Salchrist: 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.
Salchrist
Largest movements
- Receivables within one year +€20,473
up €20,473 (+48.2%), from €42,474 to €62,947
of which Other amounts receivable: +€11,790
- Tangible fixed assets -€18,833
down €18,833 (-56.4%), from €33,403 to €14,569
of which Furniture and vehicles: -€19,587
- Cash -€10,935
down €10,935 (-26.9%), from €40,603 to €29,669
mainly Receivables within one year (-€20,473) and Current portion of long-term debt (-€7,636)
- Current portion of long-term debt -€7,636
down €7,636 (-60.2%), from €12,683 to €5,047
- Tax, wage and social debts -€6,179
down €6,179 (-26.4%), from €23,404 to €17,225
- Debts after one year -€5,047
down €5,047 (-100.0%), from €5,047 to €0
- Reserves +€4,908
up €4,908 (+6.8%), from €72,246 to €77,153
- Trade debts +€3,413
up €3,413 (+154.1%), from €2,214 to €5,627
- Gross operating margin -€16,971
down €16,971 (-32.5%), from €52,198 to €35,227
- Taxes -€4,830
down €4,830 (-44.3%), from €10,908 to €6,078
- Financial income +€1,969
up €1,969 (+3514.5%), from €56 to €2,025
- Financial charges -€726
down €726 (-54.8%), from €1,326 to €600
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 | €134,194 | €124,338 | -€9,856 | -7.3% |
| Fixed assets | 21/28 | €50,117 | €31,283 | -€18,833 | -37.6% |
| Tangible fixed assets | 22/27 | €33,403 | €14,569 | -€18,833 | -56.4% |
| Plant, machinery and equipment | 23 | - | €754 | +€754 | |
| Furniture and vehicles | 24 | €33,403 | €13,816 | -€19,587 | -58.6% |
| Financial fixed assets | 28 | €16,714 | €16,714 | = | 0.0% |
| Current assets | 29/58 | €84,078 | €93,055 | +€8,977 | +10.7% |
| Amounts receivable within one year | 40/41 | €42,474 | €62,947 | +€20,473 | +48.2% |
| Trade receivables | 40 | €8,866 | €17,549 | +€8,683 | +97.9% |
| Other amounts receivable | 41 | €33,608 | €45,398 | +€11,790 | +35.1% |
| Cash at bank and in hand | 54/58 | €40,603 | €29,669 | -€10,935 | -26.9% |
| Deferred charges and accrued income | 490/1 | €1,000 | €439 | -€561 | -56.1% |
| Total equity and liabilities | 10/49 | €134,194 | €124,338 | -€9,856 | -7.3% |
| Equity | 10/15 | €90,846 | €95,753 | +€4,908 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,246 | €77,153 | +€4,908 | +6.8% |
| Distributable reserves | 133 | €72,246 | €77,153 | +€4,908 | +6.8% |
| Amounts payable | 17/49 | €43,349 | €28,585 | -€14,764 | -34.1% |
| Amounts payable after more than one year | 17 | €5,047 | €0 | -€5,047 | -100.0% |
| Financial debts | 170/4 | €5,047 | €0 | -€5,047 | -100.0% |
| Amounts payable within one year | 42/48 | €38,301 | €28,585 | -€9,717 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €12,683 | €5,047 | -€7,636 | -60.2% |
| Financial debts | 43 | - | €685 | +€685 | |
| Credit institutions | 430/8 | - | €685 | +€685 | |
| Trade debts | 44 | €2,214 | €5,627 | +€3,413 | +154.1% |
| Suppliers | 440/4 | €2,214 | €5,627 | +€3,413 | +154.1% |
| Taxes, remuneration and social security | 45 | €23,404 | €17,225 | -€6,179 | -26.4% |
| Taxes | 450/3 | €23,404 | €17,225 | -€6,179 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,024 | €19,709 | -€315 | -1.6% |
| Other operating charges | 640/8 | €6,002 | €5,958 | -€43 | -0.7% |
| Gross operating margin | 9900 | €52,198 | €35,227 | -€16,971 | -32.5% |
| Operating profit (loss) | 9901 | €26,172 | €9,560 | -€16,612 | -63.5% |
| Financial income | 75/76B | €56 | €2,025 | +€1,969 | +3514.5% |
| Recurring financial income | 75 | €56 | €2,025 | +€1,969 | +3514.5% |
| Financial charges | 65/66B | €1,326 | €600 | -€726 | -54.8% |
| Recurring financial charges | 65 | €1,326 | €600 | -€726 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | €24,903 | €10,986 | -€13,917 | -55.9% |
| Income taxes | 67/77 | €10,908 | €6,078 | -€4,830 | -44.3% |
| Profit (loss) for the period | 9904 | €13,994 | €4,908 | -€9,087 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,994 | €4,908 | -€9,087 | -64.9% |
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 9 October 2026 via checked.be.