HET SALON: 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.
HET SALON
Largest movements
- Cash +€91,302
up €91,302 (+116%), from €78,619 to €169,920
mainly Current investments (+€80,000) and Net result for the year (+€71,538)
- Current investments -€80,000
down €80,000 (-100%), from €80,000 to €0
- Deferred charges and accrued income +€22,749
up €22,749 (+3,855%), from €590 to €23,339
- Receivables within one year -€15,900
down €15,900 (-22.5%), from €70,516 to €54,615
of which Other amounts receivable: -€14,888
- Financial fixed assets +€4,500
new in 2025: €4,500
- Other debts +€30,303
up €30,303 (+146%), from €20,698 to €51,000
- Debts after one year -€15,573
down €15,573 (-15.2%), from €102,297 to €86,724
- Short-term financial debts +€11,557
up €11,557 (+227%), from €5,088 to €16,646
- Profit (loss) carried forward +€11,538
up €11,538 (+32.1%), from €35,998 to €47,537
- Trade debts -€9,392
down €9,392 (-43.7%), from €21,472 to €12,080
- Gross operating margin +€30,298
up €30,298 (+8.1%), from €373,896 to €404,194
- Staff costs +€13,452
up €13,452 (+4.8%), from €279,001 to €292,452
- Depreciation -€6,361
down €6,361 (-67.7%), from €9,401 to €3,040
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 | €266,924 | €295,066 | +€28,142 | +10.5% |
| Fixed assets | 21/28 | €13,781 | €21,390 | +€7,609 | +55.2% |
| Intangible fixed assets | 21 | €4,889 | €4,310 | -€578 | -11.8% |
| Tangible fixed assets | 22/27 | €8,892 | €12,580 | +€3,687 | +41.5% |
| Land and buildings | 22 | €3,613 | €3,083 | -€529 | -14.7% |
| Plant, machinery and equipment | 23 | €2,028 | €8,135 | +€6,107 | +301% |
| Furniture and vehicles | 24 | €3,252 | €1,361 | -€1,890 | -58.1% |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €253,143 | €273,676 | +€20,532 | +8.1% |
| Stocks and contracts in progress | 3 | €23,419 | €25,801 | +€2,382 | +10.2% |
| Stocks | 30/36 | €23,419 | €25,801 | +€2,382 | +10.2% |
| Amounts receivable within one year | 40/41 | €70,516 | €54,615 | -€15,900 | -22.5% |
| Trade receivables | 40 | €21,446 | €20,433 | -€1,013 | -4.7% |
| Other amounts receivable | 41 | €49,070 | €34,182 | -€14,888 | -30.3% |
| Current investments | 50/53 | €80,000 | €0 | -€80,000 | -100% |
| Cash at bank and in hand | 54/58 | €78,619 | €169,920 | +€91,302 | +116% |
| Deferred charges and accrued income | 490/1 | €590 | €23,339 | +€22,749 | +3,855% |
| Total equity and liabilities | 10/49 | €266,924 | €295,066 | +€28,142 | +10.5% |
| Equity | 10/15 | €56,023 | €67,562 | +€11,538 | +20.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €25 | €25 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25 | €0 | -€25 | -100% |
| Other | 1319 | €25 | €0 | -€25 | -100% |
| Distributable reserves | 133 | - | €25 | +€25 | |
| Profit (loss) carried forward | 14 | €35,998 | €47,537 | +€11,538 | +32.1% |
| Amounts payable | 17/49 | €210,901 | €227,504 | +€16,603 | +7.9% |
| Amounts payable after more than one year | 17 | €102,297 | €86,724 | -€15,573 | -15.2% |
| Financial debts | 170/4 | €102,297 | €86,724 | -€15,573 | -15.2% |
| Amounts payable within one year | 42/48 | €108,604 | €140,781 | +€32,176 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €18,907 | €15,573 | -€3,333 | -17.6% |
| Financial debts | 43 | €5,088 | €16,646 | +€11,557 | +227% |
| Credit institutions | 430/8 | €5,088 | €16,646 | +€11,557 | +227% |
| Trade debts | 44 | €21,472 | €12,080 | -€9,392 | -43.7% |
| Suppliers | 440/4 | €21,472 | €12,080 | -€9,392 | -43.7% |
| Taxes, remuneration and social security | 45 | €42,440 | €45,481 | +€3,042 | +7.2% |
| Taxes | 450/3 | €16,846 | €25,997 | +€9,151 | +54.3% |
| Remuneration and social security | 454/9 | €25,593 | €19,484 | -€6,109 | -23.9% |
| Other amounts payable | 47/48 | €20,698 | €51,000 | +€30,303 | +146% |
| Remuneration, social security and pensions | 62 | €279,001 | €292,452 | +€13,452 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,401 | €3,040 | -€6,361 | -67.7% |
| Other operating charges | 640/8 | €1,742 | €2,349 | +€607 | +34.8% |
| Gross operating margin | 9900 | €373,896 | €404,194 | +€30,298 | +8.1% |
| Operating profit (loss) | 9901 | €83,753 | €106,353 | +€22,601 | +27.0% |
| Financial income | 75/76B | €2,686 | €1,459 | -€1,227 | -45.7% |
| Recurring financial income | 75 | €2,686 | €1,459 | -€1,227 | -45.7% |
| Financial charges | 65/66B | €8,631 | €11,536 | +€2,905 | +33.7% |
| Recurring financial charges | 65 | €8,631 | €11,536 | +€2,905 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €77,807 | €96,276 | +€18,469 | +23.7% |
| Income taxes | 67/77 | €21,724 | €24,738 | +€3,014 | +13.9% |
| Profit (loss) for the period | 9904 | €56,083 | €71,538 | +€15,455 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,083 | €71,538 | +€15,455 | +27.6% |
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 17 October 2026 via checked.be.