SYVE: 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.
SYVE
Largest movements
- Cash -€20,274
down €20,274 (-7.2%), from €282,823 to €262,548
mainly Contributions, distributions and other (-€42,884) and Tax, wage and social debts (-€5,489)
- Receivables within one year -€16,683
down €16,683 (-92.7%), from €18,003 to €1,321
of which Other amounts receivable: -€16,683
- Reserves -€31,484
down €31,484 (-11.2%), from €281,747 to €250,263
of which Distributable reserves: -€31,484
- Financial charges -€5,126
down €5,126 (-96.3%), from €5,326 to €200
- Gross operating margin +€4,517
up €4,517 (+26.4%), from €17,085 to €21,602
- Taxes +€3,740
up €3,740 (+233.0%), from €1,605 to €5,346
- Other operating charges +€572
up €572 (+15.9%), from €3,591 to €4,164
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 | €896,445 | €859,071 | -€37,374 | -4.2% |
| Fixed assets | 21/28 | €595,619 | €595,202 | -€417 | -0.1% |
| Tangible fixed assets | 22/27 | €594,977 | €594,561 | -€417 | -0.1% |
| Land and buildings | 22 | €591,595 | €591,595 | = | 0.0% |
| Other tangible fixed assets | 26 | €3,382 | €2,966 | -€417 | -12.3% |
| Financial fixed assets | 28 | €642 | €642 | = | 0.0% |
| Current assets | 29/58 | €300,826 | €263,869 | -€36,957 | -12.3% |
| Amounts receivable within one year | 40/41 | €18,003 | €1,321 | -€16,683 | -92.7% |
| Trade receivables | 40 | €166 | €166 | = | 0.0% |
| Other amounts receivable | 41 | €17,837 | €1,154 | -€16,683 | -93.5% |
| Cash at bank and in hand | 54/58 | €282,823 | €262,548 | -€20,274 | -7.2% |
| Total equity and liabilities | 10/49 | €896,445 | €859,071 | -€37,374 | -4.2% |
| Equity | 10/15 | €887,615 | €856,208 | -€31,407 | -3.5% |
| Contributions | 10/11 | €35,081 | €35,081 | = | 0.0% |
| Revaluation surpluses | 12 | €567,425 | €567,425 | = | 0.0% |
| Reserves | 13 | €281,747 | €250,263 | -€31,484 | -11.2% |
| Non-distributable reserves | 130/1 | €3,508 | €3,508 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,508 | €3,508 | = | 0.0% |
| Distributable reserves | 133 | €278,239 | €246,755 | -€31,484 | -11.3% |
| Profit (loss) carried forward | 14 | €3,362 | €3,439 | +€77 | +2.3% |
| Amounts payable | 17/49 | €8,830 | €2,863 | -€5,967 | -67.6% |
| Amounts payable after more than one year | 17 | €2,355 | €2,355 | = | 0.0% |
| Other amounts payable | 178/9 | €2,355 | €2,355 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,475 | €508 | -€5,967 | -92.2% |
| Trade debts | 44 | €986 | - | -€986 | |
| Suppliers | 440/4 | €986 | - | -€986 | |
| Taxes, remuneration and social security | 45 | €5,489 | - | -€5,489 | |
| Taxes | 450/3 | €5,489 | - | -€5,489 | |
| Other amounts payable | 47/48 | - | €508 | +€508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €417 | €417 | = | 0.0% |
| Other operating charges | 640/8 | €3,591 | €4,164 | +€572 | +15.9% |
| Gross operating margin | 9900 | €17,085 | €21,602 | +€4,517 | +26.4% |
| Operating profit (loss) | 9901 | €13,077 | €17,022 | +€3,945 | +30.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,326 | €200 | -€5,126 | -96.3% |
| Recurring financial charges | 65 | €5,326 | €200 | -€5,126 | -96.3% |
| Profit (loss) for the period before taxes | 9903 | €7,752 | €16,822 | +€9,071 | +117.0% |
| Income taxes | 67/77 | €1,605 | €5,346 | +€3,740 | +233.0% |
| Profit (loss) for the period | 9904 | €6,146 | €11,477 | +€5,331 | +86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,146 | €11,477 | +€5,331 | +86.7% |
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.