SILOWET: 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.
SILOWET
Largest movements
- Receivables within one year -€172,139
down €172,139 (-10.1%), from €1.7m to €1.5m
of which Other amounts receivable: -€151,778
- Cash -€39,799
down €39,799 (-99.4%), from €40,049 to €251
mainly Net result for the year (-€106,598) and Accrued charges and deferred income (-€44,611)
- Profit (loss) carried forward -€106,598
down €106,598 (-5.8%), from €1.8m to €1.7m
- Accrued charges and deferred income -€44,611
down €44,611 (-33.1%), from €134,627 to €90,016
- Other debts -€35,220
down €35,220 (-11.0%), from €320,220 to €285,000
- Gross operating margin +€119,913
up €119,913 (+54.4%), from -€220,607 to -€100,695
- Financial charges -€13,864
down €13,864 (-74.8%), from €18,537 to €4,673
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 | €2,824,760 | €2,613,753 | -€211,008 | -7.5% |
| Fixed assets | 21/28 | €186 | €186 | = | 0.0% |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €2,824,574 | €2,613,567 | -€211,008 | -7.5% |
| Stocks and contracts in progress | 3 | €449,786 | €450,716 | +€930 | +0.2% |
| Stocks | 30/36 | €449,786 | €450,716 | +€930 | +0.2% |
| Amounts receivable within one year | 40/41 | €1,700,796 | €1,528,657 | -€172,139 | -10.1% |
| Trade receivables | 40 | €20,361 | €0 | -€20,361 | -100% |
| Other amounts receivable | 41 | €1,680,435 | €1,528,657 | -€151,778 | -9.0% |
| Cash at bank and in hand | 54/58 | €40,049 | €251 | -€39,799 | -99.4% |
| Deferred charges and accrued income | 490/1 | €633,943 | €633,943 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,824,760 | €2,613,753 | -€211,008 | -7.5% |
| Equity | 10/15 | €1,894,323 | €1,787,725 | -€106,598 | -5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,826,123 | €1,719,525 | -€106,598 | -5.8% |
| Amounts payable | 17/49 | €930,437 | €826,027 | -€104,409 | -11.2% |
| Amounts payable after more than one year | 17 | €417,500 | €417,500 | = | 0.0% |
| Financial debts | 170/4 | €417,500 | €417,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €378,310 | €318,511 | -€59,799 | -15.8% |
| Trade debts | 44 | €49,864 | €29,296 | -€20,568 | -41.2% |
| Suppliers | 440/4 | €49,864 | €29,296 | -€20,568 | -41.2% |
| Advances received on contracts in progress | 46 | €4,215 | €4,215 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,011 | €0 | -€4,011 | -100% |
| Taxes | 450/3 | €4,011 | €0 | -€4,011 | -100% |
| Other amounts payable | 47/48 | €320,220 | €285,000 | -€35,220 | -11.0% |
| Accrued charges and deferred income | 492/3 | €134,627 | €90,016 | -€44,611 | -33.1% |
| Other operating charges | 640/8 | €1,570 | €1,230 | -€340 | -21.6% |
| Gross operating margin | 9900 | -€220,607 | -€100,695 | +€119,913 | +54.4% |
| Operating profit (loss) | 9901 | -€222,177 | -€101,925 | +€120,252 | +54.1% |
| Financial charges | 65/66B | €18,537 | €4,673 | -€13,864 | -74.8% |
| Recurring financial charges | 65 | €18,537 | €4,673 | -€13,864 | -74.8% |
| Profit (loss) for the period before taxes | 9903 | -€240,715 | -€106,598 | +€134,117 | +55.7% |
| Profit (loss) for the period | 9904 | -€240,715 | -€106,598 | +€134,117 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€240,715 | -€106,598 | +€134,117 | +55.7% |
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 18 October 2026 via checked.be.