SilcoFlip: what changed
SilcoFlip
Largest movements
- Cash +€25,994
up €25,994 (+109%), from €23,830 to €49,824
mainly Debts after one year (+€25,954) and Net result for the year (+€14,505)
- Tangible fixed assets +€19,239
up €19,239 (+60.1%), from €32,012 to €51,251
of which Furniture and vehicles: +€21,278
- Receivables within one year -€9,758
down €9,758 (-36.5%), from €26,746 to €16,988
of which Trade receivables: -€12,185
- Deferred charges and accrued income -€2,288
down €2,288 (-23.7%), from €9,659 to €7,370
- Debts after one year +€25,954
up €25,954 (+385%), from €6,744 to €32,697
- Profit (loss) carried forward +€14,505
new in 2025: €14,505
- Trade debts -€7,717
down €7,717 (-64.1%), from €12,039 to €4,321
- Tax, wage and social debts +€1,845
up €1,845 (+50.5%), from €3,653 to €5,499
of which Remuneration and social security: +€2,313
- Other debts -€1,460
no longer reported in 2025 (was €1,460)
- Staff costs -€44,414
down €44,414 (-99.6%), from €44,579 to €166
- Gross operating margin -€37,528
down €37,528 (-49.4%), from €75,936 to €38,408
- Taxes -€2,728
down €2,728 (-44.1%), from €6,186 to €3,458
- Financial income -€1,327
down €1,327 (-95.9%), from €1,384 to €57
- Depreciation +€855
up €855 (+11.5%), from €7,435 to €8,290
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 | €92,248 | €125,434 | +€33,186 | +36.0% |
| Fixed assets | 21/28 | €32,012 | €51,251 | +€19,239 | +60.1% |
| Tangible fixed assets | 22/27 | €32,012 | €51,251 | +€19,239 | +60.1% |
| Plant, machinery and equipment | 23 | €3,122 | €2,191 | -€931 | -29.8% |
| Furniture and vehicles | 24 | €22,000 | €43,279 | +€21,278 | +96.7% |
| Other tangible fixed assets | 26 | €6,890 | €5,782 | -€1,109 | -16.1% |
| Current assets | 29/58 | €60,235 | €74,183 | +€13,947 | +23.2% |
| Amounts receivable within one year | 40/41 | €26,746 | €16,988 | -€9,758 | -36.5% |
| Trade receivables | 40 | €22,761 | €10,576 | -€12,185 | -53.5% |
| Other amounts receivable | 41 | €3,985 | €6,412 | +€2,427 | +60.9% |
| Cash at bank and in hand | 54/58 | €23,830 | €49,824 | +€25,994 | +109% |
| Deferred charges and accrued income | 490/1 | €9,659 | €7,370 | -€2,288 | -23.7% |
| Total equity and liabilities | 10/49 | €92,248 | €125,434 | +€33,186 | +36.0% |
| Equity | 10/15 | €60,539 | €75,044 | +€14,505 | +24.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €50,539 | €50,539 | = | 0.0% |
| Distributable reserves | 133 | €50,539 | €50,539 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €14,505 | +€14,505 | |
| Amounts payable | 17/49 | €31,708 | €50,390 | +€18,682 | +58.9% |
| Amounts payable after more than one year | 17 | €6,744 | €32,697 | +€25,954 | +385% |
| Financial debts | 170/4 | €6,744 | €32,697 | +€25,954 | +385% |
| Amounts payable within one year | 42/48 | €24,829 | €17,624 | -€7,204 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €7,677 | €7,804 | +€128 | +1.7% |
| Trade debts | 44 | €12,039 | €4,321 | -€7,717 | -64.1% |
| Suppliers | 440/4 | €12,039 | €4,321 | -€7,717 | -64.1% |
| Taxes, remuneration and social security | 45 | €3,653 | €5,499 | +€1,845 | +50.5% |
| Taxes | 450/3 | €3,653 | €3,186 | -€468 | -12.8% |
| Remuneration and social security | 454/9 | - | €2,313 | +€2,313 | |
| Other amounts payable | 47/48 | €1,460 | - | -€1,460 | |
| Accrued charges and deferred income | 492/3 | €136 | €68 | -€68 | -49.8% |
| Remuneration, social security and pensions | 62 | €44,579 | €166 | -€44,414 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,435 | €8,290 | +€855 | +11.5% |
| Other operating charges | 640/8 | €809 | €816 | +€8 | +1.0% |
| Non-recurring operating charges | 66A | - | €6,554 | +€6,554 | |
| Gross operating margin | 9900 | €75,936 | €38,408 | -€37,528 | -49.4% |
| Operating profit (loss) | 9901 | €23,113 | €22,582 | -€531 | -2.3% |
| Financial income | 75/76B | €1,384 | €57 | -€1,327 | -95.9% |
| Recurring financial income | 75 | €1,384 | €57 | -€1,327 | -95.9% |
| Financial charges | 65/66B | €4,087 | €4,676 | +€589 | +14.4% |
| Recurring financial charges | 65 | €4,087 | €4,676 | +€589 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €20,410 | €17,963 | -€2,447 | -12.0% |
| Income taxes | 67/77 | €6,186 | €3,458 | -€2,728 | -44.1% |
| Profit (loss) for the period | 9904 | €14,224 | €14,505 | +€280 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,224 | €14,505 | +€280 | +2.0% |
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 5 November 2026 via checked.be.