Silsburg Development: 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.
Silsburg Development
Largest movements
- Stocks and contracts +€445,287
up €445,287 (+55.6%), from €801,536 to €1.2m
- Receivables within one year -€228,418
down €228,418 (-84.2%), from €271,248 to €42,830
- Cash -€61,255
down €61,255 (-64.0%), from €95,675 to €34,420
mainly Stocks and contracts (-€445,287) and Short-term financial debts (-€292,698)
- Contributions +€350,000
up €350,000 (+53.8%), from €650,000 to €1.0m
- Short-term financial debts -€292,698
down €292,698 (-59.1%), from €495,000 to €202,302
- Debts after one year +€117,000
new in 2025: €117,000
- Profit (loss) carried forward -€18,422
down €18,422 (-201%), from -€9,168 to -€27,589
- Gross operating margin -€9,106
down €9,106 (-133%), from -€6,822 to -€15,927
- Other operating charges +€272
up €272 (+35.2%), from €772 to €1,044
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 | €1,168,460 | €1,324,073 | +€155,613 | +13.3% |
| Current assets | 29/58 | €1,168,460 | €1,324,073 | +€155,613 | +13.3% |
| Stocks and contracts in progress | 3 | €801,536 | €1,246,823 | +€445,287 | +55.6% |
| Contracts in progress | 37 | €801,536 | €1,246,823 | +€445,287 | +55.6% |
| Amounts receivable within one year | 40/41 | €271,248 | €42,830 | -€228,418 | -84.2% |
| Other amounts receivable | 41 | €271,248 | €42,830 | -€228,418 | -84.2% |
| Cash at bank and in hand | 54/58 | €95,675 | €34,420 | -€61,255 | -64.0% |
| Total equity and liabilities | 10/49 | €1,168,460 | €1,324,073 | +€155,613 | +13.3% |
| Equity | 10/15 | €640,832 | €972,411 | +€331,578 | +51.7% |
| Contributions | 10/11 | €650,000 | €1,000,000 | +€350,000 | +53.8% |
| Capital | 10 | €650,000 | €1,000,000 | +€350,000 | +53.8% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Uncalled capital | 101 | €350,000 | - | -€350,000 | |
| Profit (loss) carried forward | 14 | -€9,168 | -€27,589 | -€18,422 | -201% |
| Amounts payable | 17/49 | €527,627 | €351,662 | -€175,965 | -33.4% |
| Amounts payable after more than one year | 17 | - | €117,000 | +€117,000 | |
| Financial debts | 170/4 | - | €117,000 | +€117,000 | |
| Amounts payable within one year | 42/48 | €525,765 | €234,566 | -€291,199 | -55.4% |
| Financial debts | 43 | €495,000 | €202,302 | -€292,698 | -59.1% |
| Credit institutions | 430/8 | €495,000 | €202,302 | -€292,698 | -59.1% |
| Trade debts | 44 | €30,765 | €31,052 | +€286 | +0.9% |
| Suppliers | 440/4 | €30,765 | €31,052 | +€286 | +0.9% |
| Other amounts payable | 47/48 | - | €1,212 | +€1,212 | |
| Accrued charges and deferred income | 492/3 | €1,862 | €96 | -€1,766 | -94.8% |
| Other operating charges | 640/8 | €772 | €1,044 | +€272 | +35.2% |
| Gross operating margin | 9900 | -€6,822 | -€15,927 | -€9,106 | -133% |
| Operating profit (loss) | 9901 | -€7,594 | -€16,971 | -€9,378 | -123% |
| Financial charges | 65/66B | €1,574 | €1,450 | -€124 | -7.9% |
| Recurring financial charges | 65 | €1,574 | €1,450 | -€124 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,168 | -€18,422 | -€9,254 | -101% |
| Profit (loss) for the period | 9904 | -€9,168 | -€18,422 | -€9,254 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,168 | -€18,422 | -€9,254 | -101% |
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 13 October 2026 via checked.be.