SYNCHRONE: 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.
SYNCHRONE
Largest movements
- Tangible fixed assets -€375,010
down €375,010 (-94.9%), from €394,994 to €19,984
of which Plant, machinery and equipment: -€236,579
- Cash -€254,676
down €254,676 (-82.5%), from €308,584 to €53,908
mainly Contributions, distributions and other (-€421,342) and Accrued charges and deferred income (-€133,442)
- Receivables within one year -€102,600
down €102,600 (-18.3%), from €560,168 to €457,569
of which Other amounts receivable: -€73,197
- Deferred charges and accrued income +€34,693
up €34,693 (+549.4%), from €6,314 to €41,007
- Intangible fixed assets -€21,069
down €21,069 (-30.4%), from €69,343 to €48,274
- Reserves -€313,044
down €313,044 (-90.2%), from €347,136 to €34,092
of which Distributable reserves: -€296,027
- Accrued charges and deferred income -€133,442
down €133,442 (-59.7%), from €223,434 to €89,992
- Other debts -€103,000
down €103,000 (-68.7%), from €150,000 to €47,000
- Profit (loss) carried forward -€96,180
down €96,180 (-71.7%), from €134,225 to €38,045
- Trade debts -€73,082
down €73,082 (-32.0%), from €228,345 to €155,263
- Staff costs +€127,132
up €127,132 (+14.5%), from €875,273 to €1.0m
- Gross operating margin -€93,425
down €93,425 (-7.9%), from €1.2m to €1.1m
- Depreciation -€92,225
down €92,225 (-74.3%), from €124,095 to €31,871
- Taxes -€28,853
down €28,853 (-60.5%), from €47,717 to €18,864
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,339,403 | €628,242 | -€711,162 | -53.1% |
| Fixed assets | 21/28 | €464,337 | €75,758 | -€388,579 | -83.7% |
| Intangible fixed assets | 21 | €69,343 | €48,274 | -€21,069 | -30.4% |
| Tangible fixed assets | 22/27 | €394,994 | €19,984 | -€375,010 | -94.9% |
| Land and buildings | 22 | €131,881 | €0 | -€131,881 | -100.0% |
| Plant, machinery and equipment | 23 | €236,579 | €0 | -€236,579 | -100.0% |
| Furniture and vehicles | 24 | €22,188 | €14,430 | -€7,759 | -35.0% |
| Other tangible fixed assets | 26 | €4,346 | €5,555 | +€1,209 | +27.8% |
| Financial fixed assets | 28 | - | €7,500 | +€7,500 | |
| Current assets | 29/58 | €875,067 | €552,484 | -€322,583 | -36.9% |
| Amounts receivable within one year | 40/41 | €560,168 | €457,569 | -€102,600 | -18.3% |
| Trade receivables | 40 | €384,072 | €354,669 | -€29,403 | -7.7% |
| Other amounts receivable | 41 | €176,097 | €102,900 | -€73,197 | -41.6% |
| Cash at bank and in hand | 54/58 | €308,584 | €53,908 | -€254,676 | -82.5% |
| Deferred charges and accrued income | 490/1 | €6,314 | €41,007 | +€34,693 | +549.4% |
| Total equity and liabilities | 10/49 | €1,339,403 | €628,242 | -€711,162 | -53.1% |
| Equity | 10/15 | €491,361 | €74,519 | -€416,842 | -84.8% |
| Contributions | 10/11 | €10,000 | €2,382 | -€7,618 | -76.2% |
| Reserves | 13 | €347,136 | €34,092 | -€313,044 | -90.2% |
| Non-distributable reserves | 130/1 | €2,000 | €476 | -€1,524 | -76.2% |
| Reserves not available under the articles | 1311 | €2,000 | €476 | -€1,524 | -76.2% |
| Tax-exempt reserves | 132 | €20,336 | €4,843 | -€15,493 | -76.2% |
| Distributable reserves | 133 | €324,800 | €28,773 | -€296,027 | -91.1% |
| Profit (loss) carried forward | 14 | €134,225 | €38,045 | -€96,180 | -71.7% |
| Amounts payable | 17/49 | €848,042 | €553,723 | -€294,320 | -34.7% |
| Amounts payable after more than one year | 17 | €72,500 | €62,500 | -€10,000 | -13.8% |
| Financial debts | 170/4 | €72,500 | €62,500 | -€10,000 | -13.8% |
| Amounts payable within one year | 42/48 | €552,109 | €401,231 | -€150,878 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €228,345 | €155,263 | -€73,082 | -32.0% |
| Suppliers | 440/4 | €228,345 | €155,263 | -€73,082 | -32.0% |
| Taxes, remuneration and social security | 45 | €163,764 | €188,968 | +€25,204 | +15.4% |
| Taxes | 450/3 | €37,936 | €59,065 | +€21,130 | +55.7% |
| Remuneration and social security | 454/9 | €125,828 | €129,902 | +€4,074 | +3.2% |
| Other amounts payable | 47/48 | €150,000 | €47,000 | -€103,000 | -68.7% |
| Accrued charges and deferred income | 492/3 | €223,434 | €89,992 | -€133,442 | -59.7% |
| Remuneration, social security and pensions | 62 | €875,273 | €1,002,404 | +€127,132 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,095 | €31,871 | -€92,225 | -74.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,178 | +€4,178 | |
| Other operating charges | 640/8 | €12,168 | €20,607 | +€8,439 | +69.4% |
| Non-recurring operating charges | 66A | - | €2,700 | +€2,700 | |
| Gross operating margin | 9900 | €1,185,017 | €1,091,592 | -€93,425 | -7.9% |
| Operating profit (loss) | 9901 | €173,481 | €29,833 | -€143,649 | -82.8% |
| Financial income | 75/76B | €1,444 | €998 | -€446 | -30.9% |
| Recurring financial income | 75 | €1,444 | €998 | -€446 | -30.9% |
| Financial charges | 65/66B | €12,071 | €7,467 | -€4,604 | -38.1% |
| Recurring financial charges | 65 | €12,071 | €7,467 | -€4,604 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €162,854 | €23,364 | -€139,490 | -85.7% |
| Income taxes | 67/77 | €47,717 | €18,864 | -€28,853 | -60.5% |
| Profit (loss) for the period | 9904 | €115,138 | €4,500 | -€110,638 | -96.1% |
| Transfer to tax-exempt reserves | 689 | €2,350 | €0 | -€2,350 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €112,788 | €4,500 | -€108,288 | -96.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.