SYLVIE: 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.
SYLVIE
Largest movements
- Cash -€17,969
down €17,969 (-50.2%), from €35,774 to €17,805
mainly Net result for the year (-€14,384) and Deferred charges and accrued income (-€3,488)
- Tangible fixed assets -€4,770
down €4,770 (-7.1%), from €67,479 to €62,710
of which Plant, machinery and equipment: -€4,488
- Deferred charges and accrued income +€3,488
new in 2025: €3,488
- Profit (loss) carried forward -€14,384
down €14,384 (-19.1%), from €75,392 to €61,008
- Tax, wage and social debts -€3,452
down €3,452 (-100%), from €3,452 to €0
of which Taxes: -€1,820
- Gross operating margin -€34,304
down €34,304, from €24,073 to -€10,231
- Staff costs -€15,085
down €15,085 (-94.4%), from €15,977 to €892
- Other operating charges -€930
down €930 (-35.8%), from €2,599 to €1,669
- Financial income +€848
up €848 (+33.8%), from €2,509 to €3,357
- Taxes -€640
down €640, from €640 to -€0
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 | €157,465 | €139,431 | -€18,034 | -11.5% |
| Fixed assets | 21/28 | €67,479 | €62,710 | -€4,770 | -7.1% |
| Tangible fixed assets | 22/27 | €67,479 | €62,710 | -€4,770 | -7.1% |
| Land and buildings | 22 | €59,505 | €59,224 | -€281 | -0.5% |
| Plant, machinery and equipment | 23 | €7,974 | €3,485 | -€4,488 | -56.3% |
| Current assets | 29/58 | €89,985 | €76,721 | -€13,264 | -14.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €54,211 | €55,428 | +€1,217 | +2.2% |
| Trade receivables | 40 | €1,357 | €738 | -€619 | -45.6% |
| Other amounts receivable | 41 | €52,854 | €54,690 | +€1,836 | +3.5% |
| Cash at bank and in hand | 54/58 | €35,774 | €17,805 | -€17,969 | -50.2% |
| Deferred charges and accrued income | 490/1 | - | €3,488 | +€3,488 | |
| Total equity and liabilities | 10/49 | €157,465 | €139,431 | -€18,034 | -11.5% |
| Equity | 10/15 | €153,521 | €139,137 | -€14,384 | -9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,528 | €59,528 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €59,528 | €59,528 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,392 | €61,008 | -€14,384 | -19.1% |
| Amounts payable | 17/49 | €3,944 | €294 | -€3,650 | -92.6% |
| Amounts payable within one year | 42/48 | €3,944 | €294 | -€3,650 | -92.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €492 | €294 | -€199 | -40.3% |
| Suppliers | 440/4 | €492 | €294 | -€199 | -40.3% |
| Taxes, remuneration and social security | 45 | €3,452 | €0 | -€3,452 | -100% |
| Taxes | 450/3 | €1,820 | €0 | -€1,820 | -100% |
| Remuneration and social security | 454/9 | €1,631 | €0 | -€1,631 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €31,727 | €0 | -€31,727 | -100% |
| Remuneration, social security and pensions | 62 | €15,977 | €892 | -€15,085 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,043 | €4,770 | -€273 | -5.4% |
| Other operating charges | 640/8 | €2,599 | €1,669 | -€930 | -35.8% |
| Non-recurring operating charges | 66A | €95 | €0 | -€95 | -100% |
| Gross operating margin | 9900 | €24,073 | -€10,231 | -€34,304 | |
| Operating profit (loss) | 9901 | €359 | -€17,562 | -€17,921 | |
| Financial income | 75/76B | €2,509 | €3,357 | +€848 | +33.8% |
| Recurring financial income | 75 | €2,509 | €3,357 | +€848 | +33.8% |
| Financial charges | 65/66B | €282 | €178 | -€104 | -36.8% |
| Recurring financial charges | 65 | €282 | €178 | -€104 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €2,586 | -€14,384 | -€16,970 | |
| Income taxes | 67/77 | €640 | -€0 | -€640 | |
| Profit (loss) for the period | 9904 | €1,946 | -€14,384 | -€16,330 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,946 | -€14,384 | -€16,330 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.