SYNDIPLUS: 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.
SYNDIPLUS
Largest movements
- Cash +€47,395
up €47,395 (+13.2%), from €358,796 to €406,191
mainly Net result for the year (+€30,383) and Depreciation (+€27,380)
- Tangible fixed assets -€27,104
down €27,104 (-40.2%), from €67,460 to €40,355
of which Furniture and vehicles: -€25,742
- Receivables within one year -€5,958
down €5,958 (-8.8%), from €67,604 to €61,646
of which Trade receivables: -€8,087
- Profit (loss) carried forward +€30,383
up €30,383 (+7.7%), from €392,068 to €422,451
- Debts after one year -€15,556
down €15,556 (-48.0%), from €32,407 to €16,852
- Trade debts +€7,395
up €7,395 (+167.8%), from €4,406 to €11,801
- Tax, wage and social debts -€6,241
down €6,241 (-21.5%), from €29,012 to €22,771
of which Taxes: -€6,489
- Financial income -€39,586
down €39,586 (-97.8%), from €40,485 to €899
of which Non-recurring financial income: -€40,000
- Gross operating margin +€20,557
up €20,557 (+15.7%), from €130,804 to €151,361
- Taxes -€7,662
down €7,662 (-38.1%), from €20,114 to €12,452
- Financial charges +€7,203
up €7,203 (+243.6%), from €2,956 to €10,160
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.
Cash bridge derived
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 | €495,206 | €509,891 | +€14,685 | +3.0% |
| Fixed assets | 21/28 | €67,804 | €40,424 | -€27,380 | -40.4% |
| Intangible fixed assets | 21 | €345 | €69 | -€276 | -80.0% |
| Tangible fixed assets | 22/27 | €67,460 | €40,355 | -€27,104 | -40.2% |
| Plant, machinery and equipment | 23 | €4,187 | €2,824 | -€1,362 | -32.5% |
| Furniture and vehicles | 24 | €63,273 | €37,531 | -€25,742 | -40.7% |
| Current assets | 29/58 | €427,401 | €469,467 | +€42,065 | +9.8% |
| Amounts receivable within one year | 40/41 | €67,604 | €61,646 | -€5,958 | -8.8% |
| Trade receivables | 40 | €8,087 | - | -€8,087 | |
| Other amounts receivable | 41 | €59,517 | €61,646 | +€2,128 | +3.6% |
| Cash at bank and in hand | 54/58 | €358,796 | €406,191 | +€47,395 | +13.2% |
| Deferred charges and accrued income | 490/1 | €1,001 | €1,630 | +€629 | +62.9% |
| Total equity and liabilities | 10/49 | €495,206 | €509,891 | +€14,685 | +3.0% |
| Equity | 10/15 | €412,528 | €442,911 | +€30,383 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €392,068 | €422,451 | +€30,383 | +7.7% |
| Amounts payable | 17/49 | €82,677 | €66,980 | -€15,697 | -19.0% |
| Amounts payable after more than one year | 17 | €32,407 | €16,852 | -€15,556 | -48.0% |
| Financial debts | 170/4 | €32,407 | €16,852 | -€15,556 | -48.0% |
| Amounts payable within one year | 42/48 | €50,270 | €50,128 | -€142 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €16,852 | €15,556 | -€1,296 | -7.7% |
| Trade debts | 44 | €4,406 | €11,801 | +€7,395 | +167.8% |
| Suppliers | 440/4 | €4,406 | €11,801 | +€7,395 | +167.8% |
| Taxes, remuneration and social security | 45 | €29,012 | €22,771 | -€6,241 | -21.5% |
| Taxes | 450/3 | €20,137 | €13,648 | -€6,489 | -32.2% |
| Remuneration and social security | 454/9 | €8,875 | €9,124 | +€249 | +2.8% |
| Remuneration, social security and pensions | 62 | €53,938 | €55,187 | +€1,250 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,408 | €27,380 | -€1,028 | -3.6% |
| Other operating charges | 640/8 | €16,659 | €16,698 | +€39 | +0.2% |
| Gross operating margin | 9900 | €130,804 | €151,361 | +€20,557 | +15.7% |
| Operating profit (loss) | 9901 | €31,800 | €52,096 | +€20,296 | +63.8% |
| Financial income | 75/76B | €40,485 | €899 | -€39,586 | -97.8% |
| Recurring financial income | 75 | €485 | €899 | +€414 | +85.3% |
| Non-recurring financial income | 76B | €40,000 | - | -€40,000 | |
| Financial charges | 65/66B | €2,956 | €10,160 | +€7,203 | +243.6% |
| Recurring financial charges | 65 | €2,956 | €10,160 | +€7,203 | +243.6% |
| Profit (loss) for the period before taxes | 9903 | €69,328 | €42,835 | -€26,493 | -38.2% |
| Income taxes | 67/77 | €20,114 | €12,452 | -€7,662 | -38.1% |
| Profit (loss) for the period | 9904 | €49,214 | €30,383 | -€18,831 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,214 | €30,383 | -€18,831 | -38.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.