Salidam: what changed
Two fiscal 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.
Salidam
Largest movements
- Financial fixed assets -€103,316
down €103,316 (-73.5%), from €140,616 to €37,300
- Receivables within one year -€27,773
down €27,773 (-53.3%), from €52,115 to €24,341
of which Trade receivables: -€19,489
- Cash -€15,763
down €15,763 (-92.3%), from €17,072 to €1,309
mainly Net result for the year (-€110,974) and Other debts (-€25,584)
- Tangible fixed assets +€11,634
up €11,634 (+126.2%), from €9,215 to €20,849
of which Furniture and vehicles: +€17,607
- Profit (loss) carried forward -€110,974
down €110,974, from €0 to -€110,974
- Other debts -€25,584
down €25,584 (-48.7%), from €52,493 to €26,909
- Debts after one year -€6,845
down €6,845 (-8.7%), from €78,905 to €72,059
- Current portion of long-term debt +€5,315
up €5,315 (+34.7%), from €15,339 to €20,654
- Financial charges +€104,528
up €104,528 (+1849.0%), from €5,653 to €110,181
- Gross operating margin -€14,688
down €14,688 (-69.1%), from €21,253 to €6,566
- Depreciation -€1,497
down €1,497 (-29.5%), from €5,080 to €3,583
- Taxes -€1,244
down €1,244 (-76.6%), from €1,623 to €379
- Other operating charges +€1,054
up €1,054 (+36.9%), from €2,856 to €3,910
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 | €222,292 | €83,847 | -€138,445 | -62.3% |
| Fixed assets | 21/28 | €150,437 | €58,149 | -€92,288 | -61.3% |
| Intangible fixed assets | 21 | €606 | €0 | -€606 | -100.0% |
| Tangible fixed assets | 22/27 | €9,215 | €20,849 | +€11,634 | +126.2% |
| Plant, machinery and equipment | 23 | €5,335 | €311 | -€5,024 | -94.2% |
| Furniture and vehicles | 24 | - | €17,607 | +€17,607 | |
| Leasing and similar rights | 25 | €3,880 | €2,930 | -€950 | -24.5% |
| Financial fixed assets | 28 | €140,616 | €37,300 | -€103,316 | -73.5% |
| Current assets | 29/58 | €71,855 | €25,699 | -€46,157 | -64.2% |
| Stocks and contracts in progress | 3 | €700 | €0 | -€700 | -100.0% |
| Stocks | 30/36 | €700 | €0 | -€700 | -100.0% |
| Amounts receivable within one year | 40/41 | €52,115 | €24,341 | -€27,773 | -53.3% |
| Trade receivables | 40 | €42,210 | €22,721 | -€19,489 | -46.2% |
| Other amounts receivable | 41 | €9,905 | €1,621 | -€8,284 | -83.6% |
| Cash at bank and in hand | 54/58 | €17,072 | €1,309 | -€15,763 | -92.3% |
| Deferred charges and accrued income | 490/1 | €1,969 | €48 | -€1,921 | -97.6% |
| Total equity and liabilities | 10/49 | €222,292 | €83,847 | -€138,445 | -62.3% |
| Equity | 10/15 | €42,556 | -€68,418 | -€110,974 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €27,556 | €27,556 | = | 0.0% |
| Distributable reserves | 133 | €27,556 | €27,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€110,974 | -€110,974 | |
| Amounts payable | 17/49 | €179,737 | €152,265 | -€27,471 | -15.3% |
| Amounts payable after more than one year | 17 | €78,905 | €72,059 | -€6,845 | -8.7% |
| Financial debts | 170/4 | €78,905 | €72,059 | -€6,845 | -8.7% |
| Amounts payable within one year | 42/48 | €100,658 | €80,206 | -€20,452 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €15,339 | €20,654 | +€5,315 | +34.7% |
| Trade debts | 44 | €30,478 | €29,450 | -€1,028 | -3.4% |
| Suppliers | 440/4 | €30,478 | €29,450 | -€1,028 | -3.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,348 | €3,192 | +€844 | +35.9% |
| Taxes | 450/3 | €2,348 | €3,192 | +€844 | +35.9% |
| Other amounts payable | 47/48 | €52,493 | €26,909 | -€25,584 | -48.7% |
| Accrued charges and deferred income | 492/3 | €174 | €0 | -€174 | -100.0% |
| Non-recurring operating income | 76A | - | €17,743 | +€17,743 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,080 | €3,583 | -€1,497 | -29.5% |
| Other operating charges | 640/8 | €2,856 | €3,910 | +€1,054 | +36.9% |
| Non-recurring operating charges | 66A | €595 | €0 | -€595 | -100.0% |
| Gross operating margin | 9900 | €21,253 | €6,566 | -€14,688 | -69.1% |
| Operating profit (loss) | 9901 | €12,722 | -€928 | -€13,649 | |
| Financial income | 75/76B | €0 | €515 | +€515 | |
| Recurring financial income | 75 | €0 | €515 | +€515 | |
| Financial charges | 65/66B | €5,653 | €110,181 | +€104,528 | +1849.0% |
| Recurring financial charges | 65 | €5,653 | €110,181 | +€104,528 | +1849.0% |
| Profit (loss) for the period before taxes | 9903 | €7,069 | -€110,594 | -€117,663 | |
| Income taxes | 67/77 | €1,623 | €379 | -€1,244 | -76.6% |
| Profit (loss) for the period | 9904 | €5,445 | -€110,974 | -€116,419 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,445 | -€110,974 | -€116,419 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.