SYNCLEON: 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.
SYNCLEON
Largest movements
- Tangible fixed assets +€68,162
up €68,162 (+38.1%), from €179,096 to €247,258
of which Furniture and vehicles: +€55,499
- Cash +€62,085
up €62,085 (+231.3%), from €26,846 to €88,931
mainly Debts after one year (+€58,731) and Net result for the year (+€58,429)
- Receivables within one year +€8,364
up €8,364 (+45.2%), from €18,500 to €26,864
of which Trade receivables: +€13,364
- Debts after one year +€58,731
new in 2025: €58,731
- Other debts +€56,335
up €56,335 (+203.2%), from €27,725 to €84,060
- Tax, wage and social debts +€28,540
up €28,540 (+153.5%), from €18,593 to €47,133
of which Taxes: +€24,840
- Current portion of long-term debt +€13,990
new in 2025: €13,990
- Reserves -€7,080
down €7,080 (-4.3%), from €164,222 to €157,142
- Gross operating margin +€10,840
up €10,840 (+9.6%), from €113,264 to €124,103
- Depreciation +€9,276
up €9,276 (+30.0%), from €30,906 to €40,182
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 | €224,442 | €365,269 | +€140,827 | +62.7% |
| Fixed assets | 21/28 | €179,096 | €247,258 | +€68,162 | +38.1% |
| Tangible fixed assets | 22/27 | €179,096 | €247,258 | +€68,162 | +38.1% |
| Plant, machinery and equipment | 23 | €116,410 | €129,074 | +€12,663 | +10.9% |
| Furniture and vehicles | 24 | €62,686 | €118,185 | +€55,499 | +88.5% |
| Current assets | 29/58 | €45,346 | €118,011 | +€72,664 | +160.2% |
| Amounts receivable within one year | 40/41 | €18,500 | €26,864 | +€8,364 | +45.2% |
| Trade receivables | 40 | €13,500 | €26,864 | +€13,364 | +99.0% |
| Other amounts receivable | 41 | €5,000 | €0 | -€5,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €26,846 | €88,931 | +€62,085 | +231.3% |
| Deferred charges and accrued income | 490/1 | €0 | €2,215 | +€2,215 | |
| Total equity and liabilities | 10/49 | €224,442 | €365,269 | +€140,827 | +62.7% |
| Equity | 10/15 | €170,422 | €160,692 | -€9,730 | -5.7% |
| Contributions | 10/11 | €6,200 | €3,550 | -€2,650 | -42.7% |
| Reserves | 13 | €164,222 | €157,142 | -€7,080 | -4.3% |
| Distributable reserves | 133 | €164,222 | €157,142 | -€7,080 | -4.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,020 | €204,577 | +€150,557 | +278.7% |
| Amounts payable after more than one year | 17 | - | €58,731 | +€58,731 | |
| Financial debts | 170/4 | - | €58,731 | +€58,731 | |
| Amounts payable within one year | 42/48 | €54,020 | €145,846 | +€91,826 | +170.0% |
| Current portion of amounts payable after more than one year | 42 | - | €13,990 | +€13,990 | |
| Trade debts | 44 | €7,703 | €664 | -€7,039 | -91.4% |
| Suppliers | 440/4 | €7,703 | €664 | -€7,039 | -91.4% |
| Taxes, remuneration and social security | 45 | €18,593 | €47,133 | +€28,540 | +153.5% |
| Taxes | 450/3 | €18,593 | €43,433 | +€24,840 | +133.6% |
| Remuneration and social security | 454/9 | - | €3,700 | +€3,700 | |
| Other amounts payable | 47/48 | €27,725 | €84,060 | +€56,335 | +203.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,906 | €40,182 | +€9,276 | +30.0% |
| Other operating charges | 640/8 | €1,817 | €1,878 | +€60 | +3.3% |
| Gross operating margin | 9900 | €113,264 | €124,103 | +€10,840 | +9.6% |
| Operating profit (loss) | 9901 | €80,540 | €82,043 | +€1,503 | +1.9% |
| Financial income | 75/76B | €7 | €43 | +€36 | +499.4% |
| Recurring financial income | 75 | €7 | €43 | +€36 | +499.4% |
| Financial charges | 65/66B | €117 | €608 | +€491 | +419.5% |
| Recurring financial charges | 65 | €117 | €608 | +€491 | +419.5% |
| Profit (loss) for the period before taxes | 9903 | €80,431 | €81,479 | +€1,049 | +1.3% |
| Income taxes | 67/77 | €21,920 | €23,050 | +€1,130 | +5.2% |
| Profit (loss) for the period | 9904 | €58,511 | €58,429 | -€81 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,511 | €58,429 | -€81 | -0.1% |
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.