SALTA ENERGY: what changed
What changed
SALTA ENERGY
NACE 74.999, Other professional, scientific and technical activities
filed annual accounts (NBB)
Net result for the year
€241,021
2024 · €584,422-€343,401
Equity
€992,332
2024 · €851,311+€141,021
Cash
€1.9m
2024 · €2.4m-€509,253
Balance sheet total
€2.2m
2024 · €2.9m-€647,647
Largest movements
Assets
- Cash -€509,253
down €509,253 (-21.4%), from €2.4m to €1.9m
mainly Advances received (-€377,541) and Other debts (-€340,000)
- Stocks and contracts -€78,890
down €78,890 (-82.0%), from €96,254 to €17,364
- Receivables within one year -€51,556
down €51,556 (-17.1%), from €300,749 to €249,193
of which Trade receivables: -€101,902
Equity and liabilities
- Advances received -€377,541
down €377,541 (-34.2%), from €1.1m to €725,872
- Other debts -€340,000
down €340,000 (-77.2%), from €440,162 to €100,162
- Reserves +€141,021
up €141,021 (+18.8%), from €751,311 to €892,332
of which Distributable reserves: +€141,021
- Trade debts +€68,324
up €68,324 (+36.3%), from €188,030 to €256,355
- Accrued charges and deferred income -€64,000
down €64,000 (-100%), from €64,000 to €0
Income statement
- Gross operating margin -€432,039
down €432,039 (-33.1%), from €1.3m to €874,388
- Provisions -€152,500
down €152,500, from €95,000 to -€57,500
- Staff costs +€37,810
up €37,810 (+7.2%), from €527,141 to €564,951
- Write-downs +€23,963
up €23,963 (+157%), from €15,300 to €39,263
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€584,422
Gross operating margin
-€432,039
Staff costs
-€37,810
Depreciation
-€2,742
Write-downs
-€23,963
Provisions
+€152,500
Other operating charges
+€1,258
Financial income
+€11,806
Financial charges
-€10,603
Taxes
-€1,808
Result 2025
€241,021
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€366,780
Investment
-€12,832
Financing
-€129,641
Cash 2024
€2.4m
From operations (derived)
-€366,780
Net result for the year
+€241,021
Depreciation
+€23,266
Stocks and contracts
+€78,890
Receivables within one year
+€51,556
Deferred charges and accrued income
-€2,485
Provisions
-€57,500
Trade debts
+€68,324
Tax, wage and social debts
+€11,690
Advances received
-€377,541
Other debts
-€340,000
Accrued charges and deferred income
-€64,000
Investment (derived)
-€12,832
Investment in fixed assets (net)
-€12,832
Financing
-€129,641
Current portion of long-term debt
-€32,257
Short-term financial debts
+€2,617
Contributions, distributions and other
-€100,000
Cash 2025
€1.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,862,435 | €2,214,788 | -€647,647 | -22.6% |
| Fixed assets | 21/28 | €69,568 | €59,134 | -€10,434 | -15.0% |
| Intangible fixed assets | 21 | €40,300 | €29,706 | -€10,594 | -26.3% |
| Tangible fixed assets | 22/27 | €29,268 | €29,428 | +€160 | +0.5% |
| Furniture and vehicles | 24 | €29,268 | €29,428 | +€160 | +0.5% |
| Current assets | 29/58 | €2,792,867 | €2,155,654 | -€637,213 | -22.8% |
| Stocks and contracts in progress | 3 | €96,254 | €17,364 | -€78,890 | -82.0% |
| Stocks | 30/36 | €96,254 | €17,364 | -€78,890 | -82.0% |
| Amounts receivable within one year | 40/41 | €300,749 | €249,193 | -€51,556 | -17.1% |
| Trade receivables | 40 | €258,705 | €156,803 | -€101,902 | -39.4% |
| Other amounts receivable | 41 | €42,044 | €92,390 | +€50,346 | +120% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,379,141 | €1,869,889 | -€509,253 | -21.4% |
| Deferred charges and accrued income | 490/1 | €16,722 | €19,208 | +€2,485 | +14.9% |
| Total equity and liabilities | 10/49 | €2,862,435 | €2,214,788 | -€647,647 | -22.6% |
| Equity | 10/15 | €851,311 | €992,332 | +€141,021 | +16.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €751,311 | €892,332 | +€141,021 | +18.8% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €741,311 | €882,332 | +€141,021 | +19.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €95,000 | €37,500 | -€57,500 | -60.5% |
| Provisions for liabilities and charges | 160/5 | €95,000 | €37,500 | -€57,500 | -60.5% |
| Other liabilities and charges | 164/5 | €95,000 | €37,500 | -€57,500 | -60.5% |
| Amounts payable | 17/49 | €1,916,123 | €1,184,956 | -€731,168 | -38.2% |
| Amounts payable within one year | 42/48 | €1,852,123 | €1,184,956 | -€667,168 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €32,257 | €0 | -€32,257 | -100% |
| Financial debts | 43 | €4,366 | €6,983 | +€2,617 | +59.9% |
| Other loans | 439 | €4,366 | €6,983 | +€2,617 | +59.9% |
| Trade debts | 44 | €188,030 | €256,355 | +€68,324 | +36.3% |
| Suppliers | 440/4 | €188,030 | €256,355 | +€68,324 | +36.3% |
| Advances received on contracts in progress | 46 | €1,103,413 | €725,872 | -€377,541 | -34.2% |
| Taxes, remuneration and social security | 45 | €83,894 | €95,584 | +€11,690 | +13.9% |
| Taxes | 450/3 | €27,780 | €31,028 | +€3,248 | +11.7% |
| Remuneration and social security | 454/9 | €56,114 | €64,556 | +€8,441 | +15.0% |
| Other amounts payable | 47/48 | €440,162 | €100,162 | -€340,000 | -77.2% |
| Accrued charges and deferred income | 492/3 | €64,000 | €0 | -€64,000 | -100% |
| Non-recurring operating income | 76A | €166 | - | -€166 | |
| Remuneration, social security and pensions | 62 | €527,141 | €564,951 | +€37,810 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,524 | €23,266 | +€2,742 | +13.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,300 | €39,263 | +€23,963 | +157% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €95,000 | -€57,500 | -€152,500 | |
| Other operating charges | 640/8 | €19,172 | €17,914 | -€1,258 | -6.6% |
| Gross operating margin | 9900 | €1,306,427 | €874,388 | -€432,039 | -33.1% |
| Operating profit (loss) | 9901 | €629,290 | €286,494 | -€342,796 | -54.5% |
| Financial income | 75/76B | €11,610 | €23,415 | +€11,806 | +102% |
| Recurring financial income | 75 | €11,610 | €23,415 | +€11,806 | +102% |
| Financial charges | 65/66B | €3,830 | €14,434 | +€10,603 | +277% |
| Recurring financial charges | 65 | €3,830 | €14,434 | +€10,603 | +277% |
| Profit (loss) for the period before taxes | 9903 | €637,070 | €295,476 | -€341,593 | -53.6% |
| Income taxes | 67/77 | €52,648 | €54,456 | +€1,808 | +3.4% |
| Profit (loss) for the period | 9904 | €584,422 | €241,021 | -€343,401 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €584,422 | €241,021 | -€343,401 | -58.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.