Saltamontes: 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.
Saltamontes
Largest movements
- Receivables within one year -€4,291
down €4,291 (-48.5%), from €8,851 to €4,560
of which Trade receivables: -€4,654
- Cash +€1,334
up €1,334 (+3,537%), from €38 to €1,372
mainly Other debts (+€16,270) and Receivables within one year (+€4,291)
- Tangible fixed assets +€1,093
up €1,093 (+201%), from €543 to €1,636
of which Furniture and vehicles: +€1,495
- Deferred charges and accrued income +€111
up €111 (+7.3%), from €1,522 to €1,633
- Profit (loss) carried forward -€18,850
down €18,850 (-132%), from -€14,275 to -€33,125
- Other debts +€16,270
up €16,270 (+110%), from €14,796 to €31,066
- Tax, wage and social debts +€635
up €635 (+10.6%), from €6,015 to €6,650
of which Taxes: +€623
- Trade debts +€193
up €193 (+8.0%), from €2,417 to €2,610
- Gross operating margin -€5,710
down €5,710 (-63.7%), from -€8,968 to -€14,678
- Other operating charges +€2,027
up €2,027 (+168%), from €1,205 to €3,233
- Depreciation -€160
down €160 (-24.9%), from €641 to €482
- Financial charges +€154
up €154 (+90.2%), from €171 to €326
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 | €10,953 | €9,201 | -€1,753 | -16.0% |
| Fixed assets | 21/28 | €543 | €1,636 | +€1,093 | +201% |
| Tangible fixed assets | 22/27 | €543 | €1,636 | +€1,093 | +201% |
| Plant, machinery and equipment | 23 | €543 | €141 | -€402 | -74.0% |
| Furniture and vehicles | 24 | - | €1,495 | +€1,495 | |
| Current assets | 29/58 | €10,410 | €7,565 | -€2,846 | -27.3% |
| Amounts receivable within one year | 40/41 | €8,851 | €4,560 | -€4,291 | -48.5% |
| Trade receivables | 40 | €8,851 | €4,197 | -€4,654 | -52.6% |
| Other amounts receivable | 41 | - | €363 | +€363 | |
| Cash at bank and in hand | 54/58 | €38 | €1,372 | +€1,334 | +3,537% |
| Deferred charges and accrued income | 490/1 | €1,522 | €1,633 | +€111 | +7.3% |
| Total equity and liabilities | 10/49 | €10,953 | €9,201 | -€1,753 | -16.0% |
| Equity | 10/15 | -€12,275 | -€31,125 | -€18,850 | -154% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,275 | -€33,125 | -€18,850 | -132% |
| Amounts payable | 17/49 | €23,228 | €40,325 | +€17,097 | +73.6% |
| Amounts payable within one year | 42/48 | €23,228 | €40,325 | +€17,097 | +73.6% |
| Trade debts | 44 | €2,417 | €2,610 | +€193 | +8.0% |
| Suppliers | 440/4 | €2,417 | €2,610 | +€193 | +8.0% |
| Taxes, remuneration and social security | 45 | €6,015 | €6,650 | +€635 | +10.6% |
| Taxes | 450/3 | €3,990 | €4,614 | +€623 | +15.6% |
| Remuneration and social security | 454/9 | €2,025 | €2,036 | +€11 | +0.6% |
| Other amounts payable | 47/48 | €14,796 | €31,066 | +€16,270 | +110% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €641 | €482 | -€160 | -24.9% |
| Other operating charges | 640/8 | €1,205 | €3,233 | +€2,027 | +168% |
| Gross operating margin | 9900 | -€8,968 | -€14,678 | -€5,710 | -63.7% |
| Operating profit (loss) | 9901 | -€10,814 | -€18,392 | -€7,578 | -70.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €171 | €326 | +€154 | +90.2% |
| Recurring financial charges | 65 | €171 | €326 | +€154 | +90.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,985 | -€18,718 | -€7,733 | -70.4% |
| Income taxes | 67/77 | €91 | €132 | +€41 | +44.7% |
| Profit (loss) for the period | 9904 | -€11,077 | -€18,850 | -€7,773 | -70.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,077 | -€18,850 | -€7,773 | -70.2% |
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 24 October 2026 via checked.be.