SILLAGE: 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.
SILLAGE
Largest movements
- Current investments +€152,860
new in 2025: €152,860
- Cash -€122,673
down €122,673 (-44.9%), from €273,432 to €150,758
mainly Current investments (-€152,860) and Receivables within one year (-€11,652)
- Receivables within one year +€11,652
up €11,652 (+94.9%), from €12,283 to €23,935
of which Trade receivables: +€8,014
- Profit (loss) carried forward +€47,367
up €47,367 (+97.9%), from €48,391 to €95,758
- Other debts -€10,527
down €10,527 (-7.9%), from €133,924 to €123,397
- Trade debts +€6,369
up €6,369 (+165%), from €3,869 to €10,238
- Financial charges -€43,160
down €43,160 (-99.4%), from €43,402 to €242
- Taxes +€31,144
new in 2025: €31,144
- Gross operating margin -€1,197
down €1,197 (-1.5%), from €79,951 to €78,753
- Other operating charges -€819
no longer reported in 2025 (was €819)
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 | €286,007 | €328,704 | +€42,697 | +14.9% |
| Current assets | 29/58 | €286,007 | €328,704 | +€42,697 | +14.9% |
| Amounts receivable within one year | 40/41 | €12,283 | €23,935 | +€11,652 | +94.9% |
| Trade receivables | 40 | €12,282 | €20,296 | +€8,014 | +65.3% |
| Other amounts receivable | 41 | €1 | €3,639 | +€3,638 | +288,725% |
| Current investments | 50/53 | - | €152,860 | +€152,860 | |
| Cash at bank and in hand | 54/58 | €273,432 | €150,758 | -€122,673 | -44.9% |
| Deferred charges and accrued income | 490/1 | €292 | €1,151 | +€858 | +294% |
| Total equity and liabilities | 10/49 | €286,007 | €328,704 | +€42,697 | +14.9% |
| Equity | 10/15 | €141,451 | €188,818 | +€47,367 | +33.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €86,860 | €86,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,391 | €95,758 | +€47,367 | +97.9% |
| Amounts payable | 17/49 | €144,557 | €139,887 | -€4,670 | -3.2% |
| Amounts payable within one year | 42/48 | €144,557 | €139,887 | -€4,670 | -3.2% |
| Trade debts | 44 | €3,869 | €10,238 | +€6,369 | +165% |
| Suppliers | 440/4 | €3,869 | €10,238 | +€6,369 | +165% |
| Taxes, remuneration and social security | 45 | €6,764 | €6,251 | -€512 | -7.6% |
| Taxes | 450/3 | €6,764 | €6,251 | -€512 | -7.6% |
| Other amounts payable | 47/48 | €133,924 | €123,397 | -€10,527 | -7.9% |
| Other operating charges | 640/8 | €819 | - | -€819 | |
| Gross operating margin | 9900 | €79,951 | €78,753 | -€1,197 | -1.5% |
| Operating profit (loss) | 9901 | €79,131 | €78,753 | -€378 | -0.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €43,402 | €242 | -€43,160 | -99.4% |
| Recurring financial charges | 65 | €43,402 | €242 | -€43,160 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | €35,730 | €78,511 | +€42,781 | +120% |
| Income taxes | 67/77 | - | €31,144 | +€31,144 | |
| Profit (loss) for the period | 9904 | €35,730 | €47,367 | +€11,637 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,730 | €47,367 | +€11,637 | +32.6% |
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.