SYN+: 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.
SYN+
Largest movements
- Cash +€93,055
up €93,055 (+126.1%), from €73,815 to €166,870
mainly Net result for the year (+€94,625) and Other debts (+€22,318)
- Receivables within one year +€21,742
up €21,742 (+21.1%), from €103,145 to €124,887
of which Trade receivables: +€21,615
- Intangible fixed assets -€5,999
down €5,999 (-12.5%), from €47,992 to €41,993
- Tangible fixed assets -€4,992
down €4,992 (-38.3%), from €13,025 to €8,033
of which Furniture and vehicles: -€4,645
- Profit (loss) carried forward +€71,125
up €71,125 (+328.1%), from €21,678 to €92,803
- Other debts +€22,318
up €22,318 (+732.2%), from €3,048 to €25,366
- Tax, wage and social debts +€18,847
up €18,847 (+95.9%), from €19,643 to €38,490
of which Taxes: +€11,045
- Trade debts -€8,484
down €8,484 (-4.4%), from €192,607 to €184,124
- Gross operating margin +€76,877
up €76,877 (+69.6%), from €110,528 to €187,405
- Staff costs -€8,134
down €8,134 (-9.4%), from €86,692 to €78,559
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 | €237,977 | €341,783 | +€103,806 | +43.6% |
| Fixed assets | 21/28 | €61,017 | €50,026 | -€10,991 | -18.0% |
| Intangible fixed assets | 21 | €47,992 | €41,993 | -€5,999 | -12.5% |
| Tangible fixed assets | 22/27 | €13,025 | €8,033 | -€4,992 | -38.3% |
| Plant, machinery and equipment | 23 | €1,600 | €1,253 | -€347 | -21.7% |
| Furniture and vehicles | 24 | €11,425 | €6,780 | -€4,645 | -40.7% |
| Current assets | 29/58 | €176,960 | €291,757 | +€114,797 | +64.9% |
| Amounts receivable within one year | 40/41 | €103,145 | €124,887 | +€21,742 | +21.1% |
| Trade receivables | 40 | €103,145 | €124,760 | +€21,615 | +21.0% |
| Other amounts receivable | 41 | - | €127 | +€127 | |
| Cash at bank and in hand | 54/58 | €73,815 | €166,870 | +€93,055 | +126.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €237,977 | €341,783 | +€103,806 | +43.6% |
| Equity | 10/15 | €22,678 | €93,803 | +€71,125 | +313.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,678 | €92,803 | +€71,125 | +328.1% |
| Amounts payable | 17/49 | €215,299 | €247,980 | +€32,681 | +15.2% |
| Amounts payable within one year | 42/48 | €215,299 | €247,980 | +€32,681 | +15.2% |
| Trade debts | 44 | €192,607 | €184,124 | -€8,484 | -4.4% |
| Suppliers | 440/4 | €192,607 | €184,124 | -€8,484 | -4.4% |
| Taxes, remuneration and social security | 45 | €19,643 | €38,490 | +€18,847 | +95.9% |
| Taxes | 450/3 | €6,346 | €17,391 | +€11,045 | +174.0% |
| Remuneration and social security | 454/9 | €13,297 | €21,099 | +€7,802 | +58.7% |
| Other amounts payable | 47/48 | €3,048 | €25,366 | +€22,318 | +732.2% |
| Remuneration, social security and pensions | 62 | €86,692 | €78,559 | -€8,134 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,779 | €10,991 | +€212 | +2.0% |
| Other operating charges | 640/8 | €295 | €303 | +€8 | +2.8% |
| Gross operating margin | 9900 | €110,528 | €187,405 | +€76,877 | +69.6% |
| Operating profit (loss) | 9901 | €12,761 | €97,552 | +€84,791 | +664.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €574 | €54 | -€520 | -90.6% |
| Recurring financial charges | 65 | €574 | €54 | -€520 | -90.6% |
| Profit (loss) for the period before taxes | 9903 | €12,188 | €97,498 | +€85,310 | +700.0% |
| Income taxes | 67/77 | €2,852 | €2,873 | +€21 | +0.7% |
| Profit (loss) for the period | 9904 | €9,335 | €94,625 | +€85,290 | +913.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,335 | €94,625 | +€85,290 | +913.6% |
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 7 October 2026 via checked.be.