SYNRISE: 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.
SYNRISE
Largest movements
- Cash +€27,887
up €27,887 (+19.6%), from €142,633 to €170,521
mainly Net result for the year (+€31,979) and Tax, wage and social debts (+€2,976)
- Receivables within one year +€6,432
up €6,432 (+63.9%), from €10,067 to €16,499
- Reserves +€17,213
up €17,213 (+11.6%), from €148,261 to €165,474
- Profit (loss) carried forward +€14,766
no longer reported in 2025 (was -€14,766)
- Tax, wage and social debts +€2,976
up €2,976 (+41.1%), from €7,237 to €10,212
- Gross operating margin +€26,819
up €26,819 (+167%), from €16,085 to €42,904
- Taxes +€8,615
up €8,615 (+6,175%), from €140 to €8,754
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 | €155,451 | €190,451 | +€35,000 | +22.5% |
| Fixed assets | 21/28 | €2,750 | €2,431 | -€319 | -11.6% |
| Tangible fixed assets | 22/27 | €2,750 | €2,431 | -€319 | -11.6% |
| Furniture and vehicles | 24 | €2,750 | €2,431 | -€319 | -11.6% |
| Current assets | 29/58 | €152,701 | €188,020 | +€35,319 | +23.1% |
| Amounts receivable within one year | 40/41 | €10,067 | €16,499 | +€6,432 | +63.9% |
| Trade receivables | 40 | €10,067 | €16,499 | +€6,432 | +63.9% |
| Current investments | 50/53 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €142,633 | €170,521 | +€27,887 | +19.6% |
| Total equity and liabilities | 10/49 | €155,451 | €190,451 | +€35,000 | +22.5% |
| Equity | 10/15 | €139,695 | €171,674 | +€31,979 | +22.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €148,261 | €165,474 | +€17,213 | +11.6% |
| Distributable reserves | 133 | €148,261 | €165,474 | +€17,213 | +11.6% |
| Profit (loss) carried forward | 14 | -€14,766 | - | +€14,766 | |
| Amounts payable | 17/49 | €15,756 | €18,777 | +€3,021 | +19.2% |
| Amounts payable within one year | 42/48 | €15,756 | €18,777 | +€3,021 | +19.2% |
| Trade debts | 44 | €723 | - | -€723 | |
| Suppliers | 440/4 | €723 | - | -€723 | |
| Taxes, remuneration and social security | 45 | €7,237 | €10,212 | +€2,976 | +41.1% |
| Taxes | 450/3 | €7,237 | €10,212 | +€2,976 | +41.1% |
| Other amounts payable | 47/48 | €7,796 | €8,564 | +€768 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,373 | €1,453 | +€80 | +5.8% |
| Other operating charges | 640/8 | €492 | €673 | +€181 | +36.7% |
| Gross operating margin | 9900 | €16,085 | €42,904 | +€26,819 | +167% |
| Operating profit (loss) | 9901 | €14,220 | €40,778 | +€26,558 | +187% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €14,177 | €40,733 | +€26,557 | +187% |
| Income taxes | 67/77 | €140 | €8,754 | +€8,615 | +6,175% |
| Profit (loss) for the period | 9904 | €14,037 | €31,979 | +€17,942 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €14,037 | €31,979 | +€17,942 | +128% |
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 22 October 2026 via checked.be.