SYNBERG: what changed
SYNBERG
Largest movements
- Tangible fixed assets +€26,108
up €26,108 (+10.5%), from €247,588 to €273,697
of which Plant, machinery and equipment: +€40,500
- Cash +€10,226
up €10,226 (+37.3%), from €27,396 to €37,622
mainly Debts after one year (+€36,240) and Trade debts (+€27,861)
- Other debts -€42,726
down €42,726 (-97.0%), from €44,048 to €1,322
- Debts after one year +€36,240
new in 2026: €36,240
- Trade debts +€27,861
new in 2026: €27,861
- Reserves +€16,449
up €16,449 (+26.1%), from €63,049 to €79,498
of which Distributable reserves: +€16,449
- Gross operating margin +€20,122
up €20,122 (+97.1%), from €20,713 to €40,835
- Turnover +€15,951
up €15,951 (+50.4%), from €31,656 to €47,607
- Depreciation +€4,500
up €4,500 (+33.6%), from €13,382 to €17,882
- Purchases and services -€4,171
down €4,171 (-38.1%), from €10,943 to €6,772
- Other operating charges +€1,690
up €1,690 (+44.2%), from €3,821 to €5,511
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €332,801 | €369,332 | +€36,531 | +11.0% |
| Fixed assets | 21/28 | €247,588 | €273,697 | +€26,108 | +10.5% |
| Tangible fixed assets | 22/27 | €247,588 | €273,697 | +€26,108 | +10.5% |
| Land and buildings | 22 | €247,588 | €233,197 | -€14,392 | -5.8% |
| Plant, machinery and equipment | 23 | - | €40,500 | +€40,500 | |
| Current assets | 29/58 | €85,212 | €95,635 | +€10,423 | +12.2% |
| Amounts receivable within one year | 40/41 | €1,537 | €1,733 | +€197 | +12.8% |
| Trade receivables | 40 | €1,210 | €1,050 | -€160 | -13.2% |
| Other amounts receivable | 41 | €327 | €683 | +€357 | +109% |
| Current investments | 50/53 | €56,280 | €56,280 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,396 | €37,622 | +€10,226 | +37.3% |
| Total equity and liabilities | 10/49 | €332,801 | €369,332 | +€36,531 | +11.0% |
| Equity | 10/15 | €287,459 | €303,908 | +€16,449 | +5.7% |
| Contributions | 10/11 | €224,410 | €224,410 | = | 0.0% |
| Reserves | 13 | €63,049 | €79,498 | +€16,449 | +26.1% |
| Non-distributable reserves | 130/1 | €56,280 | €56,280 | = | 0.0% |
| Own shares acquired | 1312 | €56,280 | €56,280 | = | 0.0% |
| Distributable reserves | 133 | €6,769 | €23,218 | +€16,449 | +243% |
| Amounts payable | 17/49 | €45,342 | €65,424 | +€20,082 | +44.3% |
| Amounts payable after more than one year | 17 | - | €36,240 | +€36,240 | |
| Financial debts | 170/4 | - | €36,240 | +€36,240 | |
| Amounts payable within one year | 42/48 | €45,342 | €29,184 | -€16,158 | -35.6% |
| Trade debts | 44 | - | €27,861 | +€27,861 | |
| Suppliers | 440/4 | - | €27,861 | +€27,861 | |
| Taxes, remuneration and social security | 45 | €1,294 | - | -€1,294 | |
| Taxes | 450/3 | €1,294 | - | -€1,294 | |
| Other amounts payable | 47/48 | €44,048 | €1,322 | -€42,726 | -97.0% |
| Turnover | 70 | €31,656 | €47,607 | +€15,951 | +50.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,943 | €6,772 | -€4,171 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,382 | €17,882 | +€4,500 | +33.6% |
| Other operating charges | 640/8 | €3,821 | €5,511 | +€1,690 | +44.2% |
| Gross operating margin | 9900 | €20,713 | €40,835 | +€20,122 | +97.1% |
| Operating profit (loss) | 9901 | €3,510 | €17,442 | +€13,932 | +397% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €39 | €45 | +€6 | +15.3% |
| Recurring financial charges | 65 | €39 | €45 | +€6 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €3,471 | €17,407 | +€13,936 | +402% |
| Income taxes | 67/77 | - | €958 | +€958 | |
| Profit (loss) for the period | 9904 | €3,471 | €16,449 | +€12,978 | +374% |
| Profit (loss) for the period to be appropriated | 9905 | €3,471 | €16,449 | +€12,978 | +374% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.