SYLOR: 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.
SYLOR
Largest movements
- Tangible fixed assets -€26,314
down €26,314 (-6.8%), from €388,534 to €362,220
of which Land and buildings: -€16,334
- Receivables within one year -€12,230
down €12,230 (-15.3%), from €79,935 to €67,705
of which Other amounts receivable: -€11,935
- Debts after one year -€22,328
down €22,328 (-11.4%), from €196,267 to €173,939
- Tax, wage and social debts -€12,688
down €12,688 (-31.8%), from €39,925 to €27,237
- Gross operating margin +€3,486
up €3,486 (+9.2%), from €37,991 to €41,477
- Financial charges -€954
down €954 (-10.9%), from €8,726 to €7,772
- Taxes +€482
up €482 (+20.3%), from €2,377 to €2,859
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 | €568,824 | €531,728 | -€37,096 | -6.5% |
| Fixed assets | 21/28 | €388,534 | €362,220 | -€26,314 | -6.8% |
| Tangible fixed assets | 22/27 | €388,534 | €362,220 | -€26,314 | -6.8% |
| Land and buildings | 22 | €309,937 | €293,603 | -€16,334 | -5.3% |
| Plant, machinery and equipment | 23 | €66,799 | €59,231 | -€7,568 | -11.3% |
| Furniture and vehicles | 24 | €11,798 | €9,386 | -€2,412 | -20.4% |
| Current assets | 29/58 | €180,290 | €169,508 | -€10,782 | -6.0% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 291 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €79,935 | €67,705 | -€12,230 | -15.3% |
| Trade receivables | 40 | €21,323 | €21,028 | -€295 | -1.4% |
| Other amounts receivable | 41 | €58,612 | €46,677 | -€11,935 | -20.4% |
| Cash at bank and in hand | 54/58 | €20,355 | €21,803 | +€1,448 | +7.1% |
| Total equity and liabilities | 10/49 | €568,824 | €531,728 | -€37,096 | -6.5% |
| Equity | 10/15 | €304,746 | €306,204 | +€1,458 | +0.5% |
| Contributions | 10/11 | €128,905 | €128,905 | = | 0.0% |
| Capital | 10 | €128,905 | €128,905 | = | 0.0% |
| Issued capital | 100 | €128,905 | €128,905 | = | 0.0% |
| Reserves | 13 | €131,783 | €131,783 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,890 | €12,890 | = | 0.0% |
| Legal reserve | 130 | €12,890 | €12,890 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,358 | €1,358 | = | 0.0% |
| Distributable reserves | 133 | €117,535 | €117,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,058 | €45,516 | +€1,458 | +3.3% |
| Amounts payable | 17/49 | €264,078 | €225,524 | -€38,554 | -14.6% |
| Amounts payable after more than one year | 17 | €196,267 | €173,939 | -€22,328 | -11.4% |
| Financial debts | 170/4 | €196,267 | €173,939 | -€22,328 | -11.4% |
| Amounts payable within one year | 42/48 | €67,811 | €49,565 | -€18,246 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €21,569 | €22,328 | +€759 | +3.5% |
| Financial debts | 43 | €4,920 | - | -€4,920 | |
| Credit institutions | 430/8 | €4,920 | - | -€4,920 | |
| Trade debts | 44 | €1,397 | - | -€1,397 | |
| Suppliers | 440/4 | €1,397 | - | -€1,397 | |
| Taxes, remuneration and social security | 45 | €39,925 | €27,237 | -€12,688 | -31.8% |
| Taxes | 450/3 | €39,925 | €27,237 | -€12,688 | -31.8% |
| Accrued charges and deferred income | 492/3 | - | €2,020 | +€2,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,569 | €26,314 | -€255 | -1.0% |
| Other operating charges | 640/8 | €2,761 | €3,080 | +€319 | +11.6% |
| Gross operating margin | 9900 | €37,991 | €41,477 | +€3,486 | +9.2% |
| Operating profit (loss) | 9901 | €8,661 | €12,083 | +€3,422 | +39.5% |
| Financial income | 75/76B | €8 | €6 | -€2 | -25.0% |
| Recurring financial income | 75 | €8 | €6 | -€2 | -25.0% |
| Financial charges | 65/66B | €8,726 | €7,772 | -€954 | -10.9% |
| Recurring financial charges | 65 | €8,726 | €7,772 | -€954 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€57 | €4,317 | +€4,374 | |
| Income taxes | 67/77 | €2,377 | €2,859 | +€482 | +20.3% |
| Profit (loss) for the period | 9904 | -€2,434 | €1,458 | +€3,892 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,434 | €1,458 | +€3,892 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.