SALTO SERVICES: 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.
SALTO SERVICES
Largest movements
- Cash -€9,825
down €9,825 (-89.1%), from €11,031 to €1,206
mainly Trade debts (-€25,029) and Deferred charges and accrued income (-€41)
- Tangible fixed assets -€5,168
down €5,168 (-49.3%), from €10,492 to €5,324
of which Land and buildings: -€4,198
- Receivables within one year -€3,785
down €3,785 (-4.5%), from €84,519 to €80,734
of which Other amounts receivable: -€6,973
- Trade debts -€25,029
down €25,029 (-90.4%), from €27,672 to €2,644
- Reserves +€5,092
up €5,092 (+10.4%), from €49,172 to €54,264
- Tax, wage and social debts +€1,199
up €1,199 (+7.3%), from €16,458 to €17,657
of which Taxes: +€3,904
- Gross operating margin -€8,662
down €8,662 (-14.8%), from €58,435 to €49,772
- Taxes -€3,636
down €3,636 (-48.4%), from €7,517 to €3,881
- Financial charges +€3,397
up €3,397 (+114%), from €2,974 to €6,372
- Financial income +€2,171
up €2,171 (+97.7%), from €2,221 to €4,392
- Depreciation -€1,177
down €1,177 (-18.6%), from €6,345 to €5,168
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 | €111,901 | €93,164 | -€18,737 | -16.7% |
| Fixed assets | 21/28 | €15,292 | €10,124 | -€5,168 | -33.8% |
| Tangible fixed assets | 22/27 | €10,492 | €5,324 | -€5,168 | -49.3% |
| Land and buildings | 22 | €7,700 | €3,501 | -€4,198 | -54.5% |
| Plant, machinery and equipment | 23 | €626 | €521 | -€105 | -16.8% |
| Furniture and vehicles | 24 | €2,166 | €1,301 | -€865 | -39.9% |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €96,609 | €83,040 | -€13,569 | -14.0% |
| Amounts receivable within one year | 40/41 | €84,519 | €80,734 | -€3,785 | -4.5% |
| Trade receivables | 40 | - | €3,187 | +€3,187 | |
| Other amounts receivable | 41 | €84,519 | €77,546 | -€6,973 | -8.2% |
| Cash at bank and in hand | 54/58 | €11,031 | €1,206 | -€9,825 | -89.1% |
| Deferred charges and accrued income | 490/1 | €1,060 | €1,100 | +€41 | +3.9% |
| Total equity and liabilities | 10/49 | €111,901 | €93,164 | -€18,737 | -16.7% |
| Equity | 10/15 | €67,772 | €72,864 | +€5,092 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,172 | €54,264 | +€5,092 | +10.4% |
| Distributable reserves | 133 | €49,172 | €54,264 | +€5,092 | +10.4% |
| Amounts payable | 17/49 | €44,130 | €20,300 | -€23,830 | -54.0% |
| Amounts payable within one year | 42/48 | €44,130 | €20,300 | -€23,830 | -54.0% |
| Trade debts | 44 | €27,672 | €2,644 | -€25,029 | -90.4% |
| Suppliers | 440/4 | €27,672 | €2,644 | -€25,029 | -90.4% |
| Taxes, remuneration and social security | 45 | €16,458 | €17,657 | +€1,199 | +7.3% |
| Taxes | 450/3 | €8,953 | €12,857 | +€3,904 | +43.6% |
| Remuneration and social security | 454/9 | €7,505 | €4,800 | -€2,705 | -36.0% |
| Non-recurring operating income | 76A | €12,077 | - | -€12,077 | |
| Remuneration, social security and pensions | 62 | €31,656 | €32,016 | +€360 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,345 | €5,168 | -€1,177 | -18.6% |
| Other operating charges | 640/8 | €1,899 | €1,636 | -€263 | -13.8% |
| Gross operating margin | 9900 | €58,435 | €49,772 | -€8,662 | -14.8% |
| Operating profit (loss) | 9901 | €18,535 | €10,952 | -€7,583 | -40.9% |
| Financial income | 75/76B | €2,221 | €4,392 | +€2,171 | +97.7% |
| Recurring financial income | 75 | €2,221 | €4,392 | +€2,171 | +97.7% |
| Financial charges | 65/66B | €2,974 | €6,372 | +€3,397 | +114% |
| Recurring financial charges | 65 | €2,974 | €6,372 | +€3,397 | +114% |
| Profit (loss) for the period before taxes | 9903 | €17,782 | €8,973 | -€8,809 | -49.5% |
| Income taxes | 67/77 | €7,517 | €3,881 | -€3,636 | -48.4% |
| Profit (loss) for the period | 9904 | €10,265 | €5,092 | -€5,173 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,265 | €5,092 | -€5,173 | -50.4% |
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 17 October 2026 via checked.be.