In the city of Kaposvár, Southwestern Hungary, a new sugar silo with a diameter of approximately 60 m and a storage capacity of 60,000 tons was constructed in 2013 on the site of Magyar Cukor Ltd. (Figure 1). The purpose of the recent study is to back analyse the foundation performance of the sugar silo. The behaviour of the sugar silo and its settlement were continuously monitored during the filling process by using geodetic methods. This enabled the back analysis of the silo foundation’s behaviour. The objective of the analysis presented herein is solely academic. Settlements are computed by means of a finite element model created based on the available soil investigation results and the results are compared with the measured data.