SYNDIC R.N.P.: what changed
SYNDIC R.N.P.
Largest movements
- Cash -€40,021
down €40,021 (-23.4%), from €171,115 to €131,094
mainly Tax, wage and social debts (-€28,387) and Receivables within one year (-€7,237)
- Receivables within one year +€7,237
up €7,237 (+20.5%), from €35,372 to €42,609
of which Other amounts receivable: +€11,155
- Tax, wage and social debts -€28,387
down €28,387 (-99.1%), from €28,657 to €270
- Trade debts -€5,412
down €5,412 (-100%), from €5,412 to €0
- Reserves +€2,701
up €2,701 (+2.4%), from €110,918 to €113,619
of which Distributable reserves: +€2,701
- Gross operating margin -€179,631
down €179,631, from €176,593 to -€3,039
- Staff costs -€90,895
down €90,895 (-100%), from €90,895 to €0
- Taxes -€27,689
down €27,689 (-96.5%), from €28,702 to €1,013
- Financial income +€7,032
up €7,032 (+2,092%), from €336 to €7,368
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €206,656 | €175,592 | -€31,065 | -15.0% |
| Current assets | 29/58 | €206,656 | €175,592 | -€31,065 | -15.0% |
| Amounts receivable within one year | 40/41 | €35,372 | €42,609 | +€7,237 | +20.5% |
| Trade receivables | 40 | €4,882 | €964 | -€3,917 | -80.2% |
| Other amounts receivable | 41 | €30,490 | €41,645 | +€11,155 | +36.6% |
| Cash at bank and in hand | 54/58 | €171,115 | €131,094 | -€40,021 | -23.4% |
| Deferred charges and accrued income | 490/1 | €169 | €1,888 | +€1,719 | +1,019% |
| Total equity and liabilities | 10/49 | €206,656 | €175,592 | -€31,065 | -15.0% |
| Equity | 10/15 | €155,355 | €158,057 | +€2,701 | +1.7% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €110,918 | €113,619 | +€2,701 | +2.4% |
| 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 | €109,058 | €111,759 | +€2,701 | +2.5% |
| Profit (loss) carried forward | 14 | €38,137 | €38,137 | = | 0.0% |
| Amounts payable | 17/49 | €51,301 | €17,535 | -€33,766 | -65.8% |
| Amounts payable within one year | 42/48 | €51,301 | €17,535 | -€33,766 | -65.8% |
| Trade debts | 44 | €5,412 | €0 | -€5,412 | -100% |
| Bills of exchange payable | 441 | €5,412 | €0 | -€5,412 | -100% |
| Advances received on contracts in progress | 46 | €547 | €0 | -€547 | -100% |
| Taxes, remuneration and social security | 45 | €28,657 | €270 | -€28,387 | -99.1% |
| Taxes | 450/3 | €28,657 | €270 | -€28,387 | -99.1% |
| Other amounts payable | 47/48 | €16,686 | €17,265 | +€579 | +3.5% |
| Remuneration, social security and pensions | 62 | €90,895 | €0 | -€90,895 | -100% |
| Other operating charges | 640/8 | €687 | €591 | -€96 | -14.0% |
| Gross operating margin | 9900 | €176,593 | -€3,039 | -€179,631 | |
| Operating profit (loss) | 9901 | €85,011 | -€3,629 | -€88,640 | |
| Financial income | 75/76B | €336 | €7,368 | +€7,032 | +2,092% |
| Recurring financial income | 75 | €336 | €7,368 | +€7,032 | +2,092% |
| Financial charges | 65/66B | €205 | €24 | -€181 | -88.3% |
| Recurring financial charges | 65 | €205 | €24 | -€181 | -88.3% |
| Profit (loss) for the period before taxes | 9903 | €85,142 | €3,715 | -€81,428 | -95.6% |
| Income taxes | 67/77 | €28,702 | €1,013 | -€27,689 | -96.5% |
| Profit (loss) for the period | 9904 | €56,440 | €2,701 | -€53,739 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,440 | €2,701 | -€53,739 | -95.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.