SYNAPSYS: 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.
SYNAPSYS
Largest movements
- Receivables within one year -€19,191
down €19,191 (-22.2%), from €86,486 to €67,295
of which Trade receivables: -€56,359
- Cash -€14,003
down €14,003 (-76.9%), from €18,220 to €4,217
mainly Net result for the year (-€50,572) and Tax, wage and social debts (-€12,397)
- Financial fixed assets -€10,400
down €10,400 (-2.6%), from €403,625 to €393,225
- Profit (loss) carried forward -€50,572
down €50,572, from €30,939 to -€19,633
- Other debts +€19,255
up €19,255 (+181.1%), from €10,635 to €29,890
- Tax, wage and social debts -€12,397
down €12,397 (-98.6%), from €12,573 to €176
of which Taxes: -€9,897
- Trade debts +€6,434
up €6,434 (+16.9%), from €38,060 to €44,494
- Gross operating margin -€38,908
down €38,908, from €17,114 to -€21,795
- Depreciation +€1,026
up €1,026 (+29.2%), from €3,510 to €4,536
- Financial income +€515
up €515 (+21086.5%), from €2 to €517
- Staff costs -€272
no longer reported in 2025 (was €272)
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 | €573,912 | €527,518 | -€46,393 | -8.1% |
| Fixed assets | 21/28 | €469,185 | €456,007 | -€13,178 | -2.8% |
| Tangible fixed assets | 22/27 | €65,560 | €62,781 | -€2,778 | -4.2% |
| Land and buildings | 22 | €63,897 | €60,375 | -€3,522 | -5.5% |
| Furniture and vehicles | 24 | €1,662 | €2,406 | +€744 | +44.7% |
| Financial fixed assets | 28 | €403,625 | €393,225 | -€10,400 | -2.6% |
| Current assets | 29/58 | €104,727 | €71,512 | -€33,215 | -31.7% |
| Amounts receivable within one year | 40/41 | €86,486 | €67,295 | -€19,191 | -22.2% |
| Trade receivables | 40 | €83,608 | €27,249 | -€56,359 | -67.4% |
| Other amounts receivable | 41 | €2,878 | €40,046 | +€37,168 | +1291.5% |
| Cash at bank and in hand | 54/58 | €18,220 | €4,217 | -€14,003 | -76.9% |
| Deferred charges and accrued income | 490/1 | €21 | - | -€21 | |
| Total equity and liabilities | 10/49 | €573,912 | €527,518 | -€46,393 | -8.1% |
| Equity | 10/15 | €106,839 | €56,267 | -€50,572 | -47.3% |
| Contributions | 10/11 | €20,900 | €20,900 | = | 0.0% |
| Reserves | 13 | €55,000 | €55,000 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,939 | -€19,633 | -€50,572 | |
| Provisions and deferred taxes | 16 | €315,108 | €311,751 | -€3,357 | -1.1% |
| Provisions for liabilities and charges | 160/5 | €315,108 | €311,751 | -€3,357 | -1.1% |
| Other liabilities and charges | 164/5 | €315,108 | €311,751 | -€3,357 | -1.1% |
| Amounts payable | 17/49 | €151,965 | €159,500 | +€7,535 | +5.0% |
| Amounts payable after more than one year | 17 | €84,940 | €83,000 | -€1,940 | -2.3% |
| Financial debts | 170/4 | €1,940 | - | -€1,940 | |
| Other amounts payable | 178/9 | €83,000 | €83,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,025 | €76,500 | +€9,475 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €5,757 | €1,940 | -€3,817 | -66.3% |
| Trade debts | 44 | €38,060 | €44,494 | +€6,434 | +16.9% |
| Suppliers | 440/4 | €38,060 | €44,494 | +€6,434 | +16.9% |
| Taxes, remuneration and social security | 45 | €12,573 | €176 | -€12,397 | -98.6% |
| Taxes | 450/3 | €10,074 | €176 | -€9,897 | -98.3% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €10,635 | €29,890 | +€19,255 | +181.1% |
| Remuneration, social security and pensions | 62 | €272 | - | -€272 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,510 | €4,536 | +€1,026 | +29.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,512 | -€3,357 | +€155 | +4.4% |
| Other operating charges | 640/8 | €1,176 | €1,125 | -€50 | -4.3% |
| Gross operating margin | 9900 | €17,114 | -€21,795 | -€38,908 | |
| Operating profit (loss) | 9901 | €15,668 | -€24,099 | -€39,767 | |
| Financial income | 75/76B | €2 | €517 | +€515 | +21086.5% |
| Recurring financial income | 75 | €2 | €517 | +€515 | +21086.5% |
| Financial charges | 65/66B | €26,841 | €26,781 | -€60 | -0.2% |
| Recurring financial charges | 65 | €26,841 | €26,781 | -€60 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,171 | -€50,364 | -€39,192 | -350.8% |
| Income taxes | 67/77 | €117 | €208 | +€91 | +77.7% |
| Profit (loss) for the period | 9904 | -€11,289 | -€50,572 | -€39,283 | -348.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,289 | -€50,572 | -€39,283 | -348.0% |
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 11 October 2026 via checked.be.