SALENCIO: 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.
SALENCIO
Largest movements
- Intangible fixed assets -€37,500
down €37,500 (-16.7%), from €224,178 to €186,678
- Debts after one year -€40,353
down €40,353 (-9.8%), from €410,375 to €370,022
- Profit (loss) carried forward +€15,868
up €15,868 (+48.8%), from -€32,534 to -€16,666
- Tax, wage and social debts -€13,319
down €13,319 (-96.5%), from €13,809 to €489
of which Remuneration and social security: -€11,589
- Staff costs -€19,215
down €19,215 (-34.0%), from €56,546 to €37,331
- Gross operating margin +€11,420
up €11,420 (+11.4%), from €100,233 to €111,654
- Depreciation +€5,550
up €5,550 (+13.8%), from €40,088 to €45,639
- Financial charges +€3,848
up €3,848 (+82.0%), from €4,695 to €8,543
- Taxes +€2,282
up €2,282 (+699.3%), from €326 to €2,608
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 | €439,253 | €401,500 | -€37,753 | -8.6% |
| Fixed assets | 21/28 | €416,902 | €376,155 | -€40,747 | -9.8% |
| Intangible fixed assets | 21 | €224,178 | €186,678 | -€37,500 | -16.7% |
| Tangible fixed assets | 22/27 | €192,724 | €189,477 | -€3,247 | -1.7% |
| Land and buildings | 22 | €192,409 | €184,629 | -€7,780 | -4.0% |
| Furniture and vehicles | 24 | €0 | €4,811 | +€4,811 | |
| Other tangible fixed assets | 26 | €316 | €37 | -€278 | -88.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €22,351 | €25,345 | +€2,994 | +13.4% |
| Amounts receivable within one year | 40/41 | €0 | €363 | +€363 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €363 | +€363 | |
| Cash at bank and in hand | 54/58 | €11,316 | €10,580 | -€736 | -6.5% |
| Deferred charges and accrued income | 490/1 | €11,035 | €14,402 | +€3,367 | +30.5% |
| Total equity and liabilities | 10/49 | €439,253 | €401,500 | -€37,753 | -8.6% |
| Equity | 10/15 | -€27,534 | -€11,666 | +€15,868 | +57.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,534 | -€16,666 | +€15,868 | +48.8% |
| Amounts payable | 17/49 | €466,787 | €413,167 | -€53,621 | -11.5% |
| Amounts payable after more than one year | 17 | €410,375 | €370,022 | -€40,353 | -9.8% |
| Financial debts | 170/4 | €410,375 | €370,022 | -€40,353 | -9.8% |
| Amounts payable within one year | 42/48 | €55,763 | €42,495 | -€13,268 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €39,884 | €40,353 | +€469 | +1.2% |
| Trade debts | 44 | €1,710 | €1,653 | -€57 | -3.4% |
| Suppliers | 440/4 | €1,710 | €1,653 | -€57 | -3.4% |
| Taxes, remuneration and social security | 45 | €13,809 | €489 | -€13,319 | -96.5% |
| Taxes | 450/3 | €1,730 | €0 | -€1,730 | -100.0% |
| Remuneration and social security | 454/9 | €12,078 | €489 | -€11,589 | -96.0% |
| Other amounts payable | 47/48 | €360 | €0 | -€360 | -100.0% |
| Accrued charges and deferred income | 492/3 | €650 | €650 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,019 | +€1,019 | |
| Remuneration, social security and pensions | 62 | €56,546 | €37,331 | -€19,215 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,088 | €45,639 | +€5,550 | +13.8% |
| Other operating charges | 640/8 | €1,017 | €1,629 | +€613 | +60.3% |
| Gross operating margin | 9900 | €100,233 | €111,654 | +€11,420 | +11.4% |
| Operating profit (loss) | 9901 | €2,583 | €27,054 | +€24,472 | +947.5% |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €4,695 | €8,543 | +€3,848 | +82.0% |
| Recurring financial charges | 65 | €4,695 | €8,543 | +€3,848 | +82.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,092 | €18,511 | +€20,604 | |
| Income taxes | 67/77 | €326 | €2,608 | +€2,282 | +699.3% |
| Profit (loss) for the period | 9904 | -€2,419 | €15,903 | +€18,322 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,419 | €15,903 | +€18,322 |
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 5 October 2026 via checked.be.