SALTY JOHN: 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.
SALTY JOHN
Largest movements
- Cash -€11,732
down €11,732 (-95.7%), from €12,256 to €524
mainly Net result for the year (-€20,687) and Debts after one year (-€8,439)
- Tangible fixed assets -€8,000
down €8,000 (-21.1%), from €37,967 to €29,967
- Receivables within one year -€3,634
down €3,634 (-50.0%), from €7,270 to €3,636
of which Trade receivables: -€2,142
- Intangible fixed assets +€2,662
up €2,662 (+26.4%), from €10,100 to €12,762
- Profit (loss) carried forward -€20,687
down €20,687 (-217.5%), from -€9,511 to -€30,198
- Debts after one year -€8,439
down €8,439 (-56.0%), from €15,077 to €6,638
- Trade debts +€7,569
up €7,569 (+15.8%), from €47,782 to €55,350
- Depreciation +€8,570
up €8,570 (+335.1%), from €2,558 to €11,128
- Gross operating margin -€1,502
down €1,502 (-24.3%), from -€6,192 to -€7,694
- Financial charges +€910
up €910 (+256.7%), from €355 to €1,265
- Other operating charges +€419
up €419 (+102.4%), from €409 to €829
- Financial income +€226
up €226 (+8452.4%), from €3 to €228
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,593 | €46,888 | -€20,705 | -30.6% |
| Fixed assets | 21/28 | €48,067 | €42,729 | -€5,338 | -11.1% |
| Intangible fixed assets | 21 | €10,100 | €12,762 | +€2,662 | +26.4% |
| Tangible fixed assets | 22/27 | €37,967 | €29,967 | -€8,000 | -21.1% |
| Plant, machinery and equipment | 23 | €37,967 | €29,967 | -€8,000 | -21.1% |
| Current assets | 29/58 | €19,526 | €4,159 | -€15,367 | -78.7% |
| Amounts receivable within one year | 40/41 | €7,270 | €3,636 | -€3,634 | -50.0% |
| Trade receivables | 40 | €5,778 | €3,636 | -€2,142 | -37.1% |
| Other amounts receivable | 41 | €1,492 | €0 | -€1,492 | -100.0% |
| Cash at bank and in hand | 54/58 | €12,256 | €524 | -€11,732 | -95.7% |
| Total equity and liabilities | 10/49 | €67,593 | €46,888 | -€20,705 | -30.6% |
| Equity | 10/15 | -€6,511 | -€27,198 | -€20,687 | -317.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,511 | -€30,198 | -€20,687 | -217.5% |
| Amounts payable | 17/49 | €74,104 | €74,086 | -€18 | 0.0% |
| Amounts payable after more than one year | 17 | €15,077 | €6,638 | -€8,439 | -56.0% |
| Financial debts | 170/4 | €15,077 | €6,638 | -€8,439 | -56.0% |
| Amounts payable within one year | 42/48 | €59,027 | €67,448 | +€8,422 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €7,992 | €8,439 | +€447 | +5.6% |
| Trade debts | 44 | €47,782 | €55,350 | +€7,569 | +15.8% |
| Suppliers | 440/4 | €47,782 | €55,350 | +€7,569 | +15.8% |
| Taxes, remuneration and social security | 45 | - | €406 | +€406 | |
| Taxes | 450/3 | - | €406 | +€406 | |
| Other amounts payable | 47/48 | €3,253 | €3,253 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,558 | €11,128 | +€8,570 | +335.1% |
| Other operating charges | 640/8 | €409 | €829 | +€419 | +102.4% |
| Gross operating margin | 9900 | -€6,192 | -€7,694 | -€1,502 | -24.3% |
| Operating profit (loss) | 9901 | -€9,159 | -€19,651 | -€10,492 | -114.6% |
| Financial income | 75/76B | €3 | €228 | +€226 | +8452.4% |
| Recurring financial income | 75 | €3 | €228 | +€226 | +8452.4% |
| Financial charges | 65/66B | €355 | €1,265 | +€910 | +256.7% |
| Recurring financial charges | 65 | €355 | €1,265 | +€910 | +256.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,511 | -€20,687 | -€11,176 | -117.5% |
| Profit (loss) for the period | 9904 | -€9,511 | -€20,687 | -€11,176 | -117.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,511 | -€20,687 | -€11,176 | -117.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.