SALT BLONDE: 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.
SALT BLONDE
Largest movements
- Cash +€25,177
up €25,177 (+160%), from €15,724 to €40,901
mainly Net result for the year (+€44,554) and Tax, wage and social debts (+€18,283)
- Tangible fixed assets -€13,873
down €13,873 (-3.9%), from €358,903 to €345,030
of which Land and buildings: -€12,826
- Receivables within one year -€6,075
down €6,075 (-82.0%), from €7,410 to €1,335
of which Trade receivables: -€6,532
- Stocks and contracts +€6,020
up €6,020 (+45.1%), from €13,354 to €19,374
- Reserves +€44,554
up €44,554 (+186%), from €24,000 to €68,554
of which Non-distributable reserves: +€44,554
- Other debts -€27,703
down €27,703 (-51.7%), from €53,563 to €25,859
- Debts after one year -€25,987
down €25,987 (-10.8%), from €241,086 to €215,099
- Tax, wage and social debts +€18,283
up €18,283 (+185%), from €9,866 to €28,149
of which Taxes: +€16,181
- Gross operating margin +€71,489
up €71,489 (+142%), from €50,290 to €121,779
- Staff costs +€19,030
up €19,030 (+131%), from €14,547 to €33,578
- Taxes +€11,913
new in 2025: €11,913
- Other operating charges +€2,666
up €2,666 (+815%), from €327 to €2,993
- Financial charges +€1,469
up €1,469 (+25.3%), from €5,817 to €7,286
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 | €398,507 | €410,321 | +€11,815 | +3.0% |
| Fixed assets | 21/28 | €361,213 | €346,910 | -€14,303 | -4.0% |
| Intangible fixed assets | 21 | €2,150 | €1,720 | -€430 | -20.0% |
| Tangible fixed assets | 22/27 | €358,903 | €345,030 | -€13,873 | -3.9% |
| Land and buildings | 22 | €337,368 | €324,543 | -€12,826 | -3.8% |
| Plant, machinery and equipment | 23 | €17,594 | €14,107 | -€3,487 | -19.8% |
| Furniture and vehicles | 24 | €3,941 | €6,380 | +€2,439 | +61.9% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €37,293 | €63,411 | +€26,118 | +70.0% |
| Stocks and contracts in progress | 3 | €13,354 | €19,374 | +€6,020 | +45.1% |
| Stocks | 30/36 | €13,354 | €19,374 | +€6,020 | +45.1% |
| Amounts receivable within one year | 40/41 | €7,410 | €1,335 | -€6,075 | -82.0% |
| Trade receivables | 40 | €7,410 | €878 | -€6,532 | -88.2% |
| Other amounts receivable | 41 | - | €457 | +€457 | |
| Cash at bank and in hand | 54/58 | €15,724 | €40,901 | +€25,177 | +160% |
| Deferred charges and accrued income | 490/1 | €805 | €1,801 | +€996 | +124% |
| Total equity and liabilities | 10/49 | €398,507 | €410,321 | +€11,815 | +3.0% |
| Equity | 10/15 | €49,312 | €93,866 | +€44,554 | +90.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €24,000 | €68,554 | +€44,554 | +186% |
| Non-distributable reserves | 130/1 | - | €44,554 | +€44,554 | |
| Other | 1319 | - | €44,554 | +€44,554 | |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €312 | €312 | = | 0.0% |
| Amounts payable | 17/49 | €349,195 | €316,456 | -€32,739 | -9.4% |
| Amounts payable after more than one year | 17 | €241,086 | €215,099 | -€25,987 | -10.8% |
| Financial debts | 170/4 | €241,086 | €215,099 | -€25,987 | -10.8% |
| Amounts payable within one year | 42/48 | €108,109 | €98,739 | -€9,369 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €25,405 | €25,987 | +€583 | +2.3% |
| Trade debts | 44 | €19,275 | €18,744 | -€532 | -2.8% |
| Suppliers | 440/4 | €19,275 | €18,744 | -€532 | -2.8% |
| Taxes, remuneration and social security | 45 | €9,866 | €28,149 | +€18,283 | +185% |
| Taxes | 450/3 | €8,348 | €24,529 | +€16,181 | +194% |
| Remuneration and social security | 454/9 | €1,518 | €3,620 | +€2,102 | +138% |
| Other amounts payable | 47/48 | €53,563 | €25,859 | -€27,703 | -51.7% |
| Accrued charges and deferred income | 492/3 | - | €2,618 | +€2,618 | |
| Remuneration, social security and pensions | 62 | €14,547 | €33,578 | +€19,030 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,187 | €18,118 | +€931 | +5.4% |
| Other operating charges | 640/8 | €327 | €2,993 | +€2,666 | +815% |
| Non-recurring operating charges | 66A | €7,928 | €3,338 | -€4,590 | -57.9% |
| Gross operating margin | 9900 | €50,290 | €121,779 | +€71,489 | +142% |
| Operating profit (loss) | 9901 | €10,301 | €63,752 | +€53,452 | +519% |
| Financial charges | 65/66B | €5,817 | €7,286 | +€1,469 | +25.3% |
| Recurring financial charges | 65 | €5,817 | €7,286 | +€1,469 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €4,484 | €56,467 | +€51,983 | +1,159% |
| Income taxes | 67/77 | - | €11,913 | +€11,913 | |
| Profit (loss) for the period | 9904 | €4,484 | €44,554 | +€40,070 | +894% |
| Profit (loss) for the period to be appropriated | 9905 | €4,484 | €44,554 | +€40,070 | +894% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.