SalixCo: 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.
What changed
SalixCo
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€57,790
2024 · -€16,917+€74,707
Equity
€20.5m
2024 · €20.5m+€57,790
Cash
€274,304
2024 · €301,695-€27,392
Balance sheet total
€27.6m
2024 · €27.3m+€213,797
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Turnover +€962,334
up €962,334 (+33.1%), from €2.9m to €3.9m
- Services and other goods +€756,710
up €756,710 (+32.2%), from €2.3m to €3.1m
- Staff costs +€78,103
up €78,103 (+36.7%), from €212,831 to €290,934
- Depreciation +€51,113
up €51,113 (+69.1%), from €73,996 to €125,109
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.
Result 2024
-€16,917
Turnover
+€962,334
Other operating income
-€11,365
Services and other goods
-€756,710
Staff costs
-€78,103
Depreciation
-€51,113
Other operating charges
+€24,364
Other operating items
-€12,310
Financial income
-€1,562
Financial charges
-€479
Taxes
-€350
Result 2025
€57,790
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.
From operations
+€83,059
Investment
-€179,233
Financing
+€68,783
Cash 2024
€301,695
From operations (derived)
+€83,059
Net result for the year
+€57,790
Depreciation
+€125,109
Receivables within one year
-€169,615
Deferred charges and accrued income
-€17,449
Trade debts
+€22,602
Tax, wage and social debts
+€9,456
Other debts
+€53,711
Accrued charges and deferred income
+€1,456
Investment (derived)
-€179,233
Investment in fixed assets (net)
-€179,233
Financing
+€68,783
Debts after one year
+€68,783
Cash 2025
€274,304
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,336,608 | €27,550,405 | +€213,797 | +0.8% |
| Fixed assets | 21/28 | €25,664,889 | €25,719,014 | +€54,125 | +0.2% |
| Intangible fixed assets | 21 | €254,019 | €264,344 | +€10,326 | +4.1% |
| Tangible fixed assets | 22/27 | €88,450 | €118,441 | +€29,991 | +33.9% |
| Plant, machinery and equipment | 23 | €28,232 | €44,081 | +€15,849 | +56.1% |
| Furniture and vehicles | 24 | €48,035 | €40,610 | -€7,425 | -15.5% |
| Assets under construction and advance payments | 27 | €12,183 | €33,750 | +€21,568 | +177.0% |
| Financial fixed assets | 28 | €25,322,421 | €25,336,229 | +€13,808 | +0.1% |
| Affiliated companies | 280/1 | €25,322,421 | €25,322,421 | = | 0.0% |
| Participating interests | 280 | €24,000,000 | €24,000,000 | = | 0.0% |
| Amounts receivable | 281 | €1,322,421 | €1,322,421 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €13,808 | +€13,808 | |
| Amounts receivable and cash guarantees | 285/8 | - | €13,808 | +€13,808 | |
| Current assets | 29/58 | €1,671,719 | €1,831,392 | +€159,672 | +9.6% |
| Amounts receivable within one year | 40/41 | €1,355,702 | €1,525,317 | +€169,615 | +12.5% |
| Trade receivables | 40 | €1,299,282 | €1,429,295 | +€130,013 | +10.0% |
| Other amounts receivable | 41 | €56,421 | €96,022 | +€39,602 | +70.2% |
| Cash at bank and in hand | 54/58 | €301,695 | €274,304 | -€27,392 | -9.1% |
| Deferred charges and accrued income | 490/1 | €14,321 | €31,770 | +€17,449 | +121.8% |
| Total equity and liabilities | 10/49 | €27,336,608 | €27,550,405 | +€213,797 | +0.8% |
| Equity | 10/15 | €20,491,969 | €20,549,759 | +€57,790 | +0.3% |
| Contributions | 10/11 | €21,000,000 | €21,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€508,031 | -€450,241 | +€57,790 | +11.4% |
| Amounts payable | 17/49 | €6,844,639 | €7,000,646 | +€156,007 | +2.3% |
| Amounts payable after more than one year | 17 | €6,338,039 | €6,406,821 | +€68,783 | +1.1% |
| Financial debts | 170/4 | €6,338,039 | €6,406,821 | +€68,783 | +1.1% |
| Subordinated loans | 170 | €2,813,039 | €2,981,821 | +€168,783 | +6.0% |
| Credit institutions | 173 | €2,000,000 | €2,000,000 | = | 0.0% |
| Other loans | 174 | €1,525,000 | €1,425,000 | -€100,000 | -6.6% |
| Amounts payable within one year | 42/48 | €505,940 | €591,708 | +€85,768 | +17.0% |
| Trade debts | 44 | €379,498 | €402,100 | +€22,602 | +6.0% |
| Suppliers | 440/4 | €379,498 | €402,100 | +€22,602 | +6.0% |
| Taxes, remuneration and social security | 45 | €100,200 | €109,656 | +€9,456 | +9.4% |
| Taxes | 450/3 | €55,043 | €83,788 | +€28,744 | +52.2% |
| Remuneration and social security | 454/9 | €45,157 | €25,868 | -€19,289 | -42.7% |
| Other amounts payable | 47/48 | €26,242 | €79,953 | +€53,711 | +204.7% |
| Accrued charges and deferred income | 492/3 | €661 | €2,117 | +€1,456 | +220.3% |
| Operating income | 70/76A | €2,976,593 | €3,927,562 | +€950,969 | +31.9% |
| Turnover | 70 | €2,903,448 | €3,865,783 | +€962,334 | +33.1% |
| Other operating income | 74 | €73,145 | €61,780 | -€11,365 | -15.5% |
| Operating charges | 60/66A | €2,718,406 | €3,592,278 | +€873,872 | +32.1% |
| Services and other goods | 61 | €2,348,221 | €3,104,931 | +€756,710 | +32.2% |
| Remuneration, social security and pensions | 62 | €212,831 | €290,934 | +€78,103 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,996 | €125,109 | +€51,113 | +69.1% |
| Other operating charges | 640/8 | €74,273 | €49,910 | -€24,364 | -32.8% |
| Non-recurring operating charges | 66A | €9,086 | €21,395 | +€12,310 | +135.5% |
| Operating profit (loss) | 9901 | €258,187 | €335,284 | +€77,097 | +29.9% |
| Financial income | 75/76B | €60,065 | €58,503 | -€1,562 | -2.6% |
| Recurring financial income | 75 | €60,065 | €58,503 | -€1,562 | -2.6% |
| Income from financial fixed assets | 750 | €60,065 | €52,897 | -€7,168 | -11.9% |
| Other financial income | 752/9 | €0 | €5,606 | +€5,606 | |
| Financial charges | 65/66B | €335,168 | €335,647 | +€479 | +0.1% |
| Recurring financial charges | 65 | €335,168 | €335,647 | +€479 | +0.1% |
| Debt charges | 650 | €334,653 | €334,596 | -€57 | 0.0% |
| Other financial charges | 652/9 | €515 | €1,051 | +€536 | +104.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,917 | €58,140 | +€75,057 | |
| Income taxes | 67/77 | - | €350 | +€350 | |
| Taxes | 670/3 | - | €350 | +€350 | |
| Profit (loss) for the period | 9904 | -€16,917 | €57,790 | +€74,707 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,917 | €57,790 | +€74,707 |
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.