SYNTELLIGEN: 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.
SYNTELLIGEN
Largest movements
- Receivables within one year +€19.0m
up €19.0m (+10439.0%), from €181,818 to €19.2m
of which Trade receivables: +€15.8m
- Cash +€2.5m
up €2.5m (+1776548.7%), from €141 to €2.5m
- Trade debts +€13.3m
up €13.3m (+21082.3%), from €63,220 to €13.4m
- Tax, wage and social debts +€4.6m
up €4.6m (+206695.1%), from €2,232 to €4.6m
- Profit (loss) carried forward +€2.2m
up €2.2m (+5934.7%), from €36,372 to €2.2m
- Other debts +€1.4m
up €1.4m (+1858.1%), from €74,808 to €1.5m
- Gross operating margin +€5.4m
up €5.4m (+60282.1%), from €8,986 to €5.4m
- Taxes +€1.5m
up €1.5m (+64872.3%), from €2,243 to €1.5m
- Financial income +€105,133
up €105,133 (+105133130.0%), from €0 to €105,133
From the 2023 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,850 | €21,673,227 | +€21.5m | +11753.0% |
| Fixed assets | 21/28 | €891 | €185 | -€706 | -79.2% |
| Tangible fixed assets | 22/27 | €792 | €185 | -€607 | -76.6% |
| Plant, machinery and equipment | 23 | €52 | €0 | -€52 | -100.0% |
| Furniture and vehicles | 24 | €740 | €185 | -€555 | -75.0% |
| Financial fixed assets | 28 | €99 | €0 | -€99 | -100.0% |
| Current assets | 29/58 | €181,959 | €21,673,042 | +€21.5m | +11810.9% |
| Amounts receivable within one year | 40/41 | €181,818 | €19,161,749 | +€19.0m | +10439.0% |
| Trade receivables | 40 | €50,000 | €15,897,851 | +€15.8m | +31695.7% |
| Other amounts receivable | 41 | €131,818 | €3,263,898 | +€3.1m | +2376.1% |
| Cash at bank and in hand | 54/58 | €141 | €2,511,293 | +€2.5m | +1776548.7% |
| Total equity and liabilities | 10/49 | €182,850 | €21,673,227 | +€21.5m | +11753.0% |
| Equity | 10/15 | €42,591 | €2,201,150 | +€2.2m | +5068.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19 | €19 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19 | €0 | -€19 | -100.0% |
| Reserves not available under the articles | 1311 | €19 | €0 | -€19 | -100.0% |
| Distributable reserves | 133 | - | €19 | +€19 | |
| Profit (loss) carried forward | 14 | €36,372 | €2,194,931 | +€2.2m | +5934.7% |
| Amounts payable | 17/49 | €140,259 | €19,472,077 | +€19.3m | +13782.9% |
| Amounts payable within one year | 42/48 | €140,259 | €19,472,077 | +€19.3m | +13782.9% |
| Trade debts | 44 | €63,220 | €13,391,367 | +€13.3m | +21082.3% |
| Suppliers | 440/4 | €63,220 | €13,391,367 | +€13.3m | +21082.3% |
| Taxes, remuneration and social security | 45 | €2,232 | €4,615,872 | +€4.6m | +206695.1% |
| Taxes | 450/3 | €2,232 | €4,615,872 | +€4.6m | +206695.1% |
| Other amounts payable | 47/48 | €74,808 | €1,464,838 | +€1.4m | +1858.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €703 | €607 | -€96 | -13.7% |
| Other operating charges | 640/8 | €591 | €9,403 | +€8,812 | +1491.7% |
| Gross operating margin | 9900 | €8,986 | €5,425,858 | +€5.4m | +60282.1% |
| Operating profit (loss) | 9901 | €7,692 | €5,415,848 | +€5.4m | +70309.1% |
| Financial income | 75/76B | €0 | €105,133 | +€105,133 | +105133130.0% |
| Recurring financial income | 75 | €0 | €105,133 | +€105,133 | +105133130.0% |
| Financial charges | 65/66B | €485 | €14,166 | +€13,680 | +2819.9% |
| Recurring financial charges | 65 | €485 | €14,166 | +€13,680 | +2819.9% |
| Profit (loss) for the period before taxes | 9903 | €7,207 | €5,506,815 | +€5.5m | +76310.0% |
| Income taxes | 67/77 | €2,243 | €1,457,185 | +€1.5m | +64872.3% |
| Profit (loss) for the period | 9904 | €4,964 | €4,049,630 | +€4.0m | +81477.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,964 | €4,049,630 | +€4.0m | +81477.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.