syntos: 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.
syntos
Largest movements
- Receivables within one year -€23,703
down €23,703 (-59.0%), from €40,186 to €16,483
of which Trade receivables: -€18,264
- Cash +€18,971
up €18,971 (+79.3%), from €23,910 to €42,880
mainly Receivables within one year (+€23,703) and Receivables after one year (+€11,000)
- Receivables after one year -€11,000
down €11,000 (-33.3%), from €33,000 to €22,000
- Tangible fixed assets +€6,134
up €6,134 (+46.0%), from €13,336 to €19,470
- Reserves -€12,427
down €12,427 (-17.3%), from €71,777 to €59,350
- Debts after one year +€3,669
new in 2025: €3,669
- Trade debts +€3,497
up €3,497 (+389.2%), from €899 to €4,396
- Other debts -€3,300
down €3,300 (-27.8%), from €11,861 to €8,560
- Current portion of long-term debt +€2,452
new in 2025: €2,452
- Gross operating margin +€1,731
up €1,731 (+9.1%), from €18,989 to €20,720
- Depreciation +€1,042
up €1,042 (+15.9%), from €6,536 to €7,578
- Taxes +€436
up €436 (+13.4%), from €3,243 to €3,679
- Financial income -€216
down €216 (-36.2%), from €597 to €381
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 | €114,976 | €105,655 | -€9,322 | -8.1% |
| Fixed assets | 21/28 | €13,586 | €19,720 | +€6,134 | +45.1% |
| Tangible fixed assets | 22/27 | €13,336 | €19,470 | +€6,134 | +46.0% |
| Furniture and vehicles | 24 | €13,336 | €19,470 | +€6,134 | +46.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €101,390 | €85,935 | -€15,455 | -15.2% |
| Amounts receivable after more than one year | 29 | €33,000 | €22,000 | -€11,000 | -33.3% |
| Other amounts receivable | 291 | €33,000 | €22,000 | -€11,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €40,186 | €16,483 | -€23,703 | -59.0% |
| Trade receivables | 40 | €33,426 | €15,161 | -€18,264 | -54.6% |
| Other amounts receivable | 41 | €6,760 | €1,321 | -€5,439 | -80.5% |
| Cash at bank and in hand | 54/58 | €23,910 | €42,880 | +€18,971 | +79.3% |
| Deferred charges and accrued income | 490/1 | €4,295 | €4,572 | +€277 | +6.5% |
| Total equity and liabilities | 10/49 | €114,976 | €105,655 | -€9,322 | -8.1% |
| Equity | 10/15 | €90,377 | €77,950 | -€12,427 | -13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,777 | €59,350 | -€12,427 | -17.3% |
| Distributable reserves | 133 | €71,777 | €59,350 | -€12,427 | -17.3% |
| Amounts payable | 17/49 | €24,599 | €27,705 | +€3,106 | +12.6% |
| Amounts payable after more than one year | 17 | - | €3,669 | +€3,669 | |
| Financial debts | 170/4 | - | €3,669 | +€3,669 | |
| Amounts payable within one year | 42/48 | €22,440 | €24,015 | +€1,575 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,452 | +€2,452 | |
| Trade debts | 44 | €899 | €4,396 | +€3,497 | +389.2% |
| Suppliers | 440/4 | €899 | €4,396 | +€3,497 | +389.2% |
| Taxes, remuneration and social security | 45 | €9,681 | €8,607 | -€1,074 | -11.1% |
| Taxes | 450/3 | €9,681 | €8,607 | -€1,074 | -11.1% |
| Other amounts payable | 47/48 | €11,861 | €8,560 | -€3,300 | -27.8% |
| Accrued charges and deferred income | 492/3 | €2,159 | €20 | -€2,139 | -99.1% |
| Non-recurring operating income | 76A | - | €2,066 | +€2,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,536 | €7,578 | +€1,042 | +15.9% |
| Other operating charges | 640/8 | €68 | €238 | +€170 | +250.3% |
| Non-recurring operating charges | 66A | €371 | - | -€371 | |
| Gross operating margin | 9900 | €18,989 | €20,720 | +€1,731 | +9.1% |
| Operating profit (loss) | 9901 | €12,014 | €12,903 | +€889 | +7.4% |
| Financial income | 75/76B | €597 | €381 | -€216 | -36.2% |
| Recurring financial income | 75 | €597 | €381 | -€216 | -36.2% |
| Financial charges | 65/66B | €1,171 | €1,011 | -€160 | -13.7% |
| Recurring financial charges | 65 | €1,171 | €1,011 | -€160 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €11,440 | €12,273 | +€833 | +7.3% |
| Income taxes | 67/77 | €3,243 | €3,679 | +€436 | +13.4% |
| Profit (loss) for the period | 9904 | €8,197 | €8,595 | +€397 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,197 | €8,595 | +€397 | +4.8% |
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 9 October 2026 via checked.be.