SALA: 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.
SALA
Largest movements
- Receivables within one year +€60,493
up €60,493 (+239.3%), from €25,274 to €85,766
of which Trade receivables: +€56,803
- Stocks and contracts -€9,650
down €9,650 (-96.2%), from €10,036 to €386
- Tangible fixed assets -€4,449
down €4,449 (-32.4%), from €13,718 to €9,269
of which Plant, machinery and equipment: -€3,245
- Profit (loss) carried forward +€35,914
up €35,914 (+47.7%), from -€75,221 to -€39,307
- Trade debts +€9,525
up €9,525 (+14.5%), from €65,685 to €75,210
- Other debts +€1,414
up €1,414 (+2.4%), from €59,869 to €61,284
- Gross operating margin +€47,144
up €47,144 (+2220.0%), from €2,124 to €49,268
- Other operating charges +€2,057
up €2,057 (+31.7%), from €6,483 to €8,540
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 | €69,207 | €116,060 | +€46,853 | +67.7% |
| Fixed assets | 21/28 | €18,836 | €14,388 | -€4,449 | -23.6% |
| Tangible fixed assets | 22/27 | €13,718 | €9,269 | -€4,449 | -32.4% |
| Plant, machinery and equipment | 23 | €11,310 | €8,065 | -€3,245 | -28.7% |
| Furniture and vehicles | 24 | €2,408 | €1,204 | -€1,204 | -50.0% |
| Financial fixed assets | 28 | €5,119 | €5,119 | = | 0.0% |
| Current assets | 29/58 | €50,371 | €101,673 | +€51,302 | +101.8% |
| Stocks and contracts in progress | 3 | €10,036 | €386 | -€9,650 | -96.2% |
| Stocks | 30/36 | €10,036 | €386 | -€9,650 | -96.2% |
| Amounts receivable within one year | 40/41 | €25,274 | €85,766 | +€60,493 | +239.3% |
| Trade receivables | 40 | €14,680 | €71,483 | +€56,803 | +387.0% |
| Other amounts receivable | 41 | €10,594 | €14,283 | +€3,689 | +34.8% |
| Cash at bank and in hand | 54/58 | €15,061 | €15,520 | +€459 | +3.0% |
| Total equity and liabilities | 10/49 | €69,207 | €116,060 | +€46,853 | +67.7% |
| Equity | 10/15 | -€56,347 | -€20,433 | +€35,914 | +63.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €274 | €274 | = | 0.0% |
| Non-distributable reserves | 130/1 | €274 | €274 | = | 0.0% |
| Legal reserve | 130 | €274 | €274 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,221 | -€39,307 | +€35,914 | +47.7% |
| Amounts payable | 17/49 | €125,554 | €136,494 | +€10,939 | +8.7% |
| Amounts payable within one year | 42/48 | €125,554 | €136,494 | +€10,939 | +8.7% |
| Trade debts | 44 | €65,685 | €75,210 | +€9,525 | +14.5% |
| Suppliers | 440/4 | €65,685 | €75,210 | +€9,525 | +14.5% |
| Other amounts payable | 47/48 | €59,869 | €61,284 | +€1,414 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,449 | €4,449 | -€0 | 0.0% |
| Other operating charges | 640/8 | €6,483 | €8,540 | +€2,057 | +31.7% |
| Gross operating margin | 9900 | €2,124 | €49,268 | +€47,144 | +2220.0% |
| Operating profit (loss) | 9901 | -€8,808 | €36,280 | +€45,088 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €92 | €366 | +€274 | +297.4% |
| Recurring financial charges | 65 | €92 | €366 | +€274 | +297.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,900 | €35,914 | +€44,814 | |
| Profit (loss) for the period | 9904 | -€8,900 | €35,914 | +€44,814 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,900 | €35,914 | +€44,814 |
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 5 October 2026 via checked.be.