SILVATRA: what changed
Two fiscal 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.
SILVATRA
Largest movements
- Cash -€5,042
down €5,042 (-66.5%), from €7,579 to €2,537
mainly Other debts (-€30,100) and Receivables within one year (-€1,905)
- Receivables within one year +€1,905
up €1,905 (+10.1%), from €18,865 to €20,770
of which Other amounts receivable: +€1,056
- Tangible fixed assets -€769
down €769 (-21.1%), from €3,648 to €2,879
of which Plant, machinery and equipment: -€549
- Other debts -€30,100
down €30,100 (-99.9%), from €30,132 to €32
- Profit (loss) carried forward +€24,799
up €24,799 (+30.1%), from -€82,308 to -€57,509
- Trade debts +€1,563
up €1,563 (+110.2%), from €1,418 to €2,981
- Gross operating margin +€17,482
up €17,482 (+200.5%), from €8,717 to €26,199
- Depreciation -€484
down €484 (-38.6%), from €1,253 to €769
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.
Cash bridge derived
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 | €31,426 | €27,689 | -€3,738 | -11.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,742 | €2,974 | -€769 | -20.5% |
| Tangible fixed assets | 22/27 | €3,648 | €2,879 | -€769 | -21.1% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €2,246 | €1,697 | -€549 | -24.4% |
| Furniture and vehicles | 24 | €1,401 | €1,182 | -€220 | -15.7% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €94 | €94 | = | 0.0% |
| Current assets | 29/58 | €27,684 | €24,715 | -€2,969 | -10.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €18,865 | €20,770 | +€1,905 | +10.1% |
| Trade receivables | 40 | €16,084 | €16,933 | +€849 | +5.3% |
| Other amounts receivable | 41 | €2,781 | €3,837 | +€1,056 | +38.0% |
| Cash at bank and in hand | 54/58 | €7,579 | €2,537 | -€5,042 | -66.5% |
| Deferred charges and accrued income | 490/1 | €1,240 | €1,408 | +€168 | +13.5% |
| Total equity and liabilities | 10/49 | €31,426 | €27,689 | -€3,738 | -11.9% |
| Equity | 10/15 | -€124 | €24,675 | +€24,799 | |
| Contributions | 10/11 | €80,987 | €80,987 | = | 0.0% |
| Capital | 10 | €80,987 | €80,987 | = | 0.0% |
| Issued capital | 100 | €80,987 | €80,987 | = | 0.0% |
| Reserves | 13 | €1,197 | €1,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,197 | €1,197 | = | 0.0% |
| Legal reserve | 130 | €1,197 | €1,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,308 | -€57,509 | +€24,799 | +30.1% |
| Amounts payable | 17/49 | €31,550 | €3,013 | -€28,537 | -90.4% |
| Amounts payable within one year | 42/48 | €31,550 | €3,013 | -€28,537 | -90.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,418 | €2,981 | +€1,563 | +110.2% |
| Suppliers | 440/4 | €1,418 | €2,981 | +€1,563 | +110.2% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €30,132 | €32 | -€30,100 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,253 | €769 | -€484 | -38.6% |
| Other operating charges | 640/8 | €500 | €595 | +€95 | +19.0% |
| Gross operating margin | 9900 | €8,717 | €26,199 | +€17,482 | +200.5% |
| Operating profit (loss) | 9901 | €6,964 | €24,835 | +€17,871 | +256.6% |
| Financial income | 75/76B | - | €133 | +€133 | |
| Recurring financial income | 75 | - | €133 | +€133 | |
| Financial charges | 65/66B | €199 | €169 | -€30 | -15.1% |
| Recurring financial charges | 65 | €199 | €169 | -€30 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €6,765 | €24,799 | +€18,035 | +266.6% |
| Profit (loss) for the period | 9904 | €6,765 | €24,799 | +€18,035 | +266.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,765 | €24,799 | +€18,035 | +266.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.