SYNAMED: 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.
SYNAMED
Largest movements
- Cash +€27,418
up €27,418 (+360.9%), from €7,596 to €35,015
mainly Net result for the year (+€29,265) and Receivables within one year (+€10,145)
- Receivables within one year -€10,145
down €10,145 (-84.5%), from €12,000 to €1,855
of which Trade receivables: -€12,000
- Tangible fixed assets -€449
down €449 (-40.5%), from €1,108 to €660
- Profit (loss) carried forward +€29,265
up €29,265, from -€5,236 to €24,029
- Tax, wage and social debts -€10,606
down €10,606 (-87.7%), from €12,092 to €1,486
of which Taxes: -€9,842
- Other debts -€6,395
no longer reported in 2025 (was €6,395)
- Trade debts +€4,560
up €4,560 (+185.8%), from €2,454 to €7,014
- Gross operating margin +€53,196
up €53,196 (+97.5%), from €54,549 to €107,745
- Staff costs +€18,749
up €18,749 (+57.2%), from €32,788 to €51,537
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 | €20,705 | €37,529 | +€16,825 | +81.3% |
| Fixed assets | 21/28 | €1,108 | €660 | -€449 | -40.5% |
| Tangible fixed assets | 22/27 | €1,108 | €660 | -€449 | -40.5% |
| Furniture and vehicles | 24 | €1,108 | €660 | -€449 | -40.5% |
| Current assets | 29/58 | €19,596 | €36,870 | +€17,273 | +88.1% |
| Amounts receivable within one year | 40/41 | €12,000 | €1,855 | -€10,145 | -84.5% |
| Trade receivables | 40 | €12,000 | - | -€12,000 | |
| Other amounts receivable | 41 | - | €1,855 | +€1,855 | |
| Cash at bank and in hand | 54/58 | €7,596 | €35,015 | +€27,418 | +360.9% |
| Total equity and liabilities | 10/49 | €20,705 | €37,529 | +€16,825 | +81.3% |
| Equity | 10/15 | -€236 | €29,029 | +€29,265 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,236 | €24,029 | +€29,265 | |
| Amounts payable | 17/49 | €20,940 | €8,500 | -€12,440 | -59.4% |
| Amounts payable within one year | 42/48 | €20,940 | €8,500 | -€12,440 | -59.4% |
| Trade debts | 44 | €2,454 | €7,014 | +€4,560 | +185.8% |
| Suppliers | 440/4 | €2,454 | €7,014 | +€4,560 | +185.8% |
| Taxes, remuneration and social security | 45 | €12,092 | €1,486 | -€10,606 | -87.7% |
| Taxes | 450/3 | €11,328 | €1,486 | -€9,842 | -86.9% |
| Remuneration and social security | 454/9 | €764 | - | -€764 | |
| Other amounts payable | 47/48 | €6,395 | - | -€6,395 | |
| Remuneration, social security and pensions | 62 | €32,788 | €51,537 | +€18,749 | +57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237 | €449 | +€211 | +88.9% |
| Other operating charges | 640/8 | €285 | €676 | +€390 | +136.7% |
| Gross operating margin | 9900 | €54,549 | €107,745 | +€53,196 | +97.5% |
| Operating profit (loss) | 9901 | €21,239 | €55,085 | +€33,846 | +159.4% |
| Financial charges | 65/66B | €138 | €55 | -€83 | -60.0% |
| Recurring financial charges | 65 | €138 | €55 | -€83 | -60.0% |
| Profit (loss) for the period before taxes | 9903 | €21,101 | €55,030 | +€33,929 | +160.8% |
| Income taxes | 67/77 | €26,337 | €25,765 | -€572 | -2.2% |
| Profit (loss) for the period | 9904 | -€5,236 | €29,265 | +€34,501 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,236 | €29,265 | +€34,501 |
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 5 October 2026 via checked.be.