SYNECTICS: 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.
SYNECTICS
Largest movements
- Cash +€73,285
up €73,285 (+184.9%), from €39,641 to €112,926
mainly Net result for the year (+€74,271) and Depreciation (+€17,441)
- Receivables within one year -€11,937
down €11,937 (-37.8%), from €31,557 to €19,620
of which Trade receivables: -€6,907
- Tangible fixed assets -€9,310
down €9,310 (-26.7%), from €34,915 to €25,605
of which Furniture and vehicles: -€12,508
- Deferred charges and accrued income +€1,682
up €1,682, from €0 to €1,682
- Reserves +€74,000
up €74,000 (+7034.2%), from €1,052 to €75,052
of which Distributable reserves: +€74,000
- Debts after one year -€25,000
down €25,000 (-33.3%), from €75,000 to €50,000
of which Financial debts: -€75,000
- Trade debts +€2,591
up €2,591 (+59.1%), from €4,382 to €6,973
- Other debts +€2,321
up €2,321 (+35.6%), from €6,528 to €8,850
- Tax, wage and social debts -€1,798
down €1,798 (-9.6%), from €18,634 to €16,836
of which Remuneration and social security: -€6,823
- Gross operating margin +€125,016
up €125,016 (+428.4%), from €29,183 to €154,200
- Taxes +€25,726
up €25,726, from -€128 to €25,598
- Staff costs +€6,183
up €6,183 (+24.0%), from €25,764 to €31,947
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 | €111,841 | €164,261 | +€52,420 | +46.9% |
| Fixed assets | 21/28 | €40,644 | €30,034 | -€10,610 | -26.1% |
| Intangible fixed assets | 21 | €5,639 | €4,339 | -€1,300 | -23.1% |
| Tangible fixed assets | 22/27 | €34,915 | €25,605 | -€9,310 | -26.7% |
| Plant, machinery and equipment | 23 | - | €1,701 | +€1,701 | |
| Furniture and vehicles | 24 | €21,359 | €8,852 | -€12,508 | -58.6% |
| Other tangible fixed assets | 26 | €13,556 | €15,053 | +€1,497 | +11.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €71,198 | €134,227 | +€63,030 | +88.5% |
| Amounts receivable within one year | 40/41 | €31,557 | €19,620 | -€11,937 | -37.8% |
| Trade receivables | 40 | €22,435 | €15,528 | -€6,907 | -30.8% |
| Other amounts receivable | 41 | €9,122 | €4,091 | -€5,031 | -55.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €39,641 | €112,926 | +€73,285 | +184.9% |
| Deferred charges and accrued income | 490/1 | €0 | €1,682 | +€1,682 | |
| Total equity and liabilities | 10/49 | €111,841 | €164,261 | +€52,420 | +46.9% |
| Equity | 10/15 | €7,259 | €81,530 | +€74,271 | +1023.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,052 | €75,052 | +€74,000 | +7034.2% |
| Non-distributable reserves | 130/1 | €1,052 | €1,052 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,052 | €1,052 | = | 0.0% |
| Distributable reserves | 133 | - | €74,000 | +€74,000 | |
| Profit (loss) carried forward | 14 | €7 | €278 | +€271 | +4019.6% |
| Amounts payable | 17/49 | €104,582 | €82,731 | -€21,851 | -20.9% |
| Amounts payable after more than one year | 17 | €75,000 | €50,000 | -€25,000 | -33.3% |
| Financial debts | 170/4 | €75,000 | €0 | -€75,000 | -100.0% |
| Other amounts payable | 178/9 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €29,582 | €32,659 | +€3,077 | +10.4% |
| Financial debts | 43 | €38 | €0 | -€38 | -100.0% |
| Other loans | 439 | €38 | €0 | -€38 | -100.0% |
| Trade debts | 44 | €4,382 | €6,973 | +€2,591 | +59.1% |
| Suppliers | 440/4 | €4,382 | €6,973 | +€2,591 | +59.1% |
| Taxes, remuneration and social security | 45 | €18,634 | €16,836 | -€1,798 | -9.6% |
| Taxes | 450/3 | €11,450 | €16,476 | +€5,026 | +43.9% |
| Remuneration and social security | 454/9 | €7,184 | €361 | -€6,823 | -95.0% |
| Other amounts payable | 47/48 | €6,528 | €8,850 | +€2,321 | +35.6% |
| Accrued charges and deferred income | 492/3 | - | €72 | +€72 | |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €25,764 | €31,947 | +€6,183 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,764 | €17,441 | -€323 | -1.8% |
| Other operating charges | 640/8 | €4,417 | €5,187 | +€769 | +17.4% |
| Gross operating margin | 9900 | €29,183 | €154,200 | +€125,016 | +428.4% |
| Operating profit (loss) | 9901 | -€18,762 | €99,625 | +€118,387 | |
| Financial income | 75/76B | €187 | €598 | +€411 | +220.1% |
| Recurring financial income | 75 | €187 | €598 | +€411 | +220.1% |
| Financial charges | 65/66B | €422 | €354 | -€68 | -16.0% |
| Recurring financial charges | 65 | €422 | €354 | -€68 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,997 | €99,869 | +€118,866 | |
| Income taxes | 67/77 | -€128 | €25,598 | +€25,726 | |
| Profit (loss) for the period | 9904 | -€18,869 | €74,271 | +€93,140 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,869 | €74,271 | +€93,140 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.