SILDECO: 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.
What changed
SILDECO
NACE 70.200, Business and other management consultancy
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€191,975
2025 · €347,360-€155,385
Equity
€18,600
2025 · €20,460-€1,860
Cash
€547,619
2025 · €439,420+€108,199
Balance sheet total
€1.2m
2025 · €1.1m+€151,622
Largest movements
Assets
- Cash +€108,199
up €108,199 (+24.6%), from €439,420 to €547,619
mainly Net result for the year (+€191,975) and Other debts (+€151,658)
- Current investments +€67,809
up €67,809 (+41.4%), from €163,826 to €231,635
Equity and liabilities
- Other debts +€151,658
up €151,658 (+14.8%), from €1.0m to €1.2m
Income statement
- Gross operating margin -€161,296
down €161,296 (-38.9%), from €414,653 to €253,356
From the 2025 result to the 2026 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 2025
€347,360
Gross operating margin
-€161,296
Depreciation
+€1,031
Other operating charges
+€3
Financial income
+€316
Financial charges
+€861
Taxes
+€3,701
Result 2026
€191,975
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€369,843
Investment
-€67,809
Financing
-€193,835
Cash 2025
€439,420
From operations (derived)
+€369,843
Net result for the year
+€191,975
Depreciation
+€11,433
Receivables within one year
+€10,910
Deferred charges and accrued income
+€2,043
Trade debts
+€11,557
Tax, wage and social debts
-€10,932
Other debts
+€151,658
Accrued charges and deferred income
+€1,199
Investment (derived)
-€67,809
Current investments
-€67,809
Financing
-€193,835
Contributions, distributions and other
-€193,835
Cash 2026
€547,619
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,069,732 | €1,221,354 | +€151,622 | +14.2% |
| Fixed assets | 21/28 | €16,894 | €5,460 | -€11,433 | -67.7% |
| Tangible fixed assets | 22/27 | €16,894 | €5,460 | -€11,433 | -67.7% |
| Furniture and vehicles | 24 | €16,894 | €5,460 | -€11,433 | -67.7% |
| Current assets | 29/58 | €1,052,838 | €1,215,894 | +€163,056 | +15.5% |
| Amounts receivable after more than one year | 29 | €400,000 | €400,000 | = | 0.0% |
| Other amounts receivable | 291 | €400,000 | €400,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,335 | €31,425 | -€10,910 | -25.8% |
| Trade receivables | 40 | €25,208 | €27,625 | +€2,417 | +9.6% |
| Other amounts receivable | 41 | €17,126 | €3,800 | -€13,326 | -77.8% |
| Current investments | 50/53 | €163,826 | €231,635 | +€67,809 | +41.4% |
| Cash at bank and in hand | 54/58 | €439,420 | €547,619 | +€108,199 | +24.6% |
| Deferred charges and accrued income | 490/1 | €7,258 | €5,215 | -€2,043 | -28.1% |
| Total equity and liabilities | 10/49 | €1,069,732 | €1,221,354 | +€151,622 | +14.2% |
| Equity | 10/15 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €1,860 | €0 | -€1,860 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,049,272 | €1,202,754 | +€153,482 | +14.6% |
| Amounts payable within one year | 42/48 | €1,047,626 | €1,199,910 | +€152,283 | +14.5% |
| Trade debts | 44 | €38 | €11,595 | +€11,557 | +30,590% |
| Suppliers | 440/4 | €38 | €11,595 | +€11,557 | +30,590% |
| Taxes, remuneration and social security | 45 | €21,154 | €10,222 | -€10,932 | -51.7% |
| Taxes | 450/3 | €21,154 | €10,222 | -€10,932 | -51.7% |
| Other amounts payable | 47/48 | €1,026,434 | €1,178,093 | +€151,658 | +14.8% |
| Accrued charges and deferred income | 492/3 | €1,645 | €2,844 | +€1,199 | +72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,464 | €11,433 | -€1,031 | -8.3% |
| Other operating charges | 640/8 | €1,662 | €1,659 | -€3 | -0.2% |
| Gross operating margin | 9900 | €414,653 | €253,356 | -€161,296 | -38.9% |
| Operating profit (loss) | 9901 | €400,527 | €240,264 | -€160,263 | -40.0% |
| Financial income | 75/76B | €18,820 | €19,137 | +€316 | +1.7% |
| Recurring financial income | 75 | €18,820 | €19,137 | +€316 | +1.7% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,682 | €2,821 | -€861 | -23.4% |
| Recurring financial charges | 65 | €3,682 | €2,821 | -€861 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €415,665 | €256,580 | -€159,085 | -38.3% |
| Income taxes | 67/77 | €68,305 | €64,605 | -€3,701 | -5.4% |
| Profit (loss) for the period | 9904 | €347,360 | €191,975 | -€155,385 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €347,360 | €191,975 | -€155,385 | -44.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.