SALA CAPITAL: 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.
SALA CAPITAL
Largest movements
- Receivables within one year -€23,083
down €23,083 (-55.8%), from €41,394 to €18,310
of which Trade receivables: -€22,321
- Tangible fixed assets +€2,011
up €2,011 (+13.0%), from €15,500 to €17,511
- Cash -€872
down €872 (-76.3%), from €1,144 to €271
mainly Trade debts (-€23,663) and Investment in fixed assets (net) (-€2,284)
- Trade debts -€23,663
down €23,663 (-88.7%), from €26,681 to €3,018
- Tax, wage and social debts +€3,348
up €3,348 (+42.2%), from €7,926 to €11,273
- Profit (loss) carried forward -€1,630
down €1,630 (-7.6%), from €21,431 to €19,801
- Gross operating margin -€38,537
down €38,537, from €37,156 to -€1,382
- Depreciation -€6,948
down €6,948 (-96.2%), from €7,221 to €273
- Taxes -€6,222
down €6,222 (-90.3%), from €6,894 to €672
- Other operating charges -€2,000
down €2,000 (-100.0%), from €2,000 to €0
- Financial income +€378
up €378 (+74.7%), from €505 to €883
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 | €58,037 | €36,092 | -€21,945 | -37.8% |
| Fixed assets | 21/28 | €15,500 | €17,511 | +€2,011 | +13.0% |
| Tangible fixed assets | 22/27 | €15,500 | €17,511 | +€2,011 | +13.0% |
| Furniture and vehicles | 24 | €15,500 | €17,511 | +€2,011 | +13.0% |
| Current assets | 29/58 | €42,538 | €18,582 | -€23,956 | -56.3% |
| Amounts receivable within one year | 40/41 | €41,394 | €18,310 | -€23,083 | -55.8% |
| Trade receivables | 40 | €24,721 | €2,400 | -€22,321 | -90.3% |
| Other amounts receivable | 41 | €16,673 | €15,910 | -€763 | -4.6% |
| Cash at bank and in hand | 54/58 | €1,144 | €271 | -€872 | -76.3% |
| Total equity and liabilities | 10/49 | €58,037 | €36,092 | -€21,945 | -37.8% |
| Equity | 10/15 | €23,431 | €21,801 | -€1,630 | -7.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,431 | €19,801 | -€1,630 | -7.6% |
| Amounts payable | 17/49 | €34,607 | €14,291 | -€20,316 | -58.7% |
| Amounts payable within one year | 42/48 | €34,607 | €14,291 | -€20,316 | -58.7% |
| Trade debts | 44 | €26,681 | €3,018 | -€23,663 | -88.7% |
| Suppliers | 440/4 | €26,681 | €3,018 | -€23,663 | -88.7% |
| Taxes, remuneration and social security | 45 | €7,926 | €11,273 | +€3,348 | +42.2% |
| Taxes | 450/3 | €7,926 | €11,273 | +€3,348 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,221 | €273 | -€6,948 | -96.2% |
| Other operating charges | 640/8 | €2,000 | €0 | -€2,000 | -100.0% |
| Gross operating margin | 9900 | €37,156 | -€1,382 | -€38,537 | |
| Operating profit (loss) | 9901 | €27,935 | -€1,655 | -€29,590 | |
| Financial income | 75/76B | €505 | €883 | +€378 | +74.7% |
| Recurring financial income | 75 | €505 | €883 | +€378 | +74.7% |
| Financial charges | 65/66B | €116 | €186 | +€70 | +60.7% |
| Recurring financial charges | 65 | €116 | €186 | +€70 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €28,324 | -€958 | -€29,282 | |
| Income taxes | 67/77 | €6,894 | €672 | -€6,222 | -90.3% |
| Profit (loss) for the period | 9904 | €21,431 | -€1,630 | -€23,060 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,431 | -€1,630 | -€23,060 |
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 30 October 2026 via checked.be.