SALANU: 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.
SALANU
Largest movements
- Tangible fixed assets -€5,551
down €5,551 (-19.2%), from €28,943 to €23,392
of which Plant, machinery and equipment: -€4,084
- Cash +€3,792
up €3,792 (+24.1%), from €15,715 to €19,507
mainly Depreciation (+€5,551) and Other debts (+€3,759)
- Deferred charges and accrued income +€658
up €658 (+49.1%), from €1,339 to €1,997
- Stocks and contracts -€542
down €542 (-35.2%), from €1,543 to €1,000
- Debts after one year -€5,938
down €5,938 (-27.9%), from €21,303 to €15,365
- Other debts +€3,759
up €3,759 (+40.7%), from €9,237 to €12,996
- Trade debts -€3,513
down €3,513 (-72.0%), from €4,880 to €1,367
- Profit (loss) carried forward +€2,935
up €2,935 (+34.0%), from -€8,637 to -€5,702
- Gross operating margin +€31,158
up €31,158 (+175.9%), from €17,719 to €48,877
- Staff costs +€16,279
up €16,279 (+82.5%), from €19,729 to €36,008
- Depreciation +€1,777
up €1,777 (+47.1%), from €3,774 to €5,551
- Other operating charges +€1,234
up €1,234 (+160.6%), from €768 to €2,002
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 | €48,896 | €46,876 | -€2,020 | -4.1% |
| Fixed assets | 21/28 | €29,100 | €23,613 | -€5,486 | -18.9% |
| Tangible fixed assets | 22/27 | €28,943 | €23,392 | -€5,551 | -19.2% |
| Plant, machinery and equipment | 23 | €17,545 | €13,461 | -€4,084 | -23.3% |
| Furniture and vehicles | 24 | €824 | €484 | -€340 | -41.2% |
| Other tangible fixed assets | 26 | €10,574 | €9,446 | -€1,128 | -10.7% |
| Financial fixed assets | 28 | €157 | €222 | +€65 | +41.5% |
| Current assets | 29/58 | €19,796 | €23,263 | +€3,466 | +17.5% |
| Stocks and contracts in progress | 3 | €1,543 | €1,000 | -€542 | -35.2% |
| Stocks | 30/36 | €1,543 | €1,000 | -€542 | -35.2% |
| Amounts receivable within one year | 40/41 | €1,200 | €759 | -€441 | -36.7% |
| Trade receivables | 40 | €381 | €23 | -€358 | -93.9% |
| Other amounts receivable | 41 | €819 | €736 | -€83 | -10.1% |
| Cash at bank and in hand | 54/58 | €15,715 | €19,507 | +€3,792 | +24.1% |
| Deferred charges and accrued income | 490/1 | €1,339 | €1,997 | +€658 | +49.1% |
| Total equity and liabilities | 10/49 | €48,896 | €46,876 | -€2,020 | -4.1% |
| Equity | 10/15 | €1,363 | €4,298 | +€2,935 | +215.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,637 | -€5,702 | +€2,935 | +34.0% |
| Amounts payable | 17/49 | €47,533 | €42,578 | -€4,955 | -10.4% |
| Amounts payable after more than one year | 17 | €21,303 | €15,365 | -€5,938 | -27.9% |
| Financial debts | 170/4 | €21,303 | €15,365 | -€5,938 | -27.9% |
| Amounts payable within one year | 42/48 | €25,194 | €25,883 | +€689 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €5,825 | €5,938 | +€112 | +1.9% |
| Trade debts | 44 | €4,880 | €1,367 | -€3,513 | -72.0% |
| Suppliers | 440/4 | €4,880 | €1,367 | -€3,513 | -72.0% |
| Taxes, remuneration and social security | 45 | €5,251 | €5,582 | +€331 | +6.3% |
| Taxes | 450/3 | €3,200 | €2,413 | -€787 | -24.6% |
| Remuneration and social security | 454/9 | €2,051 | €3,169 | +€1,117 | +54.5% |
| Other amounts payable | 47/48 | €9,237 | €12,996 | +€3,759 | +40.7% |
| Accrued charges and deferred income | 492/3 | €1,036 | €1,329 | +€293 | +28.3% |
| Remuneration, social security and pensions | 62 | €19,729 | €36,008 | +€16,279 | +82.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,774 | €5,551 | +€1,777 | +47.1% |
| Other operating charges | 640/8 | €768 | €2,002 | +€1,234 | +160.6% |
| Gross operating margin | 9900 | €17,719 | €48,877 | +€31,158 | +175.9% |
| Operating profit (loss) | 9901 | -€6,553 | €5,316 | +€11,868 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +3600.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +3600.0% |
| Financial charges | 65/66B | €2,084 | €2,383 | +€300 | +14.4% |
| Recurring financial charges | 65 | €2,084 | €2,383 | +€300 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,637 | €2,935 | +€11,572 | |
| Profit (loss) for the period | 9904 | -€8,637 | €2,935 | +€11,572 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,637 | €2,935 | +€11,572 |
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 30 September 2026 via checked.be.