Synergy@Projects: 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@Projects
Largest movements
- Tangible fixed assets -€35,120
down €35,120 (-4.1%), from €851,098 to €815,978
of which Land and buildings: -€34,428
- Debts after one year -€45,204
down €45,204 (-7.8%), from €578,649 to €533,444
- Reserves +€9,613
up €9,613 (+21.9%), from €43,953 to €53,566
- Gross operating margin +€1,362
up €1,362 (+1.9%), from €71,694 to €73,056
- Taxes +€1,098
up €1,098 (+27.1%), from €4,051 to €5,150
- Financial charges -€782
down €782 (-6.8%), from €11,506 to €10,724
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 | €852,303 | €821,734 | -€30,570 | -3.6% |
| Fixed assets | 21/28 | €851,098 | €815,978 | -€35,120 | -4.1% |
| Tangible fixed assets | 22/27 | €851,098 | €815,978 | -€35,120 | -4.1% |
| Land and buildings | 22 | €847,402 | €812,974 | -€34,428 | -4.1% |
| Plant, machinery and equipment | 23 | €120 | €50 | -€70 | -58.4% |
| Furniture and vehicles | 24 | €2,076 | €1,454 | -€622 | -30.0% |
| Other tangible fixed assets | 26 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €1,206 | €5,755 | +€4,550 | +377% |
| Cash at bank and in hand | 54/58 | €1,206 | €5,755 | +€4,550 | +377% |
| Total equity and liabilities | 10/49 | €852,303 | €821,734 | -€30,570 | -3.6% |
| Equity | 10/15 | €218,859 | €228,473 | +€9,613 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,953 | €53,566 | +€9,613 | +21.9% |
| Distributable reserves | 133 | €43,953 | €53,566 | +€9,613 | +21.9% |
| Profit (loss) carried forward | 14 | €156,306 | €156,306 | = | 0.0% |
| Amounts payable | 17/49 | €633,444 | €593,261 | -€40,183 | -6.3% |
| Amounts payable after more than one year | 17 | €578,649 | €533,444 | -€45,204 | -7.8% |
| Financial debts | 170/4 | €578,649 | €533,444 | -€45,204 | -7.8% |
| Amounts payable within one year | 42/48 | €54,795 | €59,816 | +€5,021 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €44,408 | €45,204 | +€797 | +1.8% |
| Trade debts | 44 | €3,925 | - | -€3,925 | |
| Suppliers | 440/4 | €3,925 | - | -€3,925 | |
| Taxes, remuneration and social security | 45 | €4,051 | €9,201 | +€5,150 | +127% |
| Taxes | 450/3 | €4,051 | €9,201 | +€5,150 | +127% |
| Other amounts payable | 47/48 | €2,411 | €5,411 | +€3,000 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,632 | €35,120 | +€487 | +1.4% |
| Other operating charges | 640/8 | €6,557 | €6,049 | -€508 | -7.7% |
| Non-recurring operating charges | 66A | €7,000 | €6,400 | -€600 | -8.6% |
| Gross operating margin | 9900 | €71,694 | €73,056 | +€1,362 | +1.9% |
| Operating profit (loss) | 9901 | €23,505 | €25,487 | +€1,982 | +8.4% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €11,506 | €10,724 | -€782 | -6.8% |
| Recurring financial charges | 65 | €11,506 | €10,724 | -€782 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €12,006 | €14,763 | +€2,757 | +23.0% |
| Income taxes | 67/77 | €4,051 | €5,150 | +€1,098 | +27.1% |
| Profit (loss) for the period | 9904 | €7,955 | €9,613 | +€1,658 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,955 | €9,613 | +€1,658 | +20.8% |
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 16 October 2026 via checked.be.