SilverBack Company: 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.
SilverBack Company
Largest movements
- Receivables within one year -€45,423
down €45,423 (-71.6%), from €63,426 to €18,004
of which Trade receivables: -€25,728
- Cash +€10,970
up €10,970 (+593%), from €1,849 to €12,819
mainly Receivables within one year (+€45,423) and Net result for the year (+€16,983)
- Intangible fixed assets -€9,484
down €9,484 (-46.5%), from €20,392 to €10,909
- Deferred charges and accrued income +€2,235
new in 2025: €2,235
- Contributions -€44,000
down €44,000 (-95.7%), from €46,000 to €2,000
- Reserves +€43,268
new in 2025: €43,268
- Profit (loss) carried forward -€26,285
no longer reported in 2025 (was €26,285)
- Tax, wage and social debts -€12,026
down €12,026 (-72.2%), from €16,661 to €4,635
- Trade debts -€1,943
down €1,943 (-33.1%), from €5,880 to €3,936
- Gross operating margin +€40,524
up €40,524 (+202%), from €20,046 to €60,569
- Write-downs +€11,011
new in 2025: €11,011
- Taxes +€4,928
up €4,928 (+106%), from €4,645 to €9,573
- Other operating charges +€4,786
up €4,786 (+477%), from €1,004 to €5,790
- Depreciation +€1,083
up €1,083 (+8.4%), from €12,892 to €13,976
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 | €94,826 | €53,840 | -€40,986 | -43.2% |
| Fixed assets | 21/28 | €29,550 | €20,782 | -€8,768 | -29.7% |
| Intangible fixed assets | 21 | €20,392 | €10,909 | -€9,484 | -46.5% |
| Tangible fixed assets | 22/27 | €9,158 | €9,873 | +€715 | +7.8% |
| Furniture and vehicles | 24 | €9,158 | €9,873 | +€715 | +7.8% |
| Current assets | 29/58 | €65,276 | €33,058 | -€32,218 | -49.4% |
| Amounts receivable within one year | 40/41 | €63,426 | €18,004 | -€45,423 | -71.6% |
| Trade receivables | 40 | €39,228 | €13,500 | -€25,728 | -65.6% |
| Other amounts receivable | 41 | €24,198 | €4,504 | -€19,695 | -81.4% |
| Cash at bank and in hand | 54/58 | €1,849 | €12,819 | +€10,970 | +593% |
| Deferred charges and accrued income | 490/1 | - | €2,235 | +€2,235 | |
| Total equity and liabilities | 10/49 | €94,826 | €53,840 | -€40,986 | -43.2% |
| Equity | 10/15 | €72,285 | €45,268 | -€27,017 | -37.4% |
| Contributions | 10/11 | €46,000 | €2,000 | -€44,000 | -95.7% |
| Contributions outside capital | 11 | €46,000 | €2,000 | -€44,000 | -95.7% |
| Share premium | 1100/10 | €46,000 | €2,000 | -€44,000 | -95.7% |
| Reserves | 13 | - | €43,268 | +€43,268 | |
| Distributable reserves | 133 | - | €43,268 | +€43,268 | |
| Profit (loss) carried forward | 14 | €26,285 | - | -€26,285 | |
| Amounts payable | 17/49 | €22,541 | €8,571 | -€13,969 | -62.0% |
| Amounts payable within one year | 42/48 | €22,541 | €8,571 | -€13,969 | -62.0% |
| Trade debts | 44 | €5,880 | €3,936 | -€1,943 | -33.1% |
| Suppliers | 440/4 | €5,880 | €3,936 | -€1,943 | -33.1% |
| Taxes, remuneration and social security | 45 | €16,661 | €4,635 | -€12,026 | -72.2% |
| Taxes | 450/3 | €16,661 | €4,635 | -€12,026 | -72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,892 | €13,976 | +€1,083 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,011 | +€11,011 | |
| Other operating charges | 640/8 | €1,004 | €5,790 | +€4,786 | +477% |
| Gross operating margin | 9900 | €20,046 | €60,569 | +€40,524 | +202% |
| Operating profit (loss) | 9901 | €6,149 | €29,793 | +€23,644 | +385% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €2,679 | €3,237 | +€557 | +20.8% |
| Recurring financial charges | 65 | €2,679 | €3,237 | +€557 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €3,475 | €26,556 | +€23,081 | +664% |
| Income taxes | 67/77 | €4,645 | €9,573 | +€4,928 | +106% |
| Profit (loss) for the period | 9904 | -€1,170 | €16,983 | +€18,153 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,170 | €16,983 | +€18,153 |
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 17 October 2026 via checked.be.