SYNOVA: 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.
SYNOVA
Largest movements
- Deferred charges and accrued income +€22,695
up €22,695 (+1517.4%), from €1,496 to €24,191
- Receivables within one year +€7,554
up €7,554 (+26.9%), from €28,102 to €35,656
of which Trade receivables: +€5,948
- Tangible fixed assets +€5,519
up €5,519 (+244.4%), from €2,258 to €7,777
of which Furniture and vehicles: +€4,500
- Other debts +€28,447
new in 2025: €28,447
- Reserves +€18,330
up €18,330 (+392.2%), from €4,674 to €23,004
of which Distributable reserves: +€18,330
- Short-term financial debts -€12,074
no longer reported in 2025 (was €12,074)
- Debts after one year -€6,809
down €6,809 (-17.2%), from €39,636 to €32,826
- Current portion of long-term debt +€3,747
up €3,747 (+15.5%), from €24,125 to €27,872
- Gross operating margin -€9,857
down €9,857 (-47.4%), from €20,773 to €10,917
- Financial income -€6,939
down €6,939 (-21.2%), from €32,701 to €25,762
of which Financial income: -€7,377
- Other operating charges +€1,626
up €1,626 (+307.1%), from €529 to €2,155
- Financial charges -€1,553
down €1,553 (-25.0%), from €6,204 to €4,651
of which Non-recurring financial charges: -€1,103
- Taxes -€1,468
down €1,468 (-24.2%), from €6,066 to €4,598
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 | €225,095 | €258,852 | +€33,757 | +15.0% |
| Fixed assets | 21/28 | €148,932 | €154,451 | +€5,519 | +3.7% |
| Tangible fixed assets | 22/27 | €2,258 | €7,777 | +€5,519 | +244.4% |
| Land and buildings | 22 | €812 | €657 | -€154 | -19.0% |
| Plant, machinery and equipment | 23 | €1,174 | €2,348 | +€1,174 | +99.9% |
| Furniture and vehicles | 24 | €272 | €4,772 | +€4,500 | +1653.6% |
| Financial fixed assets | 28 | €146,674 | €146,674 | = | 0.0% |
| Current assets | 29/58 | €76,163 | €104,401 | +€28,238 | +37.1% |
| Amounts receivable after more than one year | 29 | €46,566 | €44,529 | -€2,037 | -4.4% |
| Other amounts receivable | 291 | €46,566 | €44,529 | -€2,037 | -4.4% |
| Amounts receivable within one year | 40/41 | €28,102 | €35,656 | +€7,554 | +26.9% |
| Trade receivables | 40 | €7,020 | €12,968 | +€5,948 | +84.7% |
| Other amounts receivable | 41 | €21,082 | €22,688 | +€1,606 | +7.6% |
| Cash at bank and in hand | 54/58 | - | €26 | +€26 | |
| Deferred charges and accrued income | 490/1 | €1,496 | €24,191 | +€22,695 | +1517.4% |
| Total equity and liabilities | 10/49 | €225,095 | €258,852 | +€33,757 | +15.0% |
| Equity | 10/15 | €131,693 | €150,022 | +€18,330 | +13.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,674 | €23,004 | +€18,330 | +392.2% |
| Tax-exempt reserves | 132 | €3,534 | €3,534 | = | 0.0% |
| Distributable reserves | 133 | €1,140 | €19,470 | +€18,330 | +1607.9% |
| Profit (loss) carried forward | 14 | €120,819 | €120,819 | = | 0.0% |
| Amounts payable | 17/49 | €93,402 | €108,830 | +€15,428 | +16.5% |
| Amounts payable after more than one year | 17 | €39,636 | €32,826 | -€6,809 | -17.2% |
| Financial debts | 170/4 | €39,636 | €32,826 | -€6,809 | -17.2% |
| Amounts payable within one year | 42/48 | €51,814 | €72,238 | +€20,424 | +39.4% |
| Current portion of amounts payable after more than one year | 42 | €24,125 | €27,872 | +€3,747 | +15.5% |
| Financial debts | 43 | €12,074 | - | -€12,074 | |
| Credit institutions | 430/8 | €12,074 | - | -€12,074 | |
| Taxes, remuneration and social security | 45 | €15,614 | €15,918 | +€304 | +1.9% |
| Taxes | 450/3 | €15,614 | €15,918 | +€304 | +1.9% |
| Other amounts payable | 47/48 | - | €28,447 | +€28,447 | |
| Accrued charges and deferred income | 492/3 | €1,953 | €3,766 | +€1,813 | +92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,106 | €1,783 | +€676 | +61.1% |
| Other operating charges | 640/8 | €529 | €2,155 | +€1,626 | +307.1% |
| Gross operating margin | 9900 | €20,773 | €10,917 | -€9,857 | -47.4% |
| Operating profit (loss) | 9901 | €19,137 | €6,979 | -€12,159 | -63.5% |
| Financial income | 75/76B | €32,701 | €25,762 | -€6,939 | -21.2% |
| Recurring financial income | 75 | €32,701 | €25,324 | -€7,377 | -22.6% |
| Non-recurring financial income | 76B | - | €438 | +€438 | |
| Financial charges | 65/66B | €6,204 | €4,651 | -€1,553 | -25.0% |
| Recurring financial charges | 65 | €5,043 | €4,593 | -€450 | -8.9% |
| Non-recurring financial charges | 66B | €1,161 | €58 | -€1,103 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | €45,634 | €28,090 | -€17,544 | -38.4% |
| Income taxes | 67/77 | €6,066 | €4,598 | -€1,468 | -24.2% |
| Profit (loss) for the period | 9904 | €39,568 | €23,491 | -€16,076 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,568 | €23,491 | -€16,076 | -40.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.