SYMAX: 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.
SYMAX
Largest movements
- Current investments +€498,988
up €498,988 (+20.9%), from €2.4m to €2.9m
- Cash +€61,211
up €61,211 (+6.1%), from €995,651 to €1.1m
mainly Other debts (+€1.6m) and Net result for the year (+€873,606)
- Other debts +€1.6m
up €1.6m (+107.4%), from €1.5m to €3.0m
- Reserves -€992,639
down €992,639 (-26.6%), from €3.7m to €2.7m
- Financial income -€129,579
down €129,579 (-11.0%), from €1.2m to €1.0m
- Taxes -€11,417
down €11,417 (-11.5%), from €99,079 to €87,662
- Financial charges -€10,640
down €10,640 (-8.7%), from €122,792 to €112,153
- Gross operating margin -€6,212
down €6,212 (-10.8%), from €57,613 to €51,401
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 | €5,379,830 | €5,920,732 | +€540,903 | +10.1% |
| Fixed assets | 21/28 | €1,647,636 | €1,628,222 | -€19,413 | -1.2% |
| Tangible fixed assets | 22/27 | €67,386 | €47,972 | -€19,413 | -28.8% |
| Plant, machinery and equipment | 23 | €2,722 | €1,220 | -€1,502 | -55.2% |
| Furniture and vehicles | 24 | €64,664 | €46,752 | -€17,912 | -27.7% |
| Financial fixed assets | 28 | €1,580,250 | €1,580,250 | = | 0.0% |
| Current assets | 29/58 | €3,732,194 | €4,292,510 | +€560,316 | +15.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €350,000 | €350,021 | +€21 | 0.0% |
| Other amounts receivable | 41 | €350,000 | €350,021 | +€21 | 0.0% |
| Current investments | 50/53 | €2,385,038 | €2,884,025 | +€498,988 | +20.9% |
| Cash at bank and in hand | 54/58 | €995,651 | €1,056,862 | +€61,211 | +6.1% |
| Deferred charges and accrued income | 490/1 | €1,506 | €1,602 | +€96 | +6.4% |
| Total equity and liabilities | 10/49 | €5,379,830 | €5,920,732 | +€540,903 | +10.1% |
| Equity | 10/15 | €3,758,574 | €2,765,935 | -€992,639 | -26.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,737,649 | €2,745,011 | -€992,639 | -26.6% |
| Distributable reserves | 133 | €3,737,649 | €2,745,011 | -€992,639 | -26.6% |
| Profit (loss) carried forward | 14 | €2,324 | €2,324 | = | 0.0% |
| Amounts payable | 17/49 | €1,621,256 | €3,154,797 | +€1.5m | +94.6% |
| Amounts payable within one year | 42/48 | €1,621,256 | €3,154,797 | +€1.5m | +94.6% |
| Trade debts | 44 | €2,257 | €1,158 | -€1,099 | -48.7% |
| Suppliers | 440/4 | €2,257 | €1,158 | -€1,099 | -48.7% |
| Taxes, remuneration and social security | 45 | €168,764 | €146,008 | -€22,756 | -13.5% |
| Taxes | 450/3 | €168,764 | €146,008 | -€22,756 | -13.5% |
| Other amounts payable | 47/48 | €1,450,235 | €3,007,631 | +€1.6m | +107.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,461 | €19,413 | -€47 | -0.2% |
| Other operating charges | 640/8 | €2,002 | €2,286 | +€283 | +14.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €57,613 | €51,401 | -€6,212 | -10.8% |
| Operating profit (loss) | 9901 | €36,151 | €29,702 | -€6,448 | -17.8% |
| Financial income | 75/76B | €1,173,297 | €1,043,718 | -€129,579 | -11.0% |
| Recurring financial income | 75 | €1,173,297 | €1,043,718 | -€129,579 | -11.0% |
| Financial charges | 65/66B | €122,792 | €112,153 | -€10,640 | -8.7% |
| Recurring financial charges | 65 | €122,792 | €112,153 | -€10,640 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €1,086,656 | €961,267 | -€125,388 | -11.5% |
| Income taxes | 67/77 | €99,079 | €87,662 | -€11,417 | -11.5% |
| Profit (loss) for the period | 9904 | €987,577 | €873,606 | -€113,971 | -11.5% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €987,577 | €873,606 | -€113,971 | -11.5% |
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 8 October 2026 via checked.be.