SYNOPS: 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.
SYNOPS
Largest movements
- Receivables within one year -€6,058
down €6,058 (-97.3%), from €6,224 to €166
of which Trade receivables: -€4,722
- Tangible fixed assets -€1,999
down €1,999 (-50.0%), from €3,998 to €1,999
- Profit (loss) carried forward -€5,871
down €5,871 (-18.6%), from -€31,561 to -€37,431
- Trade debts -€3,120
down €3,120 (-61.3%), from €5,089 to €1,969
- Tax, wage and social debts +€2,357
up €2,357 (+81.6%), from €2,886 to €5,243
- Accrued charges and deferred income -€1,150
no longer reported in 2025 (was €1,150)
- Gross operating margin +€9,015
up €9,015 (+88.6%), from -€10,171 to -€1,157
- Other operating charges -€2,429
down €2,429 (-65.4%), from €3,713 to €1,284
- Staff costs +€1,279
new in 2025: €1,279
- Financial charges -€216
down €216 (-59.8%), from €361 to €145
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 | €85,125 | €77,341 | -€7,784 | -9.1% |
| Fixed assets | 21/28 | €4,223 | €2,224 | -€1,999 | -47.3% |
| Tangible fixed assets | 22/27 | €3,998 | €1,999 | -€1,999 | -50.0% |
| Plant, machinery and equipment | 23 | €3,998 | €1,999 | -€1,999 | -50.0% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €80,902 | €75,117 | -€5,785 | -7.2% |
| Amounts receivable within one year | 40/41 | €6,224 | €166 | -€6,058 | -97.3% |
| Trade receivables | 40 | €4,722 | - | -€4,722 | |
| Other amounts receivable | 41 | €1,501 | €166 | -€1,335 | -88.9% |
| Cash at bank and in hand | 54/58 | €74,678 | €74,951 | +€273 | +0.4% |
| Total equity and liabilities | 10/49 | €85,125 | €77,341 | -€7,784 | -9.1% |
| Equity | 10/15 | €75,999 | €70,129 | -€5,871 | -7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,360 | €101,360 | = | 0.0% |
| Distributable reserves | 133 | €101,360 | €101,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,561 | -€37,431 | -€5,871 | -18.6% |
| Amounts payable | 17/49 | €9,125 | €7,212 | -€1,913 | -21.0% |
| Amounts payable within one year | 42/48 | €7,975 | €7,212 | -€763 | -9.6% |
| Trade debts | 44 | €5,089 | €1,969 | -€3,120 | -61.3% |
| Suppliers | 440/4 | €5,089 | €1,969 | -€3,120 | -61.3% |
| Taxes, remuneration and social security | 45 | €2,886 | €5,243 | +€2,357 | +81.6% |
| Remuneration and social security | 454/9 | €2,886 | €5,243 | +€2,357 | +81.6% |
| Accrued charges and deferred income | 492/3 | €1,150 | - | -€1,150 | |
| Remuneration, social security and pensions | 62 | - | €1,279 | +€1,279 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,999 | €1,999 | = | 0.0% |
| Other operating charges | 640/8 | €3,713 | €1,284 | -€2,429 | -65.4% |
| Gross operating margin | 9900 | -€10,171 | -€1,157 | +€9,015 | +88.6% |
| Operating profit (loss) | 9901 | -€15,884 | -€5,719 | +€10,165 | +64.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €361 | €145 | -€216 | -59.8% |
| Recurring financial charges | 65 | €361 | €145 | -€216 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,244 | -€5,864 | +€10,381 | +63.9% |
| Income taxes | 67/77 | - | €7 | +€7 | |
| Profit (loss) for the period | 9904 | -€16,244 | -€5,871 | +€10,374 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,244 | -€5,871 | +€10,374 | +63.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.