EUROSILVER: 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.
EUROSILVER
Largest movements
- Receivables within one year -€39,238
down €39,238 (-37.7%), from €104,051 to €64,813
of which Other amounts receivable: -€61,696
- Stocks and contracts +€11,583
up €11,583 (+33.2%), from €34,935 to €46,517
- Trade debts -€15,081
down €15,081 (-65.3%), from €23,083 to €8,003
- Profit (loss) carried forward -€13,854
down €13,854 (-21.6%), from €64,215 to €50,361
- Tax, wage and social debts +€2,021
up €2,021 (+111.7%), from €1,809 to €3,830
of which Remuneration and social security: +€3,419
- Gross operating margin -€15,470
down €15,470, from €3,051 to -€12,419
- Financial income +€1,559
up €1,559 (+419.4%), from €372 to €1,931
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 | €162,968 | €134,760 | -€28,208 | -17.3% |
| Fixed assets | 21/28 | €20,799 | €20,387 | -€411 | -2.0% |
| Tangible fixed assets | 22/27 | €720 | €309 | -€411 | -57.1% |
| Furniture and vehicles | 24 | €720 | €309 | -€411 | -57.1% |
| Financial fixed assets | 28 | €20,078 | €20,078 | = | 0.0% |
| Current assets | 29/58 | €142,170 | €114,373 | -€27,797 | -19.6% |
| Stocks and contracts in progress | 3 | €34,935 | €46,517 | +€11,583 | +33.2% |
| Stocks | 30/36 | €34,935 | €46,517 | +€11,583 | +33.2% |
| Amounts receivable within one year | 40/41 | €104,051 | €64,813 | -€39,238 | -37.7% |
| Trade receivables | 40 | €11,600 | €34,058 | +€22,458 | +193.6% |
| Other amounts receivable | 41 | €92,451 | €30,754 | -€61,696 | -66.7% |
| Cash at bank and in hand | 54/58 | €1,245 | €1,589 | +€343 | +27.6% |
| Deferred charges and accrued income | 490/1 | €1,939 | €1,454 | -€485 | -25.0% |
| Total equity and liabilities | 10/49 | €162,968 | €134,760 | -€28,208 | -17.3% |
| Equity | 10/15 | €84,675 | €70,821 | -€13,854 | -16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,215 | €50,361 | -€13,854 | -21.6% |
| Amounts payable | 17/49 | €78,293 | €63,939 | -€14,354 | -18.3% |
| Amounts payable within one year | 42/48 | €76,857 | €62,484 | -€14,373 | -18.7% |
| Trade debts | 44 | €23,083 | €8,003 | -€15,081 | -65.3% |
| Suppliers | 440/4 | €23,083 | €8,003 | -€15,081 | -65.3% |
| Taxes, remuneration and social security | 45 | €1,809 | €3,830 | +€2,021 | +111.7% |
| Taxes | 450/3 | €1,398 | - | -€1,398 | |
| Remuneration and social security | 454/9 | €411 | €3,830 | +€3,419 | +832.2% |
| Other amounts payable | 47/48 | €51,965 | €50,652 | -€1,313 | -2.5% |
| Accrued charges and deferred income | 492/3 | €1,435 | €1,454 | +€19 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €411 | €411 | = | 0.0% |
| Other operating charges | 640/8 | €657 | €629 | -€28 | -4.2% |
| Gross operating margin | 9900 | €3,051 | -€12,419 | -€15,470 | |
| Operating profit (loss) | 9901 | €1,983 | -€13,460 | -€15,443 | |
| Financial income | 75/76B | €372 | €1,931 | +€1,559 | +419.4% |
| Recurring financial income | 75 | €372 | €1,931 | +€1,559 | +419.4% |
| Financial charges | 65/66B | €2,328 | €2,319 | -€8 | -0.4% |
| Recurring financial charges | 65 | €2,328 | €2,319 | -€8 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €27 | -€13,848 | -€13,875 | |
| Income taxes | 67/77 | -€3 | €6 | +€9 | |
| Profit (loss) for the period | 9904 | €30 | -€13,854 | -€13,884 | |
| Profit (loss) for the period to be appropriated | 9905 | €30 | -€13,854 | -€13,884 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.