SYNTEGRATION: 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.
SYNTEGRATION
Largest movements
- Cash +€13,642
up €13,642 (+45.2%), from €30,166 to €43,808
mainly Other debts (+€23,095) and Receivables after one year (+€5,699)
- Receivables after one year -€5,699
down €5,699 (-24.0%), from €23,791 to €18,092
- Deferred charges and accrued income -€5,023
down €5,023 (-17.7%), from €28,401 to €23,378
- Intangible fixed assets -€4,780
down €4,780 (-100.0%), from €4,780 to €0
- Receivables within one year -€2,324
down €2,324 (-12.6%), from €18,391 to €16,067
of which Other amounts receivable: -€3,632
- Reserves -€31,731
down €31,731 (-20.1%), from €157,919 to €126,188
of which Distributable reserves: -€29,871
- Other debts +€23,095
up €23,095 (+9453.0%), from €244 to €23,339
- Trade debts +€4,629
up €4,629 (+153.2%), from €3,021 to €7,650
- Gross operating margin +€74,079
up €74,079 (+95.6%), from -€77,500 to -€3,421
- Depreciation -€2,809
down €2,809 (-33.6%), from €8,370 to €5,561
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 | €184,584 | €181,243 | -€3,342 | -1.8% |
| Fixed assets | 21/28 | €5,718 | €1,328 | -€4,390 | -76.8% |
| Intangible fixed assets | 21 | €4,780 | €0 | -€4,780 | -100.0% |
| Tangible fixed assets | 22/27 | €688 | €828 | +€141 | +20.4% |
| Plant, machinery and equipment | 23 | €489 | €66 | -€423 | -86.5% |
| Furniture and vehicles | 24 | - | €762 | +€762 | |
| Other tangible fixed assets | 26 | €199 | €0 | -€199 | -100.0% |
| Financial fixed assets | 28 | €250 | €500 | +€250 | +100.0% |
| Current assets | 29/58 | €178,866 | €179,914 | +€1,048 | +0.6% |
| Amounts receivable after more than one year | 29 | €23,791 | €18,092 | -€5,699 | -24.0% |
| Other amounts receivable | 291 | €23,791 | €18,092 | -€5,699 | -24.0% |
| Stocks and contracts in progress | 3 | €1,167 | €900 | -€267 | -22.9% |
| Stocks | 30/36 | €1,167 | €900 | -€267 | -22.9% |
| Amounts receivable within one year | 40/41 | €18,391 | €16,067 | -€2,324 | -12.6% |
| Trade receivables | 40 | €9,060 | €10,368 | +€1,308 | +14.4% |
| Other amounts receivable | 41 | €9,331 | €5,699 | -€3,632 | -38.9% |
| Current investments | 50/53 | €76,950 | €77,669 | +€720 | +0.9% |
| Cash at bank and in hand | 54/58 | €30,166 | €43,808 | +€13,642 | +45.2% |
| Deferred charges and accrued income | 490/1 | €28,401 | €23,378 | -€5,023 | -17.7% |
| Total equity and liabilities | 10/49 | €184,584 | €181,243 | -€3,342 | -1.8% |
| Equity | 10/15 | €176,519 | €144,788 | -€31,731 | -18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,919 | €126,188 | -€31,731 | -20.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €156,059 | €126,188 | -€29,871 | -19.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,065 | €36,455 | +€28,389 | +352.0% |
| Amounts payable within one year | 42/48 | €8,065 | €36,455 | +€28,389 | +352.0% |
| Trade debts | 44 | €3,021 | €7,650 | +€4,629 | +153.2% |
| Suppliers | 440/4 | €3,021 | €7,650 | +€4,629 | +153.2% |
| Taxes, remuneration and social security | 45 | €4,800 | €5,466 | +€666 | +13.9% |
| Taxes | 450/3 | €4,800 | €5,466 | +€666 | +13.9% |
| Other amounts payable | 47/48 | €244 | €23,339 | +€23,095 | +9453.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,370 | €5,561 | -€2,809 | -33.6% |
| Other operating charges | 640/8 | €1,274 | €1,192 | -€82 | -6.4% |
| Gross operating margin | 9900 | -€77,500 | -€3,421 | +€74,079 | +95.6% |
| Operating profit (loss) | 9901 | -€87,144 | -€10,174 | +€76,970 | +88.3% |
| Financial income | 75/76B | €2,201 | €1,641 | -€560 | -25.4% |
| Recurring financial income | 75 | €2,201 | €1,641 | -€560 | -25.4% |
| Financial charges | 65/66B | €183 | €330 | +€148 | +80.7% |
| Recurring financial charges | 65 | €183 | €330 | +€148 | +80.7% |
| Profit (loss) for the period before taxes | 9903 | -€85,126 | -€8,864 | +€76,263 | +89.6% |
| Income taxes | 67/77 | €289 | €274 | -€14 | -5.0% |
| Profit (loss) for the period | 9904 | -€85,415 | -€9,138 | +€76,277 | +89.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,415 | -€9,138 | +€76,277 | +89.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.