SYLVAGRO: 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.
SYLVAGRO
Largest movements
- Cash +€32,247
up €32,247 (+59.6%), from €54,075 to €86,323
mainly Depreciation (+€18,657) and Net result for the year (+€13,381)
- Tangible fixed assets -€14,084
down €14,084 (-13.6%), from €103,512 to €89,428
- Receivables within one year -€10,310
down €10,310 (-39.5%), from €26,089 to €15,779
of which Trade receivables: -€9,024
- Stocks and contracts -€9,254
down €9,254 (-50.6%), from €18,305 to €9,051
- Profit (loss) carried forward +€13,381
up €13,381 (+51.6%), from €25,933 to €39,314
- Debts after one year -€12,696
down €12,696 (-16.4%), from €77,362 to €64,666
- Current portion of long-term debt -€2,889
down €2,889 (-18.5%), from €15,585 to €12,696
- Gross operating margin +€13,103
up €13,103 (+43.9%), from €29,848 to €42,951
- Taxes +€2,605
up €2,605 (+118.3%), from €2,203 to €4,807
- Write-downs +€1,542
new in 2024: €1,542
- Financial charges +€643
up €643 (+20.0%), from €3,219 to €3,862
- Financial income -€569
down €569 (-99.4%), from €572 to €3
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 | €204,524 | €203,204 | -€1,320 | -0.6% |
| Fixed assets | 21/28 | €103,512 | €89,428 | -€14,084 | -13.6% |
| Tangible fixed assets | 22/27 | €103,512 | €89,428 | -€14,084 | -13.6% |
| Land and buildings | 22 | €56,410 | €51,994 | -€4,415 | -7.8% |
| Plant, machinery and equipment | 23 | €29,076 | €22,065 | -€7,011 | -24.1% |
| Furniture and vehicles | 24 | €18,026 | €15,369 | -€2,657 | -14.7% |
| Current assets | 29/58 | €101,012 | €113,776 | +€12,764 | +12.6% |
| Stocks and contracts in progress | 3 | €18,305 | €9,051 | -€9,254 | -50.6% |
| Stocks | 30/36 | €18,305 | €9,051 | -€9,254 | -50.6% |
| Amounts receivable within one year | 40/41 | €26,089 | €15,779 | -€10,310 | -39.5% |
| Trade receivables | 40 | €24,789 | €15,765 | -€9,024 | -36.4% |
| Other amounts receivable | 41 | €1,300 | €14 | -€1,286 | -98.9% |
| Cash at bank and in hand | 54/58 | €54,075 | €86,323 | +€32,247 | +59.6% |
| Deferred charges and accrued income | 490/1 | €2,542 | €2,622 | +€80 | +3.2% |
| Total equity and liabilities | 10/49 | €204,524 | €203,204 | -€1,320 | -0.6% |
| Equity | 10/15 | €73,693 | €87,074 | +€13,381 | +18.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €35,360 | €35,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €35,360 | €35,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,933 | €39,314 | +€13,381 | +51.6% |
| Amounts payable | 17/49 | €130,831 | €116,130 | -€14,701 | -11.2% |
| Amounts payable after more than one year | 17 | €77,362 | €64,666 | -€12,696 | -16.4% |
| Financial debts | 170/4 | €77,362 | €64,666 | -€12,696 | -16.4% |
| Amounts payable within one year | 42/48 | €52,071 | €49,504 | -€2,567 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €15,585 | €12,696 | -€2,889 | -18.5% |
| Trade debts | 44 | €9,298 | €9,253 | -€46 | -0.5% |
| Suppliers | 440/4 | €9,298 | €9,253 | -€46 | -0.5% |
| Taxes, remuneration and social security | 45 | €2,475 | €3,388 | +€913 | +36.9% |
| Taxes | 450/3 | €2,475 | €3,388 | +€913 | +36.9% |
| Other amounts payable | 47/48 | €24,713 | €24,168 | -€545 | -2.2% |
| Accrued charges and deferred income | 492/3 | €1,399 | €1,960 | +€561 | +40.1% |
| Non-recurring operating income | 76A | €207 | €413 | +€207 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,487 | €18,657 | +€170 | +0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,542 | +€1,542 | |
| Other operating charges | 640/8 | €692 | €704 | +€12 | +1.8% |
| Non-recurring operating charges | 66A | €266 | €0 | -€266 | -100.0% |
| Gross operating margin | 9900 | €29,848 | €42,951 | +€13,103 | +43.9% |
| Operating profit (loss) | 9901 | €10,403 | €22,048 | +€11,644 | +111.9% |
| Financial income | 75/76B | €572 | €3 | -€569 | -99.4% |
| Recurring financial income | 75 | €572 | €3 | -€569 | -99.4% |
| Financial charges | 65/66B | €3,219 | €3,862 | +€643 | +20.0% |
| Recurring financial charges | 65 | €3,219 | €3,862 | +€643 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €7,756 | €18,189 | +€10,433 | +134.5% |
| Income taxes | 67/77 | €2,203 | €4,807 | +€2,605 | +118.3% |
| Profit (loss) for the period | 9904 | €5,553 | €13,381 | +€7,828 | +141.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,553 | €13,381 | +€7,828 | +141.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.