SALUTE: 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.
SALUTE
Largest movements
- Receivables within one year -€10,202
down €10,202 (-11.5%), from €89,081 to €78,879
- Deferred charges and accrued income -€3,515
no longer reported in 2024 (was €3,515)
- Cash +€1,916
up €1,916 (+45.6%), from €4,199 to €6,115
mainly Other debts (+€11,981) and Receivables within one year (+€10,202)
- Other debts +€11,981
up €11,981 (+663.8%), from €1,805 to €13,786
- Tax, wage and social debts -€11,191
down €11,191 (-93.6%), from €11,960 to €769
- Trade debts -€10,782
down €10,782 (-15.3%), from €70,313 to €59,531
- Profit (loss) carried forward -€1,809
down €1,809 (-13.6%), from €13,318 to €11,509
- Financial charges +€6,144
up €6,144 (+5768.6%), from €107 to €6,250
- Gross operating margin +€4,084
up €4,084 (+165.5%), from €2,467 to €6,551
- Taxes +€1,561
new in 2024: €1,561
- Other operating charges +€652
up €652 (+598.5%), from €109 to €761
- Financial income +€238
new in 2024: €238
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 | €105,456 | €93,655 | -€11,801 | -11.2% |
| Fixed assets | 21/28 | €8,661 | €8,661 | = | 0.0% |
| Tangible fixed assets | 22/27 | €8,661 | €8,661 | = | 0.0% |
| Furniture and vehicles | 24 | €8,661 | €8,661 | = | 0.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €96,795 | €84,994 | -€11,801 | -12.2% |
| Amounts receivable within one year | 40/41 | €89,081 | €78,879 | -€10,202 | -11.5% |
| Trade receivables | 40 | €89,081 | €78,879 | -€10,202 | -11.5% |
| Cash at bank and in hand | 54/58 | €4,199 | €6,115 | +€1,916 | +45.6% |
| Deferred charges and accrued income | 490/1 | €3,515 | - | -€3,515 | |
| Total equity and liabilities | 10/49 | €105,456 | €93,655 | -€11,801 | -11.2% |
| Equity | 10/15 | €21,378 | €19,569 | -€1,809 | -8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €13,318 | €11,509 | -€1,809 | -13.6% |
| Amounts payable | 17/49 | €84,078 | €74,086 | -€9,992 | -11.9% |
| Amounts payable within one year | 42/48 | €84,078 | €74,086 | -€9,992 | -11.9% |
| Trade debts | 44 | €70,313 | €59,531 | -€10,782 | -15.3% |
| Suppliers | 440/4 | €70,313 | €59,531 | -€10,782 | -15.3% |
| Taxes, remuneration and social security | 45 | €11,960 | €769 | -€11,191 | -93.6% |
| Taxes | 450/3 | €11,960 | €769 | -€11,191 | -93.6% |
| Other amounts payable | 47/48 | €1,805 | €13,786 | +€11,981 | +663.8% |
| Other operating charges | 640/8 | €109 | €761 | +€652 | +598.5% |
| Non-recurring operating charges | 66A | - | €26 | +€26 | |
| Gross operating margin | 9900 | €2,467 | €6,551 | +€4,084 | +165.5% |
| Operating profit (loss) | 9901 | €2,358 | €5,764 | +€3,406 | +144.4% |
| Financial income | 75/76B | - | €238 | +€238 | |
| Recurring financial income | 75 | - | €238 | +€238 | |
| Financial charges | 65/66B | €107 | €6,250 | +€6,144 | +5768.6% |
| Recurring financial charges | 65 | €107 | €6,250 | +€6,144 | +5768.6% |
| Profit (loss) for the period before taxes | 9903 | €2,252 | -€248 | -€2,500 | |
| Income taxes | 67/77 | - | €1,561 | +€1,561 | |
| Profit (loss) for the period | 9904 | €2,252 | -€1,809 | -€4,061 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,252 | -€1,809 | -€4,061 |
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 7 October 2026 via checked.be.