Synerfab: 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.
What changed
Synerfab
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€29,352
2024 · €37,023-€66,376
Equity
€753,254
2024 · €782,607-€29,352
Cash
€15,349
2024 · €7,453+€7,896
Balance sheet total
€1.7m
2024 · €1.8m-€73,305
Largest movements
Assets
- Receivables within one year -€80,022
down €80,022 (-79.5%), from €100,596 to €20,574
of which Trade receivables: -€41,000
Equity and liabilities
- Reserves -€734,965
no longer reported in 2025 (was €734,965)
- Profit (loss) carried forward +€705,612
up €705,612, from €0 to €705,612
- Other debts -€519,031
down €519,031 (-96.2%), from €539,348 to €20,316
- Debts after one year +€480,467
up €480,467 (+116%), from €413,405 to €893,872
of which Other amounts payable: +€528,500
Income statement
- Services and other goods +€128,627
new in 2025: €128,627
- Turnover +€125,940
new in 2025: €125,940
- Financial income -€75,127
down €75,127 (-89.9%), from €83,585 to €8,458
- Gross operating margin +€13,056
no longer reported in 2025 (was -€13,056)
- Staff costs +€8,639
up €8,639 (+1,196%), from €722 to €9,362
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.
Result 2024
€37,023
Turnover
+€125,940
Other operating income
+€2,880
Services and other goods
-€128,627
Staff costs
-€8,639
Depreciation
+€221
Other operating charges
+€17
Other operating items
+€9,630
Financial income
-€75,127
Financial charges
+€6,720
Taxes
+€611
Result 2025
-€29,352
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
-€473,152
Investment
-€344
Financing
+€481,391
Cash 2024
€7,453
From operations (derived)
-€473,152
Net result for the year
-€29,352
Depreciation
+€39
Receivables within one year
+€80,022
Deferred charges and accrued income
+€1,484
Trade debts
-€5,441
Smaller working-capital items
-€871
Other debts
-€519,031
Investment (derived)
-€344
Investment in fixed assets (net)
-€344
Financing
+€481,391
Debts after one year
+€480,467
Current portion of long-term debt
+€925
Cash 2025
€15,349
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,796,930 | €1,723,625 | -€73,305 | -4.1% |
| Fixed assets | 21/28 | €1,687,397 | €1,687,701 | +€304 | 0.0% |
| Tangible fixed assets | 22/27 | €305,900 | €306,205 | +€304 | +0.1% |
| Land and buildings | 22 | €305,900 | €304,859 | -€1,042 | -0.3% |
| Furniture and vehicles | 24 | - | €1,346 | +€1,346 | |
| Financial fixed assets | 28 | €1,381,497 | €1,381,497 | = | 0.0% |
| Affiliated companies | 280/1 | - | €1,381,497 | +€1.4m | |
| Participating interests | 280 | - | €1,381,497 | +€1.4m | |
| Current assets | 29/58 | €109,533 | €35,923 | -€73,610 | -67.2% |
| Amounts receivable within one year | 40/41 | €100,596 | €20,574 | -€80,022 | -79.5% |
| Trade receivables | 40 | €45,000 | €4,000 | -€41,000 | -91.1% |
| Other amounts receivable | 41 | €55,596 | €16,574 | -€39,022 | -70.2% |
| Cash at bank and in hand | 54/58 | €7,453 | €15,349 | +€7,896 | +106% |
| Deferred charges and accrued income | 490/1 | €1,484 | - | -€1,484 | |
| Total equity and liabilities | 10/49 | €1,796,930 | €1,723,625 | -€73,305 | -4.1% |
| Equity | 10/15 | €782,607 | €753,254 | -€29,352 | -3.8% |
| Contributions | 10/11 | €47,642 | €47,642 | = | 0.0% |
| Reserves | 13 | €734,965 | - | -€734,965 | |
| Distributable reserves | 133 | €734,965 | - | -€734,965 | |
| Profit (loss) carried forward | 14 | €0 | €705,612 | +€705,612 | |
| Amounts payable | 17/49 | €1,014,323 | €970,370 | -€43,953 | -4.3% |
| Amounts payable after more than one year | 17 | €413,405 | €893,872 | +€480,467 | +116% |
| Financial debts | 170/4 | €413,405 | €365,372 | -€48,033 | -11.6% |
| Credit institutions | 173 | - | €187,560 | +€187,560 | |
| Other loans | 174 | - | €177,813 | +€177,813 | |
| Other amounts payable | 178/9 | - | €528,500 | +€528,500 | |
| Amounts payable within one year | 42/48 | €599,918 | €76,498 | -€523,420 | -87.2% |
| Current portion of amounts payable after more than one year | 42 | €47,716 | €48,641 | +€925 | +1.9% |
| Trade debts | 44 | €7,528 | €2,087 | -€5,441 | -72.3% |
| Suppliers | 440/4 | €7,528 | €2,087 | -€5,441 | -72.3% |
| Taxes, remuneration and social security | 45 | €5,325 | €5,454 | +€129 | +2.4% |
| Taxes | 450/3 | €5,325 | €689 | -€4,636 | -87.1% |
| Remuneration and social security | 454/9 | - | €4,764 | +€4,764 | |
| Other amounts payable | 47/48 | €539,348 | €20,316 | -€519,031 | -96.2% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Operating income | 70/76A | - | €128,820 | +€128,820 | |
| Turnover | 70 | - | €125,940 | +€125,940 | |
| Other operating income | 74 | - | €2,880 | +€2,880 | |
| Non-recurring operating income | 76A | €26,062 | - | -€26,062 | |
| Operating charges | 60/66A | - | €143,027 | +€143,027 | |
| Services and other goods | 61 | - | €128,627 | +€128,627 | |
| Remuneration, social security and pensions | 62 | €722 | €9,362 | +€8,639 | +1,196% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260 | €39 | -€221 | -84.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €1,589 | €1,572 | -€17 | -1.0% |
| Non-recurring operating charges | 66A | - | €3,426 | +€3,426 | |
| Gross operating margin | 9900 | -€13,056 | - | +€13,056 | |
| Operating profit (loss) | 9901 | -€15,628 | -€14,207 | +€1,421 | +9.1% |
| Financial income | 75/76B | €83,585 | €8,458 | -€75,127 | -89.9% |
| Recurring financial income | 75 | €83,585 | €8,458 | -€75,127 | -89.9% |
| Income from financial fixed assets | 750 | - | €8,226 | +€8,226 | |
| Income from current assets | 751 | - | €232 | +€232 | |
| Financial charges | 65/66B | €30,323 | €23,603 | -€6,720 | -22.2% |
| Recurring financial charges | 65 | €30,323 | €23,603 | -€6,720 | -22.2% |
| Debt charges | 650 | - | €23,005 | +€23,005 | |
| Other financial charges | 652/9 | - | €598 | +€598 | |
| Profit (loss) for the period before taxes | 9903 | €37,634 | -€29,352 | -€66,986 | |
| Income taxes | 67/77 | €611 | - | -€611 | |
| Profit (loss) for the period | 9904 | €37,023 | -€29,352 | -€66,376 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,023 | -€29,352 | -€66,376 |
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 16 October 2026 via checked.be.