SYNAEVE IMMO: 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.
SYNAEVE IMMO
Largest movements
- Stocks and contracts +€774,487
up €774,487 (+81.1%), from €955,192 to €1.7m
- Receivables within one year +€173,198
up €173,198 (+4,472%), from €3,873 to €177,071
of which Other amounts receivable: +€152,071
- Cash +€101,809
up €101,809 (+275%), from €37,013 to €138,822
mainly Debts after one year (+€631,743) and Other debts (+€248,468)
- Debts after one year +€631,743
up €631,743 (+616%), from €102,590 to €734,333
- Other debts +€248,468
up €248,468 (+146%), from €169,925 to €418,392
- Short-term financial debts +€195,840
up €195,840 (+34.6%), from €566,000 to €761,840
- Profit (loss) carried forward -€21,645
down €21,645 (-57.2%), from -€37,836 to -€59,480
- Gross operating margin -€34,429
down €34,429 (-80.3%), from €42,871 to €8,441
- Financial charges -€21,280
down €21,280 (-42.4%), from €50,133 to €28,853
- Other operating charges -€1,898
down €1,898 (-60.6%), from €3,130 to €1,233
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 | €996,078 | €2,045,572 | +€1.0m | +105% |
| Current assets | 29/58 | €996,078 | €2,045,572 | +€1.0m | +105% |
| Stocks and contracts in progress | 3 | €955,192 | €1,729,679 | +€774,487 | +81.1% |
| Stocks | 30/36 | €955,192 | €1,729,679 | +€774,487 | +81.1% |
| Amounts receivable within one year | 40/41 | €3,873 | €177,071 | +€173,198 | +4,472% |
| Trade receivables | 40 | €3,873 | €25,000 | +€21,127 | +545% |
| Other amounts receivable | 41 | - | €152,071 | +€152,071 | |
| Cash at bank and in hand | 54/58 | €37,013 | €138,822 | +€101,809 | +275% |
| Total equity and liabilities | 10/49 | €996,078 | €2,045,572 | +€1.0m | +105% |
| Equity | 10/15 | €131,255 | €109,610 | -€21,645 | -16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €162,891 | €162,891 | = | 0.0% |
| Distributable reserves | 133 | €162,891 | €162,891 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,836 | -€59,480 | -€21,645 | -57.2% |
| Amounts payable | 17/49 | €864,823 | €1,935,962 | +€1.1m | +124% |
| Amounts payable after more than one year | 17 | €102,590 | €734,333 | +€631,743 | +616% |
| Financial debts | 170/4 | €102,590 | €734,333 | +€631,743 | +616% |
| Amounts payable within one year | 42/48 | €744,101 | €1,188,772 | +€444,672 | +59.8% |
| Current portion of amounts payable after more than one year | 42 | €8,150 | €8,257 | +€107 | +1.3% |
| Financial debts | 43 | €566,000 | €761,840 | +€195,840 | +34.6% |
| Credit institutions | 430/8 | €566,000 | €761,840 | +€195,840 | +34.6% |
| Trade debts | 44 | €26 | €283 | +€257 | +974% |
| Suppliers | 440/4 | €26 | €283 | +€257 | +974% |
| Other amounts payable | 47/48 | €169,925 | €418,392 | +€248,468 | +146% |
| Accrued charges and deferred income | 492/3 | €18,133 | €12,857 | -€5,276 | -29.1% |
| Non-recurring operating income | 76A | €10,839 | €0 | -€10,839 | -100% |
| Other operating charges | 640/8 | €3,130 | €1,233 | -€1,898 | -60.6% |
| Gross operating margin | 9900 | €42,871 | €8,441 | -€34,429 | -80.3% |
| Operating profit (loss) | 9901 | €39,741 | €7,209 | -€32,532 | -81.9% |
| Financial charges | 65/66B | €50,133 | €28,853 | -€21,280 | -42.4% |
| Recurring financial charges | 65 | €50,133 | €28,853 | -€21,280 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,393 | -€21,645 | -€11,252 | -108% |
| Profit (loss) for the period | 9904 | -€10,393 | -€21,645 | -€11,252 | -108% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,393 | -€21,645 | -€11,252 | -108% |
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 30 October 2026 via checked.be.