SYNTAXION: 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.
SYNTAXION
Largest movements
- Cash +€38,539
up €38,539 (+131.0%), from €29,428 to €67,967
mainly Depreciation (+€18,000) and Other debts (+€17,272)
- Tangible fixed assets -€18,000
down €18,000 (-10.1%), from €178,500 to €160,500
- Other debts +€17,272
up €17,272 (+108.1%), from €15,973 to €33,245
- Reserves +€10,442
up €10,442 (+8.1%), from €129,007 to €139,449
- Tax, wage and social debts -€7,175
down €7,175 (-90.3%), from €7,948 to €773
- Gross operating margin -€8,957
down €8,957 (-20.0%), from €44,792 to €35,835
- Taxes -€3,181
down €3,181 (-39.5%), from €8,054 to €4,873
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 | €207,928 | €228,467 | +€20,539 | +9.9% |
| Fixed assets | 21/28 | €178,500 | €160,500 | -€18,000 | -10.1% |
| Tangible fixed assets | 22/27 | €178,500 | €160,500 | -€18,000 | -10.1% |
| Other tangible fixed assets | 26 | €178,500 | €160,500 | -€18,000 | -10.1% |
| Current assets | 29/58 | €29,428 | €67,967 | +€38,539 | +131.0% |
| Cash at bank and in hand | 54/58 | €29,428 | €67,967 | +€38,539 | +131.0% |
| Total equity and liabilities | 10/49 | €207,928 | €228,467 | +€20,539 | +9.9% |
| Equity | 10/15 | €184,007 | €194,449 | +€10,442 | +5.7% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €129,007 | €139,449 | +€10,442 | +8.1% |
| Distributable reserves | 133 | €129,007 | €139,449 | +€10,442 | +8.1% |
| Amounts payable | 17/49 | €23,921 | €34,018 | +€10,097 | +42.2% |
| Amounts payable within one year | 42/48 | €23,921 | €34,018 | +€10,097 | +42.2% |
| Taxes, remuneration and social security | 45 | €7,948 | €773 | -€7,175 | -90.3% |
| Taxes | 450/3 | €7,948 | €773 | -€7,175 | -90.3% |
| Other amounts payable | 47/48 | €15,973 | €33,245 | +€17,272 | +108.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,000 | €18,000 | = | 0.0% |
| Other operating charges | 640/8 | €2,935 | €2,807 | -€128 | -4.4% |
| Gross operating margin | 9900 | €44,792 | €35,835 | -€8,957 | -20.0% |
| Operating profit (loss) | 9901 | €23,857 | €15,028 | -€8,829 | -37.0% |
| Financial income | 75/76B | €352 | €333 | -€19 | -5.4% |
| Recurring financial income | 75 | €352 | €333 | -€19 | -5.4% |
| Financial charges | 65/66B | €42 | €46 | +€4 | +9.5% |
| Recurring financial charges | 65 | €42 | €46 | +€4 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €24,167 | €15,315 | -€8,852 | -36.6% |
| Income taxes | 67/77 | €8,054 | €4,873 | -€3,181 | -39.5% |
| Profit (loss) for the period | 9904 | €16,113 | €10,442 | -€5,671 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,113 | €10,442 | -€5,671 | -35.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.