SIL: 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.
SIL
Largest movements
- Cash -€7,176
down €7,176 (-16.3%), from €44,089 to €36,912
mainly Investment in fixed assets (net) (-€7,213) and Other debts (-€7,000)
- Tangible fixed assets +€4,866
up €4,866 (+707.9%), from €687 to €5,553
of which Furniture and vehicles: +€3,464
- Receivables within one year +€3,068
up €3,068 (+16.9%), from €18,196 to €21,264
of which Other amounts receivable: +€2,622
- Deferred charges and accrued income -€2,950
down €2,950 (-26.8%), from €11,006 to €8,056
- Reserves +€8,685
up €8,685 (+19.7%), from €44,191 to €52,876
of which Distributable reserves: +€8,685
- Other debts -€7,000
down €7,000 (-100.0%), from €7,000 to €0
- Tax, wage and social debts -€3,549
down €3,549 (-28.1%), from €12,634 to €9,085
- Gross operating margin -€1,375
down €1,375 (-8.0%), from €17,193 to €15,818
- Taxes -€1,003
down €1,003 (-23.0%), from €4,365 to €3,362
- Depreciation +€981
up €981 (+71.8%), from €1,367 to €2,348
- Financial income -€234
down €234 (-44.5%), from €525 to €291
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 | €74,934 | €72,742 | -€2,192 | -2.9% |
| Fixed assets | 21/28 | €687 | €5,553 | +€4,866 | +707.9% |
| Tangible fixed assets | 22/27 | €687 | €5,553 | +€4,866 | +707.9% |
| Plant, machinery and equipment | 23 | - | €1,401 | +€1,401 | |
| Furniture and vehicles | 24 | €687 | €4,152 | +€3,464 | +504.0% |
| Current assets | 29/58 | €74,247 | €67,189 | -€7,058 | -9.5% |
| Stocks and contracts in progress | 3 | €956 | €956 | = | 0.0% |
| Stocks | 30/36 | €956 | €956 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,196 | €21,264 | +€3,068 | +16.9% |
| Trade receivables | 40 | €4,200 | €4,646 | +€446 | +10.6% |
| Other amounts receivable | 41 | €13,996 | €16,618 | +€2,622 | +18.7% |
| Cash at bank and in hand | 54/58 | €44,089 | €36,912 | -€7,176 | -16.3% |
| Deferred charges and accrued income | 490/1 | €11,006 | €8,056 | -€2,950 | -26.8% |
| Total equity and liabilities | 10/49 | €74,934 | €72,742 | -€2,192 | -2.9% |
| Equity | 10/15 | €54,391 | €63,076 | +€8,685 | +16.0% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €44,191 | €52,876 | +€8,685 | +19.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,343 | €23,343 | = | 0.0% |
| Distributable reserves | 133 | €18,989 | €27,673 | +€8,685 | +45.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,543 | €9,665 | -€10,877 | -52.9% |
| Amounts payable within one year | 42/48 | €20,543 | €9,665 | -€10,877 | -52.9% |
| Trade debts | 44 | €909 | €581 | -€328 | -36.1% |
| Suppliers | 440/4 | €909 | €581 | -€328 | -36.1% |
| Taxes, remuneration and social security | 45 | €12,634 | €9,085 | -€3,549 | -28.1% |
| Taxes | 450/3 | €12,634 | €9,085 | -€3,549 | -28.1% |
| Other amounts payable | 47/48 | €7,000 | €0 | -€7,000 | -100.0% |
| Non-recurring operating income | 76A | - | €9,050 | +€9,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,367 | €2,348 | +€981 | +71.8% |
| Other operating charges | 640/8 | €1,411 | €1,422 | +€11 | +0.8% |
| Gross operating margin | 9900 | €17,193 | €15,818 | -€1,375 | -8.0% |
| Operating profit (loss) | 9901 | €14,415 | €12,048 | -€2,367 | -16.4% |
| Financial income | 75/76B | €525 | €291 | -€234 | -44.5% |
| Recurring financial income | 75 | €525 | €291 | -€234 | -44.5% |
| Financial charges | 65/66B | €184 | €292 | +€109 | +59.2% |
| Recurring financial charges | 65 | €184 | €292 | +€109 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €14,756 | €12,047 | -€2,709 | -18.4% |
| Income taxes | 67/77 | €4,365 | €3,362 | -€1,003 | -23.0% |
| Profit (loss) for the period | 9904 | €10,391 | €8,685 | -€1,706 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,391 | €8,685 | -€1,706 | -16.4% |
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.