SILEX BAR: 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.
SILEX BAR
Largest movements
- Tangible fixed assets -€11,159
down €11,159 (-13.1%), from €85,429 to €74,269
of which Other tangible fixed assets: -€8,334
- Cash +€5,891
up €5,891 (+232%), from €2,544 to €8,435
mainly Contributions, distributions and other (+€25,000) and Other debts (+€24,517)
- Stocks and contracts -€3,201
down €3,201 (-41.6%), from €7,691 to €4,489
- Profit (loss) carried forward -€63,269
down €63,269 (-70.5%), from -€89,778 to -€153,047
- Contributions +€25,000
up €25,000 (+125%), from €20,000 to €45,000
- Other debts +€24,517
up €24,517 (+34.7%), from €70,731 to €95,248
- Tax, wage and social debts +€18,855
up €18,855 (+139%), from €13,602 to €32,457
of which Taxes: +€9,847
- Trade debts -€5,608
down €5,608 (-17.5%), from €31,980 to €26,372
- Gross operating margin +€53,438
up €53,438, from -€9,784 to €43,654
- Staff costs +€23,706
up €23,706 (+35.8%), from €66,213 to €89,919
- Depreciation +€2,559
up €2,559 (+29.8%), from €8,600 to €11,159
- Financial income -€747
down €747 (-100.0%), from €747 to €0
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 | €98,155 | €89,808 | -€8,347 | -8.5% |
| Fixed assets | 21/28 | €87,920 | €76,761 | -€11,159 | -12.7% |
| Tangible fixed assets | 22/27 | €85,429 | €74,269 | -€11,159 | -13.1% |
| Plant, machinery and equipment | 23 | €3,098 | €1,948 | -€1,151 | -37.1% |
| Furniture and vehicles | 24 | €8,244 | €6,570 | -€1,674 | -20.3% |
| Other tangible fixed assets | 26 | €74,086 | €65,752 | -€8,334 | -11.2% |
| Financial fixed assets | 28 | €2,492 | €2,492 | = | 0.0% |
| Current assets | 29/58 | €10,235 | €13,047 | +€2,812 | +27.5% |
| Stocks and contracts in progress | 3 | €7,691 | €4,489 | -€3,201 | -41.6% |
| Stocks | 30/36 | €7,691 | €4,489 | -€3,201 | -41.6% |
| Amounts receivable within one year | 40/41 | - | €123 | +€123 | |
| Other amounts receivable | 41 | - | €123 | +€123 | |
| Cash at bank and in hand | 54/58 | €2,544 | €8,435 | +€5,891 | +232% |
| Total equity and liabilities | 10/49 | €98,155 | €89,808 | -€8,347 | -8.5% |
| Equity | 10/15 | -€69,778 | -€108,047 | -€38,269 | -54.8% |
| Contributions | 10/11 | €20,000 | €45,000 | +€25,000 | +125% |
| Profit (loss) carried forward | 14 | -€89,778 | -€153,047 | -€63,269 | -70.5% |
| Amounts payable | 17/49 | €167,933 | €197,855 | +€29,922 | +17.8% |
| Amounts payable after more than one year | 17 | €43,778 | €39,563 | -€4,215 | -9.6% |
| Financial debts | 170/4 | €43,778 | €39,563 | -€4,215 | -9.6% |
| Amounts payable within one year | 42/48 | €124,156 | €158,292 | +€34,137 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €3,992 | €4,215 | +€223 | +5.6% |
| Financial debts | 43 | €3,851 | - | -€3,851 | |
| Credit institutions | 430/8 | €3,851 | - | -€3,851 | |
| Trade debts | 44 | €31,980 | €26,372 | -€5,608 | -17.5% |
| Suppliers | 440/4 | €31,980 | €26,372 | -€5,608 | -17.5% |
| Taxes, remuneration and social security | 45 | €13,602 | €32,457 | +€18,855 | +139% |
| Taxes | 450/3 | €3,887 | €13,734 | +€9,847 | +253% |
| Remuneration and social security | 454/9 | €9,715 | €18,723 | +€9,008 | +92.7% |
| Other amounts payable | 47/48 | €70,731 | €95,248 | +€24,517 | +34.7% |
| Remuneration, social security and pensions | 62 | €66,213 | €89,919 | +€23,706 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,600 | €11,159 | +€2,559 | +29.8% |
| Other operating charges | 640/8 | €500 | €354 | -€146 | -29.2% |
| Gross operating margin | 9900 | -€9,784 | €43,654 | +€53,438 | |
| Operating profit (loss) | 9901 | -€85,097 | -€57,778 | +€27,320 | +32.1% |
| Financial income | 75/76B | €747 | €0 | -€747 | -100.0% |
| Recurring financial income | 75 | €747 | €0 | -€747 | -100.0% |
| Financial charges | 65/66B | €5,428 | €5,491 | +€63 | +1.2% |
| Recurring financial charges | 65 | €5,428 | €5,491 | +€63 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€89,778 | -€63,269 | +€26,510 | +29.5% |
| Profit (loss) for the period | 9904 | -€89,778 | -€63,269 | +€26,510 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,778 | -€63,269 | +€26,510 | +29.5% |
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 29 October 2026 via checked.be.