SALITO BEACH: 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.
SALITO BEACH
Largest movements
- Receivables within one year +€160,977
up €160,977 (+278%), from €57,991 to €218,968
of which Trade receivables: +€122,509
- Cash +€49,449
up €49,449 (+45.7%), from €108,257 to €157,706
mainly Trade debts (+€94,220) and Net result for the year (+€77,861)
- Receivables after one year -€40,500
down €40,500 (-92.0%), from €44,000 to €3,500
of which Other amounts receivable: -€40,500
- Tangible fixed assets -€7,887
down €7,887 (-5.2%), from €150,733 to €142,846
of which Plant, machinery and equipment: -€21,269
- Trade debts +€94,220
up €94,220 (+551%), from €17,104 to €111,324
- Reserves +€77,861
up €77,861 (+36.0%), from €216,226 to €294,087
- Debts after one year -€35,852
down €35,852 (-71.3%), from €50,248 to €14,396
- Current portion of long-term debt +€14,959
up €14,959 (+41.4%), from €36,099 to €51,058
- Short-term financial debts +€11,097
up €11,097 (+228%), from €4,863 to €15,960
- Gross operating margin +€51,219
up €51,219 (+19.8%), from €258,149 to €309,368
- Staff costs -€42,842
down €42,842 (-30.2%), from €142,003 to €99,161
- Taxes +€37,184
up €37,184 (+1,341%), from €2,773 to €39,957
- Other operating charges -€25,817
down €25,817 (-46.9%), from €55,097 to €29,280
- Financial charges +€9,175
up €9,175 (+413%), from €2,223 to €11,398
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.
Derived cash bridge
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 | €361,143 | €523,020 | +€161,877 | +44.8% |
| Fixed assets | 21/28 | €150,733 | €142,846 | -€7,887 | -5.2% |
| Tangible fixed assets | 22/27 | €150,733 | €142,846 | -€7,887 | -5.2% |
| Land and buildings | 22 | - | €2,920 | +€2,920 | |
| Plant, machinery and equipment | 23 | €111,953 | €90,684 | -€21,269 | -19.0% |
| Furniture and vehicles | 24 | €38,779 | €49,242 | +€10,463 | +27.0% |
| Current assets | 29/58 | €210,411 | €380,174 | +€169,764 | +80.7% |
| Amounts receivable after more than one year | 29 | €44,000 | €3,500 | -€40,500 | -92.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €44,000 | €3,500 | -€40,500 | -92.0% |
| Amounts receivable within one year | 40/41 | €57,991 | €218,968 | +€160,977 | +278% |
| Trade receivables | 40 | €0 | €122,509 | +€122,509 | |
| Other amounts receivable | 41 | €57,991 | €96,459 | +€38,468 | +66.3% |
| Cash at bank and in hand | 54/58 | €108,257 | €157,706 | +€49,449 | +45.7% |
| Deferred charges and accrued income | 490/1 | €163 | €0 | -€163 | -100% |
| Total equity and liabilities | 10/49 | €361,143 | €523,020 | +€161,877 | +44.8% |
| Equity | 10/15 | €222,426 | €300,287 | +€77,861 | +35.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €216,226 | €294,087 | +€77,861 | +36.0% |
| Distributable reserves | 133 | €216,226 | €294,087 | +€77,861 | +36.0% |
| Amounts payable | 17/49 | €138,717 | €222,734 | +€84,016 | +60.6% |
| Amounts payable after more than one year | 17 | €50,248 | €14,396 | -€35,852 | -71.3% |
| Financial debts | 170/4 | €50,248 | €14,396 | -€35,852 | -71.3% |
| Amounts payable within one year | 42/48 | €88,173 | €206,388 | +€118,215 | +134% |
| Current portion of amounts payable after more than one year | 42 | €36,099 | €51,058 | +€14,959 | +41.4% |
| Financial debts | 43 | €4,863 | €15,960 | +€11,097 | +228% |
| Credit institutions | 430/8 | €4,863 | €15,960 | +€11,097 | +228% |
| Trade debts | 44 | €17,104 | €111,324 | +€94,220 | +551% |
| Suppliers | 440/4 | €17,104 | €111,324 | +€94,220 | +551% |
| Taxes, remuneration and social security | 45 | €8,151 | €16,286 | +€8,135 | +99.8% |
| Taxes | 450/3 | €0 | €9,957 | +€9,957 | |
| Remuneration and social security | 454/9 | €8,151 | €6,329 | -€1,823 | -22.4% |
| Other amounts payable | 47/48 | €21,956 | €11,760 | -€10,196 | -46.4% |
| Accrued charges and deferred income | 492/3 | €296 | €1,949 | +€1,653 | +559% |
| Remuneration, social security and pensions | 62 | €142,003 | €99,161 | -€42,842 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,417 | €53,207 | +€1,790 | +3.5% |
| Other operating charges | 640/8 | €55,097 | €29,280 | -€25,817 | -46.9% |
| Gross operating margin | 9900 | €258,149 | €309,368 | +€51,219 | +19.8% |
| Operating profit (loss) | 9901 | €9,633 | €127,720 | +€118,087 | +1,226% |
| Financial income | 75/76B | €163 | €1,496 | +€1,333 | +820% |
| Recurring financial income | 75 | €163 | €1,496 | +€1,333 | +820% |
| Financial charges | 65/66B | €2,223 | €11,398 | +€9,175 | +413% |
| Recurring financial charges | 65 | €2,223 | €11,398 | +€9,175 | +413% |
| Profit (loss) for the period before taxes | 9903 | €7,572 | €117,818 | +€110,246 | +1,456% |
| Income taxes | 67/77 | €2,773 | €39,957 | +€37,184 | +1,341% |
| Profit (loss) for the period | 9904 | €4,799 | €77,861 | +€73,062 | +1,522% |
| Profit (loss) for the period to be appropriated | 9905 | €4,799 | €77,861 | +€73,062 | +1,522% |
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 22 October 2026 via checked.be.