SYNTESE: 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.
SYNTESE
Largest movements
- Receivables within one year +€403
up €403 (+199.9%), from €201 to €604
- Deferred charges and accrued income -€93
no longer reported in 2025 (was €93)
- Cash +€15
up €15 (+134.1%), from €11 to €26
mainly Other debts (+€5,799) and Accrued charges and deferred income (+€612)
- Other debts +€5,799
up €5,799 (+4.5%), from €128,902 to €134,701
- Profit (loss) carried forward -€3,511
down €3,511 (-2.0%), from -€176,717 to -€180,227
- Trade debts -€2,575
down €2,575 (-32.1%), from €8,027 to €5,452
- Accrued charges and deferred income +€612
up €612 (+20.0%), from €3,058 to €3,669
- Purchases and services -€14,054
down €14,054 (-77.8%), from €18,063 to €4,009
- Gross operating margin +€12,349
up €12,349 (+78.1%), from -€15,818 to -€3,469
- Other operating charges -€352
no longer reported in 2025 (was €352)
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 | €680 | €1,005 | +€325 | +47.8% |
| Current assets | 29/58 | €680 | €1,005 | +€325 | +47.8% |
| Stocks and contracts in progress | 3 | €375 | €375 | = | 0.0% |
| Stocks | 30/36 | €375 | €375 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €201 | €604 | +€403 | +199.9% |
| Other amounts receivable | 41 | €201 | €604 | +€403 | +199.9% |
| Cash at bank and in hand | 54/58 | €11 | €26 | +€15 | +134.1% |
| Deferred charges and accrued income | 490/1 | €93 | - | -€93 | |
| Total equity and liabilities | 10/49 | €680 | €1,005 | +€325 | +47.8% |
| Equity | 10/15 | -€139,307 | -€142,817 | -€3,511 | -2.5% |
| Contributions | 10/11 | €35,550 | €35,550 | = | 0.0% |
| Capital | 10 | €16,950 | €16,950 | = | 0.0% |
| Issued capital | 100 | €16,950 | €16,950 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€176,717 | -€180,227 | -€3,511 | -2.0% |
| Amounts payable | 17/49 | €139,987 | €143,822 | +€3,835 | +2.7% |
| Amounts payable within one year | 42/48 | €136,929 | €140,153 | +€3,224 | +2.4% |
| Trade debts | 44 | €8,027 | €5,452 | -€2,575 | -32.1% |
| Suppliers | 440/4 | €8,027 | €5,452 | -€2,575 | -32.1% |
| Other amounts payable | 47/48 | €128,902 | €134,701 | +€5,799 | +4.5% |
| Accrued charges and deferred income | 492/3 | €3,058 | €3,669 | +€612 | +20.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,063 | €4,009 | -€14,054 | -77.8% |
| Other operating charges | 640/8 | €352 | - | -€352 | |
| Non-recurring operating charges | 66A | €9,403 | - | -€9,403 | |
| Gross operating margin | 9900 | -€15,818 | -€3,469 | +€12,349 | +78.1% |
| Operating profit (loss) | 9901 | -€25,573 | -€3,469 | +€22,104 | +86.4% |
| Financial charges | 65/66B | €60 | €42 | -€18 | -29.5% |
| Recurring financial charges | 65 | €60 | €42 | -€18 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,632 | -€3,511 | +€22,122 | +86.3% |
| Profit (loss) for the period | 9904 | -€25,632 | -€3,511 | +€22,122 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,632 | -€3,511 | +€22,122 | +86.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.