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SyncroTex: what changed

What changed

SyncroTex

BE 0741.562.030
NACE 42.220, Construction of utility projects for electricity and telecommunications
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€28,681
2023 · €7,735+€20,946
Equity
€45,211
2023 · €16,530+€28,681
Cash
€51,241
2023 · €26,771+€24,470
Balance sheet total
€77,725
2023 · €34,156+€43,569

Largest movements

2023 to 2024
Assets
  • Cash +€24,470

    up €24,470 (+91.4%), from €26,771 to €51,241

    mainly Net result for the year (+€28,681) and Tax, wage and social debts (+€8,287)

  • Receivables within one year +€15,424

    up €15,424 (+211%), from €7,295 to €22,719

  • Tangible fixed assets +€3,675

    new in 2024: €3,675

Equity and liabilities
  • Profit (loss) carried forward +€28,681

    up €28,681 (+249%), from €11,530 to €40,211

  • Tax, wage and social debts +€8,287

    up €8,287 (+81.2%), from €10,211 to €18,498

  • Trade debts +€4,999

    up €4,999 (+76.0%), from €6,579 to €11,578

  • Other debts +€1,602

    up €1,602 (+191%), from €837 to €2,438

Income statement
  • Turnover +€53,997

    up €53,997 (+69.2%), from €78,005 to €132,002

  • Gross operating margin +€30,127

    up €30,127 (+263%), from €11,465 to €41,592

  • Purchases and services +€23,649

    up €23,649 (+35.3%), from €66,904 to €90,554

  • Taxes +€8,046

    up €8,046 (+234%), from €3,433 to €11,479

Change in the result, 2023 to 2024

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2023 €7,735
Gross operating margin +€30,127
Depreciation -€1,126
Other operating charges -€9
Financial income +€1
Taxes -€8,046
Result 2024 €28,681
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations +€29,306
Investment -€4,836
Financing €0
Cash 2023 €26,771
Net result for the year +€28,681
Depreciation +€1,161
Receivables within one year -€15,424
Trade debts +€4,999
Tax, wage and social debts +€8,287
Other debts +€1,602
Investment in fixed assets (net) -€4,836
Cash 2024 €51,241
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €34,156 €77,725 +€43,569 +128%
Fixed assets 21/28 €90 €3,765 +€3,675 +4,083%
Tangible fixed assets 22/27 - €3,675 +€3,675
Furniture and vehicles 24 - €3,675 +€3,675
Financial fixed assets 28 €90 €90 = 0.0%
Current assets 29/58 €34,066 €73,960 +€39,894 +117%
Amounts receivable within one year 40/41 €7,295 €22,719 +€15,424 +211%
Trade receivables 40 €7,295 €22,719 +€15,424 +211%
Cash at bank and in hand 54/58 €26,771 €51,241 +€24,470 +91.4%
Total equity and liabilities 10/49 €34,156 €77,725 +€43,569 +128%
Equity 10/15 €16,530 €45,211 +€28,681 +174%
Contributions 10/11 €5,000 €5,000 = 0.0%
Contributions outside capital 11 €5,000 - -€5,000
Share premium 1100/10 €5,000 - -€5,000
Profit (loss) carried forward 14 €11,530 €40,211 +€28,681 +249%
Amounts payable 17/49 €17,626 €32,514 +€14,888 +84.5%
Amounts payable within one year 42/48 €17,626 €32,514 +€14,888 +84.5%
Trade debts 44 €6,579 €11,578 +€4,999 +76.0%
Suppliers 440/4 €6,579 €11,578 +€4,999 +76.0%
Taxes, remuneration and social security 45 €10,211 €18,498 +€8,287 +81.2%
Taxes 450/3 €10,211 €18,498 +€8,287 +81.2%
Other amounts payable 47/48 €837 €2,438 +€1,602 +191%
Turnover 70 €78,005 €132,002 +€53,997 +69.2%
Goods, raw materials, services and sundry goods 60/61 €66,904 €90,554 +€23,649 +35.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €35 €1,161 +€1,126 +3,217%
Other operating charges 640/8 €109 €118 +€9 +8.3%
Gross operating margin 9900 €11,465 €41,592 +€30,127 +263%
Operating profit (loss) 9901 €11,321 €40,313 +€28,992 +256%
Financial income 75/76B - €1 +€1
Recurring financial income 75 - €1 +€1
Financial charges 65/66B €153 €153 = 0.0%
Recurring financial charges 65 €153 €153 = 0.0%
Profit (loss) for the period before taxes 9903 €11,168 €40,160 +€28,993 +260%
Income taxes 67/77 €3,433 €11,479 +€8,046 +234%
Profit (loss) for the period 9904 €7,735 €28,681 +€20,946 +271%
Profit (loss) for the period to be appropriated 9905 €7,735 €28,681 +€20,946 +271%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.