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 +€40,810
up €40,810 (+20.4%), from €200,523 to €241,333
mainly Other debts (+€241,531) and Net result for the year (+€36,095)
- Tangible fixed assets -€19,000
down €19,000 (-33.2%), from €57,208 to €38,208
- Receivables within one year +€3,051
up €3,051, from €0 to €3,051
of which Other amounts receivable: +€3,051
- Other debts +€241,531
up €241,531 (+1,402%), from €17,227 to €258,758
- Reserves -€204,990
down €204,990 (-100%), from €204,990 to €0
- Tax, wage and social debts -€28,457
down €28,457 (-100%), from €28,457 to €0
- Trade debts +€17,298
up €17,298 (+214%), from €8,069 to €25,367
- Gross operating margin -€33,511
down €33,511 (-33.6%), from €99,860 to €66,349
- Taxes -€4,129
down €4,129 (-25.0%), from €16,536 to €12,407
- Financial income +€1,927
up €1,927 (+121%), from €1,590 to €3,516
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,195 | €291,653 | +€25,458 | +9.6% |
| Fixed assets | 21/28 | €62,793 | €42,778 | -€20,015 | -31.9% |
| Intangible fixed assets | 21 | €5,580 | €4,565 | -€1,015 | -18.2% |
| Tangible fixed assets | 22/27 | €57,208 | €38,208 | -€19,000 | -33.2% |
| Furniture and vehicles | 24 | €57,208 | €38,208 | -€19,000 | -33.2% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €203,401 | €248,875 | +€45,473 | +22.4% |
| Amounts receivable within one year | 40/41 | €0 | €3,051 | +€3,051 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €3,051 | +€3,051 | |
| Cash at bank and in hand | 54/58 | €200,523 | €241,333 | +€40,810 | +20.4% |
| Deferred charges and accrued income | 490/1 | €2,879 | €4,491 | +€1,612 | +56.0% |
| Total equity and liabilities | 10/49 | €266,195 | €291,653 | +€25,458 | +9.6% |
| Equity | 10/15 | €210,990 | €6,000 | -€204,990 | -97.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €204,990 | €0 | -€204,990 | -100% |
| Distributable reserves | 133 | €204,990 | €0 | -€204,990 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,205 | €285,653 | +€230,448 | +417% |
| Amounts payable within one year | 42/48 | €53,752 | €284,125 | +€230,372 | +429% |
| Trade debts | 44 | €8,069 | €25,367 | +€17,298 | +214% |
| Suppliers | 440/4 | €8,069 | €25,367 | +€17,298 | +214% |
| Taxes, remuneration and social security | 45 | €28,457 | €0 | -€28,457 | -100% |
| Taxes | 450/3 | €28,457 | €0 | -€28,457 | -100% |
| Other amounts payable | 47/48 | €17,227 | €258,758 | +€241,531 | +1,402% |
| Accrued charges and deferred income | 492/3 | €1,452 | €1,528 | +€76 | +5.2% |
| Remuneration, social security and pensions | 62 | €990 | €0 | -€990 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,015 | €20,015 | = | 0.0% |
| Other operating charges | 640/8 | €849 | €1,168 | +€319 | +37.6% |
| Gross operating margin | 9900 | €99,860 | €66,349 | -€33,511 | -33.6% |
| Operating profit (loss) | 9901 | €78,006 | €45,166 | -€32,840 | -42.1% |
| Financial income | 75/76B | €1,590 | €3,516 | +€1,927 | +121% |
| Recurring financial income | 75 | €1,590 | €3,516 | +€1,927 | +121% |
| Financial charges | 65/66B | €356 | €180 | -€175 | -49.3% |
| Recurring financial charges | 65 | €356 | €180 | -€175 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | €79,240 | €48,502 | -€30,738 | -38.8% |
| Income taxes | 67/77 | €16,536 | €12,407 | -€4,129 | -25.0% |
| Profit (loss) for the period | 9904 | €62,704 | €36,095 | -€26,609 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,704 | €36,095 | -€26,609 | -42.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.