Sylla Meat: 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.
Sylla Meat
Largest movements
- Tangible fixed assets +€152,989
up €152,989 (+39.6%), from €386,049 to €539,038
of which Furniture and vehicles: +€104,785
- Cash -€71,475
down €71,475 (-24.0%), from €297,770 to €226,295
mainly Investment in fixed assets (net) (-€238,325) and Receivables within one year (-€58,420)
- Receivables within one year +€58,420
up €58,420 (+519%), from €11,263 to €69,682
of which Trade receivables: +€29,789
- Intangible fixed assets -€10,000
down €10,000 (-13.5%), from €74,137 to €64,137
- Reserves +€97,448
up €97,448 (+45.5%), from €214,111 to €311,560
- Debts after one year +€21,926
up €21,926 (+10.3%), from €212,806 to €234,732
- Current portion of long-term debt +€19,807
up €19,807 (+34.0%), from €58,268 to €78,074
- Accrued charges and deferred income -€14,917
down €14,917 (-74.9%), from €19,923 to €5,006
- Other debts -€9,600
down €9,600 (-52.3%), from €18,339 to €8,739
- Staff costs -€65,285
down €65,285 (-23.3%), from €279,680 to €214,395
- Depreciation +€20,459
up €20,459 (+27.3%), from €74,877 to €95,336
- Gross operating margin -€17,157
down €17,157 (-3.7%), from €462,719 to €445,563
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.
Derived cash bridge
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 | €793,794 | €918,062 | +€124,268 | +15.7% |
| Fixed assets | 21/28 | €460,186 | €603,175 | +€142,989 | +31.1% |
| Intangible fixed assets | 21 | €74,137 | €64,137 | -€10,000 | -13.5% |
| Tangible fixed assets | 22/27 | €386,049 | €539,038 | +€152,989 | +39.6% |
| Plant, machinery and equipment | 23 | €267,623 | €307,397 | +€39,774 | +14.9% |
| Furniture and vehicles | 24 | €11,920 | €116,705 | +€104,785 | +879% |
| Other tangible fixed assets | 26 | €106,506 | €114,936 | +€8,430 | +7.9% |
| Current assets | 29/58 | €333,608 | €314,887 | -€18,721 | -5.6% |
| Stocks and contracts in progress | 3 | €18,491 | €18,491 | = | 0.0% |
| Stocks | 30/36 | €18,491 | €18,491 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,263 | €69,682 | +€58,420 | +519% |
| Trade receivables | 40 | €4,259 | €34,048 | +€29,789 | +699% |
| Other amounts receivable | 41 | €7,004 | €35,634 | +€28,631 | +409% |
| Cash at bank and in hand | 54/58 | €297,770 | €226,295 | -€71,475 | -24.0% |
| Deferred charges and accrued income | 490/1 | €6,085 | €419 | -€5,666 | -93.1% |
| Total equity and liabilities | 10/49 | €793,794 | €918,062 | +€124,268 | +15.7% |
| Equity | 10/15 | €224,111 | €321,560 | +€97,448 | +43.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €214,111 | €311,560 | +€97,448 | +45.5% |
| Distributable reserves | 133 | €214,111 | €311,560 | +€97,448 | +45.5% |
| Amounts payable | 17/49 | €569,683 | €596,502 | +€26,819 | +4.7% |
| Amounts payable after more than one year | 17 | €212,806 | €234,732 | +€21,926 | +10.3% |
| Financial debts | 170/4 | €212,806 | €234,732 | +€21,926 | +10.3% |
| Amounts payable within one year | 42/48 | €336,954 | €356,765 | +€19,811 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €58,268 | €78,074 | +€19,807 | +34.0% |
| Trade debts | 44 | €183,259 | €182,767 | -€492 | -0.3% |
| Suppliers | 440/4 | €183,259 | €182,767 | -€492 | -0.3% |
| Advances received on contracts in progress | 46 | - | €9,309 | +€9,309 | |
| Taxes, remuneration and social security | 45 | €77,089 | €77,876 | +€787 | +1.0% |
| Taxes | 450/3 | €43,705 | €47,592 | +€3,887 | +8.9% |
| Remuneration and social security | 454/9 | €33,384 | €30,284 | -€3,100 | -9.3% |
| Other amounts payable | 47/48 | €18,339 | €8,739 | -€9,600 | -52.3% |
| Accrued charges and deferred income | 492/3 | €19,923 | €5,006 | -€14,917 | -74.9% |
| Remuneration, social security and pensions | 62 | €279,680 | €214,395 | -€65,285 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,877 | €95,336 | +€20,459 | +27.3% |
| Other operating charges | 640/8 | €3,160 | €1,917 | -€1,243 | -39.3% |
| Gross operating margin | 9900 | €462,719 | €445,563 | -€17,157 | -3.7% |
| Operating profit (loss) | 9901 | €105,002 | €133,915 | +€28,913 | +27.5% |
| Financial income | 75/76B | €229 | €11 | -€219 | -95.4% |
| Recurring financial income | 75 | €229 | €11 | -€219 | -95.4% |
| Financial charges | 65/66B | €13,630 | €13,263 | -€367 | -2.7% |
| Recurring financial charges | 65 | €13,630 | €13,263 | -€367 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €91,601 | €120,662 | +€29,061 | +31.7% |
| Income taxes | 67/77 | €18,646 | €23,213 | +€4,568 | +24.5% |
| Profit (loss) for the period | 9904 | €72,955 | €97,448 | +€24,493 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,955 | €97,448 | +€24,493 | +33.6% |
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 31 October 2026 via checked.be.