SYNERGO: 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.
SYNERGO
Largest movements
- Current investments -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Cash +€95,969
up €95,969 (+253%), from €37,981 to €133,950
mainly Current investments (+€100,000) and Depreciation (+€63,501)
- Tangible fixed assets -€63,501
down €63,501 (-8.4%), from €753,165 to €689,664
of which Land and buildings: -€62,706
- Receivables within one year +€15,657
up €15,657 (+26.5%), from €59,109 to €74,766
of which Other amounts receivable: +€15,826
- Profit (loss) carried forward -€65,873
down €65,873 (-2.8%), from -€2.3m to -€2.4m
- Depreciation +€27,076
up €27,076 (+74.3%), from €36,425 to €63,501
- Gross operating margin -€21,970
down €21,970, from €21,891 to -€79
- Staff costs -€11,904
down €11,904 (-100.0%), from €11,906 to €2
- Financial income -€7,464
down €7,464 (-55.3%), from €13,501 to €6,037
- Other operating charges -€613
down €613 (-7.0%), from €8,765 to €8,152
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 | €1,162,340 | €1,100,294 | -€62,046 | -5.3% |
| Fixed assets | 21/28 | €753,462 | €689,961 | -€63,501 | -8.4% |
| Tangible fixed assets | 22/27 | €753,165 | €689,664 | -€63,501 | -8.4% |
| Land and buildings | 22 | €751,972 | €689,266 | -€62,706 | -8.3% |
| Plant, machinery and equipment | 23 | €1,193 | €398 | -€796 | -66.7% |
| Financial fixed assets | 28 | €297 | €297 | = | 0.0% |
| Current assets | 29/58 | €408,877 | €410,333 | +€1,456 | +0.4% |
| Amounts receivable within one year | 40/41 | €59,109 | €74,766 | +€15,657 | +26.5% |
| Trade receivables | 40 | €5,686 | €5,518 | -€169 | -3.0% |
| Other amounts receivable | 41 | €53,422 | €69,248 | +€15,826 | +29.6% |
| Current investments | 50/53 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €37,981 | €133,950 | +€95,969 | +253% |
| Deferred charges and accrued income | 490/1 | €11,788 | €1,617 | -€10,171 | -86.3% |
| Total equity and liabilities | 10/49 | €1,162,340 | €1,100,294 | -€62,046 | -5.3% |
| Equity | 10/15 | €1,160,689 | €1,094,816 | -€65,873 | -5.7% |
| Contributions | 10/11 | €3,509,000 | €3,509,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,348,311 | -€2,414,184 | -€65,873 | -2.8% |
| Amounts payable | 17/49 | €1,651 | €5,479 | +€3,828 | +232% |
| Amounts payable within one year | 42/48 | €1,651 | €5,479 | +€3,828 | +232% |
| Trade debts | 44 | €274 | €5,394 | +€5,119 | +1,865% |
| Suppliers | 440/4 | €274 | €5,394 | +€5,119 | +1,865% |
| Taxes, remuneration and social security | 45 | €1,376 | €85 | -€1,292 | -93.8% |
| Taxes | 450/3 | €408 | €85 | -€323 | -79.2% |
| Remuneration and social security | 454/9 | €969 | - | -€969 | |
| Remuneration, social security and pensions | 62 | €11,906 | €2 | -€11,904 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,425 | €63,501 | +€27,076 | +74.3% |
| Other operating charges | 640/8 | €8,765 | €8,152 | -€613 | -7.0% |
| Gross operating margin | 9900 | €21,891 | -€79 | -€21,970 | |
| Operating profit (loss) | 9901 | -€35,205 | -€71,735 | -€36,530 | -104% |
| Financial income | 75/76B | €13,501 | €6,037 | -€7,464 | -55.3% |
| Recurring financial income | 75 | €13,501 | €6,037 | -€7,464 | -55.3% |
| Financial charges | 65/66B | - | €175 | +€175 | |
| Recurring financial charges | 65 | - | €175 | +€175 | |
| Profit (loss) for the period before taxes | 9903 | -€21,704 | -€65,873 | -€44,169 | -204% |
| Income taxes | 67/77 | €108 | - | -€108 | |
| Profit (loss) for the period | 9904 | -€21,812 | -€65,873 | -€44,061 | -202% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,812 | -€65,873 | -€44,061 | -202% |
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 13 October 2026 via checked.be.