A.SALAS: what changed
Two financial 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.
A.SALAS
Largest movements
- Cash +€28,278
up €28,278 (+115%), from €24,517 to €52,796
mainly Net result for the year (+€20,918) and Receivables within one year (+€7,185)
- Receivables within one year -€7,185
down €7,185 (-19.3%), from €37,258 to €30,073
of which Other amounts receivable: -€18,964
- Profit (loss) carried forward +€20,918
up €20,918 (+40.6%), from €51,486 to €72,405
- Tax, wage and social debts +€2,556
new in 2025: €2,556
- Trade debts -€2,076
down €2,076 (-74.9%), from €2,773 to €697
- Gross operating margin -€37,608
down €37,608 (-57.5%), from €65,422 to €27,813
- Taxes -€7,543
down €7,543 (-56.9%), from €13,248 to €5,706
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.
Derived cash bridge
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 | €62,859 | €84,258 | +€21,399 | +34.0% |
| Formation expenses | 20 | €1,084 | €578 | -€505 | -46.6% |
| Current assets | 29/58 | €61,776 | €83,679 | +€21,904 | +35.5% |
| Amounts receivable within one year | 40/41 | €37,258 | €30,073 | -€7,185 | -19.3% |
| Trade receivables | 40 | - | €11,779 | +€11,779 | |
| Other amounts receivable | 41 | €37,258 | €18,294 | -€18,964 | -50.9% |
| Cash at bank and in hand | 54/58 | €24,517 | €52,796 | +€28,278 | +115% |
| Deferred charges and accrued income | 490/1 | - | €811 | +€811 | |
| Total equity and liabilities | 10/49 | €62,859 | €84,258 | +€21,399 | +34.0% |
| Equity | 10/15 | €60,086 | €81,005 | +€20,918 | +34.8% |
| Contributions | 10/11 | €8,600 | €8,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,486 | €72,405 | +€20,918 | +40.6% |
| Amounts payable | 17/49 | €2,773 | €3,253 | +€480 | +17.3% |
| Amounts payable within one year | 42/48 | €2,773 | €3,253 | +€480 | +17.3% |
| Trade debts | 44 | €2,773 | €697 | -€2,076 | -74.9% |
| Suppliers | 440/4 | €2,773 | €697 | -€2,076 | -74.9% |
| Taxes, remuneration and social security | 45 | - | €2,556 | +€2,556 | |
| Taxes | 450/3 | - | €2,556 | +€2,556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €432 | €505 | +€73 | +16.9% |
| Other operating charges | 640/8 | €231 | €635 | +€404 | +175% |
| Gross operating margin | 9900 | €65,422 | €27,813 | -€37,608 | -57.5% |
| Operating profit (loss) | 9901 | €64,759 | €26,674 | -€38,085 | -58.8% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.7% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.7% |
| Financial charges | 65/66B | €27 | €50 | +€23 | +83.3% |
| Recurring financial charges | 65 | €27 | €50 | +€23 | +83.3% |
| Profit (loss) for the period before taxes | 9903 | €64,735 | €26,624 | -€38,111 | -58.9% |
| Income taxes | 67/77 | €13,248 | €5,706 | -€7,543 | -56.9% |
| Profit (loss) for the period | 9904 | €51,486 | €20,918 | -€30,568 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,486 | €20,918 | -€30,568 | -59.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.