SYNTACKX: 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.
SYNTACKX
Largest movements
- Receivables within one year +€42,754
up €42,754 (+212.1%), from €20,159 to €62,913
- Cash -€25,337
down €25,337 (-25.3%), from €100,287 to €74,950
mainly Contributions, distributions and other (-€169,070) and Receivables within one year (-€42,754)
- Tangible fixed assets -€21,181
down €21,181 (-25.2%), from €84,011 to €62,831
of which Furniture and vehicles: -€19,642
- Other debts +€73,478
up €73,478 (+85.1%), from €86,301 to €159,779
- Reserves -€66,562
down €66,562 (-100.0%), from €66,562 to €0
- Debts after one year -€12,776
down €12,776 (-51.2%), from €24,935 to €12,159
- Gross operating margin +€50,893
up €50,893 (+44.3%), from €114,829 to €165,722
- Taxes +€14,093
up €14,093 (+76.0%), from €18,540 to €32,633
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 | €208,847 | €205,275 | -€3,572 | -1.7% |
| Fixed assets | 21/28 | €84,011 | €62,831 | -€21,181 | -25.2% |
| Tangible fixed assets | 22/27 | €84,011 | €62,831 | -€21,181 | -25.2% |
| Plant, machinery and equipment | 23 | €360 | €248 | -€113 | -31.2% |
| Furniture and vehicles | 24 | €62,441 | €42,799 | -€19,642 | -31.5% |
| Other tangible fixed assets | 26 | €21,210 | €19,784 | -€1,426 | -6.7% |
| Current assets | 29/58 | €124,835 | €142,444 | +€17,609 | +14.1% |
| Amounts receivable within one year | 40/41 | €20,159 | €62,913 | +€42,754 | +212.1% |
| Trade receivables | 40 | €20,159 | €62,913 | +€42,754 | +212.1% |
| Cash at bank and in hand | 54/58 | €100,287 | €74,950 | -€25,337 | -25.3% |
| Deferred charges and accrued income | 490/1 | €4,390 | €4,582 | +€192 | +4.4% |
| Total equity and liabilities | 10/49 | €208,847 | €205,275 | -€3,572 | -1.7% |
| Equity | 10/15 | €71,562 | €5,000 | -€66,562 | -93.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €66,562 | €0 | -€66,562 | -100.0% |
| Distributable reserves | 133 | €66,562 | €0 | -€66,562 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €137,285 | €200,275 | +€62,990 | +45.9% |
| Amounts payable after more than one year | 17 | €24,935 | €12,159 | -€12,776 | -51.2% |
| Financial debts | 170/4 | €24,935 | €12,159 | -€12,776 | -51.2% |
| Amounts payable within one year | 42/48 | €112,350 | €188,116 | +€75,767 | +67.4% |
| Current portion of amounts payable after more than one year | 42 | €12,286 | €12,776 | +€490 | +4.0% |
| Trade debts | 44 | €644 | €1,051 | +€407 | +63.2% |
| Suppliers | 440/4 | €644 | €1,051 | +€407 | +63.2% |
| Taxes, remuneration and social security | 45 | €13,118 | €14,510 | +€1,392 | +10.6% |
| Taxes | 450/3 | €13,118 | €14,510 | +€1,392 | +10.6% |
| Other amounts payable | 47/48 | €86,301 | €159,779 | +€73,478 | +85.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,845 | €24,420 | +€575 | +2.4% |
| Other operating charges | 640/8 | €4,082 | €4,774 | +€692 | +16.9% |
| Non-recurring operating charges | 66A | - | €108 | +€108 | |
| Gross operating margin | 9900 | €114,829 | €165,722 | +€50,893 | +44.3% |
| Operating profit (loss) | 9901 | €86,902 | €136,420 | +€49,519 | +57.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +200.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200.0% |
| Financial charges | 65/66B | €1,800 | €1,280 | -€520 | -28.9% |
| Recurring financial charges | 65 | €1,800 | €1,280 | -€520 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €85,102 | €135,141 | +€50,039 | +58.8% |
| Income taxes | 67/77 | €18,540 | €32,633 | +€14,093 | +76.0% |
| Profit (loss) for the period | 9904 | €66,562 | €102,508 | +€35,946 | +54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,562 | €102,508 | +€35,946 | +54.0% |
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 5 October 2026 via checked.be.