SilverLines Advisory: 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.
SilverLines Advisory
Largest movements
- Cash +€26,888
up €26,888 (+39.0%), from €68,951 to €95,838
mainly Net result for the year (+€27,486) and Receivables within one year (+€9,255)
- Receivables within one year -€9,255
down €9,255 (-83.0%), from €11,153 to €1,898
- Tangible fixed assets +€1,651
up €1,651 (+43.1%), from €3,827 to €5,477
- Reserves +€25,000
up €25,000 (+62.5%), from €40,000 to €65,000
- Tax, wage and social debts -€6,255
down €6,255 (-19.6%), from €31,835 to €25,580
of which Taxes: -€9,755
- Profit (loss) carried forward +€2,486
up €2,486 (+56.5%), from €4,398 to €6,885
- Trade debts -€1,836
down €1,836 (-62.2%), from €2,953 to €1,118
- Gross operating margin -€16,568
down €16,568 (-27.0%), from €61,420 to €44,852
- Other operating charges +€2,741
new in 2025: €2,741
- Taxes -€2,199
down €2,199 (-13.2%), from €16,638 to €14,438
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 | €83,930 | €103,214 | +€19,284 | +23.0% |
| Fixed assets | 21/28 | €3,827 | €5,477 | +€1,651 | +43.1% |
| Tangible fixed assets | 22/27 | €3,827 | €5,477 | +€1,651 | +43.1% |
| Furniture and vehicles | 24 | €3,827 | €5,477 | +€1,651 | +43.1% |
| Current assets | 29/58 | €80,103 | €97,736 | +€17,633 | +22.0% |
| Amounts receivable within one year | 40/41 | €11,153 | €1,898 | -€9,255 | -83.0% |
| Trade receivables | 40 | €11,153 | €1,898 | -€9,255 | -83.0% |
| Cash at bank and in hand | 54/58 | €68,951 | €95,838 | +€26,888 | +39.0% |
| Total equity and liabilities | 10/49 | €83,930 | €103,214 | +€19,284 | +23.0% |
| Equity | 10/15 | €44,398 | €71,885 | +€27,486 | +61.9% |
| Reserves | 13 | €40,000 | €65,000 | +€25,000 | +62.5% |
| Distributable reserves | 133 | €40,000 | €65,000 | +€25,000 | +62.5% |
| Profit (loss) carried forward | 14 | €4,398 | €6,885 | +€2,486 | +56.5% |
| Amounts payable | 17/49 | €39,531 | €31,329 | -€8,202 | -20.7% |
| Amounts payable within one year | 42/48 | €39,531 | €31,329 | -€8,202 | -20.7% |
| Trade debts | 44 | €2,953 | €1,118 | -€1,836 | -62.2% |
| Suppliers | 440/4 | €2,953 | €1,118 | -€1,836 | -62.2% |
| Taxes, remuneration and social security | 45 | €31,835 | €25,580 | -€6,255 | -19.6% |
| Taxes | 450/3 | €31,835 | €22,080 | -€9,755 | -30.6% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €4,744 | €4,631 | -€112 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €384 | €0 | -€384 | -100.0% |
| Other operating charges | 640/8 | - | €2,741 | +€2,741 | |
| Gross operating margin | 9900 | €61,420 | €44,852 | -€16,568 | -27.0% |
| Operating profit (loss) | 9901 | €61,036 | €42,111 | -€18,925 | -31.0% |
| Financial charges | 65/66B | - | €186 | +€186 | |
| Recurring financial charges | 65 | - | €186 | +€186 | |
| Profit (loss) for the period before taxes | 9903 | €61,036 | €41,925 | -€19,111 | -31.3% |
| Income taxes | 67/77 | €16,638 | €14,438 | -€2,199 | -13.2% |
| Profit (loss) for the period | 9904 | €44,398 | €27,486 | -€16,912 | -38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,398 | €27,486 | -€16,912 | -38.1% |
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.