SYNERSUS: 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.
What changed
SYNERSUS
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€75,213
2024 · €39,183+€36,030
Equity
€151,399
2024 · €83,687+€67,712
Cash
€57,210
2024 · €87,067-€29,857
Balance sheet total
€896,309
2024 · €922,124-€25,815
Largest movements
Assets
- Tangible fixed assets -€33,821
down €33,821 (-4.5%), from €756,738 to €722,917
of which Land and buildings: -€28,928
- Cash -€29,857
down €29,857 (-34.3%), from €87,067 to €57,210
mainly Debts after one year (-€107,166) and Stocks and contracts (-€28,399)
- Stocks and contracts +€28,399
up €28,399 (+55.3%), from €51,381 to €79,780
Equity and liabilities
- Debts after one year -€107,166
down €107,166 (-14.3%), from €747,735 to €640,569
- Profit (loss) carried forward +€67,712
up €67,712 (+141.0%), from €48,012 to €115,724
Income statement
- Gross operating margin +€39,695
up €39,695 (+38.4%), from €103,411 to €143,106
- Taxes +€5,189
up €5,189 (+103.9%), from €4,993 to €10,182
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.
Result 2024
€39,183
Gross operating margin
+€39,695
Depreciation
-€975
Other operating charges
+€1,168
Financial charges
+€1,331
Taxes
-€5,189
Result 2025
€75,213
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.
From operations
+€90,516
Investment
-€6,800
Financing
-€113,573
Cash 2024
€87,067
From operations (derived)
+€90,516
Net result for the year
+€75,213
Depreciation
+€40,621
Stocks and contracts
-€28,399
Receivables within one year
-€8,012
Deferred charges and accrued income
-€1,452
Trade debts
-€971
Tax, wage and social debts
+€345
Advances received
+€5,720
Other debts
+€7,374
Accrued charges and deferred income
+€77
Investment (derived)
-€6,800
Investment in fixed assets (net)
-€6,800
Financing
-€113,573
Debts after one year
-€107,166
Current portion of long-term debt
+€1,187
Short-term financial debts
-€93
Contributions, distributions and other
-€7,501
Cash 2025
€57,210
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €922,124 | €896,309 | -€25,815 | -2.8% |
| Fixed assets | 21/28 | €756,738 | €722,917 | -€33,821 | -4.5% |
| Tangible fixed assets | 22/27 | €756,738 | €722,917 | -€33,821 | -4.5% |
| Land and buildings | 22 | €731,105 | €702,177 | -€28,928 | -4.0% |
| Plant, machinery and equipment | 23 | €1,212 | €744 | -€468 | -38.6% |
| Furniture and vehicles | 24 | €24,094 | €19,996 | -€4,098 | -17.0% |
| Other tangible fixed assets | 26 | €327 | - | -€327 | |
| Current assets | 29/58 | €165,386 | €173,392 | +€8,006 | +4.8% |
| Stocks and contracts in progress | 3 | €51,381 | €79,780 | +€28,399 | +55.3% |
| Stocks | 30/36 | €51,381 | €79,780 | +€28,399 | +55.3% |
| Amounts receivable within one year | 40/41 | €24,163 | €32,175 | +€8,012 | +33.2% |
| Trade receivables | 40 | €24,163 | €30,565 | +€6,402 | +26.5% |
| Other amounts receivable | 41 | - | €1,610 | +€1,610 | |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87,067 | €57,210 | -€29,857 | -34.3% |
| Deferred charges and accrued income | 490/1 | €1,775 | €3,227 | +€1,452 | +81.8% |
| Total equity and liabilities | 10/49 | €922,124 | €896,309 | -€25,815 | -2.8% |
| Equity | 10/15 | €83,687 | €151,399 | +€67,712 | +80.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €23,275 | €23,275 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €23,275 | +€21,415 | +1151.3% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Own shares acquired | 1312 | - | €21,415 | +€21,415 | |
| Tax-exempt reserves | 132 | €21,415 | - | -€21,415 | |
| Profit (loss) carried forward | 14 | €48,012 | €115,724 | +€67,712 | +141.0% |
| Amounts payable | 17/49 | €838,437 | €744,910 | -€93,527 | -11.2% |
| Amounts payable after more than one year | 17 | €747,735 | €640,569 | -€107,166 | -14.3% |
| Financial debts | 170/4 | €747,735 | €640,569 | -€107,166 | -14.3% |
| Amounts payable within one year | 42/48 | €90,127 | €103,689 | +€13,562 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €58,667 | €59,854 | +€1,187 | +2.0% |
| Financial debts | 43 | €93 | - | -€93 | |
| Credit institutions | 430/8 | €93 | - | -€93 | |
| Trade debts | 44 | €12,667 | €11,696 | -€971 | -7.7% |
| Suppliers | 440/4 | €12,667 | €11,696 | -€971 | -7.7% |
| Advances received on contracts in progress | 46 | - | €5,720 | +€5,720 | |
| Taxes, remuneration and social security | 45 | €18,574 | €18,919 | +€345 | +1.9% |
| Taxes | 450/3 | €18,574 | €18,919 | +€345 | +1.9% |
| Other amounts payable | 47/48 | €126 | €7,500 | +€7,374 | +5852.4% |
| Accrued charges and deferred income | 492/3 | €575 | €652 | +€77 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,646 | €40,621 | +€975 | +2.5% |
| Other operating charges | 640/8 | €4,681 | €3,513 | -€1,168 | -25.0% |
| Gross operating margin | 9900 | €103,411 | €143,106 | +€39,695 | +38.4% |
| Operating profit (loss) | 9901 | €59,084 | €98,972 | +€39,888 | +67.5% |
| Financial charges | 65/66B | €14,908 | €13,577 | -€1,331 | -8.9% |
| Recurring financial charges | 65 | €14,908 | €13,577 | -€1,331 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €44,176 | €85,395 | +€41,219 | +93.3% |
| Income taxes | 67/77 | €4,993 | €10,182 | +€5,189 | +103.9% |
| Profit (loss) for the period | 9904 | €39,183 | €75,213 | +€36,030 | +92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,183 | €75,213 | +€36,030 | +92.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.