SYO: 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.
SYO
Largest movements
- Receivables within one year +€222,463
up €222,463 (+801.1%), from €27,768 to €250,231
of which Other amounts receivable: +€247,539
- Cash -€114,287
down €114,287 (-91.0%), from €125,627 to €11,340
mainly Receivables within one year (-€222,463) and Contributions, distributions and other (-€100,000)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets +€6,050
up €6,050 (+3.9%), from €155,930 to €161,980
of which Furniture and vehicles: +€9,914
- Other debts +€82,570
up €82,570 (+3398.0%), from €2,430 to €85,000
- Profit (loss) carried forward -€73,493
down €73,493 (-58.6%), from €125,401 to €51,909
- Financial income -€50,425
down €50,425 (-93.5%), from €53,930 to €3,505
- Gross operating margin -€47,756
down €47,756 (-49.5%), from €96,400 to €48,643
- Taxes -€36,121
down €36,121 (-86.6%), from €41,694 to €5,573
- Depreciation +€11,503
up €11,503 (+177.8%), from €6,471 to €17,974
- Financial charges -€2,890
down €2,890 (-76.5%), from €3,777 to €887
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 | €414,719 | €424,809 | +€10,090 | +2.4% |
| Fixed assets | 21/28 | €155,930 | €161,980 | +€6,050 | +3.9% |
| Tangible fixed assets | 22/27 | €155,930 | €161,980 | +€6,050 | +3.9% |
| Land and buildings | 22 | €141,055 | €137,192 | -€3,864 | -2.7% |
| Furniture and vehicles | 24 | €14,874 | €24,788 | +€9,914 | +66.6% |
| Current assets | 29/58 | €258,790 | €262,830 | +€4,040 | +1.6% |
| Amounts receivable within one year | 40/41 | €27,768 | €250,231 | +€222,463 | +801.1% |
| Trade receivables | 40 | €26,896 | €1,820 | -€25,076 | -93.2% |
| Other amounts receivable | 41 | €873 | €248,411 | +€247,539 | +28370.5% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €125,627 | €11,340 | -€114,287 | -91.0% |
| Deferred charges and accrued income | 490/1 | €5,394 | €1,259 | -€4,136 | -76.7% |
| Total equity and liabilities | 10/49 | €414,719 | €424,809 | +€10,090 | +2.4% |
| Equity | 10/15 | €398,000 | €324,507 | -€73,493 | -18.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €252,139 | €252,139 | = | 0.0% |
| Distributable reserves | 133 | €252,139 | €252,139 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,401 | €51,909 | -€73,493 | -58.6% |
| Amounts payable | 17/49 | €16,719 | €100,302 | +€83,583 | +499.9% |
| Amounts payable within one year | 42/48 | €16,719 | €100,302 | +€83,583 | +499.9% |
| Trade debts | 44 | €295 | €302 | +€7 | +2.4% |
| Suppliers | 440/4 | €295 | €302 | +€7 | +2.4% |
| Taxes, remuneration and social security | 45 | €13,994 | €15,000 | +€1,006 | +7.2% |
| Taxes | 450/3 | €13,994 | €15,000 | +€1,006 | +7.2% |
| Other amounts payable | 47/48 | €2,430 | €85,000 | +€82,570 | +3398.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,471 | €17,974 | +€11,503 | +177.8% |
| Other operating charges | 640/8 | €1,092 | €1,208 | +€116 | +10.6% |
| Gross operating margin | 9900 | €96,400 | €48,643 | -€47,756 | -49.5% |
| Operating profit (loss) | 9901 | €88,837 | €29,462 | -€59,375 | -66.8% |
| Financial income | 75/76B | €53,930 | €3,505 | -€50,425 | -93.5% |
| Recurring financial income | 75 | €53,930 | €3,505 | -€50,425 | -93.5% |
| Financial charges | 65/66B | €3,777 | €887 | -€2,890 | -76.5% |
| Recurring financial charges | 65 | €3,777 | €887 | -€2,890 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | €138,990 | €32,081 | -€106,909 | -76.9% |
| Income taxes | 67/77 | €41,694 | €5,573 | -€36,121 | -86.6% |
| Profit (loss) for the period | 9904 | €97,296 | €26,507 | -€70,788 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,296 | €26,507 | -€70,788 | -72.8% |
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 10 October 2026 via checked.be.