SYSCARE: what changed
Two financial 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.
SYSCARE
Largest movements
- Receivables within one year -€218,080
down €218,080 (-61.7%), from €353,701 to €135,621
of which Trade receivables: -€248,814
- Debts after one year -€300,000
down €300,000 (-54.5%), from €550,000 to €250,000
- Reserves +€65,764
up €65,764 (+17.5%), from €376,103 to €441,868
of which Distributable reserves: +€65,764
- Short-term financial debts +€40,000
up €40,000, from €0 to €40,000
- Tax, wage and social debts -€31,410
down €31,410 (-41.0%), from €76,594 to €45,184
of which Taxes: -€31,410
- Gross operating margin +€92,173
up €92,173 (+8,746%), from €1,054 to €93,227
- Taxes +€29,514
up €29,514 (+2,659%), from €1,110 to €30,624
- Financial income +€6,563
up €6,563 (+172%), from €3,813 to €10,376
- Other operating charges +€990
up €990 (+255%), from €387 to €1,377
From the 31-12-2024 result to the 31-12-2025 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.
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,140,087 | €922,576 | -€217,511 | -19.1% |
| Fixed assets | 21/28 | €784,751 | €785,968 | +€1,217 | +0.2% |
| Tangible fixed assets | 22/27 | €4,751 | €2,968 | -€1,783 | -37.5% |
| Furniture and vehicles | 24 | €1,580 | €1,043 | -€537 | -34.0% |
| Other tangible fixed assets | 26 | €3,171 | €1,925 | -€1,246 | -39.3% |
| Financial fixed assets | 28 | €780,000 | €783,000 | +€3,000 | +0.4% |
| Current assets | 29/58 | €355,336 | €136,609 | -€218,728 | -61.6% |
| Amounts receivable within one year | 40/41 | €353,701 | €135,621 | -€218,080 | -61.7% |
| Trade receivables | 40 | €250,000 | €1,186 | -€248,814 | -99.5% |
| Other amounts receivable | 41 | €103,701 | €134,436 | +€30,735 | +29.6% |
| Cash at bank and in hand | 54/58 | €663 | €911 | +€248 | +37.4% |
| Deferred charges and accrued income | 490/1 | €972 | €76 | -€896 | -92.2% |
| Total equity and liabilities | 10/49 | €1,140,087 | €922,576 | -€217,511 | -19.1% |
| Equity | 10/15 | €476,103 | €541,868 | +€65,764 | +13.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €376,103 | €441,868 | +€65,764 | +17.5% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €366,103 | €431,868 | +€65,764 | +18.0% |
| Amounts payable | 17/49 | €663,984 | €380,709 | -€283,275 | -42.7% |
| Amounts payable after more than one year | 17 | €550,000 | €250,000 | -€300,000 | -54.5% |
| Other amounts payable | 178/9 | €550,000 | €250,000 | -€300,000 | -54.5% |
| Amounts payable within one year | 42/48 | €113,984 | €130,709 | +€16,725 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | €40,000 | +€40,000 | |
| Credit institutions | 430/8 | €0 | €40,000 | +€40,000 | |
| Trade debts | 44 | €6,676 | €14,930 | +€8,254 | +124% |
| Suppliers | 440/4 | €6,676 | €14,930 | +€8,254 | +124% |
| Taxes, remuneration and social security | 45 | €76,594 | €45,184 | -€31,410 | -41.0% |
| Taxes | 450/3 | €76,594 | €45,184 | -€31,410 | -41.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €30,714 | €30,595 | -€119 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,783 | €1,783 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €1,377 | +€990 | +255% |
| Gross operating margin | 9900 | €1,054 | €93,227 | +€92,173 | +8,746% |
| Operating profit (loss) | 9901 | -€1,116 | €90,067 | +€91,184 | |
| Financial income | 75/76B | €3,813 | €10,376 | +€6,563 | +172% |
| Recurring financial income | 75 | €3,813 | €10,376 | +€6,563 | +172% |
| Financial charges | 65/66B | €4,895 | €4,055 | -€840 | -17.2% |
| Recurring financial charges | 65 | €4,895 | €4,055 | -€840 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,199 | €96,388 | +€98,587 | |
| Income taxes | 67/77 | €1,110 | €30,624 | +€29,514 | +2,659% |
| Profit (loss) for the period | 9904 | -€3,309 | €65,764 | +€69,073 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,309 | €65,764 | +€69,073 |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.