SynSec: 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.
SynSec
Largest movements
- Cash -€10,568
down €10,568 (-85.1%), from €12,421 to €1,853
mainly Net result for the year (-€5,999) and Receivables within one year (-€4,589)
- Receivables within one year +€4,589
up €4,589 (+79944.4%), from €6 to €4,595
- Profit (loss) carried forward -€5,999
down €5,999 (-47.6%), from -€12,592 to -€18,591
- Gross operating margin +€6,777
up €6,777 (+54.2%), from -€12,513 to -€5,736
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 | €12,694 | €6,743 | -€5,951 | -46.9% |
| Current assets | 29/58 | €12,694 | €6,743 | -€5,951 | -46.9% |
| Amounts receivable within one year | 40/41 | €6 | €4,595 | +€4,589 | +79944.4% |
| Other amounts receivable | 41 | €6 | €4,595 | +€4,589 | +79944.4% |
| Cash at bank and in hand | 54/58 | €12,421 | €1,853 | -€10,568 | -85.1% |
| Deferred charges and accrued income | 490/1 | €267 | €295 | +€28 | +10.5% |
| Total equity and liabilities | 10/49 | €12,694 | €6,743 | -€5,951 | -46.9% |
| Equity | 10/15 | €12,408 | €6,409 | -€5,999 | -48.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,592 | -€18,591 | -€5,999 | -47.6% |
| Amounts payable | 17/49 | €287 | €334 | +€48 | +16.6% |
| Amounts payable within one year | 42/48 | €287 | €334 | +€48 | +16.6% |
| Trade debts | 44 | €287 | €334 | +€48 | +16.6% |
| Suppliers | 440/4 | €287 | €334 | +€48 | +16.6% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | -€12,513 | -€5,736 | +€6,777 | +54.2% |
| Operating profit (loss) | 9901 | -€12,513 | -€5,856 | +€6,657 | +53.2% |
| Financial charges | 65/66B | €80 | €143 | +€63 | +79.5% |
| Recurring financial charges | 65 | €80 | €143 | +€63 | +79.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,592 | -€5,999 | +€6,594 | +52.4% |
| Profit (loss) for the period | 9904 | -€12,592 | -€5,999 | +€6,594 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,592 | -€5,999 | +€6,594 | +52.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.