SYNDIC4U: 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.
SYNDIC4U
Largest movements
- Cash -€2,643
down €2,643 (-43.4%), from €6,091 to €3,448
mainly Net result for the year (-€10,769) and Investment in fixed assets (net) (-€2,105)
- Current investments +€1,000
new in 2024: €1,000
- Contributions -€18,600
no longer reported in 2024 (was €18,600)
- Reserves +€18,600
up €18,600 (+771%), from €2,412 to €21,012
of which Distributable reserves: +€18,721
- Profit (loss) carried forward -€10,769
down €10,769, from €6,773 to -€3,996
- Trade debts +€9,911
up €9,911 (+995%), from €996 to €10,907
of which Bills of exchange payable: +€6,720
- Other debts -€805
down €805 (-33.2%), from €2,423 to €1,618
- Gross operating margin -€15,756
down €15,756, from €8,480 to -€7,276
- Other operating charges -€456
down €456 (-25.8%), from €1,765 to €1,309
- Taxes -€310
down €310 (-69.0%), from €449 to €139
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 | €38,348 | €36,538 | -€1,810 | -4.7% |
| Fixed assets | 21/28 | €4,965 | €5,146 | +€181 | +3.6% |
| Tangible fixed assets | 22/27 | €3,027 | €3,208 | +€181 | +6.0% |
| Furniture and vehicles | 24 | €3,027 | €3,208 | +€181 | +6.0% |
| Financial fixed assets | 28 | €1,938 | €1,938 | = | 0.0% |
| Current assets | 29/58 | €33,383 | €31,392 | -€1,991 | -6.0% |
| Amounts receivable within one year | 40/41 | €27,292 | €26,944 | -€348 | -1.3% |
| Trade receivables | 40 | €27,292 | €21,611 | -€5,681 | -20.8% |
| Other amounts receivable | 41 | - | €5,333 | +€5,333 | |
| Current investments | 50/53 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €6,091 | €3,448 | -€2,643 | -43.4% |
| Total equity and liabilities | 10/49 | €38,348 | €36,538 | -€1,810 | -4.7% |
| Equity | 10/15 | €27,785 | €17,016 | -€10,769 | -38.8% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €2,412 | €21,012 | +€18,600 | +771% |
| Non-distributable reserves | 130/1 | €121 | - | -€121 | |
| Legal reserve | 130 | €121 | - | -€121 | |
| Distributable reserves | 133 | €2,291 | €21,012 | +€18,721 | +817% |
| Profit (loss) carried forward | 14 | €6,773 | -€3,996 | -€10,769 | |
| Amounts payable | 17/49 | €10,563 | €19,522 | +€8,959 | +84.8% |
| Amounts payable after more than one year | 17 | €3,472 | €3,472 | = | 0.0% |
| Financial debts | 170/4 | €3,472 | €3,472 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,091 | €16,050 | +€8,959 | +126% |
| Trade debts | 44 | €996 | €10,907 | +€9,911 | +995% |
| Suppliers | 440/4 | €996 | €4,187 | +€3,191 | +320% |
| Bills of exchange payable | 441 | - | €6,720 | +€6,720 | |
| Taxes, remuneration and social security | 45 | €3,672 | €3,525 | -€147 | -4.0% |
| Taxes | 450/3 | €3,672 | €3,525 | -€147 | -4.0% |
| Other amounts payable | 47/48 | €2,423 | €1,618 | -€805 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,951 | €1,924 | -€27 | -1.4% |
| Other operating charges | 640/8 | €1,765 | €1,309 | -€456 | -25.8% |
| Gross operating margin | 9900 | €8,480 | -€7,276 | -€15,756 | |
| Operating profit (loss) | 9901 | €4,764 | -€10,509 | -€15,273 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €165 | €122 | -€43 | -26.1% |
| Recurring financial charges | 65 | €165 | €122 | -€43 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €4,599 | -€10,630 | -€15,229 | |
| Income taxes | 67/77 | €449 | €139 | -€310 | -69.0% |
| Profit (loss) for the period | 9904 | €4,150 | -€10,769 | -€14,919 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,150 | -€10,769 | -€14,919 |
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 22 October 2026 via checked.be.