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
- Current investments +€91,242
up €91,242 (+91.2%), from €100,000 to €191,242
- Tangible fixed assets -€80,357
down €80,357 (-17.4%), from €463,064 to €382,707
- Receivables within one year -€16,542
down €16,542 (-90.4%), from €18,290 to €1,748
of which Other amounts receivable: -€11,806
- Other debts +€69,651
up €69,651 (+286.7%), from €24,291 to €93,942
- Debts after one year -€52,028
down €52,028 (-20.9%), from €248,581 to €196,553
- Trade debts -€31,901
down €31,901 (-73.1%), from €43,666 to €11,765
- Tax, wage and social debts +€22,636
up €22,636 (+52.7%), from €42,916 to €65,552
of which Taxes: +€34,464
- Current portion of long-term debt -€8,393
down €8,393 (-13.1%), from €64,229 to €55,836
- Gross operating margin +€94,743
up €94,743 (+38.1%), from €248,440 to €343,183
- Taxes +€34,724
up €34,724 (+264.8%), from €13,112 to €47,836
- Financial charges +€12,280
up €12,280 (+131.2%), from €9,358 to €21,638
- Financial income +€4,118
up €4,118 (+209.3%), from €1,967 to €6,086
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 | €757,123 | €755,025 | -€2,098 | -0.3% |
| Fixed assets | 21/28 | €463,131 | €382,773 | -€80,357 | -17.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €463,064 | €382,707 | -€80,357 | -17.4% |
| Land and buildings | 22 | €238,185 | €203,667 | -€34,518 | -14.5% |
| Plant, machinery and equipment | 23 | €147,350 | €123,302 | -€24,048 | -16.3% |
| Furniture and vehicles | 24 | €77,528 | €55,737 | -€21,791 | -28.1% |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €293,993 | €372,252 | +€78,259 | +26.6% |
| Stocks and contracts in progress | 3 | €7,614 | €7,886 | +€272 | +3.6% |
| Stocks | 30/36 | €7,614 | €7,886 | +€272 | +3.6% |
| Amounts receivable within one year | 40/41 | €18,290 | €1,748 | -€16,542 | -90.4% |
| Trade receivables | 40 | €6,484 | €1,748 | -€4,736 | -73.0% |
| Other amounts receivable | 41 | €11,806 | - | -€11,806 | |
| Current investments | 50/53 | €100,000 | €191,242 | +€91,242 | +91.2% |
| Cash at bank and in hand | 54/58 | €165,427 | €167,428 | +€2,001 | +1.2% |
| Deferred charges and accrued income | 490/1 | €2,662 | €3,948 | +€1,286 | +48.3% |
| Total equity and liabilities | 10/49 | €757,123 | €755,025 | -€2,098 | -0.3% |
| Equity | 10/15 | €210,120 | €216,352 | +€6,232 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €191,520 | €197,752 | +€6,232 | +3.3% |
| Distributable reserves | 133 | €191,520 | €197,752 | +€6,232 | +3.3% |
| Amounts payable | 17/49 | €547,003 | €538,673 | -€8,330 | -1.5% |
| Amounts payable after more than one year | 17 | €248,581 | €196,553 | -€52,028 | -20.9% |
| Financial debts | 170/4 | €248,581 | €196,553 | -€52,028 | -20.9% |
| Amounts payable within one year | 42/48 | €175,672 | €227,760 | +€52,089 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | €64,229 | €55,836 | -€8,393 | -13.1% |
| Trade debts | 44 | €43,666 | €11,765 | -€31,901 | -73.1% |
| Suppliers | 440/4 | €43,666 | €11,765 | -€31,901 | -73.1% |
| Advances received on contracts in progress | 46 | €570 | €665 | +€95 | +16.7% |
| Taxes, remuneration and social security | 45 | €42,916 | €65,552 | +€22,636 | +52.7% |
| Taxes | 450/3 | €27,960 | €62,423 | +€34,464 | +123.3% |
| Remuneration and social security | 454/9 | €14,956 | €3,129 | -€11,827 | -79.1% |
| Other amounts payable | 47/48 | €24,291 | €93,942 | +€69,651 | +286.7% |
| Accrued charges and deferred income | 492/3 | €122,750 | €114,360 | -€8,390 | -6.8% |
| Remuneration, social security and pensions | 62 | €97,660 | €96,499 | -€1,161 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,837 | €92,761 | -€1,076 | -1.1% |
| Other operating charges | 640/8 | €6,192 | €5,750 | -€442 | -7.1% |
| Gross operating margin | 9900 | €248,440 | €343,183 | +€94,743 | +38.1% |
| Operating profit (loss) | 9901 | €50,752 | €148,174 | +€97,421 | +192.0% |
| Financial income | 75/76B | €1,967 | €6,086 | +€4,118 | +209.3% |
| Recurring financial income | 75 | €1,967 | €6,086 | +€4,118 | +209.3% |
| Financial charges | 65/66B | €9,358 | €21,638 | +€12,280 | +131.2% |
| Recurring financial charges | 65 | €9,358 | €21,638 | +€12,280 | +131.2% |
| Profit (loss) for the period before taxes | 9903 | €43,362 | €132,622 | +€89,260 | +205.8% |
| Income taxes | 67/77 | €13,112 | €47,836 | +€34,724 | +264.8% |
| Profit (loss) for the period | 9904 | €30,250 | €84,786 | +€54,536 | +180.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,250 | €84,786 | +€54,536 | +180.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.