SALESFLARE: 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.
SALESFLARE
Largest movements
- Cash -€21,231
down €21,231 (-16.2%), from €130,983 to €109,752
mainly Debts after one year (-€285,000) and Investment in fixed assets (net) (-€187,774)
- Intangible fixed assets -€14,016
down €14,016 (-3.6%), from €386,492 to €372,475
- Contributions +€316,871
up €316,871 (+1,233%), from €25,706 to €342,577
- Debts after one year -€285,000
no longer reported in 2025 (was €285,000)
- Profit (loss) carried forward -€138,121
down €138,121, from €3,292 to -€134,829
- Current portion of long-term debt +€21,227
new in 2025: €21,227
- Tax, wage and social debts +€17,527
up €17,527 (+35.2%), from €49,749 to €67,276
of which Taxes: +€11,644
- Financial charges +€82,516
up €82,516 (+346%), from €23,873 to €106,389
- Staff costs +€34,688
up €34,688 (+12.9%), from €269,292 to €303,980
- Depreciation +€11,970
up €11,970 (+6.3%), from €189,820 to €201,790
- Gross operating margin -€9,023
down €9,023 (-1.9%), from €482,259 to €473,236
- Financial income -€5,246
down €5,246 (-77.1%), from €6,801 to €1,555
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 | €536,919 | €496,799 | -€40,120 | -7.5% |
| Fixed assets | 21/28 | €386,492 | €372,475 | -€14,016 | -3.6% |
| Intangible fixed assets | 21 | €386,492 | €372,475 | -€14,016 | -3.6% |
| Current assets | 29/58 | €150,427 | €124,324 | -€26,103 | -17.4% |
| Amounts receivable within one year | 40/41 | €11,671 | €6,799 | -€4,873 | -41.7% |
| Trade receivables | 40 | €2,129 | €5,315 | +€3,186 | +150% |
| Other amounts receivable | 41 | €9,543 | €1,484 | -€8,059 | -84.4% |
| Cash at bank and in hand | 54/58 | €130,983 | €109,752 | -€21,231 | -16.2% |
| Deferred charges and accrued income | 490/1 | €7,773 | €7,773 | = | 0.0% |
| Total equity and liabilities | 10/49 | €536,919 | €496,799 | -€40,120 | -7.5% |
| Equity | 10/15 | €28,998 | €207,748 | +€178,750 | +616% |
| Contributions | 10/11 | €25,706 | €342,577 | +€316,871 | +1,233% |
| Profit (loss) carried forward | 14 | €3,292 | -€134,829 | -€138,121 | |
| Amounts payable | 17/49 | €507,921 | €289,051 | -€218,869 | -43.1% |
| Amounts payable after more than one year | 17 | €285,000 | - | -€285,000 | |
| Financial debts | 170/4 | €285,000 | - | -€285,000 | |
| Amounts payable within one year | 42/48 | €222,921 | €289,051 | +€66,131 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | - | €21,227 | +€21,227 | |
| Financial debts | 43 | €150,000 | €165,063 | +€15,063 | +10.0% |
| Credit institutions | 430/8 | €150,000 | €165,063 | +€15,063 | +10.0% |
| Trade debts | 44 | €23,171 | €35,370 | +€12,199 | +52.6% |
| Suppliers | 440/4 | €23,171 | €35,370 | +€12,199 | +52.6% |
| Taxes, remuneration and social security | 45 | €49,749 | €67,276 | +€17,527 | +35.2% |
| Taxes | 450/3 | €3,017 | €14,661 | +€11,644 | +386% |
| Remuneration and social security | 454/9 | €46,733 | €52,616 | +€5,883 | +12.6% |
| Other amounts payable | 47/48 | - | €114 | +€114 | |
| Remuneration, social security and pensions | 62 | €269,292 | €303,980 | +€34,688 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,820 | €201,790 | +€11,970 | +6.3% |
| Other operating charges | 640/8 | €590 | €754 | +€163 | +27.6% |
| Gross operating margin | 9900 | €482,259 | €473,236 | -€9,023 | -1.9% |
| Operating profit (loss) | 9901 | €22,557 | -€33,287 | -€55,844 | |
| Financial income | 75/76B | €6,801 | €1,555 | -€5,246 | -77.1% |
| Recurring financial income | 75 | €6,801 | €1,555 | -€5,246 | -77.1% |
| Financial charges | 65/66B | €23,873 | €106,389 | +€82,516 | +346% |
| Recurring financial charges | 65 | €23,873 | €106,389 | +€82,516 | +346% |
| Profit (loss) for the period before taxes | 9903 | €5,484 | -€138,121 | -€143,605 | |
| Income taxes | 67/77 | €3,017 | - | -€3,017 | |
| Profit (loss) for the period | 9904 | €2,468 | -€138,121 | -€140,589 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,468 | -€138,121 | -€140,589 |
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 20 October 2026 via checked.be.