SYRINGA: 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.
SYRINGA
Largest movements
- Receivables after one year +€160,500
up €160,500 (+1528.6%), from €10,500 to €171,000
- Cash -€76,168
down €76,168 (-41.7%), from €182,596 to €106,428
mainly Receivables after one year (-€160,500) and Debts after one year (-€93,087)
- Receivables within one year +€49,223
up €49,223 (+49.2%), from €100,000 to €149,223
of which Other amounts receivable: +€28,500
- Reserves +€226,188
up €226,188 (+24.7%), from €914,911 to €1.1m
- Debts after one year -€93,087
down €93,087 (-25.4%), from €365,956 to €272,870
- Trade debts +€47,031
up €47,031 (+548.8%), from €8,570 to €55,601
- Short-term financial debts -€25,000
down €25,000 (-25.0%), from €100,000 to €75,000
- Current portion of long-term debt -€24,365
down €24,365 (-20.4%), from €119,510 to €95,145
- Gross operating margin -€50,367
down €50,367 (-10.9%), from €463,735 to €413,368
- Depreciation +€28,917
up €28,917 (+4122.8%), from €701 to €29,618
- Taxes -€26,745
down €26,745 (-18.0%), from €148,771 to €122,027
- Other operating charges -€10,444
down €10,444 (-73.0%), from €14,304 to €3,860
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,678,916 | €1,812,123 | +€133,208 | +7.9% |
| Fixed assets | 21/28 | €1,385,819 | €1,383,161 | -€2,658 | -0.2% |
| Tangible fixed assets | 22/27 | €1,133,319 | €1,130,661 | -€2,658 | -0.2% |
| Land and buildings | 22 | €994,213 | €1,017,164 | +€22,951 | +2.3% |
| Furniture and vehicles | 24 | €4,444 | €2,778 | -€1,667 | -37.5% |
| Leasing and similar rights | 25 | €76,027 | €55,287 | -€20,740 | -27.3% |
| Other tangible fixed assets | 26 | €58,635 | €55,433 | -€3,202 | -5.5% |
| Financial fixed assets | 28 | €252,500 | €252,500 | = | 0.0% |
| Current assets | 29/58 | €293,096 | €428,962 | +€135,865 | +46.4% |
| Amounts receivable after more than one year | 29 | €10,500 | €171,000 | +€160,500 | +1528.6% |
| Other amounts receivable | 291 | €10,500 | €171,000 | +€160,500 | +1528.6% |
| Amounts receivable within one year | 40/41 | €100,000 | €149,223 | +€49,223 | +49.2% |
| Trade receivables | 40 | - | €20,723 | +€20,723 | |
| Other amounts receivable | 41 | €100,000 | €128,500 | +€28,500 | +28.5% |
| Cash at bank and in hand | 54/58 | €182,596 | €106,428 | -€76,168 | -41.7% |
| Deferred charges and accrued income | 490/1 | - | €2,310 | +€2,310 | |
| Total equity and liabilities | 10/49 | €1,678,916 | €1,812,123 | +€133,208 | +7.9% |
| Equity | 10/15 | €917,411 | €1,143,599 | +€226,188 | +24.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €914,911 | €1,141,099 | +€226,188 | +24.7% |
| Distributable reserves | 133 | €914,911 | €1,141,099 | +€226,188 | +24.7% |
| Amounts payable | 17/49 | €761,504 | €668,524 | -€92,980 | -12.2% |
| Amounts payable after more than one year | 17 | €365,956 | €272,870 | -€93,087 | -25.4% |
| Financial debts | 170/4 | €365,956 | €272,870 | -€93,087 | -25.4% |
| Amounts payable within one year | 42/48 | €395,548 | €395,654 | +€107 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €119,510 | €95,145 | -€24,365 | -20.4% |
| Financial debts | 43 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Credit institutions | 430/8 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Trade debts | 44 | €8,570 | €55,601 | +€47,031 | +548.8% |
| Suppliers | 440/4 | €8,570 | €55,601 | +€47,031 | +548.8% |
| Taxes, remuneration and social security | 45 | €154,803 | €169,908 | +€15,105 | +9.8% |
| Taxes | 450/3 | €154,803 | €169,908 | +€15,105 | +9.8% |
| Other amounts payable | 47/48 | €12,664 | - | -€12,664 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €701 | €29,618 | +€28,917 | +4122.8% |
| Other operating charges | 640/8 | €14,304 | €3,860 | -€10,444 | -73.0% |
| Non-recurring operating charges | 66A | €131,442 | - | -€131,442 | |
| Gross operating margin | 9900 | €463,735 | €413,368 | -€50,367 | -10.9% |
| Operating profit (loss) | 9901 | €317,287 | €379,890 | +€62,602 | +19.7% |
| Financial income | 75/76B | €5,378 | €2,894 | -€2,484 | -46.2% |
| Recurring financial income | 75 | €5,378 | €2,894 | -€2,484 | -46.2% |
| Financial charges | 65/66B | €30,842 | €34,569 | +€3,728 | +12.1% |
| Recurring financial charges | 65 | €30,842 | €34,569 | +€3,728 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €291,824 | €348,215 | +€56,390 | +19.3% |
| Income taxes | 67/77 | €148,771 | €122,027 | -€26,745 | -18.0% |
| Profit (loss) for the period | 9904 | €143,053 | €226,188 | +€83,135 | +58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €143,053 | €226,188 | +€83,135 | +58.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.