SILOS: what changed
Two fiscal 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.
SILOS
Largest movements
- Current assets -€203,751
down €203,751 (-51.3%), from €397,006 to €193,256
of which Cash: -€209,460
- Equity -€378,483
down €378,483 (-94.9%), from €398,943 to €20,460
of which Reserves: -€377,500
- Debts +€170,832
up €170,832 (+413.0%), from €41,366 to €212,198
of which Debts within one year: +€180,559
- Gross operating margin -€43,304
down €43,304 (-15.5%), from €279,494 to €236,190
- Taxes -€14,881
down €14,881 (-22.5%), from €66,201 to €51,320
From the 2019 result to the 2020 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €440,308 | €232,658 | -€207,651 | -47.2% |
| Fixed assets | 21/28 | €43,302 | €39,402 | -€3,900 | -9.0% |
| Tangible fixed assets | 22/27 | €43,302 | €39,402 | -€3,900 | -9.0% |
| Current assets | 29/58 | €397,006 | €193,256 | -€203,751 | -51.3% |
| Amounts receivable within one year | 40/41 | €70,626 | €12,452 | -€58,175 | -82.4% |
| Current investments | 50/53 | €45,469 | €64,496 | +€19,027 | +41.8% |
| Cash at bank and in hand | 54/58 | €263,858 | €54,399 | -€209,460 | -79.4% |
| Total equity and liabilities | 10/49 | €440,308 | €232,658 | -€207,651 | -47.2% |
| Equity | 10/15 | €398,943 | €20,460 | -€378,483 | -94.9% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €379,360 | €1,860 | -€377,500 | -99.5% |
| Profit (loss) carried forward | 14 | €983 | €0 | -€983 | -100.0% |
| Amounts payable | 17/49 | €41,366 | €212,198 | +€170,832 | +413.0% |
| Amounts payable after more than one year | 17 | €24,845 | €12,513 | -€12,332 | -49.6% |
| Amounts payable within one year | 42/48 | €16,402 | €196,961 | +€180,559 | +1100.9% |
| Trade debts | 44 | €1,907 | €5,552 | +€3,646 | +191.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,734 | €15,741 | +€2,007 | +14.6% |
| Gross operating margin | 9900 | €279,494 | €236,190 | -€43,304 | -15.5% |
| Operating profit (loss) | 9901 | €245,173 | €218,437 | -€26,735 | -10.9% |
| Recurring financial income | 75 | €379 | €1,467 | +€1,088 | +287.3% |
| Recurring financial charges | 65 | -€393 | €3,420 | +€3,813 | |
| Profit (loss) for the period before taxes | 9903 | €245,944 | €216,484 | -€29,460 | -12.0% |
| Income taxes | 67/77 | €66,201 | €51,320 | -€14,881 | -22.5% |
| Profit (loss) for the period | 9904 | €179,743 | €165,164 | -€14,579 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €179,743 | €165,164 | -€14,579 | -8.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.