Synsei: 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.
Synsei
Largest movements
- Receivables within one year -€7,135
down €7,135 (-35.4%), from €20,135 to €13,000
of which Trade receivables: -€9,667
- Cash +€4,037
up €4,037 (+3.7%), from €107,946 to €111,983
mainly Net result for the year (+€35,969) and Receivables within one year (+€7,135)
- Tangible fixed assets -€2,072
down €2,072 (-26.9%), from €7,699 to €5,626
of which Plant, machinery and equipment: -€1,204
- Short-term financial debts -€2,528
down €2,528 (-94.3%), from €2,681 to €153
- Reserves -€2,472
down €2,472 (-1.9%), from €128,246 to €125,774
of which Distributable reserves: -€2,472
- Trade debts -€1,917
down €1,917 (-65.0%), from €2,950 to €1,034
- Other debts +€1,749
up €1,749, from €0 to €1,749
- Gross operating margin -€5,917
down €5,917 (-9.9%), from €59,581 to €53,665
- Taxes -€1,756
down €1,756 (-11.1%), from €15,783 to €14,028
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 | €150,779 | €145,609 | -€5,171 | -3.4% |
| Fixed assets | 21/28 | €22,699 | €20,626 | -€2,072 | -9.1% |
| Tangible fixed assets | 22/27 | €7,699 | €5,626 | -€2,072 | -26.9% |
| Plant, machinery and equipment | 23 | €4,615 | €3,411 | -€1,204 | -26.1% |
| Furniture and vehicles | 24 | €3,084 | €2,216 | -€868 | -28.2% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €128,081 | €124,982 | -€3,098 | -2.4% |
| Amounts receivable within one year | 40/41 | €20,135 | €13,000 | -€7,135 | -35.4% |
| Trade receivables | 40 | €16,348 | €6,681 | -€9,667 | -59.1% |
| Other amounts receivable | 41 | €3,787 | €6,319 | +€2,532 | +66.9% |
| Cash at bank and in hand | 54/58 | €107,946 | €111,983 | +€4,037 | +3.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €150,779 | €145,609 | -€5,171 | -3.4% |
| Equity | 10/15 | €134,446 | €131,974 | -€2,472 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €128,246 | €125,774 | -€2,472 | -1.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €128,246 | €125,774 | -€2,472 | -1.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,333 | €13,635 | -€2,699 | -16.5% |
| Amounts payable within one year | 42/48 | €16,333 | €13,635 | -€2,699 | -16.5% |
| Financial debts | 43 | €2,681 | €153 | -€2,528 | -94.3% |
| Credit institutions | 430/8 | €2,681 | €153 | -€2,528 | -94.3% |
| Trade debts | 44 | €2,950 | €1,034 | -€1,917 | -65.0% |
| Suppliers | 440/4 | €2,950 | €1,034 | -€1,917 | -65.0% |
| Taxes, remuneration and social security | 45 | €10,702 | €10,699 | -€3 | 0.0% |
| Taxes | 450/3 | €10,702 | €10,699 | -€3 | 0.0% |
| Other amounts payable | 47/48 | €0 | €1,749 | +€1,749 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,219 | €3,229 | +€10 | +0.3% |
| Other operating charges | 640/8 | €132 | €132 | = | 0.0% |
| Gross operating margin | 9900 | €59,581 | €53,665 | -€5,917 | -9.9% |
| Operating profit (loss) | 9901 | €56,231 | €50,304 | -€5,926 | -10.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +9,900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +9,900% |
| Financial charges | 65/66B | €487 | €308 | -€178 | -36.6% |
| Recurring financial charges | 65 | €487 | €308 | -€178 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €55,744 | €49,997 | -€5,747 | -10.3% |
| Income taxes | 67/77 | €15,783 | €14,028 | -€1,756 | -11.1% |
| Profit (loss) for the period | 9904 | €39,961 | €35,969 | -€3,991 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,961 | €35,969 | -€3,991 | -10.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.