SYTKO-construct: 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.
SYTKO-construct
Largest movements
- Cash -€70,933
down €70,933 (-39.4%), from €180,241 to €109,307
mainly Accrued charges and deferred income (-€88,605) and Tax, wage and social debts (-€27,068)
- Receivables within one year -€33,752
down €33,752 (-43.0%), from €78,426 to €44,674
of which Other amounts receivable: -€53,459
- Financial fixed assets +€5,000
new in 2025: €5,000
- Accrued charges and deferred income -€88,605
down €88,605 (-63.7%), from €139,164 to €50,559
- Tax, wage and social debts -€27,068
down €27,068 (-56.5%), from €47,905 to €20,837
- Profit (loss) carried forward -€22,722
down €22,722, from €15,020 to -€7,702
- Other debts +€22,599
up €22,599 (+64.6%), from €35,003 to €57,602
- Trade debts +€16,110
up €16,110 (+1022.8%), from €1,575 to €17,685
- Gross operating margin -€43,382
down €43,382, from €15,300 to -€28,082
- Financial charges -€8,046
down €8,046 (-59.0%), from €13,640 to €5,595
of which Financial charges: -€7,227
- Financial income -€4,491
down €4,491 (-28.0%), from €16,039 to €11,548
of which Financial income: -€3,375
- Taxes -€4,089
no longer reported in 2025 (was €4,089)
- Other operating charges -€773
down €773 (-56.6%), from €1,366 to €593
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 | €258,666 | €158,981 | -€99,686 | -38.5% |
| Fixed assets | 21/28 | - | €5,000 | +€5,000 | |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €258,666 | €153,981 | -€104,686 | -40.5% |
| Amounts receivable within one year | 40/41 | €78,426 | €44,674 | -€33,752 | -43.0% |
| Trade receivables | 40 | €18,426 | €38,133 | +€19,707 | +107.0% |
| Other amounts receivable | 41 | €60,000 | €6,541 | -€53,459 | -89.1% |
| Cash at bank and in hand | 54/58 | €180,241 | €109,307 | -€70,933 | -39.4% |
| Total equity and liabilities | 10/49 | €258,666 | €158,981 | -€99,686 | -38.5% |
| Equity | 10/15 | €35,020 | €12,298 | -€22,722 | -64.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,020 | -€7,702 | -€22,722 | |
| Amounts payable | 17/49 | €223,646 | €146,682 | -€76,964 | -34.4% |
| Amounts payable within one year | 42/48 | €84,483 | €96,124 | +€11,641 | +13.8% |
| Trade debts | 44 | €1,575 | €17,685 | +€16,110 | +1022.8% |
| Suppliers | 440/4 | €1,575 | €17,685 | +€16,110 | +1022.8% |
| Taxes, remuneration and social security | 45 | €47,905 | €20,837 | -€27,068 | -56.5% |
| Taxes | 450/3 | €47,905 | €20,837 | -€27,068 | -56.5% |
| Other amounts payable | 47/48 | €35,003 | €57,602 | +€22,599 | +64.6% |
| Accrued charges and deferred income | 492/3 | €139,164 | €50,559 | -€88,605 | -63.7% |
| Other operating charges | 640/8 | €1,366 | €593 | -€773 | -56.6% |
| Gross operating margin | 9900 | €15,300 | -€28,082 | -€43,382 | |
| Operating profit (loss) | 9901 | €13,934 | -€28,676 | -€42,609 | |
| Financial income | 75/76B | €16,039 | €11,548 | -€4,491 | -28.0% |
| Recurring financial income | 75 | €14,923 | €11,548 | -€3,375 | -22.6% |
| Non-recurring financial income | 76B | €1,116 | - | -€1,116 | |
| Financial charges | 65/66B | €13,640 | €5,595 | -€8,046 | -59.0% |
| Recurring financial charges | 65 | €12,822 | €5,595 | -€7,227 | -56.4% |
| Non-recurring financial charges | 66B | €818 | - | -€818 | |
| Profit (loss) for the period before taxes | 9903 | €16,333 | -€22,722 | -€39,055 | |
| Income taxes | 67/77 | €4,089 | - | -€4,089 | |
| Profit (loss) for the period | 9904 | €12,243 | -€22,722 | -€34,965 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,243 | -€22,722 | -€34,965 |
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 8 October 2026 via checked.be.