SILLUETA: 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.
SILLUETA
Largest movements
- Tangible fixed assets -€32,662
down €32,662 (-24.7%), from €132,174 to €99,512
of which Plant, machinery and equipment: -€20,177
- Receivables within one year +€3,790
up €3,790 (+61.2%), from €6,192 to €9,982
of which Other amounts receivable: +€2,540
- Stocks and contracts -€3,383
down €3,383 (-22.6%), from €15,000 to €11,617
- Debts after one year -€17,758
down €17,758 (-30.8%), from €57,612 to €39,855
- Other debts -€11,457
down €11,457 (-16.7%), from €68,758 to €57,301
- Trade debts -€7,049
down €7,049 (-64.8%), from €10,884 to €3,835
- Reserves +€6,532
up €6,532 (+13.4%), from €48,833 to €55,365
- Tax, wage and social debts -€3,939
down €3,939 (-54.2%), from €7,273 to €3,334
- Gross operating margin +€7,892
up €7,892 (+18.2%), from €43,386 to €51,278
- Taxes +€2,230
up €2,230 (+95.9%), from €2,326 to €4,556
- Depreciation +€567
up €567 (+1.7%), from €33,241 to €33,808
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 | €213,699 | €182,973 | -€30,726 | -14.4% |
| Formation expenses | 20 | €714 | €611 | -€103 | -14.5% |
| Fixed assets | 21/28 | €132,174 | €101,077 | -€31,096 | -23.5% |
| Intangible fixed assets | 21 | - | €1,566 | +€1,566 | |
| Tangible fixed assets | 22/27 | €132,174 | €99,512 | -€32,662 | -24.7% |
| Plant, machinery and equipment | 23 | €44,943 | €24,766 | -€20,177 | -44.9% |
| Furniture and vehicles | 24 | €5,710 | €3,434 | -€2,276 | -39.9% |
| Other tangible fixed assets | 26 | €81,520 | €71,312 | -€10,208 | -12.5% |
| Current assets | 29/58 | €80,811 | €81,284 | +€473 | +0.6% |
| Stocks and contracts in progress | 3 | €15,000 | €11,617 | -€3,383 | -22.6% |
| Stocks | 30/36 | €15,000 | €11,617 | -€3,383 | -22.6% |
| Amounts receivable within one year | 40/41 | €6,192 | €9,982 | +€3,790 | +61.2% |
| Trade receivables | 40 | €613 | €1,863 | +€1,250 | +204% |
| Other amounts receivable | 41 | €5,579 | €8,118 | +€2,540 | +45.5% |
| Cash at bank and in hand | 54/58 | €59,546 | €59,686 | +€139 | +0.2% |
| Deferred charges and accrued income | 490/1 | €73 | - | -€73 | |
| Total equity and liabilities | 10/49 | €213,699 | €182,973 | -€30,726 | -14.4% |
| Equity | 10/15 | €48,833 | €58,365 | +€9,532 | +19.5% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Reserves | 13 | €48,833 | €55,365 | +€6,532 | +13.4% |
| Distributable reserves | 133 | €48,833 | €55,365 | +€6,532 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €164,867 | €124,608 | -€40,258 | -24.4% |
| Amounts payable after more than one year | 17 | €57,612 | €39,855 | -€17,758 | -30.8% |
| Financial debts | 170/4 | €57,612 | €39,855 | -€17,758 | -30.8% |
| Amounts payable within one year | 42/48 | €107,254 | €84,754 | -€22,500 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €20,340 | €20,284 | -€56 | -0.3% |
| Trade debts | 44 | €10,884 | €3,835 | -€7,049 | -64.8% |
| Suppliers | 440/4 | €10,884 | €3,835 | -€7,049 | -64.8% |
| Taxes, remuneration and social security | 45 | €7,273 | €3,334 | -€3,939 | -54.2% |
| Taxes | 450/3 | €7,273 | €3,334 | -€3,939 | -54.2% |
| Other amounts payable | 47/48 | €68,758 | €57,301 | -€11,457 | -16.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €931 | - | -€931 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,241 | €33,808 | +€567 | +1.7% |
| Other operating charges | 640/8 | €736 | €550 | -€187 | -25.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €43,386 | €51,278 | +€7,892 | +18.2% |
| Operating profit (loss) | 9901 | €9,409 | €16,921 | +€7,512 | +79.8% |
| Financial income | 75/76B | €17 | €0 | -€17 | -99.2% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -99.2% |
| Financial charges | 65/66B | €2,914 | €2,833 | -€81 | -2.8% |
| Recurring financial charges | 65 | €2,914 | €2,833 | -€81 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €6,512 | €14,088 | +€7,576 | +116% |
| Income taxes | 67/77 | €2,326 | €4,556 | +€2,230 | +95.9% |
| Profit (loss) for the period | 9904 | €4,186 | €9,532 | +€5,346 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €4,186 | €9,532 | +€5,346 | +128% |
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 22 October 2026 via checked.be.