SysAndCode: 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.
SysAndCode
Largest movements
- Cash -€46,973
down €46,973 (-97.4%), from €48,209 to €1,236
mainly Receivables within one year (-€38,944) and Contributions, distributions and other (-€26,519)
- Receivables within one year +€38,944
up €38,944 (+158.4%), from €24,589 to €63,533
of which Other amounts receivable: +€19,512
- Tangible fixed assets -€6,666
down €6,666 (-46.3%), from €14,411 to €7,745
of which Furniture and vehicles: -€6,354
- Deferred charges and accrued income +€1,829
up €1,829 (+68.9%), from €2,657 to €4,487
- Other debts -€20,919
down €20,919 (-44.1%), from €47,438 to €26,519
- Tax, wage and social debts +€7,002
up €7,002 (+54.6%), from €12,818 to €19,821
- Trade debts +€1,052
up €1,052 (+690.0%), from €152 to €1,205
- Gross operating margin -€29,673
down €29,673 (-40.8%), from €72,736 to €43,063
- Taxes -€5,114
down €5,114 (-38.0%), from €13,469 to €8,356
- Financial income +€1,609
up €1,609 (+528.4%), from €304 to €1,913
- Other operating charges -€1,005
down €1,005 (-62.0%), from €1,623 to €617
- Depreciation -€799
down €799 (-7.8%), from €10,182 to €9,383
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 | €89,866 | €77,001 | -€12,865 | -14.3% |
| Fixed assets | 21/28 | €14,411 | €7,745 | -€6,666 | -46.3% |
| Tangible fixed assets | 22/27 | €14,411 | €7,745 | -€6,666 | -46.3% |
| Plant, machinery and equipment | 23 | €5,535 | €5,223 | -€312 | -5.6% |
| Furniture and vehicles | 24 | €8,875 | €2,522 | -€6,354 | -71.6% |
| Current assets | 29/58 | €75,455 | €69,256 | -€6,199 | -8.2% |
| Amounts receivable within one year | 40/41 | €24,589 | €63,533 | +€38,944 | +158.4% |
| Trade receivables | 40 | - | €19,433 | +€19,433 | |
| Other amounts receivable | 41 | €24,589 | €44,101 | +€19,512 | +79.4% |
| Cash at bank and in hand | 54/58 | €48,209 | €1,236 | -€46,973 | -97.4% |
| Deferred charges and accrued income | 490/1 | €2,657 | €4,487 | +€1,829 | +68.9% |
| Total equity and liabilities | 10/49 | €89,866 | €77,001 | -€12,865 | -14.3% |
| Equity | 10/15 | €29,457 | €29,457 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,257 | €23,257 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €22,637 | €22,637 | = | 0.0% |
| Amounts payable | 17/49 | €60,409 | €47,544 | -€12,865 | -21.3% |
| Amounts payable within one year | 42/48 | €60,409 | €47,544 | -€12,865 | -21.3% |
| Trade debts | 44 | €152 | €1,205 | +€1,052 | +690.0% |
| Suppliers | 440/4 | €152 | €1,205 | +€1,052 | +690.0% |
| Taxes, remuneration and social security | 45 | €12,818 | €19,821 | +€7,002 | +54.6% |
| Taxes | 450/3 | €12,818 | €19,821 | +€7,002 | +54.6% |
| Other amounts payable | 47/48 | €47,438 | €26,519 | -€20,919 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,182 | €9,383 | -€799 | -7.8% |
| Other operating charges | 640/8 | €1,623 | €617 | -€1,005 | -62.0% |
| Gross operating margin | 9900 | €72,736 | €43,063 | -€29,673 | -40.8% |
| Operating profit (loss) | 9901 | €60,932 | €33,062 | -€27,869 | -45.7% |
| Financial income | 75/76B | €304 | €1,913 | +€1,609 | +528.4% |
| Recurring financial income | 75 | €304 | €1,913 | +€1,609 | +528.4% |
| Financial charges | 65/66B | €328 | €100 | -€228 | -69.4% |
| Recurring financial charges | 65 | €328 | €100 | -€228 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | €60,908 | €34,875 | -€26,033 | -42.7% |
| Income taxes | 67/77 | €13,469 | €8,356 | -€5,114 | -38.0% |
| Profit (loss) for the period | 9904 | €47,438 | €26,519 | -€20,919 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,438 | €26,519 | -€20,919 | -44.1% |
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 29 September 2026 via checked.be.