Syntory: 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.
Syntory
Largest movements
- Receivables within one year -€392,435
down €392,435 (-88.9%), from €441,277 to €48,842
of which Trade receivables: -€376,978
- Trade debts -€510,837
down €510,837 (-97.7%), from €522,891 to €12,054
- Gross operating margin -€180,583
down €180,583 (-53.1%), from €339,941 to €159,358
- Other operating charges -€131,798
down €131,798 (-99.2%), from €132,810 to €1,012
- Financial charges -€118,191
down €118,191 (-35.9%), from €329,107 to €210,916
- Staff costs -€104,287
down €104,287 (-43.7%), from €238,850 to €134,563
- Financial income -€100,044
down €100,044 (-10.0%), from €1.0m to €900,000
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 | €12,178,421 | €11,738,936 | -€439,485 | -3.6% |
| Fixed assets | 21/28 | €11,624,533 | €11,662,651 | +€38,118 | +0.3% |
| Intangible fixed assets | 21 | €161,308 | €199,426 | +€38,118 | +23.6% |
| Financial fixed assets | 28 | €11,463,225 | €11,463,225 | = | 0.0% |
| Current assets | 29/58 | €553,888 | €76,285 | -€477,603 | -86.2% |
| Amounts receivable within one year | 40/41 | €441,277 | €48,842 | -€392,435 | -88.9% |
| Trade receivables | 40 | €407,146 | €30,168 | -€376,978 | -92.6% |
| Other amounts receivable | 41 | €34,131 | €18,674 | -€15,457 | -45.3% |
| Cash at bank and in hand | 54/58 | €96,051 | €16,922 | -€79,129 | -82.4% |
| Deferred charges and accrued income | 490/1 | €16,560 | €10,521 | -€6,039 | -36.5% |
| Total equity and liabilities | 10/49 | €12,178,421 | €11,738,936 | -€439,485 | -3.6% |
| Equity | 10/15 | €5,989,157 | €5,989,157 | = | 0.0% |
| Contributions | 10/11 | €3,012,000 | €3,012,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,977,157 | €2,977,157 | = | 0.0% |
| Amounts payable | 17/49 | €6,189,264 | €5,749,779 | -€439,485 | -7.1% |
| Amounts payable within one year | 42/48 | €6,189,264 | €5,749,779 | -€439,485 | -7.1% |
| Trade debts | 44 | €522,891 | €12,054 | -€510,837 | -97.7% |
| Suppliers | 440/4 | €522,891 | €12,054 | -€510,837 | -97.7% |
| Taxes, remuneration and social security | 45 | €27,208 | €548 | -€26,660 | -98.0% |
| Taxes | 450/3 | €548 | €548 | = | 0.0% |
| Remuneration and social security | 454/9 | €26,660 | - | -€26,660 | |
| Other amounts payable | 47/48 | €5,639,165 | €5,737,177 | +€98,012 | +1.7% |
| Remuneration, social security and pensions | 62 | €238,850 | €134,563 | -€104,287 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,718 | €44,838 | +€30,120 | +204.6% |
| Other operating charges | 640/8 | €132,810 | €1,012 | -€131,798 | -99.2% |
| Gross operating margin | 9900 | €339,941 | €159,358 | -€180,583 | -53.1% |
| Operating profit (loss) | 9901 | -€46,437 | -€21,055 | +€25,382 | +54.7% |
| Financial income | 75/76B | €1,000,044 | €900,000 | -€100,044 | -10.0% |
| Recurring financial income | 75 | €1,000,044 | €900,000 | -€100,044 | -10.0% |
| Financial charges | 65/66B | €329,107 | €210,916 | -€118,191 | -35.9% |
| Recurring financial charges | 65 | €329,107 | €210,916 | -€118,191 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €624,500 | €668,029 | +€43,529 | +7.0% |
| Income taxes | 67/77 | €579 | €1,910 | +€1,331 | +229.9% |
| Profit (loss) for the period | 9904 | €623,921 | €666,119 | +€42,198 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €623,921 | €666,119 | +€42,198 | +6.8% |
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 11 October 2026 via checked.be.