NADINE SALEMBIER DIFFUSION: 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.
NADINE SALEMBIER DIFFUSION
Largest movements
- Receivables within one year +€93,082
up €93,082 (+1,157%), from €8,047 to €101,128
of which Other amounts receivable: +€51,738
- Receivables after one year -€80,000
down €80,000 (-100%), from €80,000 to €0
- Tangible fixed assets -€51,591
down €51,591 (-22.0%), from €233,981 to €182,390
of which Furniture and vehicles: -€33,914
- Cash +€5,810
up €5,810 (+2,489%), from €233 to €6,043
mainly Receivables after one year (+€80,000) and Depreciation (+€40,610)
- Short-term financial debts -€33,261
down €33,261 (-95.3%), from €34,912 to €1,651
- Profit (loss) carried forward +€19,959
up €19,959 (+15.3%), from -€130,661 to -€110,702
- Tax, wage and social debts -€17,615
down €17,615 (-27.6%), from €63,725 to €46,110
of which Remuneration and social security: -€14,105
- Debts after one year +€14,230
up €14,230 (+6.6%), from €217,148 to €231,377
of which Financial debts: +€14,230
- Trade debts -€7,459
down €7,459 (-20.5%), from €36,422 to €28,963
- Depreciation -€34,956
down €34,956 (-46.3%), from €75,566 to €40,610
- Gross operating margin +€24,562
up €24,562 (+7.3%), from €334,954 to €359,516
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 | €435,476 | €402,018 | -€33,458 | -7.7% |
| Fixed assets | 21/28 | €241,986 | €186,682 | -€55,304 | -22.9% |
| Intangible fixed assets | 21 | €8,006 | €4,292 | -€3,714 | -46.4% |
| Tangible fixed assets | 22/27 | €233,981 | €182,390 | -€51,591 | -22.0% |
| Land and buildings | 22 | €154,446 | €137,817 | -€16,629 | -10.8% |
| Plant, machinery and equipment | 23 | €8,985 | €11,723 | +€2,738 | +30.5% |
| Furniture and vehicles | 24 | €65,161 | €31,247 | -€33,914 | -52.0% |
| Leasing and similar rights | 25 | €5,389 | €1,603 | -€3,786 | -70.3% |
| Current assets | 29/58 | €193,489 | €215,336 | +€21,846 | +11.3% |
| Amounts receivable after more than one year | 29 | €80,000 | €0 | -€80,000 | -100% |
| Other amounts receivable | 291 | €80,000 | €0 | -€80,000 | -100% |
| Stocks and contracts in progress | 3 | €95,592 | €95,231 | -€361 | -0.4% |
| Stocks | 30/36 | €95,592 | €95,231 | -€361 | -0.4% |
| Amounts receivable within one year | 40/41 | €8,047 | €101,128 | +€93,082 | +1,157% |
| Trade receivables | 40 | €8,015 | €49,359 | +€41,344 | +516% |
| Other amounts receivable | 41 | €32 | €51,770 | +€51,738 | +161,176% |
| Cash at bank and in hand | 54/58 | €233 | €6,043 | +€5,810 | +2,489% |
| Deferred charges and accrued income | 490/1 | €9,618 | €12,933 | +€3,315 | +34.5% |
| Total equity and liabilities | 10/49 | €435,476 | €402,018 | -€33,458 | -7.7% |
| Equity | 10/15 | €32,103 | €52,061 | +€19,959 | +62.2% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €2,764 | €2,764 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Legal reserve | 130 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €285 | €285 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,661 | -€110,702 | +€19,959 | +15.3% |
| Amounts payable | 17/49 | €403,373 | €349,956 | -€53,417 | -13.2% |
| Amounts payable after more than one year | 17 | €217,148 | €231,377 | +€14,230 | +6.6% |
| Financial debts | 170/4 | €157,148 | €171,377 | +€14,230 | +9.1% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €186,225 | €118,348 | -€67,877 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €38,281 | €30,914 | -€7,367 | -19.2% |
| Financial debts | 43 | €34,912 | €1,651 | -€33,261 | -95.3% |
| Credit institutions | 430/8 | €34,912 | €1,651 | -€33,261 | -95.3% |
| Trade debts | 44 | €36,422 | €28,963 | -€7,459 | -20.5% |
| Suppliers | 440/4 | €36,422 | €28,963 | -€7,459 | -20.5% |
| Taxes, remuneration and social security | 45 | €63,725 | €46,110 | -€17,615 | -27.6% |
| Taxes | 450/3 | €15,976 | €12,466 | -€3,510 | -22.0% |
| Remuneration and social security | 454/9 | €47,749 | €33,644 | -€14,105 | -29.5% |
| Other amounts payable | 47/48 | €12,886 | €10,711 | -€2,175 | -16.9% |
| Accrued charges and deferred income | 492/3 | - | €231 | +€231 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €259,696 | €261,442 | +€1,746 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,566 | €40,610 | -€34,956 | -46.3% |
| Other operating charges | 640/8 | €10,437 | €9,372 | -€1,065 | -10.2% |
| Non-recurring operating charges | 66A | €0 | €1,331 | +€1,331 | |
| Gross operating margin | 9900 | €334,954 | €359,516 | +€24,562 | +7.3% |
| Operating profit (loss) | 9901 | -€10,745 | €46,760 | +€57,505 | |
| Financial income | 75/76B | €1,203 | €26 | -€1,178 | -97.9% |
| Recurring financial income | 75 | €1,203 | €26 | -€1,178 | -97.9% |
| Financial charges | 65/66B | €23,643 | €26,438 | +€2,795 | +11.8% |
| Recurring financial charges | 65 | €23,643 | €26,438 | +€2,795 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€33,185 | €20,348 | +€53,533 | |
| Income taxes | 67/77 | €430 | €389 | -€40 | -9.3% |
| Profit (loss) for the period | 9904 | -€33,614 | €19,959 | +€53,573 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,614 | €19,959 | +€53,573 |
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 24 October 2026 via checked.be.