SALAMANDER: 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.
SALAMANDER
Largest movements
- Receivables within one year +€73,590
up €73,590 (+102%), from €72,291 to €145,881
of which Trade receivables: +€73,344
- Tangible fixed assets -€14,856
down €14,856 (-51.5%), from €28,838 to €13,982
of which Furniture and vehicles: -€14,145
- Intangible fixed assets -€4,932
down €4,932 (-33.4%), from €14,783 to €9,851
- Cash -€4,513
down €4,513 (-81.8%), from €5,516 to €1,003
mainly Receivables within one year (-€73,590) and Trade debts (-€21,886)
- Deferred charges and accrued income -€4,355
down €4,355 (-44.8%), from €9,731 to €5,375
- Reserves +€33,044
up €33,044 (+702%), from €4,706 to €37,750
- Tax, wage and social debts +€28,195
up €28,195 (+269%), from €10,495 to €38,690
of which Taxes: +€28,022
- Trade debts -€21,886
down €21,886 (-85.5%), from €25,598 to €3,712
- Short-term financial debts +€9,799
up €9,799 (+22.3%), from €43,854 to €53,654
- Debts after one year -€8,236
down €8,236 (-37.3%), from €22,058 to €13,822
- Gross operating margin +€58,640
up €58,640 (+80.4%), from €72,898 to €131,539
- Taxes +€12,344
up €12,344 (+2,509%), from €492 to €12,836
- Depreciation +€5,139
up €5,139 (+29.9%), from €17,186 to €22,325
- Staff costs +€1,674
up €1,674 (+3.3%), from €50,531 to €52,205
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 | €131,158 | €176,091 | +€44,933 | +34.3% |
| Fixed assets | 21/28 | €43,621 | €23,833 | -€19,788 | -45.4% |
| Intangible fixed assets | 21 | €14,783 | €9,851 | -€4,932 | -33.4% |
| Tangible fixed assets | 22/27 | €28,838 | €13,982 | -€14,856 | -51.5% |
| Plant, machinery and equipment | 23 | €985 | €581 | -€405 | -41.1% |
| Furniture and vehicles | 24 | €25,997 | €11,852 | -€14,145 | -54.4% |
| Other tangible fixed assets | 26 | €1,856 | €1,550 | -€307 | -16.5% |
| Current assets | 29/58 | €87,537 | €152,259 | +€64,721 | +73.9% |
| Amounts receivable within one year | 40/41 | €72,291 | €145,881 | +€73,590 | +102% |
| Trade receivables | 40 | €70,357 | €143,701 | +€73,344 | +104% |
| Other amounts receivable | 41 | €1,934 | €2,180 | +€246 | +12.7% |
| Cash at bank and in hand | 54/58 | €5,516 | €1,003 | -€4,513 | -81.8% |
| Deferred charges and accrued income | 490/1 | €9,731 | €5,375 | -€4,355 | -44.8% |
| Total equity and liabilities | 10/49 | €131,158 | €176,091 | +€44,933 | +34.3% |
| Equity | 10/15 | €19,651 | €56,350 | +€36,700 | +187% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,706 | €37,750 | +€33,044 | +702% |
| Distributable reserves | 133 | €4,706 | €37,750 | +€33,044 | +702% |
| Profit (loss) carried forward | 14 | -€3,655 | - | +€3,655 | |
| Amounts payable | 17/49 | €111,507 | €119,741 | +€8,234 | +7.4% |
| Amounts payable after more than one year | 17 | €22,058 | €13,822 | -€8,236 | -37.3% |
| Financial debts | 170/4 | €22,058 | €13,822 | -€8,236 | -37.3% |
| Amounts payable within one year | 42/48 | €89,449 | €105,919 | +€16,470 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €7,875 | €8,236 | +€362 | +4.6% |
| Financial debts | 43 | €43,854 | €53,654 | +€9,799 | +22.3% |
| Credit institutions | 430/8 | €43,854 | €53,654 | +€9,799 | +22.3% |
| Trade debts | 44 | €25,598 | €3,712 | -€21,886 | -85.5% |
| Suppliers | 440/4 | €25,598 | €3,712 | -€21,886 | -85.5% |
| Taxes, remuneration and social security | 45 | €10,495 | €38,690 | +€28,195 | +269% |
| Taxes | 450/3 | €1,627 | €29,649 | +€28,022 | +1,722% |
| Remuneration and social security | 454/9 | €8,868 | €9,040 | +€173 | +1.9% |
| Other amounts payable | 47/48 | €1,628 | €1,628 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €50,531 | €52,205 | +€1,674 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,186 | €22,325 | +€5,139 | +29.9% |
| Other operating charges | 640/8 | €2,099 | €1,441 | -€657 | -31.3% |
| Non-recurring operating charges | 66A | €116 | - | -€116 | |
| Gross operating margin | 9900 | €72,898 | €131,539 | +€58,640 | +80.4% |
| Operating profit (loss) | 9901 | €2,966 | €55,567 | +€52,601 | +1,773% |
| Financial income | 75/76B | €57 | €32 | -€25 | -44.0% |
| Recurring financial income | 75 | €57 | €32 | -€25 | -44.0% |
| Financial charges | 65/66B | €6,727 | €6,063 | -€664 | -9.9% |
| Recurring financial charges | 65 | €6,727 | €6,063 | -€664 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,704 | €49,536 | +€53,240 | |
| Income taxes | 67/77 | €492 | €12,836 | +€12,344 | +2,509% |
| Profit (loss) for the period | 9904 | -€4,196 | €36,700 | +€40,896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,196 | €36,700 | +€40,896 |
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.