SYNCTEL: 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.
SYNCTEL
Largest movements
- Receivables within one year +€18,727
up €18,727 (+34.1%), from €54,907 to €73,634
of which Trade receivables: +€18,969
- Cash +€3,448
up €3,448 (+685%), from €503 to €3,951
mainly Other debts (+€18,149) and Tax, wage and social debts (+€12,301)
- Deferred charges and accrued income -€2,239
down €2,239 (-12.6%), from €17,739 to €15,500
- Other debts +€18,149
up €18,149 (+116%), from €15,629 to €33,778
- Profit (loss) carried forward -€14,587
down €14,587 (-18.9%), from -€77,102 to -€91,689
- Tax, wage and social debts +€12,301
up €12,301 (+32.0%), from €38,398 to €50,699
of which Taxes: +€18,127
- Trade debts +€4,467
up €4,467 (+14.2%), from €31,542 to €36,009
- Taxes +€22,510
up €22,510, from €0 to €22,510
- Gross operating margin +€13,149
up €13,149 (+9.0%), from €145,630 to €158,779
- Staff costs -€2,181
down €2,181 (-1.5%), from €145,782 to €143,601
- Other operating charges -€1,952
down €1,952 (-83.4%), from €2,340 to €387
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.
Derived cash bridge
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 | €89,952 | €110,436 | +€20,484 | +22.8% |
| Fixed assets | 21/28 | €16,803 | €17,350 | +€547 | +3.3% |
| Intangible fixed assets | 21 | €47 | €0 | -€47 | -100% |
| Tangible fixed assets | 22/27 | €10,706 | €11,300 | +€594 | +5.5% |
| Plant, machinery and equipment | 23 | €0 | €2,922 | +€2,922 | |
| Furniture and vehicles | 24 | €10,706 | €8,379 | -€2,327 | -21.7% |
| Financial fixed assets | 28 | €6,050 | €6,050 | = | 0.0% |
| Current assets | 29/58 | €73,149 | €93,085 | +€19,936 | +27.3% |
| Amounts receivable within one year | 40/41 | €54,907 | €73,634 | +€18,727 | +34.1% |
| Trade receivables | 40 | €54,328 | €73,297 | +€18,969 | +34.9% |
| Other amounts receivable | 41 | €578 | €337 | -€241 | -41.7% |
| Cash at bank and in hand | 54/58 | €503 | €3,951 | +€3,448 | +685% |
| Deferred charges and accrued income | 490/1 | €17,739 | €15,500 | -€2,239 | -12.6% |
| Total equity and liabilities | 10/49 | €89,952 | €110,436 | +€20,484 | +22.8% |
| Equity | 10/15 | -€17,741 | -€32,328 | -€14,587 | -82.2% |
| Contributions | 10/11 | €45,800 | €45,800 | = | 0.0% |
| Reserves | 13 | €13,562 | €13,562 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,562 | €13,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,102 | -€91,689 | -€14,587 | -18.9% |
| Amounts payable | 17/49 | €107,693 | €142,763 | +€35,071 | +32.6% |
| Amounts payable within one year | 42/48 | €107,693 | €142,763 | +€35,071 | +32.6% |
| Financial debts | 43 | €22,124 | €22,277 | +€153 | +0.7% |
| Credit institutions | 430/8 | €22,124 | €22,277 | +€153 | +0.7% |
| Trade debts | 44 | €31,542 | €36,009 | +€4,467 | +14.2% |
| Suppliers | 440/4 | €31,542 | €36,009 | +€4,467 | +14.2% |
| Taxes, remuneration and social security | 45 | €38,398 | €50,699 | +€12,301 | +32.0% |
| Taxes | 450/3 | €16,884 | €35,011 | +€18,127 | +107% |
| Remuneration and social security | 454/9 | €21,513 | €15,687 | -€5,826 | -27.1% |
| Other amounts payable | 47/48 | €15,629 | €33,778 | +€18,149 | +116% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €145,782 | €143,601 | -€2,181 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,395 | €3,095 | +€701 | +29.3% |
| Other operating charges | 640/8 | €2,340 | €387 | -€1,952 | -83.4% |
| Gross operating margin | 9900 | €145,630 | €158,779 | +€13,149 | +9.0% |
| Operating profit (loss) | 9901 | -€4,886 | €11,696 | +€16,582 | |
| Financial income | 75/76B | €25 | €77 | +€52 | +204% |
| Recurring financial income | 75 | €25 | €77 | +€52 | +204% |
| Financial charges | 65/66B | €4,487 | €3,850 | -€637 | -14.2% |
| Recurring financial charges | 65 | €4,487 | €3,850 | -€637 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,347 | €7,923 | +€17,271 | |
| Income taxes | 67/77 | €0 | €22,510 | +€22,510 | |
| Profit (loss) for the period | 9904 | -€9,347 | -€14,587 | -€5,240 | -56.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,347 | -€14,587 | -€5,240 | -56.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.