SYRINX: 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.
SYRINX
Largest movements
- Current investments +€82,554
up €82,554 (+38.8%), from €212,531 to €295,085
- Receivables within one year +€42,016
up €42,016 (+22.8%), from €184,425 to €226,440
of which Trade receivables: +€39,670
- Tangible fixed assets -€38,343
down €38,343 (-3.5%), from €1.1m to €1.0m
of which Plant, machinery and equipment: -€31,085
- Reserves +€100,729
up €100,729 (+6.5%), from €1.5m to €1.6m
- Debts after one year -€23,408
down €23,408 (-20.5%), from €114,084 to €90,676
- Staff costs +€40,471
up €40,471 (+18.8%), from €215,553 to €256,024
- Taxes -€31,932
down €31,932 (-42.4%), from €75,302 to €43,370
- Depreciation +€28,158
up €28,158 (+12.0%), from €233,682 to €261,840
- Gross operating margin -€18,858
down €18,858 (-2.7%), from €707,045 to €688,187
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.
Derived cash bridge
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 | €1,822,521 | €1,914,124 | +€91,603 | +5.0% |
| Fixed assets | 21/28 | €1,092,011 | €1,053,668 | -€38,343 | -3.5% |
| Tangible fixed assets | 22/27 | €1,085,716 | €1,047,373 | -€38,343 | -3.5% |
| Land and buildings | 22 | €508,783 | €491,512 | -€17,271 | -3.4% |
| Plant, machinery and equipment | 23 | €441,837 | €410,752 | -€31,085 | -7.0% |
| Furniture and vehicles | 24 | €135,096 | €145,109 | +€10,013 | +7.4% |
| Financial fixed assets | 28 | €6,295 | €6,295 | = | 0.0% |
| Current assets | 29/58 | €730,510 | €860,456 | +€129,946 | +17.8% |
| Amounts receivable within one year | 40/41 | €184,425 | €226,440 | +€42,016 | +22.8% |
| Trade receivables | 40 | €184,425 | €224,094 | +€39,670 | +21.5% |
| Other amounts receivable | 41 | - | €2,346 | +€2,346 | |
| Current investments | 50/53 | €212,531 | €295,085 | +€82,554 | +38.8% |
| Cash at bank and in hand | 54/58 | €328,270 | €329,462 | +€1,192 | +0.4% |
| Deferred charges and accrued income | 490/1 | €5,285 | €9,469 | +€4,184 | +79.2% |
| Total equity and liabilities | 10/49 | €1,822,521 | €1,914,124 | +€91,603 | +5.0% |
| Equity | 10/15 | €1,568,239 | €1,668,968 | +€100,729 | +6.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,549,239 | €1,649,968 | +€100,729 | +6.5% |
| Distributable reserves | 133 | €1,549,239 | €1,649,968 | +€100,729 | +6.5% |
| Amounts payable | 17/49 | €254,282 | €245,156 | -€9,126 | -3.6% |
| Amounts payable after more than one year | 17 | €114,084 | €90,676 | -€23,408 | -20.5% |
| Financial debts | 170/4 | €114,084 | €90,676 | -€23,408 | -20.5% |
| Amounts payable within one year | 42/48 | €140,197 | €154,480 | +€14,282 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €22,477 | €23,408 | +€931 | +4.1% |
| Financial debts | 43 | €10,261 | €10,191 | -€70 | -0.7% |
| Credit institutions | 430/8 | €10,261 | €10,191 | -€70 | -0.7% |
| Trade debts | 44 | €43,119 | €60,908 | +€17,790 | +41.3% |
| Suppliers | 440/4 | €43,119 | €60,908 | +€17,790 | +41.3% |
| Taxes, remuneration and social security | 45 | €64,285 | €59,533 | -€4,751 | -7.4% |
| Taxes | 450/3 | €38,814 | €31,135 | -€7,679 | -19.8% |
| Remuneration and social security | 454/9 | €25,471 | €28,398 | +€2,928 | +11.5% |
| Other amounts payable | 47/48 | €56 | €439 | +€383 | +678% |
| Non-recurring operating income | 76A | €1,581 | - | -€1,581 | |
| Remuneration, social security and pensions | 62 | €215,553 | €256,024 | +€40,471 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233,682 | €261,840 | +€28,158 | +12.0% |
| Other operating charges | 640/8 | €15,168 | €12,644 | -€2,523 | -16.6% |
| Non-recurring operating charges | 66A | €2,476 | €10,969 | +€8,493 | +343% |
| Gross operating margin | 9900 | €707,045 | €688,187 | -€18,858 | -2.7% |
| Operating profit (loss) | 9901 | €240,166 | €146,710 | -€93,455 | -38.9% |
| Financial income | 75/76B | €5,865 | €3,381 | -€2,483 | -42.3% |
| Recurring financial income | 75 | €5,865 | €3,381 | -€2,483 | -42.3% |
| Financial charges | 65/66B | €6,273 | €5,993 | -€281 | -4.5% |
| Recurring financial charges | 65 | €6,273 | €5,993 | -€281 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €239,757 | €144,099 | -€95,658 | -39.9% |
| Income taxes | 67/77 | €75,302 | €43,370 | -€31,932 | -42.4% |
| Profit (loss) for the period | 9904 | €164,455 | €100,729 | -€63,726 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €164,455 | €100,729 | -€63,726 | -38.8% |
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 16 October 2026 via checked.be.