SALHI: 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.
SALHI
Largest movements
- Total assets +€80
up €80 (+3.4%), from €2,336 to €2,416
of which Current assets: +€480
- Debts within one year +€15,286
up €15,286 (+266%), from €5,738 to €21,024
- Profit (loss) carried forward -€15,206
down €15,206 (-140%), from -€10,839 to -€26,045
- Gross operating margin -€9,510
down €9,510 (-397%), from -€2,394 to -€11,904
- Turnover -€8,213
down €8,213 (-42.7%), from €19,242 to €11,029
- Depreciation -€600
down €600 (-60.0%), from €1,000 to €400
From the 2011 result to the 2013 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2011 | 2013 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,336 | €2,416 | +€80 | +3.4% |
| Formation expenses | 20 | €2,000 | €1,600 | -€400 | -20.0% |
| Fixed assets | 21/28 | €2,000 | €1,600 | -€400 | -20.0% |
| Current assets | 29/58 | €336 | €816 | +€480 | +143% |
| Amounts receivable within one year | 40/41 | - | €492 | +€492 | |
| Cash at bank and in hand | 54/58 | €336 | €324 | -€12 | -3.5% |
| Total equity and liabilities | 10/49 | €2,336 | €2,416 | +€80 | +3.4% |
| Equity | 10/15 | -€3,402 | -€18,608 | -€15,206 | -447% |
| Contributions | 10/11 | €7,437 | €7,437 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€10,839 | -€26,045 | -€15,206 | -140% |
| Amounts payable | 17/49 | €5,738 | €21,024 | +€15,286 | +266% |
| Amounts payable within one year | 42/48 | €5,738 | €21,024 | +€15,286 | +266% |
| Turnover | 70 | €19,242 | €11,029 | -€8,213 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €400 | -€600 | -60.0% |
| Gross operating margin | 9900 | -€2,394 | -€11,904 | -€9,510 | -397% |
| Operating profit (loss) | 9901 | -€3,394 | -€12,491 | -€9,097 | -268% |
| Recurring financial charges | 65 | - | €36 | +€36 | |
| Profit (loss) for the period before taxes | 9903 | -€3,394 | -€12,527 | -€9,133 | -269% |
| Profit (loss) for the period | 9904 | -€3,394 | -€12,527 | -€9,133 | -269% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,394 | -€12,527 | -€9,133 | -269% |
Source: filed annual accounts (NBB), financial years ended 31 December 2011 and 31 December 2013. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.