Salamox: 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.
What changed
Salamox
NACE 43.331, Floor and wall tiling
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,105
2024 · €7,584+€4,522
Equity
€180,598
2024 · €168,492+€12,105
Cash
-
2024 · €2,778-€2,778
Balance sheet total
€728,564
2024 · €768,117-€39,553
Largest movements
Assets
- Receivables within one year -€69,390
down €69,390 (-20.5%), from €338,268 to €268,877
of which Trade receivables: -€134,710
- Financial fixed assets +€20,387
new in 2025: €20,387
- Tangible fixed assets +€10,101
up €10,101 (+2.4%), from €424,650 to €434,751
of which Furniture and vehicles: +€31,381
Equity and liabilities
- Reserves +€170,598
new in 2025: €170,598
- Profit (loss) carried forward -€158,492
no longer reported in 2025 (was €158,492)
- Other debts -€39,810
down €39,810 (-56.5%), from €70,510 to €30,700
- Accrued charges and deferred income -€14,108
no longer reported in 2025 (was €14,108)
Income statement
- Turnover -€1.2m
no longer reported in 2025 (was €1.2m)
- Purchases and services -€1.1m
no longer reported in 2025 (was €1.1m)
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.
Result 2024
€7,584
Gross operating margin
+€2,051
Staff costs
+€10,359
Depreciation
-€5,293
Other operating charges
-€8,376
Financial income
+€2,112
Financial charges
+€5,452
Taxes
-€1,783
Result 2025
€12,105
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.
From operations
+€60,996
Investment
-€66,738
Financing
+€2,964
Cash 2024
€2,778
From operations (derived)
+€60,996
Net result for the year
+€12,105
Depreciation
+€36,250
Receivables within one year
+€69,390
Deferred charges and accrued income
-€2,127
Trade debts
+€5,219
Tax, wage and social debts
-€5,922
Other debts
-€39,810
Accrued charges and deferred income
-€14,108
Investment (derived)
-€66,738
Investment in fixed assets (net)
-€66,738
Financing
+€2,964
Debts after one year
-€7,545
Current portion of long-term debt
+€3,750
Short-term financial debts
+€6,759
Cash 2025
€0
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €768,117 | €728,564 | -€39,553 | -5.1% |
| Fixed assets | 21/28 | €424,650 | €455,138 | +€30,488 | +7.2% |
| Tangible fixed assets | 22/27 | €424,650 | €434,751 | +€10,101 | +2.4% |
| Land and buildings | 22 | €404,183 | €380,723 | -€23,461 | -5.8% |
| Plant, machinery and equipment | 23 | €2,494 | €4,676 | +€2,181 | +87.4% |
| Furniture and vehicles | 24 | €17,972 | €49,353 | +€31,381 | +174.6% |
| Financial fixed assets | 28 | - | €20,387 | +€20,387 | |
| Current assets | 29/58 | €343,467 | €273,426 | -€70,041 | -20.4% |
| Amounts receivable within one year | 40/41 | €338,268 | €268,877 | -€69,390 | -20.5% |
| Trade receivables | 40 | €279,944 | €145,234 | -€134,710 | -48.1% |
| Other amounts receivable | 41 | €58,323 | €123,643 | +€65,320 | +112.0% |
| Cash at bank and in hand | 54/58 | €2,778 | - | -€2,778 | |
| Deferred charges and accrued income | 490/1 | €2,422 | €4,549 | +€2,127 | +87.8% |
| Total equity and liabilities | 10/49 | €768,117 | €728,564 | -€39,553 | -5.1% |
| Equity | 10/15 | €168,492 | €180,598 | +€12,105 | +7.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €170,598 | +€170,598 | |
| Distributable reserves | 133 | - | €170,598 | +€170,598 | |
| Profit (loss) carried forward | 14 | €158,492 | - | -€158,492 | |
| Amounts payable | 17/49 | €599,625 | €547,967 | -€51,658 | -8.6% |
| Amounts payable after more than one year | 17 | €315,880 | €308,335 | -€7,545 | -2.4% |
| Financial debts | 170/4 | €315,880 | €308,335 | -€7,545 | -2.4% |
| Amounts payable within one year | 42/48 | €269,637 | €239,632 | -€30,005 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €43,825 | €47,575 | +€3,750 | +8.6% |
| Financial debts | 43 | - | €6,759 | +€6,759 | |
| Credit institutions | 430/8 | - | €6,759 | +€6,759 | |
| Trade debts | 44 | €128,374 | €133,593 | +€5,219 | +4.1% |
| Suppliers | 440/4 | €128,374 | €133,593 | +€5,219 | +4.1% |
| Taxes, remuneration and social security | 45 | €26,927 | €21,005 | -€5,922 | -22.0% |
| Taxes | 450/3 | €26,927 | €21,005 | -€5,922 | -22.0% |
| Other amounts payable | 47/48 | €70,510 | €30,700 | -€39,810 | -56.5% |
| Accrued charges and deferred income | 492/3 | €14,108 | - | -€14,108 | |
| Turnover | 70 | €1,166,394 | - | -€1.2m | |
| Non-recurring operating income | 76A | €18,793 | - | -€18,793 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,088,158 | - | -€1.1m | |
| Remuneration, social security and pensions | 62 | €10,495 | €136 | -€10,359 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,957 | €36,250 | +€5,293 | +17.1% |
| Other operating charges | 640/8 | €19,270 | €27,646 | +€8,376 | +43.5% |
| Gross operating margin | 9900 | €108,029 | €110,080 | +€2,051 | +1.9% |
| Operating profit (loss) | 9901 | €47,307 | €46,048 | -€1,259 | -2.7% |
| Financial income | 75/76B | €2,042 | €4,153 | +€2,112 | +103.4% |
| Recurring financial income | 75 | €367 | €4,153 | +€3,786 | +1031.2% |
| Non-recurring financial income | 76B | €1,675 | - | -€1,675 | |
| Financial charges | 65/66B | €33,716 | €28,264 | -€5,452 | -16.2% |
| Recurring financial charges | 65 | €23,348 | €28,264 | +€4,916 | +21.1% |
| Non-recurring financial charges | 66B | €10,368 | - | -€10,368 | |
| Profit (loss) for the period before taxes | 9903 | €15,633 | €21,938 | +€6,305 | +40.3% |
| Income taxes | 67/77 | €8,049 | €9,833 | +€1,783 | +22.2% |
| Profit (loss) for the period | 9904 | €7,584 | €12,105 | +€4,522 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,584 | €12,105 | +€4,522 | +59.6% |
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 6 October 2026 via checked.be.