SynEnergy: 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.
SynEnergy
Largest movements
- Cash +€618,506
up €618,506 (+11.4%), from €5.4m to €6.0m
mainly Net result for the year (+€1.0m) and Tax, wage and social debts (+€284,610)
- Current investments +€180,285
up €180,285 (+6.2%), from €2.9m to €3.1m
- Reserves +€672,334
up €672,334 (+10.4%), from €6.5m to €7.1m
of which Distributable reserves: +€461,834
- Advances received -€329,941
down €329,941 (-32.3%), from €1.0m to €691,696
- Tax, wage and social debts +€284,610
up €284,610, from €0 to €284,610
- Trade debts +€262,651
up €262,651 (+19.7%), from €1.3m to €1.6m
- Other debts -€199,619
down €199,619 (-36.7%), from €544,390 to €344,771
- Gross operating margin +€476,690
up €476,690 (+54.0%), from €882,877 to €1.4m
- Taxes +€175,531
up €175,531 (+62.8%), from €279,673 to €455,204
- Financial income +€84,403
up €84,403 (+129.8%), from €65,011 to €149,414
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 | €9,681,342 | €10,333,877 | +€652,535 | +6.7% |
| Fixed assets | 21/28 | €67,048 | €37,188 | -€29,860 | -44.5% |
| Tangible fixed assets | 22/27 | €67,048 | €37,188 | -€29,860 | -44.5% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €28,888 | €10,233 | -€18,655 | -64.6% |
| Furniture and vehicles | 24 | €38,159 | €26,954 | -€11,205 | -29.4% |
| Current assets | 29/58 | €9,614,294 | €10,296,690 | +€682,395 | +7.1% |
| Stocks and contracts in progress | 3 | €794,094 | €719,159 | -€74,935 | -9.4% |
| Stocks | 30/36 | €794,094 | €719,159 | -€74,935 | -9.4% |
| Amounts receivable within one year | 40/41 | €440,392 | €459,440 | +€19,048 | +4.3% |
| Trade receivables | 40 | €145,822 | €278,606 | +€132,784 | +91.1% |
| Other amounts receivable | 41 | €294,570 | €180,833 | -€113,737 | -38.6% |
| Current investments | 50/53 | €2,905,423 | €3,085,708 | +€180,285 | +6.2% |
| Cash at bank and in hand | 54/58 | €5,403,382 | €6,021,888 | +€618,506 | +11.4% |
| Deferred charges and accrued income | 490/1 | €71,005 | €10,495 | -€60,509 | -85.2% |
| Total equity and liabilities | 10/49 | €9,681,342 | €10,333,877 | +€652,535 | +6.7% |
| Equity | 10/15 | €6,741,209 | €7,413,544 | +€672,334 | +10.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €6,451,352 | €7,123,686 | +€672,334 | +10.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | €210,500 | +€210,500 | |
| Distributable reserves | 133 | €6,451,352 | €6,913,186 | +€461,834 | +7.2% |
| Profit (loss) carried forward | 14 | €271,307 | €271,307 | = | 0.0% |
| Amounts payable | 17/49 | €2,940,133 | €2,920,334 | -€19,799 | -0.7% |
| Amounts payable within one year | 42/48 | €2,940,133 | €2,920,334 | -€19,799 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €37,500 | €0 | -€37,500 | -100.0% |
| Trade debts | 44 | €1,336,606 | €1,599,257 | +€262,651 | +19.7% |
| Suppliers | 440/4 | €1,336,606 | €1,599,257 | +€262,651 | +19.7% |
| Advances received on contracts in progress | 46 | €1,021,637 | €691,696 | -€329,941 | -32.3% |
| Taxes, remuneration and social security | 45 | €0 | €284,610 | +€284,610 | |
| Taxes | 450/3 | €0 | €284,610 | +€284,610 | |
| Other amounts payable | 47/48 | €544,390 | €344,771 | -€199,619 | -36.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,250 | €465 | -€1,785 | -79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,604 | €15,195 | -€10,409 | -40.7% |
| Other operating charges | 640/8 | €6,889 | €3,214 | -€3,675 | -53.3% |
| Gross operating margin | 9900 | €882,877 | €1,359,567 | +€476,690 | +54.0% |
| Operating profit (loss) | 9901 | €848,134 | €1,340,693 | +€492,559 | +58.1% |
| Financial income | 75/76B | €65,011 | €149,414 | +€84,403 | +129.8% |
| Recurring financial income | 75 | €65,011 | €149,414 | +€84,403 | +129.8% |
| Financial charges | 65/66B | €20,957 | €17,797 | -€3,160 | -15.1% |
| Recurring financial charges | 65 | €20,957 | €17,797 | -€3,160 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €892,188 | €1,472,309 | +€580,121 | +65.0% |
| Income taxes | 67/77 | €279,673 | €455,204 | +€175,531 | +62.8% |
| Profit (loss) for the period | 9904 | €612,514 | €1,017,105 | +€404,591 | +66.1% |
| Transfer to tax-exempt reserves | 689 | - | €210,500 | +€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €612,514 | €806,605 | +€194,091 | +31.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.