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
- Stocks and contracts -€64,714
down €64,714 (-48.9%), from €132,376 to €67,663
- Current investments +€50,000
up €50,000 (+3.4%), from €1.5m to €1.5m
- Profit (loss) carried forward +€99,472
up €99,472, from -€99,472 to €0
- Reserves -€84,589
down €84,589 (-41.1%), from €205,707 to €121,119
of which Distributable reserves: -€84,589
- Financial income -€14,267
down €14,267 (-31.0%), from €46,012 to €31,745
- Gross operating margin -€4,148
down €4,148 (-34.8%), from €11,921 to €7,772
- Financial charges -€3,696
down €3,696 (-13.7%), from €27,032 to €23,336
- Other operating charges +€203
up €203 (+18.6%), from €1,095 to €1,298
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 | €1,669,931 | €1,671,931 | +€1,999 | +0.1% |
| Current assets | 29/58 | €1,669,931 | €1,671,931 | +€1,999 | +0.1% |
| Stocks and contracts in progress | 3 | €132,376 | €67,663 | -€64,714 | -48.9% |
| Stocks | 30/36 | €132,376 | €67,663 | -€64,714 | -48.9% |
| Amounts receivable within one year | 40/41 | €19,172 | €25,958 | +€6,786 | +35.4% |
| Trade receivables | 40 | €620 | €2,631 | +€2,011 | +324.5% |
| Other amounts receivable | 41 | €18,552 | €23,327 | +€4,775 | +25.7% |
| Current investments | 50/53 | €1,450,000 | €1,500,000 | +€50,000 | +3.4% |
| Cash at bank and in hand | 54/58 | €68,383 | €78,310 | +€9,926 | +14.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,669,931 | €1,671,931 | +€1,999 | +0.1% |
| Equity | 10/15 | €1,306,236 | €1,321,119 | +€14,883 | +1.1% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Capital | 10 | €1,200,000 | €1,200,000 | = | 0.0% |
| Issued capital | 100 | €1,200,000 | €1,200,000 | = | 0.0% |
| Reserves | 13 | €205,707 | €121,119 | -€84,589 | -41.1% |
| Non-distributable reserves | 130/1 | €120,000 | €120,000 | = | 0.0% |
| Legal reserve | 130 | €120,000 | €120,000 | = | 0.0% |
| Distributable reserves | 133 | €85,707 | €1,119 | -€84,589 | -98.7% |
| Profit (loss) carried forward | 14 | -€99,472 | €0 | +€99,472 | |
| Amounts payable | 17/49 | €363,696 | €350,812 | -€12,884 | -3.5% |
| Amounts payable within one year | 42/48 | €336,692 | €327,536 | -€9,155 | -2.7% |
| Trade debts | 44 | €0 | €2,174 | +€2,174 | |
| Suppliers | 440/4 | €0 | €2,174 | +€2,174 | |
| Advances received on contracts in progress | 46 | €750 | €0 | -€750 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,401 | €821 | -€579 | -41.4% |
| Taxes | 450/3 | €1,401 | €821 | -€579 | -41.4% |
| Other amounts payable | 47/48 | €334,541 | €324,541 | -€10,000 | -3.0% |
| Accrued charges and deferred income | 492/3 | €27,004 | €23,275 | -€3,729 | -13.8% |
| Other operating charges | 640/8 | €1,095 | €1,298 | +€203 | +18.6% |
| Gross operating margin | 9900 | €11,921 | €7,772 | -€4,148 | -34.8% |
| Operating profit (loss) | 9901 | €10,825 | €6,474 | -€4,352 | -40.2% |
| Financial income | 75/76B | €46,012 | €31,745 | -€14,267 | -31.0% |
| Recurring financial income | 75 | €46,012 | €31,745 | -€14,267 | -31.0% |
| Financial charges | 65/66B | €27,032 | €23,336 | -€3,696 | -13.7% |
| Recurring financial charges | 65 | €27,032 | €23,336 | -€3,696 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €29,806 | €14,883 | -€14,923 | -50.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €29,806 | €14,883 | -€14,923 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,806 | €14,883 | -€14,923 | -50.1% |
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 3 October 2026 via checked.be.