SaLi 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.
SaLi Projects
Largest movements
- Tangible fixed assets +€55,073
up €55,073 (+1687.5%), from €3,264 to €58,336
of which Furniture and vehicles: +€54,899
- Receivables within one year +€3,939
up €3,939 (+18.8%), from €20,992 to €24,931
of which Other amounts receivable: +€3,346
- Stocks and contracts +€3,260
new in 2025: €3,260
- Cash -€1,119
down €1,119 (-20.6%), from €5,443 to €4,324
mainly Investment in fixed assets (net) (-€68,112) and Receivables within one year (-€3,939)
- Short-term financial debts +€55,515
new in 2025: €55,515
- Tax, wage and social debts +€2,511
up €2,511 (+26.0%), from €9,659 to €12,171
of which Remuneration and social security: +€3,120
- Trade debts +€2,402
up €2,402 (+611.4%), from €393 to €2,795
- Gross operating margin +€18,401
up €18,401 (+72.7%), from €25,328 to €43,728
- Depreciation +€10,688
up €10,688 (+454.6%), from €2,351 to €13,039
- Staff costs +€3,420
up €3,420 (+14.9%), from €22,893 to €26,312
- Financial charges +€2,367
up €2,367 (+2102.6%), from €113 to €2,479
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 | €29,789 | €90,942 | +€61,153 | +205.3% |
| Fixed assets | 21/28 | €3,354 | €58,426 | +€55,073 | +1642.2% |
| Tangible fixed assets | 22/27 | €3,264 | €58,336 | +€55,073 | +1687.5% |
| Plant, machinery and equipment | 23 | €3,264 | €3,438 | +€174 | +5.3% |
| Furniture and vehicles | 24 | - | €54,899 | +€54,899 | |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €26,435 | €32,515 | +€6,080 | +23.0% |
| Stocks and contracts in progress | 3 | - | €3,260 | +€3,260 | |
| Stocks | 30/36 | - | €3,260 | +€3,260 | |
| Amounts receivable within one year | 40/41 | €20,992 | €24,931 | +€3,939 | +18.8% |
| Trade receivables | 40 | €14,782 | €15,375 | +€593 | +4.0% |
| Other amounts receivable | 41 | €6,209 | €9,556 | +€3,346 | +53.9% |
| Cash at bank and in hand | 54/58 | €5,443 | €4,324 | -€1,119 | -20.6% |
| Total equity and liabilities | 10/49 | €29,789 | €90,942 | +€61,153 | +205.3% |
| Equity | 10/15 | €19,736 | €20,461 | +€725 | +3.7% |
| Contributions | 10/11 | €18,927 | €18,927 | = | 0.0% |
| Profit (loss) carried forward | 14 | €809 | €1,534 | +€725 | +89.6% |
| Amounts payable | 17/49 | €10,052 | €70,481 | +€60,428 | +601.1% |
| Amounts payable within one year | 42/48 | €10,052 | €70,481 | +€60,428 | +601.1% |
| Financial debts | 43 | - | €55,515 | +€55,515 | |
| Other loans | 439 | - | €55,515 | +€55,515 | |
| Trade debts | 44 | €393 | €2,795 | +€2,402 | +611.4% |
| Suppliers | 440/4 | €393 | €2,795 | +€2,402 | +611.4% |
| Taxes, remuneration and social security | 45 | €9,659 | €12,171 | +€2,511 | +26.0% |
| Taxes | 450/3 | €5,568 | €4,960 | -€608 | -10.9% |
| Remuneration and social security | 454/9 | €4,092 | €7,211 | +€3,120 | +76.2% |
| Remuneration, social security and pensions | 62 | €22,893 | €26,312 | +€3,420 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,351 | €13,039 | +€10,688 | +454.6% |
| Other operating charges | 640/8 | €1,084 | €906 | -€179 | -16.5% |
| Gross operating margin | 9900 | €25,328 | €43,728 | +€18,401 | +72.7% |
| Operating profit (loss) | 9901 | -€1,001 | €3,471 | +€4,472 | |
| Financial income | 75/76B | €327 | €31 | -€296 | -90.6% |
| Recurring financial income | 75 | €327 | €31 | -€296 | -90.6% |
| Financial charges | 65/66B | €113 | €2,479 | +€2,367 | +2102.6% |
| Recurring financial charges | 65 | €113 | €2,479 | +€2,367 | +2102.6% |
| Profit (loss) for the period before taxes | 9903 | -€786 | €1,023 | +€1,809 | |
| Income taxes | 67/77 | €249 | €298 | +€49 | +19.7% |
| Profit (loss) for the period | 9904 | -€1,035 | €725 | +€1,760 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,035 | €725 | +€1,760 |
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.