SALSaero: 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.
SALSaero
Largest movements
- Cash +€26,419
up €26,419 (+58.4%), from €45,275 to €71,694
mainly Net result for the year (+€31,412) and Tax, wage and social debts (+€7,705)
- Receivables within one year +€6,110
up €6,110 (+35.0%), from €17,455 to €23,566
of which Other amounts receivable: +€15,310
- Profit (loss) carried forward +€31,412
up €31,412 (+78.7%), from €39,939 to €71,351
- Tax, wage and social debts +€7,705
up €7,705 (+57.5%), from €13,406 to €21,111
of which Taxes: +€7,705
- Trade debts -€5,672
down €5,672 (-70.8%), from €8,014 to €2,342
- Other debts -€1,309
down €1,309 (-100.0%), from €1,309 to €0
- Turnover -€115,459
no longer reported in 2025 (was €115,459)
- Purchases and services -€68,442
no longer reported in 2025 (was €68,442)
- Gross operating margin -€13,614
down €13,614 (-24.9%), from €54,592 to €40,978
- Taxes -€5,359
down €5,359 (-40.0%), from €13,406 to €8,047
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 | €64,667 | €96,804 | +€32,137 | +49.7% |
| Fixed assets | 21/28 | €925 | €642 | -€283 | -30.6% |
| Tangible fixed assets | 22/27 | €925 | €642 | -€283 | -30.6% |
| Furniture and vehicles | 24 | €925 | €642 | -€283 | -30.6% |
| Current assets | 29/58 | €63,742 | €96,162 | +€32,420 | +50.9% |
| Amounts receivable within one year | 40/41 | €17,455 | €23,566 | +€6,110 | +35.0% |
| Trade receivables | 40 | €16,254 | €7,054 | -€9,200 | -56.6% |
| Other amounts receivable | 41 | €1,202 | €16,512 | +€15,310 | +1274.2% |
| Cash at bank and in hand | 54/58 | €45,275 | €71,694 | +€26,419 | +58.4% |
| Deferred charges and accrued income | 490/1 | €1,011 | €902 | -€109 | -10.8% |
| Total equity and liabilities | 10/49 | €64,667 | €96,804 | +€32,137 | +49.7% |
| Equity | 10/15 | €41,939 | €73,351 | +€31,412 | +74.9% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,939 | €71,351 | +€31,412 | +78.7% |
| Amounts payable | 17/49 | €22,728 | €23,453 | +€725 | +3.2% |
| Amounts payable within one year | 42/48 | €22,728 | €23,453 | +€725 | +3.2% |
| Trade debts | 44 | €8,014 | €2,342 | -€5,672 | -70.8% |
| Suppliers | 440/4 | €8,014 | €2,342 | -€5,672 | -70.8% |
| Taxes, remuneration and social security | 45 | €13,406 | €21,111 | +€7,705 | +57.5% |
| Taxes | 450/3 | €13,406 | €21,111 | +€7,705 | +57.5% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €1,309 | €0 | -€1,309 | -100.0% |
| Turnover | 70 | €115,459 | - | -€115,459 | |
| Goods, raw materials, services and sundry goods | 60/61 | €68,442 | - | -€68,442 | |
| Remuneration, social security and pensions | 62 | €303 | - | -€303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27 | €283 | +€256 | +955.3% |
| Other operating charges | 640/8 | €846 | €949 | +€104 | +12.3% |
| Gross operating margin | 9900 | €54,592 | €40,978 | -€13,614 | -24.9% |
| Operating profit (loss) | 9901 | €53,416 | €39,745 | -€13,671 | -25.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €72 | €286 | +€214 | +296.8% |
| Recurring financial charges | 65 | €72 | €286 | +€214 | +296.8% |
| Profit (loss) for the period before taxes | 9903 | €53,345 | €39,459 | -€13,885 | -26.0% |
| Income taxes | 67/77 | €13,406 | €8,047 | -€5,359 | -40.0% |
| Profit (loss) for the period | 9904 | €39,939 | €31,412 | -€8,527 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,939 | €31,412 | -€8,527 | -21.3% |
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 8 October 2026 via checked.be.