Silov: 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.
Silov
Largest movements
- Deferred charges and accrued income +€5,995
up €5,995 (+2,109%), from €284 to €6,279
- Cash -€5,371
down €5,371 (-66.5%), from €8,081 to €2,710
mainly Deferred charges and accrued income (-€5,995) and Tax, wage and social debts (-€2,674)
- Receivables within one year -€345
down €345 (-97.7%), from €354 to €8
of which Trade receivables: -€324
- Tangible fixed assets -€311
down €311 (-15.0%), from €2,069 to €1,757
of which Furniture and vehicles: -€1,296
- Reserves +€4,296
new in 2025: €4,296
- Tax, wage and social debts -€2,674
down €2,674 (-35.3%), from €7,573 to €4,900
- Profit (loss) carried forward -€1,594
down €1,594 (-100%), from €1,594 to €0
- Trade debts -€111
down €111 (-46.9%), from €236 to €125
- Gross operating margin -€5,362
down €5,362 (-47.8%), from €11,210 to €5,848
- Taxes -€2,254
down €2,254 (-70.9%), from €3,181 to €927
- Financial charges +€905
up €905 (+254%), from €356 to €1,261
- Other operating charges -€661
down €661 (-53.4%), from €1,238 to €577
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 | €10,787 | €10,754 | -€33 | -0.3% |
| Fixed assets | 21/28 | €2,069 | €1,757 | -€311 | -15.0% |
| Tangible fixed assets | 22/27 | €2,069 | €1,757 | -€311 | -15.0% |
| Plant, machinery and equipment | 23 | - | €985 | +€985 | |
| Furniture and vehicles | 24 | €2,069 | €773 | -€1,296 | -62.7% |
| Current assets | 29/58 | €8,719 | €8,997 | +€278 | +3.2% |
| Amounts receivable within one year | 40/41 | €354 | €8 | -€345 | -97.7% |
| Trade receivables | 40 | €332 | €8 | -€324 | -97.5% |
| Other amounts receivable | 41 | €22 | €0 | -€22 | -100% |
| Cash at bank and in hand | 54/58 | €8,081 | €2,710 | -€5,371 | -66.5% |
| Deferred charges and accrued income | 490/1 | €284 | €6,279 | +€5,995 | +2,109% |
| Total equity and liabilities | 10/49 | €10,787 | €10,754 | -€33 | -0.3% |
| Equity | 10/15 | €2,594 | €5,296 | +€2,701 | +104% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €4,296 | +€4,296 | |
| Distributable reserves | 133 | - | €4,296 | +€4,296 | |
| Profit (loss) carried forward | 14 | €1,594 | €0 | -€1,594 | -100% |
| Amounts payable | 17/49 | €8,193 | €5,459 | -€2,735 | -33.4% |
| Amounts payable within one year | 42/48 | €8,193 | €5,409 | -€2,784 | -34.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €236 | €125 | -€111 | -46.9% |
| Suppliers | 440/4 | €236 | €125 | -€111 | -46.9% |
| Taxes, remuneration and social security | 45 | €7,573 | €4,900 | -€2,674 | -35.3% |
| Taxes | 450/3 | €7,573 | €4,900 | -€2,674 | -35.3% |
| Other amounts payable | 47/48 | €384 | €384 | +€0 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €50 | +€50 | |
| Non-recurring operating income | 76A | €0 | €4,365 | +€4,365 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €274 | €382 | +€108 | +39.4% |
| Other operating charges | 640/8 | €1,238 | €577 | -€661 | -53.4% |
| Gross operating margin | 9900 | €11,210 | €5,848 | -€5,362 | -47.8% |
| Operating profit (loss) | 9901 | €9,698 | €4,889 | -€4,809 | -49.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €356 | €1,261 | +€905 | +254% |
| Recurring financial charges | 65 | €356 | €1,261 | +€905 | +254% |
| Profit (loss) for the period before taxes | 9903 | €9,343 | €3,628 | -€5,714 | -61.2% |
| Income taxes | 67/77 | €3,181 | €927 | -€2,254 | -70.9% |
| Profit (loss) for the period | 9904 | €6,161 | €2,701 | -€3,460 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,161 | €2,701 | -€3,460 | -56.2% |
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 29 October 2026 via checked.be.