SYSDIS: 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.
SYSDIS
Largest movements
- Receivables within one year -€28,354
down €28,354 (-54.0%), from €52,551 to €24,198
of which Trade receivables: -€14,783
- Receivables after one year +€7,829
up €7,829 (+7.9%), from €99,535 to €107,364
- Trade debts -€19,562
down €19,562 (-59.8%), from €32,737 to €13,175
- Reserves -€6,200
down €6,200 (-9.1%), from €68,060 to €61,860
of which Distributable reserves: -€6,200
- Other debts +€4,750
up €4,750 (+62.5%), from €7,600 to €12,350
- Tax, wage and social debts +€2,346
up €2,346 (+20.0%), from €11,757 to €14,103
- Gross operating margin +€7,436
up €7,436 (+104.2%), from €7,138 to €14,574
- Taxes +€2,760
up €2,760 (+62.4%), from €4,420 to €7,180
- Financial income -€2,548
down €2,548 (-54.5%), from €4,678 to €2,130
- Financial charges +€487
up €487 (+65.5%), from €745 to €1,232
- Other operating charges +€411
up €411 (+41.5%), from €991 to €1,402
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 | €155,004 | €134,991 | -€20,013 | -12.9% |
| Fixed assets | 21/28 | €2,070 | €2,015 | -€55 | -2.7% |
| Tangible fixed assets | 22/27 | €55 | - | -€55 | |
| Furniture and vehicles | 24 | €55 | - | -€55 | |
| Financial fixed assets | 28 | €2,015 | €2,015 | = | 0.0% |
| Current assets | 29/58 | €152,934 | €132,976 | -€19,958 | -13.1% |
| Amounts receivable after more than one year | 29 | €99,535 | €107,364 | +€7,829 | +7.9% |
| Other amounts receivable | 291 | €99,535 | €107,364 | +€7,829 | +7.9% |
| Amounts receivable within one year | 40/41 | €52,551 | €24,198 | -€28,354 | -54.0% |
| Trade receivables | 40 | €36,805 | €22,023 | -€14,783 | -40.2% |
| Other amounts receivable | 41 | €15,746 | €2,175 | -€13,571 | -86.2% |
| Cash at bank and in hand | 54/58 | €65 | €65 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €782 | €1,349 | +€566 | +72.4% |
| Total equity and liabilities | 10/49 | €155,004 | €134,991 | -€20,013 | -12.9% |
| Equity | 10/15 | €96,493 | €90,328 | -€6,165 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,060 | €61,860 | -€6,200 | -9.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €66,200 | €60,000 | -€6,200 | -9.4% |
| Profit (loss) carried forward | 14 | €9,833 | €9,868 | +€35 | +0.4% |
| Amounts payable | 17/49 | €58,510 | €44,662 | -€13,848 | -23.7% |
| Amounts payable within one year | 42/48 | €58,510 | €44,662 | -€13,848 | -23.7% |
| Financial debts | 43 | €5,696 | €5,034 | -€662 | -11.6% |
| Credit institutions | 430/8 | €5,696 | €5,034 | -€662 | -11.6% |
| Trade debts | 44 | €32,737 | €13,175 | -€19,562 | -59.8% |
| Suppliers | 440/4 | €32,737 | €13,175 | -€19,562 | -59.8% |
| Advances received on contracts in progress | 46 | €721 | - | -€721 | |
| Taxes, remuneration and social security | 45 | €11,757 | €14,103 | +€2,346 | +20.0% |
| Taxes | 450/3 | €11,757 | €14,103 | +€2,346 | +20.0% |
| Other amounts payable | 47/48 | €7,600 | €12,350 | +€4,750 | +62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €365 | €55 | -€310 | -84.9% |
| Other operating charges | 640/8 | €991 | €1,402 | +€411 | +41.5% |
| Gross operating margin | 9900 | €7,138 | €14,574 | +€7,436 | +104.2% |
| Operating profit (loss) | 9901 | €5,782 | €13,117 | +€7,335 | +126.9% |
| Financial income | 75/76B | €4,678 | €2,130 | -€2,548 | -54.5% |
| Recurring financial income | 75 | €4,678 | €2,130 | -€2,548 | -54.5% |
| Financial charges | 65/66B | €745 | €1,232 | +€487 | +65.5% |
| Recurring financial charges | 65 | €745 | €1,232 | +€487 | +65.5% |
| Profit (loss) for the period before taxes | 9903 | €9,716 | €14,015 | +€4,299 | +44.3% |
| Income taxes | 67/77 | €4,420 | €7,180 | +€2,760 | +62.4% |
| Profit (loss) for the period | 9904 | €5,296 | €6,835 | +€1,539 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,296 | €6,835 | +€1,539 | +29.1% |
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 3 October 2026 via checked.be.