Synergies Vector Consulting: 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.
Synergies Vector Consulting
Largest movements
- Cash -€66,619
down €66,619 (-74.0%), from €90,083 to €23,463
mainly Investment in fixed assets (net) (-€58,433) and Receivables within one year (-€39,126)
- Receivables within one year +€39,126
up €39,126 (+140%), from €27,851 to €66,977
of which Trade receivables: +€33,630
- Stocks and contracts +€27,530
up €27,530 (+26.3%), from €104,496 to €132,026
- Tangible fixed assets +€15,307
up €15,307 (+2.8%), from €546,424 to €561,732
of which Plant, machinery and equipment: +€27,587
- Intangible fixed assets +€9,543
up €9,543 (+21.5%), from €44,364 to €53,907
- Reserves +€22,000
up €22,000 (+18.3%), from €120,000 to €142,000
- Tax, wage and social debts -€21,684
down €21,684 (-33.3%), from €65,021 to €43,337
of which Taxes: -€23,786
- Other debts +€9,221
up €9,221 (+6.1%), from €152,410 to €161,631
- Turnover -€425,758
no longer reported in 2024 (was €425,758)
- Purchases and services -€264,660
no longer reported in 2024 (was €264,660)
- Gross operating margin -€47,155
down €47,155 (-27.5%), from €171,612 to €124,457
- Taxes -€15,194
down €15,194 (-61.5%), from €24,698 to €9,504
- Depreciation +€7,967
up €7,967 (+31.1%), from €25,616 to €33,583
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €816,340 | €842,712 | +€26,372 | +3.2% |
| Fixed assets | 21/28 | €590,788 | €615,639 | +€24,851 | +4.2% |
| Intangible fixed assets | 21 | €44,364 | €53,907 | +€9,543 | +21.5% |
| Tangible fixed assets | 22/27 | €546,424 | €561,732 | +€15,307 | +2.8% |
| Land and buildings | 22 | €436,293 | €423,179 | -€13,115 | -3.0% |
| Plant, machinery and equipment | 23 | €106,754 | €134,341 | +€27,587 | +25.8% |
| Furniture and vehicles | 24 | €3,377 | €4,212 | +€835 | +24.7% |
| Current assets | 29/58 | €225,552 | €227,073 | +€1,521 | +0.7% |
| Stocks and contracts in progress | 3 | €104,496 | €132,026 | +€27,530 | +26.3% |
| Stocks | 30/36 | €104,496 | €132,026 | +€27,530 | +26.3% |
| Amounts receivable within one year | 40/41 | €27,851 | €66,977 | +€39,126 | +140% |
| Trade receivables | 40 | €27,851 | €61,481 | +€33,630 | +121% |
| Other amounts receivable | 41 | - | €5,496 | +€5,496 | |
| Cash at bank and in hand | 54/58 | €90,083 | €23,463 | -€66,619 | -74.0% |
| Deferred charges and accrued income | 490/1 | €3,123 | €4,607 | +€1,484 | +47.5% |
| Total equity and liabilities | 10/49 | €816,340 | €842,712 | +€26,372 | +3.2% |
| Equity | 10/15 | €137,484 | €159,604 | +€22,120 | +16.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €120,000 | €142,000 | +€22,000 | +18.3% |
| Distributable reserves | 133 | €120,000 | €142,000 | +€22,000 | +18.3% |
| Profit (loss) carried forward | 14 | €15,984 | €16,104 | +€120 | +0.7% |
| Amounts payable | 17/49 | €678,856 | €683,108 | +€4,252 | +0.6% |
| Amounts payable after more than one year | 17 | €419,282 | €425,689 | +€6,406 | +1.5% |
| Financial debts | 170/4 | €419,282 | €425,689 | +€6,406 | +1.5% |
| Amounts payable within one year | 42/48 | €259,574 | €257,420 | -€2,154 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €31,418 | €33,282 | +€1,864 | +5.9% |
| Financial debts | 43 | €521 | €635 | +€114 | +21.8% |
| Credit institutions | 430/8 | €521 | €635 | +€114 | +21.8% |
| Trade debts | 44 | €10,204 | €18,535 | +€8,331 | +81.6% |
| Suppliers | 440/4 | €10,204 | €18,535 | +€8,331 | +81.6% |
| Taxes, remuneration and social security | 45 | €65,021 | €43,337 | -€21,684 | -33.3% |
| Taxes | 450/3 | €53,187 | €29,401 | -€23,786 | -44.7% |
| Remuneration and social security | 454/9 | €11,834 | €13,936 | +€2,102 | +17.8% |
| Other amounts payable | 47/48 | €152,410 | €161,631 | +€9,221 | +6.1% |
| Turnover | 70 | €425,758 | - | -€425,758 | |
| Non-recurring operating income | 76A | €9 | - | -€9 | |
| Goods, raw materials, services and sundry goods | 60/61 | €264,660 | - | -€264,660 | |
| Remuneration, social security and pensions | 62 | €31,449 | €33,850 | +€2,401 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,616 | €33,583 | +€7,967 | +31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,236 | +€1,236 | |
| Other operating charges | 640/8 | €3,933 | €3,995 | +€62 | +1.6% |
| Non-recurring operating charges | 66A | €8 | €90 | +€81 | +965% |
| Gross operating margin | 9900 | €171,612 | €124,457 | -€47,155 | -27.5% |
| Operating profit (loss) | 9901 | €110,606 | €51,703 | -€58,903 | -53.3% |
| Financial income | 75/76B | €155 | €41 | -€115 | -73.7% |
| Recurring financial income | 75 | €155 | €41 | -€115 | -73.7% |
| Financial charges | 65/66B | €15,267 | €20,120 | +€4,853 | +31.8% |
| Recurring financial charges | 65 | €15,267 | €20,070 | +€4,803 | +31.5% |
| Non-recurring financial charges | 66B | €0 | €50 | +€50 | +499,700% |
| Profit (loss) for the period before taxes | 9903 | €95,494 | €31,624 | -€63,870 | -66.9% |
| Income taxes | 67/77 | €24,698 | €9,504 | -€15,194 | -61.5% |
| Profit (loss) for the period | 9904 | €70,796 | €22,120 | -€48,676 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,796 | €22,120 | -€48,676 | -68.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.