SALOAM: 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.
SALOAM
Largest movements
- Receivables within one year -€85,202
down €85,202 (-57.9%), from €147,233 to €62,031
of which Trade receivables: -€99,832
- Cash +€33,743
up €33,743 (+8.4%), from €402,345 to €436,088
mainly Receivables within one year (+€85,202) and Tax, wage and social debts (+€36,848)
- Tangible fixed assets -€29,962
down €29,962 (-94.6%), from €31,678 to €1,716
of which Furniture and vehicles: -€29,777
- Other debts -€106,273
down €106,273 (-86.6%), from €122,695 to €16,422
- Tax, wage and social debts +€36,848
up €36,848 (+285%), from €12,948 to €49,796
of which Remuneration and social security: +€39,563
- Trade debts -€13,572
down €13,572 (-51.8%), from €26,197 to €12,625
- Gross operating margin -€95,822
down €95,822 (-21.6%), from €442,873 to €347,051
- Staff costs +€32,954
up €32,954 (+10.6%), from €312,210 to €345,165
- Taxes -€26,464
down €26,464 (-86.7%), from €30,537 to €4,072
- Depreciation -€19,735
down €19,735 (-95.2%), from €20,740 to €1,005
- Financial income +€9,677
up €9,677 (+13,241%), from €73 to €9,750
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.
Derived cash bridge
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 | €581,256 | €499,835 | -€81,421 | -14.0% |
| Fixed assets | 21/28 | €31,678 | €1,716 | -€29,962 | -94.6% |
| Tangible fixed assets | 22/27 | €31,678 | €1,716 | -€29,962 | -94.6% |
| Plant, machinery and equipment | 23 | €529 | €344 | -€185 | -35.0% |
| Furniture and vehicles | 24 | €31,149 | €1,372 | -€29,777 | -95.6% |
| Current assets | 29/58 | €549,578 | €498,119 | -€51,459 | -9.4% |
| Amounts receivable within one year | 40/41 | €147,233 | €62,031 | -€85,202 | -57.9% |
| Trade receivables | 40 | €147,233 | €47,401 | -€99,832 | -67.8% |
| Other amounts receivable | 41 | - | €14,630 | +€14,630 | |
| Cash at bank and in hand | 54/58 | €402,345 | €436,088 | +€33,743 | +8.4% |
| Total equity and liabilities | 10/49 | €581,256 | €499,835 | -€81,421 | -14.0% |
| Equity | 10/15 | €417,035 | €420,992 | +€3,956 | +0.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €416,035 | €419,992 | +€3,956 | +1.0% |
| Distributable reserves | 133 | €416,035 | €419,992 | +€3,956 | +1.0% |
| Amounts payable | 17/49 | €164,221 | €78,843 | -€85,377 | -52.0% |
| Amounts payable within one year | 42/48 | €164,221 | €78,843 | -€85,377 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €2,380 | - | -€2,380 | |
| Trade debts | 44 | €26,197 | €12,625 | -€13,572 | -51.8% |
| Suppliers | 440/4 | €26,197 | €12,625 | -€13,572 | -51.8% |
| Taxes, remuneration and social security | 45 | €12,948 | €49,796 | +€36,848 | +285% |
| Taxes | 450/3 | €12,948 | €10,233 | -€2,715 | -21.0% |
| Remuneration and social security | 454/9 | - | €39,563 | +€39,563 | |
| Other amounts payable | 47/48 | €122,695 | €16,422 | -€106,273 | -86.6% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €312,210 | €345,165 | +€32,954 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,740 | €1,005 | -€19,735 | -95.2% |
| Other operating charges | 640/8 | €1,219 | €496 | -€723 | -59.3% |
| Non-recurring operating charges | 66A | €14,981 | - | -€14,981 | |
| Gross operating margin | 9900 | €442,873 | €347,051 | -€95,822 | -21.6% |
| Operating profit (loss) | 9901 | €93,722 | €385 | -€93,337 | -99.6% |
| Financial income | 75/76B | €73 | €9,750 | +€9,677 | +13,241% |
| Recurring financial income | 75 | €73 | €9,750 | +€9,677 | +13,241% |
| Financial charges | 65/66B | €4,052 | €2,106 | -€1,945 | -48.0% |
| Recurring financial charges | 65 | €4,052 | €299 | -€3,753 | -92.6% |
| Non-recurring financial charges | 66B | - | €1,808 | +€1,808 | |
| Profit (loss) for the period before taxes | 9903 | €89,744 | €8,029 | -€81,715 | -91.1% |
| Income taxes | 67/77 | €30,537 | €4,072 | -€26,464 | -86.7% |
| Profit (loss) for the period | 9904 | €59,207 | €3,956 | -€55,250 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,207 | €3,956 | -€55,250 | -93.3% |
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 24 October 2026 via checked.be.