SYNOVUM ICT SOLUTIONS: 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.
SYNOVUM ICT SOLUTIONS
Largest movements
- Cash -€30,021
down €30,021 (-29.3%), from €102,474 to €72,453
mainly Other debts (-€46,000) and Debts after one year (-€18,380)
- Tangible fixed assets -€12,746
down €12,746 (-33.5%), from €38,036 to €25,289
of which Leasing and similar rights: -€12,559
- Other debts -€46,000
down €46,000 (-94.9%), from €48,461 to €2,461
- Debts after one year -€18,380
down €18,380 (-100%), from €18,380 to €0
- Profit (loss) carried forward +€12,651
up €12,651 (+11.3%), from €111,566 to €124,217
- Trade debts +€7,988
up €7,988 (+10.2%), from €77,998 to €85,986
- Tax, wage and social debts -€6,971
down €6,971 (-17.4%), from €40,013 to €33,042
of which Taxes: -€6,798
- Gross operating margin -€46,750
down €46,750 (-32.1%), from €145,434 to €98,684
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.
Derived cash bridge
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 | €321,596 | €277,708 | -€43,888 | -13.6% |
| Fixed assets | 21/28 | €45,375 | €32,629 | -€12,746 | -28.1% |
| Tangible fixed assets | 22/27 | €38,036 | €25,289 | -€12,746 | -33.5% |
| Plant, machinery and equipment | 23 | €188 | €0 | -€188 | -100% |
| Leasing and similar rights | 25 | €37,848 | €25,289 | -€12,559 | -33.2% |
| Financial fixed assets | 28 | €7,339 | €7,339 | = | 0.0% |
| Current assets | 29/58 | €276,221 | €245,079 | -€31,142 | -11.3% |
| Amounts receivable within one year | 40/41 | €170,196 | €169,297 | -€899 | -0.5% |
| Trade receivables | 40 | €168,542 | €169,215 | +€673 | +0.4% |
| Other amounts receivable | 41 | €1,654 | €82 | -€1,572 | -95.0% |
| Cash at bank and in hand | 54/58 | €102,474 | €72,453 | -€30,021 | -29.3% |
| Deferred charges and accrued income | 490/1 | €3,550 | €3,329 | -€221 | -6.2% |
| Total equity and liabilities | 10/49 | €321,596 | €277,708 | -€43,888 | -13.6% |
| Equity | 10/15 | €119,626 | €132,277 | +€12,651 | +10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,566 | €124,217 | +€12,651 | +11.3% |
| Amounts payable | 17/49 | €201,970 | €145,431 | -€56,539 | -28.0% |
| Amounts payable after more than one year | 17 | €18,380 | €0 | -€18,380 | -100% |
| Financial debts | 170/4 | €18,380 | €0 | -€18,380 | -100% |
| Amounts payable within one year | 42/48 | €180,590 | €139,431 | -€41,159 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €14,067 | €17,079 | +€3,011 | +21.4% |
| Financial debts | 43 | €50 | €863 | +€813 | +1,628% |
| Credit institutions | 430/8 | €50 | €863 | +€813 | +1,628% |
| Trade debts | 44 | €77,998 | €85,986 | +€7,988 | +10.2% |
| Suppliers | 440/4 | €77,998 | €85,986 | +€7,988 | +10.2% |
| Taxes, remuneration and social security | 45 | €40,013 | €33,042 | -€6,971 | -17.4% |
| Taxes | 450/3 | €25,441 | €18,642 | -€6,798 | -26.7% |
| Remuneration and social security | 454/9 | €14,572 | €14,400 | -€173 | -1.2% |
| Other amounts payable | 47/48 | €48,461 | €2,461 | -€46,000 | -94.9% |
| Accrued charges and deferred income | 492/3 | €3,000 | €6,000 | +€3,000 | +100% |
| Remuneration, social security and pensions | 62 | €61,815 | €63,069 | +€1,253 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,111 | €12,746 | -€1,365 | -9.7% |
| Other operating charges | 640/8 | €3,938 | €3,211 | -€728 | -18.5% |
| Gross operating margin | 9900 | €145,434 | €98,684 | -€46,750 | -32.1% |
| Operating profit (loss) | 9901 | €65,569 | €19,658 | -€45,911 | -70.0% |
| Financial income | 75/76B | €497 | €335 | -€162 | -32.6% |
| Recurring financial income | 75 | €497 | €335 | -€162 | -32.6% |
| Financial charges | 65/66B | €2,229 | €1,157 | -€1,072 | -48.1% |
| Recurring financial charges | 65 | €2,229 | €1,157 | -€1,072 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €63,838 | €18,837 | -€45,001 | -70.5% |
| Income taxes | 67/77 | €6,067 | €6,185 | +€118 | +1.9% |
| Profit (loss) for the period | 9904 | €57,771 | €12,651 | -€45,119 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,771 | €12,651 | -€45,119 | -78.1% |
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 31 October 2026 via checked.be.