Siljo: 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.
Siljo
Largest movements
- Cash +€46,031
up €46,031 (+327%), from €14,079 to €60,111
mainly Net result for the year (+€68,342) and Debts after one year (+€32,859)
- Receivables within one year +€28,059
up €28,059 (+374%), from €7,506 to €35,565
of which Trade receivables: +€29,514
- Reserves +€68,342
up €68,342 (+52.6%), from €130,009 to €198,352
- Trade debts -€52,082
down €52,082 (-98.2%), from €53,051 to €969
- Debts after one year +€32,859
new in 2025: €32,859
- Tax, wage and social debts +€18,819
up €18,819 (+174%), from €10,816 to €29,635
of which Taxes: +€16,344
- Current portion of long-term debt +€5,709
up €5,709 (+150%), from €3,802 to €9,511
- Gross operating margin +€35,619
up €35,619 (+55.0%), from €64,784 to €100,403
- Depreciation -€18,857
down €18,857 (-89.4%), from €21,104 to €2,247
- Taxes +€14,431
up €14,431 (+125%), from €11,535 to €25,965
- Financial charges +€1,632
up €1,632 (+163%), from €999 to €2,631
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 | €209,512 | €281,328 | +€71,817 | +34.3% |
| Fixed assets | 21/28 | €127,503 | €125,256 | -€2,247 | -1.8% |
| Tangible fixed assets | 22/27 | €127,503 | €125,256 | -€2,247 | -1.8% |
| Land and buildings | 22 | €115,000 | €115,000 | = | 0.0% |
| Furniture and vehicles | 24 | €4,836 | €3,723 | -€1,112 | -23.0% |
| Other tangible fixed assets | 26 | €7,668 | €6,533 | -€1,135 | -14.8% |
| Current assets | 29/58 | €82,008 | €156,072 | +€74,064 | +90.3% |
| Stocks and contracts in progress | 3 | €58,000 | €58,000 | = | 0.0% |
| Stocks | 30/36 | €58,000 | €58,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,506 | €35,565 | +€28,059 | +374% |
| Trade receivables | 40 | €6,050 | €35,564 | +€29,514 | +488% |
| Other amounts receivable | 41 | €1,456 | €2 | -€1,454 | -99.9% |
| Cash at bank and in hand | 54/58 | €14,079 | €60,111 | +€46,031 | +327% |
| Deferred charges and accrued income | 490/1 | €2,423 | €2,396 | -€27 | -1.1% |
| Total equity and liabilities | 10/49 | €209,512 | €281,328 | +€71,817 | +34.3% |
| Equity | 10/15 | €136,209 | €204,552 | +€68,342 | +50.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €130,009 | €198,352 | +€68,342 | +52.6% |
| Distributable reserves | 133 | €130,009 | €198,352 | +€68,342 | +52.6% |
| Amounts payable | 17/49 | €73,302 | €76,777 | +€3,474 | +4.7% |
| Amounts payable after more than one year | 17 | - | €32,859 | +€32,859 | |
| Financial debts | 170/4 | - | €32,859 | +€32,859 | |
| Amounts payable within one year | 42/48 | €73,004 | €43,336 | -€29,668 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €3,802 | €9,511 | +€5,709 | +150% |
| Trade debts | 44 | €53,051 | €969 | -€52,082 | -98.2% |
| Suppliers | 440/4 | €53,051 | €969 | -€52,082 | -98.2% |
| Taxes, remuneration and social security | 45 | €10,816 | €29,635 | +€18,819 | +174% |
| Taxes | 450/3 | €10,816 | €27,160 | +€16,344 | +151% |
| Remuneration and social security | 454/9 | - | €2,475 | +€2,475 | |
| Other amounts payable | 47/48 | €5,336 | €3,222 | -€2,114 | -39.6% |
| Accrued charges and deferred income | 492/3 | €298 | €581 | +€283 | +94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,104 | €2,247 | -€18,857 | -89.4% |
| Other operating charges | 640/8 | €1,257 | €1,217 | -€40 | -3.2% |
| Gross operating margin | 9900 | €64,784 | €100,403 | +€35,619 | +55.0% |
| Operating profit (loss) | 9901 | €42,423 | €96,939 | +€54,517 | +129% |
| Financial charges | 65/66B | €999 | €2,631 | +€1,632 | +163% |
| Recurring financial charges | 65 | €999 | €2,631 | +€1,632 | +163% |
| Profit (loss) for the period before taxes | 9903 | €41,423 | €94,308 | +€52,884 | +128% |
| Income taxes | 67/77 | €11,535 | €25,965 | +€14,431 | +125% |
| Profit (loss) for the period | 9904 | €29,889 | €68,342 | +€38,454 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €29,889 | €68,342 | +€38,454 | +129% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.