Silhouet Architects: 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.
Silhouet Architects
Largest movements
- Receivables within one year +€80,293
up €80,293 (+20.3%), from €395,144 to €475,437
of which Trade receivables: +€78,229
- Cash -€72,729
down €72,729 (-40.4%), from €180,178 to €107,450
mainly Contributions, distributions and other (-€243,254) and Receivables within one year (-€80,293)
- Deferred charges and accrued income +€45,207
up €45,207 (+107%), from €42,214 to €87,421
- Tangible fixed assets -€35,977
down €35,977 (-9.0%), from €397,983 to €362,007
of which Other tangible fixed assets: -€20,283
- Debts after one year -€70,353
down €70,353 (-24.1%), from €291,793 to €221,440
- Reserves +€60,814
up €60,814 (+33.0%), from €184,118 to €244,931
- Trade debts +€47,589
up €47,589 (+72.1%), from €66,001 to €113,590
- Other debts -€23,065
down €23,065 (-7.1%), from €323,535 to €300,470
- Depreciation +€24,367
up €24,367 (+78.5%), from €31,028 to €55,394
- Staff costs +€17,242
up €17,242 (+124%), from €13,923 to €31,165
- Gross operating margin +€6,537
up €6,537 (+1.3%), from €496,541 to €503,078
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 | €1,036,801 | €1,051,447 | +€14,646 | +1.4% |
| Fixed assets | 21/28 | €419,264 | €381,139 | -€38,125 | -9.1% |
| Intangible fixed assets | 21 | €6,956 | €4,807 | -€2,149 | -30.9% |
| Tangible fixed assets | 22/27 | €397,983 | €362,007 | -€35,977 | -9.0% |
| Furniture and vehicles | 24 | €174,064 | €158,370 | -€15,694 | -9.0% |
| Other tangible fixed assets | 26 | €223,920 | €203,637 | -€20,283 | -9.1% |
| Financial fixed assets | 28 | €14,325 | €14,325 | = | 0.0% |
| Current assets | 29/58 | €617,536 | €670,308 | +€52,771 | +8.5% |
| Amounts receivable within one year | 40/41 | €395,144 | €475,437 | +€80,293 | +20.3% |
| Trade receivables | 40 | €381,827 | €460,055 | +€78,229 | +20.5% |
| Other amounts receivable | 41 | €13,317 | €15,381 | +€2,064 | +15.5% |
| Cash at bank and in hand | 54/58 | €180,178 | €107,450 | -€72,729 | -40.4% |
| Deferred charges and accrued income | 490/1 | €42,214 | €87,421 | +€45,207 | +107% |
| Total equity and liabilities | 10/49 | €1,036,801 | €1,051,447 | +€14,646 | +1.4% |
| Equity | 10/15 | €207,758 | €268,571 | +€60,814 | +29.3% |
| Contributions | 10/11 | €23,640 | €23,640 | = | 0.0% |
| Contributions outside capital | 11 | €23,640 | €23,640 | = | 0.0% |
| Other | 1109/19 | €23,640 | €23,640 | = | 0.0% |
| Reserves | 13 | €184,118 | €244,931 | +€60,814 | +33.0% |
| Distributable reserves | 133 | €184,118 | €244,931 | +€60,814 | +33.0% |
| Amounts payable | 17/49 | €829,043 | €782,876 | -€46,168 | -5.6% |
| Amounts payable after more than one year | 17 | €291,793 | €221,440 | -€70,353 | -24.1% |
| Financial debts | 170/4 | €291,793 | €221,440 | -€70,353 | -24.1% |
| Amounts payable within one year | 42/48 | €537,250 | €561,435 | +€24,185 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €101,793 | €104,004 | +€2,211 | +2.2% |
| Trade debts | 44 | €66,001 | €113,590 | +€47,589 | +72.1% |
| Suppliers | 440/4 | €66,001 | €113,590 | +€47,589 | +72.1% |
| Taxes, remuneration and social security | 45 | €45,923 | €43,372 | -€2,551 | -5.6% |
| Taxes | 450/3 | €43,707 | €40,572 | -€3,135 | -7.2% |
| Remuneration and social security | 454/9 | €2,216 | €2,800 | +€584 | +26.4% |
| Other amounts payable | 47/48 | €323,535 | €300,470 | -€23,065 | -7.1% |
| Remuneration, social security and pensions | 62 | €13,923 | €31,165 | +€17,242 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,028 | €55,394 | +€24,367 | +78.5% |
| Other operating charges | 640/8 | €120 | €188 | +€68 | +56.7% |
| Gross operating margin | 9900 | €496,541 | €503,078 | +€6,537 | +1.3% |
| Operating profit (loss) | 9901 | €451,470 | €416,331 | -€35,140 | -7.8% |
| Financial income | 75/76B | €31 | €180 | +€150 | +487% |
| Recurring financial income | 75 | €31 | €180 | +€150 | +487% |
| Financial charges | 65/66B | €10,242 | €14,824 | +€4,582 | +44.7% |
| Recurring financial charges | 65 | €10,242 | €14,824 | +€4,582 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €441,259 | €401,687 | -€39,572 | -9.0% |
| Income taxes | 67/77 | €99,891 | €97,619 | -€2,272 | -2.3% |
| Profit (loss) for the period | 9904 | €341,368 | €304,068 | -€37,300 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €341,368 | €304,068 | -€37,300 | -10.9% |
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 27 October 2026 via checked.be.