SALVA: 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.
What changed
SALVA
NACE 46.494, Wholesale of non-electrical household articles
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€5,625
2024 · €2,621-€8,246
Equity
€63,265
2024 · €68,890-€5,625
Cash
€17,906
2024 · €16,422+€1,483
Balance sheet total
€475,566
2024 · €478,369-€2,804
Largest movements
Assets
- Deferred charges and accrued income +€10,000
up €10,000 (+200.0%), from €5,000 to €15,000
- Receivables within one year -€8,611
down €8,611 (-10.6%), from €80,902 to €72,292
of which Trade receivables: -€8,611
- Stocks and contracts -€4,887
down €4,887 (-3.1%), from €158,037 to €153,150
Equity and liabilities
- Tax, wage and social debts +€6,373
up €6,373 (+28.8%), from €22,097 to €28,470
of which Taxes: +€8,004
- Profit (loss) carried forward -€5,625
down €5,625, from €690 to -€4,935
Income statement
- Gross operating margin -€9,381
down €9,381 (-8.1%), from €116,082 to €106,701
- Taxes +€1,614
up €1,614 (+238.9%), from €676 to €2,290
- Staff costs -€1,356
down €1,356 (-2.6%), from €51,754 to €50,399
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
€2,621
Gross operating margin
-€9,381
Staff costs
+€1,356
Depreciation
+€692
Other operating charges
+€139
Other operating items
-€330
Financial income
+€369
Financial charges
+€522
Taxes
-€1,614
Result 2025
-€5,625
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.
From operations
+€34,902
Investment
-€31,506
Financing
-€1,913
Cash 2024
€16,422
From operations (derived)
+€34,902
Net result for the year
-€5,625
Depreciation
+€32,296
Stocks and contracts
+€4,887
Receivables within one year
+€8,611
Deferred charges and accrued income
-€10,000
Trade debts
-€3,180
Tax, wage and social debts
+€6,373
Other debts
+€661
Accrued charges and deferred income
+€880
Investment (derived)
-€31,506
Investment in fixed assets (net)
-€31,506
Financing
-€1,913
Debts after one year
-€4,518
Current portion of long-term debt
+€2,605
Cash 2025
€17,906
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €478,369 | €475,566 | -€2,804 | -0.6% |
| Fixed assets | 21/28 | €218,008 | €217,218 | -€790 | -0.4% |
| Tangible fixed assets | 22/27 | €218,008 | €217,218 | -€790 | -0.4% |
| Land and buildings | 22 | €83,999 | €80,293 | -€3,706 | -4.4% |
| Plant, machinery and equipment | 23 | €118,551 | €102,194 | -€16,357 | -13.8% |
| Furniture and vehicles | 24 | €13,632 | €5,202 | -€8,430 | -61.8% |
| Other tangible fixed assets | 26 | €1,827 | €29,529 | +€27,703 | +1516.5% |
| Current assets | 29/58 | €260,361 | €258,347 | -€2,014 | -0.8% |
| Stocks and contracts in progress | 3 | €158,037 | €153,150 | -€4,887 | -3.1% |
| Stocks | 30/36 | €158,037 | €153,150 | -€4,887 | -3.1% |
| Amounts receivable within one year | 40/41 | €80,902 | €72,292 | -€8,611 | -10.6% |
| Trade receivables | 40 | €80,880 | €72,269 | -€8,611 | -10.6% |
| Other amounts receivable | 41 | €23 | €23 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,422 | €17,906 | +€1,483 | +9.0% |
| Deferred charges and accrued income | 490/1 | €5,000 | €15,000 | +€10,000 | +200.0% |
| Total equity and liabilities | 10/49 | €478,369 | €475,566 | -€2,804 | -0.6% |
| Equity | 10/15 | €68,890 | €63,265 | -€5,625 | -8.2% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €690 | -€4,935 | -€5,625 | |
| Amounts payable | 17/49 | €409,479 | €412,300 | +€2,821 | +0.7% |
| Amounts payable after more than one year | 17 | €145,492 | €140,974 | -€4,518 | -3.1% |
| Financial debts | 170/4 | €145,492 | €140,974 | -€4,518 | -3.1% |
| Amounts payable within one year | 42/48 | €263,987 | €270,446 | +€6,459 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €39,913 | €42,518 | +€2,605 | +6.5% |
| Trade debts | 44 | €198,161 | €194,981 | -€3,180 | -1.6% |
| Suppliers | 440/4 | €198,161 | €194,981 | -€3,180 | -1.6% |
| Taxes, remuneration and social security | 45 | €22,097 | €28,470 | +€6,373 | +28.8% |
| Taxes | 450/3 | €8,719 | €16,723 | +€8,004 | +91.8% |
| Remuneration and social security | 454/9 | €13,378 | €11,747 | -€1,631 | -12.2% |
| Other amounts payable | 47/48 | €3,815 | €4,477 | +€661 | +17.3% |
| Accrued charges and deferred income | 492/3 | - | €880 | +€880 | |
| Non-recurring operating income | 76A | €5,907 | €10,000 | +€4,093 | +69.3% |
| Remuneration, social security and pensions | 62 | €51,754 | €50,399 | -€1,356 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,988 | €32,296 | -€692 | -2.1% |
| Other operating charges | 640/8 | €17,411 | €17,272 | -€139 | -0.8% |
| Non-recurring operating charges | 66A | €207 | €537 | +€330 | +159.4% |
| Gross operating margin | 9900 | €116,082 | €106,701 | -€9,381 | -8.1% |
| Operating profit (loss) | 9901 | €13,722 | €6,198 | -€7,524 | -54.8% |
| Financial income | 75/76B | €45 | €414 | +€369 | +812.0% |
| Recurring financial income | 75 | €45 | €414 | +€369 | +812.0% |
| Financial charges | 65/66B | €10,470 | €9,947 | -€522 | -5.0% |
| Recurring financial charges | 65 | €10,470 | €9,947 | -€522 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €3,297 | -€3,335 | -€6,632 | |
| Income taxes | 67/77 | €676 | €2,290 | +€1,614 | +238.9% |
| Profit (loss) for the period | 9904 | €2,621 | -€5,625 | -€8,246 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,621 | -€5,625 | -€8,246 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.