | 40/41 | €146,399 | €131,501 | -€14,899 | -10.2% |
| Trade receivables | 40 | €119,368 | €97,685 | -€21,683 | -18.2% |
| Other amounts receivable | 41 | €27,031 | €33,816 | +€6,785 | +25.1% |
| Cash at bank and in hand | 54/58 | €38,337 | €79,376 | +€41,039 | +107% |
| Deferred charges and accrued income | 490/1 | €9,860 | €10,114 | +€254 | +2.6% |
| Total equity and liabilities | 10/49 | €295,027 | €301,882 | +€6,855 | +2.3% |
| Equity | 10/15 | €80,053 | €129,194 | +€49,141 | +61.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,372 | €89,372 | +€49,000 | +121% |
| 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 | €38,512 | €87,512 | +€49,000 | +127% |
| Profit (loss) carried forward | 14 | €21,081 | €21,222 | +€141 | +0.7% |
| Amounts payable | 17/49 | €214,974 | €172,689 | -€42,286 | -19.7% |
| Amounts payable after more than one year | 17 | €65,437 | €43,098 | -€22,339 | -34.1% |
| Financial debts | 170/4 | €65,437 | €43,098 | -€22,339 | -34.1% |
| Amounts payable within one year | 42/48 | €149,537 | €129,590 | -€19,946 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €26,333 | €27,376 | +€1,043 | +4.0% |
| Trade debts | 44 | €65,407 | €66,134 | +€727 | +1.1% |
| Suppliers | 440/4 | €65,407 | €66,134 | +€727 | +1.1% |
| Taxes, remuneration and social security | 45 | €17,797 | €16,081 | -€1,717 | -9.6% |
| Taxes | 450/3 | €9,000 | €7,344 | -€1,656 | -18.4% |
| Remuneration and social security | 454/9 | €8,797 | €8,737 | -€61 | -0.7% |
| Other amounts payable | 47/48 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Remuneration, social security and pensions | 62 | €31,167 | €32,968 | +€1,801 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,582 | €29,772 | +€190 | +0.6% |
| Other operating charges | 640/8 | €1,160 | €1,207 | +€47 | +4.0% |
| Gross operating margin | 9900 | €98,967 | €133,986 | +€35,019 | +35.4% |
| Operating profit (loss) | 9901 | €37,057 | €70,038 | +€32,981 | +89.0% |
| Financial income | 75/76B | €621 | €1,081 | +€461 | +74.2% |
| Recurring financial income | 75 | €621 | €1,081 | +€461 | +74.2% |
| Financial charges | 65/66B | €9,830 | €7,278 | -€2,552 | -26.0% |
| Recurring financial charges | 65 | €9,830 | €7,278 | -€2,552 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €27,847 | €63,841 | +€35,994 | +129% |
| Income taxes | 67/77 | €10,824 | €14,700 | +€3,876 | +35.8% |
| Profit (loss) for the period | 9904 | €17,023 | €49,141 | +€32,118 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €17,023 | €49,141 | +€32,118 | +189% |
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 18 October 2026 via checked.be.