SILVER QUEST: 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.
SILVER QUEST
Largest movements
- Current investments -€24,612
down €24,612 (-29.1%), from €84,642 to €60,031
- Receivables within one year +€9,005
up €9,005 (+63.9%), from €14,095 to €23,101
of which Trade receivables: +€8,218
- Cash +€3,355
up €3,355 (+194.8%), from €1,722 to €5,078
mainly Current investments (+€24,612) and Net result for the year (+€4,626)
- Other debts -€15,135
down €15,135 (-92.2%), from €16,410 to €1,276
- Reserves +€4,000
up €4,000 (+6.3%), from €63,000 to €67,000
- Turnover -€24,535
down €24,535 (-51.5%), from €47,595 to €23,060
- Gross operating margin -€19,725
down €19,725 (-76.9%), from €25,652 to €5,928
- Purchases and services -€4,810
down €4,810 (-21.9%), from €21,943 to €17,132
- Taxes -€1,294
down €1,294 (-46.5%), from €2,780 to €1,487
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 | €100,857 | €88,898 | -€11,960 | -11.9% |
| Current assets | 29/58 | €100,857 | €88,898 | -€11,960 | -11.9% |
| Amounts receivable within one year | 40/41 | €14,095 | €23,101 | +€9,005 | +63.9% |
| Trade receivables | 40 | €10,890 | €19,108 | +€8,218 | +75.5% |
| Other amounts receivable | 41 | €3,205 | €3,993 | +€788 | +24.6% |
| Current investments | 50/53 | €84,642 | €60,031 | -€24,612 | -29.1% |
| Cash at bank and in hand | 54/58 | €1,722 | €5,078 | +€3,355 | +194.8% |
| Deferred charges and accrued income | 490/1 | €397 | €689 | +€292 | +73.5% |
| Total equity and liabilities | 10/49 | €100,857 | €88,898 | -€11,960 | -11.9% |
| Equity | 10/15 | €83,262 | €87,055 | +€3,793 | +4.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €63,000 | €67,000 | +€4,000 | +6.3% |
| Distributable reserves | 133 | €63,000 | €67,000 | +€4,000 | +6.3% |
| Profit (loss) carried forward | 14 | €262 | €55 | -€207 | -78.9% |
| Amounts payable | 17/49 | €17,595 | €1,843 | -€15,753 | -89.5% |
| Amounts payable within one year | 42/48 | €17,310 | €1,548 | -€15,762 | -91.1% |
| Trade debts | 44 | €899 | €272 | -€627 | -69.8% |
| Suppliers | 440/4 | €899 | €272 | -€627 | -69.8% |
| Other amounts payable | 47/48 | €16,410 | €1,276 | -€15,135 | -92.2% |
| Accrued charges and deferred income | 492/3 | €286 | €295 | +€9 | +3.3% |
| Turnover | 70 | €47,595 | €23,060 | -€24,535 | -51.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,943 | €17,132 | -€4,810 | -21.9% |
| Other operating charges | 640/8 | €773 | €705 | -€68 | -8.8% |
| Gross operating margin | 9900 | €25,652 | €5,928 | -€19,725 | -76.9% |
| Operating profit (loss) | 9901 | €24,879 | €5,223 | -€19,656 | -79.0% |
| Financial income | 75/76B | €884 | €890 | +€6 | +0.7% |
| Recurring financial income | 75 | €884 | €890 | +€6 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €25,763 | €6,113 | -€19,650 | -76.3% |
| Income taxes | 67/77 | €2,780 | €1,487 | -€1,294 | -46.5% |
| Profit (loss) for the period | 9904 | €22,983 | €4,626 | -€18,357 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,983 | €4,626 | -€18,357 | -79.9% |
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 9 October 2026 via checked.be.