SALTVISION: 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.
SALTVISION
Largest movements
- Receivables within one year +€23,653
up €23,653 (+171.8%), from €13,766 to €37,419
of which Trade receivables: +€26,301
- Cash -€7,666
down €7,666 (-53.9%), from €14,234 to €6,568
mainly Net result for the year (-€42,173) and Receivables within one year (-€23,653)
- Tangible fixed assets -€5,840
down €5,840 (-83.7%), from €6,977 to €1,137
- Other debts +€60,000
up €60,000 (+63.2%), from €95,000 to €155,000
- Profit (loss) carried forward -€42,173
down €42,173 (-31.2%), from -€135,304 to -€177,477
- Tax, wage and social debts -€7,701
down €7,701 (-47.6%), from €16,184 to €8,483
of which Remuneration and social security: -€8,409
- Trade debts +€3,323
up €3,323 (+50.9%), from €6,532 to €9,855
- Accrued charges and deferred income -€3,000
down €3,000 (-100.0%), from €3,000 to €0
- Staff costs -€24,277
down €24,277 (-72.9%), from €33,288 to €9,011
- Gross operating margin -€1,508
down €1,508 (-5.9%), from -€25,769 to -€27,278
- Financial income +€758
up €758 (+15602.1%), from €5 to €763
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 | €35,412 | €45,861 | +€10,449 | +29.5% |
| Fixed assets | 21/28 | €6,977 | €1,137 | -€5,840 | -83.7% |
| Tangible fixed assets | 22/27 | €6,977 | €1,137 | -€5,840 | -83.7% |
| Furniture and vehicles | 24 | €6,977 | €1,137 | -€5,840 | -83.7% |
| Current assets | 29/58 | €28,435 | €44,724 | +€16,289 | +57.3% |
| Amounts receivable within one year | 40/41 | €13,766 | €37,419 | +€23,653 | +171.8% |
| Trade receivables | 40 | €11,119 | €37,419 | +€26,301 | +236.5% |
| Other amounts receivable | 41 | €2,647 | €0 | -€2,647 | -100.0% |
| Cash at bank and in hand | 54/58 | €14,234 | €6,568 | -€7,666 | -53.9% |
| Deferred charges and accrued income | 490/1 | €435 | €737 | +€302 | +69.4% |
| Total equity and liabilities | 10/49 | €35,412 | €45,861 | +€10,449 | +29.5% |
| Equity | 10/15 | -€85,304 | -€127,477 | -€42,173 | -49.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,304 | -€177,477 | -€42,173 | -31.2% |
| Amounts payable | 17/49 | €120,716 | €173,338 | +€52,622 | +43.6% |
| Amounts payable within one year | 42/48 | €117,716 | €173,338 | +€55,622 | +47.3% |
| Trade debts | 44 | €6,532 | €9,855 | +€3,323 | +50.9% |
| Suppliers | 440/4 | €6,532 | €9,855 | +€3,323 | +50.9% |
| Taxes, remuneration and social security | 45 | €16,184 | €8,483 | -€7,701 | -47.6% |
| Taxes | 450/3 | €7,775 | €8,483 | +€708 | +9.1% |
| Remuneration and social security | 454/9 | €8,409 | €0 | -€8,409 | -100.0% |
| Other amounts payable | 47/48 | €95,000 | €155,000 | +€60,000 | +63.2% |
| Accrued charges and deferred income | 492/3 | €3,000 | €0 | -€3,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €33,288 | €9,011 | -€24,277 | -72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,840 | €5,840 | = | 0.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€25,769 | -€27,278 | -€1,508 | -5.9% |
| Operating profit (loss) | 9901 | -€65,410 | -€42,657 | +€22,754 | +34.8% |
| Financial income | 75/76B | €5 | €763 | +€758 | +15602.1% |
| Recurring financial income | 75 | €5 | €763 | +€758 | +15602.1% |
| Financial charges | 65/66B | €421 | €280 | -€141 | -33.5% |
| Recurring financial charges | 65 | €421 | €280 | -€141 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | -€65,826 | -€42,173 | +€23,653 | +35.9% |
| Profit (loss) for the period | 9904 | -€65,826 | -€42,173 | +€23,653 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,826 | -€42,173 | +€23,653 | +35.9% |
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 12 October 2026 via checked.be.