SYNAPSE: 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.
SYNAPSE
Largest movements
- Cash -€36,561
down €36,561 (-5.6%), from €655,057 to €618,496
mainly Debts within one year (-€34,473) and Investment in fixed assets (net) (-€24,295)
- Tangible fixed assets +€10,573
up €10,573 (+10.9%), from €96,950 to €107,523
of which Other tangible fixed assets: +€21,361
- Receivables within one year -€9,184
down €9,184 (-14.3%), from €64,183 to €55,000
of which Trade receivables: -€11,047
- Debts within one year -€34,473
down €34,473 (-14.0%), from €246,498 to €212,025
of which Trade debts: -€32,164
- Staff costs +€117,097
up €117,097 (+15.5%), from €753,498 to €870,595
- Gross operating margin -€104,545
down €104,545 (-10.2%), from €1.0m to €919,584
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 | €820,840 | €786,156 | -€34,684 | -4.2% |
| Fixed assets | 21/28 | €97,200 | €107,773 | +€10,573 | +10.9% |
| Tangible fixed assets | 22/27 | €96,950 | €107,523 | +€10,573 | +10.9% |
| Plant, machinery and equipment | 23 | €7,923 | €2,042 | -€5,881 | -74.2% |
| Furniture and vehicles | 24 | €15,012 | €10,105 | -€4,908 | -32.7% |
| Other tangible fixed assets | 26 | €74,015 | €95,376 | +€21,361 | +28.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €723,640 | €678,384 | -€45,256 | -6.3% |
| Amounts receivable within one year | 40/41 | €64,183 | €55,000 | -€9,184 | -14.3% |
| Trade receivables | 40 | €43,948 | €32,901 | -€11,047 | -25.1% |
| Other amounts receivable | 41 | €20,236 | €22,099 | +€1,863 | +9.2% |
| Cash at bank and in hand | 54/58 | €655,057 | €618,496 | -€36,561 | -5.6% |
| Deferred charges and accrued income | 490/1 | €4,399 | €4,888 | +€489 | +11.1% |
| Total equity and liabilities | 10/49 | €820,840 | €786,156 | -€34,684 | -4.2% |
| Equity | 10/15 | €570,662 | €574,131 | +€3,469 | +0.6% |
| Profit (loss) carried forward | 14 | €570,662 | €574,131 | +€3,469 | +0.6% |
| Amounts payable | 17/49 | €250,178 | €212,025 | -€38,153 | -15.3% |
| Amounts payable within one year | 42/48 | €246,498 | €212,025 | -€34,473 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €42,211 | €40,485 | -€1,726 | -4.1% |
| Trade debts | 44 | €61,752 | €29,588 | -€32,164 | -52.1% |
| Suppliers | 440/4 | €61,752 | €29,588 | -€32,164 | -52.1% |
| Taxes, remuneration and social security | 45 | €133,486 | €130,899 | -€2,587 | -1.9% |
| Taxes | 450/3 | €6,098 | €83 | -€6,015 | -98.6% |
| Remuneration and social security | 454/9 | €127,388 | €130,816 | +€3,429 | +2.7% |
| Accrued charges and deferred income | 492/3 | €3,680 | - | -€3,680 | |
| Remuneration, social security and pensions | 62 | €753,498 | €870,595 | +€117,097 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,723 | €13,722 | -€5,001 | -26.7% |
| Other operating charges | 640/8 | €994 | €1,153 | +€159 | +16.0% |
| Non-recurring operating charges | 66A | - | €21,660 | +€21,660 | |
| Gross operating margin | 9900 | €1,024,128 | €919,584 | -€104,545 | -10.2% |
| Operating profit (loss) | 9901 | €250,914 | €12,453 | -€238,461 | -95.0% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €5,948 | €8,984 | +€3,036 | +51.0% |
| Recurring financial charges | 65 | €5,948 | €8,984 | +€3,036 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | €244,978 | €3,469 | -€241,509 | -98.6% |
| Profit (loss) for the period | 9904 | €244,978 | €3,469 | -€241,509 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €244,978 | €3,469 | -€241,509 | -98.6% |
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 2 October 2026 via checked.be.