SYNTECKS: 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.
SYNTECKS
Largest movements
- Cash +€92,329
up €92,329 (+104%), from €88,435 to €180,764
mainly Other debts (+€172,000) and Net result for the year (+€51,117)
- Receivables within one year -€23,851
down €23,851 (-40.3%), from €59,131 to €35,280
of which Trade receivables: -€21,435
- Other debts +€172,000
new in 2025: €172,000
- Profit (loss) carried forward -€120,883
down €120,883 (-95.7%), from €126,328 to €5,445
- Tax, wage and social debts +€13,799
up €13,799 (+30.1%), from €45,778 to €59,577
of which Taxes: +€10,961
- Gross operating margin -€26,616
down €26,616 (-20.4%), from €130,430 to €103,815
- Staff costs +€7,877
up €7,877 (+31.1%), from €25,327 to €33,204
- Taxes -€7,449
down €7,449 (-35.6%), from €20,900 to €13,451
- Depreciation +€2,049
up €2,049 (+103%), from €1,994 to €4,043
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 | €175,236 | €241,587 | +€66,351 | +37.9% |
| Fixed assets | 21/28 | €27,670 | €25,544 | -€2,126 | -7.7% |
| Tangible fixed assets | 22/27 | €27,670 | €25,544 | -€2,126 | -7.7% |
| Furniture and vehicles | 24 | €2,342 | €2,992 | +€650 | +27.7% |
| Other tangible fixed assets | 26 | €25,328 | €22,552 | -€2,776 | -11.0% |
| Current assets | 29/58 | €147,566 | €216,044 | +€68,478 | +46.4% |
| Amounts receivable within one year | 40/41 | €59,131 | €35,280 | -€23,851 | -40.3% |
| Trade receivables | 40 | €36,171 | €14,736 | -€21,435 | -59.3% |
| Other amounts receivable | 41 | €22,960 | €20,544 | -€2,416 | -10.5% |
| Cash at bank and in hand | 54/58 | €88,435 | €180,764 | +€92,329 | +104% |
| Total equity and liabilities | 10/49 | €175,236 | €241,587 | +€66,351 | +37.9% |
| Equity | 10/15 | €128,328 | €7,445 | -€120,883 | -94.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €126,328 | €5,445 | -€120,883 | -95.7% |
| Amounts payable | 17/49 | €46,908 | €234,142 | +€187,234 | +399% |
| Amounts payable within one year | 42/48 | €46,908 | €234,142 | +€187,234 | +399% |
| Trade debts | 44 | €1,130 | €2,565 | +€1,435 | +127% |
| Suppliers | 440/4 | €1,130 | €2,565 | +€1,435 | +127% |
| Taxes, remuneration and social security | 45 | €45,778 | €59,577 | +€13,799 | +30.1% |
| Taxes | 450/3 | €42,004 | €52,965 | +€10,961 | +26.1% |
| Remuneration and social security | 454/9 | €3,774 | €6,612 | +€2,838 | +75.2% |
| Other amounts payable | 47/48 | - | €172,000 | +€172,000 | |
| Remuneration, social security and pensions | 62 | €25,327 | €33,204 | +€7,877 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,994 | €4,043 | +€2,049 | +103% |
| Other operating charges | 640/8 | €884 | €1,883 | +€999 | +113% |
| Gross operating margin | 9900 | €130,430 | €103,815 | -€26,616 | -20.4% |
| Operating profit (loss) | 9901 | €102,225 | €64,685 | -€37,540 | -36.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €314 | €117 | -€197 | -62.6% |
| Recurring financial charges | 65 | €314 | €117 | -€197 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | €101,911 | €64,568 | -€37,343 | -36.6% |
| Income taxes | 67/77 | €20,900 | €13,451 | -€7,449 | -35.6% |
| Profit (loss) for the period | 9904 | €81,011 | €51,117 | -€29,894 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €81,011 | €51,117 | -€29,894 | -36.9% |
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 23 October 2026 via checked.be.