SALCOOL: 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.
SALCOOL
Largest movements
- Cash +€200,093
up €200,093 (+172.5%), from €116,005 to €316,099
mainly Net result for the year (+€73,431) and Tax, wage and social debts (+€60,841)
- Tangible fixed assets +€32,011
up €32,011 (+15.5%), from €206,674 to €238,685
of which Furniture and vehicles: +€37,367
- Stocks and contracts -€9,016
down €9,016 (-29.9%), from €30,104 to €21,088
- Profit (loss) carried forward +€73,431
up €73,431 (+195.8%), from €37,498 to €110,929
- Tax, wage and social debts +€60,841
up €60,841 (+2841.3%), from €2,141 to €62,982
of which Remuneration and social security: +€33,094
- Other debts +€42,000
up €42,000 (+53.8%), from €78,000 to €120,000
- Trade debts +€30,435
up €30,435 (+16.7%), from €182,091 to €212,527
- Current portion of long-term debt +€10,764
up €10,764 (+113.9%), from €9,452 to €20,216
- Gross operating margin +€105,821
up €105,821 (+200.0%), from €52,900 to €158,721
- Taxes +€24,847
up €24,847 (+727.1%), from €3,417 to €28,264
- Staff costs +€14,366
up €14,366 (+75.4%), from €19,060 to €33,426
- Depreciation +€4,793
up €4,793 (+51.5%), from €9,314 to €14,106
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 | €354,367 | €578,791 | +€224,425 | +63.3% |
| Fixed assets | 21/28 | €206,674 | €238,685 | +€32,011 | +15.5% |
| Tangible fixed assets | 22/27 | €206,674 | €238,685 | +€32,011 | +15.5% |
| Land and buildings | 22 | €185,827 | €180,712 | -€5,115 | -2.8% |
| Plant, machinery and equipment | 23 | €904 | €663 | -€241 | -26.7% |
| Furniture and vehicles | 24 | €19,943 | €57,311 | +€37,367 | +187.4% |
| Current assets | 29/58 | €147,693 | €340,106 | +€192,414 | +130.3% |
| Stocks and contracts in progress | 3 | €30,104 | €21,088 | -€9,016 | -29.9% |
| Stocks | 30/36 | €30,104 | €21,088 | -€9,016 | -29.9% |
| Amounts receivable within one year | 40/41 | €1,583 | €1,583 | = | 0.0% |
| Other amounts receivable | 41 | €1,583 | €1,583 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €116,005 | €316,099 | +€200,093 | +172.5% |
| Deferred charges and accrued income | 490/1 | - | €1,336 | +€1,336 | |
| Total equity and liabilities | 10/49 | €354,367 | €578,791 | +€224,425 | +63.3% |
| Equity | 10/15 | €57,958 | €131,389 | +€73,431 | +126.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,498 | €110,929 | +€73,431 | +195.8% |
| Amounts payable | 17/49 | €296,409 | €447,402 | +€150,994 | +50.9% |
| Amounts payable after more than one year | 17 | €24,724 | €31,678 | +€6,954 | +28.1% |
| Financial debts | 170/4 | €24,724 | €31,678 | +€6,954 | +28.1% |
| Amounts payable within one year | 42/48 | €271,684 | €415,725 | +€144,040 | +53.0% |
| Current portion of amounts payable after more than one year | 42 | €9,452 | €20,216 | +€10,764 | +113.9% |
| Trade debts | 44 | €182,091 | €212,527 | +€30,435 | +16.7% |
| Suppliers | 440/4 | €182,091 | €212,527 | +€30,435 | +16.7% |
| Taxes, remuneration and social security | 45 | €2,141 | €62,982 | +€60,841 | +2841.3% |
| Taxes | 450/3 | €2,056 | €29,804 | +€27,747 | +1349.3% |
| Remuneration and social security | 454/9 | €85 | €33,178 | +€33,094 | +38965.6% |
| Other amounts payable | 47/48 | €78,000 | €120,000 | +€42,000 | +53.8% |
| Remuneration, social security and pensions | 62 | €19,060 | €33,426 | +€14,366 | +75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,314 | €14,106 | +€4,793 | +51.5% |
| Other operating charges | 640/8 | €5,062 | €4,786 | -€276 | -5.5% |
| Gross operating margin | 9900 | €52,900 | €158,721 | +€105,821 | +200.0% |
| Operating profit (loss) | 9901 | €19,464 | €106,403 | +€86,939 | +446.7% |
| Financial charges | 65/66B | €4,086 | €4,709 | +€623 | +15.2% |
| Recurring financial charges | 65 | €4,086 | €4,709 | +€623 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €15,378 | €101,694 | +€86,317 | +561.3% |
| Income taxes | 67/77 | €3,417 | €28,264 | +€24,847 | +727.1% |
| Profit (loss) for the period | 9904 | €11,960 | €73,431 | +€61,470 | +514.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,960 | €73,431 | +€61,470 | +514.0% |
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 8 October 2026 via checked.be.