SYNTRA BRUSSEL: 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.
SYNTRA BRUSSEL
Largest movements
- Tangible fixed assets +€655,242
up €655,242 (+60.2%), from €1.1m to €1.7m
of which Other tangible fixed assets: +€687,834
- Receivables within one year +€650,351
up €650,351 (+66.2%), from €981,979 to €1.6m
of which Trade receivables: +€440,428
- Cash -€413,869
down €413,869 (-22.6%), from €1.8m to €1.4m
mainly Investment in fixed assets (net) (-€876,746) and Receivables within one year (-€650,351)
- Reserves +€5.0m
up €5.0m (+402.9%), from €1.3m to €6.3m
- Profit (loss) carried forward -€3.6m
down €3.6m (-100.0%), from €3.6m to €0
- Debts within one year -€430,162
down €430,162 (-45.0%), from €955,692 to €525,530
of which Tax, wage and social debts: -€341,264
- Accrued charges and deferred income +€139,953
up €139,953 (+31.5%), from €443,708 to €583,661
- Staff costs -€604,171
down €604,171 (-20.8%), from €2.9m to €2.3m
- Gross operating margin +€353,822
up €353,822 (+10.1%), from €3.5m to €3.9m
- Depreciation +€79,685
up €79,685 (+55.4%), from €143,920 to €223,605
- Other operating charges -€72,397
down €72,397 (-88.5%), from €81,841 to €9,444
- Financial income +€70,658
up €70,658 (+12290.3%), from €575 to €71,233
of which Non-recurring financial income: +€66,261
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 | €7,117,614 | €8,152,633 | +€1.0m | +14.5% |
| Fixed assets | 21/28 | €1,359,044 | €2,012,185 | +€653,141 | +48.1% |
| Intangible fixed assets | 21 | €4,452 | €2,351 | -€2,101 | -47.2% |
| Tangible fixed assets | 22/27 | €1,089,092 | €1,744,334 | +€655,242 | +60.2% |
| Land and buildings | 22 | €223,216 | €198,883 | -€24,333 | -10.9% |
| Plant, machinery and equipment | 23 | €191,783 | €190,233 | -€1,550 | -0.8% |
| Furniture and vehicles | 24 | €112,900 | €73,958 | -€38,942 | -34.5% |
| Other tangible fixed assets | 26 | €461,038 | €1,148,872 | +€687,834 | +149.2% |
| Assets under construction and advance payments | 27 | €100,154 | €132,388 | +€32,234 | +32.2% |
| Financial fixed assets | 28 | €265,500 | €265,500 | = | 0.0% |
| Current assets | 29/58 | €5,758,571 | €6,140,447 | +€381,877 | +6.6% |
| Amounts receivable within one year | 40/41 | €981,979 | €1,632,330 | +€650,351 | +66.2% |
| Trade receivables | 40 | €406,067 | €846,495 | +€440,428 | +108.5% |
| Other amounts receivable | 41 | €575,912 | €785,835 | +€209,923 | +36.5% |
| Current investments | 50/53 | €2,886,331 | €2,952,593 | +€66,261 | +2.3% |
| Cash at bank and in hand | 54/58 | €1,832,283 | €1,418,413 | -€413,869 | -22.6% |
| Deferred charges and accrued income | 490/1 | €57,978 | €137,111 | +€79,134 | +136.5% |
| Total equity and liabilities | 10/49 | €7,117,614 | €8,152,633 | +€1.0m | +14.5% |
| Equity | 10/15 | €5,268,214 | €6,593,441 | +€1.3m | +25.2% |
| Contributions | 10/11 | €217,900 | €217,900 | = | 0.0% |
| Capital | 10 | €217,900 | €217,900 | = | 0.0% |
| Reserves | 13 | €1,250,000 | €6,286,258 | +€5.0m | +402.9% |
| Profit (loss) carried forward | 14 | €3,634,176 | €0 | -€3.6m | -100.0% |
| Investment grants | 15 | €166,138 | €89,284 | -€76,854 | -46.3% |
| Provisions and deferred taxes | 16 | €450,000 | €450,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €450,000 | €450,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €450,000 | €450,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,399,400 | €1,109,191 | -€290,209 | -20.7% |
| Amounts payable within one year | 42/48 | €955,692 | €525,530 | -€430,162 | -45.0% |
| Trade debts | 44 | €329,189 | €271,053 | -€58,136 | -17.7% |
| Suppliers | 440/4 | €329,189 | €271,053 | -€58,136 | -17.7% |
| Taxes, remuneration and social security | 45 | €570,586 | €229,321 | -€341,264 | -59.8% |
| Remuneration and social security | 454/9 | €570,586 | €229,321 | -€341,264 | -59.8% |
| Accrued charges and deferred income | 492/3 | €443,708 | €583,661 | +€139,953 | +31.5% |
| Remuneration, social security and pensions | 62 | €2,910,836 | €2,306,665 | -€604,171 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,920 | €223,605 | +€79,685 | +55.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€24,042 | -€23,668 | +€374 | +1.6% |
| Other operating charges | 640/8 | €81,841 | €9,444 | -€72,397 | -88.5% |
| Non-recurring operating charges | 66A | €10,128 | - | -€10,128 | |
| Gross operating margin | 9900 | €3,504,523 | €3,858,346 | +€353,822 | +10.1% |
| Operating profit (loss) | 9901 | €381,841 | €1,342,300 | +€960,459 | +251.5% |
| Financial income | 75/76B | €575 | €71,233 | +€70,658 | +12290.3% |
| Recurring financial income | 75 | €575 | €4,972 | +€4,397 | +764.8% |
| Non-recurring financial income | 76B | - | €66,261 | +€66,261 | |
| Financial charges | 65/66B | €5,777 | €11,451 | +€5,674 | +98.2% |
| Recurring financial charges | 65 | €5,777 | €11,451 | +€5,674 | +98.2% |
| Profit (loss) for the period before taxes | 9903 | €376,638 | €1,402,082 | +€1.0m | +272.3% |
| Profit (loss) for the period | 9904 | €376,638 | €1,402,082 | +€1.0m | +272.3% |
| Profit (loss) for the period to be appropriated | 9905 | €376,638 | €1,402,082 | +€1.0m | +272.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.