SALLEMEYN: 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.
SALLEMEYN
Largest movements
- Tangible fixed assets -€13,794
down €13,794 (-30.4%), from €45,432 to €31,638
of which Furniture and vehicles: -€7,865
- Receivables within one year -€10,717
down €10,717 (-39.2%), from €27,342 to €16,624
of which Trade receivables: -€10,717
- Cash +€5,349
up €5,349 (+43.1%), from €12,410 to €17,759
mainly Depreciation (+€15,254) and Receivables within one year (+€10,717)
- Deferred charges and accrued income -€1,146
down €1,146 (-22.1%), from €5,192 to €4,046
- Profit (loss) carried forward -€13,649
down €13,649 (-24.4%), from -€55,920 to -€69,569
- Debts after one year -€6,135
down €6,135 (-9.5%), from €64,488 to €58,352
of which Financial debts: -€5,754
- Tax, wage and social debts -€3,111
down €3,111 (-51.1%), from €6,090 to €2,980
- Trade debts +€1,750
up €1,750 (+127.5%), from €1,373 to €3,123
- Depreciation +€1,932
up €1,932 (+14.5%), from €13,322 to €15,254
- Gross operating margin -€1,374
down €1,374 (-21.4%), from €6,413 to €5,039
- Financial income -€316
down €316 (-92.5%), from €342 to €26
- Financial charges -€237
down €237 (-12.1%), from €1,949 to €1,712
- Other operating charges +€88
up €88 (+5.3%), from €1,661 to €1,748
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 | €99,694 | €79,146 | -€20,548 | -20.6% |
| Fixed assets | 21/28 | €50,396 | €35,717 | -€14,679 | -29.1% |
| Intangible fixed assets | 21 | €4,964 | €4,079 | -€884 | -17.8% |
| Tangible fixed assets | 22/27 | €45,432 | €31,638 | -€13,794 | -30.4% |
| Plant, machinery and equipment | 23 | - | €474 | +€474 | |
| Furniture and vehicles | 24 | €17,420 | €9,555 | -€7,865 | -45.2% |
| Leasing and similar rights | 25 | €28,012 | €21,609 | -€6,403 | -22.9% |
| Current assets | 29/58 | €49,298 | €43,429 | -€5,869 | -11.9% |
| Stocks and contracts in progress | 3 | €4,354 | €5,000 | +€646 | +14.8% |
| Stocks | 30/36 | €4,354 | €5,000 | +€646 | +14.8% |
| Amounts receivable within one year | 40/41 | €27,342 | €16,624 | -€10,717 | -39.2% |
| Trade receivables | 40 | €24,407 | €13,690 | -€10,717 | -43.9% |
| Other amounts receivable | 41 | €2,935 | €2,935 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,410 | €17,759 | +€5,349 | +43.1% |
| Deferred charges and accrued income | 490/1 | €5,192 | €4,046 | -€1,146 | -22.1% |
| Total equity and liabilities | 10/49 | €99,694 | €79,146 | -€20,548 | -20.6% |
| Equity | 10/15 | €11,411 | -€2,239 | -€13,649 | |
| Contributions | 10/11 | €52,080 | €52,080 | = | 0.0% |
| Reserves | 13 | €15,250 | €15,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €250 | €250 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,920 | -€69,569 | -€13,649 | -24.4% |
| Amounts payable | 17/49 | €88,284 | €81,385 | -€6,898 | -7.8% |
| Amounts payable after more than one year | 17 | €64,488 | €58,352 | -€6,135 | -9.5% |
| Financial debts | 170/4 | €20,119 | €14,365 | -€5,754 | -28.6% |
| Other amounts payable | 178/9 | €44,369 | €43,987 | -€381 | -0.9% |
| Amounts payable within one year | 42/48 | €23,762 | €23,033 | -€729 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €5,526 | €5,754 | +€228 | +4.1% |
| Trade debts | 44 | €1,373 | €3,123 | +€1,750 | +127.5% |
| Suppliers | 440/4 | €1,373 | €3,123 | +€1,750 | +127.5% |
| Advances received on contracts in progress | 46 | €10,773 | €11,177 | +€404 | +3.8% |
| Taxes, remuneration and social security | 45 | €6,090 | €2,980 | -€3,111 | -51.1% |
| Taxes | 450/3 | €6,090 | €2,980 | -€3,111 | -51.1% |
| Accrued charges and deferred income | 492/3 | €34 | €0 | -€34 | -100.0% |
| Non-recurring operating income | 76A | €8,264 | €0 | -€8,264 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,322 | €15,254 | +€1,932 | +14.5% |
| Other operating charges | 640/8 | €1,661 | €1,748 | +€88 | +5.3% |
| Gross operating margin | 9900 | €6,413 | €5,039 | -€1,374 | -21.4% |
| Operating profit (loss) | 9901 | -€8,570 | -€11,963 | -€3,393 | -39.6% |
| Financial income | 75/76B | €342 | €26 | -€316 | -92.5% |
| Recurring financial income | 75 | €342 | €26 | -€316 | -92.5% |
| Financial charges | 65/66B | €1,949 | €1,712 | -€237 | -12.1% |
| Recurring financial charges | 65 | €1,949 | €1,712 | -€237 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,177 | -€13,649 | -€3,472 | -34.1% |
| Profit (loss) for the period | 9904 | -€10,177 | -€13,649 | -€3,472 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,177 | -€13,649 | -€3,472 | -34.1% |
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 10 October 2026 via checked.be.