AS-SALAAM: 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.
AS-SALAAM
Largest movements
- Receivables within one year +€24,002
up €24,002 (+77.7%), from €30,897 to €54,899
of which Trade receivables: +€25,328
- Cash +€3,511
up €3,511 (+252%), from €1,396 to €4,907
mainly Net result for the year (+€26,695) and Trade debts (+€24,000)
- Tangible fixed assets -€2,633
down €2,633 (-55.3%), from €4,763 to €2,130
of which Other tangible fixed assets: -€2,114
- Other debts -€29,540
down €29,540 (-73.6%), from €40,112 to €10,572
- Profit (loss) carried forward +€26,695
up €26,695 (+42.8%), from -€62,332 to -€35,637
- Trade debts +€24,000
up €24,000 (+70.6%), from €33,998 to €57,998
- Tax, wage and social debts +€3,320
up €3,320 (+29.6%), from €11,228 to €14,548
of which Remuneration and social security: +€1,963
- Gross operating margin +€30,057
up €30,057 (+1,635%), from €1,839 to €31,896
- Purchases and services -€29,527
down €29,527 (-22.5%), from €131,331 to €101,804
- Staff costs -€11,154
down €11,154 (-96.7%), from €11,537 to €383
- Turnover -€2,100
down €2,100 (-1.6%), from €131,911 to €129,811
- Depreciation -€1,338
down €1,338 (-33.7%), from €3,971 to €2,633
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 | €38,006 | €62,481 | +€24,475 | +64.4% |
| Fixed assets | 21/28 | €4,763 | €2,130 | -€2,633 | -55.3% |
| Tangible fixed assets | 22/27 | €4,763 | €2,130 | -€2,633 | -55.3% |
| Plant, machinery and equipment | 23 | €95 | - | -€95 | |
| Furniture and vehicles | 24 | €423 | - | -€423 | |
| Other tangible fixed assets | 26 | €4,244 | €2,130 | -€2,114 | -49.8% |
| Current assets | 29/58 | €33,243 | €60,351 | +€27,108 | +81.5% |
| Stocks and contracts in progress | 3 | €950 | €545 | -€405 | -42.6% |
| Stocks | 30/36 | €950 | €545 | -€405 | -42.6% |
| Amounts receivable within one year | 40/41 | €30,897 | €54,899 | +€24,002 | +77.7% |
| Trade receivables | 40 | €29,571 | €54,899 | +€25,328 | +85.6% |
| Other amounts receivable | 41 | €1,326 | - | -€1,326 | |
| Cash at bank and in hand | 54/58 | €1,396 | €4,907 | +€3,511 | +252% |
| Total equity and liabilities | 10/49 | €38,006 | €62,481 | +€24,475 | +64.4% |
| Equity | 10/15 | -€47,332 | -€20,637 | +€26,695 | +56.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Contributions outside capital | 11 | €15,000 | €15,000 | = | 0.0% |
| Other | 1109/19 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,332 | -€35,637 | +€26,695 | +42.8% |
| Amounts payable | 17/49 | €85,338 | €83,118 | -€2,220 | -2.6% |
| Amounts payable within one year | 42/48 | €85,338 | €83,118 | -€2,220 | -2.6% |
| Trade debts | 44 | €33,998 | €57,998 | +€24,000 | +70.6% |
| Suppliers | 440/4 | €33,998 | €57,998 | +€24,000 | +70.6% |
| Taxes, remuneration and social security | 45 | €11,228 | €14,548 | +€3,320 | +29.6% |
| Taxes | 450/3 | - | €1,357 | +€1,357 | |
| Remuneration and social security | 454/9 | €11,228 | €13,191 | +€1,963 | +17.5% |
| Other amounts payable | 47/48 | €40,112 | €10,572 | -€29,540 | -73.6% |
| Turnover | 70 | €131,911 | €129,811 | -€2,100 | -1.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €131,331 | €101,804 | -€29,527 | -22.5% |
| Remuneration, social security and pensions | 62 | €11,537 | €383 | -€11,154 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,971 | €2,633 | -€1,338 | -33.7% |
| Other operating charges | 640/8 | €574 | €1,156 | +€582 | +101% |
| Gross operating margin | 9900 | €1,839 | €31,896 | +€30,057 | +1,635% |
| Operating profit (loss) | 9901 | -€14,243 | €27,724 | +€41,968 | |
| Financial charges | 65/66B | €371 | €1,030 | +€658 | +177% |
| Recurring financial charges | 65 | €371 | €1,030 | +€658 | +177% |
| Profit (loss) for the period before taxes | 9903 | -€14,615 | €26,695 | +€41,310 | |
| Profit (loss) for the period | 9904 | -€14,615 | €26,695 | +€41,310 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,615 | €26,695 | +€41,310 |
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 27 October 2026 via checked.be.