SYLEM: 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.
SYLEM
Largest movements
- Tangible fixed assets +€6,304
up €6,304 (+148.3%), from €4,251 to €10,555
of which Other tangible fixed assets: +€6,605
- Receivables within one year -€4,016
down €4,016 (-14.2%), from €28,216 to €24,200
of which Other amounts receivable: -€4,016
- Other debts +€10,612
new in 2025: €10,612
- Reserves -€3,637
down €3,637 (-8.9%), from €41,013 to €37,375
of which Distributable reserves: -€3,637
- Tax, wage and social debts -€2,851
down €2,851 (-20.8%), from €13,738 to €10,887
of which Taxes: -€2,865
- Short-term financial debts -€1,185
down €1,185 (-31.1%), from €3,808 to €2,623
- Trade debts -€897
down €897 (-42.5%), from €2,112 to €1,215
- Gross operating margin +€18,847
up €18,847 (+307.0%), from €6,139 to €24,986
- Staff costs +€1,504
new in 2025: €1,504
- Depreciation -€1,432
down €1,432 (-43.2%), from €3,312 to €1,880
- Taxes +€612
up €612 (+371.4%), from €165 to €777
- Financial income -€438
down €438 (-100.0%), from €438 to €0
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,517 | €68,912 | +€2,395 | +3.6% |
| Fixed assets | 21/28 | €38,301 | €44,605 | +€6,304 | +16.5% |
| Tangible fixed assets | 22/27 | €4,251 | €10,555 | +€6,304 | +148.3% |
| Furniture and vehicles | 24 | €1,820 | €1,518 | -€301 | -16.6% |
| Other tangible fixed assets | 26 | €2,432 | €9,037 | +€6,605 | +271.6% |
| Financial fixed assets | 28 | €34,050 | €34,050 | = | 0.0% |
| Current assets | 29/58 | €28,216 | €24,307 | -€3,909 | -13.9% |
| Amounts receivable within one year | 40/41 | €28,216 | €24,200 | -€4,016 | -14.2% |
| Trade receivables | 40 | €24,200 | €24,200 | = | 0.0% |
| Other amounts receivable | 41 | €4,016 | - | -€4,016 | |
| Deferred charges and accrued income | 490/1 | - | €107 | +€107 | |
| Total equity and liabilities | 10/49 | €66,517 | €68,912 | +€2,395 | +3.6% |
| Equity | 10/15 | €46,497 | €43,575 | -€2,922 | -6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,013 | €37,375 | -€3,637 | -8.9% |
| Non-distributable reserves | 130/1 | €1,745 | €1,745 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,745 | €1,745 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,122 | €9,122 | = | 0.0% |
| Distributable reserves | 133 | €30,146 | €26,508 | -€3,637 | -12.1% |
| Profit (loss) carried forward | 14 | -€716 | - | +€716 | |
| Amounts payable | 17/49 | €20,020 | €25,337 | +€5,317 | +26.6% |
| Amounts payable within one year | 42/48 | €19,658 | €25,337 | +€5,679 | +28.9% |
| Financial debts | 43 | €3,808 | €2,623 | -€1,185 | -31.1% |
| Credit institutions | 430/8 | €3,808 | €2,623 | -€1,185 | -31.1% |
| Trade debts | 44 | €2,112 | €1,215 | -€897 | -42.5% |
| Suppliers | 440/4 | €2,112 | €1,215 | -€897 | -42.5% |
| Taxes, remuneration and social security | 45 | €13,738 | €10,887 | -€2,851 | -20.8% |
| Taxes | 450/3 | €11,598 | €8,733 | -€2,865 | -24.7% |
| Remuneration and social security | 454/9 | €2,139 | €2,153 | +€14 | +0.7% |
| Other amounts payable | 47/48 | - | €10,612 | +€10,612 | |
| Accrued charges and deferred income | 492/3 | €362 | - | -€362 | |
| Remuneration, social security and pensions | 62 | - | €1,504 | +€1,504 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,312 | €1,880 | -€1,432 | -43.2% |
| Other operating charges | 640/8 | €12,479 | €12,473 | -€5 | 0.0% |
| Non-recurring operating charges | 66A | €958 | - | -€958 | |
| Gross operating margin | 9900 | €6,139 | €24,986 | +€18,847 | +307.0% |
| Operating profit (loss) | 9901 | -€10,610 | €9,128 | +€19,739 | |
| Financial income | 75/76B | €438 | €0 | -€438 | -100.0% |
| Recurring financial income | 75 | €438 | €0 | -€438 | -100.0% |
| Financial charges | 65/66B | €1,511 | €1,372 | -€139 | -9.2% |
| Recurring financial charges | 65 | €1,511 | €1,372 | -€139 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,683 | €7,757 | +€19,440 | |
| Income taxes | 67/77 | €165 | €777 | +€612 | +371.4% |
| Profit (loss) for the period | 9904 | -€11,848 | €6,980 | +€18,827 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,848 | €6,980 | +€18,827 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.