SYLICO: 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.
SYLICO
Largest movements
- Tangible fixed assets -€2,142
down €2,142 (-27.5%), from €7,793 to €5,651
of which Furniture and vehicles: -€3,262
- Receivables within one year -€1,958
down €1,958 (-89.8%), from €2,179 to €222
of which Trade receivables: -€2,179
- Cash +€359
up €359 (+5.0%), from €7,241 to €7,600
mainly Depreciation (+€5,128) and Receivables within one year (+€1,958)
- Current portion of long-term debt -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Tax, wage and social debts +€699
up €699 (+19.4%), from €3,597 to €4,296
of which Remuneration and social security: +€3,500
- Reserves +€500
up €500 (+16.7%), from €3,000 to €3,500
- Turnover +€28,989
up €28,989 (+21.2%), from €137,039 to €166,028
- Staff costs +€21,881
new in 2025: €21,881
- Gross operating margin +€18,576
up €18,576 (+179%), from €10,367 to €28,943
- Purchases and services +€7,645
up €7,645 (+5.9%), from €129,439 to €137,084
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 | €17,214 | €13,473 | -€3,741 | -21.7% |
| Fixed assets | 21/28 | €7,793 | €5,651 | -€2,142 | -27.5% |
| Tangible fixed assets | 22/27 | €7,793 | €5,651 | -€2,142 | -27.5% |
| Plant, machinery and equipment | 23 | €4,531 | €5,651 | +€1,121 | +24.7% |
| Furniture and vehicles | 24 | €3,262 | - | -€3,262 | |
| Current assets | 29/58 | €9,421 | €7,822 | -€1,599 | -17.0% |
| Amounts receivable within one year | 40/41 | €2,179 | €222 | -€1,958 | -89.8% |
| Trade receivables | 40 | €2,179 | - | -€2,179 | |
| Other amounts receivable | 41 | - | €222 | +€222 | |
| Cash at bank and in hand | 54/58 | €7,241 | €7,600 | +€359 | +5.0% |
| Total equity and liabilities | 10/49 | €17,214 | €13,473 | -€3,741 | -21.7% |
| Equity | 10/15 | €3,522 | €4,111 | +€590 | +16.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,500 | +€500 | +16.7% |
| Distributable reserves | 133 | €3,000 | €3,500 | +€500 | +16.7% |
| Profit (loss) carried forward | 14 | -€2,478 | -€2,389 | +€90 | +3.6% |
| Amounts payable | 17/49 | €13,692 | €9,362 | -€4,330 | -31.6% |
| Amounts payable within one year | 42/48 | €13,692 | €9,362 | -€4,330 | -31.6% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Taxes, remuneration and social security | 45 | €3,597 | €4,296 | +€699 | +19.4% |
| Taxes | 450/3 | €3,597 | €796 | -€2,801 | -77.9% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €95 | €66 | -€29 | -30.7% |
| Turnover | 70 | €137,039 | €166,028 | +€28,989 | +21.2% |
| Non-recurring operating income | 76A | €2,768 | - | -€2,768 | |
| Goods, raw materials, services and sundry goods | 60/61 | €129,439 | €137,084 | +€7,645 | +5.9% |
| Remuneration, social security and pensions | 62 | - | €21,881 | +€21,881 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,091 | €5,128 | +€38 | +0.7% |
| Other operating charges | 640/8 | €557 | €557 | +€0 | 0.0% |
| Gross operating margin | 9900 | €10,367 | €28,943 | +€18,576 | +179% |
| Operating profit (loss) | 9901 | €4,720 | €1,377 | -€3,343 | -70.8% |
| Financial income | 75/76B | - | €214 | +€214 | |
| Recurring financial income | 75 | - | €214 | +€214 | |
| Financial charges | 65/66B | €153 | €205 | +€52 | +34.0% |
| Recurring financial charges | 65 | €153 | €205 | +€52 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €4,567 | €1,386 | -€3,181 | -69.7% |
| Income taxes | 67/77 | €1,108 | €796 | -€312 | -28.2% |
| Profit (loss) for the period | 9904 | €3,459 | €590 | -€2,869 | -83.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,459 | €590 | -€2,869 | -83.0% |
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 13 October 2026 via checked.be.