SILOO: 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.
What changed
SILOO
NACE 46.494, Wholesale of non-electrical household articles
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€178,355
2024 · €602,020-€780,375
Equity
€2.3m
2024 · €2.5m-€178,355
Cash
€71,295
2024 · €453,191-€381,895
Balance sheet total
€11.9m
2024 · €10.7m+€1.2m
Largest movements
Assets
- Stocks and contracts +€643,676
up €643,676 (+16.8%), from €3.8m to €4.5m
- Receivables within one year +€600,368
up €600,368 (+29.4%), from €2.0m to €2.6m
of which Other amounts receivable: +€567,679
- Cash -€381,895
down €381,895 (-84.3%), from €453,191 to €71,295
mainly Stocks and contracts (-€643,676) and Receivables within one year (-€600,368)
- Tangible fixed assets +€288,596
up €288,596 (+8.0%), from €3.6m to €3.9m
of which Plant, machinery and equipment: +€154,552
Equity and liabilities
- Short-term financial debts +€1.5m
up €1.5m (+145.0%), from €1.0m to €2.5m
- Other debts -€591,710
down €591,710 (-95.9%), from €617,242 to €25,532
- Trade debts +€550,468
up €550,468 (+29.6%), from €1.9m to €2.4m
- Reserves -€178,355
down €178,355 (-7.4%), from €2.4m to €2.2m
of which Distributable reserves: -€178,355
- Tax, wage and social debts -€132,917
down €132,917 (-36.6%), from €362,804 to €229,886
of which Taxes: -€132,547
Income statement
- Turnover +€1.1m
up €1.1m (+9.4%), from €11.9m to €13.0m
- Services and other goods +€1.1m
up €1.1m (+54.0%), from €2.0m to €3.1m
- Goods and materials +€544,003
up €544,003 (+7.3%), from €7.4m to €8.0m
of which Purchases: +€888,105
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.
Result 2024
€602,020
Turnover
+€1.1m
Other operating income
+€95,178
Goods and materials
-€544,003
Services and other goods
-€1.1m
Staff costs
-€63,515
Depreciation
-€128,878
Other operating charges
-€99,525
Financial income
-€24,144
Financial charges
-€18,006
Taxes
-€26,524
Result 2025
-€178,355
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.
From operations
-€1.4m
Investment
-€535,760
Financing
+€1.6m
Cash 2024
€453,191
From operations (derived)
-€1.4m
Net result for the year
-€178,355
Depreciation
+€341,709
Stocks and contracts
-€643,676
Receivables within one year
-€600,368
Deferred charges and accrued income
-€105,000
Trade debts
+€550,468
Tax, wage and social debts
-€132,917
Advances received
-€228
Other debts
-€591,710
Accrued charges and deferred income
-€87,063
Investment (derived)
-€535,760
Investment in fixed assets (net)
-€535,760
Financing
+€1.6m
Debts after one year
+€38,431
Current portion of long-term debt
+€112,573
Short-term financial debts
+€1.5m
Cash 2025
€71,295
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,694,404 | €11,855,604 | +€1.2m | +10.9% |
| Fixed assets | 21/28 | €4,321,537 | €4,515,588 | +€194,051 | +4.5% |
| Intangible fixed assets | 21 | €707,822 | €635,822 | -€72,000 | -10.2% |
| Tangible fixed assets | 22/27 | €3,591,170 | €3,879,766 | +€288,596 | +8.0% |
| Land and buildings | 22 | €196,786 | €343,204 | +€146,417 | +74.4% |
| Plant, machinery and equipment | 23 | €126,322 | €280,875 | +€154,552 | +122.3% |
| Furniture and vehicles | 24 | €142,037 | €227,110 | +€85,073 | +59.9% |
| Leasing and similar rights | 25 | €3,126,024 | €3,028,577 | -€97,447 | -3.1% |
| Financial fixed assets | 28 | €22,545 | €0 | -€22,545 | -100.0% |
| Other financial fixed assets | 284/8 | €22,545 | €0 | -€22,545 | -100.0% |
| Amounts receivable and cash guarantees | 285/8 | €22,545 | €0 | -€22,545 | -100.0% |
| Current assets | 29/58 | €6,372,867 | €7,340,016 | +€967,149 | +15.2% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,825,041 | €4,468,717 | +€643,676 | +16.8% |
| Stocks | 30/36 | €3,825,041 | €4,468,717 | +€643,676 | +16.8% |
| Goods purchased for resale | 34 | €3,825,041 | €4,468,717 | +€643,676 | +16.8% |
| Amounts receivable within one year | 40/41 | €2,044,635 | €2,645,003 | +€600,368 | +29.4% |
| Trade receivables | 40 | €1,359,402 | €1,392,091 | +€32,689 | +2.4% |
| Other amounts receivable | 41 | €685,233 | €1,252,913 | +€567,679 | +82.8% |
| Cash at bank and in hand | 54/58 | €453,191 | €71,295 | -€381,895 | -84.3% |
| Deferred charges and accrued income | 490/1 | - | €105,000 | +€105,000 | |
| Total equity and liabilities | 10/49 | €10,694,404 | €11,855,604 | +€1.2m | +10.9% |
| Equity | 10/15 | €2,476,586 | €2,298,232 | -€178,355 | -7.2% |
| Contributions | 10/11 | €68,963 | €68,963 | = | 0.0% |
| Reserves | 13 | €2,407,624 | €2,229,269 | -€178,355 | -7.4% |
| Tax-exempt reserves | 132 | €39,575 | €39,575 | = | 0.0% |
| Distributable reserves | 133 | €2,368,049 | €2,189,694 | -€178,355 | -7.5% |
| Amounts payable | 17/49 | €8,217,818 | €9,557,372 | +€1.3m | +16.3% |
| Amounts payable after more than one year | 17 | €3,904,940 | €3,943,371 | +€38,431 | +1.0% |
| Financial debts | 170/4 | €3,904,940 | €3,943,371 | +€38,431 | +1.0% |
| Leasing and similar obligations | 172 | €2,983,240 | €2,829,701 | -€153,538 | -5.1% |
| Credit institutions | 173 | €921,700 | €1,113,669 | +€191,969 | +20.8% |
| Amounts payable within one year | 42/48 | €4,142,601 | €5,530,788 | +€1.4m | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €303,338 | €415,911 | +€112,573 | +37.1% |
| Financial debts | 43 | €1,000,000 | €2,450,000 | +€1.5m | +145.0% |
| Credit institutions | 430/8 | €1,000,000 | €2,450,000 | +€1.5m | +145.0% |
| Trade debts | 44 | €1,858,965 | €2,409,434 | +€550,468 | +29.6% |
| Suppliers | 440/4 | €1,858,965 | €2,409,434 | +€550,468 | +29.6% |
| Advances received on contracts in progress | 46 | €253 | €25 | -€228 | -90.1% |
| Taxes, remuneration and social security | 45 | €362,804 | €229,886 | -€132,917 | -36.6% |
| Taxes | 450/3 | €217,598 | €85,051 | -€132,547 | -60.9% |
| Remuneration and social security | 454/9 | €145,206 | €144,835 | -€371 | -0.3% |
| Other amounts payable | 47/48 | €617,242 | €25,532 | -€591,710 | -95.9% |
| Accrued charges and deferred income | 492/3 | €170,277 | €83,214 | -€87,063 | -51.1% |
| Operating income | 70/76A | €11,936,764 | €13,153,065 | +€1.2m | +10.2% |
| Turnover | 70 | €11,919,631 | €13,040,754 | +€1.1m | +9.4% |
| Other operating income | 74 | €17,133 | €112,312 | +€95,178 | +555.5% |
| Operating charges | 60/66A | €11,012,918 | €12,940,920 | +€1.9m | +17.5% |
| Goods for resale, raw materials and consumables | 60 | €7,432,312 | €7,976,315 | +€544,003 | +7.3% |
| Purchases | 600/8 | €7,731,886 | €8,619,991 | +€888,105 | +11.5% |
| Change in stocks: decrease (increase) | 609 | -€299,574 | -€643,676 | -€344,102 | -114.9% |
| Services and other goods | 61 | €2,023,143 | €3,115,223 | +€1.1m | +54.0% |
| Remuneration, social security and pensions | 62 | €1,325,473 | €1,388,988 | +€63,515 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212,830 | €341,709 | +€128,878 | +60.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €19,160 | €118,684 | +€99,525 | +519.4% |
| Operating profit (loss) | 9901 | €923,846 | €212,145 | -€711,701 | -77.0% |
| Financial income | 75/76B | €94,598 | €70,455 | -€24,144 | -25.5% |
| Recurring financial income | 75 | €94,598 | €70,455 | -€24,144 | -25.5% |
| Income from current assets | 751 | €27,627 | €13,056 | -€14,572 | -52.7% |
| Other financial income | 752/9 | €66,971 | €57,399 | -€9,572 | -14.3% |
| Financial charges | 65/66B | €442,949 | €460,955 | +€18,006 | +4.1% |
| Recurring financial charges | 65 | €442,949 | €460,955 | +€18,006 | +4.1% |
| Debt charges | 650 | €153,793 | €244,620 | +€90,828 | +59.1% |
| Other financial charges | 652/9 | €289,156 | €216,334 | -€72,821 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €575,496 | -€178,355 | -€753,851 | |
| Income taxes | 67/77 | -€26,524 | €0 | +€26,524 | |
| Taxes | 670/3 | €0 | - | = | |
| Tax adjustments and reversals of tax provisions | 77 | €26,524 | €0 | -€26,524 | -100.0% |
| Profit (loss) for the period | 9904 | €602,020 | -€178,355 | -€780,375 | |
| Profit (loss) for the period to be appropriated | 9905 | €602,020 | -€178,355 | -€780,375 |
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 10 October 2026 via checked.be.