sil & co: 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.
sil & co
Largest movements
- Current assets +€27,225
up €27,225 (+13.3%), from €204,018 to €231,243
of which Receivables within one year: +€40,920
- Tangible fixed assets -€12,781
down €12,781 (-38.1%), from €33,558 to €20,777
- Equity +€11,256
up €11,256 (+12.6%), from €89,056 to €100,312
of which Reserves: +€11,256
- Debts +€3,189
up €3,189 (+2.1%), from €148,520 to €151,708
of which Debts within one year: +€43,137
- Gross operating margin +€54,453
up €54,453 (+20.7%), from €262,471 to €316,925
- Taxes -€4,307
down €4,307 (-27.7%), from €15,562 to €11,255
- Depreciation -€3,738
down €3,738 (-22.0%), from €17,019 to €13,281
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,576 | €252,020 | +€14,445 | +6.1% |
| Fixed assets | 21/28 | €33,558 | €20,777 | -€12,781 | -38.1% |
| Tangible fixed assets | 22/27 | €33,558 | €20,777 | -€12,781 | -38.1% |
| Current assets | 29/58 | €204,018 | €231,243 | +€27,225 | +13.3% |
| Stocks and contracts in progress | 3 | €30,100 | €32,410 | +€2,310 | +7.7% |
| Amounts receivable within one year | 40/41 | €157,402 | €198,322 | +€40,920 | +26.0% |
| Cash at bank and in hand | 54/58 | €6,444 | €511 | -€5,934 | -92.1% |
| Total equity and liabilities | 10/49 | €237,576 | €252,020 | +€14,445 | +6.1% |
| Equity | 10/15 | €89,056 | €100,312 | +€11,256 | +12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,456 | €81,712 | +€11,256 | +16.0% |
| Profit (loss) carried forward | 14 | €0 | -€13,535 | -€13,535 | |
| Amounts payable | 17/49 | €148,520 | €151,708 | +€3,189 | +2.1% |
| Amounts payable after more than one year | 17 | €14,820 | €12,529 | -€2,291 | -15.5% |
| Amounts payable within one year | 42/48 | €96,043 | €139,180 | +€43,137 | +44.9% |
| Trade debts | 44 | €46,162 | €23,696 | -€22,465 | -48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,019 | €13,281 | -€3,738 | -22.0% |
| Gross operating margin | 9900 | €262,471 | €316,925 | +€54,453 | +20.7% |
| Operating profit (loss) | 9901 | €64,872 | €30,891 | -€33,981 | -52.4% |
| Recurring financial income | 75 | €747 | €13 | -€734 | -98.3% |
| Recurring financial charges | 65 | €8,403 | €8,393 | -€9 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €57,217 | €22,511 | -€34,705 | -60.7% |
| Income taxes | 67/77 | €15,562 | €11,255 | -€4,307 | -27.7% |
| Profit (loss) for the period | 9904 | €41,654 | €11,256 | -€30,398 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,654 | €11,256 | -€30,398 | -73.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.