Salus Training: 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 Training
Largest movements
- Tangible fixed assets -€51,101
down €51,101 (-37.9%), from €134,710 to €83,609
of which Leasing and similar rights: -€33,100
- Cash +€22,687
up €22,687 (+526.3%), from €4,311 to €26,998
mainly Investment in fixed assets (net) (+€28,097) and Depreciation (+€23,004)
- Receivables within one year +€4,092
up €4,092 (+6.6%), from €62,041 to €66,133
of which Other amounts receivable: +€10,284
- Debts after one year -€19,850
down €19,850 (-19.1%), from €103,666 to €83,817
- Other debts -€6,506
down €6,506 (-19.8%), from €32,818 to €26,312
- Reserves +€2,200
up €2,200 (+13.0%), from €16,883 to €19,083
- Gross operating margin +€15,086
up €15,086 (+47.5%), from €31,738 to €46,824
- Depreciation +€7,984
up €7,984 (+53.2%), from €15,019 to €23,004
- Financial charges +€3,370
up €3,370 (+55.4%), from €6,084 to €9,454
- Taxes -€2,706
down €2,706 (-100.0%), from €2,706 to €0
- Other operating charges -€1,182
down €1,182 (-32.9%), from €3,589 to €2,407
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 | €203,664 | €180,498 | -€23,165 | -11.4% |
| Fixed assets | 21/28 | €134,710 | €83,609 | -€51,101 | -37.9% |
| Tangible fixed assets | 22/27 | €134,710 | €83,609 | -€51,101 | -37.9% |
| Plant, machinery and equipment | 23 | €4,007 | €6,752 | +€2,745 | +68.5% |
| Furniture and vehicles | 24 | €83,440 | €64,466 | -€18,974 | -22.7% |
| Leasing and similar rights | 25 | €33,100 | €0 | -€33,100 | -100.0% |
| Other tangible fixed assets | 26 | €14,163 | €12,391 | -€1,772 | -12.5% |
| Current assets | 29/58 | €68,953 | €96,889 | +€27,936 | +40.5% |
| Amounts receivable within one year | 40/41 | €62,041 | €66,133 | +€4,092 | +6.6% |
| Trade receivables | 40 | €53,884 | €47,691 | -€6,192 | -11.5% |
| Other amounts receivable | 41 | €8,157 | €18,441 | +€10,284 | +126.1% |
| Cash at bank and in hand | 54/58 | €4,311 | €26,998 | +€22,687 | +526.3% |
| Deferred charges and accrued income | 490/1 | €2,602 | €3,759 | +€1,157 | +44.5% |
| Total equity and liabilities | 10/49 | €203,664 | €180,498 | -€23,165 | -11.4% |
| Equity | 10/15 | €18,383 | €20,583 | +€2,200 | +12.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €16,883 | €19,083 | +€2,200 | +13.0% |
| Distributable reserves | 133 | €16,883 | €19,083 | +€2,200 | +13.0% |
| Amounts payable | 17/49 | €185,280 | €159,916 | -€25,365 | -13.7% |
| Amounts payable after more than one year | 17 | €103,666 | €83,817 | -€19,850 | -19.1% |
| Financial debts | 170/4 | €103,666 | €83,817 | -€19,850 | -19.1% |
| Amounts payable within one year | 42/48 | €81,614 | €76,099 | -€5,515 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €18,411 | €19,850 | +€1,439 | +7.8% |
| Financial debts | 43 | €775 | €0 | -€775 | -100.0% |
| Credit institutions | 430/8 | €775 | €0 | -€775 | -100.0% |
| Trade debts | 44 | €13,058 | €15,012 | +€1,953 | +15.0% |
| Suppliers | 440/4 | €13,058 | €15,012 | +€1,953 | +15.0% |
| Taxes, remuneration and social security | 45 | €16,552 | €14,925 | -€1,626 | -9.8% |
| Taxes | 450/3 | €16,552 | €14,925 | -€1,626 | -9.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €32,818 | €26,312 | -€6,506 | -19.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €716 | €0 | -€716 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,019 | €23,004 | +€7,984 | +53.2% |
| Other operating charges | 640/8 | €3,589 | €2,407 | -€1,182 | -32.9% |
| Non-recurring operating charges | 66A | €350 | €10,100 | +€9,750 | +2783.6% |
| Gross operating margin | 9900 | €31,738 | €46,824 | +€15,086 | +47.5% |
| Operating profit (loss) | 9901 | €12,064 | €11,313 | -€750 | -6.2% |
| Financial income | 75/76B | €255 | €340 | +€85 | +33.5% |
| Recurring financial income | 75 | €6 | €340 | +€334 | +5435.9% |
| Non-recurring financial income | 76B | €249 | €0 | -€249 | -100.0% |
| Financial charges | 65/66B | €6,084 | €9,454 | +€3,370 | +55.4% |
| Recurring financial charges | 65 | €6,084 | €9,454 | +€3,370 | +55.4% |
| Profit (loss) for the period before taxes | 9903 | €6,235 | €2,200 | -€4,035 | -64.7% |
| Income taxes | 67/77 | €2,706 | €0 | -€2,706 | -100.0% |
| Profit (loss) for the period | 9904 | €3,529 | €2,200 | -€1,329 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,529 | €2,200 | -€1,329 | -37.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.