SYNAXONE: 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.
SYNAXONE
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€64,157
down €64,157 (-42.3%), from €151,703 to €87,546
mainly Current investments (-€150,000) and Receivables within one year (-€9,930)
- Receivables within one year +€9,930
up €9,930 (+128%), from €7,744 to €17,674
- Reserves +€98,534
up €98,534 (+93.3%), from €105,627 to €204,161
- Gross operating margin -€11,800
down €11,800 (-7.8%), from €150,658 to €138,858
- Taxes -€3,320
down €3,320 (-7.7%), from €43,368 to €40,048
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 | €160,928 | €256,459 | +€95,531 | +59.4% |
| Formation expenses | 20 | €1,443 | €722 | -€721 | -50.0% |
| Current assets | 29/58 | €159,485 | €255,737 | +€96,251 | +60.4% |
| Stocks and contracts in progress | 3 | €38 | €0 | -€38 | -100% |
| Stocks | 30/36 | €38 | €0 | -€38 | -100% |
| Amounts receivable within one year | 40/41 | €7,744 | €17,674 | +€9,930 | +128% |
| Trade receivables | 40 | €7,744 | €17,674 | +€9,930 | +128% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €151,703 | €87,546 | -€64,157 | -42.3% |
| Deferred charges and accrued income | 490/1 | - | €516 | +€516 | |
| Total equity and liabilities | 10/49 | €160,928 | €256,459 | +€95,531 | +59.4% |
| Equity | 10/15 | €108,627 | €207,161 | +€98,534 | +90.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €105,627 | €204,161 | +€98,534 | +93.3% |
| Distributable reserves | 133 | €105,627 | €204,161 | +€98,534 | +93.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,301 | €49,298 | -€3,003 | -5.7% |
| Amounts payable within one year | 42/48 | €52,301 | €49,298 | -€3,003 | -5.7% |
| Trade debts | 44 | €821 | €324 | -€497 | -60.6% |
| Suppliers | 440/4 | €821 | €324 | -€497 | -60.6% |
| Taxes, remuneration and social security | 45 | €50,621 | €48,141 | -€2,480 | -4.9% |
| Taxes | 450/3 | €50,621 | €48,141 | -€2,480 | -4.9% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €720 | €721 | +€1 | +0.1% |
| Other operating charges | 640/8 | €81 | €82 | +€1 | +1.6% |
| Gross operating margin | 9900 | €150,658 | €138,858 | -€11,800 | -7.8% |
| Operating profit (loss) | 9901 | €149,857 | €138,055 | -€11,802 | -7.9% |
| Financial income | 75/76B | - | €1,454 | +€1,454 | |
| Recurring financial income | 75 | - | €1,454 | +€1,454 | |
| Financial charges | 65/66B | €3 | €94 | +€91 | +3,098% |
| Recurring financial charges | 65 | €3 | €94 | +€91 | +3,098% |
| Profit (loss) for the period before taxes | 9903 | €149,854 | €139,415 | -€10,439 | -7.0% |
| Income taxes | 67/77 | €43,368 | €40,048 | -€3,320 | -7.7% |
| Profit (loss) for the period | 9904 | €106,486 | €99,367 | -€7,119 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €106,486 | €99,367 | -€7,119 | -6.7% |
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 25 October 2026 via checked.be.