SALLAUM TERMINAL: what changed
What changed
SALLAUM TERMINAL
NACE 52.241, Warehousing and support activities for transportation
filed annual accounts (NBB)
Net result for the year
-€254,013
2024 · -€342,746+€88,734
Equity
€2.6m
2024 · €2.8m-€254,013
Cash
€593,559
2024 · €585,771+€7,788
Balance sheet total
€21.6m
2024 · €15.8m+€5.8m
Largest movements
Assets
- Tangible fixed assets +€5.3m
up €5.3m (+42.0%), from €12.6m to €17.9m
of which Land and buildings: +€3.2m
- Receivables within one year +€640,919
up €640,919 (+32.4%), from €2.0m to €2.6m
of which Trade receivables: +€654,069
Equity and liabilities
- Debts after one year +€2.7m
up €2.7m (+31.1%), from €8.8m to €11.5m
- Trade debts +€2.0m
up €2.0m (+66.2%), from €3.0m to €5.0m
- Other debts +€980,000
up €980,000, from €0 to €980,000
- Current portion of long-term debt +€358,788
up €358,788 (+33.5%), from €1.1m to €1.4m
- Profit (loss) carried forward -€254,013
down €254,013 (-33.9%), from €749,917 to €495,905
Income statement
- Gross operating margin +€456,280
up €456,280 (+28.5%), from €1.6m to €2.1m
- Write-downs -€415,466
down €415,466 (-100%), from €415,466 to €0
- Depreciation +€372,389
up €372,389 (+125%), from €298,637 to €671,026
- Staff costs +€187,422
up €187,422 (+24.9%), from €752,243 to €939,665
- Financial charges +€177,314
up €177,314 (+273%), from €64,879 to €242,193
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€342,746
Gross operating margin
+€456,280
Staff costs
-€187,422
Depreciation
-€372,389
Write-downs
+€415,466
Other operating charges
-€45,674
Financial income
+€11
Financial charges
-€177,314
Taxes
-€226
Result 2025
-€254,013
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.9m
Investment
-€6.0m
Financing
+€3.1m
Cash 2024
€585,771
From operations (derived)
+€2.9m
Net result for the year
-€254,013
Depreciation
+€671,026
Receivables within one year
-€640,919
Deferred charges and accrued income
+€129,721
Trade debts
+€2.0m
Tax, wage and social debts
-€25,941
Other debts
+€980,000
Accrued charges and deferred income
+€32,568
Investment (derived)
-€6.0m
Investment in fixed assets (net)
-€6.0m
Financing
+€3.1m
Debts after one year
+€2.7m
Current portion of long-term debt
+€358,788
Cash 2025
€593,559
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,807,367 | €21,625,503 | +€5.8m | +36.8% |
| Fixed assets | 21/28 | €12,705,495 | €18,004,645 | +€5.3m | +41.7% |
| Tangible fixed assets | 22/27 | €12,628,495 | €17,927,645 | +€5.3m | +42.0% |
| Land and buildings | 22 | €9,416,018 | €12,651,065 | +€3.2m | +34.4% |
| Plant, machinery and equipment | 23 | €3,124,156 | €5,204,509 | +€2.1m | +66.6% |
| Furniture and vehicles | 24 | €88,320 | €72,070 | -€16,250 | -18.4% |
| Financial fixed assets | 28 | €77,000 | €77,000 | = | 0.0% |
| Current assets | 29/58 | €3,101,872 | €3,620,858 | +€518,986 | +16.7% |
| Amounts receivable within one year | 40/41 | €1,977,359 | €2,618,279 | +€640,919 | +32.4% |
| Trade receivables | 40 | €1,860,625 | €2,514,694 | +€654,069 | +35.2% |
| Other amounts receivable | 41 | €116,734 | €103,585 | -€13,150 | -11.3% |
| Cash at bank and in hand | 54/58 | €585,771 | €593,559 | +€7,788 | +1.3% |
| Deferred charges and accrued income | 490/1 | €538,741 | €409,020 | -€129,721 | -24.1% |
| Total equity and liabilities | 10/49 | €15,807,367 | €21,625,503 | +€5.8m | +36.8% |
| Equity | 10/15 | €2,827,737 | €2,573,724 | -€254,013 | -9.0% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €77,820 | €77,820 | = | 0.0% |
| Non-distributable reserves | 130/1 | €77,820 | €77,820 | = | 0.0% |
| Legal reserve | 130 | €77,820 | €77,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | €749,917 | €495,905 | -€254,013 | -33.9% |
| Amounts payable | 17/49 | €12,979,630 | €19,051,779 | +€6.1m | +46.8% |
| Amounts payable after more than one year | 17 | €8,776,755 | €11,509,101 | +€2.7m | +31.1% |
| Financial debts | 170/4 | €8,776,755 | €11,509,101 | +€2.7m | +31.1% |
| Amounts payable within one year | 42/48 | €4,202,875 | €7,510,109 | +€3.3m | +78.7% |
| Current portion of amounts payable after more than one year | 42 | €1,069,521 | €1,428,309 | +€358,788 | +33.5% |
| Trade debts | 44 | €3,014,353 | €5,008,740 | +€2.0m | +66.2% |
| Suppliers | 440/4 | €3,014,353 | €5,008,740 | +€2.0m | +66.2% |
| Taxes, remuneration and social security | 45 | €119,001 | €93,059 | -€25,941 | -21.8% |
| Taxes | 450/3 | €19,233 | €6,224 | -€13,009 | -67.6% |
| Remuneration and social security | 454/9 | €99,768 | €86,836 | -€12,932 | -13.0% |
| Other amounts payable | 47/48 | €0 | €980,000 | +€980,000 | |
| Accrued charges and deferred income | 492/3 | - | €32,568 | +€32,568 | |
| Non-recurring operating income | 76A | €15,224 | €544 | -€14,680 | -96.4% |
| Remuneration, social security and pensions | 62 | €752,243 | €939,665 | +€187,422 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298,637 | €671,026 | +€372,389 | +125% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €415,466 | €0 | -€415,466 | -100% |
| Other operating charges | 640/8 | €411,409 | €457,083 | +€45,674 | +11.1% |
| Gross operating margin | 9900 | €1,599,998 | €2,056,279 | +€456,280 | +28.5% |
| Operating profit (loss) | 9901 | -€277,756 | -€11,495 | +€266,262 | +95.9% |
| Financial income | 75/76B | €1 | €12 | +€11 | +1,098% |
| Recurring financial income | 75 | €1 | €12 | +€11 | +1,098% |
| Financial charges | 65/66B | €64,879 | €242,193 | +€177,314 | +273% |
| Recurring financial charges | 65 | €64,879 | €242,193 | +€177,314 | +273% |
| Profit (loss) for the period before taxes | 9903 | -€342,635 | -€253,675 | +€88,959 | +26.0% |
| Income taxes | 67/77 | €112 | €337 | +€226 | +202% |
| Profit (loss) for the period | 9904 | -€342,746 | -€254,013 | +€88,734 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€342,746 | -€254,013 | +€88,734 | +25.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.