SYLORY: 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.
SYLORY
Largest movements
- Stocks and contracts +€122,264
up €122,264 (+325.1%), from €37,607 to €159,871
- Cash +€30,024
up €30,024 (+330.7%), from €9,080 to €39,104
mainly Debts after one year (+€126,647) and Current portion of long-term debt (+€38,683)
- Receivables within one year +€17,722
up €17,722 (+41.9%), from €42,318 to €60,040
of which Trade receivables: +€19,001
- Tangible fixed assets +€5,263
new in 2024: €5,263
of which Plant, machinery and equipment: +€4,733
- Debts after one year +€126,647
new in 2024: €126,647
- Current portion of long-term debt +€38,683
new in 2024: €38,683
- Trade debts +€26,715
up €26,715 (+156.6%), from €17,057 to €43,772
- Profit (loss) carried forward -€6,880
down €6,880, from €6,278 to -€602
- Other debts -€5,189
down €5,189 (-9.1%), from €57,185 to €51,997
- Financial charges +€8,907
up €8,907 (+4195.9%), from €212 to €9,119
- Gross operating margin -€3,074
down €3,074 (-34.4%), from €8,945 to €5,871
- Depreciation +€1,314
new in 2024: €1,314
- Other operating charges +€1,149
new in 2024: €1,149
- Taxes -€1,006
down €1,006 (-41.0%), from €2,455 to €1,449
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,185 | €270,136 | +€177,951 | +193.0% |
| Fixed assets | 21/28 | €3,180 | €10,882 | +€7,702 | +242.2% |
| Intangible fixed assets | 21 | - | €2,439 | +€2,439 | |
| Tangible fixed assets | 22/27 | - | €5,263 | +€5,263 | |
| Plant, machinery and equipment | 23 | - | €4,733 | +€4,733 | |
| Furniture and vehicles | 24 | - | €531 | +€531 | |
| Financial fixed assets | 28 | €3,180 | €3,180 | = | 0.0% |
| Current assets | 29/58 | €89,005 | €259,254 | +€170,249 | +191.3% |
| Stocks and contracts in progress | 3 | €37,607 | €159,871 | +€122,264 | +325.1% |
| Stocks | 30/36 | €37,607 | €159,871 | +€122,264 | +325.1% |
| Amounts receivable within one year | 40/41 | €42,318 | €60,040 | +€17,722 | +41.9% |
| Trade receivables | 40 | €38,887 | €57,888 | +€19,001 | +48.9% |
| Other amounts receivable | 41 | €3,432 | €2,152 | -€1,280 | -37.3% |
| Cash at bank and in hand | 54/58 | €9,080 | €39,104 | +€30,024 | +330.7% |
| Deferred charges and accrued income | 490/1 | - | €239 | +€239 | |
| Total equity and liabilities | 10/49 | €92,185 | €270,136 | +€177,951 | +193.0% |
| Equity | 10/15 | €9,278 | €2,398 | -€6,880 | -74.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,278 | -€602 | -€6,880 | |
| Amounts payable | 17/49 | €82,908 | €267,739 | +€184,831 | +222.9% |
| Amounts payable after more than one year | 17 | - | €126,647 | +€126,647 | |
| Financial debts | 170/4 | - | €126,647 | +€126,647 | |
| Amounts payable within one year | 42/48 | €82,908 | €140,151 | +€57,243 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | - | €38,683 | +€38,683 | |
| Trade debts | 44 | €17,057 | €43,772 | +€26,715 | +156.6% |
| Suppliers | 440/4 | €17,057 | €43,772 | +€26,715 | +156.6% |
| Taxes, remuneration and social security | 45 | €8,665 | €5,699 | -€2,966 | -34.2% |
| Taxes | 450/3 | €2,455 | €5,699 | +€3,244 | +132.2% |
| Remuneration and social security | 454/9 | €6,210 | €0 | -€6,210 | -100.0% |
| Other amounts payable | 47/48 | €57,185 | €51,997 | -€5,189 | -9.1% |
| Accrued charges and deferred income | 492/3 | - | €941 | +€941 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,314 | +€1,314 | |
| Other operating charges | 640/8 | - | €1,149 | +€1,149 | |
| Gross operating margin | 9900 | €8,945 | €5,871 | -€3,074 | -34.4% |
| Operating profit (loss) | 9901 | €8,945 | €3,408 | -€5,536 | -61.9% |
| Financial income | 75/76B | - | €280 | +€280 | |
| Recurring financial income | 75 | - | €280 | +€280 | |
| Financial charges | 65/66B | €212 | €9,119 | +€8,907 | +4195.9% |
| Recurring financial charges | 65 | €212 | €9,119 | +€8,907 | +4195.9% |
| Profit (loss) for the period before taxes | 9903 | €8,732 | -€5,431 | -€14,164 | |
| Income taxes | 67/77 | €2,455 | €1,449 | -€1,006 | -41.0% |
| Profit (loss) for the period | 9904 | €6,278 | -€6,880 | -€13,158 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,278 | -€6,880 | -€13,158 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.