SILVA MENA Ivan Management: 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.
SILVA MENA Ivan Management
Largest movements
- Receivables within one year -€17,386
down €17,386 (-59.3%), from €29,332 to €11,947
of which Other amounts receivable: -€11,964
- Debts after one year -€18,602
down €18,602 (-25.6%), from €72,723 to €54,121
- Profit (loss) carried forward +€11,022
up €11,022 (+34.8%), from €31,653 to €42,675
- Other debts -€8,927
down €8,927 (-9.6%), from €93,257 to €84,330
- Trade debts -€4,562
down €4,562 (-48.1%), from €9,491 to €4,929
- Gross operating margin +€9,194
up €9,194 (+51.5%), from €17,857 to €27,051
- Taxes +€3,530
up €3,530 (+88.2%), from €4,003 to €7,533
- Financial charges -€1,793
down €1,793 (-20.5%), from €8,730 to €6,937
- Other operating charges +€274
up €274 (+21.3%), from €1,286 to €1,560
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
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €257,657 | €239,462 | -€18,195 | -7.1% |
| Fixed assets | 21/28 | €227,515 | €227,515 | = | 0.0% |
| Financial fixed assets | 28 | €227,515 | €227,515 | = | 0.0% |
| Current assets | 29/58 | €30,141 | €11,947 | -€18,195 | -60.4% |
| Amounts receivable within one year | 40/41 | €29,332 | €11,947 | -€17,386 | -59.3% |
| Trade receivables | 40 | €16,335 | €10,913 | -€5,422 | -33.2% |
| Other amounts receivable | 41 | €12,997 | €1,033 | -€11,964 | -92.0% |
| Deferred charges and accrued income | 490/1 | €809 | €0 | -€809 | -100% |
| Total equity and liabilities | 10/49 | €257,657 | €239,462 | -€18,195 | -7.1% |
| Equity | 10/15 | €34,653 | €45,675 | +€11,022 | +31.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,653 | €42,675 | +€11,022 | +34.8% |
| Amounts payable | 17/49 | €223,003 | €193,787 | -€29,217 | -13.1% |
| Amounts payable after more than one year | 17 | €72,723 | €54,121 | -€18,602 | -25.6% |
| Financial debts | 170/4 | €72,723 | €54,121 | -€18,602 | -25.6% |
| Amounts payable within one year | 42/48 | €149,627 | €137,980 | -€11,647 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €19,451 | €18,851 | -€600 | -3.1% |
| Financial debts | 43 | €10,575 | €12,381 | +€1,806 | +17.1% |
| Credit institutions | 430/8 | €10,575 | €12,381 | +€1,806 | +17.1% |
| Trade debts | 44 | €9,491 | €4,929 | -€4,562 | -48.1% |
| Suppliers | 440/4 | €9,491 | €4,929 | -€4,562 | -48.1% |
| Taxes, remuneration and social security | 45 | €16,853 | €17,489 | +€636 | +3.8% |
| Taxes | 450/3 | €15,001 | €17,489 | +€2,488 | +16.6% |
| Remuneration and social security | 454/9 | €1,852 | €0 | -€1,852 | -100% |
| Other amounts payable | 47/48 | €93,257 | €84,330 | -€8,927 | -9.6% |
| Accrued charges and deferred income | 492/3 | €653 | €1,686 | +€1,033 | +158% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144 | €0 | -€144 | -100% |
| Other operating charges | 640/8 | €1,286 | €1,560 | +€274 | +21.3% |
| Gross operating margin | 9900 | €17,857 | €27,051 | +€9,194 | +51.5% |
| Operating profit (loss) | 9901 | €16,427 | €25,492 | +€9,064 | +55.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -75.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -75.0% |
| Financial charges | 65/66B | €8,730 | €6,937 | -€1,793 | -20.5% |
| Recurring financial charges | 65 | €8,730 | €6,937 | -€1,793 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €7,697 | €18,555 | +€10,857 | +141% |
| Income taxes | 67/77 | €4,003 | €7,533 | +€3,530 | +88.2% |
| Profit (loss) for the period | 9904 | €3,695 | €11,022 | +€7,327 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €3,695 | €11,022 | +€7,327 | +198% |
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 27 October 2026 via checked.be.