SALAME GYN: 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.
SALAME GYN
Largest movements
- Current investments +€37,198
up €37,198 (+43.4%), from €85,646 to €122,844
- Tangible fixed assets -€29,487
down €29,487 (-4.8%), from €616,551 to €587,065
of which Land and buildings: -€16,985
- Cash +€20,481
up €20,481 (+117%), from €17,483 to €37,964
mainly Net result for the year (+€60,439) and Depreciation (+€35,048)
- Reserves +€60,439
up €60,439 (+15.5%), from €389,108 to €449,547
- Debts after one year -€43,607
down €43,607 (-14.2%), from €307,153 to €263,546
- Gross operating margin +€12,696
up €12,696 (+11.3%), from €112,657 to €125,353
- Taxes +€5,153
up €5,153 (+25.7%), from €20,035 to €25,188
- Financial income +€4,990
up €4,990 (+427%), from €1,168 to €6,158
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 | €750,520 | €771,033 | +€20,513 | +2.7% |
| Fixed assets | 21/28 | €616,551 | €587,065 | -€29,487 | -4.8% |
| Tangible fixed assets | 22/27 | €616,551 | €587,065 | -€29,487 | -4.8% |
| Land and buildings | 22 | €543,371 | €526,386 | -€16,985 | -3.1% |
| Plant, machinery and equipment | 23 | €63,212 | €54,569 | -€8,643 | -13.7% |
| Furniture and vehicles | 24 | €9,968 | €6,109 | -€3,859 | -38.7% |
| Current assets | 29/58 | €133,969 | €183,968 | +€49,999 | +37.3% |
| Amounts receivable within one year | 40/41 | €3,897 | €3,714 | -€183 | -4.7% |
| Trade receivables | 40 | €1,386 | €2,390 | +€1,004 | +72.4% |
| Other amounts receivable | 41 | €2,511 | €1,324 | -€1,186 | -47.3% |
| Current investments | 50/53 | €85,646 | €122,844 | +€37,198 | +43.4% |
| Cash at bank and in hand | 54/58 | €17,483 | €37,964 | +€20,481 | +117% |
| Deferred charges and accrued income | 490/1 | €26,942 | €19,446 | -€7,496 | -27.8% |
| Total equity and liabilities | 10/49 | €750,520 | €771,033 | +€20,513 | +2.7% |
| Equity | 10/15 | €389,108 | €449,547 | +€60,439 | +15.5% |
| Reserves | 13 | €389,108 | €449,547 | +€60,439 | +15.5% |
| Distributable reserves | 133 | €389,108 | €449,547 | +€60,439 | +15.5% |
| Amounts payable | 17/49 | €361,412 | €321,486 | -€39,926 | -11.0% |
| Amounts payable after more than one year | 17 | €307,153 | €263,546 | -€43,607 | -14.2% |
| Financial debts | 170/4 | €307,153 | €263,546 | -€43,607 | -14.2% |
| Amounts payable within one year | 42/48 | €54,260 | €57,941 | +€3,681 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €42,945 | €43,607 | +€662 | +1.5% |
| Trade debts | 44 | €1,225 | €1,018 | -€207 | -16.9% |
| Suppliers | 440/4 | €1,225 | €1,018 | -€207 | -16.9% |
| Taxes, remuneration and social security | 45 | €7,435 | €13,315 | +€5,881 | +79.1% |
| Taxes | 450/3 | €7,435 | €13,315 | +€5,881 | +79.1% |
| Other amounts payable | 47/48 | €2,655 | - | -€2,655 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,979 | €35,048 | +€1,069 | +3.1% |
| Other operating charges | 640/8 | €3,800 | €3,734 | -€66 | -1.7% |
| Gross operating margin | 9900 | €112,657 | €125,353 | +€12,696 | +11.3% |
| Operating profit (loss) | 9901 | €74,878 | €86,571 | +€11,693 | +15.6% |
| Financial income | 75/76B | €1,168 | €6,158 | +€4,990 | +427% |
| Recurring financial income | 75 | €1,168 | €6,158 | +€4,990 | +427% |
| Financial charges | 65/66B | €7,293 | €7,102 | -€191 | -2.6% |
| Recurring financial charges | 65 | €7,027 | €5,825 | -€1,202 | -17.1% |
| Non-recurring financial charges | 66B | €266 | €1,277 | +€1,011 | +380% |
| Profit (loss) for the period before taxes | 9903 | €68,752 | €85,627 | +€16,874 | +24.5% |
| Income taxes | 67/77 | €20,035 | €25,188 | +€5,153 | +25.7% |
| Profit (loss) for the period | 9904 | €48,718 | €60,439 | +€11,721 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,718 | €60,439 | +€11,721 | +24.1% |
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 16 October 2026 via checked.be.