SILEGREC: 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
SILEGREC
NACE 46.494, Wholesale of non-electrical household articles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€143,263
2024 · €143,152+€111
Equity
€6.5m
2024 · €6.5m+€43,263
Cash
€599,369
2024 · €1.4m-€830,634
Balance sheet total
€6.7m
2024 · €6.7m+€21,296
Largest movements
Assets
- Cash -€830,634
down €830,634 (-58.1%), from €1.4m to €599,369
mainly Current investments (-€750,000) and Contributions, distributions and other (-€100,000)
- Current investments +€750,000
up €750,000, from €0 to €750,000
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€73,598
up €73,598 (+23.3%), from €316,181 to €389,780
- Staff costs +€52,283
up €52,283 (+30.7%), from €170,462 to €222,745
- Other operating charges +€17,233
up €17,233 (+262%), from €6,584 to €23,817
- Financial income -€6,329
down €6,329 (-20.6%), from €30,749 to €24,420
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.
Result 2024
€143,152
Gross operating margin
+€73,598
Staff costs
-€52,283
Depreciation
-€1,360
Other operating charges
-€17,233
Financial income
-€6,329
Financial charges
+€307
Taxes
+€3,411
Result 2025
€143,263
raises the resultlowers the result
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.
From operations
+€87,033
Investment
-€817,666
Financing
-€100,000
Cash 2024
€1.4m
From operations (derived)
+€87,033
Net result for the year
+€143,263
Depreciation
+€7,335
Receivables after one year
-€5,137
Stocks and contracts
-€36,447
Receivables within one year
-€6,421
Deferred charges and accrued income
+€6,407
Trade debts
-€7,411
Tax, wage and social debts
+€5,181
Advances received
-€3,991
Other debts
-€3,459
Accrued charges and deferred income
-€12,287
Investment (derived)
-€817,666
Investment in fixed assets (net)
-€67,666
Current investments
-€750,000
Financing
-€100,000
Contributions, distributions and other
-€100,000
Cash 2025
€599,369
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,661,442 | €6,682,738 | +€21,296 | +0.3% |
| Fixed assets | 21/28 | €4,077,653 | €4,137,984 | +€60,331 | +1.5% |
| Tangible fixed assets | 22/27 | €15,437 | €75,769 | +€60,331 | +391% |
| Land and buildings | 22 | €10,707 | €9,864 | -€843 | -7.9% |
| Plant, machinery and equipment | 23 | €4,730 | €2,724 | -€2,006 | -42.4% |
| Furniture and vehicles | 24 | €0 | €63,180 | +€63,180 | |
| Financial fixed assets | 28 | €4,062,216 | €4,062,216 | = | 0.0% |
| Current assets | 29/58 | €2,583,789 | €2,544,754 | -€39,036 | -1.5% |
| Amounts receivable after more than one year | 29 | €205,468 | €210,605 | +€5,137 | +2.5% |
| Other amounts receivable | 291 | €205,468 | €210,605 | +€5,137 | +2.5% |
| Stocks and contracts in progress | 3 | €902,184 | €938,631 | +€36,447 | +4.0% |
| Stocks | 30/36 | €902,184 | €938,631 | +€36,447 | +4.0% |
| Amounts receivable within one year | 40/41 | €31,622 | €38,043 | +€6,421 | +20.3% |
| Trade receivables | 40 | €17,344 | €9,374 | -€7,970 | -46.0% |
| Other amounts receivable | 41 | €14,278 | €28,669 | +€14,391 | +101% |
| Current investments | 50/53 | €0 | €750,000 | +€750,000 | |
| Cash at bank and in hand | 54/58 | €1,430,002 | €599,369 | -€830,634 | -58.1% |
| Deferred charges and accrued income | 490/1 | €14,512 | €8,105 | -€6,407 | -44.1% |
| Total equity and liabilities | 10/49 | €6,661,442 | €6,682,738 | +€21,296 | +0.3% |
| Equity | 10/15 | €6,453,323 | €6,496,586 | +€43,263 | +0.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €6,378,323 | €6,421,586 | +€43,263 | +0.7% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €6,333,323 | €6,376,586 | +€43,263 | +0.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €208,119 | €186,152 | -€21,968 | -10.6% |
| Amounts payable within one year | 42/48 | €190,487 | €180,806 | -€9,681 | -5.1% |
| Trade debts | 44 | €16,738 | €9,326 | -€7,411 | -44.3% |
| Suppliers | 440/4 | €16,738 | €9,326 | -€7,411 | -44.3% |
| Advances received on contracts in progress | 46 | €13,644 | €9,653 | -€3,991 | -29.2% |
| Taxes, remuneration and social security | 45 | €54,381 | €59,562 | +€5,181 | +9.5% |
| Taxes | 450/3 | €20,118 | €18,893 | -€1,226 | -6.1% |
| Remuneration and social security | 454/9 | €34,262 | €40,669 | +€6,406 | +18.7% |
| Other amounts payable | 47/48 | €105,724 | €102,265 | -€3,459 | -3.3% |
| Accrued charges and deferred income | 492/3 | €17,633 | €5,345 | -€12,287 | -69.7% |
| Non-recurring operating income | 76A | - | €16,500 | +€16,500 | |
| Remuneration, social security and pensions | 62 | €170,462 | €222,745 | +€52,283 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,975 | €7,335 | +€1,360 | +22.8% |
| Other operating charges | 640/8 | €6,584 | €23,817 | +€17,233 | +262% |
| Gross operating margin | 9900 | €316,181 | €389,780 | +€73,598 | +23.3% |
| Operating profit (loss) | 9901 | €133,160 | €135,883 | +€2,722 | +2.0% |
| Financial income | 75/76B | €30,749 | €24,420 | -€6,329 | -20.6% |
| Recurring financial income | 75 | €30,749 | €24,420 | -€6,329 | -20.6% |
| Financial charges | 65/66B | €3,243 | €2,936 | -€307 | -9.5% |
| Recurring financial charges | 65 | €3,243 | €2,936 | -€307 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €160,667 | €157,367 | -€3,300 | -2.1% |
| Income taxes | 67/77 | €17,515 | €14,103 | -€3,411 | -19.5% |
| Profit (loss) for the period | 9904 | €143,152 | €143,263 | +€111 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €143,152 | €143,263 | +€111 | +0.1% |
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 24 October 2026 via checked.be.