SYNERGIC: 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.
SYNERGIC
Largest movements
- Tangible fixed assets -€98,586
down €98,586 (-17.9%), from €551,612 to €453,027
of which Leasing and similar rights: -€63,636
- Cash -€34,258
down €34,258 (-78.1%), from €43,869 to €9,610
mainly Trade debts (-€168,784) and Debts after one year (-€60,656)
- Receivables within one year +€29,991
up €29,991 (+17.9%), from €167,879 to €197,869
of which Other amounts receivable: +€97,447
- Stocks and contracts +€12,576
up €12,576 (+22.0%), from €57,121 to €69,698
- Trade debts -€168,784
no longer reported in 2025 (was €168,784)
- Accrued charges and deferred income +€137,504
up €137,504 (+27315.5%), from €503 to €138,007
- Debts after one year -€60,656
down €60,656 (-11.9%), from €511,012 to €450,356
- Gross operating margin -€117,502
down €117,502 (-50.0%), from €234,802 to €117,300
- Staff costs -€79,555
down €79,555 (-70.9%), from €112,248 to €32,693
- Depreciation -€16,577
down €16,577 (-19.8%), from €83,905 to €67,328
- Financial income +€8,940
up €8,940 (+680.6%), from €1,313 to €10,253
- Taxes -€5,282
down €5,282 (-87.1%), from €6,063 to €780
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 | €824,907 | €733,976 | -€90,932 | -11.0% |
| Fixed assets | 21/28 | €555,384 | €456,798 | -€98,586 | -17.8% |
| Tangible fixed assets | 22/27 | €551,612 | €453,027 | -€98,586 | -17.9% |
| Furniture and vehicles | 24 | €9,672 | €6,617 | -€3,055 | -31.6% |
| Leasing and similar rights | 25 | €510,046 | €446,410 | -€63,636 | -12.5% |
| Other tangible fixed assets | 26 | €31,894 | - | -€31,894 | |
| Financial fixed assets | 28 | €3,772 | €3,772 | = | 0.0% |
| Current assets | 29/58 | €269,523 | €277,178 | +€7,654 | +2.8% |
| Stocks and contracts in progress | 3 | €57,121 | €69,698 | +€12,576 | +22.0% |
| Stocks | 30/36 | €57,121 | €69,698 | +€12,576 | +22.0% |
| Amounts receivable within one year | 40/41 | €167,879 | €197,869 | +€29,991 | +17.9% |
| Trade receivables | 40 | €106,159 | €38,702 | -€67,457 | -63.5% |
| Other amounts receivable | 41 | €61,720 | €159,167 | +€97,447 | +157.9% |
| Cash at bank and in hand | 54/58 | €43,869 | €9,610 | -€34,258 | -78.1% |
| Deferred charges and accrued income | 490/1 | €655 | - | -€655 | |
| Total equity and liabilities | 10/49 | €824,907 | €733,976 | -€90,932 | -11.0% |
| Equity | 10/15 | €46,235 | €51,574 | +€5,339 | +11.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,784 | €31,123 | +€5,339 | +20.7% |
| Amounts payable | 17/49 | €778,672 | €682,401 | -€96,271 | -12.4% |
| Amounts payable after more than one year | 17 | €511,012 | €450,356 | -€60,656 | -11.9% |
| Financial debts | 170/4 | €511,012 | €450,356 | -€60,656 | -11.9% |
| Amounts payable within one year | 42/48 | €267,157 | €94,038 | -€173,119 | -64.8% |
| Current portion of amounts payable after more than one year | 42 | €57,123 | €58,700 | +€1,577 | +2.8% |
| Trade debts | 44 | €168,784 | - | -€168,784 | |
| Suppliers | 440/4 | €168,784 | - | -€168,784 | |
| Taxes, remuneration and social security | 45 | €41,250 | €35,338 | -€5,912 | -14.3% |
| Taxes | 450/3 | €10,149 | €6,308 | -€3,841 | -37.8% |
| Remuneration and social security | 454/9 | €31,101 | €29,030 | -€2,071 | -6.7% |
| Accrued charges and deferred income | 492/3 | €503 | €138,007 | +€137,504 | +27315.5% |
| Remuneration, social security and pensions | 62 | €112,248 | €32,693 | -€79,555 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,905 | €67,328 | -€16,577 | -19.8% |
| Other operating charges | 640/8 | €6,377 | €5,261 | -€1,116 | -17.5% |
| Gross operating margin | 9900 | €234,802 | €117,300 | -€117,502 | -50.0% |
| Operating profit (loss) | 9901 | €32,272 | €12,018 | -€20,255 | -62.8% |
| Financial income | 75/76B | €1,313 | €10,253 | +€8,940 | +680.6% |
| Recurring financial income | 75 | €1,313 | €10,253 | +€8,940 | +680.6% |
| Financial charges | 65/66B | €18,405 | €16,151 | -€2,254 | -12.2% |
| Recurring financial charges | 65 | €18,405 | €16,151 | -€2,254 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €15,181 | €6,120 | -€9,061 | -59.7% |
| Income taxes | 67/77 | €6,063 | €780 | -€5,282 | -87.1% |
| Profit (loss) for the period | 9904 | €9,118 | €5,339 | -€3,779 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,118 | €5,339 | -€3,779 | -41.4% |
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 4 October 2026 via checked.be.