SALTO ULBEEK: 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 ULBEEK
Largest movements
- Cash -€8,526
down €8,526 (-10.5%), from €81,228 to €72,702
mainly Trade debts (-€18,525)
- Receivables within one year -€6,649
down €6,649 (-42.0%), from €15,823 to €9,174
of which Trade receivables: -€8,207
- Stocks and contracts -€2,030
down €2,030 (-61.9%), from €3,280 to €1,250
- Trade debts -€18,525
down €18,525 (-18.9%), from €97,883 to €79,359
- Other operating charges +€1,091
up €1,091 (+148%), from €735 to €1,826
- Gross operating margin +€431
up €431 (+17.0%), from €2,531 to €2,962
- Financial income +€263
up €263 (+258%), from €102 to €365
- Financial charges -€38
down €38 (-14.9%), from €257 to €218
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 | €188,819 | €171,614 | -€17,205 | -9.1% |
| Fixed assets | 21/28 | €2,659 | €2,659 | = | 0.0% |
| Financial fixed assets | 28 | €2,659 | €2,659 | = | 0.0% |
| Current assets | 29/58 | €186,160 | €168,955 | -€17,205 | -9.2% |
| Amounts receivable after more than one year | 29 | €85,829 | €85,829 | = | 0.0% |
| Other amounts receivable | 291 | €85,829 | €85,829 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,280 | €1,250 | -€2,030 | -61.9% |
| Stocks | 30/36 | €3,280 | €1,250 | -€2,030 | -61.9% |
| Amounts receivable within one year | 40/41 | €15,823 | €9,174 | -€6,649 | -42.0% |
| Trade receivables | 40 | €12,281 | €4,074 | -€8,207 | -66.8% |
| Other amounts receivable | 41 | €3,542 | €5,100 | +€1,558 | +44.0% |
| Cash at bank and in hand | 54/58 | €81,228 | €72,702 | -€8,526 | -10.5% |
| Total equity and liabilities | 10/49 | €188,819 | €171,614 | -€17,205 | -9.1% |
| Equity | 10/15 | €5,365 | €6,648 | +€1,283 | +23.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,871 | €2,871 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,011 | €1,011 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,705 | -€2,423 | +€1,283 | +34.6% |
| Amounts payable | 17/49 | €183,453 | €164,966 | -€18,488 | -10.1% |
| Amounts payable after more than one year | 17 | €80,674 | €80,711 | +€37 | 0.0% |
| Other amounts payable | 178/9 | €80,674 | €80,711 | +€37 | 0.0% |
| Amounts payable within one year | 42/48 | €102,779 | €84,255 | -€18,525 | -18.0% |
| Trade debts | 44 | €97,883 | €79,359 | -€18,525 | -18.9% |
| Suppliers | 440/4 | €97,883 | €79,359 | -€18,525 | -18.9% |
| Advances received on contracts in progress | 46 | €4,896 | €4,896 | = | 0.0% |
| Other operating charges | 640/8 | €735 | €1,826 | +€1,091 | +148% |
| Gross operating margin | 9900 | €2,531 | €2,962 | +€431 | +17.0% |
| Operating profit (loss) | 9901 | €1,797 | €1,137 | -€660 | -36.7% |
| Financial income | 75/76B | €102 | €365 | +€263 | +258% |
| Recurring financial income | 75 | €102 | €365 | +€263 | +258% |
| Financial charges | 65/66B | €257 | €218 | -€38 | -14.9% |
| Recurring financial charges | 65 | €257 | €218 | -€38 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €1,642 | €1,283 | -€359 | -21.9% |
| Profit (loss) for the period | 9904 | €1,642 | €1,283 | -€359 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,642 | €1,283 | -€359 | -21.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.