SYSNET SOLUTIONS: 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.
SYSNET SOLUTIONS
Largest movements
- Receivables within one year +€59,770
up €59,770 (+64.1%), from €93,260 to €153,030
of which Trade receivables: +€49,514
- Deferred charges and accrued income +€25,191
up €25,191 (+1186.3%), from €2,124 to €27,315
- Cash -€20,207
down €20,207 (-13.4%), from €150,582 to €130,375
mainly Receivables within one year (-€59,770) and Deferred charges and accrued income (-€25,191)
- Tangible fixed assets -€19,713
down €19,713 (-27.5%), from €71,717 to €52,004
of which Furniture and vehicles: -€19,176
- Reserves +€40,342
up €40,342 (+11.1%), from €364,846 to €405,188
- Other debts +€5,253
new in 2025: €5,253
- Gross operating margin -€48,893
down €48,893 (-37.9%), from €128,867 to €79,974
- Taxes -€14,353
down €14,353 (-47.2%), from €30,421 to €16,069
- Financial income -€1,321
down €1,321 (-87.0%), from €1,518 to €197
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 | €404,190 | €449,232 | +€45,042 | +11.1% |
| Fixed assets | 21/28 | €71,717 | €52,004 | -€19,713 | -27.5% |
| Tangible fixed assets | 22/27 | €71,717 | €52,004 | -€19,713 | -27.5% |
| Land and buildings | 22 | €4,293 | €3,756 | -€537 | -12.5% |
| Furniture and vehicles | 24 | €67,423 | €48,248 | -€19,176 | -28.4% |
| Current assets | 29/58 | €332,473 | €397,228 | +€64,754 | +19.5% |
| Amounts receivable within one year | 40/41 | €93,260 | €153,030 | +€59,770 | +64.1% |
| Trade receivables | 40 | €32,584 | €82,098 | +€49,514 | +152.0% |
| Other amounts receivable | 41 | €60,675 | €70,932 | +€10,257 | +16.9% |
| Current investments | 50/53 | €86,508 | €86,508 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €150,582 | €130,375 | -€20,207 | -13.4% |
| Deferred charges and accrued income | 490/1 | €2,124 | €27,315 | +€25,191 | +1186.3% |
| Total equity and liabilities | 10/49 | €404,190 | €449,232 | +€45,042 | +11.1% |
| Equity | 10/15 | €371,046 | €411,388 | +€40,342 | +10.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €364,846 | €405,188 | +€40,342 | +11.1% |
| Distributable reserves | 133 | €364,846 | €405,188 | +€40,342 | +11.1% |
| Amounts payable | 17/49 | €33,144 | €37,844 | +€4,700 | +14.2% |
| Amounts payable within one year | 42/48 | €31,455 | €36,941 | +€5,486 | +17.4% |
| Trade debts | 44 | - | €956 | +€956 | |
| Suppliers | 440/4 | - | €956 | +€956 | |
| Taxes, remuneration and social security | 45 | €31,455 | €30,732 | -€723 | -2.3% |
| Taxes | 450/3 | €31,455 | €30,732 | -€723 | -2.3% |
| Other amounts payable | 47/48 | - | €5,253 | +€5,253 | |
| Accrued charges and deferred income | 492/3 | €1,689 | €903 | -€787 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,034 | €22,809 | -€225 | -1.0% |
| Other operating charges | 640/8 | €237 | €284 | +€47 | +19.7% |
| Gross operating margin | 9900 | €128,867 | €79,974 | -€48,893 | -37.9% |
| Operating profit (loss) | 9901 | €105,596 | €56,881 | -€48,715 | -46.1% |
| Financial income | 75/76B | €1,518 | €197 | -€1,321 | -87.0% |
| Recurring financial income | 75 | €1,518 | €197 | -€1,321 | -87.0% |
| Financial charges | 65/66B | €270 | €667 | +€397 | +147.3% |
| Recurring financial charges | 65 | €270 | €667 | +€397 | +147.3% |
| Profit (loss) for the period before taxes | 9903 | €106,844 | €56,411 | -€50,433 | -47.2% |
| Income taxes | 67/77 | €30,421 | €16,069 | -€14,353 | -47.2% |
| Profit (loss) for the period | 9904 | €76,423 | €40,342 | -€36,081 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,423 | €40,342 | -€36,081 | -47.2% |
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 30 September 2026 via checked.be.