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SynerTech: what changed

Two fiscal 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

SynerTech

BE 0686.595.791
NACE 42.219, Civil engineering
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,542
2024 · €8,511-€1,969
Equity
€77,684
2024 · €71,142+€6,542
Cash
€12,300
2024 · €44,216-€31,916
Balance sheet total
€162,630
2024 · €121,626+€41,004

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€73,908

    up €73,908 (+106.1%), from €69,665 to €143,573

    of which Trade receivables: +€78,440

  • Cash -€31,916

    down €31,916 (-72.2%), from €44,216 to €12,300

    mainly Receivables within one year (-€73,908) and Investment in fixed assets (net) (-€1,155)

Equity and liabilities
  • Trade debts +€22,509

    up €22,509 (+62.8%), from €35,859 to €58,369

  • Other debts +€9,165

    up €9,165 (+161.0%), from €5,693 to €14,857

  • Profit (loss) carried forward +€6,542

    up €6,542 (+11.8%), from €55,609 to €62,152

  • Tax, wage and social debts +€3,362

    up €3,362 (+40.2%), from €8,358 to €11,720

    of which Remuneration and social security: +€2,003

Income statement
  • Gross operating margin -€12,941

    down €12,941 (-40.5%), from €31,968 to €19,028

  • Staff costs -€9,731

    down €9,731 (-55.8%), from €17,440 to €7,710

  • Taxes -€384

    down €384 (-18.0%), from €2,129 to €1,745

  • Other operating charges -€377

    down €377 (-35.1%), from €1,074 to €697

  • Depreciation -€320

    down €320 (-14.2%), from €2,248 to €1,928

From the 2024 result to the 2025 result

effect on the 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 €8,511
Gross operating margin -€12,941
Staff costs +€9,731
Depreciation +€320
Other operating charges +€377
Financial income -€16
Financial charges +€176
Taxes +€384
Result 2025 €6,542

Cash bridge derived

cash 2024 to 2025

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 -€30,761
Investment -€1,155
Financing €0
Cash 2024 €44,216
Net result for the year +€6,542
Depreciation +€1,928
Receivables within one year -€73,908
Deferred charges and accrued income +€215
Trade debts +€22,509
Tax, wage and social debts +€3,362
Other debts +€9,165
Accrued charges and deferred income -€575
Investment in fixed assets (net) -€1,155
Cash 2025 €12,300
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €121,626 €162,630 +€41,004 +33.7%
Fixed assets 21/28 €5,227 €4,454 -€773 -14.8%
Tangible fixed assets 22/27 €3,884 €3,111 -€773 -19.9%
Plant, machinery and equipment 23 €846 €39 -€807 -95.4%
Furniture and vehicles 24 €3,038 €3,073 +€34 +1.1%
Financial fixed assets 28 €1,343 €1,343 = 0.0%
Current assets 29/58 €116,399 €158,176 +€41,777 +35.9%
Amounts receivable within one year 40/41 €69,665 €143,573 +€73,908 +106.1%
Trade receivables 40 €59,811 €138,251 +€78,440 +131.1%
Other amounts receivable 41 €9,854 €5,322 -€4,532 -46.0%
Cash at bank and in hand 54/58 €44,216 €12,300 -€31,916 -72.2%
Deferred charges and accrued income 490/1 €2,518 €2,303 -€215 -8.5%
Total equity and liabilities 10/49 €121,626 €162,630 +€41,004 +33.7%
Equity 10/15 €71,142 €77,684 +€6,542 +9.2%
Contributions 10/11 €15,532 €15,532 = 0.0%
Profit (loss) carried forward 14 €55,609 €62,152 +€6,542 +11.8%
Amounts payable 17/49 €50,484 €84,946 +€34,461 +68.3%
Amounts payable within one year 42/48 €49,909 €84,946 +€35,036 +70.2%
Trade debts 44 €35,859 €58,369 +€22,509 +62.8%
Suppliers 440/4 €35,859 €58,369 +€22,509 +62.8%
Taxes, remuneration and social security 45 €8,358 €11,720 +€3,362 +40.2%
Taxes 450/3 €889 €2,249 +€1,359 +152.8%
Remuneration and social security 454/9 €7,468 €9,471 +€2,003 +26.8%
Other amounts payable 47/48 €5,693 €14,857 +€9,165 +161.0%
Accrued charges and deferred income 492/3 €575 - -€575
Remuneration, social security and pensions 62 €17,440 €7,710 -€9,731 -55.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,248 €1,928 -€320 -14.2%
Other operating charges 640/8 €1,074 €697 -€377 -35.1%
Gross operating margin 9900 €31,968 €19,028 -€12,941 -40.5%
Operating profit (loss) 9901 €11,206 €8,693 -€2,513 -22.4%
Financial income 75/76B €37 €21 -€16 -43.7%
Recurring financial income 75 €37 €21 -€16 -43.7%
Financial charges 65/66B €603 €427 -€176 -29.2%
Recurring financial charges 65 €603 €427 -€176 -29.2%
Profit (loss) for the period before taxes 9903 €10,640 €8,287 -€2,353 -22.1%
Income taxes 67/77 €2,129 €1,745 -€384 -18.0%
Profit (loss) for the period 9904 €8,511 €6,542 -€1,969 -23.1%
Profit (loss) for the period to be appropriated 9905 €8,511 €6,542 -€1,969 -23.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.