SYRO: 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.
SYRO
Largest movements
- Cash +€17,511
up €17,511 (+71.0%), from €24,679 to €42,190
mainly Net result for the year (+€17,166) and Tax, wage and social debts (+€15,166)
- Tangible fixed assets -€4,329
down €4,329 (-25.2%), from €17,204 to €12,875
of which Plant, machinery and equipment: -€4,176
- Deferred charges and accrued income -€2,046
no longer reported in 2025 (was €2,046)
- Tax, wage and social debts +€15,166
up €15,166 (+752.3%), from €2,016 to €17,182
- Reserves +€15,000
up €15,000 (+806.5%), from €1,860 to €16,860
- Profit (loss) carried forward -€12,834
down €12,834 (-67.4%), from €19,036 to €6,202
- Trade debts -€5,026
down €5,026 (-95.8%), from €5,244 to €218
- Other debts -€724
down €724 (-32.1%), from €2,253 to €1,529
- Gross operating margin +€22,049
up €22,049 (+232.8%), from €9,472 to €31,521
- Taxes +€7,092
new in 2025: €7,092
- Depreciation -€1,530
down €1,530 (-26.1%), from €5,859 to €4,329
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 | €49,008 | €60,591 | +€11,583 | +23.6% |
| Fixed assets | 21/28 | €17,204 | €12,875 | -€4,329 | -25.2% |
| Tangible fixed assets | 22/27 | €17,204 | €12,875 | -€4,329 | -25.2% |
| Plant, machinery and equipment | 23 | €17,051 | €12,875 | -€4,176 | -24.5% |
| Furniture and vehicles | 24 | €153 | - | -€153 | |
| Current assets | 29/58 | €31,804 | €47,716 | +€15,912 | +50.0% |
| Amounts receivable within one year | 40/41 | €5,080 | €5,526 | +€446 | +8.8% |
| Trade receivables | 40 | €4,164 | €61 | -€4,103 | -98.5% |
| Other amounts receivable | 41 | €916 | €5,465 | +€4,549 | +496.6% |
| Cash at bank and in hand | 54/58 | €24,679 | €42,190 | +€17,511 | +71.0% |
| Deferred charges and accrued income | 490/1 | €2,046 | - | -€2,046 | |
| Total equity and liabilities | 10/49 | €49,008 | €60,591 | +€11,583 | +23.6% |
| Equity | 10/15 | €39,496 | €41,662 | +€2,166 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €16,860 | +€15,000 | +806.5% |
| Distributable reserves | 133 | €1,860 | €16,860 | +€15,000 | +806.5% |
| Profit (loss) carried forward | 14 | €19,036 | €6,202 | -€12,834 | -67.4% |
| Amounts payable | 17/49 | €9,513 | €18,929 | +€9,416 | +99.0% |
| Amounts payable within one year | 42/48 | €9,513 | €18,929 | +€9,416 | +99.0% |
| Trade debts | 44 | €5,244 | €218 | -€5,026 | -95.8% |
| Suppliers | 440/4 | €5,244 | €218 | -€5,026 | -95.8% |
| Taxes, remuneration and social security | 45 | €2,016 | €17,182 | +€15,166 | +752.3% |
| Taxes | 450/3 | €2,016 | €17,182 | +€15,166 | +752.3% |
| Other amounts payable | 47/48 | €2,253 | €1,529 | -€724 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,859 | €4,329 | -€1,530 | -26.1% |
| Other operating charges | 640/8 | €2,594 | €2,656 | +€62 | +2.4% |
| Gross operating margin | 9900 | €9,472 | €31,521 | +€22,049 | +232.8% |
| Operating profit (loss) | 9901 | €1,019 | €24,536 | +€23,517 | +2307.9% |
| Financial income | 75/76B | €76 | €88 | +€12 | +15.5% |
| Recurring financial income | 75 | €76 | €88 | +€12 | +15.5% |
| Financial charges | 65/66B | €84 | €366 | +€282 | +336.6% |
| Recurring financial charges | 65 | €84 | €366 | +€282 | +336.6% |
| Profit (loss) for the period before taxes | 9903 | €1,011 | €24,258 | +€23,247 | +2299.0% |
| Income taxes | 67/77 | - | €7,092 | +€7,092 | |
| Profit (loss) for the period | 9904 | €1,011 | €17,166 | +€16,155 | +1597.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,011 | €17,166 | +€16,155 | +1597.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.