SILENCIO: 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.
SILENCIO
Largest movements
- Cash +€5,869
up €5,869 (+799%), from €735 to €6,604
mainly Depreciation (+€3,910) and Advances received (+€3,717)
- Receivables within one year -€2,931
down €2,931 (-21.5%), from €13,613 to €10,682
of which Trade receivables: -€1,651
- Tangible fixed assets +€2,429
up €2,429 (+36.1%), from €6,725 to €9,154
of which Plant, machinery and equipment: +€3,049
- Deferred charges and accrued income +€1,259
up €1,259 (+233%), from €541 to €1,800
- Advances received +€3,717
new in 2025: €3,717
- Profit (loss) carried forward +€1,644
up €1,644 (+7.9%), from €20,940 to €22,585
- Trade debts +€1,407
up €1,407 (+281%), from €501 to €1,908
- Gross operating margin +€2,399
up €2,399 (+65.6%), from €3,654 to €6,053
- Turnover +€2,218
up €2,218 (+15.1%), from €14,651 to €16,869
- Depreciation +€348
up €348 (+9.8%), from €3,562 to €3,910
- Other operating charges -€303
down €303 (-39.8%), from €760 to €458
- Financial charges -€261
down €261 (-86.6%), from €302 to €40
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 | €21,613 | €28,240 | +€6,627 | +30.7% |
| Fixed assets | 21/28 | €6,725 | €9,154 | +€2,429 | +36.1% |
| Tangible fixed assets | 22/27 | €6,725 | €9,154 | +€2,429 | +36.1% |
| Plant, machinery and equipment | 23 | €1,946 | €4,995 | +€3,049 | +157% |
| Furniture and vehicles | 24 | €4,779 | €4,160 | -€619 | -13.0% |
| Current assets | 29/58 | €14,889 | €19,086 | +€4,197 | +28.2% |
| Amounts receivable within one year | 40/41 | €13,613 | €10,682 | -€2,931 | -21.5% |
| Trade receivables | 40 | €3,233 | €1,582 | -€1,651 | -51.1% |
| Other amounts receivable | 41 | €10,380 | €9,100 | -€1,280 | -12.3% |
| Cash at bank and in hand | 54/58 | €735 | €6,604 | +€5,869 | +799% |
| Deferred charges and accrued income | 490/1 | €541 | €1,800 | +€1,259 | +233% |
| Total equity and liabilities | 10/49 | €21,613 | €28,240 | +€6,627 | +30.7% |
| Equity | 10/15 | €20,940 | €22,585 | +€1,644 | +7.9% |
| Profit (loss) carried forward | 14 | €20,940 | €22,585 | +€1,644 | +7.9% |
| Amounts payable | 17/49 | €673 | €5,655 | +€4,982 | +740% |
| Amounts payable within one year | 42/48 | €673 | €5,655 | +€4,982 | +740% |
| Trade debts | 44 | €501 | €1,908 | +€1,407 | +281% |
| Suppliers | 440/4 | €501 | €1,908 | +€1,407 | +281% |
| Advances received on contracts in progress | 46 | - | €3,717 | +€3,717 | |
| Taxes, remuneration and social security | 45 | €172 | €30 | -€142 | -82.6% |
| Taxes | 450/3 | €172 | €30 | -€142 | -82.6% |
| Turnover | 70 | €14,651 | €16,869 | +€2,218 | +15.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,597 | €12,843 | +€247 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,562 | €3,910 | +€348 | +9.8% |
| Other operating charges | 640/8 | €760 | €458 | -€303 | -39.8% |
| Gross operating margin | 9900 | €3,654 | €6,053 | +€2,399 | +65.6% |
| Operating profit (loss) | 9901 | -€669 | €1,685 | +€2,353 | |
| Financial income | 75/76B | €43 | - | -€43 | |
| Recurring financial income | 75 | €43 | - | -€43 | |
| Financial charges | 65/66B | €302 | €40 | -€261 | -86.6% |
| Recurring financial charges | 65 | €302 | €40 | -€261 | -86.6% |
| Profit (loss) for the period before taxes | 9903 | -€927 | €1,644 | +€2,572 | |
| Profit (loss) for the period | 9904 | -€927 | €1,644 | +€2,572 | |
| Profit (loss) for the period to be appropriated | 9905 | -€927 | €1,644 | +€2,572 |
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 19 October 2026 via checked.be.