Synicum: 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.
Synicum
Largest movements
- Receivables after one year +€130,000
new in 2024: €130,000
- Receivables within one year -€59,416
down €59,416 (-97.0%), from €61,272 to €1,856
of which Other amounts receivable: -€34,651
- Reserves +€66,092
up €66,092 (+3539.6%), from €1,867 to €67,959
of which Distributable reserves: +€66,092
- Tax, wage and social debts +€33,870
up €33,870 (+783.8%), from €4,321 to €38,192
of which Taxes: +€33,870
- Other debts -€21,622
down €21,622 (-75.1%), from €28,805 to €7,183
- Trade debts -€7,805
down €7,805 (-45.2%), from €17,251 to €9,446
- Staff costs -€187,264
no longer reported in 2024 (was €187,264)
- Gross operating margin -€135,765
down €135,765 (-58.0%), from €234,134 to €98,369
- Taxes +€21,048
up €21,048 (+164.2%), from €12,822 to €33,870
- Depreciation -€4,648
no longer reported in 2024 (was €4,648)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,647 | €135,182 | +€70,535 | +109.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €64,647 | €135,182 | +€70,535 | +109.1% |
| Amounts receivable after more than one year | 29 | - | €130,000 | +€130,000 | |
| Other amounts receivable | 291 | - | €130,000 | +€130,000 | |
| Amounts receivable within one year | 40/41 | €61,272 | €1,856 | -€59,416 | -97.0% |
| Trade receivables | 40 | €24,764 | - | -€24,764 | |
| Other amounts receivable | 41 | €36,507 | €1,856 | -€34,651 | -94.9% |
| Cash at bank and in hand | 54/58 | €3,197 | €3,148 | -€49 | -1.5% |
| Deferred charges and accrued income | 490/1 | €178 | €178 | = | 0.0% |
| Total equity and liabilities | 10/49 | €64,647 | €135,182 | +€70,535 | +109.1% |
| Equity | 10/15 | €14,270 | €80,362 | +€66,092 | +463.2% |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Reserves | 13 | €1,867 | €67,959 | +€66,092 | +3539.6% |
| Non-distributable reserves | 130/1 | €1,867 | €1,867 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,867 | €1,867 | = | 0.0% |
| Distributable reserves | 133 | €0 | €66,092 | +€66,092 | |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €50,377 | €54,821 | +€4,443 | +8.8% |
| Amounts payable within one year | 42/48 | €50,377 | €54,821 | +€4,443 | +8.8% |
| Trade debts | 44 | €17,251 | €9,446 | -€7,805 | -45.2% |
| Suppliers | 440/4 | €17,251 | €9,446 | -€7,805 | -45.2% |
| Taxes, remuneration and social security | 45 | €4,321 | €38,192 | +€33,870 | +783.8% |
| Taxes | 450/3 | €4,321 | €38,192 | +€33,870 | +783.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €28,805 | €7,183 | -€21,622 | -75.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €187,264 | - | -€187,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,648 | - | -€4,648 | |
| Other operating charges | 640/8 | €741 | €141 | -€600 | -81.0% |
| Gross operating margin | 9900 | €234,134 | €98,369 | -€135,765 | -58.0% |
| Operating profit (loss) | 9901 | €41,481 | €98,228 | +€56,747 | +136.8% |
| Financial income | 75/76B | €216 | €2,006 | +€1,790 | +830.3% |
| Recurring financial income | 75 | €216 | €2,006 | +€1,790 | +830.3% |
| Financial charges | 65/66B | €70 | €272 | +€202 | +288.5% |
| Recurring financial charges | 65 | €70 | €272 | +€202 | +288.5% |
| Profit (loss) for the period before taxes | 9903 | €41,627 | €99,962 | +€58,336 | +140.1% |
| Income taxes | 67/77 | €12,822 | €33,870 | +€21,048 | +164.2% |
| Profit (loss) for the period | 9904 | €28,805 | €66,092 | +€37,287 | +129.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,805 | €66,092 | +€37,287 | +129.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.