Sylt: what changed
Two fiscal 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.
Sylt
Largest movements
- Stocks and contracts +€683,072
up €683,072 (+19.3%), from €3.5m to €4.2m
- Cash -€50,616
down €50,616 (-74.1%), from €68,288 to €17,672
mainly Stocks and contracts (-€683,072) and Net result for the year (-€72,440)
- Short-term financial debts +€332,729
up €332,729 (+15.3%), from €2.2m to €2.5m
- Debts after one year +€310,200
up €310,200 (+25.4%), from €1.2m to €1.5m
- Trade debts +€82,038
up €82,038 (+188.8%), from €43,461 to €125,500
- Tax, wage and social debts -€42,851
down €42,851 (-100.0%), from €42,851 to €0
- Gross operating margin +€63,060
up €63,060 (+162.8%), from €38,732 to €101,791
- Financial charges +€10,616
up €10,616 (+6.5%), from €163,491 to €174,107
- Taxes +€1,989
up €1,989, from €0 to €1,989
- Financial income +€1,842
up €1,842 (+926.4%), from €199 to €2,041
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 | €3,605,034 | €4,237,490 | +€632,456 | +17.5% |
| Current assets | 29/58 | €3,605,034 | €4,237,490 | +€632,456 | +17.5% |
| Stocks and contracts in progress | 3 | €3,536,746 | €4,219,817 | +€683,072 | +19.3% |
| Stocks | 30/36 | €3,536,746 | €4,219,817 | +€683,072 | +19.3% |
| Cash at bank and in hand | 54/58 | €68,288 | €17,672 | -€50,616 | -74.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,605,034 | €4,237,490 | +€632,456 | +17.5% |
| Equity | 10/15 | €54,507 | -€17,933 | -€72,440 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €34,507 | €0 | -€34,507 | -100.0% |
| Distributable reserves | 133 | €34,507 | €0 | -€34,507 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€37,933 | -€37,933 | |
| Amounts payable | 17/49 | €3,550,527 | €4,255,423 | +€704,896 | +19.9% |
| Amounts payable after more than one year | 17 | €1,221,073 | €1,531,273 | +€310,200 | +25.4% |
| Financial debts | 170/4 | €1,221,073 | €1,531,273 | +€310,200 | +25.4% |
| Amounts payable within one year | 42/48 | €2,264,768 | €2,636,612 | +€371,844 | +16.4% |
| Financial debts | 43 | €2,178,359 | €2,511,087 | +€332,729 | +15.3% |
| Credit institutions | 430/8 | €2,178,359 | €2,511,087 | +€332,729 | +15.3% |
| Trade debts | 44 | €43,461 | €125,500 | +€82,038 | +188.8% |
| Suppliers | 440/4 | €43,461 | €125,500 | +€82,038 | +188.8% |
| Taxes, remuneration and social security | 45 | €42,851 | €0 | -€42,851 | -100.0% |
| Taxes | 450/3 | €42,851 | €0 | -€42,851 | -100.0% |
| Other amounts payable | 47/48 | €97 | €25 | -€72 | -74.4% |
| Accrued charges and deferred income | 492/3 | €64,687 | €87,538 | +€22,852 | +35.3% |
| Other operating charges | 640/8 | €968 | €176 | -€792 | -81.8% |
| Gross operating margin | 9900 | €38,732 | €101,791 | +€63,060 | +162.8% |
| Operating profit (loss) | 9901 | €37,764 | €101,615 | +€63,851 | +169.1% |
| Financial income | 75/76B | €199 | €2,041 | +€1,842 | +926.4% |
| Recurring financial income | 75 | €199 | €2,041 | +€1,842 | +926.4% |
| Financial charges | 65/66B | €163,491 | €174,107 | +€10,616 | +6.5% |
| Recurring financial charges | 65 | €163,491 | €174,107 | +€10,616 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€125,528 | -€70,451 | +€55,077 | +43.9% |
| Income taxes | 67/77 | €0 | €1,989 | +€1,989 | |
| Profit (loss) for the period | 9904 | -€125,528 | -€72,440 | +€53,088 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€125,528 | -€72,440 | +€53,088 | +42.3% |
Source: filed annual accounts (NBB), fiscal 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.