SALARY PAY: 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.
SALARY PAY
Largest movements
- Receivables within one year +€16,594
up €16,594 (+31.6%), from €52,510 to €69,104
of which Trade receivables: +€9,605
- Cash +€6,587
up €6,587 (+61.4%), from €10,734 to €17,321
mainly Other debts (+€60,000) and Depreciation (+€12,824)
- Tangible fixed assets -€6,228
down €6,228 (-35.1%), from €17,718 to €11,490
of which Leasing and similar rights: -€5,891
- Intangible fixed assets -€5,315
down €5,315 (-57.4%), from €9,261 to €3,946
- Deferred charges and accrued income -€5,020
down €5,020 (-100%), from €5,020 to €0
- Other debts +€60,000
new in 2025: €60,000
- Profit (loss) carried forward -€59,485
down €59,485 (-87.5%), from €67,987 to €8,502
- Tax, wage and social debts +€9,856
up €9,856 (+186%), from €5,299 to €15,155
- Debts after one year -€5,641
down €5,641 (-54.5%), from €10,353 to €4,712
- Trade debts +€1,949
up €1,949 (+47.1%), from €4,137 to €6,086
- Gross operating margin +€13,107
up €13,107 (+68.4%), from €19,171 to €32,278
- Taxes +€1,204
up €1,204 (+41.7%), from €2,890 to €4,094
- Financial charges +€631
up €631 (+26.9%), from €2,342 to €2,973
- Other operating charges -€417
down €417 (-24.5%), from €1,702 to €1,285
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 | €96,243 | €102,862 | +€6,619 | +6.9% |
| Fixed assets | 21/28 | €27,979 | €16,436 | -€11,543 | -41.3% |
| Intangible fixed assets | 21 | €9,261 | €3,946 | -€5,315 | -57.4% |
| Tangible fixed assets | 22/27 | €17,718 | €11,490 | -€6,228 | -35.1% |
| Furniture and vehicles | 24 | €2,992 | €2,655 | -€337 | -11.3% |
| Leasing and similar rights | 25 | €14,726 | €8,835 | -€5,891 | -40.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €68,264 | €86,425 | +€18,161 | +26.6% |
| Amounts receivable within one year | 40/41 | €52,510 | €69,104 | +€16,594 | +31.6% |
| Trade receivables | 40 | €52,510 | €62,115 | +€9,605 | +18.3% |
| Other amounts receivable | 41 | - | €6,989 | +€6,989 | |
| Cash at bank and in hand | 54/58 | €10,734 | €17,321 | +€6,587 | +61.4% |
| Deferred charges and accrued income | 490/1 | €5,020 | €0 | -€5,020 | -100% |
| Total equity and liabilities | 10/49 | €96,243 | €102,862 | +€6,619 | +6.9% |
| Equity | 10/15 | €70,787 | €11,302 | -€59,485 | -84.0% |
| Contributions | 10/11 | €2,800 | €2,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,987 | €8,502 | -€59,485 | -87.5% |
| Amounts payable | 17/49 | €25,456 | €91,559 | +€66,103 | +260% |
| Amounts payable after more than one year | 17 | €10,353 | €4,712 | -€5,641 | -54.5% |
| Financial debts | 170/4 | €10,353 | €4,712 | -€5,641 | -54.5% |
| Amounts payable within one year | 42/48 | €15,103 | €86,847 | +€71,744 | +475% |
| Current portion of amounts payable after more than one year | 42 | €5,667 | €5,606 | -€61 | -1.1% |
| Trade debts | 44 | €4,137 | €6,086 | +€1,949 | +47.1% |
| Suppliers | 440/4 | €4,137 | €6,086 | +€1,949 | +47.1% |
| Taxes, remuneration and social security | 45 | €5,299 | €15,155 | +€9,856 | +186% |
| Taxes | 450/3 | €5,299 | €15,155 | +€9,856 | +186% |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,702 | €12,824 | +€122 | +1.0% |
| Other operating charges | 640/8 | €1,702 | €1,285 | -€417 | -24.5% |
| Gross operating margin | 9900 | €19,171 | €32,278 | +€13,107 | +68.4% |
| Operating profit (loss) | 9901 | €4,767 | €18,169 | +€13,402 | +281% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,342 | €2,973 | +€631 | +26.9% |
| Recurring financial charges | 65 | €2,342 | €2,973 | +€631 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €2,425 | €15,197 | +€12,772 | +527% |
| Income taxes | 67/77 | €2,890 | €4,094 | +€1,204 | +41.7% |
| Profit (loss) for the period | 9904 | -€465 | €11,103 | +€11,568 | |
| Profit (loss) for the period to be appropriated | 9905 | -€465 | €11,103 | +€11,568 |
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 20 October 2026 via checked.be.