Salsifie: 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.
Salsifie
Largest movements
- Tangible fixed assets -€19,529
down €19,529 (-18.1%), from €107,883 to €88,354
of which Other tangible fixed assets: -€12,115
- Receivables within one year +€10,792
up €10,792 (+50.0%), from €21,601 to €32,393
of which Other amounts receivable: +€7,000
- Cash -€8,932
down €8,932 (-87.3%), from €10,237 to €1,305
mainly Debts after one year (-€19,204) and Net result for the year (-€12,671)
- Stocks and contracts -€1,950
down €1,950 (-39.8%), from €4,900 to €2,950
- Debts after one year -€19,204
down €19,204 (-32.7%), from €58,650 to €39,446
- Profit (loss) carried forward -€9,671
down €9,671, from €2 to -€9,669
- Trade debts +€4,303
up €4,303 (+83.1%), from €5,180 to €9,483
- Reserves -€3,000
down €3,000 (-36.1%), from €8,310 to €5,310
- Tax, wage and social debts +€2,745
up €2,745 (+55.6%), from €4,937 to €7,683
of which Taxes: +€2,787
- Gross operating margin -€60,160
down €60,160 (-78.0%), from €77,162 to €17,002
- Staff costs -€6,196
down €6,196 (-69.2%), from €8,951 to €2,755
- Taxes -€6,030
down €6,030 (-92.3%), from €6,530 to €500
- Depreciation +€2,620
up €2,620 (+13.2%), from €19,773 to €22,393
- Financial income -€1,948
down €1,948 (-99.9%), from €1,949 to €1
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 | €144,621 | €125,002 | -€19,619 | -13.6% |
| Fixed assets | 21/28 | €107,883 | €88,354 | -€19,529 | -18.1% |
| Tangible fixed assets | 22/27 | €107,883 | €88,354 | -€19,529 | -18.1% |
| Plant, machinery and equipment | 23 | €22,349 | €21,574 | -€775 | -3.5% |
| Furniture and vehicles | 24 | €26,369 | €19,730 | -€6,639 | -25.2% |
| Other tangible fixed assets | 26 | €59,165 | €47,049 | -€12,115 | -20.5% |
| Current assets | 29/58 | €36,738 | €36,648 | -€90 | -0.2% |
| Stocks and contracts in progress | 3 | €4,900 | €2,950 | -€1,950 | -39.8% |
| Stocks | 30/36 | €4,900 | €2,950 | -€1,950 | -39.8% |
| Amounts receivable within one year | 40/41 | €21,601 | €32,393 | +€10,792 | +50.0% |
| Trade receivables | 40 | €21,601 | €25,393 | +€3,792 | +17.6% |
| Other amounts receivable | 41 | - | €7,000 | +€7,000 | |
| Cash at bank and in hand | 54/58 | €10,237 | €1,305 | -€8,932 | -87.3% |
| Total equity and liabilities | 10/49 | €144,621 | €125,002 | -€19,619 | -13.6% |
| Equity | 10/15 | €38,312 | €25,641 | -€12,671 | -33.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €8,310 | €5,310 | -€3,000 | -36.1% |
| Distributable reserves | 133 | €8,310 | €5,310 | -€3,000 | -36.1% |
| Profit (loss) carried forward | 14 | €2 | -€9,669 | -€9,671 | |
| Amounts payable | 17/49 | €106,309 | €99,361 | -€6,948 | -6.5% |
| Amounts payable after more than one year | 17 | €58,650 | €39,446 | -€19,204 | -32.7% |
| Financial debts | 170/4 | €58,650 | €39,446 | -€19,204 | -32.7% |
| Amounts payable within one year | 42/48 | €47,412 | €59,717 | +€12,305 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €18,779 | €19,204 | +€425 | +2.3% |
| Financial debts | 43 | - | €2,523 | +€2,523 | |
| Credit institutions | 430/8 | - | €2,523 | +€2,523 | |
| Trade debts | 44 | €5,180 | €9,483 | +€4,303 | +83.1% |
| Suppliers | 440/4 | €5,180 | €9,483 | +€4,303 | +83.1% |
| Taxes, remuneration and social security | 45 | €4,937 | €7,683 | +€2,745 | +55.6% |
| Taxes | 450/3 | €4,896 | €7,683 | +€2,787 | +56.9% |
| Remuneration and social security | 454/9 | €41 | - | -€41 | |
| Other amounts payable | 47/48 | €18,516 | €20,825 | +€2,308 | +12.5% |
| Accrued charges and deferred income | 492/3 | €247 | €198 | -€49 | -19.9% |
| Non-recurring operating income | 76A | €5,579 | €63 | -€5,516 | -98.9% |
| Remuneration, social security and pensions | 62 | €8,951 | €2,755 | -€6,196 | -69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,773 | €22,393 | +€2,620 | +13.2% |
| Other operating charges | 640/8 | €2,188 | €1,622 | -€566 | -25.9% |
| Gross operating margin | 9900 | €77,162 | €17,002 | -€60,160 | -78.0% |
| Operating profit (loss) | 9901 | €46,250 | -€9,769 | -€56,018 | |
| Financial income | 75/76B | €1,949 | €1 | -€1,948 | -99.9% |
| Recurring financial income | 75 | €1,949 | €1 | -€1,948 | -99.9% |
| Financial charges | 65/66B | €2,970 | €2,404 | -€566 | -19.1% |
| Recurring financial charges | 65 | €2,970 | €2,404 | -€566 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €45,229 | -€12,171 | -€57,400 | |
| Income taxes | 67/77 | €6,530 | €500 | -€6,030 | -92.3% |
| Profit (loss) for the period | 9904 | €38,699 | -€12,671 | -€51,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,699 | -€12,671 | -€51,371 |
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 21 October 2026 via checked.be.