SYNTACKS: 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.
SYNTACKS
Largest movements
- Cash -€122,149
down €122,149 (-62.2%), from €196,420 to €74,271
mainly Contributions, distributions and other (-€226,639) and Tax, wage and social debts (-€8,362)
- Deferred charges and accrued income -€3,926
down €3,926 (-82.6%), from €4,754 to €828
- Tangible fixed assets -€2,835
down €2,835 (-26.8%), from €10,577 to €7,742
of which Furniture and vehicles: -€3,960
- Receivables within one year +€2,570
up €2,570 (+11.7%), from €21,927 to €24,497
of which Other amounts receivable: +€2,421
- Profit (loss) carried forward -€146,888
down €146,888 (-68.5%), from €214,383 to €67,494
- Other debts +€27,280
up €27,280 (+4,183%), from €652 to €27,932
- Tax, wage and social debts -€8,362
down €8,362 (-48.3%), from €17,329 to €8,968
of which Taxes: -€6,262
- Gross operating margin -€29,823
down €29,823 (-22.5%), from €132,397 to €102,574
- Taxes +€3,611
up €3,611 (+28.8%), from €12,531 to €16,142
- Depreciation +€1,888
up €1,888 (+52.3%), from €3,611 to €5,499
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 | €233,679 | €107,339 | -€126,340 | -54.1% |
| Fixed assets | 21/28 | €10,577 | €7,742 | -€2,835 | -26.8% |
| Tangible fixed assets | 22/27 | €10,577 | €7,742 | -€2,835 | -26.8% |
| Furniture and vehicles | 24 | €10,577 | €6,617 | -€3,960 | -37.4% |
| Other tangible fixed assets | 26 | - | €1,125 | +€1,125 | |
| Current assets | 29/58 | €223,102 | €99,597 | -€123,505 | -55.4% |
| Amounts receivable within one year | 40/41 | €21,927 | €24,497 | +€2,570 | +11.7% |
| Trade receivables | 40 | €21,927 | €22,076 | +€148 | +0.7% |
| Other amounts receivable | 41 | - | €2,421 | +€2,421 | |
| Cash at bank and in hand | 54/58 | €196,420 | €74,271 | -€122,149 | -62.2% |
| Deferred charges and accrued income | 490/1 | €4,754 | €828 | -€3,926 | -82.6% |
| Total equity and liabilities | 10/49 | €233,679 | €107,339 | -€126,340 | -54.1% |
| Equity | 10/15 | €214,483 | €67,594 | -€146,888 | -68.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €214,383 | €67,494 | -€146,888 | -68.5% |
| Amounts payable | 17/49 | €19,196 | €39,744 | +€20,548 | +107% |
| Amounts payable within one year | 42/48 | €19,196 | €39,744 | +€20,548 | +107% |
| Trade debts | 44 | €1,215 | €2,844 | +€1,630 | +134% |
| Suppliers | 440/4 | €1,215 | €2,844 | +€1,630 | +134% |
| Taxes, remuneration and social security | 45 | €17,329 | €8,968 | -€8,362 | -48.3% |
| Taxes | 450/3 | €15,229 | €8,968 | -€6,262 | -41.1% |
| Remuneration and social security | 454/9 | €2,100 | - | -€2,100 | |
| Other amounts payable | 47/48 | €652 | €27,932 | +€27,280 | +4,183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,611 | €5,499 | +€1,888 | +52.3% |
| Other operating charges | 640/8 | €604 | €0 | -€604 | -100.0% |
| Gross operating margin | 9900 | €132,397 | €102,574 | -€29,823 | -22.5% |
| Operating profit (loss) | 9901 | €128,183 | €97,075 | -€31,108 | -24.3% |
| Financial income | 75/76B | €81 | €5 | -€75 | -93.5% |
| Recurring financial income | 75 | €81 | €5 | -€75 | -93.5% |
| Financial charges | 65/66B | €1,312 | €1,187 | -€124 | -9.5% |
| Recurring financial charges | 65 | €1,312 | €1,187 | -€124 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €126,952 | €95,893 | -€31,059 | -24.5% |
| Income taxes | 67/77 | €12,531 | €16,142 | +€3,611 | +28.8% |
| Profit (loss) for the period | 9904 | €114,421 | €79,751 | -€34,670 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €114,421 | €79,751 | -€34,670 | -30.3% |
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.