SYNNECTA: 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.
SYNNECTA
Largest movements
- Cash -€37,893
down €37,893 (-54.5%), from €69,564 to €31,671
mainly Net result for the year (-€30,658) and Trade debts (-€17,377)
- Tangible fixed assets -€7,386
down €7,386 (-19.6%), from €37,667 to €30,280
of which Plant, machinery and equipment: -€5,037
- Receivables within one year -€6,079
down €6,079 (-10.4%), from €58,315 to €52,236
of which Trade receivables: -€4,775
- Stocks and contracts +€2,624
up €2,624 (+13.0%), from €20,181 to €22,806
- Profit (loss) carried forward -€30,658
down €30,658 (-7.8%), from -€393,138 to -€423,796
- Trade debts -€17,377
down €17,377 (-25.3%), from €68,609 to €51,232
- Gross operating margin +€65,282
up €65,282 (+883.2%), from €7,392 to €72,674
- Staff costs +€20,247
up €20,247 (+27.2%), from €74,459 to €94,706
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 | €186,785 | €138,097 | -€48,688 | -26.1% |
| Fixed assets | 21/28 | €37,667 | €30,280 | -€7,386 | -19.6% |
| Tangible fixed assets | 22/27 | €37,667 | €30,280 | -€7,386 | -19.6% |
| Plant, machinery and equipment | 23 | €30,562 | €25,525 | -€5,037 | -16.5% |
| Furniture and vehicles | 24 | €7,105 | €4,756 | -€2,349 | -33.1% |
| Current assets | 29/58 | €149,119 | €107,817 | -€41,302 | -27.7% |
| Stocks and contracts in progress | 3 | €20,181 | €22,806 | +€2,624 | +13.0% |
| Contracts in progress | 37 | €20,181 | €22,806 | +€2,624 | +13.0% |
| Amounts receivable within one year | 40/41 | €58,315 | €52,236 | -€6,079 | -10.4% |
| Trade receivables | 40 | €53,078 | €48,303 | -€4,775 | -9.0% |
| Other amounts receivable | 41 | €5,237 | €3,933 | -€1,304 | -24.9% |
| Current investments | 50/53 | €492 | €492 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €69,564 | €31,671 | -€37,893 | -54.5% |
| Deferred charges and accrued income | 490/1 | €565 | €611 | +€46 | +8.1% |
| Total equity and liabilities | 10/49 | €186,785 | €138,097 | -€48,688 | -26.1% |
| Equity | 10/15 | €77,920 | €47,263 | -€30,658 | -39.3% |
| Contributions | 10/11 | €446,012 | €446,012 | = | 0.0% |
| Outside capital | 11 | €446,012 | €446,012 | = | 0.0% |
| Other | 1109/19 | €446,012 | €446,012 | = | 0.0% |
| Reserves | 13 | €25,047 | €25,047 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,719 | €15,719 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,719 | €15,719 | = | 0.0% |
| Distributable reserves | 133 | €9,328 | €9,328 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€393,138 | -€423,796 | -€30,658 | -7.8% |
| Amounts payable | 17/49 | €108,865 | €90,834 | -€18,030 | -16.6% |
| Amounts payable within one year | 42/48 | €89,952 | €72,922 | -€17,030 | -18.9% |
| Trade debts | 44 | €68,609 | €51,232 | -€17,377 | -25.3% |
| Suppliers | 440/4 | €68,609 | €51,232 | -€17,377 | -25.3% |
| Taxes, remuneration and social security | 45 | €11,352 | €11,699 | +€347 | +3.1% |
| Taxes | 450/3 | €58 | €100 | +€42 | +71.4% |
| Remuneration and social security | 454/9 | €11,294 | €11,599 | +€305 | +2.7% |
| Other amounts payable | 47/48 | €9,991 | €9,991 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €18,913 | €17,913 | -€1,000 | -5.3% |
| Remuneration, social security and pensions | 62 | €74,459 | €94,706 | +€20,247 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,375 | €7,386 | +€11 | +0.1% |
| Other operating charges | 640/8 | €1,228 | €1,144 | -€84 | -6.8% |
| Gross operating margin | 9900 | €7,392 | €72,674 | +€65,282 | +883.2% |
| Operating profit (loss) | 9901 | -€75,670 | -€30,562 | +€45,108 | +59.6% |
| Financial income | 75/76B | €394 | €244 | -€150 | -38.0% |
| Recurring financial income | 75 | €394 | €244 | -€150 | -38.0% |
| Financial charges | 65/66B | €190 | €167 | -€23 | -12.3% |
| Recurring financial charges | 65 | €190 | €167 | -€23 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | -€75,467 | -€30,485 | +€44,982 | +59.6% |
| Income taxes | 67/77 | €161 | €173 | +€12 | +7.7% |
| Profit (loss) for the period | 9904 | -€75,627 | -€30,658 | +€44,970 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,627 | -€30,658 | +€44,970 | +59.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.