LES SILOS D'HARMIGNIES: 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.
LES SILOS D'HARMIGNIES
Largest movements
- Receivables within one year -€175,200
down €175,200 (-60.9%), from €287,481 to €112,281
of which Other amounts receivable: -€199,953
- Cash +€128,742
up €128,742 (+147%), from €87,790 to €216,532
mainly Receivables within one year (+€175,200) and Depreciation (+€114,998)
- Intangible fixed assets +€26,313
new in 2025: €26,313
- Tangible fixed assets +€18,393
up €18,393 (+3.0%), from €605,873 to €624,266
of which Land and buildings: +€49,002
- Trade debts -€17,862
down €17,862 (-30.2%), from €59,140 to €41,278
- Current portion of long-term debt +€17,330
up €17,330 (+33.6%), from €51,546 to €68,876
- Gross operating margin -€50,480
down €50,480 (-20.9%), from €241,019 to €190,539
- Staff costs -€43,000
down €43,000 (-99.4%), from €43,239 to €239
- Depreciation +€15,675
up €15,675 (+15.8%), from €99,324 to €114,998
- Other operating charges +€13,494
up €13,494 (+28.9%), from €46,631 to €60,125
- Financial charges -€6,143
down €6,143 (-36.3%), from €16,909 to €10,766
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 | €983,449 | €982,572 | -€877 | -0.1% |
| Fixed assets | 21/28 | €605,873 | €650,578 | +€44,705 | +7.4% |
| Intangible fixed assets | 21 | - | €26,313 | +€26,313 | |
| Tangible fixed assets | 22/27 | €605,873 | €624,266 | +€18,393 | +3.0% |
| Land and buildings | 22 | €433,437 | €482,439 | +€49,002 | +11.3% |
| Plant, machinery and equipment | 23 | - | €2,589 | +€2,589 | |
| Furniture and vehicles | 24 | €60,836 | €53,369 | -€7,467 | -12.3% |
| Leasing and similar rights | 25 | €111,600 | €85,868 | -€25,731 | -23.1% |
| Current assets | 29/58 | €377,576 | €331,994 | -€45,582 | -12.1% |
| Amounts receivable within one year | 40/41 | €287,481 | €112,281 | -€175,200 | -60.9% |
| Trade receivables | 40 | €86,720 | €111,473 | +€24,753 | +28.5% |
| Other amounts receivable | 41 | €200,761 | €808 | -€199,953 | -99.6% |
| Cash at bank and in hand | 54/58 | €87,790 | €216,532 | +€128,742 | +147% |
| Deferred charges and accrued income | 490/1 | €2,305 | €3,181 | +€876 | +38.0% |
| Total equity and liabilities | 10/49 | €983,449 | €982,572 | -€877 | -0.1% |
| Equity | 10/15 | €327,112 | €334,057 | +€6,945 | +2.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €77,112 | €77,112 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €52,112 | €52,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €6,945 | +€6,945 | |
| Amounts payable | 17/49 | €656,337 | €648,515 | -€7,821 | -1.2% |
| Amounts payable after more than one year | 17 | €225,150 | €228,180 | +€3,030 | +1.3% |
| Financial debts | 170/4 | €225,150 | €228,180 | +€3,030 | +1.3% |
| Amounts payable within one year | 42/48 | €411,804 | €403,773 | -€8,031 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €51,546 | €68,876 | +€17,330 | +33.6% |
| Trade debts | 44 | €59,140 | €41,278 | -€17,862 | -30.2% |
| Suppliers | 440/4 | €59,140 | €41,278 | -€17,862 | -30.2% |
| Taxes, remuneration and social security | 45 | €15,190 | €14,648 | -€542 | -3.6% |
| Taxes | 450/3 | €7,314 | €14,648 | +€7,334 | +100% |
| Remuneration and social security | 454/9 | €7,876 | - | -€7,876 | |
| Other amounts payable | 47/48 | €285,927 | €278,970 | -€6,957 | -2.4% |
| Accrued charges and deferred income | 492/3 | €19,383 | €16,563 | -€2,820 | -14.6% |
| Remuneration, social security and pensions | 62 | €43,239 | €239 | -€43,000 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,324 | €114,998 | +€15,675 | +15.8% |
| Other operating charges | 640/8 | €46,631 | €60,125 | +€13,494 | +28.9% |
| Gross operating margin | 9900 | €241,019 | €190,539 | -€50,480 | -20.9% |
| Operating profit (loss) | 9901 | €51,826 | €15,177 | -€36,649 | -70.7% |
| Financial income | 75/76B | €4,861 | €2,859 | -€2,002 | -41.2% |
| Recurring financial income | 75 | €4,861 | €2,859 | -€2,002 | -41.2% |
| Financial charges | 65/66B | €16,909 | €10,766 | -€6,143 | -36.3% |
| Recurring financial charges | 65 | €16,909 | €10,766 | -€6,143 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €39,778 | €7,270 | -€32,508 | -81.7% |
| Income taxes | 67/77 | €3,944 | €325 | -€3,619 | -91.8% |
| Profit (loss) for the period | 9904 | €35,833 | €6,945 | -€28,889 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,833 | €6,945 | -€28,889 | -80.6% |
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 26 October 2026 via checked.be.