SILO SERVICE: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
SILO SERVICE
Largest movements
- Receivables within one year +€199,494
up €199,494 (+120%), from €166,860 to €366,354
of which Other amounts receivable: +€101,536
- Tangible fixed assets +€80,850
up €80,850 (+111%), from €72,966 to €153,816
of which Leasing and similar rights: +€80,311
- Intangible fixed assets +€48,976
up €48,976 (+576%), from €8,503 to €57,478
- Cash -€11,694
down €11,694 (-86.1%), from €13,580 to €1,886
mainly Receivables within one year (-€199,494) and Investment in fixed assets (net) (-€185,417)
- Trade debts +€168,950
up €168,950 (+225%), from €74,929 to €243,880
- Debts after one year +€78,117
up €78,117 (+323%), from €24,156 to €102,273
- Tax, wage and social debts +€43,122
up €43,122, from €0 to €43,122
of which Remuneration and social security: +€33,526
- Reserves +€24,090
up €24,090 (+33.7%), from €71,535 to €95,625
- Current portion of long-term debt +€11,459
up €11,459 (+57.2%), from €20,040 to €31,499
- Gross operating margin +€113,307
up €113,307 (+169%), from €66,890 to €180,196
- Staff costs +€84,316
new in 2025: €84,316
- Depreciation +€25,402
up €25,402 (+84.1%), from €30,189 to €55,591
- Write-downs -€19,108
down €19,108, from €17,627 to -€1,482
- Taxes +€3,386
up €3,386 (+61.0%), from €5,553 to €8,939
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,936 | €580,656 | +€317,719 | +121% |
| Fixed assets | 21/28 | €81,468 | €211,294 | +€129,826 | +159% |
| Intangible fixed assets | 21 | €8,503 | €57,478 | +€48,976 | +576% |
| Tangible fixed assets | 22/27 | €72,966 | €153,816 | +€80,850 | +111% |
| Plant, machinery and equipment | 23 | €38,958 | €41,719 | +€2,761 | +7.1% |
| Furniture and vehicles | 24 | €8,424 | €6,202 | -€2,222 | -26.4% |
| Leasing and similar rights | 25 | €25,584 | €105,895 | +€80,311 | +314% |
| Current assets | 29/58 | €181,468 | €369,361 | +€187,894 | +104% |
| Amounts receivable within one year | 40/41 | €166,860 | €366,354 | +€199,494 | +120% |
| Trade receivables | 40 | €108,065 | €206,023 | +€97,958 | +90.6% |
| Other amounts receivable | 41 | €58,795 | €160,331 | +€101,536 | +173% |
| Cash at bank and in hand | 54/58 | €13,580 | €1,886 | -€11,694 | -86.1% |
| Deferred charges and accrued income | 490/1 | €1,027 | €1,121 | +€94 | +9.2% |
| Total equity and liabilities | 10/49 | €262,936 | €580,656 | +€317,719 | +121% |
| Equity | 10/15 | €90,135 | €114,225 | +€24,090 | +26.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,535 | €95,625 | +€24,090 | +33.7% |
| Distributable reserves | 133 | €71,535 | €95,625 | +€24,090 | +33.7% |
| Amounts payable | 17/49 | €172,801 | €466,431 | +€293,630 | +170% |
| Amounts payable after more than one year | 17 | €24,156 | €102,273 | +€78,117 | +323% |
| Financial debts | 170/4 | €24,156 | €102,273 | +€78,117 | +323% |
| Amounts payable within one year | 42/48 | €138,232 | €353,501 | +€215,268 | +156% |
| Current portion of amounts payable after more than one year | 42 | €20,040 | €31,499 | +€11,459 | +57.2% |
| Financial debts | 43 | €43,262 | €35,000 | -€8,262 | -19.1% |
| Credit institutions | 430/8 | €43,262 | €35,000 | -€8,262 | -19.1% |
| Trade debts | 44 | €74,929 | €243,880 | +€168,950 | +225% |
| Suppliers | 440/4 | €74,929 | €243,880 | +€168,950 | +225% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €43,122 | +€43,122 | |
| Taxes | 450/3 | €0 | €9,596 | +€9,596 | |
| Remuneration and social security | 454/9 | - | €33,526 | +€33,526 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €10,413 | €10,657 | +€244 | +2.3% |
| Remuneration, social security and pensions | 62 | - | €84,316 | +€84,316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,189 | €55,591 | +€25,402 | +84.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,627 | -€1,482 | -€19,108 | |
| Other operating charges | 640/8 | €1,666 | €3,227 | +€1,561 | +93.7% |
| Gross operating margin | 9900 | €66,890 | €180,196 | +€113,307 | +169% |
| Operating profit (loss) | 9901 | €17,408 | €38,544 | +€21,136 | +121% |
| Financial income | 75/76B | €3,540 | €671 | -€2,869 | -81.0% |
| Recurring financial income | 75 | €3,540 | €671 | -€2,869 | -81.0% |
| Financial charges | 65/66B | €5,513 | €6,186 | +€673 | +12.2% |
| Recurring financial charges | 65 | €5,513 | €6,186 | +€673 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €15,435 | €33,029 | +€17,594 | +114% |
| Income taxes | 67/77 | €5,553 | €8,939 | +€3,386 | +61.0% |
| Profit (loss) for the period | 9904 | €9,882 | €24,090 | +€14,208 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €9,882 | €24,090 | +€14,208 | +144% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.