salamander U: 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.
salamander U
Largest movements
- Cash -€882,001
down €882,001 (-70.1%), from €1.3m to €377,014
mainly Receivables within one year (-€572,038) and Deferred charges and accrued income (-€426,925)
- Receivables within one year +€572,038
up €572,038 (+223.6%), from €255,863 to €827,901
of which Trade receivables: +€529,465
- Deferred charges and accrued income +€426,925
up €426,925 (+35.6%), from €1.2m to €1.6m
- Intangible fixed assets +€189,217
up €189,217 (+223.5%), from €84,645 to €273,863
- Stocks and contracts +€57,233
up €57,233 (+153.7%), from €37,226 to €94,459
- Accrued charges and deferred income +€842,311
up €842,311 (+110.8%), from €760,530 to €1.6m
- Profit (loss) carried forward -€377,660
down €377,660 (-102.1%), from -€369,958 to -€747,619
- Trade debts -€144,549
down €144,549 (-26.4%), from €547,302 to €402,752
- Depreciation -€148,925
down €148,925 (-92.8%), from €160,488 to €11,564
- Staff costs +€112,297
up €112,297 (+19.3%), from €580,767 to €693,064
- Financial income -€51,701
down €51,701 (-93.2%), from €55,475 to €3,775
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 | €3,063,342 | €3,429,833 | +€366,491 | +12.0% |
| Fixed assets | 21/28 | €312,624 | €504,918 | +€192,295 | +61.5% |
| Intangible fixed assets | 21 | €84,645 | €273,863 | +€189,217 | +223.5% |
| Tangible fixed assets | 22/27 | €11,779 | €14,856 | +€3,077 | +26.1% |
| Furniture and vehicles | 24 | €11,779 | €14,856 | +€3,077 | +26.1% |
| Financial fixed assets | 28 | €216,200 | €216,200 | = | 0.0% |
| Current assets | 29/58 | €2,750,718 | €2,924,914 | +€174,196 | +6.3% |
| Stocks and contracts in progress | 3 | €37,226 | €94,459 | +€57,233 | +153.7% |
| Stocks | 30/36 | €37,226 | €94,459 | +€57,233 | +153.7% |
| Amounts receivable within one year | 40/41 | €255,863 | €827,901 | +€572,038 | +223.6% |
| Trade receivables | 40 | €169,529 | €698,993 | +€529,465 | +312.3% |
| Other amounts receivable | 41 | €86,335 | €128,908 | +€42,573 | +49.3% |
| Cash at bank and in hand | 54/58 | €1,259,014 | €377,014 | -€882,001 | -70.1% |
| Deferred charges and accrued income | 490/1 | €1,198,615 | €1,625,540 | +€426,925 | +35.6% |
| Total equity and liabilities | 10/49 | €3,063,342 | €3,429,833 | +€366,491 | +12.0% |
| Equity | 10/15 | €1,379,897 | €1,002,237 | -€377,660 | -27.4% |
| Contributions | 10/11 | €1,492,158 | €1,492,158 | = | 0.0% |
| Capital | 10 | €1,492,158 | €1,492,158 | = | 0.0% |
| Issued capital | 100 | €1,492,158 | €1,492,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€369,958 | -€747,619 | -€377,660 | -102.1% |
| Investment grants | 15 | €257,698 | €257,698 | = | 0.0% |
| Amounts payable | 17/49 | €1,683,444 | €2,427,595 | +€744,151 | +44.2% |
| Amounts payable after more than one year | 17 | €192,043 | €201,375 | +€9,332 | +4.9% |
| Financial debts | 170/4 | €192,043 | €201,375 | +€9,332 | +4.9% |
| Amounts payable within one year | 42/48 | €730,872 | €623,379 | -€107,493 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €105,600 | €131,244 | +€25,644 | +24.3% |
| Trade debts | 44 | €547,302 | €402,752 | -€144,549 | -26.4% |
| Suppliers | 440/4 | €547,302 | €402,752 | -€144,549 | -26.4% |
| Taxes, remuneration and social security | 45 | €77,193 | €87,458 | +€10,265 | +13.3% |
| Taxes | 450/3 | €1,084 | - | -€1,084 | |
| Remuneration and social security | 454/9 | €76,109 | €87,458 | +€11,349 | +14.9% |
| Other amounts payable | 47/48 | €777 | €1,925 | +€1,148 | +147.7% |
| Accrued charges and deferred income | 492/3 | €760,530 | €1,602,841 | +€842,311 | +110.8% |
| Remuneration, social security and pensions | 62 | €580,767 | €693,064 | +€112,297 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,488 | €11,564 | -€148,925 | -92.8% |
| Other operating charges | 640/8 | €2,297 | €2,248 | -€48 | -2.1% |
| Gross operating margin | 9900 | €336,167 | €338,492 | +€2,325 | +0.7% |
| Operating profit (loss) | 9901 | -€407,386 | -€368,385 | +€39,001 | +9.6% |
| Financial income | 75/76B | €55,475 | €3,775 | -€51,701 | -93.2% |
| Recurring financial income | 75 | €55,475 | €3,775 | -€51,701 | -93.2% |
| Financial charges | 65/66B | €15,534 | €13,281 | -€2,253 | -14.5% |
| Recurring financial charges | 65 | €15,534 | €13,281 | -€2,253 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€367,445 | -€377,891 | -€10,447 | -2.8% |
| Income taxes | 67/77 | €2,514 | -€231 | -€2,745 | |
| Profit (loss) for the period | 9904 | -€369,958 | -€377,660 | -€7,702 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€369,958 | -€377,660 | -€7,702 | -2.1% |
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 3 October 2026 via checked.be.