SYNEXIS: 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.
SYNEXIS
Largest movements
- Deferred charges and accrued income +€40,436
up €40,436 (+283%), from €14,309 to €54,746
- Receivables within one year +€24,972
up €24,972 (+43.4%), from €57,494 to €82,466
of which Trade receivables: +€19,695
- Cash -€7,990
down €7,990 (-22.3%), from €35,806 to €27,815
mainly Deferred charges and accrued income (-€40,436) and Receivables within one year (-€24,972)
- Profit (loss) carried forward +€32,247
up €32,247 (+45.4%), from €71,048 to €103,295
- Other debts +€20,635
new in 2025: €20,635
- Trade debts +€4,232
up €4,232 (+9.8%), from €43,252 to €47,484
- Gross operating margin +€78,710
up €78,710 (+54.5%), from €144,401 to €223,111
- Staff costs +€28,928
up €28,928 (+23.1%), from €125,316 to €154,244
- Taxes +€21,170
up €21,170 (+181%), from €11,714 to €32,884
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 | €122,360 | €179,475 | +€57,115 | +46.7% |
| Fixed assets | 21/28 | €14,751 | €14,448 | -€303 | -2.1% |
| Tangible fixed assets | 22/27 | €10,971 | €10,668 | -€303 | -2.8% |
| Furniture and vehicles | 24 | €4,695 | €4,391 | -€303 | -6.5% |
| Other tangible fixed assets | 26 | €6,277 | €6,277 | = | 0.0% |
| Financial fixed assets | 28 | €3,780 | €3,780 | = | 0.0% |
| Current assets | 29/58 | €107,609 | €165,027 | +€57,418 | +53.4% |
| Amounts receivable within one year | 40/41 | €57,494 | €82,466 | +€24,972 | +43.4% |
| Trade receivables | 40 | €53,825 | €73,520 | +€19,695 | +36.6% |
| Other amounts receivable | 41 | €3,669 | €8,946 | +€5,277 | +144% |
| Cash at bank and in hand | 54/58 | €35,806 | €27,815 | -€7,990 | -22.3% |
| Deferred charges and accrued income | 490/1 | €14,309 | €54,746 | +€40,436 | +283% |
| Total equity and liabilities | 10/49 | €122,360 | €179,475 | +€57,115 | +46.7% |
| Equity | 10/15 | €79,108 | €111,355 | +€32,247 | +40.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,048 | €103,295 | +€32,247 | +45.4% |
| Amounts payable | 17/49 | €43,252 | €68,119 | +€24,867 | +57.5% |
| Amounts payable within one year | 42/48 | €43,252 | €68,119 | +€24,867 | +57.5% |
| Trade debts | 44 | €43,252 | €47,484 | +€4,232 | +9.8% |
| Suppliers | 440/4 | €43,252 | €47,484 | +€4,232 | +9.8% |
| Other amounts payable | 47/48 | - | €20,635 | +€20,635 | |
| Remuneration, social security and pensions | 62 | €125,316 | €154,244 | +€28,928 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,487 | €3,022 | +€536 | +21.5% |
| Other operating charges | 640/8 | €620 | - | -€620 | |
| Gross operating margin | 9900 | €144,401 | €223,111 | +€78,710 | +54.5% |
| Operating profit (loss) | 9901 | €15,979 | €65,845 | +€49,866 | +312% |
| Financial charges | 65/66B | €859 | €714 | -€145 | -16.9% |
| Recurring financial charges | 65 | €859 | €714 | -€145 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €15,120 | €65,131 | +€50,011 | +331% |
| Income taxes | 67/77 | €11,714 | €32,884 | +€21,170 | +181% |
| Profit (loss) for the period | 9904 | €3,406 | €32,247 | +€28,841 | +847% |
| Profit (loss) for the period to be appropriated | 9905 | €3,406 | €32,247 | +€28,841 | +847% |
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.