Skip to content

SYRA: 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.

What changed

SYRA

BE 0844.285.426
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€21,170
2024 · €31,360-€10,190
Equity
€698,859
2024 · €677,689+€21,170
Cash
€211,396
2024 · €145,205+€66,191
Balance sheet total
€729,572
2024 · €709,109+€20,463

Largest movements

2024 to 2025
Assets
  • Cash +€66,191

    up €66,191 (+45.6%), from €145,205 to €211,396

    mainly Depreciation (+€43,124) and Net result for the year (+€21,170)

  • Tangible fixed assets -€43,124

    down €43,124 (-7.8%), from €554,809 to €511,685

    of which Land and buildings: -€42,267

Equity and liabilities
  • Reserves +€21,170

    up €21,170 (+8.2%), from €257,689 to €278,859

    of which Distributable reserves: +€24,314

Income statement
  • Gross operating margin -€15,478

    down €15,478 (-17.5%), from €88,351 to €72,873

  • Taxes -€3,396

    down €3,396 (-32.5%), from €10,453 to €7,057

  • Financial income +€2,066

    up €2,066 (+178%), from €1,163 to €3,229

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €31,360
Gross operating margin -€15,478
Other operating charges -€120
Financial income +€2,066
Financial charges -€54
Taxes +€3,396
Result 2025 €21,170
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€66,191
Investment €0
Financing €0
Cash 2024 €145,205
Net result for the year +€21,170
Depreciation +€43,124
Receivables within one year +€3,347
Deferred charges and accrued income -€743
Trade debts -€1,652
Tax, wage and social debts -€2,532
Other debts +€1,717
Accrued charges and deferred income +€1,760
Cash 2025 €211,396
brings cash intakes cash out
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €709,109 €729,572 +€20,463 +2.9%
Fixed assets 21/28 €554,809 €511,685 -€43,124 -7.8%
Tangible fixed assets 22/27 €554,809 €511,685 -€43,124 -7.8%
Land and buildings 22 €547,516 €505,249 -€42,267 -7.7%
Plant, machinery and equipment 23 €7,293 €6,436 -€857 -11.8%
Current assets 29/58 €154,300 €217,887 +€63,587 +41.2%
Amounts receivable within one year 40/41 €7,260 €3,913 -€3,347 -46.1%
Trade receivables 40 €7,260 - -€7,260
Other amounts receivable 41 - €3,913 +€3,913
Cash at bank and in hand 54/58 €145,205 €211,396 +€66,191 +45.6%
Deferred charges and accrued income 490/1 €1,835 €2,578 +€743 +40.5%
Total equity and liabilities 10/49 €709,109 €729,572 +€20,463 +2.9%
Equity 10/15 €677,689 €698,859 +€21,170 +3.1%
Contributions 10/11 €420,000 €420,000 = 0.0%
Reserves 13 €257,689 €278,859 +€21,170 +8.2%
Non-distributable reserves 130/1 €3,144 - -€3,144
Reserves not available under the articles 1311 €3,144 - -€3,144
Distributable reserves 133 €254,545 €278,859 +€24,314 +9.6%
Amounts payable 17/49 €31,420 €30,713 -€707 -2.3%
Amounts payable within one year 42/48 €13,261 €10,794 -€2,467 -18.6%
Trade debts 44 €2,344 €692 -€1,652 -70.5%
Suppliers 440/4 €2,344 €692 -€1,652 -70.5%
Taxes, remuneration and social security 45 €2,532 - -€2,532
Taxes 450/3 €2,532 - -€2,532
Other amounts payable 47/48 €8,385 €10,102 +€1,717 +20.5%
Accrued charges and deferred income 492/3 €18,159 €19,919 +€1,760 +9.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €43,124 €43,124 = 0.0%
Other operating charges 640/8 €3,980 €4,100 +€120 +3.0%
Gross operating margin 9900 €88,351 €72,873 -€15,478 -17.5%
Operating profit (loss) 9901 €41,247 €25,649 -€15,598 -37.8%
Financial income 75/76B €1,163 €3,229 +€2,066 +178%
Recurring financial income 75 €1,163 €3,229 +€2,066 +178%
Financial charges 65/66B €597 €651 +€54 +9.0%
Recurring financial charges 65 €597 €651 +€54 +9.0%
Profit (loss) for the period before taxes 9903 €41,813 €28,227 -€13,586 -32.5%
Income taxes 67/77 €10,453 €7,057 -€3,396 -32.5%
Profit (loss) for the period 9904 €31,360 €21,170 -€10,190 -32.5%
Profit (loss) for the period to be appropriated 9905 €31,360 €21,170 -€10,190 -32.5%

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 21 October 2026 via checked.be.