Saltus: what changed
Two fiscal 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.
Saltus
Largest movements
- Tangible fixed assets +€455,046
up €455,046 (+191.4%), from €237,696 to €692,743
of which Land and buildings: +€463,656
- Current investments +€84,259
up €84,259 (+60.0%), from €140,426 to €224,685
- Receivables within one year -€35,971
down €35,971 (-30.1%), from €119,622 to €83,651
of which Trade receivables: -€40,249
- Other debts +€362,894
up €362,894 (+433.6%), from €83,694 to €446,588
- Debts after one year +€135,611
up €135,611 (+161.4%), from €84,000 to €219,611
- Current portion of long-term debt +€11,667
up €11,667 (+64.8%), from €18,000 to €29,667
- Depreciation +€56,969
up €56,969 (+296.0%), from €19,247 to €76,216
- Gross operating margin +€34,139
up €34,139 (+66.0%), from €51,759 to €85,898
- Financial income +€7,046
up €7,046 (+602.1%), from €1,170 to €8,216
- Taxes -€4,258
down €4,258 (-57.8%), from €7,369 to €3,111
- Other operating charges -€2,672
down €2,672 (-56.3%), from €4,741 to €2,070
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.
Cash bridge derived
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 | €502,231 | €1,011,041 | +€508,810 | +101.3% |
| Fixed assets | 21/28 | €237,696 | €692,743 | +€455,046 | +191.4% |
| Tangible fixed assets | 22/27 | €237,696 | €692,743 | +€455,046 | +191.4% |
| Land and buildings | 22 | €195,758 | €659,413 | +€463,656 | +236.9% |
| Plant, machinery and equipment | 23 | €41,939 | €33,329 | -€8,610 | -20.5% |
| Current assets | 29/58 | €264,535 | €318,299 | +€53,763 | +20.3% |
| Amounts receivable within one year | 40/41 | €119,622 | €83,651 | -€35,971 | -30.1% |
| Trade receivables | 40 | €106,549 | €66,300 | -€40,249 | -37.8% |
| Other amounts receivable | 41 | €13,073 | €17,351 | +€4,277 | +32.7% |
| Current investments | 50/53 | €140,426 | €224,685 | +€84,259 | +60.0% |
| Cash at bank and in hand | 54/58 | €4,488 | €9,963 | +€5,476 | +122.0% |
| Total equity and liabilities | 10/49 | €502,231 | €1,011,041 | +€508,810 | +101.3% |
| Equity | 10/15 | €300,184 | €305,009 | +€4,825 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €281,584 | €286,409 | +€4,825 | +1.7% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €279,724 | €286,409 | +€6,685 | +2.4% |
| Amounts payable | 17/49 | €202,047 | €706,032 | +€503,985 | +249.4% |
| Amounts payable after more than one year | 17 | €84,000 | €219,611 | +€135,611 | +161.4% |
| Financial debts | 170/4 | €84,000 | €219,611 | +€135,611 | +161.4% |
| Amounts payable within one year | 42/48 | €118,047 | €486,421 | +€368,374 | +312.1% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €29,667 | +€11,667 | +64.8% |
| Trade debts | 44 | €9,269 | €5,938 | -€3,331 | -35.9% |
| Suppliers | 440/4 | €9,269 | €5,938 | -€3,331 | -35.9% |
| Taxes, remuneration and social security | 45 | €7,085 | €4,228 | -€2,856 | -40.3% |
| Taxes | 450/3 | €7,085 | €4,228 | -€2,856 | -40.3% |
| Other amounts payable | 47/48 | €83,694 | €446,588 | +€362,894 | +433.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,247 | €76,216 | +€56,969 | +296.0% |
| Other operating charges | 640/8 | €4,741 | €2,070 | -€2,672 | -56.3% |
| Gross operating margin | 9900 | €51,759 | €85,898 | +€34,139 | +66.0% |
| Operating profit (loss) | 9901 | €27,771 | €7,613 | -€20,158 | -72.6% |
| Financial income | 75/76B | €1,170 | €8,216 | +€7,046 | +602.1% |
| Recurring financial income | 75 | €1,170 | €8,216 | +€7,046 | +602.1% |
| Financial charges | 65/66B | €8,506 | €7,893 | -€613 | -7.2% |
| Recurring financial charges | 65 | €8,506 | €7,893 | -€613 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €20,435 | €7,936 | -€12,499 | -61.2% |
| Income taxes | 67/77 | €7,369 | €3,111 | -€4,258 | -57.8% |
| Profit (loss) for the period | 9904 | €13,066 | €4,825 | -€8,242 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,066 | €4,825 | -€8,242 | -63.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.