SYNDUCTIS: 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.
SYNDUCTIS
Largest movements
- Intangible fixed assets +€267,461
up €267,461 (+36.6%), from €730,220 to €997,681
- Receivables within one year -€105,066
down €105,066 (-13.6%), from €772,845 to €667,779
of which Trade receivables: -€105,734
- Deferred charges and accrued income +€32,582
up €32,582 (+52.9%), from €61,545 to €94,127
- Other debts +€321,307
up €321,307 (+29.9%), from €1.1m to €1.4m
- Trade debts -€118,739
down €118,739 (-25.4%), from €467,371 to €348,632
- Services and other goods +€311,108
up €311,108 (+13.8%), from €2.2m to €2.6m
- Turnover +€196,302
up €196,302 (+7.2%), from €2.7m to €2.9m
- Depreciation -€98,554
down €98,554 (-23.4%), from €421,554 to €323,000
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,572,310 | €1,767,288 | +€194,977 | +12.4% |
| Fixed assets | 21/28 | €737,920 | €1,005,381 | +€267,461 | +36.2% |
| Intangible fixed assets | 21 | €730,220 | €997,681 | +€267,461 | +36.6% |
| Financial fixed assets | 28 | €7,700 | €7,700 | = | 0.0% |
| Other financial fixed assets | 284/8 | €7,700 | €7,700 | = | 0.0% |
| Shares | 284 | €7,700 | €7,700 | = | 0.0% |
| Current assets | 29/58 | €834,390 | €761,906 | -€72,484 | -8.7% |
| Amounts receivable within one year | 40/41 | €772,845 | €667,779 | -€105,066 | -13.6% |
| Trade receivables | 40 | €772,845 | €667,111 | -€105,734 | -13.7% |
| Other amounts receivable | 41 | - | €668 | +€668 | |
| Deferred charges and accrued income | 490/1 | €61,545 | €94,127 | +€32,582 | +52.9% |
| Total equity and liabilities | 10/49 | €1,572,310 | €1,767,288 | +€194,977 | +12.4% |
| Equity | 10/15 | €21,700 | €21,700 | = | 0.0% |
| Contributions | 10/11 | €21,700 | €21,700 | = | 0.0% |
| Amounts payable | 17/49 | €1,550,610 | €1,745,588 | +€194,977 | +12.6% |
| Amounts payable within one year | 42/48 | €1,550,610 | €1,745,588 | +€194,977 | +12.6% |
| Trade debts | 44 | €467,371 | €348,632 | -€118,739 | -25.4% |
| Suppliers | 440/4 | €467,371 | €348,632 | -€118,739 | -25.4% |
| Taxes, remuneration and social security | 45 | €9,302 | €1,711 | -€7,591 | -81.6% |
| Taxes | 450/3 | €9,302 | €1,711 | -€7,591 | -81.6% |
| Other amounts payable | 47/48 | €1,073,938 | €1,395,245 | +€321,307 | +29.9% |
| Operating income | 70/76A | €2,709,578 | €2,905,880 | +€196,302 | +7.2% |
| Turnover | 70 | €2,709,578 | €2,905,880 | +€196,302 | +7.2% |
| Operating charges | 60/66A | €2,670,507 | €2,883,091 | +€212,583 | +8.0% |
| Services and other goods | 61 | €2,248,738 | €2,559,847 | +€311,108 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €421,554 | €323,000 | -€98,554 | -23.4% |
| Other operating charges | 640/8 | €216 | €244 | +€29 | +13.3% |
| Operating profit (loss) | 9901 | €39,071 | €22,789 | -€16,281 | -41.7% |
| Financial charges | 65/66B | €39,065 | €22,789 | -€16,276 | -41.7% |
| Recurring financial charges | 65 | €39,065 | €22,789 | -€16,276 | -41.7% |
| Debt charges | 650 | €38,965 | €22,689 | -€16,276 | -41.8% |
| Other financial charges | 652/9 | €100 | €100 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6 | €0 | -€6 | -100% |
| Income taxes | 67/77 | €6 | - | -€6 | |
| Taxes | 670/3 | €6 | - | -€6 | |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
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 21 October 2026 via checked.be.