ANCIENT SILK ROAD: what changed
Two financial 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.
ANCIENT SILK ROAD
Largest movements
- Stocks and contracts +€171,119
new in 2025: €171,119
- Receivables within one year +€45,776
up €45,776 (+15,724%), from €291 to €46,067
of which Trade receivables: +€46,067
- Cash +€44,163
up €44,163 (+8,118%), from €544 to €44,707
mainly Trade debts (+€136,012) and Other debts (+€125,710)
- Financial fixed assets +€7,650
new in 2025: €7,650
- Trade debts +€136,012
up €136,012 (+35,114%), from €387 to €136,399
- Other debts +€125,710
up €125,710 (+7,860%), from €1,599 to €127,309
- Profit (loss) carried forward +€4,460
up €4,460, from -€2,152 to €2,309
- Tax, wage and social debts +€4,003
new in 2025: €4,003
- Gross operating margin +€6,053
up €6,053, from -€1,757 to €4,296
- Financial income +€1,251
new in 2025: €1,251
- Taxes +€577
new in 2025: €577
- Financial charges +€272
up €272 (+3,631%), from €8 to €280
- Other operating charges -€158
down €158 (-40.9%), from €387 to €229
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.
Derived cash bridge
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 | €835 | €271,021 | +€270,186 | +32,353% |
| Fixed assets | 21/28 | - | €7,650 | +€7,650 | |
| Financial fixed assets | 28 | - | €7,650 | +€7,650 | |
| Current assets | 29/58 | €835 | €263,371 | +€262,536 | +31,437% |
| Stocks and contracts in progress | 3 | - | €171,119 | +€171,119 | |
| Stocks | 30/36 | - | €171,119 | +€171,119 | |
| Amounts receivable within one year | 40/41 | €291 | €46,067 | +€45,776 | +15,724% |
| Trade receivables | 40 | - | €46,067 | +€46,067 | |
| Other amounts receivable | 41 | €291 | €0 | -€291 | -100% |
| Cash at bank and in hand | 54/58 | €544 | €44,707 | +€44,163 | +8,118% |
| Deferred charges and accrued income | 490/1 | - | €1,478 | +€1,478 | |
| Total equity and liabilities | 10/49 | €835 | €271,021 | +€270,186 | +32,353% |
| Equity | 10/15 | -€1,152 | €3,309 | +€4,460 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,152 | €2,309 | +€4,460 | |
| Amounts payable | 17/49 | €1,987 | €267,712 | +€265,725 | +13,375% |
| Amounts payable within one year | 42/48 | €1,987 | €267,712 | +€265,725 | +13,375% |
| Trade debts | 44 | €387 | €136,399 | +€136,012 | +35,114% |
| Suppliers | 440/4 | €387 | €136,399 | +€136,012 | +35,114% |
| Taxes, remuneration and social security | 45 | - | €4,003 | +€4,003 | |
| Taxes | 450/3 | - | €4,003 | +€4,003 | |
| Other amounts payable | 47/48 | €1,599 | €127,309 | +€125,710 | +7,860% |
| Other operating charges | 640/8 | €387 | €229 | -€158 | -40.9% |
| Gross operating margin | 9900 | -€1,757 | €4,296 | +€6,053 | |
| Operating profit (loss) | 9901 | -€2,144 | €4,067 | +€6,211 | |
| Financial income | 75/76B | - | €1,251 | +€1,251 | |
| Recurring financial income | 75 | - | €1,251 | +€1,251 | |
| Financial charges | 65/66B | €8 | €280 | +€272 | +3,631% |
| Recurring financial charges | 65 | €8 | €280 | +€272 | +3,631% |
| Profit (loss) for the period before taxes | 9903 | -€2,152 | €5,038 | +€7,189 | |
| Income taxes | 67/77 | - | €577 | +€577 | |
| Profit (loss) for the period | 9904 | -€2,152 | €4,460 | +€6,612 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,152 | €4,460 | +€6,612 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.