SILDOICO: 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.
SILDOICO
Largest movements
- Receivables within one year +€980,615
up €980,615 (+46.7%), from €2.1m to €3.1m
of which Trade receivables: +€1.2m
- Cash -€547,768
down €547,768 (-47.4%), from €1.2m to €608,423
mainly Contributions, distributions and other (-€1.2m) and Receivables within one year (-€980,615)
- Stocks and contracts +€387,519
up €387,519 (+22.3%), from €1.7m to €2.1m
- Current investments -€140,629
down €140,629 (-82.2%), from €171,151 to €30,523
- Other debts +€560,734
up €560,734 (+94.9%), from €590,766 to €1.2m
- Reserves +€171,427
up €171,427 (+5.8%), from €3.0m to €3.1m
of which Tax-exempt reserves: +€147,350
- Tax, wage and social debts +€128,742
up €128,742 (+294%), from €43,786 to €172,528
of which Taxes: +€113,013
- Debts after one year -€78,666
down €78,666 (-94.8%), from €82,961 to €4,295
- Gross operating margin +€309,893
up €309,893 (+17.9%), from €1.7m to €2.0m
- Taxes +€81,119
up €81,119 (+37.6%), from €215,978 to €297,097
- Financial income +€25,992
up €25,992 (+193%), from €13,458 to €39,449
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 | €5,330,184 | €5,971,246 | +€641,062 | +12.0% |
| Fixed assets | 21/28 | €161,524 | €122,815 | -€38,710 | -24.0% |
| Tangible fixed assets | 22/27 | €161,524 | €122,815 | -€38,710 | -24.0% |
| Plant, machinery and equipment | 23 | €41,934 | €20,917 | -€21,017 | -50.1% |
| Furniture and vehicles | 24 | €98,219 | €67,876 | -€30,343 | -30.9% |
| Other tangible fixed assets | 26 | €18,372 | €34,022 | +€15,650 | +85.2% |
| Assets under construction and advance payments | 27 | €3,000 | - | -€3,000 | |
| Current assets | 29/58 | €5,168,660 | €5,848,432 | +€679,772 | +13.2% |
| Stocks and contracts in progress | 3 | €1,741,325 | €2,128,844 | +€387,519 | +22.3% |
| Stocks | 30/36 | €1,741,325 | €2,128,844 | +€387,519 | +22.3% |
| Amounts receivable within one year | 40/41 | €2,097,830 | €3,078,446 | +€980,615 | +46.7% |
| Trade receivables | 40 | €1,196,817 | €2,394,712 | +€1.2m | +100% |
| Other amounts receivable | 41 | €901,013 | €683,734 | -€217,279 | -24.1% |
| Current investments | 50/53 | €171,151 | €30,523 | -€140,629 | -82.2% |
| Cash at bank and in hand | 54/58 | €1,156,191 | €608,423 | -€547,768 | -47.4% |
| Deferred charges and accrued income | 490/1 | €2,162 | €2,196 | +€34 | +1.6% |
| Total equity and liabilities | 10/49 | €5,330,184 | €5,971,246 | +€641,062 | +12.0% |
| Equity | 10/15 | €3,058,489 | €3,229,917 | +€171,427 | +5.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €2,958,489 | €3,129,917 | +€171,427 | +5.8% |
| Tax-exempt reserves | 132 | - | €147,350 | +€147,350 | |
| Distributable reserves | 133 | €2,958,489 | €2,982,567 | +€24,077 | +0.8% |
| Amounts payable | 17/49 | €2,271,694 | €2,741,329 | +€469,635 | +20.7% |
| Amounts payable after more than one year | 17 | €82,961 | €4,295 | -€78,666 | -94.8% |
| Financial debts | 170/4 | €82,961 | €4,295 | -€78,666 | -94.8% |
| Amounts payable within one year | 42/48 | €2,172,754 | €2,737,035 | +€564,281 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €109,390 | €78,666 | -€30,724 | -28.1% |
| Financial debts | 43 | €37,820 | - | -€37,820 | |
| Credit institutions | 430/8 | €37,820 | - | -€37,820 | |
| Trade debts | 44 | €1,390,991 | €1,334,340 | -€56,651 | -4.1% |
| Suppliers | 440/4 | €1,390,991 | €1,334,340 | -€56,651 | -4.1% |
| Taxes, remuneration and social security | 45 | €43,786 | €172,528 | +€128,742 | +294% |
| Taxes | 450/3 | €7,500 | €120,513 | +€113,013 | +1,507% |
| Remuneration and social security | 454/9 | €36,286 | €52,016 | +€15,729 | +43.3% |
| Other amounts payable | 47/48 | €590,766 | €1,151,500 | +€560,734 | +94.9% |
| Accrued charges and deferred income | 492/3 | €15,980 | - | -€15,980 | |
| Remuneration, social security and pensions | 62 | €365,421 | €384,105 | +€18,684 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,275 | €53,375 | +€11,100 | +26.3% |
| Other operating charges | 640/8 | €1,022 | €11,447 | +€10,425 | +1,020% |
| Gross operating margin | 9900 | €1,733,539 | €2,043,431 | +€309,893 | +17.9% |
| Operating profit (loss) | 9901 | €1,324,821 | €1,594,505 | +€269,684 | +20.4% |
| Financial income | 75/76B | €13,458 | €39,449 | +€25,992 | +193% |
| Recurring financial income | 75 | €13,458 | €39,449 | +€25,992 | +193% |
| Financial charges | 65/66B | €27,151 | €15,430 | -€11,721 | -43.2% |
| Recurring financial charges | 65 | €27,151 | €15,430 | -€11,721 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | €1,311,127 | €1,618,524 | +€307,397 | +23.4% |
| Income taxes | 67/77 | €215,978 | €297,097 | +€81,119 | +37.6% |
| Profit (loss) for the period | 9904 | €1,095,150 | €1,321,427 | +€226,278 | +20.7% |
| Transfer to tax-exempt reserves | 689 | - | €147,350 | +€147,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,095,150 | €1,174,077 | +€78,928 | +7.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.