Syntellion: 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.
Syntellion
Largest movements
- Cash +€43,501
up €43,501 (+26.3%), from €165,413 to €208,914
mainly Receivables within one year (+€20,567) and Depreciation (+€16,102)
- Receivables within one year -€20,567
down €20,567 (-75.1%), from €27,369 to €6,802
of which Trade receivables: -€20,563
- Tangible fixed assets -€15,066
down €15,066 (-31.0%), from €48,521 to €33,455
of which Furniture and vehicles: -€14,847
- Tax, wage and social debts -€7,299
down €7,299 (-27.7%), from €26,366 to €19,067
- Other debts +€7,204
up €7,204 (+7.0%), from €103,337 to €110,540
- Profit (loss) carried forward +€5,498
up €5,498 (+4.8%), from €113,562 to €119,060
- Gross operating margin -€69,196
down €69,196 (-74.4%), from €93,047 to €23,851
- Taxes -€14,019
down €14,019 (-88.7%), from €15,804 to €1,786
- Depreciation +€935
up €935 (+6.2%), from €15,167 to €16,102
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 | €243,365 | €249,342 | +€5,977 | +2.5% |
| Fixed assets | 21/28 | €48,521 | €33,455 | -€15,066 | -31.0% |
| Tangible fixed assets | 22/27 | €48,521 | €33,455 | -€15,066 | -31.0% |
| Furniture and vehicles | 24 | €47,743 | €32,897 | -€14,847 | -31.1% |
| Other tangible fixed assets | 26 | €778 | €558 | -€219 | -28.2% |
| Current assets | 29/58 | €194,844 | €215,887 | +€21,043 | +10.8% |
| Amounts receivable within one year | 40/41 | €27,369 | €6,802 | -€20,567 | -75.1% |
| Trade receivables | 40 | €27,365 | €6,802 | -€20,563 | -75.1% |
| Other amounts receivable | 41 | €4 | - | -€4 | |
| Cash at bank and in hand | 54/58 | €165,413 | €208,914 | +€43,501 | +26.3% |
| Deferred charges and accrued income | 490/1 | €2,062 | €171 | -€1,891 | -91.7% |
| Total equity and liabilities | 10/49 | €243,365 | €249,342 | +€5,977 | +2.5% |
| Equity | 10/15 | €113,662 | €119,160 | +€5,498 | +4.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,562 | €119,060 | +€5,498 | +4.8% |
| Amounts payable | 17/49 | €129,703 | €130,182 | +€480 | +0.4% |
| Amounts payable within one year | 42/48 | €129,703 | €130,182 | +€480 | +0.4% |
| Trade debts | 44 | - | €575 | +€575 | |
| Suppliers | 440/4 | - | €575 | +€575 | |
| Taxes, remuneration and social security | 45 | €26,366 | €19,067 | -€7,299 | -27.7% |
| Taxes | 450/3 | €26,366 | €19,067 | -€7,299 | -27.7% |
| Other amounts payable | 47/48 | €103,337 | €110,540 | +€7,204 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,167 | €16,102 | +€935 | +6.2% |
| Other operating charges | 640/8 | €255 | €395 | +€140 | +55.0% |
| Gross operating margin | 9900 | €93,047 | €23,851 | -€69,196 | -74.4% |
| Operating profit (loss) | 9901 | €77,625 | €7,354 | -€70,272 | -90.5% |
| Financial charges | 65/66B | €204 | €70 | -€134 | -65.5% |
| Recurring financial charges | 65 | €204 | €70 | -€134 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €77,421 | €7,283 | -€70,138 | -90.6% |
| Income taxes | 67/77 | €15,804 | €1,786 | -€14,019 | -88.7% |
| Profit (loss) for the period | 9904 | €61,617 | €5,498 | -€56,119 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,617 | €5,498 | -€56,119 | -91.1% |
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 26 October 2026 via checked.be.