SYNANOU: 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.
SYNANOU
Largest movements
- Cash +€9,974
up €9,974 (+36.4%), from €27,364 to €37,339
mainly Net result for the year (+€18,222) and Other debts (+€16,852)
- Tangible fixed assets -€7,881
down €7,881 (-83.1%), from €9,484 to €1,603
of which Plant, machinery and equipment: -€5,129
- Stocks and contracts +€1,491
up €1,491 (+17.6%), from €8,480 to €9,971
- Other debts +€16,852
up €16,852 (+146%), from €11,518 to €28,370
- Profit (loss) carried forward -€9,161
no longer reported in 2025 (was €9,161)
- Current portion of long-term debt -€8,620
down €8,620 (-95.0%), from €9,076 to €456
- Tax, wage and social debts +€5,539
up €5,539 (+51.5%), from €10,748 to €16,286
of which Taxes: +€4,178
- Gross operating margin +€27,256
up €27,256 (+43.6%), from €62,536 to €89,792
- Staff costs +€15,099
up €15,099 (+36.5%), from €41,421 to €56,520
- Taxes +€2,796
up €2,796 (+113%), from €2,478 to €5,274
- Depreciation -€1,276
down €1,276 (-13.9%), from €9,157 to €7,881
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 | €52,861 | €57,117 | +€4,256 | +8.1% |
| Fixed assets | 21/28 | €11,884 | €4,003 | -€7,881 | -66.3% |
| Tangible fixed assets | 22/27 | €9,484 | €1,603 | -€7,881 | -83.1% |
| Plant, machinery and equipment | 23 | €5,931 | €802 | -€5,129 | -86.5% |
| Other tangible fixed assets | 26 | €3,552 | €801 | -€2,751 | -77.5% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €40,977 | €53,114 | +€12,136 | +29.6% |
| Stocks and contracts in progress | 3 | €8,480 | €9,971 | +€1,491 | +17.6% |
| Stocks | 30/36 | €8,480 | €9,971 | +€1,491 | +17.6% |
| Amounts receivable within one year | 40/41 | €558 | €816 | +€258 | +46.3% |
| Trade receivables | 40 | €558 | €816 | +€258 | +46.3% |
| Cash at bank and in hand | 54/58 | €27,364 | €37,339 | +€9,974 | +36.4% |
| Deferred charges and accrued income | 490/1 | €4,575 | €4,988 | +€413 | +9.0% |
| Total equity and liabilities | 10/49 | €52,861 | €57,117 | +€4,256 | +8.1% |
| Equity | 10/15 | €16,161 | €7,000 | -€9,161 | -56.7% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,161 | - | -€9,161 | |
| Amounts payable | 17/49 | €36,700 | €50,117 | +€13,416 | +36.6% |
| Amounts payable after more than one year | 17 | €456 | - | -€456 | |
| Financial debts | 170/4 | €456 | - | -€456 | |
| Amounts payable within one year | 42/48 | €36,244 | €50,117 | +€13,873 | +38.3% |
| Current portion of amounts payable after more than one year | 42 | €9,076 | €456 | -€8,620 | -95.0% |
| Trade debts | 44 | €4,902 | €5,004 | +€102 | +2.1% |
| Suppliers | 440/4 | €4,902 | €5,004 | +€102 | +2.1% |
| Taxes, remuneration and social security | 45 | €10,748 | €16,286 | +€5,539 | +51.5% |
| Taxes | 450/3 | €7,611 | €11,789 | +€4,178 | +54.9% |
| Remuneration and social security | 454/9 | €3,137 | €4,498 | +€1,361 | +43.4% |
| Other amounts payable | 47/48 | €11,518 | €28,370 | +€16,852 | +146% |
| Remuneration, social security and pensions | 62 | €41,421 | €56,520 | +€15,099 | +36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,157 | €7,881 | -€1,276 | -13.9% |
| Other operating charges | 640/8 | €652 | €559 | -€94 | -14.4% |
| Gross operating margin | 9900 | €62,536 | €89,792 | +€27,256 | +43.6% |
| Operating profit (loss) | 9901 | €11,307 | €24,833 | +€13,526 | +120% |
| Financial charges | 65/66B | €1,412 | €1,337 | -€75 | -5.3% |
| Recurring financial charges | 65 | €1,412 | €1,337 | -€75 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €9,895 | €23,496 | +€13,601 | +137% |
| Income taxes | 67/77 | €2,478 | €5,274 | +€2,796 | +113% |
| Profit (loss) for the period | 9904 | €7,417 | €18,222 | +€10,805 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €7,417 | €18,222 | +€10,805 | +146% |
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 28 October 2026 via checked.be.