SYLEST: 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.
SYLEST
Largest movements
- Deferred charges and accrued income +€31,767
up €31,767 (+1,024%), from €3,101 to €34,868
- Tangible fixed assets -€27,122
down €27,122 (-13.9%), from €194,709 to €167,587
of which Furniture and vehicles: -€16,267
- Current investments -€18,809
down €18,809 (-33.4%), from €56,302 to €37,494
- Debts after one year -€13,333
no longer reported in 2025 (was €13,333)
- Tax, wage and social debts -€6,320
down €6,320 (-56.5%), from €11,189 to €4,869
- Other debts +€4,169
up €4,169 (+44.6%), from €9,343 to €13,512
- Trade debts -€3,153
down €3,153 (-47.0%), from €6,703 to €3,550
- Gross operating margin -€31,822
down €31,822 (-40.2%), from €79,162 to €47,340
- Staff costs -€29,271
no longer reported in 2025 (was €29,271)
- Provisions +€2,018
no longer reported in 2025 (was -€2,018)
- Financial charges -€1,883
down €1,883 (-45.9%), from €4,102 to €2,218
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 | €306,895 | €288,131 | -€18,764 | -6.1% |
| Fixed assets | 21/28 | €194,710 | €167,588 | -€27,122 | -13.9% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €194,709 | €167,587 | -€27,122 | -13.9% |
| Land and buildings | 22 | €110,960 | €103,325 | -€7,635 | -6.9% |
| Plant, machinery and equipment | 23 | €17,336 | €14,116 | -€3,220 | -18.6% |
| Furniture and vehicles | 24 | €61,769 | €45,501 | -€16,267 | -26.3% |
| Other tangible fixed assets | 26 | €4,645 | €4,645 | = | 0.0% |
| Current assets | 29/58 | €112,185 | €120,542 | +€8,358 | +7.4% |
| Amounts receivable within one year | 40/41 | €6,076 | €4,040 | -€2,036 | -33.5% |
| Trade receivables | 40 | €5,036 | €3,000 | -€2,036 | -40.4% |
| Other amounts receivable | 41 | €1,040 | €1,040 | = | 0.0% |
| Current investments | 50/53 | €56,302 | €37,494 | -€18,809 | -33.4% |
| Cash at bank and in hand | 54/58 | €46,706 | €44,141 | -€2,565 | -5.5% |
| Deferred charges and accrued income | 490/1 | €3,101 | €34,868 | +€31,767 | +1,024% |
| Total equity and liabilities | 10/49 | €306,895 | €288,131 | -€18,764 | -6.1% |
| Equity | 10/15 | €251,987 | €252,395 | +€408 | +0.2% |
| Contributions | 10/11 | €7,349 | €7,349 | = | 0.0% |
| Reserves | 13 | €244,638 | €245,046 | +€408 | +0.2% |
| Tax-exempt reserves | 132 | €91,053 | €91,053 | = | 0.0% |
| Distributable reserves | 133 | €153,585 | €153,993 | +€408 | +0.3% |
| Amounts payable | 17/49 | €54,908 | €35,736 | -€19,172 | -34.9% |
| Amounts payable after more than one year | 17 | €13,333 | - | -€13,333 | |
| Financial debts | 170/4 | €13,333 | - | -€13,333 | |
| Amounts payable within one year | 42/48 | €40,567 | €35,264 | -€5,303 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €13,333 | €13,333 | = | 0.0% |
| Trade debts | 44 | €6,703 | €3,550 | -€3,153 | -47.0% |
| Suppliers | 440/4 | €6,703 | €3,550 | -€3,153 | -47.0% |
| Taxes, remuneration and social security | 45 | €11,189 | €4,869 | -€6,320 | -56.5% |
| Taxes | 450/3 | €11,189 | €4,869 | -€6,320 | -56.5% |
| Other amounts payable | 47/48 | €9,343 | €13,512 | +€4,169 | +44.6% |
| Accrued charges and deferred income | 492/3 | €1,008 | €472 | -€536 | -53.2% |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €29,271 | - | -€29,271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,282 | €28,392 | +€109 | +0.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,018 | - | +€2,018 | |
| Other operating charges | 640/8 | €916 | €1,178 | +€262 | +28.6% |
| Gross operating margin | 9900 | €79,162 | €47,340 | -€31,822 | -40.2% |
| Operating profit (loss) | 9901 | €22,711 | €17,770 | -€4,941 | -21.8% |
| Financial income | 75/76B | €1,921 | €1,577 | -€343 | -17.9% |
| Recurring financial income | 75 | €1,921 | €1,577 | -€343 | -17.9% |
| Financial charges | 65/66B | €4,102 | €2,218 | -€1,883 | -45.9% |
| Recurring financial charges | 65 | €4,102 | €2,218 | -€1,883 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €20,530 | €17,129 | -€3,401 | -16.6% |
| Income taxes | 67/77 | €6,852 | €6,593 | -€259 | -3.8% |
| Profit (loss) for the period | 9904 | €13,678 | €10,536 | -€3,142 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,678 | €10,536 | -€3,142 | -23.0% |
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 19 October 2026 via checked.be.