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SYNERCHANGE: 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.

What changed

SYNERCHANGE

BE 0837.503.344
NACE 85.592, Vocational training
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€7,388
2024 · €2,204+€5,184
Equity
€9,078
2024 · €1,690+€7,388
Cash
€41,220
2024 · €29,374+€11,846
Balance sheet total
€56,164
2024 · €44,147+€12,016

Largest movements

2024 to 2025
Assets
  • Cash +€11,846

    up €11,846 (+40.3%), from €29,374 to €41,220

    mainly Other debts (+€8,506) and Net result for the year (+€7,388)

  • Receivables within one year +€6,851

    up €6,851 (+353.6%), from €1,938 to €8,788

    of which Trade receivables: +€6,851

  • Tangible fixed assets -€6,361

    down €6,361 (-50.8%), from €12,516 to €6,155

    of which Furniture and vehicles: -€5,988

Equity and liabilities
  • Other debts +€8,506

    up €8,506 (+27.6%), from €30,820 to €39,326

  • Profit (loss) carried forward +€7,388

    up €7,388 (+40.0%), from -€18,460 to -€11,072

  • Debts after one year -€3,561

    down €3,561 (-58.5%), from €6,086 to €2,525

  • Trade debts -€1,011

    no longer reported in 2025 (was €1,011)

Income statement
  • Gross operating margin +€5,092

    up €5,092 (+49.6%), from €10,267 to €15,359

  • Taxes -€155

    down €155 (-53.1%), from €291 to €137

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €2,204
Gross operating margin +€5,092
Other operating charges -€3
Financial income -€0
Financial charges -€59
Taxes +€155
Result 2025 €7,388

Cash bridge derived

cash 2024 to 2025

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.

From operations +€15,152
Investment €0
Financing -€3,305
Cash 2024 €29,374
Net result for the year +€7,388
Depreciation +€6,361
Receivables within one year -€6,851
Deferred charges and accrued income +€320
Trade debts -€1,011
Tax, wage and social debts +€438
Other debts +€8,506
Debts after one year -€3,561
Current portion of long-term debt +€255
Cash 2025 €41,220
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €44,147 €56,164 +€12,016 +27.2%
Fixed assets 21/28 €12,516 €6,155 -€6,361 -50.8%
Tangible fixed assets 22/27 €12,516 €6,155 -€6,361 -50.8%
Plant, machinery and equipment 23 €1,952 €1,579 -€373 -19.1%
Furniture and vehicles 24 €10,564 €4,576 -€5,988 -56.7%
Current assets 29/58 €31,631 €50,009 +€18,378 +58.1%
Amounts receivable within one year 40/41 €1,938 €8,788 +€6,851 +353.6%
Trade receivables 40 €1,037 €7,888 +€6,851 +660.8%
Other amounts receivable 41 €901 €901 = 0.0%
Cash at bank and in hand 54/58 €29,374 €41,220 +€11,846 +40.3%
Deferred charges and accrued income 490/1 €320 - -€320
Total equity and liabilities 10/49 €44,147 €56,164 +€12,016 +27.2%
Equity 10/15 €1,690 €9,078 +€7,388 +437.2%
Contributions 10/11 €20,150 €20,150 = 0.0%
Outside capital 11 €20,150 €20,150 = 0.0%
Other 1109/19 €20,150 €20,150 = 0.0%
Profit (loss) carried forward 14 -€18,460 -€11,072 +€7,388 +40.0%
Amounts payable 17/49 €42,457 €47,085 +€4,628 +10.9%
Amounts payable after more than one year 17 €6,086 €2,525 -€3,561 -58.5%
Financial debts 170/4 €6,086 €2,525 -€3,561 -58.5%
Amounts payable within one year 42/48 €36,371 €44,560 +€8,189 +22.5%
Current portion of amounts payable after more than one year 42 €3,305 €3,561 +€255 +7.7%
Trade debts 44 €1,011 - -€1,011
Suppliers 440/4 €1,011 - -€1,011
Taxes, remuneration and social security 45 €1,235 €1,673 +€438 +35.5%
Taxes 450/3 €1,235 €1,673 +€438 +35.5%
Other amounts payable 47/48 €30,820 €39,326 +€8,506 +27.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,361 €6,361 = 0.0%
Other operating charges 640/8 €430 €433 +€3 +0.7%
Gross operating margin 9900 €10,267 €15,359 +€5,092 +49.6%
Operating profit (loss) 9901 €3,476 €8,565 +€5,089 +146.4%
Financial income 75/76B €0 - -€0
Recurring financial income 75 €0 - -€0
Financial charges 65/66B €980 €1,039 +€59 +6.1%
Recurring financial charges 65 €980 €1,039 +€59 +6.1%
Profit (loss) for the period before taxes 9903 €2,496 €7,525 +€5,029 +201.5%
Income taxes 67/77 €291 €137 -€155 -53.1%
Profit (loss) for the period 9904 €2,204 €7,388 +€5,184 +235.2%
Profit (loss) for the period to be appropriated 9905 €2,204 €7,388 +€5,184 +235.2%

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 8 October 2026 via checked.be.