SILCO: 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.
What changed
SILCO
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,397
2024 · -€7,131+€9,528
Equity
€45,508
2024 · €43,111+€2,397
Cash
€6,853
2024 · €4,468+€2,385
Balance sheet total
€614,380
2024 · €640,044-€25,663
Largest movements
Assets
- Tangible fixed assets -€35,641
down €35,641 (-6.0%), from €595,842 to €560,201
of which Land and buildings: -€24,753
- Current investments +€8,650
up €8,650 (+78.9%), from €10,957 to €19,607
Equity and liabilities
- Debts after one year -€26,000
down €26,000 (-100.0%), from €26,000 to €0
of which Financial debts: -€25,000
Income statement
- Gross operating margin +€4,712
up €4,712 (+10.7%), from €43,944 to €48,655
- Depreciation -€4,158
down €4,158 (-10.1%), from €41,222 to €37,064
- Financial charges -€540
down €540 (-36.3%), from €1,490 to €950
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.
Result 2024
-€7,131
Gross operating margin
+€4,712
Depreciation
+€4,158
Other operating charges
-€15
Financial income
+€92
Financial charges
+€540
Taxes
+€41
Result 2025
€2,397
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.
From operations
+€38,459
Investment
-€10,073
Financing
-€26,000
Cash 2024
€4,468
From operations (derived)
+€38,459
Net result for the year
+€2,397
Depreciation
+€37,064
Receivables within one year
+€1,129
Deferred charges and accrued income
-€71
Trade debts
-€910
Tax, wage and social debts
-€2,018
Other debts
+€868
Investment (derived)
-€10,073
Investment in fixed assets (net)
-€1,423
Current investments
-€8,650
Financing
-€26,000
Debts after one year
-€26,000
Current portion of long-term debt
+€0
Cash 2025
€6,853
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €640,044 | €614,380 | -€25,663 | -4.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €596,492 | €560,851 | -€35,641 | -6.0% |
| Tangible fixed assets | 22/27 | €595,842 | €560,201 | -€35,641 | -6.0% |
| Land and buildings | 22 | €533,413 | €508,660 | -€24,753 | -4.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €1,341 | +€1,341 | |
| Other tangible fixed assets | 26 | €62,429 | €50,200 | -€12,229 | -19.6% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €43,552 | €53,529 | +€9,978 | +22.9% |
| Amounts receivable within one year | 40/41 | €26,736 | €25,607 | -€1,129 | -4.2% |
| Trade receivables | 40 | €26,736 | €25,351 | -€1,385 | -5.2% |
| Other amounts receivable | 41 | €0 | €256 | +€256 | |
| Current investments | 50/53 | €10,957 | €19,607 | +€8,650 | +78.9% |
| Cash at bank and in hand | 54/58 | €4,468 | €6,853 | +€2,385 | +53.4% |
| Deferred charges and accrued income | 490/1 | €1,391 | €1,462 | +€71 | +5.1% |
| Total equity and liabilities | 10/49 | €640,044 | €614,380 | -€25,663 | -4.0% |
| Equity | 10/15 | €43,111 | €45,508 | +€2,397 | +5.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Legal reserve | 130 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,889 | -€19,492 | +€2,397 | +10.9% |
| Amounts payable | 17/49 | €596,932 | €568,872 | -€28,060 | -4.7% |
| Amounts payable after more than one year | 17 | €26,000 | €0 | -€26,000 | -100.0% |
| Financial debts | 170/4 | €25,000 | €0 | -€25,000 | -100.0% |
| Other amounts payable | 178/9 | €1,000 | €0 | -€1,000 | -100.0% |
| Amounts payable within one year | 42/48 | €570,932 | €568,872 | -€2,060 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €27,083 | €27,084 | +€0 | 0.0% |
| Trade debts | 44 | €1,799 | €889 | -€910 | -50.6% |
| Suppliers | 440/4 | €1,799 | €889 | -€910 | -50.6% |
| Taxes, remuneration and social security | 45 | €2,151 | €133 | -€2,018 | -93.8% |
| Taxes | 450/3 | €2,151 | €133 | -€2,018 | -93.8% |
| Other amounts payable | 47/48 | €539,899 | €540,767 | +€868 | +0.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,222 | €37,064 | -€4,158 | -10.1% |
| Other operating charges | 640/8 | €8,411 | €8,426 | +€15 | +0.2% |
| Gross operating margin | 9900 | €43,944 | €48,655 | +€4,712 | +10.7% |
| Operating profit (loss) | 9901 | -€5,689 | €3,165 | +€8,854 | |
| Financial income | 75/76B | €68 | €160 | +€92 | +136.2% |
| Recurring financial income | 75 | €68 | €160 | +€92 | +136.2% |
| Financial charges | 65/66B | €1,490 | €950 | -€540 | -36.3% |
| Recurring financial charges | 65 | €1,490 | €950 | -€540 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,111 | €2,376 | +€9,487 | |
| Income taxes | 67/77 | €20 | -€20 | -€41 | |
| Profit (loss) for the period | 9904 | -€7,131 | €2,397 | +€9,528 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,131 | €2,397 | +€9,528 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.