SYLPHEO: 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.
SYLPHEO
Largest movements
- Cash +€16,092
up €16,092 (+1464.9%), from €1,098 to €17,190
mainly Other debts (+€41,072) and Debts after one year (+€25,000)
- Receivables within one year +€9,150
up €9,150 (+158.6%), from €5,771 to €14,920
of which Trade receivables: +€14,129
- Other debts +€41,072
up €41,072 (+20.0%), from €205,206 to €246,278
- Debts after one year +€25,000
up €25,000 (+15.6%), from €160,000 to €185,000
- Profit (loss) carried forward -€20,311
down €20,311 (-41.2%), from -€49,270 to -€69,581
- Trade debts -€13,761
down €13,761 (-88.2%), from €15,597 to €1,836
- Tax, wage and social debts -€4,508
down €4,508 (-65.3%), from €6,908 to €2,400
- Financial charges -€11,214
down €11,214 (-46.1%), from €24,336 to €13,122
- Other operating charges +€2,455
up €2,455 (+543.2%), from €452 to €2,907
- Gross operating margin +€166
up €166 (+3.7%), from -€4,448 to -€4,282
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 | €362,441 | €389,933 | +€27,491 | +7.6% |
| Current assets | 29/58 | €362,441 | €389,933 | +€27,491 | +7.6% |
| Stocks and contracts in progress | 3 | €355,572 | €357,822 | +€2,250 | +0.6% |
| Stocks | 30/36 | €355,572 | €357,822 | +€2,250 | +0.6% |
| Amounts receivable within one year | 40/41 | €5,771 | €14,920 | +€9,150 | +158.6% |
| Trade receivables | 40 | - | €14,129 | +€14,129 | |
| Other amounts receivable | 41 | €5,771 | €791 | -€4,980 | -86.3% |
| Cash at bank and in hand | 54/58 | €1,098 | €17,190 | +€16,092 | +1464.9% |
| Total equity and liabilities | 10/49 | €362,441 | €389,933 | +€27,491 | +7.6% |
| Equity | 10/15 | -€25,270 | -€45,581 | -€20,311 | -80.4% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,270 | -€69,581 | -€20,311 | -41.2% |
| Amounts payable | 17/49 | €387,711 | €435,514 | +€47,802 | +12.3% |
| Amounts payable after more than one year | 17 | €160,000 | €185,000 | +€25,000 | +15.6% |
| Financial debts | 170/4 | €160,000 | €185,000 | +€25,000 | +15.6% |
| Amounts payable within one year | 42/48 | €227,711 | €250,514 | +€22,802 | +10.0% |
| Trade debts | 44 | €15,597 | €1,836 | -€13,761 | -88.2% |
| Suppliers | 440/4 | €15,597 | €1,836 | -€13,761 | -88.2% |
| Taxes, remuneration and social security | 45 | €6,908 | €2,400 | -€4,508 | -65.3% |
| Taxes | 450/3 | €6,908 | €2,400 | -€4,508 | -65.3% |
| Other amounts payable | 47/48 | €205,206 | €246,278 | +€41,072 | +20.0% |
| Other operating charges | 640/8 | €452 | €2,907 | +€2,455 | +543.2% |
| Gross operating margin | 9900 | -€4,448 | -€4,282 | +€166 | +3.7% |
| Operating profit (loss) | 9901 | -€4,900 | -€7,189 | -€2,289 | -46.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €24,336 | €13,122 | -€11,214 | -46.1% |
| Recurring financial charges | 65 | €24,336 | €13,122 | -€11,214 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,236 | -€20,311 | +€8,925 | +30.5% |
| Profit (loss) for the period | 9904 | -€29,236 | -€20,311 | +€8,925 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,236 | -€20,311 | +€8,925 | +30.5% |
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 2 October 2026 via checked.be.