SYNERGEIA: 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.
SYNERGEIA
Largest movements
- Tangible fixed assets -€10,117
down €10,117 (-18.2%), from €55,543 to €45,426
of which Land and buildings: -€5,600
- Receivables within one year -€7,031
down €7,031 (-10.7%), from €65,734 to €58,703
of which Other amounts receivable: -€6,465
- Cash -€4,557
down €4,557 (-5.4%), from €84,057 to €79,499
mainly Net result for the year (-€24,222) and Other debts (-€75)
- Reserves -€24,222
down €24,222 (-19.4%), from €125,128 to €100,906
of which Distributable reserves: -€24,222
- Gross operating margin -€17,409
down €17,409, from €6,917 to -€10,492
- Write-downs -€3,083
down €3,083 (-100%), from €3,083 to €0
- Other operating charges +€2,083
up €2,083 (+178%), from €1,172 to €3,255
- Depreciation -€1,097
down €1,097 (-9.8%), from €11,214 to €10,117
- Financial charges -€189
down €189 (-34.3%), from €550 to €361
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
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 | €213,010 | €191,185 | -€21,824 | -10.2% |
| Fixed assets | 21/28 | €55,908 | €45,791 | -€10,117 | -18.1% |
| Tangible fixed assets | 22/27 | €55,543 | €45,426 | -€10,117 | -18.2% |
| Land and buildings | 22 | €28,000 | €22,400 | -€5,600 | -20.0% |
| Furniture and vehicles | 24 | €595 | €289 | -€306 | -51.4% |
| Other tangible fixed assets | 26 | €26,948 | €22,737 | -€4,211 | -15.6% |
| Financial fixed assets | 28 | €365 | €365 | = | 0.0% |
| Current assets | 29/58 | €157,102 | €145,395 | -€11,707 | -7.5% |
| Stocks and contracts in progress | 3 | €7,193 | €7,193 | = | 0.0% |
| Stocks | 30/36 | €7,193 | €7,193 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €65,734 | €58,703 | -€7,031 | -10.7% |
| Trade receivables | 40 | €28,734 | €28,168 | -€567 | -2.0% |
| Other amounts receivable | 41 | €37,000 | €30,535 | -€6,465 | -17.5% |
| Cash at bank and in hand | 54/58 | €84,057 | €79,499 | -€4,557 | -5.4% |
| Deferred charges and accrued income | 490/1 | €119 | €0 | -€119 | -100% |
| Total equity and liabilities | 10/49 | €213,010 | €191,185 | -€21,824 | -10.2% |
| Equity | 10/15 | €143,828 | €119,606 | -€24,222 | -16.8% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €125,128 | €100,906 | -€24,222 | -19.4% |
| Non-distributable reserves | 130/1 | €1,870 | €1,870 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,870 | €1,870 | = | 0.0% |
| Distributable reserves | 133 | €123,258 | €99,036 | -€24,222 | -19.7% |
| Amounts payable | 17/49 | €69,182 | €71,579 | +€2,397 | +3.5% |
| Amounts payable after more than one year | 17 | €18,800 | €18,800 | = | 0.0% |
| Financial debts | 170/4 | €18,800 | €18,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €50,382 | €52,779 | +€2,397 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €1,264 | +€1,264 | |
| Credit institutions | 430/8 | - | €1,264 | +€1,264 | |
| Trade debts | 44 | €2,573 | €3,781 | +€1,208 | +47.0% |
| Suppliers | 440/4 | €2,573 | €3,781 | +€1,208 | +47.0% |
| Taxes, remuneration and social security | 45 | €1,172 | €1,172 | = | 0.0% |
| Taxes | 450/3 | €1,172 | €1,172 | = | 0.0% |
| Other amounts payable | 47/48 | €46,637 | €46,562 | -€75 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,214 | €10,117 | -€1,097 | -9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,083 | €0 | -€3,083 | -100% |
| Other operating charges | 640/8 | €1,172 | €3,255 | +€2,083 | +178% |
| Gross operating margin | 9900 | €6,917 | -€10,492 | -€17,409 | |
| Operating profit (loss) | 9901 | -€8,551 | -€23,864 | -€15,313 | -179% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €550 | €361 | -€189 | -34.3% |
| Recurring financial charges | 65 | €550 | €361 | -€189 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,101 | -€24,220 | -€15,119 | -166% |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€9,101 | -€24,222 | -€15,120 | -166% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,101 | -€24,222 | -€15,120 | -166% |
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.