SALUMA: 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.
SALUMA
Largest movements
- Tangible fixed assets -€29,763
down €29,763 (-12.1%), from €246,962 to €217,198
of which Furniture and vehicles: -€19,749
- Cash -€11,113
down €11,113 (-53.6%), from €20,742 to €9,629
mainly Debts after one year (-€23,760) and Tax, wage and social debts (-€8,058)
- Debts after one year -€23,760
down €23,760 (-21.9%), from €108,669 to €84,909
- Tax, wage and social debts -€8,058
down €8,058 (-95.9%), from €8,400 to €342
of which Remuneration and social security: -€8,400
- Other debts -€8,058
down €8,058 (-16.6%), from €48,437 to €40,380
- Gross operating margin +€11,762
up €11,762 (+49.9%), from €23,551 to €35,313
- Other operating charges -€2,898
down €2,898 (-54.6%), from €5,304 to €2,406
- Depreciation +€2,320
up €2,320 (+8.5%), from €27,443 to €29,763
- Financial charges -€747
down €747 (-17.4%), from €4,297 to €3,550
- Taxes +€612
new in 2025: €612
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 | €365,200 | €324,350 | -€40,849 | -11.2% |
| Fixed assets | 21/28 | €246,962 | €217,198 | -€29,763 | -12.1% |
| Tangible fixed assets | 22/27 | €246,962 | €217,198 | -€29,763 | -12.1% |
| Land and buildings | 22 | €165,647 | €155,632 | -€10,015 | -6.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €81,315 | €61,566 | -€19,749 | -24.3% |
| Current assets | 29/58 | €118,238 | €107,152 | -€11,086 | -9.4% |
| Amounts receivable within one year | 40/41 | €97,496 | €97,523 | +€27 | 0.0% |
| Other amounts receivable | 41 | €97,496 | €97,523 | +€27 | 0.0% |
| Cash at bank and in hand | 54/58 | €20,742 | €9,629 | -€11,113 | -53.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €365,200 | €324,350 | -€40,849 | -11.2% |
| Equity | 10/15 | €152,532 | €151,513 | -€1,019 | -0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €132,072 | €131,053 | -€1,019 | -0.8% |
| Amounts payable | 17/49 | €212,668 | €172,837 | -€39,831 | -18.7% |
| Amounts payable after more than one year | 17 | €108,669 | €84,909 | -€23,760 | -21.9% |
| Financial debts | 170/4 | €108,669 | €84,909 | -€23,760 | -21.9% |
| Amounts payable within one year | 42/48 | €103,999 | €87,928 | -€16,071 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €27,513 | €26,672 | -€841 | -3.1% |
| Trade debts | 44 | €19,648 | €20,534 | +€886 | +4.5% |
| Suppliers | 440/4 | €19,648 | €20,534 | +€886 | +4.5% |
| Taxes, remuneration and social security | 45 | €8,400 | €342 | -€8,058 | -95.9% |
| Taxes | 450/3 | €0 | €342 | +€342 | |
| Remuneration and social security | 454/9 | €8,400 | €0 | -€8,400 | -100.0% |
| Other amounts payable | 47/48 | €48,437 | €40,380 | -€8,058 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,443 | €29,763 | +€2,320 | +8.5% |
| Other operating charges | 640/8 | €5,304 | €2,406 | -€2,898 | -54.6% |
| Gross operating margin | 9900 | €23,551 | €35,313 | +€11,762 | +49.9% |
| Operating profit (loss) | 9901 | -€9,196 | €3,144 | +€12,340 | |
| Financial charges | 65/66B | €4,297 | €3,550 | -€747 | -17.4% |
| Recurring financial charges | 65 | €4,297 | €3,550 | -€747 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,493 | -€406 | +€13,087 | +97.0% |
| Income taxes | 67/77 | - | €612 | +€612 | |
| Profit (loss) for the period | 9904 | -€13,493 | -€1,019 | +€12,474 | +92.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,493 | -€1,019 | +€12,474 | +92.5% |
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 9 October 2026 via checked.be.