SYNTRES: 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.
SYNTRES
Largest movements
- Cash +€52,668
up €52,668 (+63.7%), from €82,663 to €135,332
mainly Net result for the year (+€66,451) and Other debts (+€34,974)
- Deferred charges and accrued income +€29,174
up €29,174 (+338.6%), from €8,616 to €37,790
- Receivables within one year -€21,325
down €21,325 (-59.2%), from €36,028 to €14,703
of which Trade receivables: -€31,196
- Tangible fixed assets -€13,098
down €13,098 (-29.9%), from €43,845 to €30,747
of which Furniture and vehicles: -€16,908
- Other debts +€34,974
up €34,974 (+31198.6%), from €112 to €35,086
- Trade debts +€26,742
up €26,742 (+189.9%), from €14,083 to €40,824
- Accrued charges and deferred income -€22,932
down €22,932 (-47.0%), from €48,776 to €25,844
- Reserves +€19,979
up €19,979 (+46.9%), from €42,578 to €62,556
- Debts after one year -€13,444
down €13,444 (-51.7%), from €26,020 to €12,576
- Gross operating margin +€177,192
up €177,192 (+94.1%), from €188,324 to €365,516
- Staff costs +€101,283
up €101,283 (+63.1%), from €160,578 to €261,861
- Taxes +€12,919
up €12,919 (+499.7%), from €2,585 to €15,504
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 | €176,741 | €224,887 | +€48,146 | +27.2% |
| Fixed assets | 21/28 | €49,434 | €37,062 | -€12,371 | -25.0% |
| Intangible fixed assets | 21 | €5,589 | €6,315 | +€726 | +13.0% |
| Tangible fixed assets | 22/27 | €43,845 | €30,747 | -€13,098 | -29.9% |
| Plant, machinery and equipment | 23 | - | €3,810 | +€3,810 | |
| Furniture and vehicles | 24 | €43,845 | €26,937 | -€16,908 | -38.6% |
| Current assets | 29/58 | €127,308 | €187,825 | +€60,517 | +47.5% |
| Amounts receivable within one year | 40/41 | €36,028 | €14,703 | -€21,325 | -59.2% |
| Trade receivables | 40 | €35,588 | €4,392 | -€31,196 | -87.7% |
| Other amounts receivable | 41 | €441 | €10,311 | +€9,870 | +2239.1% |
| Cash at bank and in hand | 54/58 | €82,663 | €135,332 | +€52,668 | +63.7% |
| Deferred charges and accrued income | 490/1 | €8,616 | €37,790 | +€29,174 | +338.6% |
| Total equity and liabilities | 10/49 | €176,741 | €224,887 | +€48,146 | +27.2% |
| Equity | 10/15 | €38,605 | €70,056 | +€31,451 | +81.5% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €42,578 | €62,556 | +€19,979 | +46.9% |
| Distributable reserves | 133 | €42,578 | €62,556 | +€19,979 | +46.9% |
| Profit (loss) carried forward | 14 | -€11,472 | €0 | +€11,472 | |
| Amounts payable | 17/49 | €138,136 | €154,831 | +€16,695 | +12.1% |
| Amounts payable after more than one year | 17 | €26,020 | €12,576 | -€13,444 | -51.7% |
| Financial debts | 170/4 | €26,020 | €12,576 | -€13,444 | -51.7% |
| Amounts payable within one year | 42/48 | €63,340 | €116,411 | +€53,071 | +83.8% |
| Current portion of amounts payable after more than one year | 42 | €14,572 | €13,444 | -€1,127 | -7.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €14,083 | €40,824 | +€26,742 | +189.9% |
| Suppliers | 440/4 | €14,083 | €40,824 | +€26,742 | +189.9% |
| Taxes, remuneration and social security | 45 | €34,573 | €27,056 | -€7,517 | -21.7% |
| Taxes | 450/3 | €12,244 | €7,168 | -€5,076 | -41.5% |
| Remuneration and social security | 454/9 | €22,329 | €19,888 | -€2,441 | -10.9% |
| Other amounts payable | 47/48 | €112 | €35,086 | +€34,974 | +31198.6% |
| Accrued charges and deferred income | 492/3 | €48,776 | €25,844 | -€22,932 | -47.0% |
| Non-recurring operating income | 76A | - | €7,273 | +€7,273 | |
| Remuneration, social security and pensions | 62 | €160,578 | €261,861 | +€101,283 | +63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,226 | €18,171 | +€946 | +5.5% |
| Other operating charges | 640/8 | €1,421 | €1,843 | +€422 | +29.7% |
| Non-recurring operating charges | 66A | €661 | €0 | -€661 | -100.0% |
| Gross operating margin | 9900 | €188,324 | €365,516 | +€177,192 | +94.1% |
| Operating profit (loss) | 9901 | €8,439 | €83,640 | +€75,201 | +891.1% |
| Financial income | 75/76B | €91 | €371 | +€280 | +306.2% |
| Recurring financial income | 75 | €91 | €371 | +€280 | +306.2% |
| Financial charges | 65/66B | €2,033 | €2,057 | +€24 | +1.2% |
| Recurring financial charges | 65 | €2,033 | €2,057 | +€24 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €6,498 | €81,955 | +€75,457 | +1161.3% |
| Income taxes | 67/77 | €2,585 | €15,504 | +€12,919 | +499.7% |
| Profit (loss) for the period | 9904 | €3,913 | €66,451 | +€62,538 | +1598.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,913 | €66,451 | +€62,538 | +1598.4% |
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 10 October 2026 via checked.be.