SYNT: 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.
SYNT
Largest movements
- Intangible fixed assets +€43,312
up €43,312 (+40.7%), from €106,544 to €149,857
- Receivables within one year -€21,089
down €21,089 (-25.4%), from €83,103 to €62,015
of which Trade receivables: -€17,386
- Cash +€9,144
up €9,144 (+1,768%), from €517 to €9,661
mainly Other debts (+€95,440) and Trade debts (+€24,024)
- Profit (loss) carried forward -€97,785
down €97,785 (-215%), from -€45,409 to -€143,194
- Other debts +€95,440
up €95,440 (+58.8%), from €162,300 to €257,740
- Trade debts +€24,024
up €24,024 (+49.6%), from €48,400 to €72,424
- Accrued charges and deferred income +€5,765
up €5,765 (+30.2%), from €19,083 to €24,847
- Tax, wage and social debts +€4,269
up €4,269 (+178%), from €2,405 to €6,673
of which Remuneration and social security: +€4,142
- Gross operating margin -€49,709
down €49,709, from €39,526 to -€10,183
- Staff costs +€39,648
up €39,648 (+182%), from €21,742 to €61,390
- Depreciation +€5,295
up €5,295 (+39.3%), from €13,472 to €18,767
- Financial charges -€3,947
down €3,947 (-38.5%), from €10,263 to €6,316
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 | €191,778 | €223,490 | +€31,713 | +16.5% |
| Fixed assets | 21/28 | €108,157 | €150,893 | +€42,736 | +39.5% |
| Intangible fixed assets | 21 | €106,544 | €149,857 | +€43,312 | +40.7% |
| Tangible fixed assets | 22/27 | €1,613 | €1,036 | -€577 | -35.8% |
| Furniture and vehicles | 24 | €1,613 | €1,036 | -€577 | -35.8% |
| Current assets | 29/58 | €83,621 | €72,597 | -€11,023 | -13.2% |
| Amounts receivable within one year | 40/41 | €83,103 | €62,015 | -€21,089 | -25.4% |
| Trade receivables | 40 | €75,721 | €58,335 | -€17,386 | -23.0% |
| Other amounts receivable | 41 | €7,383 | €3,680 | -€3,703 | -50.2% |
| Cash at bank and in hand | 54/58 | €517 | €9,661 | +€9,144 | +1,768% |
| Deferred charges and accrued income | 490/1 | - | €922 | +€922 | |
| Total equity and liabilities | 10/49 | €191,778 | €223,490 | +€31,713 | +16.5% |
| Equity | 10/15 | -€40,409 | -€138,194 | -€97,785 | -242% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,409 | -€143,194 | -€97,785 | -215% |
| Amounts payable | 17/49 | €232,187 | €361,684 | +€129,497 | +55.8% |
| Amounts payable within one year | 42/48 | €213,104 | €336,837 | +€123,733 | +58.1% |
| Trade debts | 44 | €48,400 | €72,424 | +€24,024 | +49.6% |
| Suppliers | 440/4 | €48,400 | €72,424 | +€24,024 | +49.6% |
| Taxes, remuneration and social security | 45 | €2,405 | €6,673 | +€4,269 | +178% |
| Taxes | 450/3 | - | €126 | +€126 | |
| Remuneration and social security | 454/9 | €2,405 | €6,547 | +€4,142 | +172% |
| Other amounts payable | 47/48 | €162,300 | €257,740 | +€95,440 | +58.8% |
| Accrued charges and deferred income | 492/3 | €19,083 | €24,847 | +€5,765 | +30.2% |
| Remuneration, social security and pensions | 62 | €21,742 | €61,390 | +€39,648 | +182% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,472 | €18,767 | +€5,295 | +39.3% |
| Other operating charges | 640/8 | €626 | €1,003 | +€377 | +60.2% |
| Gross operating margin | 9900 | €39,526 | -€10,183 | -€49,709 | |
| Operating profit (loss) | 9901 | €3,686 | -€91,343 | -€95,028 | |
| Financial charges | 65/66B | €10,263 | €6,316 | -€3,947 | -38.5% |
| Recurring financial charges | 65 | €10,263 | €6,316 | -€3,947 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,577 | -€97,658 | -€91,082 | -1,385% |
| Income taxes | 67/77 | - | €126 | +€126 | |
| Profit (loss) for the period | 9904 | -€6,577 | -€97,785 | -€91,208 | -1,387% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,577 | -€97,785 | -€91,208 | -1,387% |
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 14 October 2026 via checked.be.