SILEAU: 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.
SILEAU
Largest movements
- Tangible fixed assets -€27,425
down €27,425 (-28.5%), from €96,359 to €68,934
- Cash -€7,805
down €7,805 (-5.3%), from €146,142 to €138,338
mainly Contributions, distributions and other (-€65,604) and Current portion of long-term debt (-€16,721)
- Reserves -€55,568
down €55,568 (-31.8%), from €174,954 to €119,386
of which Non-distributable reserves: -€48,998
- Other debts +€51,085
new in 2025: €51,085
- Current portion of long-term debt -€16,721
down €16,721 (-91.5%), from €18,275 to €1,555
- Tax, wage and social debts -€8,003
down €8,003 (-67.2%), from €11,908 to €3,905
of which Taxes: -€7,992
- Gross operating margin -€31,300
down €31,300 (-26.9%), from €116,178 to €84,878
- Taxes +€6,488
up €6,488 (+27.2%), from €23,843 to €30,331
- Staff costs -€3,334
down €3,334 (-20.7%), from €16,114 to €12,779
- Depreciation +€2,662
up €2,662 (+10.5%), from €25,449 to €28,111
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 | €254,715 | €222,609 | -€32,105 | -12.6% |
| Fixed assets | 21/28 | €97,584 | €71,502 | -€26,082 | -26.7% |
| Intangible fixed assets | 21 | €1,225 | €2,568 | +€1,342 | +110% |
| Tangible fixed assets | 22/27 | €96,359 | €68,934 | -€27,425 | -28.5% |
| Plant, machinery and equipment | 23 | €22,212 | €15,750 | -€6,462 | -29.1% |
| Furniture and vehicles | 24 | €36,964 | €28,510 | -€8,455 | -22.9% |
| Other tangible fixed assets | 26 | €37,182 | €24,674 | -€12,507 | -33.6% |
| Current assets | 29/58 | €157,131 | €151,108 | -€6,023 | -3.8% |
| Amounts receivable within one year | 40/41 | €6,612 | €7,929 | +€1,316 | +19.9% |
| Trade receivables | 40 | €4,395 | €3,047 | -€1,348 | -30.7% |
| Other amounts receivable | 41 | €2,217 | €4,882 | +€2,665 | +120% |
| Cash at bank and in hand | 54/58 | €146,142 | €138,338 | -€7,805 | -5.3% |
| Deferred charges and accrued income | 490/1 | €4,376 | €4,842 | +€465 | +10.6% |
| Total equity and liabilities | 10/49 | €254,715 | €222,609 | -€32,105 | -12.6% |
| Equity | 10/15 | €193,554 | €137,986 | -€55,568 | -28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €174,954 | €119,386 | -€55,568 | -31.8% |
| Non-distributable reserves | 130/1 | €48,998 | - | -€48,998 | |
| Other | 1319 | €48,998 | - | -€48,998 | |
| Tax-exempt reserves | 132 | €14,498 | - | -€14,498 | |
| Distributable reserves | 133 | €111,458 | €119,386 | +€7,928 | +7.1% |
| Amounts payable | 17/49 | €61,161 | €84,624 | +€23,463 | +38.4% |
| Amounts payable after more than one year | 17 | €1,555 | - | -€1,555 | |
| Financial debts | 170/4 | €1,555 | - | -€1,555 | |
| Amounts payable within one year | 42/48 | €36,085 | €61,012 | +€24,927 | +69.1% |
| Current portion of amounts payable after more than one year | 42 | €18,275 | €1,555 | -€16,721 | -91.5% |
| Trade debts | 44 | €5,901 | €4,467 | -€1,434 | -24.3% |
| Suppliers | 440/4 | €5,901 | €4,467 | -€1,434 | -24.3% |
| Taxes, remuneration and social security | 45 | €11,908 | €3,905 | -€8,003 | -67.2% |
| Taxes | 450/3 | €9,638 | €1,646 | -€7,992 | -82.9% |
| Remuneration and social security | 454/9 | €2,270 | €2,259 | -€11 | -0.5% |
| Other amounts payable | 47/48 | - | €51,085 | +€51,085 | |
| Accrued charges and deferred income | 492/3 | €23,521 | €23,612 | +€91 | +0.4% |
| Remuneration, social security and pensions | 62 | €16,114 | €12,779 | -€3,334 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,449 | €28,111 | +€2,662 | +10.5% |
| Other operating charges | 640/8 | €2,839 | €2,410 | -€429 | -15.1% |
| Gross operating margin | 9900 | €116,178 | €84,878 | -€31,300 | -26.9% |
| Operating profit (loss) | 9901 | €71,776 | €41,578 | -€30,198 | -42.1% |
| Financial income | 75/76B | €14 | €213 | +€199 | +1,458% |
| Recurring financial income | 75 | €14 | €213 | +€199 | +1,458% |
| Financial charges | 65/66B | €2,093 | €1,423 | -€670 | -32.0% |
| Recurring financial charges | 65 | €2,093 | €1,423 | -€670 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €69,696 | €40,367 | -€29,329 | -42.1% |
| Income taxes | 67/77 | €23,843 | €30,331 | +€6,488 | +27.2% |
| Profit (loss) for the period | 9904 | €45,853 | €10,037 | -€35,817 | -78.1% |
| Transfer from tax-exempt reserves | 789 | - | €63,496 | +€63,496 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,853 | €73,533 | +€27,679 | +60.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.