S.A.L.E.S.: what changed
Two fiscal 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.
S.A.L.E.S.
Largest movements
- Receivables within one year -€40,052
down €40,052 (-97.5%), from €41,095 to €1,044
of which Other amounts receivable: -€38,784
- Cash -€4,530
down €4,530 (-30.1%), from €15,035 to €10,504
mainly Other debts (-€45,068) and Tax, wage and social debts (-€2,323)
- Other debts -€45,068
down €45,068 (-97.8%), from €46,083 to €1,016
- Profit (loss) carried forward +€2,564
up €2,564 (+396.7%), from €646 to €3,210
- Tax, wage and social debts -€2,323
down €2,323 (-87.1%), from €2,667 to €343
- Financial income -€2,110
down €2,110 (-100.0%), from €2,110 to €1
- Other operating charges -€1,394
down €1,394 (-87.3%), from €1,597 to €203
- Gross operating margin -€880
down €880 (-13.9%), from €6,328 to €5,448
- Depreciation +€400
up €400 (+19.0%), from €2,103 to €2,503
- Financial charges +€103
up €103 (+134.1%), from €77 to €179
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.
Cash bridge derived
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 | €116,193 | €70,836 | -€45,357 | -39.0% |
| Fixed assets | 21/28 | €57,727 | €57,067 | -€661 | -1.1% |
| Tangible fixed assets | 22/27 | €57,727 | €57,067 | -€661 | -1.1% |
| Land and buildings | 22 | €18,167 | €17,222 | -€945 | -5.2% |
| Plant, machinery and equipment | 23 | €949 | €1,498 | +€549 | +57.9% |
| Furniture and vehicles | 24 | €38,611 | €38,346 | -€265 | -0.7% |
| Current assets | 29/58 | €58,466 | €13,770 | -€44,696 | -76.4% |
| Stocks and contracts in progress | 3 | €2,240 | €2,222 | -€18 | -0.8% |
| Stocks | 30/36 | €2,240 | €2,222 | -€18 | -0.8% |
| Amounts receivable within one year | 40/41 | €41,095 | €1,044 | -€40,052 | -97.5% |
| Trade receivables | 40 | €2,258 | €991 | -€1,268 | -56.1% |
| Other amounts receivable | 41 | €38,837 | €53 | -€38,784 | -99.9% |
| Cash at bank and in hand | 54/58 | €15,035 | €10,504 | -€4,530 | -30.1% |
| Deferred charges and accrued income | 490/1 | €96 | €0 | -€96 | -100.0% |
| Total equity and liabilities | 10/49 | €116,193 | €70,836 | -€45,357 | -39.0% |
| Equity | 10/15 | €65,967 | €68,530 | +€2,564 | +3.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €55,320 | €55,320 | = | 0.0% |
| Distributable reserves | 133 | €55,320 | €55,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | €646 | €3,210 | +€2,564 | +396.7% |
| Amounts payable | 17/49 | €50,227 | €2,306 | -€47,921 | -95.4% |
| Amounts payable within one year | 42/48 | €50,227 | €2,306 | -€47,921 | -95.4% |
| Trade debts | 44 | €1,477 | €947 | -€530 | -35.9% |
| Suppliers | 440/4 | €1,477 | €947 | -€530 | -35.9% |
| Taxes, remuneration and social security | 45 | €2,667 | €343 | -€2,323 | -87.1% |
| Taxes | 450/3 | €2,667 | €343 | -€2,323 | -87.1% |
| Other amounts payable | 47/48 | €46,083 | €1,016 | -€45,068 | -97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,103 | €2,503 | +€400 | +19.0% |
| Other operating charges | 640/8 | €1,597 | €203 | -€1,394 | -87.3% |
| Gross operating margin | 9900 | €6,328 | €5,448 | -€880 | -13.9% |
| Operating profit (loss) | 9901 | €2,629 | €2,742 | +€113 | +4.3% |
| Financial income | 75/76B | €2,110 | €1 | -€2,110 | -100.0% |
| Recurring financial income | 75 | €2,110 | €1 | -€2,110 | -100.0% |
| Financial charges | 65/66B | €77 | €179 | +€103 | +134.1% |
| Recurring financial charges | 65 | €77 | €179 | +€103 | +134.1% |
| Profit (loss) for the period before taxes | 9903 | €4,663 | €2,564 | -€2,099 | -45.0% |
| Profit (loss) for the period | 9904 | €4,663 | €2,564 | -€2,099 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,663 | €2,564 | -€2,099 | -45.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.