SILEX INSIGHT: 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 INSIGHT
Largest movements
- Receivables within one year -€7.8m
down €7.8m (-98.3%), from €7.9m to €133,876
of which Other amounts receivable: -€7.7m
- Cash -€295,650
down €295,650 (-96.7%), from €305,774 to €10,124
mainly Contributions, distributions and other (-€4.6m) and Other debts (-€3.4m)
- Profit (loss) carried forward -€4.6m
down €4.6m (-99.4%), from €4.7m to €29,791
- Other debts -€3.4m
no longer reported in 2025 (was €3.4m)
- Trade debts -€89,400
down €89,400 (-85.2%), from €104,943 to €15,542
- Financial income -€297,537
down €297,537 (-99.8%), from €298,038 to €501
- Gross operating margin +€156,020
up €156,020 (+80.5%), from -€193,786 to -€37,766
- Other operating charges -€134,760
down €134,760 (-99.1%), from €136,035 to €1,276
- Financial charges -€46,402
down €46,402 (-96.0%), from €48,330 to €1,928
- Write-downs +€6,763
no longer reported in 2025 (was -€6,763)
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 | €8,239,730 | €161,224 | -€8.1m | -98.0% |
| Fixed assets | 21/28 | €21,790 | €17,224 | -€4,567 | -21.0% |
| Tangible fixed assets | 22/27 | €21,790 | €17,224 | -€4,567 | -21.0% |
| Furniture and vehicles | 24 | €3,790 | €2,976 | -€815 | -21.5% |
| Other tangible fixed assets | 26 | €18,000 | €14,248 | -€3,752 | -20.8% |
| Current assets | 29/58 | €8,217,940 | €144,000 | -€8.1m | -98.2% |
| Amounts receivable within one year | 40/41 | €7,912,069 | €133,876 | -€7.8m | -98.3% |
| Trade receivables | 40 | €201,547 | €104,188 | -€97,359 | -48.3% |
| Other amounts receivable | 41 | €7,710,522 | €29,688 | -€7.7m | -99.6% |
| Cash at bank and in hand | 54/58 | €305,774 | €10,124 | -€295,650 | -96.7% |
| Deferred charges and accrued income | 490/1 | €97 | - | -€97 | |
| Total equity and liabilities | 10/49 | €8,239,730 | €161,224 | -€8.1m | -98.0% |
| Equity | 10/15 | €4,770,192 | €145,682 | -€4.6m | -96.9% |
| Contributions | 10/11 | €105,355 | €105,355 | = | 0.0% |
| Capital | 10 | €105,355 | €105,355 | = | 0.0% |
| Issued capital | 100 | €105,355 | €105,355 | = | 0.0% |
| Reserves | 13 | €10,535 | €10,535 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,535 | €10,535 | = | 0.0% |
| Legal reserve | 130 | €10,535 | €10,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,654,301 | €29,791 | -€4.6m | -99.4% |
| Amounts payable | 17/49 | €3,469,538 | €15,542 | -€3.5m | -99.6% |
| Amounts payable within one year | 42/48 | €3,469,538 | €15,542 | -€3.5m | -99.6% |
| Trade debts | 44 | €104,943 | €15,542 | -€89,400 | -85.2% |
| Suppliers | 440/4 | €104,943 | €15,542 | -€89,400 | -85.2% |
| Other amounts payable | 47/48 | €3,364,596 | - | -€3.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,017 | €4,567 | -€450 | -9.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,763 | - | +€6,763 | |
| Other operating charges | 640/8 | €136,035 | €1,276 | -€134,760 | -99.1% |
| Gross operating margin | 9900 | -€193,786 | -€37,766 | +€156,020 | +80.5% |
| Operating profit (loss) | 9901 | -€328,075 | -€43,608 | +€284,467 | +86.7% |
| Financial income | 75/76B | €298,038 | €501 | -€297,537 | -99.8% |
| Recurring financial income | 75 | €298,038 | €501 | -€297,537 | -99.8% |
| Financial charges | 65/66B | €48,330 | €1,928 | -€46,402 | -96.0% |
| Recurring financial charges | 65 | €48,330 | €1,928 | -€46,402 | -96.0% |
| Profit (loss) for the period before taxes | 9903 | -€78,368 | -€45,035 | +€33,332 | +42.5% |
| Income taxes | 67/77 | €1,014 | - | -€1,014 | |
| Profit (loss) for the period | 9904 | -€79,381 | -€45,035 | +€34,346 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,381 | -€45,035 | +€34,346 | +43.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.