Salsifie Immo: 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 Immo
Largest movements
- Tangible fixed assets -€12,447
down €12,447 (-5.4%), from €232,509 to €220,062
of which Land and buildings: -€9,647
- Debts after one year -€27,813
down €27,813 (-29.8%), from €93,460 to €65,647
- Reserves +€12,880
up €12,880 (+21.8%), from €59,068 to €71,948
- Gross operating margin +€1,456
up €1,456 (+4.0%), from €36,333 to €37,790
- Taxes +€1,003
up €1,003 (+18.4%), from €5,450 to €6,453
- Financial charges -€837
down €837 (-19.8%), from €4,219 to €3,382
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 | €232,821 | €220,231 | -€12,590 | -5.4% |
| Fixed assets | 21/28 | €232,509 | €220,062 | -€12,447 | -5.4% |
| Tangible fixed assets | 22/27 | €232,509 | €220,062 | -€12,447 | -5.4% |
| Land and buildings | 22 | €209,649 | €200,002 | -€9,647 | -4.6% |
| Other tangible fixed assets | 26 | €22,860 | €20,060 | -€2,800 | -12.2% |
| Current assets | 29/58 | €313 | €169 | -€143 | -45.8% |
| Cash at bank and in hand | 54/58 | €313 | €169 | -€143 | -45.8% |
| Total equity and liabilities | 10/49 | €232,821 | €220,231 | -€12,590 | -5.4% |
| Equity | 10/15 | €71,496 | €84,385 | +€12,889 | +18.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €59,068 | €71,948 | +€12,880 | +21.8% |
| Distributable reserves | 133 | €59,068 | €71,948 | +€12,880 | +21.8% |
| Profit (loss) carried forward | 14 | €29 | €38 | +€9 | +31.3% |
| Amounts payable | 17/49 | €161,325 | €135,846 | -€25,479 | -15.8% |
| Amounts payable after more than one year | 17 | €93,460 | €65,647 | -€27,813 | -29.8% |
| Financial debts | 170/4 | €93,460 | €65,647 | -€27,813 | -29.8% |
| Amounts payable within one year | 42/48 | €67,230 | €69,563 | +€2,334 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €27,025 | €27,813 | +€788 | +2.9% |
| Financial debts | 43 | €1,521 | €1,682 | +€161 | +10.6% |
| Credit institutions | 430/8 | €1,521 | €1,682 | +€161 | +10.6% |
| Taxes, remuneration and social security | 45 | €2,017 | €2,402 | +€385 | +19.1% |
| Taxes | 450/3 | €2,017 | €2,402 | +€385 | +19.1% |
| Other amounts payable | 47/48 | €36,666 | €37,666 | +€1,000 | +2.7% |
| Accrued charges and deferred income | 492/3 | €635 | €635 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,447 | €12,447 | = | 0.0% |
| Other operating charges | 640/8 | €2,540 | €2,619 | +€79 | +3.1% |
| Gross operating margin | 9900 | €36,333 | €37,790 | +€1,456 | +4.0% |
| Operating profit (loss) | 9901 | €21,346 | €22,724 | +€1,378 | +6.5% |
| Financial charges | 65/66B | €4,219 | €3,382 | -€837 | -19.8% |
| Recurring financial charges | 65 | €4,219 | €3,382 | -€837 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €17,127 | €19,342 | +€2,214 | +12.9% |
| Income taxes | 67/77 | €5,450 | €6,453 | +€1,003 | +18.4% |
| Profit (loss) for the period | 9904 | €11,678 | €12,889 | +€1,211 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,678 | €12,889 | +€1,211 | +10.4% |
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 29 October 2026 via checked.be.