LE 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.
LE SALON
Largest movements
- Cash +€10,681
up €10,681 (+44.4%), from €24,081 to €34,762
mainly Net result for the year (+€4,823) and Stocks and contracts (+€3,510)
- Stocks and contracts -€3,510
down €3,510 (-64.3%), from €5,460 to €1,950
- Reserves +€3,523
up €3,523 (+78.5%), from €4,486 to €8,009
of which Distributable reserves: +€3,523
- Trade debts +€1,455
up €1,455 (+118%), from €1,235 to €2,690
- Profit (loss) carried forward +€1,301
no longer reported in 2025 (was -€1,301)
- Tax, wage and social debts +€605
up €605 (+4.2%), from €14,570 to €15,175
of which Taxes: +€3,424
- Gross operating margin +€18,343
up €18,343 (+26.9%), from €68,171 to €86,514
- Staff costs -€9,761
down €9,761 (-10.9%), from €89,928 to €80,167
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 | €38,356 | €45,239 | +€6,883 | +17.9% |
| Fixed assets | 21/28 | €1,226 | €1,226 | = | 0.0% |
| Financial fixed assets | 28 | €1,226 | €1,226 | = | 0.0% |
| Current assets | 29/58 | €37,130 | €44,013 | +€6,883 | +18.5% |
| Stocks and contracts in progress | 3 | €5,460 | €1,950 | -€3,510 | -64.3% |
| Stocks | 30/36 | €5,460 | €1,950 | -€3,510 | -64.3% |
| Amounts receivable within one year | 40/41 | €5,263 | €5,018 | -€245 | -4.7% |
| Other amounts receivable | 41 | €5,263 | €5,018 | -€245 | -4.7% |
| Cash at bank and in hand | 54/58 | €24,081 | €34,762 | +€10,681 | +44.4% |
| Deferred charges and accrued income | 490/1 | €2,326 | €2,283 | -€43 | -1.8% |
| Total equity and liabilities | 10/49 | €38,356 | €45,239 | +€6,883 | +17.9% |
| Equity | 10/15 | €21,786 | €26,609 | +€4,823 | +22.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,486 | €8,009 | +€3,523 | +78.5% |
| Tax-exempt reserves | 132 | €626 | €626 | = | 0.0% |
| Distributable reserves | 133 | €3,860 | €7,383 | +€3,523 | +91.3% |
| Profit (loss) carried forward | 14 | -€1,301 | - | +€1,301 | |
| Amounts payable | 17/49 | €16,571 | €18,630 | +€2,060 | +12.4% |
| Amounts payable within one year | 42/48 | €16,571 | €18,630 | +€2,060 | +12.4% |
| Trade debts | 44 | €1,235 | €2,690 | +€1,455 | +118% |
| Suppliers | 440/4 | €1,235 | €2,690 | +€1,455 | +118% |
| Taxes, remuneration and social security | 45 | €14,570 | €15,175 | +€605 | +4.2% |
| Taxes | 450/3 | €2,829 | €6,254 | +€3,424 | +121% |
| Remuneration and social security | 454/9 | €11,741 | €8,921 | -€2,819 | -24.0% |
| Other amounts payable | 47/48 | €765 | €765 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €89,928 | €80,167 | -€9,761 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338 | - | -€338 | |
| Other operating charges | 640/8 | €713 | €735 | +€23 | +3.2% |
| Gross operating margin | 9900 | €68,171 | €86,514 | +€18,343 | +26.9% |
| Operating profit (loss) | 9901 | -€22,808 | €5,612 | +€28,420 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -64.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -64.8% |
| Financial charges | 65/66B | €277 | €306 | +€30 | +10.7% |
| Recurring financial charges | 65 | €277 | €306 | +€30 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,084 | €5,306 | +€28,390 | |
| Income taxes | 67/77 | - | €482 | +€482 | |
| Profit (loss) for the period | 9904 | -€23,084 | €4,823 | +€27,907 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,084 | €4,823 | +€27,907 |
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 19 October 2026 via checked.be.