SALUS TMB: 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.
SALUS TMB
Largest movements
- Tangible fixed assets +€13,100
up €13,100 (+4,452%), from €294 to €13,394
of which Land and buildings: +€8,732
- Cash +€5,452
up €5,452 (+11.2%), from €48,595 to €54,048
mainly Net result for the year (+€11,288) and Receivables within one year (+€4,731)
- Receivables within one year -€4,731
down €4,731 (-16.9%), from €28,072 to €23,342
of which Trade receivables: -€5,788
- Deferred charges and accrued income -€2,778
down €2,778 (-91.9%), from €3,023 to €245
- Reserves +€11,288
up €11,288 (+25.5%), from €44,245 to €55,532
of which Distributable reserves: +€11,288
- Accrued charges and deferred income +€3,050
new in 2025: €3,050
- Trade debts -€3,029
down €3,029 (-77.6%), from €3,905 to €876
- Gross operating margin -€13,423
down €13,423 (-30.0%), from €44,724 to €31,301
- Depreciation -€5,450
down €5,450 (-78.7%), from €6,925 to €1,475
- Other operating charges -€1,044
down €1,044 (-58.0%), from €1,802 to €757
- Financial charges -€1,007
down €1,007 (-35.1%), from €2,867 to €1,861
- Staff costs +€513
up €513 (+59.6%), from €860 to €1,373
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 | €84,985 | €96,029 | +€11,044 | +13.0% |
| Fixed assets | 21/28 | €5,294 | €18,394 | +€13,100 | +247% |
| Tangible fixed assets | 22/27 | €294 | €13,394 | +€13,100 | +4,452% |
| Land and buildings | 22 | €294 | €9,027 | +€8,732 | +2,968% |
| Plant, machinery and equipment | 23 | - | €4,368 | +€4,368 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €79,691 | €77,634 | -€2,056 | -2.6% |
| Amounts receivable within one year | 40/41 | €28,072 | €23,342 | -€4,731 | -16.9% |
| Trade receivables | 40 | €18,746 | €12,957 | -€5,788 | -30.9% |
| Other amounts receivable | 41 | €9,327 | €10,384 | +€1,057 | +11.3% |
| Cash at bank and in hand | 54/58 | €48,595 | €54,048 | +€5,452 | +11.2% |
| Deferred charges and accrued income | 490/1 | €3,023 | €245 | -€2,778 | -91.9% |
| Total equity and liabilities | 10/49 | €84,985 | €96,029 | +€11,044 | +13.0% |
| Equity | 10/15 | €62,845 | €74,132 | +€11,288 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,245 | €55,532 | +€11,288 | +25.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,560 | €6,560 | = | 0.0% |
| Distributable reserves | 133 | €35,824 | €47,112 | +€11,288 | +31.5% |
| Amounts payable | 17/49 | €22,140 | €21,896 | -€244 | -1.1% |
| Amounts payable within one year | 42/48 | €22,140 | €18,846 | -€3,294 | -14.9% |
| Trade debts | 44 | €3,905 | €876 | -€3,029 | -77.6% |
| Suppliers | 440/4 | €3,905 | €876 | -€3,029 | -77.6% |
| Taxes, remuneration and social security | 45 | €18,236 | €17,971 | -€265 | -1.5% |
| Taxes | 450/3 | €18,236 | €17,971 | -€265 | -1.5% |
| Accrued charges and deferred income | 492/3 | - | €3,050 | +€3,050 | |
| Remuneration, social security and pensions | 62 | €860 | €1,373 | +€513 | +59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,925 | €1,475 | -€5,450 | -78.7% |
| Other operating charges | 640/8 | €1,802 | €757 | -€1,044 | -58.0% |
| Gross operating margin | 9900 | €44,724 | €31,301 | -€13,423 | -30.0% |
| Operating profit (loss) | 9901 | €35,137 | €27,696 | -€7,441 | -21.2% |
| Financial charges | 65/66B | €2,867 | €1,861 | -€1,007 | -35.1% |
| Recurring financial charges | 65 | €2,867 | €1,861 | -€1,007 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €32,270 | €25,835 | -€6,434 | -19.9% |
| Income taxes | 67/77 | €14,100 | €14,547 | +€447 | +3.2% |
| Profit (loss) for the period | 9904 | €18,169 | €11,288 | -€6,882 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,169 | €11,288 | -€6,882 | -37.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.