SILISTAR: what changed
Two fiscal 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.
SILISTAR
Largest movements
- Receivables within one year +€12,968
up €12,968 (+82.0%), from €15,809 to €28,777
of which Other amounts receivable: +€9,479
- Tangible fixed assets -€2,369
down €2,369 (-51.9%), from €4,565 to €2,196
- Profit (loss) carried forward +€28,239
up €28,239 (+68.5%), from -€41,213 to -€12,974
- Short-term financial debts -€7,799
down €7,799 (-58.1%), from €13,432 to €5,633
- Tax, wage and social debts -€7,641
down €7,641 (-33.5%), from €22,808 to €15,167
of which Taxes: -€5,193
- Accrued charges and deferred income -€2,112
no longer reported in 2025 (was €2,112)
- Staff costs -€35,189
down €35,189 (-92.7%), from €37,951 to €2,762
- Gross operating margin -€14,095
down €14,095 (-23.8%), from €59,122 to €45,027
- Other operating charges -€8,079
down €8,079 (-74.9%), from €10,787 to €2,708
- Taxes +€5,838
new in 2025: €5,838
- Depreciation +€2,196
up €2,196 (+1273.5%), from €172 to €2,369
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 | €20,382 | €31,002 | +€10,620 | +52.1% |
| Fixed assets | 21/28 | €4,565 | €2,196 | -€2,369 | -51.9% |
| Tangible fixed assets | 22/27 | €4,565 | €2,196 | -€2,369 | -51.9% |
| Furniture and vehicles | 24 | €4,565 | €2,196 | -€2,369 | -51.9% |
| Current assets | 29/58 | €15,817 | €28,805 | +€12,989 | +82.1% |
| Amounts receivable within one year | 40/41 | €15,809 | €28,777 | +€12,968 | +82.0% |
| Trade receivables | 40 | €7,438 | €10,927 | +€3,489 | +46.9% |
| Other amounts receivable | 41 | €8,371 | €17,849 | +€9,479 | +113.2% |
| Cash at bank and in hand | 54/58 | €8 | €29 | +€21 | +262.4% |
| Total equity and liabilities | 10/49 | €20,382 | €31,002 | +€10,620 | +52.1% |
| Equity | 10/15 | -€22,613 | €5,626 | +€28,239 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,213 | -€12,974 | +€28,239 | +68.5% |
| Amounts payable | 17/49 | €42,995 | €25,376 | -€17,619 | -41.0% |
| Amounts payable within one year | 42/48 | €40,882 | €25,376 | -€15,507 | -37.9% |
| Financial debts | 43 | €13,432 | €5,633 | -€7,799 | -58.1% |
| Credit institutions | 430/8 | €13,432 | €5,633 | -€7,799 | -58.1% |
| Trade debts | 44 | €4,642 | €4,576 | -€66 | -1.4% |
| Suppliers | 440/4 | €4,642 | €4,576 | -€66 | -1.4% |
| Taxes, remuneration and social security | 45 | €22,808 | €15,167 | -€7,641 | -33.5% |
| Taxes | 450/3 | €20,359 | €15,167 | -€5,193 | -25.5% |
| Remuneration and social security | 454/9 | €2,449 | - | -€2,449 | |
| Accrued charges and deferred income | 492/3 | €2,112 | - | -€2,112 | |
| Remuneration, social security and pensions | 62 | €37,951 | €2,762 | -€35,189 | -92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172 | €2,369 | +€2,196 | +1273.5% |
| Other operating charges | 640/8 | €10,787 | €2,708 | -€8,079 | -74.9% |
| Gross operating margin | 9900 | €59,122 | €45,027 | -€14,095 | -23.8% |
| Operating profit (loss) | 9901 | €10,212 | €37,188 | +€26,976 | +264.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,923 | €3,112 | -€811 | -20.7% |
| Recurring financial charges | 65 | €3,923 | €3,112 | -€811 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €6,288 | €34,076 | +€27,788 | +441.9% |
| Income taxes | 67/77 | - | €5,838 | +€5,838 | |
| Profit (loss) for the period | 9904 | €6,288 | €28,239 | +€21,951 | +349.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,288 | €28,239 | +€21,951 | +349.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.