SYLVA: 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.
SYLVA
Largest movements
- Cash -€323,815
down €323,815 (-37.5%), from €864,113 to €540,298
mainly Other debts (-€392,805) and Investment in fixed assets (net) (-€201,007)
- Tangible fixed assets -€205,177
down €205,177 (-6.4%), from €3.2m to €3.0m
of which Furniture and vehicles: -€109,892
- Receivables within one year +€177,728
up €177,728 (+24.6%), from €721,400 to €899,128
of which Other amounts receivable: +€281,608
- Other debts -€392,805
down €392,805 (-76.3%), from €515,140 to €122,335
- Trade debts +€170,906
up €170,906 (+17.8%), from €960,771 to €1.1m
- Profit (loss) carried forward +€146,651
up €146,651 (+94.3%), from €155,579 to €302,231
- Reserves -€144,076
down €144,076 (-13.5%), from €1.1m to €926,313
of which Tax-exempt reserves: -€144,076
- Advances received -€88,877
down €88,877 (-34.2%), from €259,818 to €170,940
- Gross operating margin -€278,337
down €278,337 (-8.9%), from €3.1m to €2.8m
- Depreciation -€78,863
down €78,863 (-16.0%), from €493,053 to €414,190
- Financial charges -€60,388
down €60,388 (-31.6%), from €191,079 to €130,691
- Other operating charges -€31,258
down €31,258 (-56.1%), from €55,722 to €24,464
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 | €6,384,134 | €6,050,142 | -€333,992 | -5.2% |
| Fixed assets | 21/28 | €3,202,002 | €2,988,820 | -€213,183 | -6.7% |
| Intangible fixed assets | 21 | €15,187 | €7,182 | -€8,006 | -52.7% |
| Tangible fixed assets | 22/27 | €3,185,233 | €2,980,057 | -€205,177 | -6.4% |
| Land and buildings | 22 | €1,944,777 | €1,906,942 | -€37,835 | -1.9% |
| Plant, machinery and equipment | 23 | €875,032 | €835,788 | -€39,244 | -4.5% |
| Furniture and vehicles | 24 | €330,060 | €220,168 | -€109,892 | -33.3% |
| Leasing and similar rights | 25 | €35,365 | €17,159 | -€18,206 | -51.5% |
| Financial fixed assets | 28 | €1,582 | €1,582 | = | 0.0% |
| Current assets | 29/58 | €3,182,132 | €3,061,322 | -€120,809 | -3.8% |
| Stocks and contracts in progress | 3 | €1,567,515 | €1,576,529 | +€9,014 | +0.6% |
| Stocks | 30/36 | €1,567,515 | €1,576,529 | +€9,014 | +0.6% |
| Amounts receivable within one year | 40/41 | €721,400 | €899,128 | +€177,728 | +24.6% |
| Trade receivables | 40 | €508,451 | €404,571 | -€103,880 | -20.4% |
| Other amounts receivable | 41 | €212,949 | €494,556 | +€281,608 | +132.2% |
| Cash at bank and in hand | 54/58 | €864,113 | €540,298 | -€323,815 | -37.5% |
| Deferred charges and accrued income | 490/1 | €29,104 | €45,368 | +€16,264 | +55.9% |
| Total equity and liabilities | 10/49 | €6,384,134 | €6,050,142 | -€333,992 | -5.2% |
| Equity | 10/15 | €1,375,968 | €1,378,543 | +€2,576 | +0.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,070,388 | €926,313 | -€144,076 | -13.5% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €529,524 | €385,449 | -€144,076 | -27.2% |
| Distributable reserves | 133 | €525,864 | €525,864 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,579 | €302,231 | +€146,651 | +94.3% |
| Amounts payable | 17/49 | €5,008,166 | €4,671,599 | -€336,568 | -6.7% |
| Amounts payable after more than one year | 17 | €2,207,352 | €2,176,208 | -€31,144 | -1.4% |
| Financial debts | 170/4 | €2,207,352 | €1,826,208 | -€381,144 | -17.3% |
| Other amounts payable | 178/9 | - | €350,000 | +€350,000 | |
| Amounts payable within one year | 42/48 | €2,792,815 | €2,487,391 | -€305,424 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €529,332 | €463,661 | -€65,671 | -12.4% |
| Financial debts | 43 | €318,333 | €345,833 | +€27,500 | +8.6% |
| Credit institutions | 430/8 | €318,333 | €345,833 | +€27,500 | +8.6% |
| Trade debts | 44 | €960,771 | €1,131,678 | +€170,906 | +17.8% |
| Suppliers | 440/4 | €960,771 | €1,131,678 | +€170,906 | +17.8% |
| Advances received on contracts in progress | 46 | €259,818 | €170,940 | -€88,877 | -34.2% |
| Taxes, remuneration and social security | 45 | €209,420 | €252,943 | +€43,524 | +20.8% |
| Taxes | 450/3 | €19,924 | €44,288 | +€24,363 | +122.3% |
| Remuneration and social security | 454/9 | €189,495 | €208,655 | +€19,160 | +10.1% |
| Other amounts payable | 47/48 | €515,140 | €122,335 | -€392,805 | -76.3% |
| Accrued charges and deferred income | 492/3 | €8,000 | €8,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €17,926 | +€17,926 | |
| Remuneration, social security and pensions | 62 | €2,242,276 | €2,245,295 | +€3,019 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €493,053 | €414,190 | -€78,863 | -16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€16,349 | €273 | +€16,621 | |
| Other operating charges | 640/8 | €55,722 | €24,464 | -€31,258 | -56.1% |
| Gross operating margin | 9900 | €3,117,351 | €2,839,014 | -€278,337 | -8.9% |
| Operating profit (loss) | 9901 | €342,649 | €154,793 | -€187,856 | -54.8% |
| Financial income | 75/76B | €39,209 | €12,399 | -€26,810 | -68.4% |
| Recurring financial income | 75 | €39,209 | €12,399 | -€26,810 | -68.4% |
| Financial charges | 65/66B | €191,079 | €130,691 | -€60,388 | -31.6% |
| Recurring financial charges | 65 | €191,079 | €130,691 | -€60,388 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €190,778 | €36,501 | -€154,277 | -80.9% |
| Income taxes | 67/77 | €42,678 | €33,925 | -€8,752 | -20.5% |
| Profit (loss) for the period | 9904 | €148,100 | €2,576 | -€145,525 | -98.3% |
| Transfer from tax-exempt reserves | 789 | €51,456 | €144,076 | +€92,620 | +180.0% |
| Profit (loss) for the period to be appropriated | 9905 | €199,556 | €146,651 | -€52,905 | -26.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.