Silan 47: 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.
Silan 47
Largest movements
- Cash +€12,429
up €12,429 (+55.4%), from €22,419 to €34,848
mainly Deferred charges and accrued income (+€5,578) and Depreciation (+€5,475)
- Deferred charges and accrued income -€5,578
no longer reported in 2025 (was €5,578)
- Tangible fixed assets -€4,760
down €4,760 (-20.2%), from €23,623 to €18,863
of which Furniture and vehicles: -€4,262
- Receivables within one year -€4,087
down €4,087 (-16.0%), from €25,510 to €21,423
- Profit (loss) carried forward -€5,978
new in 2025: -€5,978
- Tax, wage and social debts +€4,450
up €4,450 (+113%), from €3,931 to €8,381
of which Remuneration and social security: +€4,450
- Gross operating margin -€21,013
down €21,013, from €20,001 to -€1,012
- Taxes -€3,959
no longer reported in 2025 (was €3,959)
- Depreciation +€3,785
up €3,785 (+224%), from €1,690 to €5,475
- Financial income +€660
up €660 (+576%), from €114 to €774
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 | €78,651 | €76,937 | -€1,714 | -2.2% |
| Fixed assets | 21/28 | €23,623 | €18,863 | -€4,760 | -20.2% |
| Tangible fixed assets | 22/27 | €23,623 | €18,863 | -€4,760 | -20.2% |
| Land and buildings | 22 | €2,347 | €1,692 | -€655 | -27.9% |
| Plant, machinery and equipment | 23 | €698 | €855 | +€157 | +22.5% |
| Furniture and vehicles | 24 | €20,578 | €16,316 | -€4,262 | -20.7% |
| Current assets | 29/58 | €55,028 | €58,074 | +€3,046 | +5.5% |
| Stocks and contracts in progress | 3 | €1,521 | €1,804 | +€283 | +18.6% |
| Stocks | 30/36 | €1,521 | €1,804 | +€283 | +18.6% |
| Amounts receivable within one year | 40/41 | €25,510 | €21,423 | -€4,087 | -16.0% |
| Other amounts receivable | 41 | €25,510 | €21,423 | -€4,087 | -16.0% |
| Cash at bank and in hand | 54/58 | €22,419 | €34,848 | +€12,429 | +55.4% |
| Deferred charges and accrued income | 490/1 | €5,578 | - | -€5,578 | |
| Total equity and liabilities | 10/49 | €78,651 | €76,937 | -€1,714 | -2.2% |
| Equity | 10/15 | €73,669 | €67,691 | -€5,978 | -8.1% |
| Contributions | 10/11 | €12,100 | €12,100 | = | 0.0% |
| Contributions outside capital | 11 | €12,100 | - | -€12,100 | |
| Share premium | 1100/10 | €12,100 | - | -€12,100 | |
| Reserves | 13 | €61,569 | €61,569 | = | 0.0% |
| Distributable reserves | 133 | €61,569 | €61,569 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,978 | -€5,978 | |
| Amounts payable | 17/49 | €4,982 | €9,246 | +€4,264 | +85.6% |
| Amounts payable within one year | 42/48 | €4,982 | €9,246 | +€4,264 | +85.6% |
| Trade debts | 44 | €1,051 | €865 | -€186 | -17.7% |
| Suppliers | 440/4 | €1,051 | €865 | -€186 | -17.7% |
| Taxes, remuneration and social security | 45 | €3,931 | €8,381 | +€4,450 | +113% |
| Taxes | 450/3 | €3,931 | €3,931 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €4,450 | +€4,450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,690 | €5,475 | +€3,785 | +224% |
| Other operating charges | 640/8 | €186 | €189 | +€4 | +2.0% |
| Gross operating margin | 9900 | €20,001 | -€1,012 | -€21,013 | |
| Operating profit (loss) | 9901 | €18,125 | -€6,677 | -€24,802 | |
| Financial income | 75/76B | €114 | €774 | +€660 | +576% |
| Recurring financial income | 75 | €114 | €774 | +€660 | +576% |
| Financial charges | 65/66B | €190 | €75 | -€115 | -60.4% |
| Recurring financial charges | 65 | €190 | €75 | -€115 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €18,049 | -€5,978 | -€24,027 | |
| Income taxes | 67/77 | €3,959 | - | -€3,959 | |
| Profit (loss) for the period | 9904 | €14,090 | -€5,978 | -€20,068 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,090 | -€5,978 | -€20,068 |
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 19 October 2026 via checked.be.