SILVEXTRA: 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.
SILVEXTRA
Largest movements
- Cash +€142,098
up €142,098 (+113.0%), from €125,769 to €267,866
mainly Net result for the year (+€177,415) and Current investments (+€41,630)
- Current investments -€41,630
down €41,630 (-36.5%), from €114,122 to €72,492
- Tangible fixed assets -€19,907
down €19,907 (-19.2%), from €103,518 to €83,611
of which Furniture and vehicles: -€10,820
- Receivables within one year -€18,603
down €18,603 (-63.0%), from €29,548 to €10,945
- Other debts +€36,698
up €36,698 (+36.8%), from €99,794 to €136,493
- Reserves +€33,738
up €33,738 (+13.9%), from €242,030 to €275,768
- Trade debts -€11,714
down €11,714 (-93.1%), from €12,579 to €865
- Financial income +€67,433
up €67,433 (+1701.2%), from €3,964 to €71,397
- Staff costs -€66,184
no longer reported in 2025 (was €66,184)
- Taxes +€58,244
up €58,244 (+234.0%), from €24,896 to €83,140
- Gross operating margin +€6,874
up €6,874 (+3.4%), from €204,234 to €211,108
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 | €372,957 | €434,914 | +€61,957 | +16.6% |
| Fixed assets | 21/28 | €103,518 | €83,611 | -€19,907 | -19.2% |
| Tangible fixed assets | 22/27 | €103,518 | €83,611 | -€19,907 | -19.2% |
| Land and buildings | 22 | €69,897 | €61,305 | -€8,592 | -12.3% |
| Plant, machinery and equipment | 23 | €1,475 | €980 | -€495 | -33.6% |
| Furniture and vehicles | 24 | €32,146 | €21,326 | -€10,820 | -33.7% |
| Current assets | 29/58 | €269,439 | €351,303 | +€81,864 | +30.4% |
| Amounts receivable within one year | 40/41 | €29,548 | €10,945 | -€18,603 | -63.0% |
| Other amounts receivable | 41 | €29,548 | €10,945 | -€18,603 | -63.0% |
| Current investments | 50/53 | €114,122 | €72,492 | -€41,630 | -36.5% |
| Cash at bank and in hand | 54/58 | €125,769 | €267,866 | +€142,098 | +113.0% |
| Total equity and liabilities | 10/49 | €372,957 | €434,914 | +€61,957 | +16.6% |
| Equity | 10/15 | €244,030 | €277,768 | +€33,738 | +13.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €242,030 | €275,768 | +€33,738 | +13.9% |
| Distributable reserves | 133 | €242,030 | €275,768 | +€33,738 | +13.9% |
| Amounts payable | 17/49 | €128,927 | €157,146 | +€28,219 | +21.9% |
| Amounts payable within one year | 42/48 | €128,927 | €157,146 | +€28,219 | +21.9% |
| Trade debts | 44 | €12,579 | €865 | -€11,714 | -93.1% |
| Suppliers | 440/4 | €12,579 | €865 | -€11,714 | -93.1% |
| Taxes, remuneration and social security | 45 | €16,554 | €19,789 | +€3,235 | +19.5% |
| Taxes | 450/3 | €8,260 | €19,789 | +€11,528 | +139.6% |
| Remuneration and social security | 454/9 | €8,294 | - | -€8,294 | |
| Other amounts payable | 47/48 | €99,794 | €136,493 | +€36,698 | +36.8% |
| Remuneration, social security and pensions | 62 | €66,184 | - | -€66,184 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,372 | €19,907 | -€465 | -2.3% |
| Other operating charges | 640/8 | €1,893 | €1,532 | -€361 | -19.0% |
| Gross operating margin | 9900 | €204,234 | €211,108 | +€6,874 | +3.4% |
| Operating profit (loss) | 9901 | €115,785 | €189,669 | +€73,884 | +63.8% |
| Financial income | 75/76B | €3,964 | €71,397 | +€67,433 | +1701.2% |
| Recurring financial income | 75 | €3,964 | €71,397 | +€67,433 | +1701.2% |
| Financial charges | 65/66B | €190 | €511 | +€320 | +168.2% |
| Recurring financial charges | 65 | €190 | €511 | +€320 | +168.2% |
| Profit (loss) for the period before taxes | 9903 | €119,559 | €260,555 | +€140,996 | +117.9% |
| Income taxes | 67/77 | €24,896 | €83,140 | +€58,244 | +234.0% |
| Profit (loss) for the period | 9904 | €94,663 | €177,415 | +€82,752 | +87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €94,663 | €177,415 | +€82,752 | +87.4% |
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 12 October 2026 via checked.be.