SYLMA: 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.
SYLMA
Largest movements
- Tangible fixed assets -€22,652
down €22,652 (-13.4%), from €168,945 to €146,293
of which Land and buildings: -€13,736
- Current investments +€19,162
up €19,162 (+45.0%), from €42,560 to €61,722
- Cash +€11,636
up €11,636 (+30.2%), from €38,558 to €50,194
mainly Net result for the year (+€26,469) and Depreciation (+€23,150)
- Deferred charges and accrued income +€5,121
up €5,121 (+108%), from €4,738 to €9,859
- Receivables within one year +€4,060
up €4,060 (+33.8%), from €12,022 to €16,082
- Reserves +€26,469
up €26,469 (+95.2%), from €27,794 to €54,263
- Debts after one year -€16,106
down €16,106 (-18.8%), from €85,487 to €69,381
- Tax, wage and social debts +€10,846
up €10,846 (+188%), from €5,780 to €16,625
of which Taxes: +€12,617
- Other debts -€8,789
down €8,789 (-9.8%), from €89,698 to €80,909
- Trade debts +€4,212
up €4,212 (+879%), from €479 to €4,691
- Gross operating margin +€29,056
up €29,056 (+46.9%), from €61,942 to €90,998
- Taxes +€8,958
up €8,958 (+469%), from €1,909 to €10,866
- Staff costs +€4,841
up €4,841 (+44.2%), from €10,943 to €15,785
- Other operating charges +€3,663
up €3,663 (+90.5%), from €4,049 to €7,712
- Depreciation -€965
down €965 (-4.0%), from €24,115 to €23,150
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 | €266,848 | €284,175 | +€17,328 | +6.5% |
| Fixed assets | 21/28 | €168,970 | €146,318 | -€22,652 | -13.4% |
| Tangible fixed assets | 22/27 | €168,945 | €146,293 | -€22,652 | -13.4% |
| Land and buildings | 22 | €143,764 | €130,028 | -€13,736 | -9.6% |
| Plant, machinery and equipment | 23 | €14,403 | €9,306 | -€5,097 | -35.4% |
| Furniture and vehicles | 24 | €10,778 | €4,690 | -€6,088 | -56.5% |
| Assets under construction and advance payments | 27 | - | €2,270 | +€2,270 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €97,878 | €137,857 | +€39,980 | +40.8% |
| Amounts receivable within one year | 40/41 | €12,022 | €16,082 | +€4,060 | +33.8% |
| Trade receivables | 40 | €12,022 | €16,082 | +€4,060 | +33.8% |
| Current investments | 50/53 | €42,560 | €61,722 | +€19,162 | +45.0% |
| Cash at bank and in hand | 54/58 | €38,558 | €50,194 | +€11,636 | +30.2% |
| Deferred charges and accrued income | 490/1 | €4,738 | €9,859 | +€5,121 | +108% |
| Total equity and liabilities | 10/49 | €266,848 | €284,175 | +€17,328 | +6.5% |
| Equity | 10/15 | €69,994 | €96,463 | +€26,469 | +37.8% |
| Contributions | 10/11 | €42,200 | €42,200 | = | 0.0% |
| Reserves | 13 | €27,794 | €54,263 | +€26,469 | +95.2% |
| Distributable reserves | 133 | €27,794 | €54,263 | +€26,469 | +95.2% |
| Amounts payable | 17/49 | €196,854 | €187,712 | -€9,142 | -4.6% |
| Amounts payable after more than one year | 17 | €85,487 | €69,381 | -€16,106 | -18.8% |
| Financial debts | 170/4 | €85,487 | €69,381 | -€16,106 | -18.8% |
| Amounts payable within one year | 42/48 | €111,367 | €118,331 | +€6,965 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €15,410 | €16,106 | +€697 | +4.5% |
| Trade debts | 44 | €479 | €4,691 | +€4,212 | +879% |
| Suppliers | 440/4 | €479 | €4,691 | +€4,212 | +879% |
| Taxes, remuneration and social security | 45 | €5,780 | €16,625 | +€10,846 | +188% |
| Taxes | 450/3 | €2,856 | €15,473 | +€12,617 | +442% |
| Remuneration and social security | 454/9 | €2,924 | €1,153 | -€1,771 | -60.6% |
| Other amounts payable | 47/48 | €89,698 | €80,909 | -€8,789 | -9.8% |
| Remuneration, social security and pensions | 62 | €10,943 | €15,785 | +€4,841 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,115 | €23,150 | -€965 | -4.0% |
| Other operating charges | 640/8 | €4,049 | €7,712 | +€3,663 | +90.5% |
| Gross operating margin | 9900 | €61,942 | €90,998 | +€29,056 | +46.9% |
| Operating profit (loss) | 9901 | €22,834 | €44,350 | +€21,517 | +94.2% |
| Financial income | 75/76B | €258 | €233 | -€25 | -9.7% |
| Recurring financial income | 75 | €258 | €233 | -€25 | -9.7% |
| Financial charges | 65/66B | €6,762 | €7,247 | +€485 | +7.2% |
| Recurring financial charges | 65 | €6,762 | €7,247 | +€485 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €16,329 | €37,336 | +€21,007 | +129% |
| Income taxes | 67/77 | €1,909 | €10,866 | +€8,958 | +469% |
| Profit (loss) for the period | 9904 | €14,420 | €26,469 | +€12,049 | +83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,420 | €26,469 | +€12,049 | +83.6% |
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 20 October 2026 via checked.be.