Salestrain: 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.
Salestrain
Largest movements
- Intangible fixed assets -€3,485
down €3,485 (-93.6%), from €3,724 to €239
- Receivables within one year +€2,794
up €2,794 (+3.8%), from €74,467 to €77,261
of which Other amounts receivable: +€2,794
- Tangible fixed assets -€2,513
down €2,513 (-56.1%), from €4,482 to €1,969
of which Furniture and vehicles: -€1,462
- Short-term financial debts +€16,608
up €16,608 (+87.8%), from €18,912 to €35,520
- Reserves -€14,415
down €14,415 (-27.4%), from €52,670 to €38,256
- Trade debts -€7,338
down €7,338 (-51.5%), from €14,256 to €6,918
- Tax, wage and social debts +€2,572
up €2,572 (+67.4%), from €3,819 to €6,390
- Gross operating margin -€27,509
down €27,509, from €19,753 to -€7,756
- Taxes -€3,819
no longer reported in 2025 (was €3,819)
- Financial charges +€2,071
up €2,071 (+112.7%), from €1,838 to €3,908
- Depreciation -€1,768
down €1,768 (-22.8%), from €7,766 to €5,997
- Financial income +€862
up €862 (+29.1%), from €2,962 to €3,824
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 | €108,257 | €105,685 | -€2,572 | -2.4% |
| Fixed assets | 21/28 | €12,691 | €6,693 | -€5,997 | -47.3% |
| Intangible fixed assets | 21 | €3,724 | €239 | -€3,485 | -93.6% |
| Tangible fixed assets | 22/27 | €4,482 | €1,969 | -€2,513 | -56.1% |
| Plant, machinery and equipment | 23 | €1,299 | €249 | -€1,050 | -80.9% |
| Furniture and vehicles | 24 | €3,183 | €1,721 | -€1,462 | -45.9% |
| Financial fixed assets | 28 | €4,485 | €4,485 | = | 0.0% |
| Current assets | 29/58 | €95,566 | €98,991 | +€3,425 | +3.6% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Trade receivables | 290 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €74,467 | €77,261 | +€2,794 | +3.8% |
| Trade receivables | 40 | €1,638 | €1,638 | = | 0.0% |
| Other amounts receivable | 41 | €72,830 | €75,623 | +€2,794 | +3.8% |
| Cash at bank and in hand | 54/58 | €16 | - | -€16 | |
| Deferred charges and accrued income | 490/1 | €1,083 | €1,730 | +€648 | +59.8% |
| Total equity and liabilities | 10/49 | €108,257 | €105,685 | -€2,572 | -2.4% |
| Equity | 10/15 | €71,270 | €56,856 | -€14,415 | -20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,670 | €38,256 | -€14,415 | -27.4% |
| Distributable reserves | 133 | €52,670 | €38,256 | -€14,415 | -27.4% |
| Amounts payable | 17/49 | €36,987 | €48,829 | +€11,842 | +32.0% |
| Amounts payable within one year | 42/48 | €36,987 | €48,829 | +€11,842 | +32.0% |
| Financial debts | 43 | €18,912 | €35,520 | +€16,608 | +87.8% |
| Credit institutions | 430/8 | €18,912 | €35,520 | +€16,608 | +87.8% |
| Trade debts | 44 | €14,256 | €6,918 | -€7,338 | -51.5% |
| Suppliers | 440/4 | €14,256 | €6,918 | -€7,338 | -51.5% |
| Taxes, remuneration and social security | 45 | €3,819 | €6,390 | +€2,572 | +67.4% |
| Taxes | 450/3 | €3,819 | €6,390 | +€2,572 | +67.4% |
| Non-recurring operating income | 76A | €355 | - | -€355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,766 | €5,997 | -€1,768 | -22.8% |
| Other operating charges | 640/8 | €928 | €576 | -€351 | -37.9% |
| Gross operating margin | 9900 | €19,753 | -€7,756 | -€27,509 | |
| Operating profit (loss) | 9901 | €11,059 | -€14,330 | -€25,389 | |
| Financial income | 75/76B | €2,962 | €3,824 | +€862 | +29.1% |
| Recurring financial income | 75 | €2,962 | €3,824 | +€862 | +29.1% |
| Financial charges | 65/66B | €1,838 | €3,908 | +€2,071 | +112.7% |
| Recurring financial charges | 65 | €1,838 | €3,908 | +€2,071 | +112.7% |
| Profit (loss) for the period before taxes | 9903 | €12,183 | -€14,415 | -€26,597 | |
| Income taxes | 67/77 | €3,819 | - | -€3,819 | |
| Profit (loss) for the period | 9904 | €8,364 | -€14,415 | -€22,779 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,364 | -€14,415 | -€22,779 |
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 10 October 2026 via checked.be.