Salt IT: 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 IT
Largest movements
- Cash -€24,981
down €24,981 (-31.9%), from €78,426 to €53,445
mainly Other debts (-€77,363) and Receivables within one year (-€11,882)
- Receivables within one year +€11,882
up €11,882 (+234%), from €5,082 to €16,964
of which Trade receivables: +€13,480
- Deferred charges and accrued income -€2,391
down €2,391 (-96.1%), from €2,487 to €96
- Tangible fixed assets -€1,226
down €1,226 (-4.4%), from €28,110 to €26,885
of which Furniture and vehicles: -€1,226
- Other debts -€77,363
down €77,363 (-95.2%), from €81,226 to €3,863
- Profit (loss) carried forward +€60,548
up €60,548, from €0 to €60,548
- Gross operating margin +€12,338
up €12,338 (+18.6%), from €66,426 to €78,764
- Taxes +€2,398
up €2,398 (+17.9%), from €13,402 to €15,800
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 | €114,106 | €97,389 | -€16,717 | -14.7% |
| Fixed assets | 21/28 | €28,110 | €26,885 | -€1,226 | -4.4% |
| Tangible fixed assets | 22/27 | €28,110 | €26,885 | -€1,226 | -4.4% |
| Land and buildings | 22 | €25,000 | €25,000 | = | 0.0% |
| Furniture and vehicles | 24 | €3,110 | €1,885 | -€1,226 | -39.4% |
| Current assets | 29/58 | €85,996 | €70,505 | -€15,491 | -18.0% |
| Amounts receivable within one year | 40/41 | €5,082 | €16,964 | +€11,882 | +234% |
| Trade receivables | 40 | €3,485 | €16,964 | +€13,480 | +387% |
| Other amounts receivable | 41 | €1,598 | €0 | -€1,598 | -100% |
| Cash at bank and in hand | 54/58 | €78,426 | €53,445 | -€24,981 | -31.9% |
| Deferred charges and accrued income | 490/1 | €2,487 | €96 | -€2,391 | -96.1% |
| Total equity and liabilities | 10/49 | €114,106 | €97,389 | -€16,717 | -14.7% |
| Equity | 10/15 | €18,600 | €79,148 | +€60,548 | +326% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €60,548 | +€60,548 | |
| Amounts payable | 17/49 | €95,506 | €18,242 | -€77,264 | -80.9% |
| Amounts payable within one year | 42/48 | €95,506 | €18,242 | -€77,264 | -80.9% |
| Trade debts | 44 | €1,271 | €1,960 | +€689 | +54.2% |
| Suppliers | 440/4 | €1,271 | €1,960 | +€689 | +54.2% |
| Taxes, remuneration and social security | 45 | €13,009 | €12,418 | -€591 | -4.5% |
| Taxes | 450/3 | €10,099 | €9,508 | -€591 | -5.8% |
| Remuneration and social security | 454/9 | €2,910 | €2,910 | = | 0.0% |
| Other amounts payable | 47/48 | €81,226 | €3,863 | -€77,363 | -95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | €1,226 | +€710 | +138% |
| Other operating charges | 640/8 | €1,092 | €1,063 | -€29 | -2.7% |
| Gross operating margin | 9900 | €66,426 | €78,764 | +€12,338 | +18.6% |
| Operating profit (loss) | 9901 | €64,818 | €76,476 | +€11,658 | +18.0% |
| Financial income | 75/76B | €30 | €0 | -€30 | -99.9% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -99.9% |
| Financial charges | 65/66B | €125 | €128 | +€4 | +2.9% |
| Recurring financial charges | 65 | €125 | €128 | +€4 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €64,724 | €76,348 | +€11,624 | +18.0% |
| Income taxes | 67/77 | €13,402 | €15,800 | +€2,398 | +17.9% |
| Profit (loss) for the period | 9904 | €51,321 | €60,548 | +€9,226 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,321 | €60,548 | +€9,226 | +18.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.