SYLVANEE: 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.
SYLVANEE
Largest movements
- Stocks and contracts -€33,771
down €33,771 (-67.8%), from €49,797 to €16,027
- Receivables within one year -€12,470
down €12,470 (-54.5%), from €22,886 to €10,416
of which Trade receivables: -€9,900
- Tangible fixed assets -€4,500
down €4,500 (-43.1%), from €10,430 to €5,931
- Trade debts -€22,250
down €22,250 (-41.0%), from €54,267 to €32,017
- Profit (loss) carried forward -€16,940
down €16,940 (-1805.3%), from -€938 to -€17,878
- Other debts -€10,191
down €10,191 (-55.1%), from €18,491 to €8,300
- Advances received -€1,331
no longer reported in 2024 (was €1,331)
- Write-downs +€31,241
new in 2024: €31,241
- Gross operating margin +€8,286
up €8,286 (+77.6%), from €10,676 to €18,962
- Depreciation +€1,430
up €1,430 (+46.6%), from €3,070 to €4,500
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 | €83,151 | €32,438 | -€50,712 | -61.0% |
| Fixed assets | 21/28 | €10,430 | €5,931 | -€4,500 | -43.1% |
| Tangible fixed assets | 22/27 | €10,430 | €5,931 | -€4,500 | -43.1% |
| Furniture and vehicles | 24 | €10,430 | €5,931 | -€4,500 | -43.1% |
| Current assets | 29/58 | €72,720 | €26,508 | -€46,213 | -63.5% |
| Stocks and contracts in progress | 3 | €49,797 | €16,027 | -€33,771 | -67.8% |
| Stocks | 30/36 | €49,797 | €16,027 | -€33,771 | -67.8% |
| Amounts receivable within one year | 40/41 | €22,886 | €10,416 | -€12,470 | -54.5% |
| Trade receivables | 40 | €9,900 | - | -€9,900 | |
| Other amounts receivable | 41 | €12,986 | €10,416 | -€2,570 | -19.8% |
| Cash at bank and in hand | 54/58 | €37 | €65 | +€28 | +76.4% |
| Total equity and liabilities | 10/49 | €83,151 | €32,438 | -€50,712 | -61.0% |
| Equity | 10/15 | €9,062 | -€7,878 | -€16,940 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€938 | -€17,878 | -€16,940 | -1805.3% |
| Amounts payable | 17/49 | €74,089 | €40,317 | -€33,772 | -45.6% |
| Amounts payable within one year | 42/48 | €74,089 | €40,317 | -€33,772 | -45.6% |
| Trade debts | 44 | €54,267 | €32,017 | -€22,250 | -41.0% |
| Suppliers | 440/4 | €54,267 | €32,017 | -€22,250 | -41.0% |
| Advances received on contracts in progress | 46 | €1,331 | - | -€1,331 | |
| Other amounts payable | 47/48 | €18,491 | €8,300 | -€10,191 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,070 | €4,500 | +€1,430 | +46.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €31,241 | +€31,241 | |
| Gross operating margin | 9900 | €10,676 | €18,962 | +€8,286 | +77.6% |
| Operating profit (loss) | 9901 | €7,607 | -€16,779 | -€24,385 | |
| Financial charges | 65/66B | €133 | €162 | +€28 | +21.3% |
| Recurring financial charges | 65 | €133 | €162 | +€28 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €7,473 | -€16,940 | -€24,414 | |
| Profit (loss) for the period | 9904 | €7,473 | -€16,940 | -€24,414 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,473 | -€16,940 | -€24,414 |
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 1 October 2026 via checked.be.