SYRINX: 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.
SYRINX
Largest movements
- Receivables within one year -€55,360
down €55,360 (-24.4%), from €227,242 to €171,882
of which Trade receivables: -€67,911
- Intangible fixed assets +€7,422
up €7,422 (+11.2%), from €66,118 to €73,540
- Financial fixed assets -€5,680
down €5,680 (-11.2%), from €50,680 to €45,000
- Trade debts -€39,577
down €39,577 (-96.9%), from €40,834 to €1,257
of which Suppliers: -€40,441
- Profit (loss) carried forward -€29,724
down €29,724 (-35.7%), from €83,314 to €53,590
- Short-term financial debts +€6,623
up €6,623 (+37.8%), from €17,542 to €24,166
- Financial income +€7,199
up €7,199 (+128.6%), from €5,599 to €12,798
- Depreciation +€6,720
up €6,720 (+29.6%), from €22,679 to €29,399
- Staff costs +€2,441
up €2,441 (+3.3%), from €74,779 to €77,221
- Gross operating margin +€1,303
up €1,303 (+1.9%), from €68,055 to €69,358
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 | €350,574 | €294,561 | -€56,013 | -16.0% |
| Fixed assets | 21/28 | €118,939 | €120,110 | +€1,171 | +1.0% |
| Intangible fixed assets | 21 | €66,118 | €73,540 | +€7,422 | +11.2% |
| Tangible fixed assets | 22/27 | €2,141 | €1,570 | -€571 | -26.7% |
| Plant, machinery and equipment | 23 | €319 | - | -€319 | |
| Furniture and vehicles | 24 | €1,822 | €1,570 | -€252 | -13.8% |
| Financial fixed assets | 28 | €50,680 | €45,000 | -€5,680 | -11.2% |
| Current assets | 29/58 | €231,635 | €174,451 | -€57,184 | -24.7% |
| Amounts receivable within one year | 40/41 | €227,242 | €171,882 | -€55,360 | -24.4% |
| Trade receivables | 40 | €92,935 | €25,025 | -€67,911 | -73.1% |
| Other amounts receivable | 41 | €134,307 | €146,858 | +€12,551 | +9.3% |
| Cash at bank and in hand | 54/58 | €519 | €3 | -€516 | -99.4% |
| Deferred charges and accrued income | 490/1 | €3,874 | €2,566 | -€1,308 | -33.8% |
| Total equity and liabilities | 10/49 | €350,574 | €294,561 | -€56,013 | -16.0% |
| Equity | 10/15 | €266,583 | €236,859 | -€29,724 | -11.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €170,869 | €170,869 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €169,009 | €169,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,314 | €53,590 | -€29,724 | -35.7% |
| Amounts payable | 17/49 | €83,991 | €57,702 | -€26,289 | -31.3% |
| Amounts payable after more than one year | 17 | €927 | €4,231 | +€3,305 | +356.6% |
| Financial debts | 170/4 | €927 | €4,231 | +€3,305 | +356.6% |
| Amounts payable within one year | 42/48 | €83,064 | €53,471 | -€29,593 | -35.6% |
| Current portion of amounts payable after more than one year | 42 | €562 | €647 | +€85 | +15.1% |
| Financial debts | 43 | €17,542 | €24,166 | +€6,623 | +37.8% |
| Credit institutions | 430/8 | €17,542 | €24,166 | +€6,623 | +37.8% |
| Trade debts | 44 | €40,834 | €1,257 | -€39,577 | -96.9% |
| Suppliers | 440/4 | €40,834 | €393 | -€40,441 | -99.0% |
| Bills of exchange payable | 441 | - | €864 | +€864 | |
| Taxes, remuneration and social security | 45 | €24,126 | €27,401 | +€3,275 | +13.6% |
| Taxes | 450/3 | €16,941 | €5,071 | -€11,869 | -70.1% |
| Remuneration and social security | 454/9 | €7,186 | €22,330 | +€15,144 | +210.8% |
| Remuneration, social security and pensions | 62 | €74,779 | €77,221 | +€2,441 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,679 | €29,399 | +€6,720 | +29.6% |
| Other operating charges | 640/8 | €2,083 | €1,562 | -€521 | -25.0% |
| Gross operating margin | 9900 | €68,055 | €69,358 | +€1,303 | +1.9% |
| Operating profit (loss) | 9901 | -€31,486 | -€38,824 | -€7,338 | -23.3% |
| Financial income | 75/76B | €5,599 | €12,798 | +€7,199 | +128.6% |
| Recurring financial income | 75 | €5,599 | €12,798 | +€7,199 | +128.6% |
| Financial charges | 65/66B | €2,944 | €3,442 | +€498 | +16.9% |
| Recurring financial charges | 65 | €2,944 | €3,442 | +€498 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | -€28,831 | -€29,468 | -€637 | -2.2% |
| Income taxes | 67/77 | €299 | €256 | -€43 | -14.3% |
| Profit (loss) for the period | 9904 | -€29,130 | -€29,724 | -€594 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,130 | -€29,724 | -€594 | -2.0% |
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 4 October 2026 via checked.be.