SALIM: 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.
SALIM
Largest movements
- Stocks and contracts +€9,315
up €9,315 (+24.4%), from €38,162 to €47,477
- Cash -€5,590
down €5,590 (-23.0%), from €24,319 to €18,729
mainly Trade debts (-€24,563) and Stocks and contracts (-€9,315)
- Tangible fixed assets -€2,699
down €2,699 (-19.9%), from €13,573 to €10,874
of which Other tangible fixed assets: -€2,199
- Receivables within one year +€1,047
up €1,047 (+59.0%), from €1,775 to €2,822
- Trade debts -€24,563
down €24,563 (-78.6%), from €31,259 to €6,696
- Profit (loss) carried forward +€18,411
up €18,411 (+138.1%), from €13,335 to €31,746
- Tax, wage and social debts +€8,424
up €8,424 (+160.9%), from €5,236 to €13,660
of which Taxes: +€6,924
- Turnover -€416,797
no longer reported in 2024 (was €416,797)
- Purchases and services -€392,416
no longer reported in 2024 (was €392,416)
- Gross operating margin +€10,605
up €10,605 (+43.5%), from €24,381 to €34,986
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,830 | €80,102 | +€2,272 | +2.9% |
| Fixed assets | 21/28 | €13,573 | €10,874 | -€2,699 | -19.9% |
| Tangible fixed assets | 22/27 | €13,573 | €10,874 | -€2,699 | -19.9% |
| Plant, machinery and equipment | 23 | €3,437 | €2,937 | -€500 | -14.5% |
| Other tangible fixed assets | 26 | €10,136 | €7,937 | -€2,199 | -21.7% |
| Current assets | 29/58 | €64,256 | €69,228 | +€4,971 | +7.7% |
| Stocks and contracts in progress | 3 | €38,162 | €47,477 | +€9,315 | +24.4% |
| Stocks | 30/36 | €38,162 | €47,477 | +€9,315 | +24.4% |
| Amounts receivable within one year | 40/41 | €1,775 | €2,822 | +€1,047 | +59.0% |
| Other amounts receivable | 41 | €1,775 | €2,822 | +€1,047 | +59.0% |
| Cash at bank and in hand | 54/58 | €24,319 | €18,729 | -€5,590 | -23.0% |
| Deferred charges and accrued income | 490/1 | - | €199 | +€199 | |
| Total equity and liabilities | 10/49 | €77,830 | €80,102 | +€2,272 | +2.9% |
| Equity | 10/15 | €41,335 | €59,746 | +€18,411 | +44.5% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,335 | €31,746 | +€18,411 | +138.1% |
| Amounts payable | 17/49 | €36,495 | €20,356 | -€16,139 | -44.2% |
| Amounts payable within one year | 42/48 | €36,495 | €20,356 | -€16,139 | -44.2% |
| Trade debts | 44 | €31,259 | €6,696 | -€24,563 | -78.6% |
| Suppliers | 440/4 | €31,259 | €6,696 | -€24,563 | -78.6% |
| Taxes, remuneration and social security | 45 | €5,236 | €13,660 | +€8,424 | +160.9% |
| Taxes | 450/3 | €5,236 | €12,160 | +€6,924 | +132.2% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Turnover | 70 | €416,797 | - | -€416,797 | |
| Goods, raw materials, services and sundry goods | 60/61 | €392,416 | - | -€392,416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,699 | €2,699 | = | 0.0% |
| Other operating charges | 640/8 | €597 | €4,430 | +€3,833 | +642.0% |
| Gross operating margin | 9900 | €24,381 | €34,986 | +€10,605 | +43.5% |
| Operating profit (loss) | 9901 | €21,085 | €27,857 | +€6,772 | +32.1% |
| Financial income | 75/76B | €61 | €45 | -€16 | -25.5% |
| Recurring financial income | 75 | €61 | €45 | -€16 | -25.5% |
| Financial charges | 65/66B | €1,700 | €2,481 | +€781 | +46.0% |
| Recurring financial charges | 65 | €1,700 | €2,481 | +€781 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €19,445 | €25,421 | +€5,975 | +30.7% |
| Income taxes | 67/77 | €3,782 | €7,010 | +€3,228 | +85.3% |
| Profit (loss) for the period | 9904 | €15,664 | €18,411 | +€2,748 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,664 | €18,411 | +€2,748 | +17.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.