SILVIA WANG DESIGNS: what changed
SILVIA WANG DESIGNS
Largest movements
- Receivables after one year +€32,521
up €32,521 (+118%), from €27,479 to €60,000
- Tangible fixed assets -€12,286
down €12,286 (-3.4%), from €363,299 to €351,013
of which Land and buildings: -€10,977
- Cash -€6,365
down €6,365 (-54.6%), from €11,662 to €5,297
mainly Receivables after one year (-€32,521) and Debts after one year (-€15,500)
- Receivables within one year -€4,787
down €4,787 (-17.2%), from €27,835 to €23,048
of which Trade receivables: -€10,787
- Trade debts +€18,314
new in 2025: €18,314
- Debts after one year -€15,500
down €15,500 (-5.8%), from €269,500 to €254,000
- Tax, wage and social debts -€8,037
down €8,037 (-36.3%), from €22,155 to €14,118
- Reserves +€5,770
up €5,770 (+4.2%), from €137,446 to €143,216
- Write-downs +€9,000
new in 2025: €9,000
- Financial charges -€3,710
down €3,710 (-22.5%), from €16,495 to €12,785
- Gross operating margin +€2,844
up €2,844 (+7.6%), from €37,432 to €40,276
- Other operating charges -€979
down €979 (-62.6%), from €1,564 to €585
- Taxes -€437
down €437 (-18.5%), from €2,367 to €1,930
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €449,851 | €455,489 | +€5,638 | +1.3% |
| Fixed assets | 21/28 | €363,299 | €351,013 | -€12,286 | -3.4% |
| Tangible fixed assets | 22/27 | €363,299 | €351,013 | -€12,286 | -3.4% |
| Land and buildings | 22 | €358,841 | €347,864 | -€10,977 | -3.1% |
| Furniture and vehicles | 24 | €4,458 | €3,149 | -€1,309 | -29.4% |
| Current assets | 29/58 | €86,552 | €104,476 | +€17,925 | +20.7% |
| Amounts receivable after more than one year | 29 | €27,479 | €60,000 | +€32,521 | +118% |
| Other amounts receivable | 291 | €27,479 | €60,000 | +€32,521 | +118% |
| Amounts receivable within one year | 40/41 | €27,835 | €23,048 | -€4,787 | -17.2% |
| Trade receivables | 40 | €18,835 | €8,048 | -€10,787 | -57.3% |
| Other amounts receivable | 41 | €9,000 | €15,000 | +€6,000 | +66.7% |
| Cash at bank and in hand | 54/58 | €11,662 | €5,297 | -€6,365 | -54.6% |
| Deferred charges and accrued income | 490/1 | €19,576 | €16,131 | -€3,445 | -17.6% |
| Total equity and liabilities | 10/49 | €449,851 | €455,489 | +€5,638 | +1.3% |
| Equity | 10/15 | €142,446 | €148,216 | +€5,770 | +4.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €137,446 | €143,216 | +€5,770 | +4.2% |
| Distributable reserves | 133 | €137,446 | €143,216 | +€5,770 | +4.2% |
| Amounts payable | 17/49 | €307,405 | €307,273 | -€132 | 0.0% |
| Amounts payable after more than one year | 17 | €269,500 | €254,000 | -€15,500 | -5.8% |
| Financial debts | 170/4 | €269,500 | €254,000 | -€15,500 | -5.8% |
| Amounts payable within one year | 42/48 | €37,155 | €52,524 | +€15,369 | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €19,129 | +€4,129 | +27.5% |
| Trade debts | 44 | - | €18,314 | +€18,314 | |
| Suppliers | 440/4 | - | €18,314 | +€18,314 | |
| Advances received on contracts in progress | 46 | - | €963 | +€963 | |
| Taxes, remuneration and social security | 45 | €22,155 | €14,118 | -€8,037 | -36.3% |
| Taxes | 450/3 | €22,155 | €14,118 | -€8,037 | -36.3% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,086 | €12,286 | +€200 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,000 | +€9,000 | |
| Other operating charges | 640/8 | €1,564 | €585 | -€979 | -62.6% |
| Gross operating margin | 9900 | €37,432 | €40,276 | +€2,844 | +7.6% |
| Operating profit (loss) | 9901 | €23,782 | €18,405 | -€5,378 | -22.6% |
| Financial income | 75/76B | €2,080 | €2,080 | -€0 | 0.0% |
| Recurring financial income | 75 | €2,080 | €2,080 | -€0 | 0.0% |
| Financial charges | 65/66B | €16,495 | €12,785 | -€3,710 | -22.5% |
| Recurring financial charges | 65 | €16,495 | €12,785 | -€3,710 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €9,367 | €7,700 | -€1,667 | -17.8% |
| Income taxes | 67/77 | €2,367 | €1,930 | -€437 | -18.5% |
| Profit (loss) for the period | 9904 | €7,000 | €5,770 | -€1,231 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,000 | €5,770 | -€1,231 | -17.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.