SALOUM & CO: 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.
SALOUM & CO
Largest movements
- Stocks and contracts -€30,560
down €30,560 (-12.3%), from €248,941 to €218,381
- Receivables within one year -€4,116
down €4,116 (-2.8%), from €147,043 to €142,926
of which Trade receivables: -€18,362
- Other debts -€41,821
down €41,821 (-30.8%), from €135,811 to €93,991
- Debts after one year +€16,687
up €16,687 (+136%), from €12,297 to €28,983
of which Advances received on contracts in progress: +€24,000
- Tax, wage and social debts -€8,515
down €8,515 (-19.1%), from €44,524 to €36,008
of which Remuneration and social security: -€7,137
- Profit (loss) carried forward +€5,393
up €5,393 (+7.6%), from €70,578 to €75,971
- Gross operating margin -€28,971
down €28,971 (-32.9%), from €88,081 to €59,110
- Write-downs +€20,000
new in 2024: €20,000
- Taxes -€4,565
down €4,565 (-70.4%), from €6,485 to €1,920
- Staff costs -€2,020
down €2,020 (-6.9%), from €29,308 to €27,288
- Depreciation -€1,385
no longer reported in 2024 (was €1,385)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €409,990 | €380,380 | -€29,610 | -7.2% |
| Fixed assets | 21/28 | €13,772 | €17,066 | +€3,294 | +23.9% |
| Financial fixed assets | 28 | €13,772 | €17,066 | +€3,294 | +23.9% |
| Current assets | 29/58 | €396,219 | €363,314 | -€32,904 | -8.3% |
| Stocks and contracts in progress | 3 | €248,941 | €218,381 | -€30,560 | -12.3% |
| Stocks | 30/36 | €248,941 | €218,381 | -€30,560 | -12.3% |
| Amounts receivable within one year | 40/41 | €147,043 | €142,926 | -€4,116 | -2.8% |
| Trade receivables | 40 | €146,503 | €128,141 | -€18,362 | -12.5% |
| Other amounts receivable | 41 | €539 | €14,785 | +€14,246 | +2,641% |
| Cash at bank and in hand | 54/58 | €15 | €1,787 | +€1,772 | +12,205% |
| Deferred charges and accrued income | 490/1 | €220 | €220 | = | 0.0% |
| Total equity and liabilities | 10/49 | €409,990 | €380,380 | -€29,610 | -7.2% |
| Equity | 10/15 | €84,117 | €89,510 | +€5,393 | +6.4% |
| Contributions | 10/11 | €12,800 | €12,800 | = | 0.0% |
| Reserves | 13 | €739 | €739 | = | 0.0% |
| Non-distributable reserves | 130/1 | €739 | €739 | = | 0.0% |
| Reserves not available under the articles | 1311 | €739 | €739 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,578 | €75,971 | +€5,393 | +7.6% |
| Amounts payable | 17/49 | €325,873 | €290,870 | -€35,003 | -10.7% |
| Amounts payable after more than one year | 17 | €12,297 | €28,983 | +€16,687 | +136% |
| Financial debts | 170/4 | €12,297 | €4,983 | -€7,313 | -59.5% |
| Advances received on contracts in progress | 176 | - | €24,000 | +€24,000 | |
| Amounts payable within one year | 42/48 | €313,576 | €261,887 | -€51,690 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €7,328 | €6,678 | -€650 | -8.9% |
| Trade debts | 44 | €125,913 | €125,209 | -€703 | -0.6% |
| Suppliers | 440/4 | €125,913 | €125,209 | -€703 | -0.6% |
| Taxes, remuneration and social security | 45 | €44,524 | €36,008 | -€8,515 | -19.1% |
| Taxes | 450/3 | €11,841 | €10,462 | -€1,378 | -11.6% |
| Remuneration and social security | 454/9 | €32,683 | €25,546 | -€7,137 | -21.8% |
| Other amounts payable | 47/48 | €135,811 | €93,991 | -€41,821 | -30.8% |
| Remuneration, social security and pensions | 62 | €29,308 | €27,288 | -€2,020 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,385 | - | -€1,385 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,000 | +€20,000 | |
| Other operating charges | 640/8 | €1,247 | €1,410 | +€163 | +13.1% |
| Non-recurring operating charges | 66A | €5,404 | €2,928 | -€2,476 | -45.8% |
| Gross operating margin | 9900 | €88,081 | €59,110 | -€28,971 | -32.9% |
| Operating profit (loss) | 9901 | €50,737 | €7,484 | -€43,254 | -85.3% |
| Financial charges | 65/66B | €571 | €171 | -€400 | -70.0% |
| Recurring financial charges | 65 | €571 | €171 | -€400 | -70.0% |
| Profit (loss) for the period before taxes | 9903 | €50,166 | €7,312 | -€42,854 | -85.4% |
| Income taxes | 67/77 | €6,485 | €1,920 | -€4,565 | -70.4% |
| Profit (loss) for the period | 9904 | €43,681 | €5,393 | -€38,289 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,681 | €5,393 | -€38,289 | -87.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.