Syva: 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.
Syva
Largest movements
- Current investments -€320,000
down €320,000 (-100.0%), from €320,095 to €95
- Tangible fixed assets +€218,424
up €218,424 (+21.6%), from €1.0m to €1.2m
- Cash +€96,785
up €96,785 (+195.3%), from €49,550 to €146,334
mainly Current investments (+€320,000) and Depreciation (+€87,063)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€14,372
down €14,372 (-11.9%), from €120,620 to €106,248
- Financial income -€11,561
down €11,561 (-74.4%), from €15,541 to €3,980
- Taxes -€8,525
down €8,525 (-91.2%), from €9,345 to €820
- Depreciation +€4,687
up €4,687 (+5.7%), from €82,376 to €87,063
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 | €1,665,622 | €1,665,299 | -€323 | 0.0% |
| Fixed assets | 21/28 | €1,010,138 | €1,228,562 | +€218,424 | +21.6% |
| Tangible fixed assets | 22/27 | €1,010,138 | €1,228,562 | +€218,424 | +21.6% |
| Land and buildings | 22 | €1,010,138 | €1,228,562 | +€218,424 | +21.6% |
| Current assets | 29/58 | €655,484 | €436,737 | -€218,747 | -33.4% |
| Amounts receivable within one year | 40/41 | €258,104 | €262,239 | +€4,135 | +1.6% |
| Trade receivables | 40 | €19,423 | €9,123 | -€10,300 | -53.0% |
| Other amounts receivable | 41 | €238,681 | €253,116 | +€14,435 | +6.0% |
| Current investments | 50/53 | €320,095 | €95 | -€320,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €49,550 | €146,334 | +€96,785 | +195.3% |
| Deferred charges and accrued income | 490/1 | €27,736 | €28,069 | +€333 | +1.2% |
| Total equity and liabilities | 10/49 | €1,665,622 | €1,665,299 | -€323 | 0.0% |
| Equity | 10/15 | €1,372,279 | €1,370,155 | -€2,125 | -0.2% |
| Contributions | 10/11 | €903,000 | €903,000 | = | 0.0% |
| Capital | 10 | €903,000 | €903,000 | = | 0.0% |
| Issued capital | 100 | €903,000 | €903,000 | = | 0.0% |
| Reserves | 13 | €441,430 | €437,390 | -€4,040 | -0.9% |
| Non-distributable reserves | 130/1 | €36,221 | €36,322 | +€101 | +0.3% |
| Legal reserve | 130 | €36,221 | €36,322 | +€101 | +0.3% |
| Tax-exempt reserves | 132 | €97,210 | €93,069 | -€4,141 | -4.3% |
| Distributable reserves | 133 | €308,000 | €308,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,849 | €29,764 | +€1,916 | +6.9% |
| Provisions and deferred taxes | 16 | €32,403 | €31,195 | -€1,208 | -3.7% |
| Deferred taxes | 168 | €32,403 | €31,195 | -€1,208 | -3.7% |
| Amounts payable | 17/49 | €260,940 | €263,950 | +€3,010 | +1.2% |
| Amounts payable within one year | 42/48 | €252,775 | €254,221 | +€1,446 | +0.6% |
| Trade debts | 44 | €1,074 | €1,510 | +€436 | +40.6% |
| Suppliers | 440/4 | €1,074 | €1,510 | +€436 | +40.6% |
| Taxes, remuneration and social security | 45 | €1,701 | €2,710 | +€1,009 | +59.3% |
| Taxes | 450/3 | €1,701 | €2,710 | +€1,009 | +59.3% |
| Other amounts payable | 47/48 | €250,000 | €250,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,165 | €9,729 | +€1,564 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,376 | €87,063 | +€4,687 | +5.7% |
| Other operating charges | 640/8 | €23,939 | €24,791 | +€853 | +3.6% |
| Gross operating margin | 9900 | €120,620 | €106,248 | -€14,372 | -11.9% |
| Operating profit (loss) | 9901 | €14,305 | -€5,607 | -€19,912 | |
| Financial income | 75/76B | €15,541 | €3,980 | -€11,561 | -74.4% |
| Recurring financial income | 75 | €15,541 | €3,980 | -€11,561 | -74.4% |
| Financial charges | 65/66B | €756 | €886 | +€129 | +17.1% |
| Recurring financial charges | 65 | €756 | €886 | +€129 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €29,090 | -€2,513 | -€31,603 | |
| Transfer from deferred taxes | 780 | €172 | €1,208 | +€1,036 | +601.3% |
| Income taxes | 67/77 | €9,345 | €820 | -€8,525 | -91.2% |
| Profit (loss) for the period | 9904 | €19,918 | -€2,125 | -€22,042 | |
| Transfer from tax-exempt reserves | 789 | €517 | €4,141 | +€3,624 | +701.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,434 | €2,017 | -€18,418 | -90.1% |
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 5 October 2026 via checked.be.