SYNA: 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.
SYNA
Largest movements
- Cash +€66,221
up €66,221 (+560%), from €11,825 to €78,045
mainly Debts after one year (+€76,046) and Depreciation (+€42,367)
- Receivables within one year -€24,377
down €24,377 (-19.6%), from €124,335 to €99,958
of which Other amounts receivable: -€14,176
- Tangible fixed assets -€5,977
down €5,977 (-14.1%), from €42,487 to €36,510
of which Other tangible fixed assets: -€4,655
- Intangible fixed assets +€4,000
up €4,000 (+3.3%), from €122,800 to €126,800
- Debts after one year +€76,046
up €76,046 (+164%), from €46,325 to €122,371
of which Financial debts: +€51,046
- Short-term financial debts -€25,000
down €25,000 (-50.0%), from €50,000 to €25,000
- Other debts -€23,142
down €23,142 (-21.9%), from €105,750 to €82,608
- Current portion of long-term debt +€14,187
up €14,187 (+2,206%), from €643 to €14,830
- Tax, wage and social debts +€7,978
up €7,978 (+119%), from €6,721 to €14,699
of which Taxes: +€7,348
- Gross operating margin -€121,889
down €121,889 (-49.7%), from €245,173 to €123,284
- Staff costs -€11,184
down €11,184 (-12.8%), from €87,394 to €76,209
- Depreciation +€9,000
up €9,000 (+27.0%), from €33,367 to €42,367
- Taxes -€8,907
down €8,907 (-93.6%), from €9,515 to €607
- Financial charges -€3,057
down €3,057 (-33.6%), from €9,107 to €6,049
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 | €304,377 | €343,806 | +€39,429 | +13.0% |
| Formation expenses | 20 | €1,452 | €1,062 | -€390 | -26.9% |
| Fixed assets | 21/28 | €165,287 | €163,310 | -€1,977 | -1.2% |
| Intangible fixed assets | 21 | €122,800 | €126,800 | +€4,000 | +3.3% |
| Tangible fixed assets | 22/27 | €42,487 | €36,510 | -€5,977 | -14.1% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,920 | €2,597 | -€1,323 | -33.7% |
| Other tangible fixed assets | 26 | €38,567 | €33,913 | -€4,655 | -12.1% |
| Current assets | 29/58 | €137,638 | €179,434 | +€41,796 | +30.4% |
| Amounts receivable within one year | 40/41 | €124,335 | €99,958 | -€24,377 | -19.6% |
| Trade receivables | 40 | €109,663 | €99,463 | -€10,200 | -9.3% |
| Other amounts receivable | 41 | €14,672 | €495 | -€14,176 | -96.6% |
| Cash at bank and in hand | 54/58 | €11,825 | €78,045 | +€66,221 | +560% |
| Deferred charges and accrued income | 490/1 | €1,478 | €1,430 | -€48 | -3.2% |
| Total equity and liabilities | 10/49 | €304,377 | €343,806 | +€39,429 | +13.0% |
| Equity | 10/15 | €27,755 | €25,113 | -€2,642 | -9.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €9,205 | €6,563 | -€2,642 | -28.7% |
| Distributable reserves | 133 | €9,205 | €6,563 | -€2,642 | -28.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €276,622 | €318,693 | +€42,071 | +15.2% |
| Amounts payable after more than one year | 17 | €46,325 | €122,371 | +€76,046 | +164% |
| Financial debts | 170/4 | €46,325 | €97,371 | +€51,046 | +110% |
| Other amounts payable | 178/9 | €0 | €25,000 | +€25,000 | |
| Amounts payable within one year | 42/48 | €227,796 | €196,321 | -€31,475 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €643 | €14,830 | +€14,187 | +2,206% |
| Financial debts | 43 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Credit institutions | 430/8 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Trade debts | 44 | €64,683 | €59,184 | -€5,499 | -8.5% |
| Suppliers | 440/4 | €64,683 | €59,184 | -€5,499 | -8.5% |
| Taxes, remuneration and social security | 45 | €6,721 | €14,699 | +€7,978 | +119% |
| Taxes | 450/3 | €0 | €7,348 | +€7,348 | |
| Remuneration and social security | 454/9 | €6,721 | €7,351 | +€631 | +9.4% |
| Other amounts payable | 47/48 | €105,750 | €82,608 | -€23,142 | -21.9% |
| Accrued charges and deferred income | 492/3 | €2,500 | €0 | -€2,500 | -100% |
| Non-recurring operating income | 76A | €93,667 | €0 | -€93,667 | -100% |
| Remuneration, social security and pensions | 62 | €87,394 | €76,209 | -€11,184 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,367 | €42,367 | +€9,000 | +27.0% |
| Other operating charges | 640/8 | €1,756 | €723 | -€1,032 | -58.8% |
| Gross operating margin | 9900 | €245,173 | €123,284 | -€121,889 | -49.7% |
| Operating profit (loss) | 9901 | €122,657 | €3,984 | -€118,673 | -96.8% |
| Financial income | 75/76B | €17 | €30 | +€13 | +77.5% |
| Recurring financial income | 75 | €17 | €30 | +€13 | +77.5% |
| Financial charges | 65/66B | €9,107 | €6,049 | -€3,057 | -33.6% |
| Recurring financial charges | 65 | €9,107 | €6,049 | -€3,057 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €113,567 | -€2,035 | -€115,602 | |
| Income taxes | 67/77 | €9,515 | €607 | -€8,907 | -93.6% |
| Profit (loss) for the period | 9904 | €104,053 | -€2,642 | -€106,695 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,053 | -€2,642 | -€106,695 |
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 14 October 2026 via checked.be.