SYLBECO: 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.
What changed
SYLBECO
NACE 95.316, Washing and cleaning of motor vehicles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€96,276
2024 · €15,739+€80,538
Equity
€192,221
2024 · €78,542+€113,679
Cash
€103,766
2024 · €26,550+€77,217
Balance sheet total
€935,483
2024 · €773,091+€162,392
Largest movements
Assets
- Cash +€77,217
up €77,217 (+291%), from €26,550 to €103,766
mainly Depreciation (+€117,114) and Net result for the year (+€96,276)
- Tangible fixed assets +€75,852
up €75,852 (+10.3%), from €734,270 to €810,122
of which Plant, machinery and equipment: +€95,442
Equity and liabilities
- Debts after one year -€104,203
down €104,203 (-32.8%), from €317,292 to €213,089
- Other debts +€95,785
up €95,785 (+44.2%), from €216,673 to €312,458
- Reserves +€84,770
up €84,770 (+242%), from €35,000 to €119,770
of which Tax-exempt reserves: +€84,770
- Trade debts +€60,887
up €60,887 (+578%), from €10,538 to €71,425
- Profit (loss) carried forward +€28,909
up €28,909 (+816%), from €3,542 to €32,451
Income statement
- Gross operating margin +€142,406
up €142,406 (+56.9%), from €250,389 to €392,795
- Depreciation +€14,305
up €14,305 (+13.9%), from €102,810 to €117,114
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.
Result 2024
€15,739
Gross operating margin
+€142,406
Staff costs
-€2,374
Depreciation
-€14,305
Other operating charges
+€369
Other operating items
-€17,403
Financial income
-€1,998
Financial charges
+€1,626
Taxes
+€474
Deferred taxes and other
-€28,257
Result 2025
€96,276
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€368,153
Investment
-€192,967
Financing
-€97,970
Cash 2024
€26,550
From operations (derived)
+€368,153
Net result for the year
+€96,276
Depreciation
+€117,114
Stocks and contracts
-€5,024
Receivables within one year
-€1,586
Deferred charges and accrued income
-€2,714
Provisions
+€28,257
Trade debts
+€60,887
Tax, wage and social debts
-€22,159
Other debts
+€95,785
Accrued charges and deferred income
+€1,316
Investment (derived)
-€192,967
Investment in fixed assets (net)
-€192,967
Financing
-€97,970
Debts after one year
-€104,203
Current portion of long-term debt
-€11,170
Contributions, distributions and other
+€17,403
Cash 2025
€103,766
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €773,091 | €935,483 | +€162,392 | +21.0% |
| Fixed assets | 21/28 | €734,270 | €810,122 | +€75,852 | +10.3% |
| Tangible fixed assets | 22/27 | €734,270 | €810,122 | +€75,852 | +10.3% |
| Land and buildings | 22 | €478,778 | €467,608 | -€11,170 | -2.3% |
| Plant, machinery and equipment | 23 | €226,793 | €322,235 | +€95,442 | +42.1% |
| Furniture and vehicles | 24 | €28,699 | €20,279 | -€8,420 | -29.3% |
| Current assets | 29/58 | €38,821 | €125,361 | +€86,540 | +223% |
| Stocks and contracts in progress | 3 | €4,264 | €9,288 | +€5,024 | +118% |
| Stocks | 30/36 | €4,264 | €9,288 | +€5,024 | +118% |
| Amounts receivable within one year | 40/41 | €4,720 | €6,306 | +€1,586 | +33.6% |
| Trade receivables | 40 | €4,720 | €6,306 | +€1,586 | +33.6% |
| Cash at bank and in hand | 54/58 | €26,550 | €103,766 | +€77,217 | +291% |
| Deferred charges and accrued income | 490/1 | €3,287 | €6,000 | +€2,714 | +82.6% |
| Total equity and liabilities | 10/49 | €773,091 | €935,483 | +€162,392 | +21.0% |
| Equity | 10/15 | €78,542 | €192,221 | +€113,679 | +145% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €119,770 | +€84,770 | +242% |
| Tax-exempt reserves | 132 | - | €84,770 | +€84,770 | |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,542 | €32,451 | +€28,909 | +816% |
| Provisions and deferred taxes | 16 | - | €28,257 | +€28,257 | |
| Deferred taxes | 168 | - | €28,257 | +€28,257 | |
| Amounts payable | 17/49 | €694,549 | €715,005 | +€20,456 | +2.9% |
| Amounts payable after more than one year | 17 | €317,292 | €213,089 | -€104,203 | -32.8% |
| Financial debts | 170/4 | €317,292 | €213,089 | -€104,203 | -32.8% |
| Amounts payable within one year | 42/48 | €376,497 | €499,841 | +€123,343 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €120,768 | €109,598 | -€11,170 | -9.2% |
| Trade debts | 44 | €10,538 | €71,425 | +€60,887 | +578% |
| Suppliers | 440/4 | €10,538 | €71,425 | +€60,887 | +578% |
| Taxes, remuneration and social security | 45 | €28,518 | €6,359 | -€22,159 | -77.7% |
| Taxes | 450/3 | €17,811 | - | -€17,811 | |
| Remuneration and social security | 454/9 | €10,707 | €6,359 | -€4,348 | -40.6% |
| Other amounts payable | 47/48 | €216,673 | €312,458 | +€95,785 | +44.2% |
| Accrued charges and deferred income | 492/3 | €759 | €2,075 | +€1,316 | +173% |
| Non-recurring operating income | 76A | €618 | €2,000 | +€1,382 | +223% |
| Remuneration, social security and pensions | 62 | €130,371 | €132,745 | +€2,374 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,810 | €117,114 | +€14,305 | +13.9% |
| Other operating charges | 640/8 | €8,437 | €8,068 | -€369 | -4.4% |
| Non-recurring operating charges | 66A | - | €17,403 | +€17,403 | |
| Gross operating margin | 9900 | €250,389 | €392,795 | +€142,406 | +56.9% |
| Operating profit (loss) | 9901 | €8,772 | €117,465 | +€108,693 | +1,239% |
| Financial income | 75/76B | €16,699 | €14,700 | -€1,998 | -12.0% |
| Recurring financial income | 75 | €16,699 | €14,700 | -€1,998 | -12.0% |
| Financial charges | 65/66B | €8,802 | €7,176 | -€1,626 | -18.5% |
| Recurring financial charges | 65 | €8,802 | €7,176 | -€1,626 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €16,668 | €124,989 | +€108,321 | +650% |
| Transfer from deferred taxes | 780 | - | €452 | +€452 | |
| Transfer to deferred taxes | 680 | - | €28,709 | +€28,709 | |
| Income taxes | 67/77 | €929 | €456 | -€474 | -51.0% |
| Profit (loss) for the period | 9904 | €15,739 | €96,276 | +€80,538 | +512% |
| Transfer from tax-exempt reserves | 789 | - | €1,356 | +€1,356 | |
| Transfer to tax-exempt reserves | 689 | - | €86,126 | +€86,126 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,739 | €11,506 | -€4,232 | -26.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.