SALUT! CA VA ?: 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.
What changed
SALUT! CA VA ?
NACE 47.120, Other non-specialised retail sale
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€123,149
2024 · €485,067-€608,216
Equity
€2.8m
2024 · €3.0m-€123,149
Cash
€307,068
2024 · €640,226-€333,157
Balance sheet total
€4.2m
2024 · €4.5m-€275,364
Largest movements
Assets
- Cash -€333,157
down €333,157 (-52.0%), from €640,226 to €307,068
mainly Net result for the year (-€123,149) and Other debts (-€82,515)
Equity and liabilities
- Profit (loss) carried forward -€123,149
down €123,149 (-74.1%), from €166,278 to €43,130
- Other debts -€82,515
down €82,515 (-15.6%), from €529,925 to €447,410
- Debts after one year -€50,000
down €50,000 (-6.7%), from €750,000 to €700,000
Income statement
- Gross operating margin -€639,637
down €639,637 (-51.5%), from €1.2m to €601,985
- Taxes -€238,033
down €238,033 (-99.8%), from €238,584 to €551
- Staff costs +€190,026
up €190,026 (+40.5%), from €469,271 to €659,296
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.
Result 2024
€485,067
Gross operating margin
-€639,637
Staff costs
-€190,026
Depreciation
-€11,449
Write-downs
-€1,473
Other operating charges
-€795
Financial income
-€849
Financial charges
-€2,020
Taxes
+€238,033
Result 2025
-€123,149
raises the resultlowers the result
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.
From operations
-€229,923
Investment
-€53,235
Financing
-€50,000
Cash 2024
€640,226
From operations (derived)
-€229,923
Net result for the year
-€123,149
Depreciation
+€54,292
Stocks and contracts
-€12,052
Receivables within one year
-€36,361
Deferred charges and accrued income
-€10,436
Trade debts
-€12,809
Tax, wage and social debts
-€6,766
Other debts
-€82,515
Accrued charges and deferred income
-€126
Investment (derived)
-€53,235
Investment in fixed assets (net)
-€53,980
Current investments
+€745
Financing
-€50,000
Debts after one year
-€50,000
Cash 2025
€307,068
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,459,394 | €4,184,030 | -€275,364 | -6.2% |
| Fixed assets | 21/28 | €210,114 | €209,802 | -€312 | -0.1% |
| Intangible fixed assets | 21 | €59,959 | €44,959 | -€15,000 | -25.0% |
| Tangible fixed assets | 22/27 | €150,155 | €164,843 | +€14,688 | +9.8% |
| Plant, machinery and equipment | 23 | €43,746 | €52,527 | +€8,781 | +20.1% |
| Furniture and vehicles | 24 | €49,809 | €41,931 | -€7,878 | -15.8% |
| Other tangible fixed assets | 26 | €56,600 | €70,386 | +€13,786 | +24.4% |
| Current assets | 29/58 | €4,249,280 | €3,974,228 | -€275,053 | -6.5% |
| Stocks and contracts in progress | 3 | €3,045,869 | €3,057,921 | +€12,052 | +0.4% |
| Stocks | 30/36 | €1,324,656 | €1,887,071 | +€562,415 | +42.5% |
| Contracts in progress | 37 | €1,721,213 | €1,170,850 | -€550,363 | -32.0% |
| Amounts receivable within one year | 40/41 | €545,023 | €581,384 | +€36,361 | +6.7% |
| Trade receivables | 40 | €346,460 | €244,945 | -€101,515 | -29.3% |
| Other amounts receivable | 41 | €198,563 | €336,440 | +€137,877 | +69.4% |
| Current investments | 50/53 | €5,440 | €4,694 | -€745 | -13.7% |
| Cash at bank and in hand | 54/58 | €640,226 | €307,068 | -€333,157 | -52.0% |
| Deferred charges and accrued income | 490/1 | €12,723 | €23,160 | +€10,436 | +82.0% |
| Total equity and liabilities | 10/49 | €4,459,394 | €4,184,030 | -€275,364 | -6.2% |
| Equity | 10/15 | €2,962,278 | €2,839,130 | -€123,149 | -4.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,734,000 | €2,734,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €2,724,000 | €2,724,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,278 | €43,130 | -€123,149 | -74.1% |
| Amounts payable | 17/49 | €1,497,116 | €1,344,900 | -€152,215 | -10.2% |
| Amounts payable after more than one year | 17 | €750,000 | €700,000 | -€50,000 | -6.7% |
| Other amounts payable | 178/9 | €750,000 | €700,000 | -€50,000 | -6.7% |
| Amounts payable within one year | 42/48 | €746,946 | €644,856 | -€102,090 | -13.7% |
| Trade debts | 44 | €122,836 | €110,027 | -€12,809 | -10.4% |
| Suppliers | 440/4 | €122,836 | €110,027 | -€12,809 | -10.4% |
| Taxes, remuneration and social security | 45 | €94,185 | €87,419 | -€6,766 | -7.2% |
| Taxes | 450/3 | €28,884 | €3,178 | -€25,706 | -89.0% |
| Remuneration and social security | 454/9 | €65,302 | €84,242 | +€18,940 | +29.0% |
| Other amounts payable | 47/48 | €529,925 | €447,410 | -€82,515 | -15.6% |
| Accrued charges and deferred income | 492/3 | €170 | €44 | -€126 | -74.1% |
| Remuneration, social security and pensions | 62 | €469,271 | €659,296 | +€190,026 | +40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,843 | €54,292 | +€11,449 | +26.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,473 | +€1,473 | |
| Other operating charges | 640/8 | €2,481 | €3,276 | +€795 | +32.0% |
| Gross operating margin | 9900 | €1,241,622 | €601,985 | -€639,637 | -51.5% |
| Operating profit (loss) | 9901 | €727,027 | -€116,353 | -€843,379 | |
| Financial income | 75/76B | €1,672 | €823 | -€849 | -50.8% |
| Recurring financial income | 75 | €1,672 | €823 | -€849 | -50.8% |
| Financial charges | 65/66B | €5,047 | €7,068 | +€2,020 | +40.0% |
| Recurring financial charges | 65 | €5,047 | €7,068 | +€2,020 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €723,651 | -€122,598 | -€846,249 | |
| Income taxes | 67/77 | €238,584 | €551 | -€238,033 | -99.8% |
| Profit (loss) for the period | 9904 | €485,067 | -€123,149 | -€608,216 | |
| Profit (loss) for the period to be appropriated | 9905 | €485,067 | -€123,149 | -€608,216 |
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 21 October 2026 via checked.be.