SILHOUELLE: 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.
What changed
SILHOUELLE
NACE 93.130, Fitness centres
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€11,941
2024 · €8,796+€3,145
Equity
€218,719
2024 · €206,778+€11,941
Cash
€14,401
2024 · €13,175+€1,226
Balance sheet total
€975,818
2024 · €1.0m-€48,707
Largest movements
Assets
- Tangible fixed assets -€59,558
down €59,558 (-6.7%), from €895,189 to €835,631
of which Land and buildings: -€51,651
Equity and liabilities
- Debts after one year -€85,306
down €85,306 (-12.7%), from €669,387 to €584,080
- Trade debts +€23,958
up €23,958 (+79.8%), from €30,037 to €53,995
- Reserves +€11,941
up €11,941 (+13.8%), from €86,778 to €98,719
Income statement
- Gross operating margin +€18,680
up €18,680 (+9.2%), from €203,215 to €221,896
- Staff costs +€13,968
up €13,968 (+14.4%), from €96,924 to €110,893
- Taxes +€6,621
up €6,621 (+2,259%), from €293 to €6,914
- Depreciation -€3,862
down €3,862 (-5.9%), from €65,192 to €61,330
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.
Result 2024
€8,796
Gross operating margin
+€18,680
Staff costs
-€13,968
Depreciation
+€3,862
Other operating charges
+€1,291
Financial income
-€1,813
Financial charges
+€1,713
Taxes
-€6,621
Result 2025
€11,941
raises the resultlowers the result
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.
From operations
+€88,317
Investment
-€1,772
Financing
-€85,319
Cash 2024
€13,175
From operations (derived)
+€88,317
Net result for the year
+€11,941
Depreciation
+€61,330
Stocks and contracts
-€4,919
Receivables within one year
-€3,664
Deferred charges and accrued income
-€1,042
Trade debts
+€23,958
Tax, wage and social debts
-€2,325
Other debts
+€3,038
Investment (derived)
-€1,772
Investment in fixed assets (net)
-€1,772
Financing
-€85,319
Debts after one year
-€85,306
Current portion of long-term debt
+€2,558
Short-term financial debts
-€2,571
Cash 2025
€14,401
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,024,525 | €975,818 | -€48,707 | -4.8% |
| Fixed assets | 21/28 | €895,374 | €835,816 | -€59,558 | -6.7% |
| Tangible fixed assets | 22/27 | €895,189 | €835,631 | -€59,558 | -6.7% |
| Land and buildings | 22 | €870,472 | €818,821 | -€51,651 | -5.9% |
| Plant, machinery and equipment | 23 | €20,167 | €15,854 | -€4,313 | -21.4% |
| Furniture and vehicles | 24 | €4,551 | €956 | -€3,594 | -79.0% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €129,151 | €140,002 | +€10,851 | +8.4% |
| Stocks and contracts in progress | 3 | €82,244 | €87,163 | +€4,919 | +6.0% |
| Stocks | 30/36 | €82,244 | €87,163 | +€4,919 | +6.0% |
| Amounts receivable within one year | 40/41 | €31,907 | €35,571 | +€3,664 | +11.5% |
| Trade receivables | 40 | €2,500 | €20,864 | +€18,364 | +735% |
| Other amounts receivable | 41 | €29,407 | €14,707 | -€14,700 | -50.0% |
| Cash at bank and in hand | 54/58 | €13,175 | €14,401 | +€1,226 | +9.3% |
| Deferred charges and accrued income | 490/1 | €1,826 | €2,868 | +€1,042 | +57.1% |
| Total equity and liabilities | 10/49 | €1,024,525 | €975,818 | -€48,707 | -4.8% |
| Equity | 10/15 | €206,778 | €218,719 | +€11,941 | +5.8% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €86,778 | €98,719 | +€11,941 | +13.8% |
| Distributable reserves | 133 | €86,778 | €98,719 | +€11,941 | +13.8% |
| Amounts payable | 17/49 | €817,748 | €757,100 | -€60,648 | -7.4% |
| Amounts payable after more than one year | 17 | €669,387 | €584,080 | -€85,306 | -12.7% |
| Financial debts | 170/4 | €669,387 | €584,080 | -€85,306 | -12.7% |
| Amounts payable within one year | 42/48 | €148,361 | €173,019 | +€24,658 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €86,302 | €88,860 | +€2,558 | +3.0% |
| Financial debts | 43 | €3,750 | €1,179 | -€2,571 | -68.6% |
| Credit institutions | 430/8 | €3,750 | €1,179 | -€2,571 | -68.6% |
| Trade debts | 44 | €30,037 | €53,995 | +€23,958 | +79.8% |
| Suppliers | 440/4 | €30,037 | €53,995 | +€23,958 | +79.8% |
| Taxes, remuneration and social security | 45 | €28,272 | €25,947 | -€2,325 | -8.2% |
| Taxes | 450/3 | €15,358 | €19,393 | +€4,034 | +26.3% |
| Remuneration and social security | 454/9 | €12,914 | €6,554 | -€6,360 | -49.2% |
| Other amounts payable | 47/48 | - | €3,038 | +€3,038 | |
| Remuneration, social security and pensions | 62 | €96,924 | €110,893 | +€13,968 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,192 | €61,330 | -€3,862 | -5.9% |
| Other operating charges | 640/8 | €10,787 | €9,496 | -€1,291 | -12.0% |
| Gross operating margin | 9900 | €203,215 | €221,896 | +€18,680 | +9.2% |
| Operating profit (loss) | 9901 | €30,311 | €40,177 | +€9,866 | +32.5% |
| Financial income | 75/76B | €2,327 | €514 | -€1,813 | -77.9% |
| Recurring financial income | 75 | €2,327 | €514 | -€1,813 | -77.9% |
| Financial charges | 65/66B | €23,549 | €21,836 | -€1,713 | -7.3% |
| Recurring financial charges | 65 | €23,549 | €21,836 | -€1,713 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €9,089 | €18,855 | +€9,766 | +107% |
| Income taxes | 67/77 | €293 | €6,914 | +€6,621 | +2,259% |
| Profit (loss) for the period | 9904 | €8,796 | €11,941 | +€3,145 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,796 | €11,941 | +€3,145 | +35.8% |
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 17 October 2026 via checked.be.