SYLNOR - IMMO: 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.
SYLNOR - IMMO
Largest movements
- Tangible fixed assets -€25,721
down €25,721 (-2.6%), from €971,066 to €945,345
of which Land and buildings: -€40,151
- Cash +€15,831
up €15,831 (+27.0%), from €58,616 to €74,447
mainly Depreciation (+€45,330) and Net result for the year (+€15,415)
- Debts after one year -€30,165
down €30,165 (-22.4%), from €134,414 to €104,249
- Reserves +€15,415
up €15,415 (+15.4%), from €100,254 to €115,669
of which Distributable reserves: +€14,635
- Gross operating margin +€1,807
up €1,807 (+2.2%), from €83,138 to €84,944
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 | €1,037,037 | €1,024,177 | -€12,860 | -1.2% |
| Fixed assets | 21/28 | €971,066 | €945,345 | -€25,721 | -2.6% |
| Tangible fixed assets | 22/27 | €971,066 | €945,345 | -€25,721 | -2.6% |
| Land and buildings | 22 | €961,397 | €921,247 | -€40,151 | -4.2% |
| Plant, machinery and equipment | 23 | €9,669 | €24,098 | +€14,429 | +149% |
| Current assets | 29/58 | €65,971 | €78,832 | +€12,862 | +19.5% |
| Amounts receivable within one year | 40/41 | €6,378 | €3,446 | -€2,933 | -46.0% |
| Trade receivables | 40 | €809 | €875 | +€65 | +8.1% |
| Other amounts receivable | 41 | €5,569 | €2,571 | -€2,998 | -53.8% |
| Cash at bank and in hand | 54/58 | €58,616 | €74,447 | +€15,831 | +27.0% |
| Deferred charges and accrued income | 490/1 | €976 | €939 | -€37 | -3.8% |
| Total equity and liabilities | 10/49 | €1,037,037 | €1,024,177 | -€12,860 | -1.2% |
| Equity | 10/15 | €440,254 | €455,669 | +€15,415 | +3.5% |
| Contributions | 10/11 | €340,000 | €340,000 | = | 0.0% |
| Capital | 10 | €340,000 | €340,000 | = | 0.0% |
| Issued capital | 100 | €340,000 | €340,000 | = | 0.0% |
| Reserves | 13 | €100,254 | €115,669 | +€15,415 | +15.4% |
| Non-distributable reserves | 130/1 | €5,110 | €5,890 | +€780 | +15.3% |
| Legal reserve | 130 | €5,110 | €5,890 | +€780 | +15.3% |
| Distributable reserves | 133 | €95,144 | €109,779 | +€14,635 | +15.4% |
| Amounts payable | 17/49 | €596,782 | €568,508 | -€28,274 | -4.7% |
| Amounts payable after more than one year | 17 | €134,414 | €104,249 | -€30,165 | -22.4% |
| Financial debts | 170/4 | €134,414 | €104,249 | -€30,165 | -22.4% |
| Amounts payable within one year | 42/48 | €459,330 | €461,137 | +€1,808 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €30,010 | €30,165 | +€156 | +0.5% |
| Trade debts | 44 | €2,706 | €2,892 | +€186 | +6.9% |
| Suppliers | 440/4 | €2,706 | €2,892 | +€186 | +6.9% |
| Taxes, remuneration and social security | 45 | €1,586 | €3,052 | +€1,466 | +92.5% |
| Taxes | 450/3 | €1,586 | €3,052 | +€1,466 | +92.5% |
| Other amounts payable | 47/48 | €425,028 | €425,028 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,039 | €3,122 | +€83 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,245 | €45,330 | +€85 | +0.2% |
| Other operating charges | 640/8 | €10,971 | €11,315 | +€345 | +3.1% |
| Gross operating margin | 9900 | €83,138 | €84,944 | +€1,807 | +2.2% |
| Operating profit (loss) | 9901 | €26,922 | €28,299 | +€1,377 | +5.1% |
| Financial income | 75/76B | €47 | €34 | -€14 | -28.8% |
| Recurring financial income | 75 | €47 | €34 | -€14 | -28.8% |
| Financial charges | 65/66B | €6,270 | €5,802 | -€468 | -7.5% |
| Recurring financial charges | 65 | €6,270 | €5,802 | -€468 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €20,699 | €22,531 | +€1,832 | +8.8% |
| Income taxes | 67/77 | €6,593 | €7,116 | +€523 | +7.9% |
| Profit (loss) for the period | 9904 | €14,106 | €15,415 | +€1,309 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,106 | €15,415 | +€1,309 | +9.3% |
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.