SYNKO: 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.
SYNKO
Largest movements
- Cash +€30,714
up €30,714 (+452.2%), from €6,792 to €37,505
mainly Net result for the year (+€54,064) and Receivables within one year (+€6,719)
- Receivables within one year -€6,719
down €6,719 (-12.8%), from €52,587 to €45,868
of which Other amounts receivable: -€17,660
- Deferred charges and accrued income -€1,640
down €1,640 (-17.4%), from €9,406 to €7,766
- Tangible fixed assets -€1,160
down €1,160 (-25.0%), from €4,635 to €3,476
of which Furniture and vehicles: -€612
- Reserves +€54,064
up €54,064 (+1141.7%), from €4,735 to €58,799
- Trade debts -€25,936
down €25,936 (-48.3%), from €53,709 to €27,774
- Short-term financial debts -€8,000
down €8,000 (-100.0%), from €8,000 to €0
- Tax, wage and social debts +€1,805
up €1,805 (+4825.6%), from €37 to €1,842
- Taxes +€16,200
up €16,200, from €0 to €16,200
- Gross operating margin +€15,378
up €15,378 (+20.3%), from €75,780 to €91,158
- Other operating charges -€2,447
down €2,447 (-15.4%), from €15,919 to €13,472
- Financial charges +€1,723
up €1,723 (+41.9%), from €4,109 to €5,833
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 | €73,420 | €94,615 | +€21,194 | +28.9% |
| Fixed assets | 21/28 | €4,635 | €3,476 | -€1,160 | -25.0% |
| Tangible fixed assets | 22/27 | €4,635 | €3,476 | -€1,160 | -25.0% |
| Plant, machinery and equipment | 23 | €960 | €685 | -€275 | -28.6% |
| Furniture and vehicles | 24 | €1,382 | €770 | -€612 | -44.3% |
| Other tangible fixed assets | 26 | €2,293 | €2,020 | -€273 | -11.9% |
| Current assets | 29/58 | €68,785 | €91,139 | +€22,354 | +32.5% |
| Amounts receivable within one year | 40/41 | €52,587 | €45,868 | -€6,719 | -12.8% |
| Trade receivables | 40 | €12,000 | €22,941 | +€10,941 | +91.2% |
| Other amounts receivable | 41 | €40,587 | €22,927 | -€17,660 | -43.5% |
| Cash at bank and in hand | 54/58 | €6,792 | €37,505 | +€30,714 | +452.2% |
| Deferred charges and accrued income | 490/1 | €9,406 | €7,766 | -€1,640 | -17.4% |
| Total equity and liabilities | 10/49 | €73,420 | €94,615 | +€21,194 | +28.9% |
| Equity | 10/15 | €10,935 | €64,999 | +€54,064 | +494.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,735 | €58,799 | +€54,064 | +1141.7% |
| Distributable reserves | 133 | €4,735 | €58,799 | +€54,064 | +1141.7% |
| Amounts payable | 17/49 | €62,485 | €29,616 | -€32,869 | -52.6% |
| Amounts payable within one year | 42/48 | €61,747 | €29,616 | -€32,131 | -52.0% |
| Financial debts | 43 | €8,000 | €0 | -€8,000 | -100.0% |
| Other loans | 439 | €8,000 | €0 | -€8,000 | -100.0% |
| Trade debts | 44 | €53,709 | €27,774 | -€25,936 | -48.3% |
| Suppliers | 440/4 | €53,709 | €27,774 | -€25,936 | -48.3% |
| Taxes, remuneration and social security | 45 | €37 | €1,842 | +€1,805 | +4825.6% |
| Taxes | 450/3 | €37 | €1,842 | +€1,805 | +4825.6% |
| Accrued charges and deferred income | 492/3 | €738 | €0 | -€738 | -100.0% |
| Non-recurring operating income | 76A | - | €75,807 | +€75,807 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €1,160 | +€0 | 0.0% |
| Other operating charges | 640/8 | €15,919 | €13,472 | -€2,447 | -15.4% |
| Non-recurring operating charges | 66A | €89,243 | €577 | -€88,666 | -99.4% |
| Gross operating margin | 9900 | €75,780 | €91,158 | +€15,378 | +20.3% |
| Operating profit (loss) | 9901 | -€30,541 | €75,950 | +€106,491 | |
| Financial income | 75/76B | €440 | €146 | -€294 | -66.9% |
| Recurring financial income | 75 | €440 | €146 | -€294 | -66.9% |
| Financial charges | 65/66B | €4,109 | €5,833 | +€1,723 | +41.9% |
| Recurring financial charges | 65 | €4,109 | €5,833 | +€1,723 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | -€34,210 | €70,263 | +€104,474 | |
| Income taxes | 67/77 | €0 | €16,200 | +€16,200 | |
| Profit (loss) for the period | 9904 | -€34,210 | €54,064 | +€88,274 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,210 | €54,064 | +€88,274 |
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 10 October 2026 via checked.be.