SYSMIC: 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.
SYSMIC
Largest movements
- Tangible fixed assets +€46,186
up €46,186 (+74.4%), from €62,065 to €108,251
of which Plant, machinery and equipment: +€24,364
- Receivables within one year -€27,423
down €27,423 (-87.8%), from €31,242 to €3,820
of which Trade receivables: -€14,390
- Cash +€11,067
up €11,067 (+50.3%), from €22,018 to €33,085
mainly Receivables within one year (+€27,423) and Other debts (+€22,145)
- Stocks and contracts -€9,450
down €9,450 (-30.8%), from €30,650 to €21,200
- Other debts +€22,145
up €22,145 (+24.6%), from €90,098 to €112,243
- Profit (loss) carried forward +€20,614
up €20,614 (+81.5%), from €25,286 to €45,900
- Trade debts -€20,175
down €20,175 (-90.4%), from €22,322 to €2,147
- Tax, wage and social debts -€2,162
down €2,162 (-35.3%), from €6,119 to €3,957
- Gross operating margin +€38,809
up €38,809 (+324.6%), from €11,954 to €50,763
- Depreciation +€9,074
up €9,074 (+71.6%), from €12,681 to €21,755
- Taxes +€3,957
new in 2025: €3,957
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 | €146,825 | €167,247 | +€20,422 | +13.9% |
| Fixed assets | 21/28 | €62,065 | €108,251 | +€46,186 | +74.4% |
| Tangible fixed assets | 22/27 | €62,065 | €108,251 | +€46,186 | +74.4% |
| Land and buildings | 22 | €5,550 | €4,907 | -€643 | -11.6% |
| Plant, machinery and equipment | 23 | €56,515 | €80,879 | +€24,364 | +43.1% |
| Furniture and vehicles | 24 | - | €22,464 | +€22,464 | |
| Current assets | 29/58 | €84,760 | €58,996 | -€25,764 | -30.4% |
| Stocks and contracts in progress | 3 | €30,650 | €21,200 | -€9,450 | -30.8% |
| Stocks | 30/36 | €30,650 | €21,200 | -€9,450 | -30.8% |
| Amounts receivable within one year | 40/41 | €31,242 | €3,820 | -€27,423 | -87.8% |
| Trade receivables | 40 | €14,753 | €363 | -€14,390 | -97.5% |
| Other amounts receivable | 41 | €16,490 | €3,457 | -€13,033 | -79.0% |
| Cash at bank and in hand | 54/58 | €22,018 | €33,085 | +€11,067 | +50.3% |
| Deferred charges and accrued income | 490/1 | €849 | €891 | +€41 | +4.9% |
| Total equity and liabilities | 10/49 | €146,825 | €167,247 | +€20,422 | +13.9% |
| Equity | 10/15 | €28,286 | €48,900 | +€20,614 | +72.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,286 | €45,900 | +€20,614 | +81.5% |
| Amounts payable | 17/49 | €118,539 | €118,346 | -€193 | -0.2% |
| Amounts payable within one year | 42/48 | €118,539 | €118,346 | -€193 | -0.2% |
| Trade debts | 44 | €22,322 | €2,147 | -€20,175 | -90.4% |
| Suppliers | 440/4 | €22,322 | €2,147 | -€20,175 | -90.4% |
| Taxes, remuneration and social security | 45 | €6,119 | €3,957 | -€2,162 | -35.3% |
| Taxes | 450/3 | €6,119 | €3,957 | -€2,162 | -35.3% |
| Other amounts payable | 47/48 | €90,098 | €112,243 | +€22,145 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,681 | €21,755 | +€9,074 | +71.6% |
| Other operating charges | 640/8 | €309 | €261 | -€48 | -15.5% |
| Non-recurring operating charges | 66A | - | €3,914 | +€3,914 | |
| Gross operating margin | 9900 | €11,954 | €50,763 | +€38,809 | +324.6% |
| Operating profit (loss) | 9901 | -€1,036 | €24,833 | +€25,869 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -45.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -45.0% |
| Financial charges | 65/66B | €42 | €263 | +€221 | +523.5% |
| Recurring financial charges | 65 | €42 | €263 | +€221 | +523.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,076 | €24,571 | +€25,648 | |
| Income taxes | 67/77 | - | €3,957 | +€3,957 | |
| Profit (loss) for the period | 9904 | -€1,076 | €20,614 | +€21,691 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,076 | €20,614 | +€21,691 |
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 11 October 2026 via checked.be.