SYNVIO: 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.
SYNVIO
Largest movements
- Tangible fixed assets +€297,827
up €297,827 (+723.0%), from €41,191 to €339,018
of which Land and buildings: +€297,919
- Receivables within one year +€131,052
up €131,052 (+1127.9%), from €11,619 to €142,671
of which Trade receivables: +€131,003
- Debts after one year +€248,992
up €248,992 (+1073.8%), from €23,189 to €272,181
- Reserves +€101,355
up €101,355 (+422.4%), from €23,995 to €125,350
- Tax, wage and social debts +€28,595
up €28,595 (+453.9%), from €6,300 to €34,895
of which Taxes: +€26,502
- Short-term financial debts +€27,865
up €27,865 (+365.8%), from €7,617 to €35,482
- Current portion of long-term debt +€14,125
up €14,125 (+205.2%), from €6,884 to €21,009
- Gross operating margin +€173,303
up €173,303 (+444.4%), from €38,998 to €212,301
- Depreciation +€45,046
up €45,046 (+422.4%), from €10,664 to €55,710
- Taxes +€34,437
up €34,437 (+474.9%), from €7,252 to €41,689
- Staff costs +€9,149
new in 2025: €9,149
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 | €80,685 | €507,636 | +€426,951 | +529.2% |
| Fixed assets | 21/28 | €41,191 | €339,018 | +€297,827 | +723.0% |
| Tangible fixed assets | 22/27 | €41,191 | €339,018 | +€297,827 | +723.0% |
| Land and buildings | 22 | - | €297,919 | +€297,919 | |
| Plant, machinery and equipment | 23 | €373 | €9,444 | +€9,071 | +2431.9% |
| Furniture and vehicles | 24 | €6,040 | €5,268 | -€772 | -12.8% |
| Leasing and similar rights | 25 | €34,778 | €26,387 | -€8,391 | -24.1% |
| Current assets | 29/58 | €39,494 | €168,618 | +€129,124 | +326.9% |
| Stocks and contracts in progress | 3 | €2,044 | €4,150 | +€2,106 | +103.0% |
| Stocks | 30/36 | €2,044 | €4,150 | +€2,106 | +103.0% |
| Amounts receivable within one year | 40/41 | €11,619 | €142,671 | +€131,052 | +1127.9% |
| Trade receivables | 40 | €11,362 | €142,365 | +€131,003 | +1153.0% |
| Other amounts receivable | 41 | €257 | €306 | +€49 | +19.1% |
| Cash at bank and in hand | 54/58 | €25,714 | €21,315 | -€4,399 | -17.1% |
| Deferred charges and accrued income | 490/1 | €117 | €482 | +€365 | +312.0% |
| Total equity and liabilities | 10/49 | €80,685 | €507,636 | +€426,951 | +529.2% |
| Equity | 10/15 | €25,995 | €127,350 | +€101,355 | +389.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €23,995 | €125,350 | +€101,355 | +422.4% |
| Distributable reserves | 133 | €23,995 | €125,350 | +€101,355 | +422.4% |
| Amounts payable | 17/49 | €54,690 | €380,286 | +€325,596 | +595.3% |
| Amounts payable after more than one year | 17 | €23,189 | €272,181 | +€248,992 | +1073.8% |
| Financial debts | 170/4 | €23,189 | €272,181 | +€248,992 | +1073.8% |
| Amounts payable within one year | 42/48 | €31,501 | €108,105 | +€76,604 | +243.2% |
| Current portion of amounts payable after more than one year | 42 | €6,884 | €21,009 | +€14,125 | +205.2% |
| Financial debts | 43 | €7,617 | €35,482 | +€27,865 | +365.8% |
| Credit institutions | 430/8 | €7,617 | €35,482 | +€27,865 | +365.8% |
| Trade debts | 44 | €4,500 | €10,520 | +€6,020 | +133.8% |
| Suppliers | 440/4 | €4,500 | €10,520 | +€6,020 | +133.8% |
| Taxes, remuneration and social security | 45 | €6,300 | €34,895 | +€28,595 | +453.9% |
| Taxes | 450/3 | €6,300 | €32,802 | +€26,502 | +420.7% |
| Remuneration and social security | 454/9 | - | €2,093 | +€2,093 | |
| Other amounts payable | 47/48 | €6,200 | €6,199 | -€1 | 0.0% |
| Remuneration, social security and pensions | 62 | - | €9,149 | +€9,149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,664 | €55,710 | +€45,046 | +422.4% |
| Other operating charges | 640/8 | €2,519 | €1,995 | -€524 | -20.8% |
| Non-recurring operating charges | 66A | €126 | €127 | +€1 | +0.8% |
| Gross operating margin | 9900 | €38,998 | €212,301 | +€173,303 | +444.4% |
| Operating profit (loss) | 9901 | €25,689 | €145,320 | +€119,631 | +465.7% |
| Financial income | 75/76B | €29 | €127 | +€98 | +337.9% |
| Recurring financial income | 75 | €29 | €127 | +€98 | +337.9% |
| Financial charges | 65/66B | €1,488 | €2,403 | +€915 | +61.5% |
| Recurring financial charges | 65 | €1,488 | €2,403 | +€915 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €24,230 | €143,044 | +€118,814 | +490.4% |
| Income taxes | 67/77 | €7,252 | €41,689 | +€34,437 | +474.9% |
| Profit (loss) for the period | 9904 | €16,978 | €101,355 | +€84,377 | +497.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,978 | €101,355 | +€84,377 | +497.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.