SALAMAH: 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.
SALAMAH
Largest movements
- Stocks and contracts -€288,339
no longer reported in 2025 (was €288,339)
- Other debts -€148,763
down €148,763 (-58.0%), from €256,681 to €107,918
- Current portion of long-term debt -€85,000
no longer reported in 2025 (was €85,000)
- Trade debts -€43,408
down €43,408 (-97.3%), from €44,621 to €1,213
- Profit (loss) carried forward -€10,305
down €10,305 (-10.2%), from -€100,744 to -€111,049
- Gross operating margin -€59,005
down €59,005, from €52,326 to -€6,679
- Financial charges -€21,960
down €21,960 (-91.5%), from €23,987 to €2,027
- Other operating charges -€18,267
down €18,267 (-91.6%), from €19,951 to €1,684
- Financial income -€11,113
down €11,113 (-99.2%), from €11,199 to €85
of which Non-recurring financial income: -€11,199
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 | €288,341 | €82 | -€288,259 | -100.0% |
| Current assets | 29/58 | €288,341 | €82 | -€288,259 | -100.0% |
| Stocks and contracts in progress | 3 | €288,339 | - | -€288,339 | |
| Stocks | 30/36 | €288,339 | - | -€288,339 | |
| Cash at bank and in hand | 54/58 | €2 | €82 | +€80 | +4787.5% |
| Total equity and liabilities | 10/49 | €288,341 | €82 | -€288,259 | -100.0% |
| Equity | 10/15 | -€98,744 | -€109,049 | -€10,305 | -10.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,744 | -€111,049 | -€10,305 | -10.2% |
| Amounts payable | 17/49 | €387,085 | €109,131 | -€277,954 | -71.8% |
| Amounts payable within one year | 42/48 | €387,085 | €109,131 | -€277,954 | -71.8% |
| Current portion of amounts payable after more than one year | 42 | €85,000 | - | -€85,000 | |
| Financial debts | 43 | €783 | - | -€783 | |
| Credit institutions | 430/8 | €783 | - | -€783 | |
| Trade debts | 44 | €44,621 | €1,213 | -€43,408 | -97.3% |
| Suppliers | 440/4 | €44,621 | €1,213 | -€43,408 | -97.3% |
| Other amounts payable | 47/48 | €256,681 | €107,918 | -€148,763 | -58.0% |
| Other operating charges | 640/8 | €19,951 | €1,684 | -€18,267 | -91.6% |
| Gross operating margin | 9900 | €52,326 | -€6,679 | -€59,005 | |
| Operating profit (loss) | 9901 | €32,375 | -€8,363 | -€40,738 | |
| Financial income | 75/76B | €11,199 | €85 | -€11,113 | -99.2% |
| Recurring financial income | 75 | €11,199 | €85 | -€11,113 | -99.2% |
| Non-recurring financial income | 76B | €11,199 | - | -€11,199 | |
| Financial charges | 65/66B | €23,987 | €2,027 | -€21,960 | -91.5% |
| Recurring financial charges | 65 | €23,987 | €2,027 | -€21,960 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | €19,587 | -€10,305 | -€29,892 | |
| Profit (loss) for the period | 9904 | €19,587 | -€10,305 | -€29,892 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,587 | -€10,305 | -€29,892 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.