DE VOS - SALIX: 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.
DE VOS - SALIX
Largest movements
- Receivables within one year +€14,908
up €14,908 (+12.4%), from €119,941 to €134,849
of which Trade receivables: +€13,583
- Cash +€12,619
up €12,619 (+56.5%), from €22,348 to €34,967
mainly Net result for the year (+€52,755) and Depreciation (+€19,021)
- Deferred charges and accrued income +€9,127
up €9,127 (+231%), from €3,944 to €13,072
- Reserves +€52,755
up €52,755 (+31.7%), from €166,545 to €219,301
- Debts after one year -€32,714
down €32,714 (-9.9%), from €329,580 to €296,866
of which Other amounts payable: -€21,049
- Trade debts +€12,058
up €12,058 (+20.9%), from €57,743 to €69,801
- Tax, wage and social debts +€8,504
up €8,504 (+206%), from €4,130 to €12,634
of which Taxes: +€8,081
- Gross operating margin +€70,071
up €70,071 (+133%), from €52,857 to €122,928
- Taxes +€17,561
up €17,561 (+2,604%), from €674 to €18,235
- Staff costs +€2,517
up €2,517 (+30.9%), from €8,142 to €10,659
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 | €600,446 | €641,894 | +€41,448 | +6.9% |
| Fixed assets | 21/28 | €354,113 | €359,713 | +€5,599 | +1.6% |
| Tangible fixed assets | 22/27 | €354,029 | €359,628 | +€5,599 | +1.6% |
| Land and buildings | 22 | €341,714 | €345,545 | +€3,831 | +1.1% |
| Plant, machinery and equipment | 23 | €10,687 | €9,312 | -€1,375 | -12.9% |
| Furniture and vehicles | 24 | €1,628 | €4,772 | +€3,144 | +193% |
| Financial fixed assets | 28 | €84 | €84 | = | 0.0% |
| Current assets | 29/58 | €246,332 | €282,181 | +€35,849 | +14.6% |
| Stocks and contracts in progress | 3 | €100,098 | €99,293 | -€805 | -0.8% |
| Stocks | 30/36 | €100,098 | €99,293 | -€805 | -0.8% |
| Amounts receivable within one year | 40/41 | €119,941 | €134,849 | +€14,908 | +12.4% |
| Trade receivables | 40 | €117,357 | €130,940 | +€13,583 | +11.6% |
| Other amounts receivable | 41 | €2,584 | €3,909 | +€1,325 | +51.3% |
| Cash at bank and in hand | 54/58 | €22,348 | €34,967 | +€12,619 | +56.5% |
| Deferred charges and accrued income | 490/1 | €3,944 | €13,072 | +€9,127 | +231% |
| Total equity and liabilities | 10/49 | €600,446 | €641,894 | +€41,448 | +6.9% |
| Equity | 10/15 | €185,545 | €238,301 | +€52,755 | +28.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €166,545 | €219,301 | +€52,755 | +31.7% |
| Distributable reserves | 133 | €166,545 | €219,301 | +€52,755 | +31.7% |
| Amounts payable | 17/49 | €414,900 | €403,593 | -€11,307 | -2.7% |
| Amounts payable after more than one year | 17 | €329,580 | €296,866 | -€32,714 | -9.9% |
| Financial debts | 170/4 | €193,146 | €181,481 | -€11,665 | -6.0% |
| Other amounts payable | 178/9 | €136,434 | €115,385 | -€21,049 | -15.4% |
| Amounts payable within one year | 42/48 | €73,007 | €94,100 | +€21,092 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €11,135 | €11,665 | +€530 | +4.8% |
| Trade debts | 44 | €57,743 | €69,801 | +€12,058 | +20.9% |
| Suppliers | 440/4 | €57,743 | €69,801 | +€12,058 | +20.9% |
| Taxes, remuneration and social security | 45 | €4,130 | €12,634 | +€8,504 | +206% |
| Taxes | 450/3 | €2,620 | €10,701 | +€8,081 | +308% |
| Remuneration and social security | 454/9 | €1,510 | €1,933 | +€424 | +28.1% |
| Accrued charges and deferred income | 492/3 | €12,313 | €12,627 | +€314 | +2.5% |
| Remuneration, social security and pensions | 62 | €8,142 | €10,659 | +€2,517 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,190 | €19,021 | -€168 | -0.9% |
| Other operating charges | 640/8 | €2,514 | €3,401 | +€887 | +35.3% |
| Gross operating margin | 9900 | €52,857 | €122,928 | +€70,071 | +133% |
| Operating profit (loss) | 9901 | €23,011 | €89,847 | +€66,836 | +290% |
| Financial income | 75/76B | €2 | €29 | +€27 | +1,286% |
| Recurring financial income | 75 | €2 | €29 | +€27 | +1,286% |
| Financial charges | 65/66B | €18,926 | €18,885 | -€41 | -0.2% |
| Recurring financial charges | 65 | €18,926 | €18,885 | -€41 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €4,087 | €70,991 | +€66,904 | +1,637% |
| Income taxes | 67/77 | €674 | €18,235 | +€17,561 | +2,604% |
| Profit (loss) for the period | 9904 | €3,412 | €52,755 | +€49,343 | +1,446% |
| Profit (loss) for the period to be appropriated | 9905 | €3,412 | €52,755 | +€49,343 | +1,446% |
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 29 October 2026 via checked.be.