SALIMO: 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.
SALIMO
Largest movements
- Tangible fixed assets -€93,544
down €93,544 (-5.2%), from €1.8m to €1.7m
of which Land and buildings: -€90,586
- Cash -€21,207
down €21,207 (-43.3%), from €48,948 to €27,740
mainly Other debts (-€145,155) and Provisions (-€22,000)
- Other debts -€145,155
down €145,155 (-12.5%), from €1.2m to €1.0m
- Reserves +€57,972
up €57,972 (+9.0%), from €642,906 to €700,878
- Provisions -€22,000
no longer reported in 2025 (was €22,000)
- Provisions -€22,000
new in 2025: -€22,000
- Taxes +€6,464
up €6,464 (+30.8%), from €20,982 to €27,446
- Other operating charges +€2,072
up €2,072 (+11.5%), from €18,037 to €20,109
- Gross operating margin +€1,940
up €1,940 (+1.1%), from €176,170 to €178,109
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 | €1,864,459 | €1,749,917 | -€114,542 | -6.1% |
| Fixed assets | 21/28 | €1,807,913 | €1,714,370 | -€93,544 | -5.2% |
| Tangible fixed assets | 22/27 | €1,807,913 | €1,714,370 | -€93,544 | -5.2% |
| Land and buildings | 22 | €1,793,961 | €1,703,374 | -€90,586 | -5.0% |
| Plant, machinery and equipment | 23 | €13,952 | €10,550 | -€3,403 | -24.4% |
| Furniture and vehicles | 24 | €0 | €446 | +€446 | |
| Current assets | 29/58 | €56,546 | €35,547 | -€20,999 | -37.1% |
| Amounts receivable within one year | 40/41 | €3,440 | €3,407 | -€33 | -1.0% |
| Other amounts receivable | 41 | €3,440 | €3,407 | -€33 | -1.0% |
| Cash at bank and in hand | 54/58 | €48,948 | €27,740 | -€21,207 | -43.3% |
| Deferred charges and accrued income | 490/1 | €4,158 | €4,399 | +€242 | +5.8% |
| Total equity and liabilities | 10/49 | €1,864,459 | €1,749,917 | -€114,542 | -6.1% |
| Equity | 10/15 | €661,498 | €719,470 | +€57,972 | +8.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €642,906 | €700,878 | +€57,972 | +9.0% |
| Distributable reserves | 133 | €642,906 | €700,878 | +€57,972 | +9.0% |
| Provisions and deferred taxes | 16 | €22,000 | - | -€22,000 | |
| Provisions for liabilities and charges | 160/5 | €22,000 | - | -€22,000 | |
| Major repairs and maintenance | 162 | €22,000 | - | -€22,000 | |
| Amounts payable | 17/49 | €1,180,960 | €1,030,446 | -€150,514 | -12.7% |
| Amounts payable within one year | 42/48 | €1,172,786 | €1,026,419 | -€146,367 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €4,785 | €3,865 | -€920 | -19.2% |
| Trade debts | 44 | €4,040 | €2,314 | -€1,726 | -42.7% |
| Suppliers | 440/4 | €4,040 | €2,314 | -€1,726 | -42.7% |
| Taxes, remuneration and social security | 45 | €4,363 | €5,797 | +€1,434 | +32.9% |
| Taxes | 450/3 | €4,363 | €5,797 | +€1,434 | +32.9% |
| Other amounts payable | 47/48 | €1,159,598 | €1,014,443 | -€145,155 | -12.5% |
| Accrued charges and deferred income | 492/3 | €8,174 | €4,027 | -€4,147 | -50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,532 | €94,566 | +€1,033 | +1.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€22,000 | -€22,000 | |
| Other operating charges | 640/8 | €18,037 | €20,109 | +€2,072 | +11.5% |
| Gross operating margin | 9900 | €176,170 | €178,109 | +€1,940 | +1.1% |
| Operating profit (loss) | 9901 | €64,600 | €85,435 | +€20,834 | +32.3% |
| Financial income | 75/76B | €196 | €187 | -€9 | -4.5% |
| Recurring financial income | 75 | €196 | €187 | -€9 | -4.5% |
| Financial charges | 65/66B | €182 | €204 | +€22 | +12.1% |
| Recurring financial charges | 65 | €182 | €204 | +€22 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €64,615 | €85,418 | +€20,803 | +32.2% |
| Income taxes | 67/77 | €20,982 | €27,446 | +€6,464 | +30.8% |
| Profit (loss) for the period | 9904 | €43,633 | €57,972 | +€14,339 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,633 | €57,972 | +€14,339 | +32.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.