SALAR SERVICES: 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.
SALAR SERVICES
Largest movements
- Tangible fixed assets -€247,804
down €247,804 (-13.2%), from €1.9m to €1.6m
of which Furniture and vehicles: -€162,162
- Cash +€73,588
up €73,588 (+487%), from €15,113 to €88,700
mainly Depreciation (+€252,939) and Net result for the year (+€129,312)
- Intangible fixed assets +€25,303
up €25,303 (+7.8%), from €324,307 to €349,610
- Tax, wage and social debts -€142,690
down €142,690 (-52.6%), from €271,522 to €128,832
of which Taxes: -€77,498
- Profit (loss) carried forward +€129,312
up €129,312 (+18.7%), from €690,586 to €819,899
- Other debts -€79,909
down €79,909 (-17.8%), from €448,514 to €368,604
- Debts after one year -€65,989
down €65,989 (-11.8%), from €560,083 to €494,094
- Gross operating margin -€502,164
down €502,164 (-23.5%), from €2.1m to €1.6m
- Staff costs -€320,901
down €320,901 (-21.6%), from €1.5m to €1.2m
- Taxes -€201,198
down €201,198 (-84.6%), from €237,898 to €36,699
- Depreciation +€47,905
up €47,905 (+23.4%), from €205,034 to €252,939
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 | €2,223,189 | €2,073,964 | -€149,225 | -6.7% |
| Formation expenses | 20 | €403 | €0 | -€403 | -100% |
| Fixed assets | 21/28 | €2,203,916 | €1,981,415 | -€222,501 | -10.1% |
| Intangible fixed assets | 21 | €324,307 | €349,610 | +€25,303 | +7.8% |
| Tangible fixed assets | 22/27 | €1,879,609 | €1,631,805 | -€247,804 | -13.2% |
| Land and buildings | 22 | €1,320,000 | €1,237,500 | -€82,500 | -6.3% |
| Plant, machinery and equipment | 23 | €14,201 | €11,059 | -€3,142 | -22.1% |
| Furniture and vehicles | 24 | €545,408 | €383,247 | -€162,162 | -29.7% |
| Current assets | 29/58 | €18,869 | €92,548 | +€73,679 | +390% |
| Amounts receivable within one year | 40/41 | €3,757 | €3,848 | +€91 | +2.4% |
| Other amounts receivable | 41 | €3,757 | €3,848 | +€91 | +2.4% |
| Cash at bank and in hand | 54/58 | €15,113 | €88,700 | +€73,588 | +487% |
| Total equity and liabilities | 10/49 | €2,223,189 | €2,073,964 | -€149,225 | -6.7% |
| Equity | 10/15 | €828,086 | €957,399 | +€129,312 | +15.6% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €690,586 | €819,899 | +€129,312 | +18.7% |
| Amounts payable | 17/49 | €1,395,102 | €1,116,565 | -€278,537 | -20.0% |
| Amounts payable after more than one year | 17 | €560,083 | €494,094 | -€65,989 | -11.8% |
| Financial debts | 170/4 | €560,083 | €494,094 | -€65,989 | -11.8% |
| Amounts payable within one year | 42/48 | €835,020 | €622,471 | -€212,548 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €64,897 | €65,989 | +€1,092 | +1.7% |
| Trade debts | 44 | €50,087 | €59,046 | +€8,959 | +17.9% |
| Suppliers | 440/4 | €50,087 | €59,046 | +€8,959 | +17.9% |
| Taxes, remuneration and social security | 45 | €271,522 | €128,832 | -€142,690 | -52.6% |
| Taxes | 450/3 | €98,225 | €20,727 | -€77,498 | -78.9% |
| Remuneration and social security | 454/9 | €173,297 | €108,105 | -€65,192 | -37.6% |
| Other amounts payable | 47/48 | €448,514 | €368,604 | -€79,909 | -17.8% |
| Remuneration, social security and pensions | 62 | €1,487,875 | €1,166,974 | -€320,901 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205,034 | €252,939 | +€47,905 | +23.4% |
| Other operating charges | 640/8 | €13,824 | €13,423 | -€401 | -2.9% |
| Non-recurring operating charges | 66A | €6,882 | €27,798 | +€20,916 | +304% |
| Gross operating margin | 9900 | €2,139,351 | €1,637,187 | -€502,164 | -23.5% |
| Operating profit (loss) | 9901 | €425,736 | €176,054 | -€249,682 | -58.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €11,115 | €10,043 | -€1,072 | -9.6% |
| Recurring financial charges | 65 | €11,115 | €10,043 | -€1,072 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €414,622 | €166,012 | -€248,610 | -60.0% |
| Income taxes | 67/77 | €237,898 | €36,699 | -€201,198 | -84.6% |
| Profit (loss) for the period | 9904 | €176,724 | €129,312 | -€47,412 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €176,724 | €129,312 | -€47,412 | -26.8% |
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 14 October 2026 via checked.be.