Synthetis Holding: 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.
Synthetis Holding
Largest movements
- Cash -€49,742
down €49,742 (-60.9%), from €81,722 to €31,980
mainly Debts after one year (-€93,221) and Current portion of long-term debt (-€90,276)
- Receivables within one year +€38,685
up €38,685 (+1,157%), from €3,345 to €42,030
of which Trade receivables: +€38,685
- Profit (loss) carried forward +€107,846
up €107,846 (+24.7%), from €436,131 to €543,977
- Debts after one year -€93,221
down €93,221 (-25.5%), from €365,434 to €272,213
- Short-term financial debts +€93,221
new in 2025: €93,221
- Current portion of long-term debt -€90,276
no longer reported in 2025 (was €90,276)
- Tax, wage and social debts -€19,747
down €19,747 (-50.5%), from €39,106 to €19,359
- Gross operating margin +€21,196
up €21,196 (+16.3%), from €130,365 to €151,561
- Financial charges -€2,908
down €2,908 (-17.6%), from €16,486 to €13,578
- Taxes +€1,667
up €1,667 (+5.9%), from €28,470 to €30,137
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 | €1,074,099 | €1,063,174 | -€10,925 | -1.0% |
| Fixed assets | 21/28 | €989,032 | €989,164 | +€132 | 0.0% |
| Financial fixed assets | 28 | €989,032 | €989,164 | +€132 | 0.0% |
| Current assets | 29/58 | €85,067 | €74,010 | -€11,057 | -13.0% |
| Amounts receivable within one year | 40/41 | €3,345 | €42,030 | +€38,685 | +1,157% |
| Trade receivables | 40 | €1,815 | €40,500 | +€38,685 | +2,131% |
| Other amounts receivable | 41 | €1,530 | €1,530 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €81,722 | €31,980 | -€49,742 | -60.9% |
| Total equity and liabilities | 10/49 | €1,074,099 | €1,063,174 | -€10,925 | -1.0% |
| Equity | 10/15 | €546,131 | €653,977 | +€107,846 | +19.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €436,131 | €543,977 | +€107,846 | +24.7% |
| Amounts payable | 17/49 | €527,968 | €409,197 | -€118,771 | -22.5% |
| Amounts payable after more than one year | 17 | €365,434 | €272,213 | -€93,221 | -25.5% |
| Financial debts | 170/4 | €365,434 | €272,213 | -€93,221 | -25.5% |
| Amounts payable within one year | 42/48 | €162,534 | €136,984 | -€25,550 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €90,276 | - | -€90,276 | |
| Financial debts | 43 | - | €93,221 | +€93,221 | |
| Credit institutions | 430/8 | - | €93,221 | +€93,221 | |
| Trade debts | 44 | €33,152 | €24,404 | -€8,748 | -26.4% |
| Suppliers | 440/4 | €33,152 | €24,404 | -€8,748 | -26.4% |
| Taxes, remuneration and social security | 45 | €39,106 | €19,359 | -€19,747 | -50.5% |
| Taxes | 450/3 | €39,106 | €19,359 | -€19,747 | -50.5% |
| Gross operating margin | 9900 | €130,365 | €151,561 | +€21,196 | +16.3% |
| Operating profit (loss) | 9901 | €130,365 | €151,561 | +€21,196 | +16.3% |
| Financial charges | 65/66B | €16,486 | €13,578 | -€2,908 | -17.6% |
| Recurring financial charges | 65 | €16,486 | €13,578 | -€2,908 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €113,879 | €137,983 | +€24,104 | +21.2% |
| Income taxes | 67/77 | €28,470 | €30,137 | +€1,667 | +5.9% |
| Profit (loss) for the period | 9904 | €85,409 | €107,846 | +€22,437 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €85,409 | €107,846 | +€22,437 | +26.3% |
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 27 October 2026 via checked.be.