Silex: 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.
Silex
Largest movements
- Stocks and contracts -€1.1m
down €1.1m (-62.8%), from €1.7m to €632,288
- Cash +€49,205
up €49,205, from €0 to €49,205
mainly Stocks and contracts (+€1.1m) and Net result for the year (+€116,997)
- Receivables within one year -€28,439
down €28,439 (-52.3%), from €54,354 to €25,915
- Short-term financial debts -€691,924
down €691,924 (-59.5%), from €1.2m to €470,000
- Other debts -€374,882
down €374,882 (-63.5%), from €590,052 to €215,170
- Profit (loss) carried forward +€116,997
up €116,997 (+98.0%), from -€119,381 to -€2,384
- Trade debts -€98,702
down €98,702 (-89.3%), from €110,557 to €11,855
- Gross operating margin +€149,085
up €149,085 (+1581.4%), from €9,428 to €158,513
- Financial charges -€29,466
down €29,466 (-42.1%), from €69,959 to €40,493
- Other operating charges -€12,626
down €12,626 (-83.6%), from €15,105 to €2,479
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 | €1,753,472 | €707,409 | -€1.0m | -59.7% |
| Current assets | 29/58 | €1,753,472 | €707,409 | -€1.0m | -59.7% |
| Stocks and contracts in progress | 3 | €1,699,118 | €632,288 | -€1.1m | -62.8% |
| Stocks | 30/36 | €1,699,118 | €632,288 | -€1.1m | -62.8% |
| Amounts receivable within one year | 40/41 | €54,354 | €25,915 | -€28,439 | -52.3% |
| Other amounts receivable | 41 | €54,354 | €25,915 | -€28,439 | -52.3% |
| Cash at bank and in hand | 54/58 | €0 | €49,205 | +€49,205 | |
| Total equity and liabilities | 10/49 | €1,753,472 | €707,409 | -€1.0m | -59.7% |
| Equity | 10/15 | -€109,381 | €7,616 | +€116,997 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,381 | -€2,384 | +€116,997 | +98.0% |
| Amounts payable | 17/49 | €1,862,853 | €699,793 | -€1.2m | -62.4% |
| Amounts payable within one year | 42/48 | €1,862,533 | €697,026 | -€1.2m | -62.6% |
| Financial debts | 43 | €1,161,924 | €470,000 | -€691,924 | -59.5% |
| Credit institutions | 430/8 | €1,161,924 | €470,000 | -€691,924 | -59.5% |
| Trade debts | 44 | €110,557 | €11,855 | -€98,702 | -89.3% |
| Suppliers | 440/4 | €110,557 | €11,855 | -€98,702 | -89.3% |
| Other amounts payable | 47/48 | €590,052 | €215,170 | -€374,882 | -63.5% |
| Accrued charges and deferred income | 492/3 | €320 | €2,767 | +€2,447 | +764.2% |
| Other operating charges | 640/8 | €15,105 | €2,479 | -€12,626 | -83.6% |
| Gross operating margin | 9900 | €9,428 | €158,513 | +€149,085 | +1581.4% |
| Operating profit (loss) | 9901 | -€5,678 | €156,034 | +€161,711 | |
| Financial income | 75/76B | €354 | €1,457 | +€1,103 | +311.2% |
| Recurring financial income | 75 | €354 | €1,457 | +€1,103 | +311.2% |
| Financial charges | 65/66B | €69,959 | €40,493 | -€29,466 | -42.1% |
| Recurring financial charges | 65 | €69,959 | €40,493 | -€29,466 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | -€75,282 | €116,997 | +€192,280 | |
| Profit (loss) for the period | 9904 | -€75,282 | €116,997 | +€192,280 | |
| Profit (loss) for the period to be appropriated | 9905 | -€75,282 | €116,997 | +€192,280 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.