SYSTUNE: 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.
SYSTUNE
Largest movements
- Cash +€27,151
up €27,151 (+9.8%), from €277,438 to €304,589
mainly Net result for the year (+€18,294) and Receivables within one year (+€7,764)
- Receivables within one year -€7,764
down €7,764 (-46.8%), from €16,580 to €8,816
of which Trade receivables: -€7,260
- Reserves +€18,294
up €18,294 (+15.3%), from €119,879 to €138,173
No income-statement line moved by more than 1% of the activity.
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 | €295,604 | €315,437 | +€19,833 | +6.7% |
| Fixed assets | 21/28 | €639 | €1,036 | +€397 | +62.0% |
| Tangible fixed assets | 22/27 | €639 | €1,036 | +€397 | +62.0% |
| Furniture and vehicles | 24 | €639 | €1,036 | +€397 | +62.0% |
| Current assets | 29/58 | €294,964 | €314,401 | +€19,437 | +6.6% |
| Amounts receivable within one year | 40/41 | €16,580 | €8,816 | -€7,764 | -46.8% |
| Trade receivables | 40 | €14,520 | €7,260 | -€7,260 | -50.0% |
| Other amounts receivable | 41 | €2,060 | €1,556 | -€504 | -24.5% |
| Cash at bank and in hand | 54/58 | €277,438 | €304,589 | +€27,151 | +9.8% |
| Deferred charges and accrued income | 490/1 | €946 | €996 | +€50 | +5.2% |
| Total equity and liabilities | 10/49 | €295,604 | €315,437 | +€19,833 | +6.7% |
| Equity | 10/15 | €243,371 | €261,665 | +€18,294 | +7.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €119,879 | €138,173 | +€18,294 | +15.3% |
| Distributable reserves | 133 | €119,879 | €138,173 | +€18,294 | +15.3% |
| Profit (loss) carried forward | 14 | €103,492 | €103,492 | = | 0.0% |
| Amounts payable | 17/49 | €52,233 | €53,772 | +€1,539 | +2.9% |
| Amounts payable within one year | 42/48 | €52,233 | €53,772 | +€1,539 | +2.9% |
| Trade debts | 44 | €1,125 | €2,880 | +€1,755 | +156.1% |
| Suppliers | 440/4 | €1,125 | €2,880 | +€1,755 | +156.1% |
| Taxes, remuneration and social security | 45 | €1,273 | €1,260 | -€13 | -1.0% |
| Taxes | 450/3 | €1,273 | €1,260 | -€13 | -1.0% |
| Other amounts payable | 47/48 | €49,835 | €49,632 | -€203 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623 | €430 | -€193 | -31.0% |
| Other operating charges | 640/8 | €1,027 | €876 | -€150 | -14.7% |
| Gross operating margin | 9900 | €24,177 | €24,380 | +€202 | +0.8% |
| Operating profit (loss) | 9901 | €22,528 | €23,074 | +€546 | +2.4% |
| Financial income | 75/76B | €2,694 | €2,699 | +€4 | +0.2% |
| Recurring financial income | 75 | €2,694 | €2,699 | +€4 | +0.2% |
| Financial charges | 65/66B | €416 | €190 | -€226 | -54.3% |
| Recurring financial charges | 65 | €416 | €190 | -€226 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €24,806 | €25,582 | +€776 | +3.1% |
| Income taxes | 67/77 | €7,102 | €7,288 | +€186 | +2.6% |
| Profit (loss) for the period | 9904 | €17,704 | €18,294 | +€590 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,704 | €18,294 | +€590 | +3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.