SILEDO: 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.
SILEDO
Largest movements
- Receivables within one year -€122,159
down €122,159 (-51.3%), from €238,089 to €115,930
of which Other amounts receivable: -€168,615
- Profit (loss) carried forward -€167,965
no longer reported in 2025 (was €167,965)
- Other debts +€54,002
new in 2025: €54,002
- Trade debts -€18,569
down €18,569 (-63.9%), from €29,047 to €10,478
- Tax, wage and social debts +€15,024
up €15,024 (+39.1%), from €38,459 to €53,483
- Advances received -€6,504
no longer reported in 2025 (was €6,504)
- Gross operating margin -€68,026
down €68,026 (-85.5%), from €79,598 to €11,573
- Taxes -€21,716
down €21,716 (-86.1%), from €25,226 to €3,511
- Financial income -€9,108
no longer reported in 2025 (was €9,108)
- Financial charges +€2,098
up €2,098 (+667.3%), from €314 to €2,412
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €247,974 | €124,426 | -€123,548 | -49.8% |
| Fixed assets | 21/28 | - | €2,061 | +€2,061 | |
| Tangible fixed assets | 22/27 | - | €2,061 | +€2,061 | |
| Furniture and vehicles | 24 | - | €2,061 | +€2,061 | |
| Current assets | 29/58 | €247,974 | €122,365 | -€125,609 | -50.7% |
| Amounts receivable within one year | 40/41 | €238,089 | €115,930 | -€122,159 | -51.3% |
| Trade receivables | 40 | €5,375 | €51,831 | +€46,456 | +864.3% |
| Other amounts receivable | 41 | €232,714 | €64,099 | -€168,615 | -72.5% |
| Cash at bank and in hand | 54/58 | €3,057 | €2,049 | -€1,008 | -33.0% |
| Deferred charges and accrued income | 490/1 | €6,828 | €4,385 | -€2,443 | -35.8% |
| Total equity and liabilities | 10/49 | €247,974 | €124,426 | -€123,548 | -49.8% |
| Equity | 10/15 | €173,965 | €6,000 | -€167,965 | -96.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,965 | - | -€167,965 | |
| Amounts payable | 17/49 | €74,009 | €118,426 | +€44,416 | +60.0% |
| Amounts payable within one year | 42/48 | €74,009 | €117,963 | +€43,954 | +59.4% |
| Trade debts | 44 | €29,047 | €10,478 | -€18,569 | -63.9% |
| Suppliers | 440/4 | €29,047 | €10,478 | -€18,569 | -63.9% |
| Advances received on contracts in progress | 46 | €6,504 | - | -€6,504 | |
| Taxes, remuneration and social security | 45 | €38,459 | €53,483 | +€15,024 | +39.1% |
| Taxes | 450/3 | €38,459 | €53,483 | +€15,024 | +39.1% |
| Other amounts payable | 47/48 | - | €54,002 | +€54,002 | |
| Accrued charges and deferred income | 492/3 | - | €463 | +€463 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €238 | +€238 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €79,598 | €11,573 | -€68,026 | -85.5% |
| Operating profit (loss) | 9901 | €79,211 | €10,935 | -€68,276 | -86.2% |
| Financial income | 75/76B | €9,108 | - | -€9,108 | |
| Recurring financial income | 75 | €9,108 | - | -€9,108 | |
| Financial charges | 65/66B | €314 | €2,412 | +€2,098 | +667.3% |
| Recurring financial charges | 65 | €314 | €2,412 | +€2,098 | +667.3% |
| Profit (loss) for the period before taxes | 9903 | €88,004 | €8,523 | -€79,482 | -90.3% |
| Income taxes | 67/77 | €25,226 | €3,511 | -€21,716 | -86.1% |
| Profit (loss) for the period | 9904 | €62,778 | €5,012 | -€57,766 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,778 | €5,012 | -€57,766 | -92.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.