SALMONCO: 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.
SALMONCO
Largest movements
- Cash +€64,425
up €64,425 (+6535.5%), from €986 to €65,411
mainly Net result for the year (+€78,401) and Tax, wage and social debts (+€17,799)
- Receivables within one year +€20,154
up €20,154 (+75.9%), from €26,540 to €46,694
- Tangible fixed assets -€1,306
down €1,306 (-18.4%), from €7,099 to €5,793
- Profit (loss) carried forward +€78,401
up €78,401 (+534.3%), from €14,675 to €93,076
- Tax, wage and social debts +€17,799
up €17,799 (+448.8%), from €3,966 to €21,765
- Other debts -€12,750
no longer reported in 2025 (was €12,750)
- Gross operating margin +€82,166
up €82,166 (+395.0%), from €20,803 to €102,969
- Taxes +€17,799
up €17,799 (+448.8%), from €3,966 to €21,765
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 | €35,955 | €119,799 | +€83,843 | +233.2% |
| Fixed assets | 21/28 | €7,099 | €5,793 | -€1,306 | -18.4% |
| Tangible fixed assets | 22/27 | €7,099 | €5,793 | -€1,306 | -18.4% |
| Furniture and vehicles | 24 | €7,099 | €5,793 | -€1,306 | -18.4% |
| Current assets | 29/58 | €28,856 | €114,006 | +€85,149 | +295.1% |
| Amounts receivable within one year | 40/41 | €26,540 | €46,694 | +€20,154 | +75.9% |
| Other amounts receivable | 41 | €26,540 | €46,694 | +€20,154 | +75.9% |
| Cash at bank and in hand | 54/58 | €986 | €65,411 | +€64,425 | +6535.5% |
| Deferred charges and accrued income | 490/1 | €1,330 | €1,901 | +€570 | +42.9% |
| Total equity and liabilities | 10/49 | €35,955 | €119,799 | +€83,843 | +233.2% |
| Equity | 10/15 | €16,675 | €95,076 | +€78,401 | +470.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,675 | €93,076 | +€78,401 | +534.3% |
| Amounts payable | 17/49 | €19,281 | €24,723 | +€5,442 | +28.2% |
| Amounts payable within one year | 42/48 | €19,281 | €24,723 | +€5,442 | +28.2% |
| Trade debts | 44 | €2,565 | €2,958 | +€393 | +15.3% |
| Suppliers | 440/4 | €2,565 | €2,958 | +€393 | +15.3% |
| Taxes, remuneration and social security | 45 | €3,966 | €21,765 | +€17,799 | +448.8% |
| Taxes | 450/3 | €3,966 | €21,765 | +€17,799 | +448.8% |
| Other amounts payable | 47/48 | €12,750 | - | -€12,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,103 | €2,792 | +€689 | +32.8% |
| Other operating charges | 640/8 | €59 | €347 | +€288 | +484.4% |
| Gross operating margin | 9900 | €20,803 | €102,969 | +€82,166 | +395.0% |
| Operating profit (loss) | 9901 | €18,641 | €99,830 | +€81,190 | +435.6% |
| Financial income | 75/76B | - | €408 | +€408 | |
| Recurring financial income | 75 | - | €408 | +€408 | |
| Financial charges | 65/66B | - | €72 | +€72 | |
| Recurring financial charges | 65 | - | €72 | +€72 | |
| Profit (loss) for the period before taxes | 9903 | €18,641 | €100,166 | +€81,526 | +437.4% |
| Income taxes | 67/77 | €3,966 | €21,765 | +€17,799 | +448.8% |
| Profit (loss) for the period | 9904 | €14,675 | €78,401 | +€63,726 | +434.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,675 | €78,401 | +€63,726 | +434.3% |
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.