Synrgy: 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.
Synrgy
Largest movements
- Receivables within one year +€26,819
up €26,819 (+219%), from €12,262 to €39,081
of which Trade receivables: +€26,819
- Tangible fixed assets -€8,425
down €8,425 (-31.2%), from €26,965 to €18,540
of which Furniture and vehicles: -€11,110
- Current investments +€5,053
new in 2025: €5,053
- Cash -€1,944
down €1,944 (-2.0%), from €99,111 to €97,166
mainly Contributions, distributions and other (-€45,508) and Receivables within one year (-€26,819)
- Deferred charges and accrued income +€1,730
up €1,730 (+216%), from €802 to €2,532
- Other debts +€46,441
up €46,441 (+3,518%), from €1,320 to €47,761
- Current portion of long-term debt -€13,513
down €13,513 (-100%), from €13,513 to €0
- Tax, wage and social debts -€10,783
down €10,783 (-40.3%), from €26,764 to €15,981
of which Taxes: -€10,533
- Gross operating margin +€33,110
up €33,110 (+81.9%), from €40,426 to €73,536
- Taxes +€6,510
up €6,510 (+115%), from €5,665 to €12,175
- Depreciation +€1,338
up €1,338 (+10.6%), from €12,658 to €13,996
- Other operating charges +€872
up €872 (+190%), from €460 to €1,332
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 | €139,141 | €162,372 | +€23,231 | +16.7% |
| Fixed assets | 21/28 | €26,965 | €18,540 | -€8,425 | -31.2% |
| Tangible fixed assets | 22/27 | €26,965 | €18,540 | -€8,425 | -31.2% |
| Plant, machinery and equipment | 23 | €1,274 | €3,959 | +€2,685 | +211% |
| Furniture and vehicles | 24 | €25,691 | €14,581 | -€11,110 | -43.2% |
| Current assets | 29/58 | €112,176 | €143,832 | +€31,656 | +28.2% |
| Amounts receivable within one year | 40/41 | €12,262 | €39,081 | +€26,819 | +219% |
| Trade receivables | 40 | €12,028 | €38,846 | +€26,819 | +223% |
| Other amounts receivable | 41 | €235 | €235 | = | 0.0% |
| Current investments | 50/53 | - | €5,053 | +€5,053 | |
| Cash at bank and in hand | 54/58 | €99,111 | €97,166 | -€1,944 | -2.0% |
| Deferred charges and accrued income | 490/1 | €802 | €2,532 | +€1,730 | +216% |
| Total equity and liabilities | 10/49 | €139,141 | €162,372 | +€23,231 | +16.7% |
| Equity | 10/15 | €97,112 | €97,112 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €95,112 | €95,112 | = | 0.0% |
| Distributable reserves | 133 | €95,112 | €95,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,029 | €65,260 | +€23,231 | +55.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €42,029 | €65,260 | +€23,231 | +55.3% |
| Current portion of amounts payable after more than one year | 42 | €13,513 | €0 | -€13,513 | -100% |
| Trade debts | 44 | €431 | €1,517 | +€1,086 | +252% |
| Suppliers | 440/4 | €431 | €1,517 | +€1,086 | +252% |
| Taxes, remuneration and social security | 45 | €26,764 | €15,981 | -€10,783 | -40.3% |
| Taxes | 450/3 | €24,051 | €13,519 | -€10,533 | -43.8% |
| Remuneration and social security | 454/9 | €2,713 | €2,462 | -€251 | -9.2% |
| Other amounts payable | 47/48 | €1,320 | €47,761 | +€46,441 | +3,518% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,658 | €13,996 | +€1,338 | +10.6% |
| Other operating charges | 640/8 | €460 | €1,332 | +€872 | +190% |
| Gross operating margin | 9900 | €40,426 | €73,536 | +€33,110 | +81.9% |
| Operating profit (loss) | 9901 | €27,308 | €58,208 | +€30,900 | +113% |
| Financial income | 75/76B | €18 | €24 | +€6 | +31.8% |
| Recurring financial income | 75 | €18 | €24 | +€6 | +31.8% |
| Financial charges | 65/66B | €715 | €549 | -€166 | -23.3% |
| Recurring financial charges | 65 | €715 | €549 | -€166 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €26,611 | €57,684 | +€31,072 | +117% |
| Income taxes | 67/77 | €5,665 | €12,175 | +€6,510 | +115% |
| Profit (loss) for the period | 9904 | €20,946 | €45,508 | +€24,562 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €20,946 | €45,508 | +€24,562 | +117% |
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 13 October 2026 via checked.be.