SILIDIS: 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.
SILIDIS
Largest movements
- Tangible fixed assets -€128,036
down €128,036 (-22.3%), from €574,442 to €446,406
of which Land and buildings: -€99,375
- Cash +€48,219
up €48,219 (+62.1%), from €77,657 to €125,877
mainly Depreciation (+€139,534) and Trade debts (+€52,072)
- Deferred charges and accrued income -€33,699
down €33,699 (-82.0%), from €41,085 to €7,386
- Profit (loss) carried forward -€135,568
down €135,568, from €29,500 to -€106,067
- Trade debts +€52,072
up €52,072 (+14.8%), from €351,745 to €403,817
- Current portion of long-term debt -€39,990
down €39,990 (-84.5%), from €47,353 to €7,363
- Other debts +€25,000
up €25,000 (+166.7%), from €15,000 to €40,000
- Staff costs +€12,869
up €12,869 (+8.8%), from €146,209 to €159,078
- Depreciation -€8,852
down €8,852 (-6.0%), from €148,386 to €139,534
- Gross operating margin -€7,893
down €7,893 (-4.1%), from €192,701 to €184,808
- Financial charges -€4,194
down €4,194 (-46.6%), from €8,992 to €4,798
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 | €1,004,652 | €897,872 | -€106,780 | -10.6% |
| Fixed assets | 21/28 | €574,442 | €446,406 | -€128,036 | -22.3% |
| Tangible fixed assets | 22/27 | €574,442 | €446,406 | -€128,036 | -22.3% |
| Land and buildings | 22 | €525,044 | €425,669 | -€99,375 | -18.9% |
| Plant, machinery and equipment | 23 | €49,398 | €20,737 | -€28,661 | -58.0% |
| Current assets | 29/58 | €430,211 | €451,466 | +€21,256 | +4.9% |
| Stocks and contracts in progress | 3 | €280,348 | €285,718 | +€5,370 | +1.9% |
| Stocks | 30/36 | €280,348 | €285,718 | +€5,370 | +1.9% |
| Amounts receivable within one year | 40/41 | €31,120 | €32,485 | +€1,365 | +4.4% |
| Trade receivables | 40 | €10,038 | €18,915 | +€8,878 | +88.4% |
| Other amounts receivable | 41 | €21,082 | €13,570 | -€7,512 | -35.6% |
| Cash at bank and in hand | 54/58 | €77,657 | €125,877 | +€48,219 | +62.1% |
| Deferred charges and accrued income | 490/1 | €41,085 | €7,386 | -€33,699 | -82.0% |
| Total equity and liabilities | 10/49 | €1,004,652 | €897,872 | -€106,780 | -10.6% |
| Equity | 10/15 | €559,990 | €424,423 | -€135,568 | -24.2% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €464,490 | €464,490 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,490 | €14,490 | = | 0.0% |
| Distributable reserves | 133 | €450,000 | €450,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,500 | -€106,067 | -€135,568 | |
| Amounts payable | 17/49 | €444,662 | €473,450 | +€28,787 | +6.5% |
| Amounts payable after more than one year | 17 | €7,363 | - | -€7,363 | |
| Financial debts | 170/4 | €7,363 | - | -€7,363 | |
| Amounts payable within one year | 42/48 | €435,421 | €471,548 | +€36,127 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €47,353 | €7,363 | -€39,990 | -84.5% |
| Trade debts | 44 | €351,745 | €403,817 | +€52,072 | +14.8% |
| Suppliers | 440/4 | €351,745 | €403,817 | +€52,072 | +14.8% |
| Taxes, remuneration and social security | 45 | €21,323 | €20,367 | -€955 | -4.5% |
| Remuneration and social security | 454/9 | €21,323 | €20,367 | -€955 | -4.5% |
| Other amounts payable | 47/48 | €15,000 | €40,000 | +€25,000 | +166.7% |
| Accrued charges and deferred income | 492/3 | €1,878 | €1,902 | +€23 | +1.2% |
| Remuneration, social security and pensions | 62 | €146,209 | €159,078 | +€12,869 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,386 | €139,534 | -€8,852 | -6.0% |
| Other operating charges | 640/8 | €16,222 | €17,437 | +€1,215 | +7.5% |
| Gross operating margin | 9900 | €192,701 | €184,808 | -€7,893 | -4.1% |
| Operating profit (loss) | 9901 | -€118,115 | -€131,240 | -€13,125 | -11.1% |
| Financial income | 75/76B | €879 | €471 | -€408 | -46.5% |
| Recurring financial income | 75 | €879 | €471 | -€408 | -46.5% |
| Financial charges | 65/66B | €8,992 | €4,798 | -€4,194 | -46.6% |
| Recurring financial charges | 65 | €8,992 | €4,798 | -€4,194 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | -€126,228 | -€135,568 | -€9,339 | -7.4% |
| Profit (loss) for the period | 9904 | -€126,228 | -€135,568 | -€9,339 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€126,228 | -€135,568 | -€9,339 | -7.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.