SALTA: 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.
SALTA
Largest movements
- Cash -€111,291
down €111,291 (-88.3%), from €126,000 to €14,709
mainly Contributions, distributions and other (-€177,000) and Deferred charges and accrued income (-€36,351)
- Deferred charges and accrued income +€36,351
up €36,351 (+418.8%), from €8,680 to €45,031
- Tangible fixed assets -€9,472
down €9,472 (-24.2%), from €39,207 to €29,735
of which Furniture and vehicles: -€9,311
- Reserves -€85,875
down €85,875 (-48.5%), from €177,174 to €91,299
- Gross operating margin +€9,056
up €9,056 (+7.5%), from €121,058 to €130,114
- Depreciation +€3,633
up €3,633 (+62.2%), from €5,839 to €9,472
- Taxes +€1,736
up €1,736 (+7.0%), from €24,953 to €26,689
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.
Cash bridge derived
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 | €187,646 | €103,918 | -€83,728 | -44.6% |
| Fixed assets | 21/28 | €39,307 | €29,835 | -€9,472 | -24.1% |
| Tangible fixed assets | 22/27 | €39,207 | €29,735 | -€9,472 | -24.2% |
| Land and buildings | 22 | €229 | €68 | -€161 | -70.2% |
| Furniture and vehicles | 24 | €38,978 | €29,667 | -€9,311 | -23.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €148,339 | €74,083 | -€74,256 | -50.1% |
| Amounts receivable within one year | 40/41 | €13,659 | €14,343 | +€684 | +5.0% |
| Trade receivables | 40 | €13,659 | €13,430 | -€229 | -1.7% |
| Other amounts receivable | 41 | €0 | €914 | +€914 | |
| Cash at bank and in hand | 54/58 | €126,000 | €14,709 | -€111,291 | -88.3% |
| Deferred charges and accrued income | 490/1 | €8,680 | €45,031 | +€36,351 | +418.8% |
| Total equity and liabilities | 10/49 | €187,646 | €103,918 | -€83,728 | -44.6% |
| Equity | 10/15 | €182,174 | €96,299 | -€85,875 | -47.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €177,174 | €91,299 | -€85,875 | -48.5% |
| Distributable reserves | 133 | €177,174 | €91,299 | -€85,875 | -48.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,472 | €7,620 | +€2,147 | +39.2% |
| Amounts payable within one year | 42/48 | €5,263 | €7,620 | +€2,357 | +44.8% |
| Trade debts | 44 | €2,389 | €3,901 | +€1,512 | +63.3% |
| Suppliers | 440/4 | €2,389 | €3,901 | +€1,512 | +63.3% |
| Taxes, remuneration and social security | 45 | €1,241 | €2,695 | +€1,454 | +117.1% |
| Taxes | 450/3 | €1,241 | €2,695 | +€1,454 | +117.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,633 | €1,024 | -€609 | -37.3% |
| Accrued charges and deferred income | 492/3 | €210 | €0 | -€210 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,839 | €9,472 | +€3,633 | +62.2% |
| Other operating charges | 640/8 | €713 | €529 | -€184 | -25.8% |
| Gross operating margin | 9900 | €121,058 | €130,114 | +€9,056 | +7.5% |
| Operating profit (loss) | 9901 | €114,507 | €120,113 | +€5,606 | +4.9% |
| Financial income | 75/76B | €125 | €0 | -€125 | -100.0% |
| Recurring financial income | 75 | €125 | €0 | -€125 | -100.0% |
| Financial charges | 65/66B | €2,794 | €2,299 | -€494 | -17.7% |
| Recurring financial charges | 65 | €2,794 | €2,299 | -€494 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €111,838 | €117,814 | +€5,975 | +5.3% |
| Income taxes | 67/77 | €24,953 | €26,689 | +€1,736 | +7.0% |
| Profit (loss) for the period | 9904 | €86,886 | €91,125 | +€4,240 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,886 | €91,125 | +€4,240 | +4.9% |
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 11 October 2026 via checked.be.