SYSMOH: 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.
SYSMOH
Largest movements
- Tangible fixed assets +€89,636
up €89,636 (+548%), from €16,368 to €106,003
of which Assets under construction and advance payments: +€94,885
- Cash -€60,101
down €60,101 (-43.4%), from €138,605 to €78,504
mainly Investment in fixed assets (net) (-€94,885) and Tax, wage and social debts (-€10,294)
- Receivables within one year -€13,893
down €13,893 (-31.8%), from €43,657 to €29,764
of which Trade receivables: -€19,616
- Intangible fixed assets -€5,000
down €5,000 (-50.4%), from €9,918 to €4,919
- Profit (loss) carried forward +€13,287
up €13,287 (+17.4%), from €76,386 to €89,673
- Tax, wage and social debts -€10,294
down €10,294 (-89.9%), from €11,456 to €1,162
of which Taxes: -€9,963
- Trade debts +€7,671
up €7,671 (+7.4%), from €103,755 to €111,425
- Gross operating margin +€52,424
up €52,424, from -€27,989 to €24,435
- Other operating charges -€7,311
down €7,311 (-94.8%), from €7,711 to €400
- Depreciation -€834
down €834 (-7.5%), from €11,083 to €10,249
- Financial charges -€645
down €645 (-55.9%), from €1,152 to €508
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.
Derived cash bridge
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 | €212,051 | €221,980 | +€9,929 | +4.7% |
| Fixed assets | 21/28 | €29,076 | €113,712 | +€84,636 | +291% |
| Intangible fixed assets | 21 | €9,918 | €4,919 | -€5,000 | -50.4% |
| Tangible fixed assets | 22/27 | €16,368 | €106,003 | +€89,636 | +548% |
| Land and buildings | 22 | €7,200 | €6,087 | -€1,113 | -15.5% |
| Furniture and vehicles | 24 | €9,167 | €5,031 | -€4,136 | -45.1% |
| Assets under construction and advance payments | 27 | - | €94,885 | +€94,885 | |
| Financial fixed assets | 28 | €2,790 | €2,790 | = | 0.0% |
| Current assets | 29/58 | €182,975 | €108,268 | -€74,707 | -40.8% |
| Amounts receivable within one year | 40/41 | €43,657 | €29,764 | -€13,893 | -31.8% |
| Trade receivables | 40 | €41,215 | €21,599 | -€19,616 | -47.6% |
| Other amounts receivable | 41 | €2,442 | €8,165 | +€5,723 | +234% |
| Cash at bank and in hand | 54/58 | €138,605 | €78,504 | -€60,101 | -43.4% |
| Deferred charges and accrued income | 490/1 | €714 | - | -€714 | |
| Total equity and liabilities | 10/49 | €212,051 | €221,980 | +€9,929 | +4.7% |
| Equity | 10/15 | €96,106 | €109,393 | +€13,287 | +13.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,170 | €1,170 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,170 | €1,170 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,170 | €1,170 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,386 | €89,673 | +€13,287 | +17.4% |
| Amounts payable | 17/49 | €115,945 | €112,588 | -€3,357 | -2.9% |
| Amounts payable within one year | 42/48 | €115,945 | €112,588 | -€3,357 | -2.9% |
| Trade debts | 44 | €103,755 | €111,425 | +€7,671 | +7.4% |
| Suppliers | 440/4 | €103,755 | €111,425 | +€7,671 | +7.4% |
| Taxes, remuneration and social security | 45 | €11,456 | €1,162 | -€10,294 | -89.9% |
| Taxes | 450/3 | €11,126 | €1,162 | -€9,963 | -89.6% |
| Remuneration and social security | 454/9 | €330 | - | -€330 | |
| Other amounts payable | 47/48 | €735 | - | -€735 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,083 | €10,249 | -€834 | -7.5% |
| Other operating charges | 640/8 | €7,711 | €400 | -€7,311 | -94.8% |
| Gross operating margin | 9900 | -€27,989 | €24,435 | +€52,424 | |
| Operating profit (loss) | 9901 | -€46,783 | €13,787 | +€60,569 | |
| Financial income | 75/76B | €10 | €7 | -€3 | -26.6% |
| Recurring financial income | 75 | €10 | €7 | -€3 | -26.6% |
| Financial charges | 65/66B | €1,152 | €508 | -€645 | -55.9% |
| Recurring financial charges | 65 | €1,152 | €508 | -€645 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | -€47,925 | €13,287 | +€61,211 | |
| Income taxes | 67/77 | €143 | - | -€143 | |
| Profit (loss) for the period | 9904 | -€48,067 | €13,287 | +€61,354 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,067 | €13,287 | +€61,354 |
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 30 October 2026 via checked.be.