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SYNCRO STELLINGEN: 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.

What changed

SYNCRO STELLINGEN

BE 0878.972.824
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€168,188
2024 · €124,913+€43,275
Equity
€750,515
2024 · €582,327+€168,188
Cash
€547,798
2024 · €353,426+€194,372
Balance sheet total
€1.4m
2024 · €1.0m+€334,239

Largest movements

2024 to 2025
Assets
  • Cash +€194,372

    up €194,372 (+55.0%), from €353,426 to €547,798

    mainly Debts after one year (+€212,781) and Net result for the year (+€168,188)

  • Stocks and contracts +€180,889

    up €180,889 (+46.2%), from €391,428 to €572,316

  • Receivables within one year -€37,783

    down €37,783 (-16.9%), from €223,772 to €185,989

    of which Trade receivables: -€37,789

Equity and liabilities
  • Debts after one year +€212,781

    up €212,781 (+703.0%), from €30,270 to €243,050

  • Reserves +€168,188

    up €168,188 (+29.8%), from €563,727 to €731,915

    of which Distributable reserves: +€168,188

  • Current portion of long-term debt +€68,356

    up €68,356 (+98.7%), from €69,276 to €137,632

  • Accrued charges and deferred income -€57,866

    down €57,866 (-29.9%), from €193,572 to €135,707

  • Tax, wage and social debts -€51,556

    down €51,556 (-39.9%), from €129,343 to €77,787

    of which Taxes: -€53,971

Income statement
  • Gross operating margin +€76,022

    up €76,022 (+29.2%), from €260,629 to €336,651

  • Taxes +€22,109

    up €22,109 (+42.1%), from €52,537 to €74,646

  • Other operating charges -€13,247

    down €13,247 (-84.9%), from €15,605 to €2,357

  • Financial income -€12,723

    down €12,723 (-83.2%), from €15,296 to €2,573

    of which Non-recurring financial income: -€12,400

  • Depreciation +€7,082

    up €7,082 (+16.6%), from €42,709 to €49,791

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €124,913
Gross operating margin +€76,022
Staff costs -€1,341
Depreciation -€7,082
Other operating charges +€13,247
Financial income -€12,723
Financial charges -€2,740
Taxes -€22,109
Result 2025 €168,188

Cash bridge derived

cash 2024 to 2025

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.

From operations -€36,115
Investment -€50,650
Financing +€281,136
Cash 2024 €353,426
Net result for the year +€168,188
Depreciation +€49,791
Stocks and contracts -€180,889
Receivables within one year +€37,783
Deferred charges and accrued income +€4,098
Trade debts -€62
Tax, wage and social debts -€51,556
Other debts -€5,601
Accrued charges and deferred income -€57,866
Investment in fixed assets (net) -€50,650
Debts after one year +€212,781
Current portion of long-term debt +€68,356
Cash 2025 €547,798
Every line side by side 49 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,047,382 €1,381,621 +€334,239 +31.9%
Fixed assets 21/28 €72,751 €73,609 +€859 +1.2%
Tangible fixed assets 22/27 €69,001 €69,859 +€859 +1.2%
Plant, machinery and equipment 23 €21,352 €44,899 +€23,547 +110.3%
Furniture and vehicles 24 €46,805 €24,491 -€22,314 -47.7%
Other tangible fixed assets 26 €844 €469 -€375 -44.4%
Financial fixed assets 28 €3,750 €3,750 = 0.0%
Current assets 29/58 €974,632 €1,308,012 +€333,380 +34.2%
Stocks and contracts in progress 3 €391,428 €572,316 +€180,889 +46.2%
Stocks 30/36 €391,428 €572,316 +€180,889 +46.2%
Amounts receivable within one year 40/41 €223,772 €185,989 -€37,783 -16.9%
Trade receivables 40 €223,013 €185,224 -€37,789 -16.9%
Other amounts receivable 41 €759 €765 +€7 +0.9%
Current investments 50/53 €250 €250 = 0.0%
Cash at bank and in hand 54/58 €353,426 €547,798 +€194,372 +55.0%
Deferred charges and accrued income 490/1 €5,756 €1,658 -€4,098 -71.2%
Total equity and liabilities 10/49 €1,047,382 €1,381,621 +€334,239 +31.9%
Equity 10/15 €582,327 €750,515 +€168,188 +28.9%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €563,727 €731,915 +€168,188 +29.8%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €561,867 €730,055 +€168,188 +29.9%
Amounts payable 17/49 €465,055 €631,106 +€166,051 +35.7%
Amounts payable after more than one year 17 €30,270 €243,050 +€212,781 +703.0%
Financial debts 170/4 €30,270 €243,050 +€212,781 +703.0%
Amounts payable within one year 42/48 €241,213 €252,349 +€11,136 +4.6%
Current portion of amounts payable after more than one year 42 €69,276 €137,632 +€68,356 +98.7%
Trade debts 44 €17,171 €17,109 -€62 -0.4%
Suppliers 440/4 €17,171 €17,109 -€62 -0.4%
Taxes, remuneration and social security 45 €129,343 €77,787 -€51,556 -39.9%
Taxes 450/3 €123,161 €69,191 -€53,971 -43.8%
Remuneration and social security 454/9 €6,182 €8,596 +€2,414 +39.1%
Other amounts payable 47/48 €25,423 €19,821 -€5,601 -22.0%
Accrued charges and deferred income 492/3 €193,572 €135,707 -€57,866 -29.9%
Remuneration, social security and pensions 62 €32,511 €33,852 +€1,341 +4.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €42,709 €49,791 +€7,082 +16.6%
Other operating charges 640/8 €15,605 €2,357 -€13,247 -84.9%
Gross operating margin 9900 €260,629 €336,651 +€76,022 +29.2%
Operating profit (loss) 9901 €169,804 €250,651 +€80,846 +47.6%
Financial income 75/76B €15,296 €2,573 -€12,723 -83.2%
Recurring financial income 75 €2,896 €2,573 -€323 -11.1%
Non-recurring financial income 76B €12,400 - -€12,400
Financial charges 65/66B €7,650 €10,390 +€2,740 +35.8%
Recurring financial charges 65 €7,650 €10,390 +€2,740 +35.8%
Profit (loss) for the period before taxes 9903 €177,450 €242,834 +€65,383 +36.8%
Income taxes 67/77 €52,537 €74,646 +€22,109 +42.1%
Profit (loss) for the period 9904 €124,913 €168,188 +€43,275 +34.6%
Profit (loss) for the period to be appropriated 9905 €124,913 €168,188 +€43,275 +34.6%

Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.