Salix: 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.
Salix
Largest movements
- Tangible fixed assets -€47,586
down €47,586 (-4.6%), from €1.0m to €989,785
of which Land and buildings: -€43,814
- Debts after one year -€35,139
down €35,139 (-10.4%), from €337,439 to €302,300
of which Financial debts: -€35,139
- Profit (loss) carried forward -€24,142
down €24,142 (-5.6%), from -€432,853 to -€456,995
- Other debts +€23,784
up €23,784 (+5.0%), from €473,004 to €496,788
- Current portion of long-term debt -€11,329
down €11,329 (-22.5%), from €50,359 to €39,030
- Gross operating margin -€6,360
down €6,360 (-11.9%), from €53,241 to €46,880
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 | €1,041,191 | €993,434 | -€47,757 | -4.6% |
| Fixed assets | 21/28 | €1,037,371 | €989,785 | -€47,586 | -4.6% |
| Tangible fixed assets | 22/27 | €1,037,371 | €989,785 | -€47,586 | -4.6% |
| Land and buildings | 22 | €1,014,832 | €971,018 | -€43,814 | -4.3% |
| Plant, machinery and equipment | 23 | €19,889 | €16,787 | -€3,102 | -15.6% |
| Furniture and vehicles | 24 | €2,650 | €1,980 | -€670 | -25.3% |
| Current assets | 29/58 | €3,820 | €3,649 | -€171 | -4.5% |
| Cash at bank and in hand | 54/58 | €2,623 | €2,383 | -€240 | -9.2% |
| Deferred charges and accrued income | 490/1 | €1,197 | €1,266 | +€69 | +5.8% |
| Total equity and liabilities | 10/49 | €1,041,191 | €993,434 | -€47,757 | -4.6% |
| Equity | 10/15 | €163,508 | €139,366 | -€24,142 | -14.8% |
| Contributions | 10/11 | €482,827 | €482,827 | = | 0.0% |
| Capital | 10 | €482,827 | €482,827 | = | 0.0% |
| Issued capital | 100 | €482,827 | €482,827 | = | 0.0% |
| Revaluation surpluses | 12 | €109,073 | €109,073 | = | 0.0% |
| Reserves | 13 | €4,460 | €4,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,486 | €1,486 | = | 0.0% |
| Legal reserve | 130 | €1,486 | €1,486 | = | 0.0% |
| Distributable reserves | 133 | €2,975 | €2,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€432,853 | -€456,995 | -€24,142 | -5.6% |
| Amounts payable | 17/49 | €877,683 | €854,068 | -€23,615 | -2.7% |
| Amounts payable after more than one year | 17 | €337,439 | €302,300 | -€35,139 | -10.4% |
| Financial debts | 170/4 | €332,139 | €297,000 | -€35,139 | -10.6% |
| Other amounts payable | 178/9 | €5,300 | €5,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €533,770 | €542,974 | +€9,204 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €50,359 | €39,030 | -€11,329 | -22.5% |
| Trade debts | 44 | €10,407 | €7,157 | -€3,251 | -31.2% |
| Suppliers | 440/4 | €10,407 | €7,157 | -€3,251 | -31.2% |
| Other amounts payable | 47/48 | €473,004 | €496,788 | +€23,784 | +5.0% |
| Accrued charges and deferred income | 492/3 | €6,473 | €8,793 | +€2,320 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,935 | €59,480 | -€455 | -0.8% |
| Other operating charges | 640/8 | €10,471 | €10,883 | +€412 | +3.9% |
| Gross operating margin | 9900 | €53,241 | €46,880 | -€6,360 | -11.9% |
| Operating profit (loss) | 9901 | -€17,165 | -€23,483 | -€6,317 | -36.8% |
| Financial charges | 65/66B | €1,106 | €660 | -€447 | -40.4% |
| Recurring financial charges | 65 | €1,106 | €660 | -€447 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,272 | -€24,142 | -€5,870 | -32.1% |
| Profit (loss) for the period | 9904 | -€18,272 | -€24,142 | -€5,870 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,272 | -€24,142 | -€5,870 | -32.1% |
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 8 October 2026 via checked.be.