SYSAR: 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.
SYSAR
Largest movements
- Receivables within one year +€18,719
up €18,719 (+2814.9%), from €665 to €19,384
of which Other amounts receivable: +€18,358
- Stocks and contracts -€11,550
down €11,550 (-59.5%), from €19,408 to €7,858
- Cash -€4,982
down €4,982 (-23.6%), from €21,114 to €16,132
mainly Receivables within one year (-€18,719) and Trade debts (-€2,858)
- Reserves +€7,747
up €7,747 (+85.1%), from €9,099 to €16,846
of which Distributable reserves: +€7,747
- Trade debts -€2,858
down €2,858 (-59.0%), from €4,848 to €1,990
- Tax, wage and social debts -€2,264
down €2,264 (-23.0%), from €9,855 to €7,591
of which Remuneration and social security: -€2,030
- Gross operating margin +€12,050
up €12,050 (+41.9%), from €28,749 to €40,799
- Taxes +€2,761
up €2,761 (+202.6%), from €1,363 to €4,124
- Staff costs +€543
up €543 (+2.1%), from €26,463 to €27,006
- Financial income +€462
up €462 (+1320.6%), from €35 to €497
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 | €42,416 | €45,019 | +€2,603 | +6.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €42,416 | €45,019 | +€2,603 | +6.1% |
| Stocks and contracts in progress | 3 | €19,408 | €7,858 | -€11,550 | -59.5% |
| Stocks | 30/36 | €19,408 | €7,858 | -€11,550 | -59.5% |
| Amounts receivable within one year | 40/41 | €665 | €19,384 | +€18,719 | +2814.9% |
| Trade receivables | 40 | €665 | €1,026 | +€361 | +54.3% |
| Other amounts receivable | 41 | €0 | €18,358 | +€18,358 | |
| Cash at bank and in hand | 54/58 | €21,114 | €16,132 | -€4,982 | -23.6% |
| Deferred charges and accrued income | 490/1 | €1,228 | €1,645 | +€416 | +33.9% |
| Total equity and liabilities | 10/49 | €42,416 | €45,019 | +€2,603 | +6.1% |
| Equity | 10/15 | €27,691 | €35,438 | +€7,747 | +28.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,099 | €16,846 | +€7,747 | +85.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €7,239 | €14,987 | +€7,747 | +107.0% |
| Amounts payable | 17/49 | €14,725 | €9,581 | -€5,145 | -34.9% |
| Amounts payable within one year | 42/48 | €14,725 | €9,581 | -€5,145 | -34.9% |
| Trade debts | 44 | €4,848 | €1,990 | -€2,858 | -59.0% |
| Suppliers | 440/4 | €4,848 | €1,990 | -€2,858 | -59.0% |
| Taxes, remuneration and social security | 45 | €9,855 | €7,591 | -€2,264 | -23.0% |
| Taxes | 450/3 | €4,544 | €4,311 | -€234 | -5.1% |
| Remuneration and social security | 454/9 | €5,311 | €3,281 | -€2,030 | -38.2% |
| Other amounts payable | 47/48 | €23 | €0 | -€23 | -100.0% |
| Remuneration, social security and pensions | 62 | €26,463 | €27,006 | +€543 | +2.1% |
| Other operating charges | 640/8 | €1,595 | €1,852 | +€257 | +16.1% |
| Gross operating margin | 9900 | €28,749 | €40,799 | +€12,050 | +41.9% |
| Operating profit (loss) | 9901 | €691 | €11,941 | +€11,250 | +1628.2% |
| Financial income | 75/76B | €35 | €497 | +€462 | +1320.6% |
| Recurring financial income | 75 | €35 | €497 | +€462 | +1320.6% |
| Financial charges | 65/66B | €492 | €566 | +€74 | +15.1% |
| Recurring financial charges | 65 | €492 | €566 | +€74 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €234 | €11,872 | +€11,638 | +4968.7% |
| Income taxes | 67/77 | €1,363 | €4,124 | +€2,761 | +202.6% |
| Profit (loss) for the period | 9904 | -€1,129 | €7,747 | +€8,876 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,129 | €7,747 | +€8,876 |
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 28 September 2026 via checked.be.