SILVERTEC: 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.
SILVERTEC
Largest movements
- Cash +€52,148
up €52,148 (+183.8%), from €28,365 to €80,513
mainly Net result for the year (+€59,098) and Tax, wage and social debts (+€10,274)
- Tangible fixed assets -€4,760
down €4,760 (-8.5%), from €56,196 to €51,436
of which Furniture and vehicles: -€3,749
- Reserves +€30,294
up €30,294 (+20.2%), from €149,684 to €179,978
- Tax, wage and social debts +€10,274
up €10,274 (+74.0%), from €13,887 to €24,161
- Other debts +€9,823
up €9,823 (+61.3%), from €16,034 to €25,857
- Trade debts -€2,791
down €2,791 (-65.4%), from €4,271 to €1,480
- Gross operating margin +€12,637
up €12,637 (+15.8%), from €79,763 to €92,400
- Taxes +€4,911
up €4,911 (+24.3%), from €20,213 to €25,124
- Depreciation -€1,701
down €1,701 (-19.6%), from €8,691 to €6,990
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 | €190,076 | €237,675 | +€47,599 | +25.0% |
| Fixed assets | 21/28 | €56,196 | €51,436 | -€4,760 | -8.5% |
| Tangible fixed assets | 22/27 | €56,196 | €51,436 | -€4,760 | -8.5% |
| Plant, machinery and equipment | 23 | €2,330 | €1,319 | -€1,011 | -43.4% |
| Furniture and vehicles | 24 | €53,866 | €50,117 | -€3,749 | -7.0% |
| Current assets | 29/58 | €133,881 | €186,240 | +€52,359 | +39.1% |
| Amounts receivable within one year | 40/41 | €100,940 | €100,451 | -€489 | -0.5% |
| Trade receivables | 40 | €40,938 | €40,445 | -€493 | -1.2% |
| Other amounts receivable | 41 | €60,003 | €60,006 | +€4 | 0.0% |
| Cash at bank and in hand | 54/58 | €28,365 | €80,513 | +€52,148 | +183.8% |
| Deferred charges and accrued income | 490/1 | €4,575 | €5,275 | +€700 | +15.3% |
| Total equity and liabilities | 10/49 | €190,076 | €237,675 | +€47,599 | +25.0% |
| Equity | 10/15 | €155,884 | €186,178 | +€30,294 | +19.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €149,684 | €179,978 | +€30,294 | +20.2% |
| Distributable reserves | 133 | €149,684 | €179,978 | +€30,294 | +20.2% |
| Amounts payable | 17/49 | €34,192 | €51,497 | +€17,305 | +50.6% |
| Amounts payable within one year | 42/48 | €34,192 | €51,497 | +€17,305 | +50.6% |
| Trade debts | 44 | €4,271 | €1,480 | -€2,791 | -65.4% |
| Suppliers | 440/4 | €4,271 | €1,480 | -€2,791 | -65.4% |
| Taxes, remuneration and social security | 45 | €13,887 | €24,161 | +€10,274 | +74.0% |
| Taxes | 450/3 | €13,887 | €24,161 | +€10,274 | +74.0% |
| Other amounts payable | 47/48 | €16,034 | €25,857 | +€9,823 | +61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,691 | €6,990 | -€1,701 | -19.6% |
| Other operating charges | 640/8 | €384 | €597 | +€213 | +55.3% |
| Gross operating margin | 9900 | €79,763 | €92,400 | +€12,637 | +15.8% |
| Operating profit (loss) | 9901 | €70,687 | €84,812 | +€14,125 | +20.0% |
| Financial income | 75/76B | €9 | €24 | +€14 | +156.2% |
| Recurring financial income | 75 | €9 | €24 | +€14 | +156.2% |
| Financial charges | 65/66B | €1,518 | €614 | -€903 | -59.5% |
| Recurring financial charges | 65 | €1,518 | €614 | -€903 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €69,179 | €84,222 | +€15,043 | +21.7% |
| Income taxes | 67/77 | €20,213 | €25,124 | +€4,911 | +24.3% |
| Profit (loss) for the period | 9904 | €48,966 | €59,098 | +€10,132 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,966 | €59,098 | +€10,132 | +20.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.