SILENROC: what changed
Two fiscal 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.
SILENROC
Largest movements
- Tangible fixed assets -€124,503
down €124,503 (-5.3%), from €2.3m to €2.2m
of which Land and buildings: -€97,414
- Cash -€82,394
down €82,394 (-80.2%), from €102,779 to €20,385
mainly Net result for the year (-€227,669) and Trade debts (-€2,738)
- Profit (loss) carried forward -€185,945
down €185,945 (-25.1%), from €740,909 to €554,964
- Reserves -€41,724
down €41,724 (-2.5%), from €1.7m to €1.7m
of which Tax-exempt reserves: -€41,724
- Other operating charges +€25,841
up €25,841 (+60.1%), from €42,969 to €68,810
- Financial charges -€7,862
down €7,862 (-96.8%), from €8,121 to €259
- Depreciation -€2,520
down €2,520 (-2.0%), from €127,022 to €124,503
- Gross operating margin +€2,345
up €2,345, from -€1,883 to €462
- Staff costs +€687
up €687 (+2.0%), from €33,873 to €34,560
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,991,456 | €2,779,095 | -€212,361 | -7.1% |
| Fixed assets | 21/28 | €2,370,778 | €2,246,275 | -€124,503 | -5.3% |
| Tangible fixed assets | 22/27 | €2,338,386 | €2,213,884 | -€124,503 | -5.3% |
| Land and buildings | 22 | €2,244,978 | €2,147,563 | -€97,414 | -4.3% |
| Plant, machinery and equipment | 23 | €93,409 | €66,320 | -€27,088 | -29.0% |
| Financial fixed assets | 28 | €32,391 | €32,391 | = | 0.0% |
| Current assets | 29/58 | €620,678 | €532,820 | -€87,858 | -14.2% |
| Amounts receivable within one year | 40/41 | €116,416 | €109,191 | -€7,225 | -6.2% |
| Trade receivables | 40 | €7,225 | - | -€7,225 | |
| Other amounts receivable | 41 | €109,191 | €109,191 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €102,779 | €20,385 | -€82,394 | -80.2% |
| Deferred charges and accrued income | 490/1 | €401,483 | €403,244 | +€1,761 | +0.4% |
| Total equity and liabilities | 10/49 | €2,991,456 | €2,779,095 | -€212,361 | -7.1% |
| Equity | 10/15 | €2,449,677 | €2,222,007 | -€227,669 | -9.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,702,567 | €1,660,843 | -€41,724 | -2.5% |
| Non-distributable reserves | 130/1 | €15,476 | €15,476 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,476 | €15,476 | = | 0.0% |
| Tax-exempt reserves | 132 | €467,325 | €425,601 | -€41,724 | -8.9% |
| Distributable reserves | 133 | €1,219,766 | €1,219,766 | = | 0.0% |
| Profit (loss) carried forward | 14 | €740,909 | €554,964 | -€185,945 | -25.1% |
| Amounts payable | 17/49 | €541,779 | €557,087 | +€15,308 | +2.8% |
| Amounts payable within one year | 42/48 | €541,779 | €557,087 | +€15,308 | +2.8% |
| Trade debts | 44 | €7,347 | €4,609 | -€2,738 | -37.3% |
| Suppliers | 440/4 | €7,347 | €4,609 | -€2,738 | -37.3% |
| Advances received on contracts in progress | 46 | €8,140 | €8,140 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,088 | €5,057 | -€32 | -0.6% |
| Taxes | 450/3 | €455 | €221 | -€234 | -51.4% |
| Remuneration and social security | 454/9 | €4,633 | €4,835 | +€202 | +4.4% |
| Other amounts payable | 47/48 | €521,204 | €539,282 | +€18,078 | +3.5% |
| Non-recurring operating income | 76A | €8,576 | - | -€8,576 | |
| Remuneration, social security and pensions | 62 | €33,873 | €34,560 | +€687 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,022 | €124,503 | -€2,520 | -2.0% |
| Other operating charges | 640/8 | €42,969 | €68,810 | +€25,841 | +60.1% |
| Gross operating margin | 9900 | -€1,883 | €462 | +€2,345 | |
| Operating profit (loss) | 9901 | -€205,747 | -€227,410 | -€21,663 | -10.5% |
| Financial charges | 65/66B | €8,121 | €259 | -€7,862 | -96.8% |
| Recurring financial charges | 65 | €8,121 | €259 | -€7,862 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | -€213,868 | -€227,669 | -€13,802 | -6.5% |
| Income taxes | 67/77 | €234 | - | -€234 | |
| Profit (loss) for the period | 9904 | -€214,102 | -€227,669 | -€13,568 | -6.3% |
| Transfer from tax-exempt reserves | 789 | €41,724 | €41,724 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€172,377 | -€185,945 | -€13,568 | -7.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.