SALAETS MANAGEMENT: 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.
SALAETS MANAGEMENT
Largest movements
- Cash +€15,275
up €15,275 (+33.6%), from €45,474 to €60,750
mainly Other debts (+€58,500) and Net result for the year (+€20,930)
- Receivables within one year +€5,566
up €5,566 (+200%), from €2,783 to €8,349
- Other debts +€58,500
new in 2025: €58,500
- Profit (loss) carried forward -€37,570
down €37,570 (-100.0%), from €37,583 to €13
No income-statement line moved by more than 1% of the activity.
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 | €48,257 | €69,099 | +€20,841 | +43.2% |
| Current assets | 29/58 | €48,257 | €69,099 | +€20,841 | +43.2% |
| Amounts receivable within one year | 40/41 | €2,783 | €8,349 | +€5,566 | +200% |
| Trade receivables | 40 | €2,783 | €8,349 | +€5,566 | +200% |
| Cash at bank and in hand | 54/58 | €45,474 | €60,750 | +€15,275 | +33.6% |
| Total equity and liabilities | 10/49 | €48,257 | €69,099 | +€20,841 | +43.2% |
| Equity | 10/15 | €40,083 | €2,513 | -€37,570 | -93.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,583 | €13 | -€37,570 | -100.0% |
| Amounts payable | 17/49 | €8,174 | €66,585 | +€58,412 | +715% |
| Amounts payable within one year | 42/48 | €8,174 | €66,585 | +€58,412 | +715% |
| Taxes, remuneration and social security | 45 | €8,174 | €8,085 | -€88 | -1.1% |
| Taxes | 450/3 | €8,174 | €8,085 | -€88 | -1.1% |
| Other amounts payable | 47/48 | - | €58,500 | +€58,500 | |
| Other operating charges | 640/8 | €118 | €62 | -€56 | -47.4% |
| Gross operating margin | 9900 | €26,549 | €26,292 | -€257 | -1.0% |
| Operating profit (loss) | 9901 | €26,431 | €26,230 | -€201 | -0.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €67 | €68 | +€1 | +2.0% |
| Recurring financial charges | 65 | €67 | €68 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €26,365 | €26,162 | -€203 | -0.8% |
| Income taxes | 67/77 | €5,273 | €5,232 | -€41 | -0.8% |
| Profit (loss) for the period | 9904 | €21,092 | €20,930 | -€162 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,092 | €20,930 | -€162 | -0.8% |
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 15 October 2026 via checked.be.