SYNERGY GROUP: 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.
SYNERGY GROUP
Largest movements
- Tangible fixed assets -€29,637
down €29,637 (-5.9%), from €499,331 to €469,694
of which Land and buildings: -€23,857
- Debts after one year -€33,289
down €33,289 (-8.5%), from €390,614 to €357,325
of which Financial debts: -€33,289
- Other debts +€12,392
up €12,392 (+5.7%), from €219,190 to €231,582
- Profit (loss) carried forward -€11,969
down €11,969 (-6.2%), from -€192,364 to -€204,333
- Depreciation +€2,774
up €2,774 (+6.8%), from €40,863 to €43,637
- Gross operating margin +€1,744
up €1,744 (+3.2%), from €53,921 to €55,665
- Financial charges -€1,248
down €1,248 (-6.3%), from €19,928 to €18,680
- Other operating charges +€1,234
up €1,234 (+30.2%), from €4,083 to €5,316
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 | €513,583 | €488,977 | -€24,607 | -4.8% |
| Fixed assets | 21/28 | €499,331 | €469,694 | -€29,637 | -5.9% |
| Tangible fixed assets | 22/27 | €499,331 | €469,694 | -€29,637 | -5.9% |
| Land and buildings | 22 | €409,962 | €386,105 | -€23,857 | -5.8% |
| Plant, machinery and equipment | 23 | €89,369 | €72,363 | -€17,006 | -19.0% |
| Furniture and vehicles | 24 | - | €11,226 | +€11,226 | |
| Current assets | 29/58 | €14,252 | €19,282 | +€5,031 | +35.3% |
| Cash at bank and in hand | 54/58 | €11,311 | €15,871 | +€4,560 | +40.3% |
| Deferred charges and accrued income | 490/1 | €2,941 | €3,412 | +€471 | +16.0% |
| Total equity and liabilities | 10/49 | €513,583 | €488,977 | -€24,607 | -4.8% |
| Equity | 10/15 | -€128,737 | -€140,706 | -€11,969 | -9.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,627 | €1,627 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,627 | €1,627 | = | 0.0% |
| Legal reserve | 130 | €1,627 | €1,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€192,364 | -€204,333 | -€11,969 | -6.2% |
| Amounts payable | 17/49 | €642,320 | €629,683 | -€12,638 | -2.0% |
| Amounts payable after more than one year | 17 | €390,614 | €357,325 | -€33,289 | -8.5% |
| Financial debts | 170/4 | €390,298 | €357,009 | -€33,289 | -8.5% |
| Other amounts payable | 178/9 | €316 | €316 | = | 0.0% |
| Amounts payable within one year | 42/48 | €251,706 | €269,605 | +€17,898 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €32,019 | €33,289 | +€1,271 | +4.0% |
| Trade debts | 44 | €497 | €4,733 | +€4,236 | +852% |
| Suppliers | 440/4 | €497 | €4,733 | +€4,236 | +852% |
| Other amounts payable | 47/48 | €219,190 | €231,582 | +€12,392 | +5.7% |
| Accrued charges and deferred income | 492/3 | - | €2,753 | +€2,753 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,863 | €43,637 | +€2,774 | +6.8% |
| Other operating charges | 640/8 | €4,083 | €5,316 | +€1,234 | +30.2% |
| Gross operating margin | 9900 | €53,921 | €55,665 | +€1,744 | +3.2% |
| Operating profit (loss) | 9901 | €8,975 | €6,712 | -€2,264 | -25.2% |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.9% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.9% |
| Financial charges | 65/66B | €19,928 | €18,680 | -€1,248 | -6.3% |
| Recurring financial charges | 65 | €19,928 | €18,680 | -€1,248 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,938 | -€11,969 | -€1,031 | -9.4% |
| Profit (loss) for the period | 9904 | -€10,938 | -€11,969 | -€1,031 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,938 | -€11,969 | -€1,031 | -9.4% |
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 18 October 2026 via checked.be.