SyM: 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.
SyM
Largest movements
- Cash -€31,228
down €31,228 (-67.5%), from €46,246 to €15,018
mainly Receivables within one year (-€20,356) and Contributions, distributions and other (-€15,000)
- Receivables within one year +€20,356
up €20,356 (+81.4%), from €25,021 to €45,377
of which Trade receivables: +€19,107
- Deferred charges and accrued income +€3,302
up €3,302 (+137%), from €2,404 to €5,706
- Tangible fixed assets -€2,843
down €2,843 (-29.3%), from €9,695 to €6,852
- Reserves -€15,000
down €15,000 (-22.8%), from €65,892 to €50,892
of which Distributable reserves: -€15,000
- Trade debts +€5,215
up €5,215 (+1,650%), from €316 to €5,531
- Gross operating margin -€3,187
down €3,187 (-23.8%), from €13,369 to €10,183
- Other operating charges +€576
up €576 (+27.9%), from €2,068 to €2,644
- Depreciation -€186
down €186 (-6.1%), from €3,029 to €2,843
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 | €83,365 | €72,952 | -€10,413 | -12.5% |
| Fixed assets | 21/28 | €9,695 | €6,852 | -€2,843 | -29.3% |
| Tangible fixed assets | 22/27 | €9,695 | €6,852 | -€2,843 | -29.3% |
| Land and buildings | 22 | €3,828 | €3,112 | -€716 | -18.7% |
| Plant, machinery and equipment | 23 | €1,801 | €727 | -€1,073 | -59.6% |
| Furniture and vehicles | 24 | €4,066 | €3,013 | -€1,054 | -25.9% |
| Current assets | 29/58 | €73,670 | €66,100 | -€7,570 | -10.3% |
| Amounts receivable within one year | 40/41 | €25,021 | €45,377 | +€20,356 | +81.4% |
| Trade receivables | 40 | €22,920 | €42,027 | +€19,107 | +83.4% |
| Other amounts receivable | 41 | €2,101 | €3,350 | +€1,249 | +59.4% |
| Cash at bank and in hand | 54/58 | €46,246 | €15,018 | -€31,228 | -67.5% |
| Deferred charges and accrued income | 490/1 | €2,404 | €5,706 | +€3,302 | +137% |
| Total equity and liabilities | 10/49 | €83,365 | €72,952 | -€10,413 | -12.5% |
| Equity | 10/15 | €72,092 | €56,847 | -€15,245 | -21.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,892 | €50,892 | -€15,000 | -22.8% |
| Non-distributable reserves | 130/1 | €4,512 | €4,512 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,512 | €4,512 | = | 0.0% |
| Distributable reserves | 133 | €61,380 | €46,380 | -€15,000 | -24.4% |
| Profit (loss) carried forward | 14 | - | -€245 | -€245 | |
| Amounts payable | 17/49 | €11,273 | €16,105 | +€4,832 | +42.9% |
| Amounts payable within one year | 42/48 | €11,273 | €16,105 | +€4,832 | +42.9% |
| Trade debts | 44 | €316 | €5,531 | +€5,215 | +1,650% |
| Suppliers | 440/4 | €316 | €5,531 | +€5,215 | +1,650% |
| Taxes, remuneration and social security | 45 | €10,957 | €10,575 | -€383 | -3.5% |
| Taxes | 450/3 | €10,957 | €10,575 | -€383 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,029 | €2,843 | -€186 | -6.1% |
| Other operating charges | 640/8 | €2,068 | €2,644 | +€576 | +27.9% |
| Gross operating margin | 9900 | €13,369 | €10,183 | -€3,187 | -23.8% |
| Operating profit (loss) | 9901 | €8,272 | €4,695 | -€3,577 | -43.2% |
| Financial income | 75/76B | €0 | €40 | +€40 | +11,647% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +11,647% |
| Financial charges | 65/66B | €212 | €130 | -€82 | -38.7% |
| Recurring financial charges | 65 | €212 | €130 | -€82 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €8,060 | €4,605 | -€3,455 | -42.9% |
| Income taxes | 67/77 | €4,899 | €4,850 | -€49 | -1.0% |
| Profit (loss) for the period | 9904 | €3,161 | -€245 | -€3,406 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,161 | -€245 | -€3,406 |
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 24 October 2026 via checked.be.