Silverweeds: 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.
Silverweeds
Largest movements
- Receivables after one year -€44,385
down €44,385 (-69.9%), from €63,500 to €19,115
- Cash +€33,148
up €33,148 (+147.4%), from €22,488 to €55,636
mainly Net result for the year (+€228,814) and Other debts (+€57,871)
- Tangible fixed assets -€21,022
down €21,022 (-11.5%), from €182,249 to €161,227
of which Other tangible fixed assets: -€14,855
- Reserves -€140,196
down €140,196 (-73.2%), from €191,509 to €51,314
- Other debts +€57,871
up €57,871 (+362.7%), from €15,954 to €73,826
- Tax, wage and social debts +€42,042
up €42,042 (+45.0%), from €93,510 to €135,552
- Accrued charges and deferred income -€21,391
down €21,391 (-85.6%), from €25,000 to €3,609
- Current portion of long-term debt +€15,256
new in 2025: €15,256
- Gross operating margin +€133,688
up €133,688 (+64.6%), from €206,913 to €340,602
- Taxes +€34,679
up €34,679 (+82.5%), from €42,020 to €76,699
- Depreciation +€6,081
up €6,081 (+25.1%), from €24,183 to €30,264
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 | €334,771 | €302,053 | -€32,718 | -9.8% |
| Fixed assets | 21/28 | €182,249 | €161,227 | -€21,022 | -11.5% |
| Tangible fixed assets | 22/27 | €182,249 | €161,227 | -€21,022 | -11.5% |
| Plant, machinery and equipment | 23 | €1,972 | €4,809 | +€2,837 | +143.9% |
| Furniture and vehicles | 24 | €36,021 | €27,017 | -€9,004 | -25.0% |
| Other tangible fixed assets | 26 | €144,256 | €129,400 | -€14,855 | -10.3% |
| Current assets | 29/58 | €152,522 | €140,826 | -€11,696 | -7.7% |
| Amounts receivable after more than one year | 29 | €63,500 | €19,115 | -€44,385 | -69.9% |
| Other amounts receivable | 291 | €63,500 | €19,115 | -€44,385 | -69.9% |
| Amounts receivable within one year | 40/41 | €64,407 | €62,553 | -€1,854 | -2.9% |
| Trade receivables | 40 | €64,407 | €58,139 | -€6,268 | -9.7% |
| Other amounts receivable | 41 | - | €4,414 | +€4,414 | |
| Cash at bank and in hand | 54/58 | €22,488 | €55,636 | +€33,148 | +147.4% |
| Deferred charges and accrued income | 490/1 | €2,128 | €3,523 | +€1,395 | +65.6% |
| Total equity and liabilities | 10/49 | €334,771 | €302,053 | -€32,718 | -9.8% |
| Equity | 10/15 | €196,509 | €56,314 | -€140,196 | -71.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €191,509 | €51,314 | -€140,196 | -73.2% |
| Distributable reserves | 133 | €191,509 | €51,314 | -€140,196 | -73.2% |
| Amounts payable | 17/49 | €138,262 | €245,739 | +€107,478 | +77.7% |
| Amounts payable after more than one year | 17 | - | €3,891 | +€3,891 | |
| Financial debts | 170/4 | - | €3,891 | +€3,891 | |
| Amounts payable within one year | 42/48 | €113,262 | €238,239 | +€124,977 | +110.3% |
| Current portion of amounts payable after more than one year | 42 | - | €15,256 | +€15,256 | |
| Trade debts | 44 | €3,797 | €13,605 | +€9,808 | +258.3% |
| Suppliers | 440/4 | €3,797 | €13,605 | +€9,808 | +258.3% |
| Taxes, remuneration and social security | 45 | €93,510 | €135,552 | +€42,042 | +45.0% |
| Taxes | 450/3 | €93,510 | €135,552 | +€42,042 | +45.0% |
| Other amounts payable | 47/48 | €15,954 | €73,826 | +€57,871 | +362.7% |
| Accrued charges and deferred income | 492/3 | €25,000 | €3,609 | -€21,391 | -85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,183 | €30,264 | +€6,081 | +25.1% |
| Other operating charges | 640/8 | €505 | €926 | +€421 | +83.3% |
| Gross operating margin | 9900 | €206,913 | €340,602 | +€133,688 | +64.6% |
| Operating profit (loss) | 9901 | €182,225 | €309,411 | +€127,186 | +69.8% |
| Financial income | 75/76B | €261 | - | -€261 | |
| Recurring financial income | 75 | €261 | - | -€261 | |
| Financial charges | 65/66B | €1,373 | €3,899 | +€2,526 | +183.9% |
| Recurring financial charges | 65 | €1,373 | €3,899 | +€2,526 | +183.9% |
| Profit (loss) for the period before taxes | 9903 | €181,113 | €305,512 | +€124,399 | +68.7% |
| Income taxes | 67/77 | €42,020 | €76,699 | +€34,679 | +82.5% |
| Profit (loss) for the period | 9904 | €139,093 | €228,814 | +€89,720 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €139,093 | €228,814 | +€89,720 | +64.5% |
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 9 October 2026 via checked.be.