Silvapur: 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.
Silvapur
Largest movements
- Tangible fixed assets -€91,142
down €91,142 (-20.1%), from €452,416 to €361,274
of which Land and buildings: -€89,844
- Cash +€75,203
up €75,203 (+212%), from €35,544 to €110,747
mainly Other debts (+€117,287) and Investment in fixed assets (net) (+€66,497)
- Deferred charges and accrued income +€52,374
up €52,374 (+21,137%), from €248 to €52,622
- Receivables within one year -€38,804
down €38,804 (-39.9%), from €97,273 to €58,470
of which Other amounts receivable: -€26,995
- Other debts +€117,287
new in 2025: €117,287
- Short-term financial debts -€96,583
down €96,583 (-40.8%), from €236,583 to €140,000
- Debts after one year -€27,800
down €27,800 (-5.8%), from €479,740 to €451,940
of which Financial debts: -€27,800
- Gross operating margin -€10,434
down €10,434 (-19.3%), from €54,169 to €43,735
- Financial charges -€7,258
down €7,258 (-28.5%), from €25,483 to €18,226
- Financial income -€2,125
down €2,125 (-100.0%), from €2,125 to €1
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 | €823,164 | €820,795 | -€2,368 | -0.3% |
| Fixed assets | 21/28 | €455,616 | €364,474 | -€91,142 | -20.0% |
| Tangible fixed assets | 22/27 | €452,416 | €361,274 | -€91,142 | -20.1% |
| Land and buildings | 22 | €449,049 | €359,204 | -€89,844 | -20.0% |
| Furniture and vehicles | 24 | €3,367 | €2,069 | -€1,298 | -38.5% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €367,548 | €456,322 | +€88,773 | +24.2% |
| Stocks and contracts in progress | 3 | €234,483 | €234,483 | = | 0.0% |
| Stocks | 30/36 | €234,483 | €234,483 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €97,273 | €58,470 | -€38,804 | -39.9% |
| Trade receivables | 40 | €14,834 | €3,025 | -€11,809 | -79.6% |
| Other amounts receivable | 41 | €82,440 | €55,445 | -€26,995 | -32.7% |
| Cash at bank and in hand | 54/58 | €35,544 | €110,747 | +€75,203 | +212% |
| Deferred charges and accrued income | 490/1 | €248 | €52,622 | +€52,374 | +21,137% |
| Total equity and liabilities | 10/49 | €823,164 | €820,795 | -€2,368 | -0.3% |
| Equity | 10/15 | €81,202 | €78,142 | -€3,060 | -3.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €19,229 | €19,229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €13,031 | €13,031 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,060 | -€3,060 | |
| Amounts payable | 17/49 | €741,962 | €742,653 | +€691 | +0.1% |
| Amounts payable after more than one year | 17 | €479,740 | €451,940 | -€27,800 | -5.8% |
| Financial debts | 170/4 | €74,789 | €46,989 | -€27,800 | -37.2% |
| Other amounts payable | 178/9 | €404,951 | €404,951 | = | 0.0% |
| Amounts payable within one year | 42/48 | €262,222 | €290,713 | +€28,491 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €25,639 | €27,800 | +€2,160 | +8.4% |
| Financial debts | 43 | €236,583 | €140,000 | -€96,583 | -40.8% |
| Credit institutions | 430/8 | €236,583 | €140,000 | -€96,583 | -40.8% |
| Trade debts | 44 | - | €5,627 | +€5,627 | |
| Suppliers | 440/4 | - | €5,627 | +€5,627 | |
| Other amounts payable | 47/48 | - | €117,287 | +€117,287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,645 | €24,645 | = | 0.0% |
| Other operating charges | 640/8 | €3,893 | €3,925 | +€31 | +0.8% |
| Gross operating margin | 9900 | €54,169 | €43,735 | -€10,434 | -19.3% |
| Operating profit (loss) | 9901 | €25,630 | €15,165 | -€10,465 | -40.8% |
| Financial income | 75/76B | €2,125 | €1 | -€2,125 | -100.0% |
| Recurring financial income | 75 | €2,125 | €1 | -€2,125 | -100.0% |
| Financial charges | 65/66B | €25,483 | €18,226 | -€7,258 | -28.5% |
| Recurring financial charges | 65 | €25,483 | €18,226 | -€7,258 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €2,272 | -€3,060 | -€5,332 | |
| Profit (loss) for the period | 9904 | €2,272 | -€3,060 | -€5,332 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,272 | -€3,060 | -€5,332 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.