SaltRock: 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.
SaltRock
Largest movements
- Stocks and contracts -€190,605
down €190,605 (-92.4%), from €206,295 to €15,690
- Cash +€80,326
up €80,326 (+262%), from €30,611 to €110,937
mainly Stocks and contracts (+€190,605) and Net result for the year (+€139,896)
- Tangible fixed assets +€75,739
up €75,739 (+809%), from €9,357 to €85,096
of which Furniture and vehicles: +€73,638
- Other debts -€257,487
down €257,487 (-61.7%), from €417,265 to €159,777
- Reserves +€103,896
up €103,896 (+11.8%), from €882,771 to €986,667
of which Distributable reserves: +€103,896
- Trade debts +€52,429
up €52,429 (+75.6%), from €69,318 to €121,747
- Gross operating margin +€221,407
up €221,407, from -€5,206 to €216,201
- Taxes +€47,059
up €47,059, from €0 to €47,059
- Financial charges -€21,502
down €21,502 (-49.4%), from €43,551 to €22,049
- Other operating charges +€2,986
up €2,986 (+201%), from €1,484 to €4,470
- Depreciation +€2,825
up €2,825 (+4,049%), from €70 to €2,895
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 | €4,423,481 | €4,365,442 | -€58,039 | -1.3% |
| Fixed assets | 21/28 | €4,125,357 | €4,205,596 | +€80,239 | +1.9% |
| Tangible fixed assets | 22/27 | €9,357 | €85,096 | +€75,739 | +809% |
| Plant, machinery and equipment | 23 | - | €2,101 | +€2,101 | |
| Furniture and vehicles | 24 | €4,857 | €78,495 | +€73,638 | +1,516% |
| Other tangible fixed assets | 26 | €4,500 | €4,500 | = | 0.0% |
| Financial fixed assets | 28 | €4,116,000 | €4,120,500 | +€4,500 | +0.1% |
| Current assets | 29/58 | €298,124 | €159,845 | -€138,278 | -46.4% |
| Stocks and contracts in progress | 3 | €206,295 | €15,690 | -€190,605 | -92.4% |
| Stocks | 30/36 | €206,295 | €15,690 | -€190,605 | -92.4% |
| Amounts receivable within one year | 40/41 | €52,738 | €24,222 | -€28,516 | -54.1% |
| Trade receivables | 40 | €3,710 | €18,846 | +€15,136 | +408% |
| Other amounts receivable | 41 | €49,027 | €5,376 | -€43,652 | -89.0% |
| Cash at bank and in hand | 54/58 | €30,611 | €110,937 | +€80,326 | +262% |
| Deferred charges and accrued income | 490/1 | €8,480 | €8,996 | +€516 | +6.1% |
| Total equity and liabilities | 10/49 | €4,423,481 | €4,365,442 | -€58,039 | -1.3% |
| Equity | 10/15 | €3,417,771 | €3,521,667 | +€103,896 | +3.0% |
| Contributions | 10/11 | €2,535,000 | €2,535,000 | = | 0.0% |
| Reserves | 13 | €882,771 | €986,667 | +€103,896 | +11.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €882,771 | €986,667 | +€103,896 | +11.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,005,710 | €843,775 | -€161,935 | -16.1% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Other amounts payable | 178/9 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €490,583 | €328,775 | -€161,808 | -33.0% |
| Trade debts | 44 | €69,318 | €121,747 | +€52,429 | +75.6% |
| Suppliers | 440/4 | €69,318 | €121,747 | +€52,429 | +75.6% |
| Taxes, remuneration and social security | 45 | €4,000 | €47,251 | +€43,251 | +1,081% |
| Taxes | 450/3 | €2,500 | €47,251 | +€44,751 | +1,790% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts payable | 47/48 | €417,265 | €159,777 | -€257,487 | -61.7% |
| Accrued charges and deferred income | 492/3 | €15,127 | €15,000 | -€127 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70 | €2,895 | +€2,825 | +4,049% |
| Other operating charges | 640/8 | €1,484 | €4,470 | +€2,986 | +201% |
| Gross operating margin | 9900 | -€5,206 | €216,201 | +€221,407 | |
| Operating profit (loss) | 9901 | -€6,760 | €208,837 | +€215,596 | |
| Financial income | 75/76B | - | €168 | +€168 | |
| Recurring financial income | 75 | - | €168 | +€168 | |
| Financial charges | 65/66B | €43,551 | €22,049 | -€21,502 | -49.4% |
| Recurring financial charges | 65 | €43,551 | €22,049 | -€21,502 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | -€50,311 | €186,956 | +€237,266 | |
| Income taxes | 67/77 | €0 | €47,059 | +€47,059 | |
| Profit (loss) for the period | 9904 | -€50,311 | €139,896 | +€190,207 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,311 | €139,896 | +€190,207 |
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.