SILVRETTA: 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.
SILVRETTA
Largest movements
- Tangible fixed assets -€8,253
down €8,253 (-16.6%), from €49,575 to €41,322
- Debts after one year -€13,344
down €13,344 (-44.9%), from €29,706 to €16,362
- Gross operating margin -€8,335
down €8,335 (-35.6%), from €23,390 to €15,055
- Financial charges -€509
down €509 (-22.7%), from €2,247 to €1,738
of which Financial charges: -€509
- Other operating charges +€374
up €374 (+27.5%), from €1,360 to €1,734
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €602,683 | €589,296 | -€13,387 | -2.2% |
| Fixed assets | 21/28 | €593,249 | €584,996 | -€8,253 | -1.4% |
| Tangible fixed assets | 22/27 | €49,575 | €41,322 | -€8,253 | -16.6% |
| Land and buildings | 22 | €49,575 | €41,322 | -€8,253 | -16.6% |
| Financial fixed assets | 28 | €543,674 | €543,674 | = | 0.0% |
| Current assets | 29/58 | €9,434 | €4,300 | -€5,134 | -54.4% |
| Amounts receivable within one year | 40/41 | €491 | €491 | = | 0.0% |
| Other amounts receivable | 41 | €491 | €491 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,943 | €3,809 | -€5,134 | -57.4% |
| Total equity and liabilities | 10/49 | €602,683 | €589,296 | -€13,387 | -2.2% |
| Equity | 10/15 | €540,155 | €543,485 | +€3,330 | +0.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €457,655 | €460,985 | +€3,330 | +0.7% |
| Amounts payable | 17/49 | €62,528 | €45,811 | -€16,717 | -26.7% |
| Amounts payable after more than one year | 17 | €29,706 | €16,362 | -€13,344 | -44.9% |
| Financial debts | 170/4 | €29,706 | €16,362 | -€13,344 | -44.9% |
| Amounts payable within one year | 42/48 | €32,822 | €29,449 | -€3,373 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €12,996 | €13,101 | +€105 | +0.8% |
| Trade debts | 44 | €1,538 | €1,159 | -€379 | -24.6% |
| Suppliers | 440/4 | €1,538 | €1,159 | -€379 | -24.6% |
| Taxes, remuneration and social security | 45 | €16,807 | €13,730 | -€3,077 | -18.3% |
| Taxes | 450/3 | €16,807 | €13,730 | -€3,077 | -18.3% |
| Other amounts payable | 47/48 | €1,481 | €1,459 | -€22 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,252 | €8,253 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,360 | €1,734 | +€374 | +27.5% |
| Gross operating margin | 9900 | €23,390 | €15,055 | -€8,335 | -35.6% |
| Operating profit (loss) | 9901 | €13,778 | €5,068 | -€8,710 | -63.2% |
| Financial charges | 65/66B | €2,247 | €1,738 | -€509 | -22.7% |
| Recurring financial charges | 65 | €2,247 | €1,738 | -€509 | -22.7% |
| Non-recurring financial charges | 66B | €2,247 | €1,738 | -€509 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €11,531 | €3,330 | -€8,201 | -71.1% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €11,531 | €3,330 | -€8,201 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,531 | €3,330 | -€8,201 | -71.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.