sil'innov: what changed
sil'innov
Largest movements
- Intangible fixed assets -€209,252
down €209,252 (-37.8%), from €553,384 to €344,132
- Receivables within one year -€98,638
down €98,638 (-74.5%), from €132,455 to €33,817
of which Trade receivables: -€85,376
- Tangible fixed assets -€24,383
down €24,383 (-22.8%), from €107,145 to €82,762
of which Plant, machinery and equipment: -€24,074
- Cash +€19,224
up €19,224 (+422%), from €4,551 to €23,775
mainly Depreciation (+€257,924) and Trade debts (+€133,345)
- Profit (loss) carried forward -€460,581
down €460,581 (-70.7%), from -€651,107 to -€1.1m
- Trade debts +€133,345
up €133,345 (+28.8%), from €462,996 to €596,341
- Accrued charges and deferred income +€17,522
up €17,522 (+35.6%), from €49,158 to €66,680
- Gross operating margin +€126,347
up €126,347 (+59.1%), from -€213,672 to -€87,325
- Financial charges -€33,804
down €33,804 (-67.8%), from €49,867 to €16,063
- Purchases and services -€29,955
down €29,955 (-7.2%), from €414,518 to €384,563
- Financial income -€26,381
down €26,381 (-34.0%), from €77,588 to €51,207
of which Non-recurring financial income: -€25,481
- Staff costs -€19,799
down €19,799 (-11.7%), from €169,649 to €149,850
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €797,535 | €484,486 | -€313,049 | -39.3% |
| Fixed assets | 21/28 | €660,529 | €426,894 | -€233,635 | -35.4% |
| Intangible fixed assets | 21 | €553,384 | €344,132 | -€209,252 | -37.8% |
| Tangible fixed assets | 22/27 | €107,145 | €82,762 | -€24,383 | -22.8% |
| Plant, machinery and equipment | 23 | €106,629 | €82,555 | -€24,074 | -22.6% |
| Other tangible fixed assets | 26 | €516 | €207 | -€309 | -59.9% |
| Current assets | 29/58 | €137,006 | €57,592 | -€79,414 | -58.0% |
| Amounts receivable within one year | 40/41 | €132,455 | €33,817 | -€98,638 | -74.5% |
| Trade receivables | 40 | €115,369 | €29,993 | -€85,376 | -74.0% |
| Other amounts receivable | 41 | €17,086 | €3,824 | -€13,262 | -77.6% |
| Cash at bank and in hand | 54/58 | €4,551 | €23,775 | +€19,224 | +422% |
| Total equity and liabilities | 10/49 | €797,535 | €484,486 | -€313,049 | -39.3% |
| Equity | 10/15 | -€216,545 | -€677,126 | -€460,581 | -213% |
| Contributions | 10/11 | €434,562 | €434,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€651,107 | -€1,111,688 | -€460,581 | -70.7% |
| Amounts payable | 17/49 | €1,014,080 | €1,161,612 | +€147,532 | +14.5% |
| Amounts payable within one year | 42/48 | €964,922 | €1,094,932 | +€130,010 | +13.5% |
| Trade debts | 44 | €462,996 | €596,341 | +€133,345 | +28.8% |
| Suppliers | 440/4 | €462,996 | €596,341 | +€133,345 | +28.8% |
| Taxes, remuneration and social security | 45 | €18,215 | €14,879 | -€3,336 | -18.3% |
| Remuneration and social security | 454/9 | €18,215 | €14,879 | -€3,336 | -18.3% |
| Other amounts payable | 47/48 | €483,711 | €483,712 | +€1 | 0.0% |
| Accrued charges and deferred income | 492/3 | €49,158 | €66,680 | +€17,522 | +35.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €414,518 | €384,563 | -€29,955 | -7.2% |
| Remuneration, social security and pensions | 62 | €169,649 | €149,850 | -€19,799 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254,052 | €257,924 | +€3,872 | +1.5% |
| Other operating charges | 640/8 | €1,215 | €147 | -€1,068 | -87.9% |
| Non-recurring operating charges | 66A | €121,654 | - | -€121,654 | |
| Gross operating margin | 9900 | -€213,672 | -€87,325 | +€126,347 | +59.1% |
| Operating profit (loss) | 9901 | -€760,242 | -€495,246 | +€264,996 | +34.9% |
| Financial income | 75/76B | €77,588 | €51,207 | -€26,381 | -34.0% |
| Recurring financial income | 75 | €900 | €51,207 | +€50,307 | +5,590% |
| Non-recurring financial income | 76B | €76,688 | €51,207 | -€25,481 | -33.2% |
| Financial charges | 65/66B | €49,867 | €16,063 | -€33,804 | -67.8% |
| Recurring financial charges | 65 | €49,867 | €16,063 | -€33,804 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | -€732,521 | -€460,102 | +€272,419 | +37.2% |
| Income taxes | 67/77 | - | €479 | +€479 | |
| Profit (loss) for the period | 9904 | -€732,521 | -€460,581 | +€271,940 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€732,521 | -€460,581 | +€271,940 | +37.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.