SilverMountain: 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.
SilverMountain
Largest movements
- Cash +€50,437
up €50,437 (+26.6%), from €189,903 to €240,340
mainly Net result for the year (+€82,398) and Depreciation (+€8,775)
- Receivables within one year +€18,440
up €18,440, from €0 to €18,440
- Tangible fixed assets -€5,201
down €5,201 (-25.1%), from €20,718 to €15,517
of which Furniture and vehicles: -€4,772
- Profit (loss) carried forward +€80,680
up €80,680 (+53.3%), from €151,423 to €232,104
- Tax, wage and social debts -€17,417
down €17,417 (-31.9%), from €54,571 to €37,154
of which Taxes: -€19,017
- Gross operating margin +€8,355
up €8,355 (+7.9%), from €106,172 to €114,527
- Depreciation +€4,843
up €4,843 (+123.1%), from €3,932 to €8,775
- Taxes +€1,659
up €1,659 (+7.9%), from €21,071 to €22,730
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 | €210,620 | €274,297 | +€63,677 | +30.2% |
| Fixed assets | 21/28 | €20,718 | €15,517 | -€5,201 | -25.1% |
| Tangible fixed assets | 22/27 | €20,718 | €15,517 | -€5,201 | -25.1% |
| Plant, machinery and equipment | 23 | €516 | €87 | -€429 | -83.1% |
| Furniture and vehicles | 24 | €20,202 | €15,430 | -€4,772 | -23.6% |
| Current assets | 29/58 | €189,903 | €258,780 | +€68,877 | +36.3% |
| Amounts receivable within one year | 40/41 | €0 | €18,440 | +€18,440 | |
| Trade receivables | 40 | €0 | €18,440 | +€18,440 | |
| Cash at bank and in hand | 54/58 | €189,903 | €240,340 | +€50,437 | +26.6% |
| Total equity and liabilities | 10/49 | €210,620 | €274,297 | +€63,677 | +30.2% |
| Equity | 10/15 | €153,423 | €234,104 | +€80,680 | +52.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,423 | €232,104 | +€80,680 | +53.3% |
| Amounts payable | 17/49 | €57,197 | €40,193 | -€17,004 | -29.7% |
| Amounts payable within one year | 42/48 | €57,197 | €40,193 | -€17,004 | -29.7% |
| Trade debts | 44 | €717 | €333 | -€384 | -53.6% |
| Suppliers | 440/4 | €717 | €333 | -€384 | -53.6% |
| Taxes, remuneration and social security | 45 | €54,571 | €37,154 | -€17,417 | -31.9% |
| Taxes | 450/3 | €54,571 | €35,554 | -€19,017 | -34.8% |
| Remuneration and social security | 454/9 | - | €1,600 | +€1,600 | |
| Other amounts payable | 47/48 | €1,909 | €2,707 | +€798 | +41.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,932 | €8,775 | +€4,843 | +123.1% |
| Other operating charges | 640/8 | €1,266 | €1,303 | +€38 | +3.0% |
| Gross operating margin | 9900 | €106,172 | €114,527 | +€8,355 | +7.9% |
| Operating profit (loss) | 9901 | €100,974 | €104,449 | +€3,475 | +3.4% |
| Financial income | 75/76B | €1,051 | €910 | -€140 | -13.4% |
| Recurring financial income | 75 | €1,051 | €910 | -€140 | -13.4% |
| Financial charges | 65/66B | €105 | €231 | +€126 | +120.0% |
| Recurring financial charges | 65 | €105 | €231 | +€126 | +120.0% |
| Profit (loss) for the period before taxes | 9903 | €101,920 | €105,128 | +€3,208 | +3.1% |
| Income taxes | 67/77 | €21,071 | €22,730 | +€1,659 | +7.9% |
| Profit (loss) for the period | 9904 | €80,848 | €82,398 | +€1,550 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €80,848 | €82,398 | +€1,550 | +1.9% |
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 10 October 2026 via checked.be.