SYLHO: 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.
SYLHO
Largest movements
- Cash -€1,509
no longer reported in 2025 (was €1,509)
mainly Net result for the year (-€10,640) and Tax, wage and social debts (-€3,880)
- Stocks and contracts -€1,416
no longer reported in 2025 (was €1,416)
- Deferred charges and accrued income +€1,309
new in 2025: €1,309
- Receivables within one year +€771
up €771 (+4.8%), from €16,004 to €16,775
of which Trade receivables: +€500
- Other debts +€14,687
up €14,687 (+48.0%), from €30,599 to €45,285
- Profit (loss) carried forward -€10,640
down €10,640 (-31.2%), from -€34,096 to -€44,736
- Tax, wage and social debts -€3,880
no longer reported in 2025 (was €3,880)
- Trade debts -€1,090
down €1,090 (-34.5%), from €3,163 to €2,073
- Gross operating margin -€2,100
down €2,100 (-33.6%), from -€6,250 to -€8,350
- Depreciation -€1,524
no longer reported in 2025 (was €1,524)
- Write-downs +€1,416
new in 2025: €1,416
- Other operating charges -€839
no longer reported in 2025 (was €839)
- Financial charges -€613
down €613 (-41.2%), from €1,487 to €874
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 | €18,929 | €18,083 | -€846 | -4.5% |
| Current assets | 29/58 | €18,929 | €18,083 | -€846 | -4.5% |
| Stocks and contracts in progress | 3 | €1,416 | - | -€1,416 | |
| Stocks | 30/36 | €1,416 | - | -€1,416 | |
| Amounts receivable within one year | 40/41 | €16,004 | €16,775 | +€771 | +4.8% |
| Trade receivables | 40 | €16,004 | €16,504 | +€500 | +3.1% |
| Other amounts receivable | 41 | - | €271 | +€271 | |
| Cash at bank and in hand | 54/58 | €1,509 | - | -€1,509 | |
| Deferred charges and accrued income | 490/1 | - | €1,309 | +€1,309 | |
| Total equity and liabilities | 10/49 | €18,929 | €18,083 | -€846 | -4.5% |
| Equity | 10/15 | -€18,713 | -€29,353 | -€10,640 | -56.9% |
| Contributions | 10/11 | €15,100 | €15,100 | = | 0.0% |
| Outside capital | 11 | €15,100 | €15,100 | = | 0.0% |
| Other | 1109/19 | €15,100 | €15,100 | = | 0.0% |
| Reserves | 13 | €283 | €283 | = | 0.0% |
| Non-distributable reserves | 130/1 | €283 | €283 | = | 0.0% |
| Reserves not available under the articles | 1311 | €283 | €283 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,096 | -€44,736 | -€10,640 | -31.2% |
| Amounts payable | 17/49 | €37,642 | €47,436 | +€9,794 | +26.0% |
| Amounts payable within one year | 42/48 | €37,642 | €47,436 | +€9,794 | +26.0% |
| Financial debts | 43 | - | €78 | +€78 | |
| Credit institutions | 430/8 | - | €78 | +€78 | |
| Trade debts | 44 | €3,163 | €2,073 | -€1,090 | -34.5% |
| Suppliers | 440/4 | €3,163 | €2,073 | -€1,090 | -34.5% |
| Taxes, remuneration and social security | 45 | €3,880 | - | -€3,880 | |
| Taxes | 450/3 | €3,880 | - | -€3,880 | |
| Other amounts payable | 47/48 | €30,599 | €45,285 | +€14,687 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,524 | - | -€1,524 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,416 | +€1,416 | |
| Other operating charges | 640/8 | €839 | - | -€839 | |
| Gross operating margin | 9900 | -€6,250 | -€8,350 | -€2,100 | -33.6% |
| Operating profit (loss) | 9901 | -€8,612 | -€9,766 | -€1,154 | -13.4% |
| Financial charges | 65/66B | €1,487 | €874 | -€613 | -41.2% |
| Recurring financial charges | 65 | €1,487 | €874 | -€613 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,100 | -€10,640 | -€541 | -5.4% |
| Income taxes | 67/77 | €191 | - | -€191 | |
| Profit (loss) for the period | 9904 | -€10,290 | -€10,640 | -€350 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,290 | -€10,640 | -€350 | -3.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.