SYNDAS: 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.
SYNDAS
Largest movements
- Tangible fixed assets -€10,166
down €10,166 (-42.3%), from €24,011 to €13,845
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€10,811
down €10,811 (-48.5%), from €22,288 to €11,477
- Staff costs -€7,886
down €7,886 (-94.5%), from €8,344 to €457
- Depreciation +€3,676
up €3,676 (+56.7%), from €6,489 to €10,166
- Financial income +€999
up €999 (+16.8%), from €5,940 to €6,938
- Taxes -€604
down €604 (-23.4%), from €2,586 to €1,982
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 | €586,256 | €581,455 | -€4,801 | -0.8% |
| Fixed assets | 21/28 | €24,011 | €13,845 | -€10,166 | -42.3% |
| Tangible fixed assets | 22/27 | €24,011 | €13,845 | -€10,166 | -42.3% |
| Furniture and vehicles | 24 | €24,011 | €13,845 | -€10,166 | -42.3% |
| Current assets | 29/58 | €562,245 | €567,610 | +€5,365 | +1.0% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €521,063 | €524,992 | +€3,929 | +0.8% |
| Other amounts receivable | 41 | €521,063 | €524,992 | +€3,929 | +0.8% |
| Cash at bank and in hand | 54/58 | €185 | €321 | +€136 | +73.3% |
| Deferred charges and accrued income | 490/1 | €997 | €2,297 | +€1,300 | +130.4% |
| Total equity and liabilities | 10/49 | €586,256 | €581,455 | -€4,801 | -0.8% |
| Equity | 10/15 | €556,773 | €552,159 | -€4,614 | -0.8% |
| Contributions | 10/11 | €19,100 | €19,100 | = | 0.0% |
| Reserves | 13 | €247,400 | €247,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €244,300 | €244,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €290,273 | €285,659 | -€4,614 | -1.6% |
| Amounts payable | 17/49 | €29,483 | €29,296 | -€187 | -0.6% |
| Amounts payable within one year | 42/48 | €29,483 | €29,296 | -€187 | -0.6% |
| Financial debts | 43 | - | €440 | +€440 | |
| Credit institutions | 430/8 | - | €440 | +€440 | |
| Trade debts | 44 | €14,108 | €13,359 | -€749 | -5.3% |
| Suppliers | 440/4 | €14,108 | €13,359 | -€749 | -5.3% |
| Taxes, remuneration and social security | 45 | €15,374 | €15,496 | +€122 | +0.8% |
| Taxes | 450/3 | €13,440 | €15,422 | +€1,982 | +14.7% |
| Remuneration and social security | 454/9 | €1,935 | €75 | -€1,860 | -96.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €11,491 | €0 | -€11,491 | -100.0% |
| Remuneration, social security and pensions | 62 | €8,344 | €457 | -€7,886 | -94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,489 | €10,166 | +€3,676 | +56.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €9,698 | €10,159 | +€462 | +4.8% |
| Gross operating margin | 9900 | €22,288 | €11,477 | -€10,811 | -48.5% |
| Operating profit (loss) | 9901 | -€2,243 | -€9,306 | -€7,063 | -314.8% |
| Financial income | 75/76B | €5,940 | €6,938 | +€999 | +16.8% |
| Recurring financial income | 75 | €5,940 | €6,938 | +€999 | +16.8% |
| Financial charges | 65/66B | €254 | €265 | +€11 | +4.2% |
| Recurring financial charges | 65 | €254 | €265 | +€11 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €3,442 | -€2,632 | -€6,074 | |
| Income taxes | 67/77 | €2,586 | €1,982 | -€604 | -23.4% |
| Profit (loss) for the period | 9904 | €856 | -€4,614 | -€5,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €856 | -€4,614 | -€5,471 |
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 4 October 2026 via checked.be.