SALON 12: 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.
SALON 12
Largest movements
- Tangible fixed assets -€7,003
down €7,003 (-3.2%), from €222,252 to €215,249
of which Land and buildings: -€6,868
- Debts after one year -€15,870
down €15,870 (-12.7%), from €125,433 to €109,563
- Reserves +€4,076
up €4,076 (+13.2%), from €30,988 to €35,063
- Other debts +€3,557
up €3,557 (+11.3%), from €31,362 to €34,919
- Gross operating margin +€2,555
up €2,555 (+16.1%), from €15,908 to €18,464
- Taxes +€1,104
up €1,104 (+118%), from €935 to €2,040
- Depreciation -€190
down €190 (-2.6%), from €7,193 to €7,003
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 | €223,555 | €218,420 | -€5,135 | -2.3% |
| Fixed assets | 21/28 | €222,252 | €215,249 | -€7,003 | -3.2% |
| Tangible fixed assets | 22/27 | €222,252 | €215,249 | -€7,003 | -3.2% |
| Land and buildings | 22 | €221,242 | €214,374 | -€6,868 | -3.1% |
| Plant, machinery and equipment | 23 | €1,010 | €875 | -€135 | -13.4% |
| Current assets | 29/58 | €1,303 | €3,171 | +€1,867 | +143% |
| Cash at bank and in hand | 54/58 | €1,303 | €3,171 | +€1,867 | +143% |
| Total equity and liabilities | 10/49 | €223,555 | €218,420 | -€5,135 | -2.3% |
| Equity | 10/15 | €49,538 | €53,613 | +€4,076 | +8.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €30,988 | €35,063 | +€4,076 | +13.2% |
| Distributable reserves | 133 | €30,988 | €35,063 | +€4,076 | +13.2% |
| Amounts payable | 17/49 | €174,018 | €164,806 | -€9,211 | -5.3% |
| Amounts payable after more than one year | 17 | €125,433 | €109,563 | -€15,870 | -12.7% |
| Financial debts | 170/4 | €125,433 | €109,563 | -€15,870 | -12.7% |
| Amounts payable within one year | 42/48 | €48,585 | €54,264 | +€5,679 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €15,562 | €15,870 | +€307 | +2.0% |
| Trade debts | 44 | €725 | €1,435 | +€710 | +97.9% |
| Suppliers | 440/4 | €725 | €1,435 | +€710 | +97.9% |
| Taxes, remuneration and social security | 45 | €935 | €2,040 | +€1,104 | +118% |
| Taxes | 450/3 | €935 | €2,040 | +€1,104 | +118% |
| Other amounts payable | 47/48 | €31,362 | €34,919 | +€3,557 | +11.3% |
| Accrued charges and deferred income | 492/3 | - | €980 | +€980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,193 | €7,003 | -€190 | -2.6% |
| Other operating charges | 640/8 | €1,919 | €1,978 | +€59 | +3.1% |
| Gross operating margin | 9900 | €15,908 | €18,464 | +€2,555 | +16.1% |
| Operating profit (loss) | 9901 | €6,796 | €9,482 | +€2,686 | +39.5% |
| Financial charges | 65/66B | €3,365 | €3,367 | +€3 | +0.1% |
| Recurring financial charges | 65 | €3,365 | €3,367 | +€3 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €3,431 | €6,115 | +€2,684 | +78.2% |
| Income taxes | 67/77 | €935 | €2,040 | +€1,104 | +118% |
| Profit (loss) for the period | 9904 | €2,496 | €4,076 | +€1,579 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,496 | €4,076 | +€1,579 | +63.3% |
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 17 October 2026 via checked.be.