SYLCO: what changed
Two fiscal 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.
SYLCO
Largest movements
- Tangible fixed assets -€61,484
down €61,484 (-62.9%), from €97,801 to €36,317
of which Land and buildings: -€60,672
- Receivables within one year -€8,365
down €8,365 (-13.8%), from €60,430 to €52,064
of which Other amounts receivable: -€8,365
- Cash +€4,604
up €4,604 (+108.3%), from €4,249 to €8,853
mainly Depreciation (+€61,484) and Receivables within one year (+€8,365)
- Profit (loss) carried forward -€39,348
down €39,348 (-109.9%), from -€35,792 to -€75,140
- Other debts -€21,023
down €21,023 (-100.0%), from €21,023 to €0
- Trade debts -€11,373
down €11,373 (-100.0%), from €11,373 to €0
- Accrued charges and deferred income +€5,000
new in 2025: €5,000
- Other operating charges -€61,844
down €61,844 (-95.7%), from €64,596 to €2,752
- Depreciation +€43,949
up €43,949 (+250.6%), from €17,536 to €61,484
- Gross operating margin +€33,189
up €33,189, from -€8,233 to €24,956
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 | €164,803 | €98,060 | -€66,744 | -40.5% |
| Fixed assets | 21/28 | €97,801 | €36,317 | -€61,484 | -62.9% |
| Tangible fixed assets | 22/27 | €97,801 | €36,317 | -€61,484 | -62.9% |
| Land and buildings | 22 | €93,741 | €33,069 | -€60,672 | -64.7% |
| Plant, machinery and equipment | 23 | €4,061 | €3,248 | -€812 | -20.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €67,002 | €61,742 | -€5,259 | -7.8% |
| Amounts receivable within one year | 40/41 | €60,430 | €52,064 | -€8,365 | -13.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €60,430 | €52,064 | -€8,365 | -13.8% |
| Cash at bank and in hand | 54/58 | €4,249 | €8,853 | +€4,604 | +108.3% |
| Deferred charges and accrued income | 490/1 | €2,323 | €825 | -€1,498 | -64.5% |
| Total equity and liabilities | 10/49 | €164,803 | €98,060 | -€66,744 | -40.5% |
| Equity | 10/15 | €132,408 | €93,060 | -€39,348 | -29.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €106,200 | €106,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,792 | -€75,140 | -€39,348 | -109.9% |
| Amounts payable | 17/49 | €32,395 | €5,000 | -€27,395 | -84.6% |
| Amounts payable within one year | 42/48 | €32,395 | €0 | -€32,395 | -100.0% |
| Trade debts | 44 | €11,373 | €0 | -€11,373 | -100.0% |
| Suppliers | 440/4 | €11,373 | €0 | -€11,373 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,023 | €0 | -€21,023 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,536 | €61,484 | +€43,949 | +250.6% |
| Other operating charges | 640/8 | €64,596 | €2,752 | -€61,844 | -95.7% |
| Gross operating margin | 9900 | -€8,233 | €24,956 | +€33,189 | |
| Operating profit (loss) | 9901 | -€90,365 | -€39,281 | +€51,084 | +56.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €54 | €67 | +€13 | +24.5% |
| Recurring financial charges | 65 | €54 | €67 | +€13 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | -€90,419 | -€39,348 | +€51,070 | +56.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€90,419 | -€39,348 | +€51,070 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,419 | -€39,348 | +€51,070 | +56.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.