SYMTAX: 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.
SYMTAX
Largest movements
- Receivables within one year +€64,679
up €64,679 (+34.4%), from €187,800 to €252,479
of which Trade receivables: +€68,388
- Cash -€23,485
down €23,485 (-19.7%), from €119,290 to €95,805
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€64,679)
- Reserves +€56,698
up €56,698 (+99.1%), from €57,198 to €113,896
of which Distributable reserves: +€56,698
- Current portion of long-term debt -€34,927
down €34,927 (-58.3%), from €59,927 to €25,000
- Tax, wage and social debts +€20,040
up €20,040 (+88.6%), from €22,618 to €42,658
- Debts after one year -€14,000
down €14,000 (-18.4%), from €76,000 to €62,000
- Gross operating margin +€51,198
up €51,198 (+25.7%), from €199,172 to €250,370
- Taxes +€24,342
up €24,342 (+62.3%), from €39,068 to €63,410
- Depreciation -€22,278
down €22,278 (-84.6%), from €26,347 to €4,069
- Other operating charges +€8,619
up €8,619 (+287%), from €3,005 to €11,624
- Write-downs +€6,146
new in 2024: €6,146
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.
Derived cash bridge
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 | €464,899 | €498,749 | +€33,850 | +7.3% |
| Fixed assets | 21/28 | €147,941 | €143,873 | -€4,069 | -2.8% |
| Tangible fixed assets | 22/27 | €147,941 | €143,873 | -€4,069 | -2.8% |
| Land and buildings | 22 | €145,003 | €141,574 | -€3,429 | -2.4% |
| Furniture and vehicles | 24 | €2,938 | €2,299 | -€640 | -21.8% |
| Current assets | 29/58 | €316,958 | €354,877 | +€37,919 | +12.0% |
| Amounts receivable within one year | 40/41 | €187,800 | €252,479 | +€64,679 | +34.4% |
| Trade receivables | 40 | €174,304 | €242,692 | +€68,388 | +39.2% |
| Other amounts receivable | 41 | €13,496 | €9,788 | -€3,709 | -27.5% |
| Cash at bank and in hand | 54/58 | €119,290 | €95,805 | -€23,485 | -19.7% |
| Deferred charges and accrued income | 490/1 | €9,868 | €6,593 | -€3,276 | -33.2% |
| Total equity and liabilities | 10/49 | €464,899 | €498,749 | +€33,850 | +7.3% |
| Equity | 10/15 | €125,798 | €182,496 | +€56,698 | +45.1% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €57,198 | €113,896 | +€56,698 | +99.1% |
| Non-distributable reserves | 130/1 | €6,040 | €6,040 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,040 | €6,040 | = | 0.0% |
| Distributable reserves | 133 | €51,158 | €107,856 | +€56,698 | +111% |
| Amounts payable | 17/49 | €339,101 | €316,253 | -€22,848 | -6.7% |
| Amounts payable after more than one year | 17 | €76,000 | €62,000 | -€14,000 | -18.4% |
| Financial debts | 170/4 | €76,000 | €62,000 | -€14,000 | -18.4% |
| Amounts payable within one year | 42/48 | €258,541 | €249,767 | -€8,774 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €59,927 | €25,000 | -€34,927 | -58.3% |
| Trade debts | 44 | €14,643 | €18,745 | +€4,102 | +28.0% |
| Suppliers | 440/4 | €14,643 | €18,745 | +€4,102 | +28.0% |
| Taxes, remuneration and social security | 45 | €22,618 | €42,658 | +€20,040 | +88.6% |
| Taxes | 450/3 | €22,618 | €42,658 | +€20,040 | +88.6% |
| Other amounts payable | 47/48 | €161,353 | €163,364 | +€2,010 | +1.2% |
| Accrued charges and deferred income | 492/3 | €4,560 | €4,486 | -€74 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,347 | €4,069 | -€22,278 | -84.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,146 | +€6,146 | |
| Other operating charges | 640/8 | €3,005 | €11,624 | +€8,619 | +287% |
| Gross operating margin | 9900 | €199,172 | €250,370 | +€51,198 | +25.7% |
| Operating profit (loss) | 9901 | €169,820 | €228,532 | +€58,712 | +34.6% |
| Financial income | 75/76B | €430 | €191 | -€239 | -55.5% |
| Recurring financial income | 75 | €430 | €191 | -€239 | -55.5% |
| Financial charges | 65/66B | €5,977 | €8,616 | +€2,638 | +44.1% |
| Recurring financial charges | 65 | €5,977 | €8,616 | +€2,638 | +44.1% |
| Profit (loss) for the period before taxes | 9903 | €164,273 | €220,108 | +€55,835 | +34.0% |
| Income taxes | 67/77 | €39,068 | €63,410 | +€24,342 | +62.3% |
| Profit (loss) for the period | 9904 | €125,205 | €156,698 | +€31,493 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €125,205 | €156,698 | +€31,493 | +25.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.