SALENI: 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.
SALENI
Largest movements
- Current investments -€9,550
down €9,550 (-5.9%), from €163,167 to €153,617
- Cash +€6,478
up €6,478 (+18.3%), from €35,471 to €41,949
mainly Current investments (+€9,550) and Receivables within one year (+€5,539)
- Receivables within one year -€5,539
down €5,539 (-55.3%), from €10,025 to €4,486
of which Trade receivables: -€4,557
- Trade debts -€9,415
down €9,415 (-96.4%), from €9,766 to €352
- Accrued charges and deferred income -€3,081
down €3,081 (-100%), from €3,081 to €0
- Profit (loss) carried forward +€2,204
up €2,204 (+96.9%), from -€2,274 to -€70
- Gross operating margin -€10,986
down €10,986, from €10,123 to -€863
- Financial charges -€2,869
down €2,869 (-96.7%), from €2,966 to €97
- Financial income -€855
down €855 (-15.2%), from €5,631 to €4,776
- Taxes +€700
up €700, from €0 to €700
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 | €212,068 | €203,041 | -€9,027 | -4.3% |
| Current assets | 29/58 | €212,068 | €203,041 | -€9,027 | -4.3% |
| Stocks and contracts in progress | 3 | €2,989 | €2,989 | = | 0.0% |
| Stocks | 30/36 | €2,989 | €2,989 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,025 | €4,486 | -€5,539 | -55.3% |
| Trade receivables | 40 | €6,461 | €1,905 | -€4,557 | -70.5% |
| Other amounts receivable | 41 | €3,564 | €2,582 | -€982 | -27.6% |
| Current investments | 50/53 | €163,167 | €153,617 | -€9,550 | -5.9% |
| Cash at bank and in hand | 54/58 | €35,471 | €41,949 | +€6,478 | +18.3% |
| Deferred charges and accrued income | 490/1 | €415 | €0 | -€415 | -100% |
| Total equity and liabilities | 10/49 | €212,068 | €203,041 | -€9,027 | -4.3% |
| Equity | 10/15 | €163,596 | €165,800 | +€2,204 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €147,270 | €147,270 | = | 0.0% |
| Distributable reserves | 133 | €147,270 | €147,270 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,274 | -€70 | +€2,204 | +96.9% |
| Amounts payable | 17/49 | €48,472 | €37,242 | -€11,231 | -23.2% |
| Amounts payable within one year | 42/48 | €45,391 | €37,242 | -€8,149 | -18.0% |
| Trade debts | 44 | €9,766 | €352 | -€9,415 | -96.4% |
| Suppliers | 440/4 | €9,766 | €352 | -€9,415 | -96.4% |
| Taxes, remuneration and social security | 45 | - | €927 | +€927 | |
| Taxes | 450/3 | - | €927 | +€927 | |
| Other amounts payable | 47/48 | €35,625 | €35,963 | +€338 | +0.9% |
| Accrued charges and deferred income | 492/3 | €3,081 | €0 | -€3,081 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €889 | €912 | +€22 | +2.5% |
| Gross operating margin | 9900 | €10,123 | -€863 | -€10,986 | |
| Operating profit (loss) | 9901 | €9,234 | -€1,775 | -€11,009 | |
| Financial income | 75/76B | €5,631 | €4,776 | -€855 | -15.2% |
| Recurring financial income | 75 | €5,631 | €4,776 | -€855 | -15.2% |
| Financial charges | 65/66B | €2,966 | €97 | -€2,869 | -96.7% |
| Recurring financial charges | 65 | €2,966 | €97 | -€2,869 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | €11,900 | €2,904 | -€8,995 | -75.6% |
| Income taxes | 67/77 | €0 | €700 | +€700 | |
| Profit (loss) for the period | 9904 | €11,900 | €2,204 | -€9,696 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,900 | €2,204 | -€9,696 | -81.5% |
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 26 October 2026 via checked.be.