SYNGRAFA: 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.
SYNGRAFA
Largest movements
- Current investments -€21,463
down €21,463 (-21.5%), from €100,000 to €78,537
- Cash -€15,043
down €15,043 (-74.0%), from €20,317 to €5,274
mainly Net result for the year (-€33,540) and Other debts (-€5,007)
- Tangible fixed assets -€8,515
down €8,515 (-23.9%), from €35,689 to €27,174
- Profit (loss) carried forward -€33,540
down €33,540 (-27.1%), from €123,570 to €90,030
- Other debts -€5,007
down €5,007 (-52.0%), from €9,621 to €4,614
- Tax, wage and social debts -€4,849
no longer reported in 2025 (was €4,849)
- Gross operating margin -€26,931
down €26,931, from €3,604 to -€23,327
- Financial income -€1,895
down €1,895 (-79.8%), from €2,376 to €481
- Financial charges +€1,493
up €1,493 (+962.3%), from €155 to €1,648
- Taxes -€915
down €915 (-87.4%), from €1,047 to €132
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,347 | €115,425 | -€44,922 | -28.0% |
| Fixed assets | 21/28 | €35,689 | €27,174 | -€8,515 | -23.9% |
| Tangible fixed assets | 22/27 | €35,689 | €27,174 | -€8,515 | -23.9% |
| Furniture and vehicles | 24 | €35,689 | €27,174 | -€8,515 | -23.9% |
| Current assets | 29/58 | €124,658 | €88,251 | -€36,407 | -29.2% |
| Amounts receivable within one year | 40/41 | €3,371 | €2,976 | -€395 | -11.7% |
| Other amounts receivable | 41 | €3,371 | €2,976 | -€395 | -11.7% |
| Current investments | 50/53 | €100,000 | €78,537 | -€21,463 | -21.5% |
| Cash at bank and in hand | 54/58 | €20,317 | €5,274 | -€15,043 | -74.0% |
| Deferred charges and accrued income | 490/1 | €970 | €1,464 | +€494 | +50.9% |
| Total equity and liabilities | 10/49 | €160,347 | €115,425 | -€44,922 | -28.0% |
| Equity | 10/15 | €144,030 | €110,490 | -€33,540 | -23.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,570 | €90,030 | -€33,540 | -27.1% |
| Amounts payable | 17/49 | €16,317 | €4,935 | -€11,382 | -69.8% |
| Amounts payable within one year | 42/48 | €16,317 | €4,935 | -€11,382 | -69.8% |
| Financial debts | 43 | €591 | - | -€591 | |
| Credit institutions | 430/8 | €591 | - | -€591 | |
| Trade debts | 44 | €1,255 | €321 | -€934 | -74.4% |
| Suppliers | 440/4 | €1,255 | €321 | -€934 | -74.4% |
| Taxes, remuneration and social security | 45 | €4,849 | - | -€4,849 | |
| Taxes | 450/3 | €4,849 | - | -€4,849 | |
| Other amounts payable | 47/48 | €9,621 | €4,614 | -€5,007 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,643 | €8,515 | -€128 | -1.5% |
| Other operating charges | 640/8 | €604 | €400 | -€204 | -33.8% |
| Gross operating margin | 9900 | €3,604 | -€23,327 | -€26,931 | |
| Operating profit (loss) | 9901 | -€5,643 | -€32,241 | -€26,599 | -471.4% |
| Financial income | 75/76B | €2,376 | €481 | -€1,895 | -79.8% |
| Recurring financial income | 75 | €2,376 | €481 | -€1,895 | -79.8% |
| Financial charges | 65/66B | €155 | €1,648 | +€1,493 | +962.3% |
| Recurring financial charges | 65 | €155 | €1,648 | +€1,493 | +962.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,422 | -€33,408 | -€29,987 | -876.4% |
| Income taxes | 67/77 | €1,047 | €132 | -€915 | -87.4% |
| Profit (loss) for the period | 9904 | -€4,469 | -€33,540 | -€29,071 | -650.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,469 | -€33,540 | -€29,071 | -650.5% |
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 9 October 2026 via checked.be.