SyndicBureau: 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.
SyndicBureau
Largest movements
- Intangible fixed assets -€26,824
down €26,824 (-16.6%), from €162,077 to €135,253
- Receivables within one year +€3,497
up €3,497 (+134%), from €2,601 to €6,098
- Tangible fixed assets -€3,210
down €3,210 (-5.8%), from €55,064 to €51,854
of which Land and buildings: -€3,160
- Debts after one year -€14,000
down €14,000 (-13.3%), from €105,000 to €91,000
- Other debts -€13,958
down €13,958 (-14.2%), from €98,344 to €84,386
- Tax, wage and social debts +€2,722
up €2,722 (+53.8%), from €5,059 to €7,781
of which Remuneration and social security: +€2,183
- Gross operating margin +€29,093
up €29,093 (+80.3%), from €36,248 to €65,342
- Staff costs +€18,773
up €18,773 (+6,259%), from €300 to €19,073
- Depreciation +€2,734
up €2,734 (+10.0%), from €27,317 to €30,050
- Other operating charges -€1,214
down €1,214 (-37.4%), from €3,246 to €2,032
- Taxes +€895
up €895 (+19.5%), from €4,583 to €5,478
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 | €231,440 | €206,201 | -€25,238 | -10.9% |
| Formation expenses | 20 | €16 | - | -€16 | |
| Fixed assets | 21/28 | €217,142 | €187,107 | -€30,035 | -13.8% |
| Intangible fixed assets | 21 | €162,077 | €135,253 | -€26,824 | -16.6% |
| Tangible fixed assets | 22/27 | €55,064 | €51,854 | -€3,210 | -5.8% |
| Land and buildings | 22 | €55,014 | €51,854 | -€3,160 | -5.7% |
| Furniture and vehicles | 24 | €50 | - | -€50 | |
| Current assets | 29/58 | €14,282 | €19,094 | +€4,812 | +33.7% |
| Amounts receivable within one year | 40/41 | €2,601 | €6,098 | +€3,497 | +134% |
| Trade receivables | 40 | €2,601 | €6,098 | +€3,497 | +134% |
| Cash at bank and in hand | 54/58 | €11,577 | €12,077 | +€501 | +4.3% |
| Deferred charges and accrued income | 490/1 | €104 | €919 | +€814 | +780% |
| Total equity and liabilities | 10/49 | €231,440 | €206,201 | -€25,238 | -10.9% |
| Equity | 10/15 | -€2,492 | -€2,201 | +€291 | +11.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €419 | €419 | = | 0.0% |
| Distributable reserves | 133 | €419 | €419 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,911 | -€4,621 | +€291 | +5.9% |
| Amounts payable | 17/49 | €233,932 | €208,403 | -€25,529 | -10.9% |
| Amounts payable after more than one year | 17 | €105,000 | €91,000 | -€14,000 | -13.3% |
| Financial debts | 170/4 | €105,000 | €91,000 | -€14,000 | -13.3% |
| Amounts payable within one year | 42/48 | €128,932 | €117,403 | -€11,529 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €14,000 | €14,000 | = | 0.0% |
| Trade debts | 44 | €11,529 | €9,245 | -€2,284 | -19.8% |
| Suppliers | 440/4 | €11,529 | €9,245 | -€2,284 | -19.8% |
| Advances received on contracts in progress | 46 | - | €1,991 | +€1,991 | |
| Taxes, remuneration and social security | 45 | €5,059 | €7,781 | +€2,722 | +53.8% |
| Taxes | 450/3 | €5,059 | €5,598 | +€539 | +10.7% |
| Remuneration and social security | 454/9 | - | €2,183 | +€2,183 | |
| Other amounts payable | 47/48 | €98,344 | €84,386 | -€13,958 | -14.2% |
| Remuneration, social security and pensions | 62 | €300 | €19,073 | +€18,773 | +6,259% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,317 | €30,050 | +€2,734 | +10.0% |
| Other operating charges | 640/8 | €3,246 | €2,032 | -€1,214 | -37.4% |
| Gross operating margin | 9900 | €36,248 | €65,342 | +€29,093 | +80.3% |
| Operating profit (loss) | 9901 | €5,385 | €14,186 | +€8,801 | +163% |
| Financial income | 75/76B | €6 | €38 | +€31 | +498% |
| Recurring financial income | 75 | €6 | €38 | +€31 | +498% |
| Financial charges | 65/66B | €5,720 | €4,955 | -€765 | -13.4% |
| Recurring financial charges | 65 | €5,720 | €4,955 | -€765 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€328 | €9,269 | +€9,597 | |
| Income taxes | 67/77 | €4,583 | €5,478 | +€895 | +19.5% |
| Profit (loss) for the period | 9904 | -€4,911 | €3,791 | +€8,702 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,911 | €3,791 | +€8,702 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.