SYSAXA: 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.
SYSAXA
Largest movements
- Cash +€138,274
up €138,274 (+1412.2%), from €9,792 to €148,066
mainly Receivables within one year (+€87,373) and Investment in fixed assets (net) (+€30,000)
- Receivables within one year -€87,373
down €87,373 (-97.8%), from €89,325 to €1,952
of which Other amounts receivable: -€82,835
- Financial fixed assets -€30,000
down €30,000 (-99.8%), from €30,050 to €50
- Profit (loss) carried forward +€24,063
up €24,063 (+34.9%), from €68,994 to €93,056
- Tax, wage and social debts -€6,373
down €6,373 (-97.0%), from €6,571 to €197
of which Taxes: -€6,373
- Other debts +€1,748
new in 2025: €1,748
- Financial income +€16,000
up €16,000 (+106.7%), from €15,000 to €31,000
of which Non-recurring financial income: +€31,000
- Gross operating margin -€7,201
down €7,201, from €1,413 to -€5,788
- Other operating charges +€642
up €642 (+165.7%), from €387 to €1,029
- Taxes -€197
no longer reported in 2025 (was €197)
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 | €129,167 | €150,068 | +€20,901 | +16.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €30,050 | €50 | -€30,000 | -99.8% |
| Financial fixed assets | 28 | €30,050 | €50 | -€30,000 | -99.8% |
| Current assets | 29/58 | €99,117 | €150,018 | +€50,901 | +51.4% |
| Amounts receivable within one year | 40/41 | €89,325 | €1,952 | -€87,373 | -97.8% |
| Trade receivables | 40 | €4,538 | €0 | -€4,538 | -100.0% |
| Other amounts receivable | 41 | €84,788 | €1,952 | -€82,835 | -97.7% |
| Cash at bank and in hand | 54/58 | €9,792 | €148,066 | +€138,274 | +1412.2% |
| Total equity and liabilities | 10/49 | €129,167 | €150,068 | +€20,901 | +16.2% |
| Equity | 10/15 | €121,994 | €146,056 | +€24,063 | +19.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €23,000 | €23,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,994 | €93,056 | +€24,063 | +34.9% |
| Amounts payable | 17/49 | €7,173 | €4,012 | -€3,161 | -44.1% |
| Amounts payable within one year | 42/48 | €6,786 | €3,612 | -€3,174 | -46.8% |
| Trade debts | 44 | €215 | €1,667 | +€1,452 | +675.8% |
| Suppliers | 440/4 | €215 | €1,667 | +€1,452 | +675.8% |
| Taxes, remuneration and social security | 45 | €6,571 | €197 | -€6,373 | -97.0% |
| Taxes | 450/3 | €6,571 | €197 | -€6,373 | -97.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | - | €1,748 | +€1,748 | |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Other operating charges | 640/8 | €387 | €1,029 | +€642 | +165.7% |
| Gross operating margin | 9900 | €1,413 | -€5,788 | -€7,201 | |
| Operating profit (loss) | 9901 | €1,026 | -€6,817 | -€7,843 | |
| Financial income | 75/76B | €15,000 | €31,000 | +€16,000 | +106.7% |
| Recurring financial income | 75 | €15,000 | €31,000 | +€16,000 | +106.7% |
| Non-recurring financial income | 76B | - | €31,000 | +€31,000 | |
| Financial charges | 65/66B | €120 | €120 | -€0 | 0.0% |
| Recurring financial charges | 65 | €120 | €120 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €15,906 | €24,063 | +€8,157 | +51.3% |
| Income taxes | 67/77 | €197 | - | -€197 | |
| Profit (loss) for the period | 9904 | €15,708 | €24,063 | +€8,354 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,708 | €24,063 | +€8,354 | +53.2% |
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.