SILVER DAWN: 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.
SILVER DAWN
Largest movements
- Receivables within one year +€32,449
up €32,449 (+110.8%), from €29,291 to €61,740
of which Other amounts receivable: +€45,718
- Deferred charges and accrued income +€1,121
up €1,121 (+132.6%), from €845 to €1,966
- Profit (loss) carried forward +€38,394
up €38,394 (+230.7%), from €16,640 to €55,034
- Tax, wage and social debts -€4,780
down €4,780 (-21.1%), from €22,695 to €17,916
- Gross operating margin -€3,615
down €3,615 (-5.6%), from €64,290 to €60,675
- Financial income +€1,122
new in 2025: €1,122
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 | €45,955 | €80,209 | +€34,254 | +74.5% |
| Current assets | 29/58 | €45,955 | €80,209 | +€34,254 | +74.5% |
| Amounts receivable within one year | 40/41 | €29,291 | €61,740 | +€32,449 | +110.8% |
| Trade receivables | 40 | €29,291 | €16,022 | -€13,270 | -45.3% |
| Other amounts receivable | 41 | - | €45,718 | +€45,718 | |
| Cash at bank and in hand | 54/58 | €15,818 | €16,503 | +€685 | +4.3% |
| Deferred charges and accrued income | 490/1 | €845 | €1,966 | +€1,121 | +132.6% |
| Total equity and liabilities | 10/49 | €45,955 | €80,209 | +€34,254 | +74.5% |
| Equity | 10/15 | €19,140 | €57,534 | +€38,394 | +200.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,640 | €55,034 | +€38,394 | +230.7% |
| Amounts payable | 17/49 | €26,815 | €22,675 | -€4,140 | -15.4% |
| Amounts payable within one year | 42/48 | €26,815 | €22,675 | -€4,140 | -15.4% |
| Trade debts | 44 | €4,109 | €4,760 | +€651 | +15.8% |
| Suppliers | 440/4 | €4,109 | €4,760 | +€651 | +15.8% |
| Taxes, remuneration and social security | 45 | €22,695 | €17,916 | -€4,780 | -21.1% |
| Taxes | 450/3 | €22,695 | €17,916 | -€4,780 | -21.1% |
| Other amounts payable | 47/48 | €11 | €0 | -€11 | -100.0% |
| Non-recurring operating income | 76A | €30 | €30 | +€0 | +1.2% |
| Other operating charges | 640/8 | €897 | €911 | +€14 | +1.5% |
| Non-recurring operating charges | 66A | - | €118 | +€118 | |
| Gross operating margin | 9900 | €64,290 | €60,675 | -€3,615 | -5.6% |
| Operating profit (loss) | 9901 | €63,392 | €59,646 | -€3,747 | -5.9% |
| Financial income | 75/76B | - | €1,122 | +€1,122 | |
| Recurring financial income | 75 | - | €1,122 | +€1,122 | |
| Financial charges | 65/66B | €41 | €45 | +€4 | +9.1% |
| Recurring financial charges | 65 | €41 | €45 | +€4 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €63,351 | €60,723 | -€2,628 | -4.1% |
| Income taxes | 67/77 | €13,612 | €13,329 | -€283 | -2.1% |
| Profit (loss) for the period | 9904 | €49,740 | €47,394 | -€2,345 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,740 | €47,394 | -€2,345 | -4.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.