SALERNO PROJECTS: 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.
SALERNO PROJECTS
Largest movements
- Stocks and contracts +€245,000
up €245,000 (+2,313%), from €10,592 to €255,592
of which Stocks: +€245,000
- Receivables within one year -€28,723
down €28,723 (-65.8%), from €43,675 to €14,951
of which Other amounts receivable: -€19,979
- Cash -€10,413
down €10,413 (-17.4%), from €60,008 to €49,595
mainly Stocks and contracts (-€245,000) and Trade debts (-€20,975)
- Current portion of long-term debt +€233,711
new in 2024: €233,711
- Trade debts -€20,975
down €20,975 (-53.0%), from €39,556 to €18,581
- Tax, wage and social debts -€10,937
down €10,937 (-49.2%), from €22,239 to €11,302
of which Taxes: -€11,937
- Gross operating margin +€57,045
up €57,045 (+546%), from €10,441 to €67,486
- Other operating charges +€52,350
up €52,350 (+6,376%), from €821 to €53,171
- Taxes -€8,727
no longer reported in 2024 (was €8,727)
- Financial charges +€7,739
up €7,739 (+3,011%), from €257 to €7,996
- Financial income -€5,118
no longer reported in 2024 (was €5,118)
of which Financial income: -€5,118
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,552 | €322,978 | +€204,426 | +172% |
| Fixed assets | 21/28 | €4,278 | €2,840 | -€1,438 | -33.6% |
| Tangible fixed assets | 22/27 | €4,278 | €2,840 | -€1,438 | -33.6% |
| Plant, machinery and equipment | 23 | €612 | €1,106 | +€494 | +80.6% |
| Furniture and vehicles | 24 | €3,665 | €1,734 | -€1,932 | -52.7% |
| Current assets | 29/58 | €114,275 | €320,139 | +€205,864 | +180% |
| Stocks and contracts in progress | 3 | €10,592 | €255,592 | +€245,000 | +2,313% |
| Stocks | 30/36 | - | €245,000 | +€245,000 | |
| Contracts in progress | 37 | €10,592 | €10,592 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,675 | €14,951 | -€28,723 | -65.8% |
| Trade receivables | 40 | €21,787 | €13,043 | -€8,744 | -40.1% |
| Other amounts receivable | 41 | €21,888 | €1,908 | -€19,979 | -91.3% |
| Cash at bank and in hand | 54/58 | €60,008 | €49,595 | -€10,413 | -17.4% |
| Total equity and liabilities | 10/49 | €118,552 | €322,978 | +€204,426 | +172% |
| Equity | 10/15 | €52,381 | €55,603 | +€3,221 | +6.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €46,381 | €49,603 | +€3,221 | +6.9% |
| Distributable reserves | 133 | €46,381 | €49,603 | +€3,221 | +6.9% |
| Amounts payable | 17/49 | €66,171 | €267,376 | +€201,205 | +304% |
| Amounts payable within one year | 42/48 | €66,171 | €267,376 | +€201,205 | +304% |
| Current portion of amounts payable after more than one year | 42 | - | €233,711 | +€233,711 | |
| Trade debts | 44 | €39,556 | €18,581 | -€20,975 | -53.0% |
| Suppliers | 440/4 | €39,556 | €18,581 | -€20,975 | -53.0% |
| Taxes, remuneration and social security | 45 | €22,239 | €11,302 | -€10,937 | -49.2% |
| Taxes | 450/3 | €21,239 | €9,302 | -€11,937 | -56.2% |
| Remuneration and social security | 454/9 | €1,000 | €2,000 | +€1,000 | +100% |
| Other amounts payable | 47/48 | €4,376 | €3,781 | -€595 | -13.6% |
| Remuneration, social security and pensions | 62 | €208 | - | -€208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,164 | €3,097 | -€1,067 | -25.6% |
| Other operating charges | 640/8 | €821 | €53,171 | +€52,350 | +6,376% |
| Gross operating margin | 9900 | €10,441 | €67,486 | +€57,045 | +546% |
| Operating profit (loss) | 9901 | €5,247 | €11,218 | +€5,971 | +114% |
| Financial income | 75/76B | €5,118 | - | -€5,118 | |
| Recurring financial income | 75 | €5,118 | - | -€5,118 | |
| Non-recurring financial income | 76B | €5,118 | - | -€5,118 | |
| Financial charges | 65/66B | €257 | €7,996 | +€7,739 | +3,011% |
| Recurring financial charges | 65 | €257 | €7,996 | +€7,739 | +3,011% |
| Profit (loss) for the period before taxes | 9903 | €10,108 | €3,221 | -€6,887 | -68.1% |
| Income taxes | 67/77 | €8,727 | - | -€8,727 | |
| Profit (loss) for the period | 9904 | €1,381 | €3,221 | +€1,841 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €1,381 | €3,221 | +€1,841 | +133% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.