SYSCOL: 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.
SYSCOL
Largest movements
- Cash +€32,705
up €32,705 (+209.5%), from €15,612 to €48,317
mainly Trade debts (+€23,819) and Depreciation (+€12,804)
- Tangible fixed assets -€7,530
down €7,530 (-14.6%), from €51,722 to €44,191
of which Furniture and vehicles: -€9,218
- Receivables within one year -€4,026
down €4,026 (-8.1%), from €49,579 to €45,554
of which Trade receivables: -€2,680
- Deferred charges and accrued income +€3,937
up €3,937 (+5696.0%), from €69 to €4,006
- Trade debts +€23,819
up €23,819 (+65.4%), from €36,426 to €60,245
of which Suppliers: +€20,097
- Other debts +€6,572
up €6,572 (+61.1%), from €10,758 to €17,330
- Debts after one year -€5,409
down €5,409 (-24.6%), from €21,956 to €16,548
- Short-term financial debts -€2,769
down €2,769 (-22.4%), from €12,367 to €9,597
- Profit (loss) carried forward +€2,620
up €2,620 (+20.0%), from €13,094 to €15,714
- Turnover +€41,679
up €41,679 (+28.5%), from €146,130 to €187,809
- Purchases and services +€39,566
up €39,566 (+30.8%), from €128,455 to €168,022
- Depreciation +€2,222
up €2,222 (+21.0%), from €10,582 to €12,804
- Gross operating margin +€2,113
up €2,113 (+12.0%), from €17,675 to €19,788
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 | €118,924 | €144,010 | +€25,086 | +21.1% |
| Fixed assets | 21/28 | €51,722 | €44,191 | -€7,530 | -14.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €51,722 | €44,191 | -€7,530 | -14.6% |
| Land and buildings | 22 | €155 | €155 | = | 0.0% |
| Plant, machinery and equipment | 23 | €7,035 | €8,722 | +€1,687 | +24.0% |
| Furniture and vehicles | 24 | €44,282 | €35,064 | -€9,218 | -20.8% |
| Other tangible fixed assets | 26 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €67,202 | €99,819 | +€32,617 | +48.5% |
| Stocks and contracts in progress | 3 | €1,942 | €1,942 | = | 0.0% |
| Stocks | 30/36 | €1,942 | €1,942 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,579 | €45,554 | -€4,026 | -8.1% |
| Trade receivables | 40 | €48,233 | €45,554 | -€2,680 | -5.6% |
| Other amounts receivable | 41 | €1,346 | - | -€1,346 | |
| Cash at bank and in hand | 54/58 | €15,612 | €48,317 | +€32,705 | +209.5% |
| Deferred charges and accrued income | 490/1 | €69 | €4,006 | +€3,937 | +5696.0% |
| Total equity and liabilities | 10/49 | €118,924 | €144,010 | +€25,086 | +21.1% |
| Equity | 10/15 | €27,145 | €29,766 | +€2,620 | +9.7% |
| Contributions | 10/11 | €12,495 | €12,495 | = | 0.0% |
| Capital | 10 | €12,495 | €12,495 | = | 0.0% |
| Issued capital | 100 | €37,494 | €37,494 | = | 0.0% |
| Uncalled capital | 101 | €24,999 | €24,999 | = | 0.0% |
| Reserves | 13 | €1,556 | €1,556 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,556 | €1,556 | = | 0.0% |
| Legal reserve | 130 | €1,556 | €1,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,094 | €15,714 | +€2,620 | +20.0% |
| Amounts payable | 17/49 | €91,779 | €114,245 | +€22,466 | +24.5% |
| Amounts payable after more than one year | 17 | €21,956 | €16,548 | -€5,409 | -24.6% |
| Financial debts | 170/4 | €21,956 | €16,548 | -€5,409 | -24.6% |
| Amounts payable within one year | 42/48 | €67,250 | €97,697 | +€30,447 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €5,197 | €5,409 | +€211 | +4.1% |
| Financial debts | 43 | €12,367 | €9,597 | -€2,769 | -22.4% |
| Credit institutions | 430/8 | €12,367 | €9,597 | -€2,769 | -22.4% |
| Trade debts | 44 | €36,426 | €60,245 | +€23,819 | +65.4% |
| Suppliers | 440/4 | €35,736 | €55,833 | +€20,097 | +56.2% |
| Bills of exchange payable | 441 | €690 | €4,412 | +€3,722 | +539.6% |
| Taxes, remuneration and social security | 45 | €2,502 | €5,116 | +€2,614 | +104.5% |
| Taxes | 450/3 | €1,817 | €5,116 | +€3,299 | +181.6% |
| Remuneration and social security | 454/9 | €685 | - | -€685 | |
| Other amounts payable | 47/48 | €10,758 | €17,330 | +€6,572 | +61.1% |
| Accrued charges and deferred income | 492/3 | €2,573 | - | -€2,573 | |
| Turnover | 70 | €146,130 | €187,809 | +€41,679 | +28.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €128,455 | €168,022 | +€39,566 | +30.8% |
| Remuneration, social security and pensions | 62 | €779 | €2,170 | +€1,391 | +178.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,582 | €12,804 | +€2,222 | +21.0% |
| Other operating charges | 640/8 | €416 | €206 | -€210 | -50.4% |
| Gross operating margin | 9900 | €17,675 | €19,788 | +€2,113 | +12.0% |
| Operating profit (loss) | 9901 | €5,899 | €4,608 | -€1,291 | -21.9% |
| Financial income | 75/76B | €112 | - | -€112 | |
| Recurring financial income | 75 | €112 | - | -€112 | |
| Financial charges | 65/66B | €673 | €1,519 | +€846 | +125.6% |
| Recurring financial charges | 65 | €673 | €1,519 | +€846 | +125.6% |
| Profit (loss) for the period before taxes | 9903 | €5,337 | €3,089 | -€2,249 | -42.1% |
| Income taxes | 67/77 | €1,294 | €855 | -€440 | -34.0% |
| Profit (loss) for the period | 9904 | €4,043 | €2,234 | -€1,809 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,043 | €2,234 | -€1,809 | -44.7% |
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 2 October 2026 via checked.be.