SALT & MINT: 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 & MINT
Largest movements
- Tangible fixed assets -€6,683
down €6,683 (-33.0%), from €20,259 to €13,576
of which Furniture and vehicles: -€4,587
- Receivables within one year +€3,415
up €3,415, from €0 to €3,415
of which Other amounts receivable: +€2,385
- Financial fixed assets +€2,700
new in 2025: €2,700
- Cash +€1,330
up €1,330 (+1.5%), from €91,131 to €92,461
mainly Depreciation (+€10,894) and Net result for the year (+€7,661)
- Reserves +€7,661
up €7,661 (+31.3%), from €24,450 to €32,110
- Accrued charges and deferred income -€4,699
down €4,699 (-99.6%), from €4,716 to €17
- Trade debts -€3,310
down €3,310 (-28.4%), from €11,652 to €8,342
- Tax, wage and social debts +€1,932
up €1,932 (+15.6%), from €12,360 to €14,291
of which Remuneration and social security: +€4,379
- Staff costs +€13,280
up €13,280 (+16.2%), from €82,145 to €95,425
- Gross operating margin -€5,745
down €5,745 (-4.4%), from €130,785 to €125,041
- Financial charges -€5,120
down €5,120 (-58.0%), from €8,829 to €3,709
- Taxes -€4,377
down €4,377 (-54.3%), from €8,066 to €3,689
- Depreciation +€2,036
up €2,036 (+23.0%), from €8,857 to €10,894
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 | €119,549 | €120,043 | +€494 | +0.4% |
| Fixed assets | 21/28 | €21,733 | €17,443 | -€4,289 | -19.7% |
| Intangible fixed assets | 21 | €1,473 | €1,167 | -€307 | -20.8% |
| Tangible fixed assets | 22/27 | €20,259 | €13,576 | -€6,683 | -33.0% |
| Land and buildings | 22 | €2,565 | €1,992 | -€573 | -22.3% |
| Plant, machinery and equipment | 23 | €4,921 | €3,398 | -€1,523 | -30.9% |
| Furniture and vehicles | 24 | €12,773 | €8,186 | -€4,587 | -35.9% |
| Financial fixed assets | 28 | - | €2,700 | +€2,700 | |
| Current assets | 29/58 | €97,816 | €102,600 | +€4,784 | +4.9% |
| Stocks and contracts in progress | 3 | €2,493 | €2,193 | -€300 | -12.0% |
| Stocks | 30/36 | €2,493 | €2,193 | -€300 | -12.0% |
| Amounts receivable within one year | 40/41 | €0 | €3,415 | +€3,415 | |
| Trade receivables | 40 | €0 | €1,030 | +€1,030 | |
| Other amounts receivable | 41 | €0 | €2,385 | +€2,385 | |
| Cash at bank and in hand | 54/58 | €91,131 | €92,461 | +€1,330 | +1.5% |
| Deferred charges and accrued income | 490/1 | €4,192 | €4,531 | +€339 | +8.1% |
| Total equity and liabilities | 10/49 | €119,549 | €120,043 | +€494 | +0.4% |
| Equity | 10/15 | €27,950 | €35,610 | +€7,661 | +27.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €24,450 | €32,110 | +€7,661 | +31.3% |
| Distributable reserves | 133 | €24,450 | €32,110 | +€7,661 | +31.3% |
| Amounts payable | 17/49 | €91,599 | €84,433 | -€7,166 | -7.8% |
| Amounts payable within one year | 42/48 | €86,883 | €84,415 | -€2,468 | -2.8% |
| Trade debts | 44 | €11,652 | €8,342 | -€3,310 | -28.4% |
| Suppliers | 440/4 | €11,652 | €8,342 | -€3,310 | -28.4% |
| Taxes, remuneration and social security | 45 | €12,360 | €14,291 | +€1,932 | +15.6% |
| Taxes | 450/3 | €9,257 | €6,809 | -€2,448 | -26.4% |
| Remuneration and social security | 454/9 | €3,102 | €7,482 | +€4,379 | +141% |
| Other amounts payable | 47/48 | €62,871 | €61,783 | -€1,089 | -1.7% |
| Accrued charges and deferred income | 492/3 | €4,716 | €17 | -€4,699 | -99.6% |
| Remuneration, social security and pensions | 62 | €82,145 | €95,425 | +€13,280 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,857 | €10,894 | +€2,036 | +23.0% |
| Other operating charges | 640/8 | €2,196 | €3,734 | +€1,537 | +70.0% |
| Gross operating margin | 9900 | €130,785 | €125,041 | -€5,745 | -4.4% |
| Operating profit (loss) | 9901 | €37,587 | €14,988 | -€22,599 | -60.1% |
| Financial income | 75/76B | €26 | €70 | +€44 | +170% |
| Recurring financial income | 75 | €26 | €70 | +€44 | +170% |
| Financial charges | 65/66B | €8,829 | €3,709 | -€5,120 | -58.0% |
| Recurring financial charges | 65 | €8,829 | €3,709 | -€5,120 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €28,784 | €11,349 | -€17,434 | -60.6% |
| Income taxes | 67/77 | €8,066 | €3,689 | -€4,377 | -54.3% |
| Profit (loss) for the period | 9904 | €20,718 | €7,661 | -€13,057 | -63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,718 | €7,661 | -€13,057 | -63.0% |
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 26 October 2026 via checked.be.