SYNAPPAR: 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.
SYNAPPAR
Largest movements
- Cash -€27,648
down €27,648 (-40.0%), from €69,126 to €41,479
mainly Net result for the year (-€40,989) and Deferred charges and accrued income (-€717)
- Profit (loss) carried forward -€40,989
new in 2025: -€40,989
- Trade debts +€11,390
up €11,390 (+268.0%), from €4,250 to €15,639
- Tax, wage and social debts +€2,941
up €2,941 (+539.7%), from €545 to €3,485
- Gross operating margin -€70,935
down €70,935, from €30,413 to -€40,521
- Taxes -€9,383
no longer reported in 2025 (was €9,383)
- Depreciation -€569
down €569 (-92.6%), from €614 to €45
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 | €88,009 | €60,827 | -€27,182 | -30.9% |
| Fixed assets | 21/28 | €45 | - | -€45 | |
| Tangible fixed assets | 22/27 | €45 | - | -€45 | |
| Furniture and vehicles | 24 | €45 | - | -€45 | |
| Current assets | 29/58 | €87,963 | €60,827 | -€27,136 | -30.8% |
| Amounts receivable within one year | 40/41 | €18,837 | €18,631 | -€206 | -1.1% |
| Trade receivables | 40 | €7,841 | €9,665 | +€1,824 | +23.3% |
| Other amounts receivable | 41 | €10,996 | €8,966 | -€2,030 | -18.5% |
| Cash at bank and in hand | 54/58 | €69,126 | €41,479 | -€27,648 | -40.0% |
| Deferred charges and accrued income | 490/1 | - | €717 | +€717 | |
| Total equity and liabilities | 10/49 | €88,009 | €60,827 | -€27,182 | -30.9% |
| Equity | 10/15 | €82,081 | €41,093 | -€40,989 | -49.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,481 | €63,481 | = | 0.0% |
| Distributable reserves | 133 | €63,481 | €63,481 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€40,989 | -€40,989 | |
| Amounts payable | 17/49 | €5,928 | €19,735 | +€13,807 | +232.9% |
| Amounts payable within one year | 42/48 | €5,928 | €19,735 | +€13,807 | +232.9% |
| Trade debts | 44 | €4,250 | €15,639 | +€11,390 | +268.0% |
| Suppliers | 440/4 | €4,250 | €15,639 | +€11,390 | +268.0% |
| Taxes, remuneration and social security | 45 | €545 | €3,485 | +€2,941 | +539.7% |
| Taxes | 450/3 | €545 | €3,485 | +€2,941 | +539.7% |
| Other amounts payable | 47/48 | €1,133 | €610 | -€523 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €614 | €45 | -€569 | -92.6% |
| Other operating charges | 640/8 | €938 | €705 | -€233 | -24.8% |
| Gross operating margin | 9900 | €30,413 | -€40,521 | -€70,935 | |
| Operating profit (loss) | 9901 | €28,862 | -€41,272 | -€70,133 | |
| Financial income | 75/76B | €169 | €293 | +€125 | +73.8% |
| Recurring financial income | 75 | €169 | €293 | +€125 | +73.8% |
| Financial charges | 65/66B | €77 | €10 | -€67 | -86.7% |
| Recurring financial charges | 65 | €77 | €10 | -€67 | -86.7% |
| Profit (loss) for the period before taxes | 9903 | €28,953 | -€40,989 | -€69,942 | |
| Income taxes | 67/77 | €9,383 | - | -€9,383 | |
| Profit (loss) for the period | 9904 | €19,570 | -€40,989 | -€60,559 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,570 | -€40,989 | -€60,559 |
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 9 October 2026 via checked.be.