SYNAPSE: 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.
SYNAPSE
Largest movements
- Cash +€89,681
up €89,681 (+326.3%), from €27,483 to €117,164
mainly Net result for the year (+€95,885) and Other debts (+€1,806)
- Deferred charges and accrued income +€5,700
up €5,700 (+39.7%), from €14,368 to €20,068
- Reserves +€95,885
up €95,885 (+358.5%), from €26,747 to €122,632
- Other debts +€1,806
up €1,806 (+19.8%), from €9,103 to €10,909
- Gross operating margin +€90,368
up €90,368 (+258.5%), from €34,957 to €125,326
- Taxes +€20,008
up €20,008 (+272.2%), from €7,351 to €27,358
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 | €44,922 | €141,333 | +€96,411 | +214.6% |
| Fixed assets | 21/28 | €2,946 | €3,159 | +€213 | +7.2% |
| Tangible fixed assets | 22/27 | €2,946 | €3,159 | +€213 | +7.2% |
| Furniture and vehicles | 24 | €2,946 | €3,159 | +€213 | +7.2% |
| Current assets | 29/58 | €41,976 | €138,174 | +€96,198 | +229.2% |
| Amounts receivable within one year | 40/41 | €125 | €942 | +€817 | +653.5% |
| Trade receivables | 40 | €125 | - | -€125 | |
| Other amounts receivable | 41 | - | €942 | +€942 | |
| Cash at bank and in hand | 54/58 | €27,483 | €117,164 | +€89,681 | +326.3% |
| Deferred charges and accrued income | 490/1 | €14,368 | €20,068 | +€5,700 | +39.7% |
| Total equity and liabilities | 10/49 | €44,922 | €141,333 | +€96,411 | +214.6% |
| Equity | 10/15 | €31,747 | €127,632 | +€95,885 | +302.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,747 | €122,632 | +€95,885 | +358.5% |
| Distributable reserves | 133 | €26,747 | €122,632 | +€95,885 | +358.5% |
| Amounts payable | 17/49 | €13,176 | €13,701 | +€525 | +4.0% |
| Amounts payable within one year | 42/48 | €13,176 | €12,996 | -€179 | -1.4% |
| Trade debts | 44 | €1,447 | €713 | -€735 | -50.8% |
| Suppliers | 440/4 | €1,447 | €713 | -€735 | -50.8% |
| Taxes, remuneration and social security | 45 | €2,626 | €1,375 | -€1,251 | -47.6% |
| Taxes | 450/3 | €2,626 | €1,375 | -€1,251 | -47.6% |
| Other amounts payable | 47/48 | €9,103 | €10,909 | +€1,806 | +19.8% |
| Accrued charges and deferred income | 492/3 | - | €705 | +€705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268 | €1,115 | +€847 | +316.3% |
| Other operating charges | 640/8 | €562 | €209 | -€353 | -62.9% |
| Gross operating margin | 9900 | €34,957 | €125,326 | +€90,368 | +258.5% |
| Operating profit (loss) | 9901 | €34,128 | €124,003 | +€89,875 | +263.3% |
| Financial charges | 65/66B | €31 | €759 | +€728 | +2367.9% |
| Recurring financial charges | 65 | €31 | €759 | +€728 | +2367.9% |
| Profit (loss) for the period before taxes | 9903 | €34,097 | €123,243 | +€89,146 | +261.4% |
| Income taxes | 67/77 | €7,351 | €27,358 | +€20,008 | +272.2% |
| Profit (loss) for the period | 9904 | €26,747 | €95,885 | +€69,139 | +258.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,747 | €95,885 | +€69,139 | +258.5% |
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 10 October 2026 via checked.be.